By Tom Blumer | August 28, 2010 | 10:18 AM EDT
APonBernankeInCharge082710Fed Chairman Ben Bernanke's first full day as the only person in the whole wide world with any kind of influence over what happens in the economy didn't go too badly.

That's the impression one might get from consuming two Friday Associated dispatches and a related AP Video.

Bernanke apparently took full charge of anything and everything having to do with the economy on Thursday evening. As noted early Friday morning (at NewsBusters; at BizzyBlog), two Thursday afternoon dispatches from the wire service in advance of the government's Friday morning GDP report widely predicted to contain news of a significant downward revision to second-quarter economic growth placed surreal importance on the content of a speech he was to give Friday morning shortly after that report's release. The names of President Barack Obama, Harry Reid, Nancy Pelosi, Tim Geithner, and Larry Summers were totally absent from both reports.

Friday, in the wake of the downward revision of second-quarter GDP from an annualized 2.4% to 1.6%, AP's primary economic report about Bernanke's apparent first day as Emperor-in-Chief again failed to name the five folks just mentioned, as did a one-minute video from Mark Hamrick found here (after a 30-second commercial).

Here is some of what Christopher Rugaber, with assists from Jeannine Aversa and Alan Zibel, wrote about Ben's big day:

By Tom Blumer | August 22, 2010 | 8:40 PM EDT
money_down_toilet2

Call it "No Contractor Left Behind."

The Robert F. Kennedy Community Schools in Los Angeles, apparently opening soon, will serve roughly 4,200 students in grades K-12. Its cost is coming in at $578 million, or almost $140,000 per student ($2.75 million per 20-student classroom).

This is the LA Unified District's most flagrant example of its Taj Mahal obsession, and it is far from the only one. Also, as the Associated Press's Christina Hoag reported early Sunday evening, LA is not the only place where the Taj Mahal complex is in vogue:

The K-12 complex to house 4,200 students has raised eyebrows across the country as the creme de la creme of "Taj Mahal" schools, $100 million-plus campuses boasting both architectural panache and deluxe amenities.

"There's no more of the old, windowless cinderblock schools of the '70s where kids felt, 'Oh, back to jail,'" said Joe Agron, editor-in-chief of American School & University, a school construction journal. "Districts want a showpiece for the community, a really impressive environment for learning."

By Tom Blumer | August 12, 2010 | 12:46 AM EDT
NameThatPartyWednesday evening, Brent Baker at NewsBusters noted that two of the Big Three television networks failed to tag Dan Rostenkowsi, the former long-time congressman from Chicago who was ousted from his seat in 1994 over corruption charges and ended doing prison time, as a Democrat. Rostenkowski (RIP), who was 82, died yesterday.

At the five major wire services whose reports I reviewed -- The Associated Press, Reuters, UPI, AFP, and the business-oriented Bloomberg News -- Rosty's Democratic affiliation made at least one appearance. But the prominence and directness of those appearances varied widely.

Not surprisingly, the Associated Press and writer Don Babwin did the worst job of identifying Rosty's party, waiting until the eleventh paragraph to directly tag him (the eighth paragraph contains a generic reference to the "Chicago Democratic machine"), and poured it on the thickest when referring to the supposedly beloved bygone days of bipartisanship:

By Noel Sheppard | June 24, 2010 | 1:12 AM EDT

On Monday, 87 Senators signed a letter to President Obama affirming their support for Israel while urging his.

This comes in response to last month's highly-publicized flotilla incident in the Mediterranean Sea and the United Nations predictable anti-Israel reaction.

A similar letter has been circulated in the House that has apparently garnered 307 signatures.

Despite the overwhelming bipartisan outcry -- something rather rare in Washington these days to be sure -- very few American media outlets bothered to report the news.

Fortunately, the Hill published the following Wednesday (h/t Weasel Zippers):

By Tom Blumer | June 22, 2010 | 12:15 PM EDT
HugoChavez0110Late last year, a story carried by the wire service AFP reported on an announcement by Venezuela's Hugo Chavez that his government would launch "a new chain of government-run, cut-rate retail stores that will sell everything from food to cars to clothing." Chavez reportedly said that these "discount socialist stores" would show people "what a real market is all about, not those speculative, money-grubbing markets, but a market for the people."

This initiative was on top of Chavez's creation of Mercal (link is to the Venezuelan home page, complete with "The Bolivarian Government of Venezuela" logo), a state-run network of grocery stores, seven years ago.

How is this great leap forward into state control working out? A June 18 Reuters dispatch carried at CNBC reports that the government can't even keep its food fresh. But that's okay. The wire service takes a while to get there, and even then a bit of interpretation is necessary, but eventually we learn that the Chavez "solution" to that thorny problem is to seize replacement goods from private merchants:

Hugo Chavez Spearheads Raids as Food Prices Skyrocket

Mountains of rotting food found at a government warehouse, soaring prices and soldiers raiding wholesalers accused of hoarding: Food supply is the latest battle in President Hugo Chavez's socialist revolution.

By Tom Blumer | May 10, 2010 | 1:48 PM EDT
ObamaAtHamptonU0510Yesterday, in the midst of the commencement address he delivered at Hampton University, President Obama made a startling "admission" (readers will see why "admission" is in quotes shortly):
And meanwhile, you're coming of age in a 24/7 media environment that bombards us with all kinds of content and exposes us to all kinds of arguments, some of which don't always rank that high on the truth meter. And with iPods and iPads; and Xboxes and PlayStations -- none of which I know how to work -- (laughter) -- information becomes a distraction, a diversion, a form of entertainment, rather than a tool of empowerment, rather than the means of emancipation. So all of this is not only putting pressure on you; it's putting new pressure on our country and on our democracy.

There are more troubling overtones inherent in the excerpt that many observers have already noted. I'll stay away from them for the purposes of this post.

Those matters aside, there are still a few pesky items that arise from the bolded portion of the excerpt.

By Tom Blumer | February 6, 2010 | 2:11 AM EST
APvidTeaseToyotaFix020410AFPlogo

In a post late Thursday afternoon (at NewBusters; at BizzyBlog), I noted that the half of the teases (6 of 12) for the Associated Press's short videos in business stories at its web site were about Toyota, specifically its recent product quality issues and falling sales.

In that post, I noted a conflict of interest in the relationship between the U.S. government and Toyota, and wondered when someone in the press would bring the matter up:

To the extent the government is leaning hard on the company, somebody in the press should be questioning whether the motivations are purely related to safety or whether they also involve generating as much negative publicity as possible about the principal foreign-based competitor of government-controlled General Motors and Chrysler.

I didn't realize at the time that one wire service, AFP, actually had actually brought up the matter, complete with quite a provocative headline, Thursday morning.

Here are key paragraphs from Mira Oberman's AFP story (bolds are mine):

By Rusty Weiss | January 31, 2010 | 1:05 AM EST

Watching the media's inability to find relevant investigative news during the Obama era is like watching a bald-headed fellow named Fudd hunting for ‘wabbit'. 

Such is the case of the main stream media's complete and utter ignorance involving the administration recently steering a $25 million no-bid contract to a Democratic campaign contributor. 

While Fox News reporter James Rosen did an in-depth investigative report (and follow up) on the deal with Checchi & Company - despite working for what the administration considers a non-news network - the entire media establishment had ignored a significant reneging of campaign promises, right up until that deal was canceled.

Doing his best impersonation of a crystal ball, NewsBuster Tom Blumer correctly foretold the future when he questioned the media response to the story:   

"Will the rest of the establishment press risk the tattered remnants of its credibility, follow the White House's suggestion, and ignore the story because it's coming from Fox?"

The answer...

By Tom Blumer | January 10, 2010 | 6:33 PM EST
HugoChavez0110Four recent stories out of Venezuela each give readers brief glimpses at how Hugo Chavez's brand of authoritarian socialism is critically wounding what could be a resource-rich, financially prosperous country:
  1. January 9, Associated Press -- "Venezuela weakens currency for 1st time in 5 years."
  2. January 10, Bloomberg -- "Chavez Says He’ll Seize Businesses That Raise Prices."
  3. December 22, AFP -- "Chavez announces new discount 'socialist' stores."
  4. January 9, AP -- "Venezuela faces risk of devastating power collapse."

Collectively, however, they depict a country in the early stages of a headlong free-fall into Cuban-style financial ruin. No U.S. establishment media enterprise appears interested in making the accelerating decays in financial well-being and personal freedom in that country understandable to the average person.

AP's headline at the first item noted seems designed to avoid attention. This isn't a mere "weakening" of the currency; instead, it's a bizarre bi-level devaluation of up to 50%:

By Noel Sheppard | December 1, 2009 | 5:12 PM EST

Almost a year ago, the media had a field day with the Iraqi journalist who threw his shoes at former President George W. Bush.

On Tuesday, Muntazer al-Zaidi was in Paris promoting his campaign for what he calls "victims of the US occupation in Iraq," and a fellow journalist threw a shoe at him.

Given the media's fascination with Zaidi's highly-publicized demonstration last year, it will be very interesting to see how the press will respond when the shoe is literally on the other foot (video embedded below the fold with additional commentary, h/t Story Balloon):

By Tom Blumer | November 21, 2009 | 10:37 AM EST
taxes

At this point, there should be little doubt that there is a concerted attempt underway to use the war in Afghanistan as a justification for punitively taxing high earners.

Last weekend (noted at NewsBusters; at BizzyBlog), the New York Times discovered that wars cost money. It cited Wisconsin Democratic Congressman David Obey's concern that funding the Afghanistan effort at the level requested months ago by General Stanley A. McChrystal would "devour virtually any other priorities that the president or anyone in Congress had."

Thursday, as reported by AFP (noted last night at NewsBusters; at BizzyBlog), House Democratic heavy-hitters Barney Frank, John Murtha, and (no surprise) Obey announced the "Share The Sacrifice Act of 2010," an income-tax surcharge that overwhelmingly targets high-income earners.

Now Michigan Democratic Senator Carl Levin has weighed in. Bloomberg dutifully carried his water, as seen in this graphic containing the first four paragraphs of the report:

By Tom Blumer | November 20, 2009 | 10:59 PM EST
AfghanWarAFPphoto1109

You've got to hand it to the propagandists at the AFP. When heavy-hitting members of the party they favor announce an idea whose main purpose is, as the New York Times suddenly "discovered" last weekend, to remind people that wars cost money and distract from supposedly more important priorities, the wire service leaps into action.

Even AFP acknowledges that the tax proposal by several top-tier Democrats has no chance of becoming law. But again, that's not the point. Their proposal's purpose is to remind people that spending money on wars supposedly takes money out of the mouths of children and other living things, even those in non-existent congressional districts, and to attempt to make the climate for increasing taxes in the near future more favorable.

Here are key paragraphs of the unbylined report (bolds are mine):