2007 was quite the year for poor economic reporting. Newscasts were loaded with one-sided stories on “going green,” the housing “collapse,” a potential “crash” on Wall Street and even things like sweater and R.V. sales…
Business
According to CNN’s Dr. Sanjay Gupta, corn prices have been artificially lowered by government taxpayer subsidies, so they should be artificially raised with a tax on drinks sweetened with corn syrup.
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Before you start getting some crazy idea about the holiday shopping season being on a positive track, tune into the network news for a reminder that the sales figures present an “ominous” sign.
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The U.S. Congress looks poised to follow Australia and other allies in effectively banning traditional light bulbs. In a front-page story December 17, USA Today reporter Paul Davidson praised the provision of the energy…
Want to be Time Magazine’s “Person of the Year?” If you’re a businessman, “albeit a great one,” it would count against you.
“The criteria for the choice, someone that, quote, ‘…
Prepare to be thoroughly disgusted: people are actually digging through businesses' garbage to dine on discarded food – all to make an anti-business statement.
Madeline Nelson…
In her “60 Minutes” interview with New York Yankees star Alex Rodriguez Sunday, Katie Couric asked the third baseman about steroids in baseball, the home run record he is poised to break eventually, and his own upstaging…
It’s no wonder businesspeople tend to distrust the media – especially when unsubstantiated alarmist statements are made and no recourse is offered.
“As many as 600,000 babies…
While the media have been talking down the economy for the past four years on gas prices, recession, housing and more, there may be another reason so many voters perceive the economy to be in poor shape.
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Begley said he has received a return on all the environmental investments he’s made since he bought his first electric car in 1970. While they may be more expensive up front, Begley said, green products from…
Critical condition in medical terminology means a patient has a high risk of death that could occur within the next 24 hours. ABC used those two words to make the American medical system sound terrible and to promote…
Al Gore, the tall, “adorable,” “sexy,” “very hot Nobel Peace Prize winner,” … “The Man.”
It was the ultimate in Al Gore adoration, all the way from Oslo, Norway, via The…
Investors weren’t the only ones disappointed with the Federal Reserve Board’s actions on December 11.
The Fed’s decision to cut the Fed funds rate 25 basis points and the Fed’s statement…
Back on August 3, CNBC “Mad Money” host Jim Cramer threw a fit – screaming Armageddon and pounding the table – because the Federal Reserve was slow to cut interest rates. Not so this time.
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The Hollywood Goes Green conference featured not only appearances by celebrities the caliber of Ed Begley Jr. and Larry Hagman, but also gave industry members the chance to see ways to lessen their own “carbon footprints…
Views side by side: read A Mortgage Bailout? by Brian Wesbury and Robert Stein for another view, and BMI Adviser Gary Wolfram's Econ 101: The Problem with Bailouts.
Last week President Bush and Treasury Secretary Paulson…
Views side by side: read MSM Misses on Mortgage Rescue by Jerry Bowyer for another view, and BMI Adviser Gary Wolfram's Econ 101: The Problem with Bailouts.
The Bush Administration proposal to assist homeowners who face mortgage…
How do you solve the problem that the American public seems uninterested in television shows and movies that preach about global warming and other environmental issues? Hide it from them! That's…