Comedian-turned-economist Jon Stewart is at it again, declaring that “the world is apparently collapsing” because of the subprime mortgage “crisis” and that it would take 15 to 20 years for the “free market” to reverse an economic downturn…
Business
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January 25, 2008
Bernanke can’t catch a break these days – whether it is people like CNBC “Mad Money” host Jim Cramer screaming Armageddon if the Fed doesn’t cut rates or if it is politicians in Washington up for re-election demanding…
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January 25, 2008
Just when you thought it was safe to grocery shop …
Armed with “Today”-branded tote bags and environmentalist talking points about paper and plastic shopping bags, “Today” show host Matt Lauer pestered shoppers at a Manhattan…
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January 25, 2008
There’s an old saying – “Congress never touches anything they don’t hurt,” but you would never know that might be the case by the glowing reception the $150-billion taxpayer-funded stimulus plan got from each of the…
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January 24, 2008
Prescription drugs are more expensive in the United States than other countries for a number of reasons, arguably the biggest of which is that other governments artificially control prices so that Americans are left with…
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January 24, 2008
When newscasts start reporting about how to find a job after you’ve been laid off from the recession, things must be very bad, right?
According to the January 23 “CBS Evening News,” it is something to be worried about, but…
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January 23, 2008
Although he quit working full-time for ABC News in 1999, former ABC reporter and “World News Sunday” anchor Sam Donaldson still is full of opinions when it comes to the economy and politics.
Donaldson, who is a contributor to…
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January 23, 2008
In the second installment of its “Today Goes Green” series telling you how to live your life, NBC’s “Today” show on January 23 promoted compact fluorescent light bulbs (CFLs), an efficient light bulb meant to replace traditional…
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January 23, 2008
Amy Robach, a daytime anchor at MSNBC, recently reported on the “Today” show that “everyone’s talking about a recession.” The Business and Media Institute found that the broadcast media mentioned the economy or a recession in 54 stories…
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January 23, 2008
Panicked selling by investors has caused sizeable Wall Street drops recently, but instead of presenting a calm analysis ABC seemed content to fan those fears on January 22.
…
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January 23, 2008
Media Stimulate Recession and Tax Rebate Frenzy by Twisting Fed Chairman's Words
Its economic stimulus packages galore in the media since Fed…
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January 23, 2008
On the day after Federal Reserve Chairman Ben Bernanke sat before Congress and said the Fed is “not forecasting a recession,” CBS’s Bianca Solorzano reported on the “Early Show” that “Bernanke confirmed recession fears.”
Brian…
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January 22, 2008
Building off the popularity of its “Ends of the Earth” jet-setting extravaganza in November, the “Today” show on January 22 kicked off a four-day series called “Today Goes Green” to encourage viewers to be more environmentally friendly.…
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January 22, 2008
After the Fed made an “emergency” 75-basis-point rate cut the morning of January 22, CNBC’s “Mad Money” host Jim Cramer, who turned from optimist to pessimist, said it was too little too late.
“[T]his is obviously the kind of…
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January 21, 2008
Repeated predictions and threats of recession weren’t enough for one prominent magazine editor who claimed things are even worse than that by bringing up the Great Depression.
…
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January 21, 2008
In a front-page article Friday, the Washington Post provided redundant reminders of why many people no longer trust the Mainstream Media to give them fair political coverage.
In bending over backwards to portray Bill Clinton in the best…
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January 20, 2008
Michelle Singletary, a Washington Post personal finance columnist known for usually sound advice, used her January 20 column to boost Hillary Clinton’s presidential campaign.
…
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January 20, 2008
Whether the issue is health care, Social Security, infrastructure or post-Hurricane Katrina problems, former Secretary of State Madeline Albright blames the Iraq war.
After making some outlandish comments about President…
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January 18, 2008
It’s an argument supply-siders make regularly – money is better used in the hands of individuals than in the hands of the government – assuming the money didn’t come from individuals in the form of taxes to begin with.
On…
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January 18, 2008
He didn’t try to sugarcoat it, but Federal Reserve Chairman Ben Bernanke did say the U.S. economy was not destined for the Armageddon scenario some in the media have been prognosticating.
Bernanke wasn’t completely down on the…
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