Henry Paulson

Before Monday's House vote on the largest government bailout in American history, Speaker Nancy Pelosi (D-Cali.), in potentially one of the most poorly-timed displays of partisanship in recent memory, blamed President Bush and Republicans for the turmoil in the financial services industry (video embedded right). Such ill-advised finger pointing seemed to surprise press members of all shapes and…

The Associated Press's Charles Babington, the journalist Keith Olbermann attacked in August for having the nerve to criticize Barack Obama's speech at the Democratic National Convention, wrote a McCain-bashing article Thursday evening that should get a standing ovation from the "Countdown" host.The piece entitled "Dems, Some in GOP Question McCain's Intervention" probably evoked so much applause…

So much for a "stunt."John McCain got involved in the bailout negotiations after Treasury Secretary Henry Paulson told Sen. Lindsey Graham yesterday that the bailout plan would fail unless McCain came in and brought balky Republicans aboard.  That's what Bob Schieffer reported on this morning's Early Show.  Schieffer's account stands in stark contrast with the allegation by Dems like Barney Frank…

"Good Morning America" economic reporter Bianna Golodryga narrated a segment on Tuesday's show that featured grainy black and white footage from the 1930s and two references to the Great Depression. The ABC journalist also featured clips from Democratic presidential contenders Barack Obama and Hillary Clinton to amplify the warnings of impending economic doom. While discussing the collapse of…

For more than a week, NewsBusters has been pointing out that media seem to be adopting the 1992 Bill Clinton playbook of presenting the economy as being in much worse shape than it really is.On Sunday, former Clinton administration adviser George Stephanopoulos took this doom and gloom posture by repeatedly depicting the nation as already being in a recession. In fact, he began the most recent…

This is Marcy Kaptur (D-Ohio): Last Thursday, she was at a House committee meeting (HT QandO) and started asking this guy some questions: The guy is Fed Chairman Ben Bernanke. The problem is, this is what she asked: The Ohio Democrat, at a House of Representatives Budget Committee hearing, said she wanted to know what Wall Street firms were responsible for the securitization of subprime…