The Balance Sheet

Networks Serve as Deputy for Food Police Do you feel comfortable eating that Big Mac? That frappuccino? If so, the food police havent gotten to you yet. But they have gotten to the media, who help them get out their anti-personal-responsibility, pro-lawsuit, pro-government-regulation message. Take Food Cops' Advice with a Grain of Salt -- Until That's Banned, Too Dr. Elizabeth Whelan reminds us that the Center for Science in the Public Interest, which once campaigned for trans fats, now sues against them. G: USA Today gives props to young people saving for retirement B: Washington Post stokes class envy with... continue reading
Are you enjoying The Balance Sheet? Forward it along to your friends who will, too! The Business & Media Institute wishes everyone a happy 4th of July. The Balance Sheet will be taking a holiday next week. See you on July 12! Media Confidence Index Stays Low Despite Consumer Optimism Consumer confidence and new home sales are up, but TV journalists haven't seemed to notice. The U.S. economy and its consumers keep defying their dire predictions of recession and housing collapse. Gates & Buffett: A Wealth of Information about How Journalists See Money Rich duo proves that good media coverage... continue reading
Bad Company TV's Assault on the American Businessman In the real world, is the average businessman a murderer, kidnapper and/or philandering backstabber? If not, why is this the way the businessman is portrayed on television? On TV, anti-business plots outnumbered pro-business ones by almost 4-to-1. For American Businessmen, Primetime is Crimetime Entertainment TV: professionals 21 times more dangerous than the mob. G: Christian Science Monitor notices increase in American charity B: ABC News leaves out role high taxes play in boosting Internet cigarette sales U: CNNs Serwer has 70s flashback with stagflation worries Unhappy Anniversary: Kelos Public Purpose Its the... continue reading
Recession Never Recedes Far from News Comments A few down days in the stock market and the media turn to Mr. Reliable recession. Its not the first time in 2006 that the media have preferred weak analysis over a strong economy. Econ 101: Why Immigration Happens Despite political issues, immigration is really just economic forces at work. G: Forbes, Christian Science Monitor report good news on petroleum prices B: NBCs Williams bequeaths shoddy coverage of estate tax to audience U: CNN ignores subsidies, tariffs in story boosting ethanol ABC Labels Litigious Food Police a Consumer Group Gores Film, Lionized by... continue reading
'Jobs Americans Wont Do' The notorious immigration-related phrase seems to have left the president's vocabulary. He's exchanged it for jobs Americans "aren't doing." But the media picked it up awhile ago and have been addressing the idea, despite its obvious flaws. A $40-Billion Scandal With a Capital D Networks continue to downplay or skip fiasco at Democrat-run Fannie Mae. G: NY Times reports how free markets make the Emerald Isle greener B: CBS pushes price gouging claim but ignores evidence to the contrary U: Media continue to swim down Love Canal with Gore coverage CBS Uses Immigration to Push Teacher... continue reading
Its Easy Being Green Whats that smell? Whether its cow manure, home barbecues or just plain sweat, the media smell energy efficiency. Theyre taking every opportunity to remind us about global warming, promoting anything that purports to save energy. Tax Gave New Meaning to Long Distance May the recently departed phone tax and all other punishing government schemes R.I.P. G: Washington Post shows private sector key to urban renewal B: ABC celebrates Kelo-inspired land grab as David vs. Goliath victory U: NBC over-inflates housing bubble with unusual mortgage numbers Washington Post Magazine Scoffs at Global Warming Skeptics Networks Revisit Scare... continue reading
The Free Market Project is now the Business & Media Institute! To read more about this exciting step for our organization please visit http://www.businessandmedia.org/ Please add bmi@mail.businessandmedia.org to your safe sender list, to continue to receive the Balance Sheet. Media ♥ Al Gore Journalists love story about Al Gore celebrates the politician, the advocate and the entertainer all leading up to his one-sided movie and book on global warming that come out today called An Inconvenient Truth. A New Low for Record Highs Media are a broken record themselves when reporting gas prices, from erroneous highs to non-existent price gouging... continue reading
The Free Market Project is now the Business & Media Institute! To read more about this exciting step for our organization please visit http://www.businessandmedia.org/ Please add bmi@mail.businessandmedia.org to your safe sender list, to continue to receive the Balance Sheet. Tax Cuts Once Again Favor the Wealthy The media are back at the same talking points about tax cuts hurting the economy and helping only the top earners. BMI debunks their favorite tax myths. For Love of Money BMIs Amy Menefee explains how the medias suspicion of The Rich continues with Congress extension of tax cuts and what the media arent... continue reading
The Free Market Project is now the Business & Media Institute! To read more about this exciting step for our organization please visit http://www.businessandmedia.org/ Please add bmi@mail.businessandmedia.org to your safe sender list, so you can continue to receive the Balance Sheet Who Likes High Gas Prices? Most Americans believe gas prices are too high. But there are those in the media and politics who want to see prices climb. The Business & Media Institute (formerly the Free Market Project) reveals the tax-boosting agenda of the anti-SUV crowd. Alls Well that Ends in Oil Drilling in ANWR gets an icy reception... continue reading
Ignoring Growth, Eyeing Gas Gauge Economic growth is the best its been in 2 years. But the media cant take their eyes off gas prices, which they insist will take the economy down despite a 4-year high in consumer confidence. Econ 101: Counting on the Government Why does everyone expect the president and Congress to fix gas prices? G: ABC calls for common sense to ward off baby fat B: CNNs eternal pessimist Serwer perplexed by Bush silence on strong economy U: CBSs Pitts attacks Big Oil but holds his fire on socialist oil baron Hugo Chavez CBS Kicks Off... continue reading