Even during an economic crisis the press will devolve into covering an event that includes the leaders of the 20 most powerful economies of the world in the most trivial of ways.  Based on the coverage, we're not really sure happened aside from Mrs. Obama feeling up the queen, bein… Read full post »

Bill Hemmer isn't aging backwards.  Apparently, he's just aging and suffering from a common ailment of getting long in the tooth - memory loss.  

OK, correlation does not equal causation; but this is modestly humorous.  Over the last century, any time you had a multi-term GOP president (in other words, long enough to do real damage) you had a pretty substantial collapse in the banking industry (i.e., near fundamental economic collapse). &… Read full post »

Michelle Caruso-Cabrera is working hard to reaffirm CNBC's no-nothing bluster bona fides.  Within the last hour (11am PST) , Michelle (high seas piracy expert that she is) dressed down a shipping industry representative for paying off Somali pirates in exchange for their crews.  

&nb… Read full post »

In a heated discussion with Steve Liesman yesterday morning on CNBC, Rick Santelli revealed that he was "very proud" of the Tea Party Movement that he helped to spawn. In the classic debate, Liesman took the perspective of avoiding systemic risk while Santelli was the continued advocat/… Read full post »

The press does a poor job of providing context.  This observation is neither unique nor insighful. But, assuming this is the case; we decided to do a quick comparison between actions taken so far by the Obama administration that have caused so much outrage among teabaggers and those of other mod… Read full post »

Sarah Palin launched her political action committee (PAC).  You can check it out at sarahpac.com.  

 The  PAC seems primarily oriented around the issue of energy independence which has broad bipartisan support.  What doesn't generally have broad bipartisan support is t… Read full post »

Is it just me or do things seem far too calm the last few weeks?  I mean, we're in the midst of the worst financial and economic crisis since the Great Depression and we've got the stock market up nearly 40% since early March.  Where's the panic?  What happened to the… Read full post »

Peggy Noonan comparing Barrack Obama's speech tonight to a Nuremberg rally is right up there with the crazy narrative cranked up by Frankenstein Charles Krauthammer last night on Fox News when he compared Democratic convention goers with crowds in Pyongyang. 

Do these hit the same talking point… Read full post »

In a strangely incongurent imge, the Drudge Report ran this picture and corresponding tagline this morning:

The link led to this story which had the Yahoo! News headline of "Obama: AIG can't justify 'outrage' of exec bonuses."  However, from the picture, you'd think… Read full post »

David Sirota has asked why a double standard exists between coddled bank CEOs and those that head up the nation's auto makers.  I believe a clear explanation exists...and one not based on conspiracy theories.

First, the government can't pull confidence out of the financial sector abruptly or ris… Read full post »

Charles Schwab, the founder and CEO of the Charles Schwab Corporation (NYSE: SCH), provided some simple yet insightful commentary on CNBC earlier this week.  When asked about what the financial services industry needs to do to restore trust among investors and depositors, Schwab put forward the… Read full post »

Moments ago, Ron Paul indicated on CNN that Obama was putting the country on a road toward fascism. Paul is a popular sitting congressman. Coinciding with Tea Parties, a report by the Department of Homeland Security about threats from the radical right, and resolutions in the Texas leg… Read full post »

The fresh church shootings in Knoxville, Tennessee is full of perplexing ironies.  All of the amp'ed up political rhetoric since the 1970s that has increasingly divided the country into liberal and conservative camps seems to have finally spilled over into a hate crime that is exclusively based… Read full post »

The main business of the US press is to insult the intelligence of the American public, and to that end their professionalism drives them aspire and achieve ever greater success each year.  Very few news events are completely episodic, especially when it comes to foreign policy and the actions o… Read full post »

 Alexander Hamilton - America's First Financial Blogger

Alexander Hamilton had a lot on his plate as the first secretary of the treasury (so the president has told us), but he did find time to write the Federalist Papers that allowed us to peer into his views and how h… Read full post »

In Silicon Valley they say that you can start a business with an idea, an engineer, some beer, and an endless supply of pizza.   Seems like the CEO of Dominos has naturally subscribed to that approach.   The company's recent commercials poke fun at the recent string of bailouts th… Read full post »

There was a lot of talk about spreading democracy throughout the world for the better part of the last decade.  Efforts met with mixed success, but inspiration can be taken from India's "experiment" with democracy.  The results are in and after more than 50 years of smooth transitions of po… Read full post »

The biggest narrative during Barack Obama's world tour was that he was getting too much press attention and that the liberal media was biased toward an Obama coronation. 

But being able to pull nearly 300,000 people for a speech by someone who isn't even president yet, IS news.   Howe… Read full post »

An interesting point that has regularly emerged on skewz is that the assertion that the recently passed $700 billion financial stabilization package is a bailout of Wall Street.  What the press does not seem willing or able to communicate is that Wall Street really does not exist any more. … Read full post »

There's only one group that hates the liberal media more than the agrieved conservatives...and that's the liberal media itself.  The amount of neurotic self-flagelation is impressive. 

On CNN, Lou Dobbs, Glenn Beck, Kitty Pilgrim, and Howard Kurtz have virtually become unhinged at the libe… Read full post »

John King's interview with Dick Cheney was no Frost-Nixon like experience, and a Frost-Nixon like interaction is what was needed given all of the legitimate controversies swirling around the past administration.  The session need not be a witch hunt.  Folks on the right from congress… Read full post »

Politico has naturally veered right in the past weeks to months since the election.  "Naturally" because the whole point of the site is to reinforce the on-going political "argument" in D.C.   Going after the existing power base helps to stoke the "argument," but too often, the… Read full post »

Many of us heard about the deaths of four Oakland police officers in March after a relatively routine traffic stop went bad.  Two motor (motorcycle) police offers stopped a car near downtown Oakland.  They were killed during that stop.  As the Oakland SWAT team attempted to find and ar… Read full post »