Powered By Christian Gifts

Monday, December 15, 2008

The Media's Top 10 Worst Economic Myths of 2008

Note: This contains more Bush Derangement Syndrome nonsense, reference "The Attack of The Killer Tomatoes."
I have no doubt that Bush is responsible for the blown tire on my motorcycle in 1986 and likely responsible for the broken thumb I suffered in 1977 as well.
Dean

BMI's collection of outrageous economic bias for the entire year: From the salmonella outbreak to the media's call for a new, New Deal.

By Julia A. Seymour and Paul Detrick
Business Media Institute
12/11/2008

Each year the Business Media Institute looks back on the year's news and selects the top 10 worst economic myths. Here is our 2008 list:

10. Capitalism is dead or dying.

9. Gas at $4-a-gallon, blame the oil companies.

8. Fannie’s failure

7. Barack Obama sends stocks soaring, but not sinking.

6. Alternative energy: All gain, no pain

5. The economy has a fever and the only prescription is more bailouts.

4. Attack of the Killer Tomatoes

3. Oil prices will skyrocket to $200 a barrel, gas to $15.

2. Welcome to 1929: Great Depression II

1. America needs a new, New Deal.

Read the details here.