http://www.mrc.org/articles/business en Credit Card Rules Limiting Access for Stay-at-home Moms http://www.mrc.org/articles/credit-card-rules-limiting-access-stay-home-moms <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> CNN Money reports on an unintended consequence of Obama regulation the media didn’t see coming and left touted as ‘lifeboat’ for consumers. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/ryan-robertson">Ryan Robertson</a> </div> <div class="field-item even"> <div class="field-label-inline"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p dir="ltr">CNN Money recently introduced the world to Holly McCall, a thirty-four year old stay-at-home mother of two from Vienna, Va, who is fighting against the credit card “reforms” enacted in 2009. in a May 16 story, CNN Money’s Blake Ellis wrote that despite approval in the past, McCall was denied a credit card from Target last fall. She <a href="http://money.cnn.com/2012/05/16/pf/credit-cards-stay-at-home-moms/index.htm">blamed a 2009 law that was supposed to “protect consumers.”</a></p><p><a href="http://www.mrc.org/articles/credit-card-rules-limiting-access-stay-home-moms" target="_blank">read more</a></p> Articles Business and Media Institute Business Family Government Media access to credit CARD act credit card credit card bill of rights legislation obama reform Regulation stay at home moms unintended consequences Tue, 22 May 2012 16:34:58 +0000 julia.seymour 40154 at http://www.mrc.org Networks Target Romney’s Wealth 13 Times More Than Richer Sen. Kerry http://www.mrc.org/articles/networks-target-romneys-wealth-13-times-more-richer-sen-kerry <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> 2004 Democratic candidate married to Heinz heiress, far wealthier than his 2012 counterpart. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/mike-ciandella">Mike Ciandella</a> </div> </div> </div> <p>The nomination is several weeks away, but the party has its “inevitable” candidate. With hundreds of millions of dollars at his disposal, opponents raise concerns about whether that vast wealth had completely disconnected him from the reality that most Americans face every day. </p> <p>The year was 2004 and the candidate Sen. John Kerry. But the major networks gave Kerry’s great wealth nowhere near the attention that they have given to Gov. Mitt Romney’s millions in 2012. </p><p><a href="http://www.mrc.org/articles/networks-target-romneys-wealth-13-times-more-richer-sen-kerry" target="_blank">read more</a></p> Articles Business and Media Institute Media Politics abc cbs Kerry NBC romney wealth Sat, 19 May 2012 00:06:46 +0000 dan.gainor 40130 at http://www.mrc.org Greece Heads for Default, Despite Media Predictions It Wouldn’t http://www.mrc.org/articles/greece-heads-default-despite-media-predictions-it-wouldnt <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Jim Cramer and other media analysts predicted default wouldn’t be necessary thanks to government bailouts. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/paul-wilson-joe-and-betty-anderlik-fellow-culture-and-media">Paul Wilson, Joe and Betty Anderlik Fellow in Culture and Media</a> </div> </div> </div> <p>Greece is the perfect example of the eventual outcome of unchecked spending – especially as it creeps closer and closer <a href="http://www.irishtimes.com/newspaper/frontpage/2012/0511/1224315908588.html">to defaulting on its massive debts</a>, despite <a href="http://finance.yahoo.com/news/greek-prime-minister-does-not-060312047.html">multiple government bailouts</a> in May 2011. One recent BBC News headline warned: “Greece: ‘Default within the euro is possible’.”<br /></p><p><a href="http://www.mrc.org/articles/greece-heads-default-despite-media-predictions-it-wouldnt" target="_blank">read more</a></p> Articles Business and Media Institute Economy Government International Austerity Bailout default EU European Union Fortune Greece Greek Jim Cramer Katie Benner Fri, 18 May 2012 17:56:31 +0000 julia.seymour 40123 at http://www.mrc.org NY Times Goes to Extremes to Convince Readers of Student Loan Crisis http://www.mrc.org/articles/ny-times-goes-extremes-convince-readers-student-loan-crisis <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Front page story cites student $120,000 in debt; later admits only 3 percent of borrowers have $100K+ burden. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>The New York Times continued and old media theme of complaining about the volume of student debt on May 13 with its front page story: “A Generation Hobbled by College Debt.”<br /><br />Times writers Andrew Martin and Andrew W. Lehren began the 4,647-word essay about the problem of growing student debt began with the extreme example of one girl who is graduating $120,000 in debt.<br /></p><p><a href="http://www.mrc.org/articles/ny-times-goes-extremes-convince-readers-student-loan-crisis" target="_blank">read more</a></p> Articles Business and Media Institute Economy Education Government borrower college loan crisis debt debtor Detroit Free Press networks New York Times student student loan subsidies tuition Tue, 15 May 2012 20:33:18 +0000 julia.seymour 40087 at http://www.mrc.org Communications Union Head Chafes at ‘Limits of Democracy’ http://www.mrc.org/articles/communications-union-head-chafes-limits-democracy <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/scott-robbins">Scott Robbins</a> </div> </div> </div> <p>As an ever-shrinking number of newspaper readers can attest, most major U.S. papers skew liberal. But its not every day the head of a union representing journalists lays out a list of goals that might have been written by MoveOn.org, and displays a contempt for democracy more at home on the editorial pages of state-run organs in third-world dictatorships.</p><p><a href="http://www.mrc.org/articles/communications-union-head-chafes-limits-democracy" target="_blank">read more</a></p> Articles Business and Media Institute Business Labor Media Politics AFL-CIO Newspaper Guild Tue, 15 May 2012 18:55:18 +0000 matt.philbin 40084 at http://www.mrc.org Unemployment Rate Drops Because 522,000 Give Up Jobs Search http://www.mrc.org/articles/unemployment-rate-drops-because-522000-give-jobs-search <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> April adds only 115,000 jobs, while millions make up ranks of ‘invisible unemployed.’ </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>About 45,000 fewer jobs were added in April than economists <a href="http://www.rttnews.com/1877100/u-s-economy-adds-115000-jobs-in-april-fewer-than-expected.aspx?type=alleco&amp;utm_source=google&amp;utm_campaign=sitemap">expected</a>, and the unemployment rate dropped to 8.1 percent due to more than a half million people giving up the job search. CNN Money reacted with the headline “hiring fizzles.”<img height="180" width="250" src="/sites/default/files/uploads/CNN%20May%204%20-%20Jobs.jpg" style="float: right; border: 3px solid black;" /><br /></p><p><a href="http://www.mrc.org/articles/unemployment-rate-drops-because-522000-give-jobs-search" target="_blank">read more</a></p> Articles Business and Media Institute Economy Government Life CNBC CNN cnnmoney james pethokoukis job search jobs jobs report labor force labor force participation Martin Bashir MSNBC obama peter morici unemployment william cohan Fri, 04 May 2012 14:06:44 +0000 julia.seymour 39990 at http://www.mrc.org Occupy-Loving Washington Post Pushes Furnishings for the 1 Percent http://www.mrc.org/articles/occupy-loving-washington-post-pushes-furnishings-1-percent <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/paul-wilson-joe-and-betty-anderlik-fellow-culture-and-media">Paul Wilson, Joe and Betty Anderlik Fellow in Culture and Media</a> </div> </div> </div> <p>There's real paradox in romanticizing squalid, rat infested tents in one section of your publication while in another advising well-heeled readers where to buy a $5,000 Chippendale rug. But such is life at a liberal big-city newspaper.</p><p><a href="http://www.mrc.org/articles/occupy-loving-washington-post-pushes-furnishings-1-percent" target="_blank">read more</a></p> Articles Business and Media Institute Economy Government Politics Taxes Occupy Wall Street Washington Post Wed, 02 May 2012 18:36:14 +0000 matt.philbin 39968 at http://www.mrc.org Media Label Spending Cuts ‘Draconian’ and ‘Folly,’ As Debt Grows by Over $4 Trillion http://www.mrc.org/articles/media-label-spending-cuts-draconian-and-folly-debt-grows-over-4-trillion <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> In three years since the Senate last passed a budget, attempts to curtail spending have been criticized by media. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>It was nearly three years ago that the U.S. Senate last passed a budget, despite the need for a clear plan to tackle debt and spending issues. The anniversary of that last budget is April 29, 2009. Since that time, the media have repeated the liberal theme that proposals to cut or cap spending are “draconian,” even when the cuts were only 4.6 percent of the year’s budget deficit.<br /></p><p><a href="http://www.mrc.org/articles/media-label-spending-cuts-draconian-and-folly-debt-grows-over-4-trillion" target="_blank">read more</a></p> Articles Business and Media Institute Economy Government Media abc balanced budget amendment baseline budgeting Budget David Gregory debt ceiling Diane Sawyer draconian ezra klein Heritage Foundation Jon Stewart Lester Holt NBC New York Times norman dicks obama Paul Ryan Senate spending cuts Washington Post Fri, 27 Apr 2012 15:45:22 +0000 julia.seymour 39935 at http://www.mrc.org Dr. Oz Tells Readers to Skip Eating Beef http://www.mrc.org/articles/dr-oz-tells-readers-skip-eating-beef <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Also continues crusade against so-called ‘pink slime.’ </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/mike-ciandella">Mike Ciandella</a> </div> </div> </div> <p>Dr. Oz and his fellow physician Dr. Michael Roizen have escalated the media’s attacks against beef. They joined the countless opponents of lean, finely textured beef, often referred to as “pink slime” by the media and lefty activists, but took their argument further, calling for people to “seriously consider abandoning red meat.”</p><p><a href="http://www.mrc.org/articles/dr-oz-tells-readers-skip-eating-beef" target="_blank">read more</a></p> Articles Business and Media Institute Business Health beef Dr. Oz Pink Slime safe Wed, 25 Apr 2012 22:17:05 +0000 dan.gainor 39923 at http://www.mrc.org Senate Rejects ‘Buffett Rule,’ Despite Networks’ Promotion of ‘Tax Reform’ http://www.mrc.org/articles/senate-rejects-buffett-rule-despite-networks-promotion-tax-reform <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Nearly 70 percent of stories on millionaires tax include ‘fair’ talk; only 8 percent mention ‘politics of envy.’ </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>The mainstream media rarely like the very rich, but billionaire Warren Buffett is the exception. The Berkshire Hathaway CEO remains unscathed, even <a href="http://www.mrc.org/articles/american-morning-beams-over-pro-tax-warren-buffett">adored </a>by the liberal news media due to his liberal politics.<br /></p><p><a href="http://www.mrc.org/articles/senate-rejects-buffett-rule-despite-networks-promotion-tax-reform" target="_blank">read more</a></p> Articles Business and Media Institute Economy Media Politics Taxes Barack Obama Buffett Rule class warfare debbie bosanek millionaire's tax politics of envy Senate soak the rich tax tax the rich taxation Warren Buffett Wed, 18 Apr 2012 21:10:53 +0000 julia.seymour 39868 at http://www.mrc.org