S&P

Networks Hype High Estimate of Shutdown Cost, Job Loss

julia.seymour — Tue, 12 Nov 2013 15:19:36 +0000

OMB finds damage to economy just one-fourth the reported size but gets little coverage.

Sean Long

The news media worried a lot about how awful the government shutdown would be and estimated it would take a huge toll on the economy as well. Now it looks like they were wrong about the size of the damage.

— Sean Long is Staff Writer at the Media Research Center. Follow Sean Long on Twitter.

Soros-Funded Media Toe Liberal Line in Debt Coverage

admin — Wed, 10 Aug 2011 18:47:00 +0000

Iris Somberg

Coverage of the debt battle and ratings downgrade by Soros-funded media outlets followed the standard liberal line. Conservatives are blamed for blocking tax hikes, the ratings agency itself is called unreliable, and increased financial regulations are called for.

Forget the House proposal of Cut Cap and Balance. Further spending cuts aren't even given the time of day among top Soros-funded news sites, unless they are being criticized. Increased taxes are the only option in their world.

USB's Cashin: Market Conditions 'Reminiscent' of Lead Up to 1987 Crash

admin — Fri, 11 Sep 2009 18:51:29 +0000

Jeff Poor

The Dow Jones Industrial Average (DJIA) has climbed nearly 45 percent since hitting a March 9 low. The S&P 500 (S&P) is up nearly 53 percent. And the NASDAQ (NASDAQ) has soared a whopping 61 percent since the March bottom.

NBC Misleads about Housing Problems

admin — Wed, 28 Nov 2007 22:22:40 +0000

Julia A. Seymour

While it certainly wasn’t a “best of times” report from CNN, it was a “worst of times” on “NBC Nightly News” November 27.

Anchor Brian Williams introduced a dismal segment on the 4.5 percent decline in the national average home price.

While it certainly wasn’t a “best of times” report from CNN, it was a “worst of times” on “NBC Nightly News” November 27.

Stock Markets and Credit 'Crunch': Free-Market Experts Speak Out

admin — Wed, 15 Aug 2007 20:39:34 +0000

Jeff Poor

It has been a topsy-turvy few weeks for the stock markets, as fear of tightening credit markets fueled by prime and subprime mortgage woes have frightened the news media. The business media have been alternately hysterical and calm about the current economy.

Free-market economists have mixed views on how good or bad things really are. But there’s one thing most agree on – government action is not the solution.