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NYT’s Krugman: Rich Right-Wingers Are 'Horrible People,' Says 'Social Science'

By Clay Waters | January 2, 2016, 10:14 AM EST

The rich are "horrible people"-- at least those who lean to the right-- declares economist turned pompous New York Times columnist Paul Krugman in Friday’s “ Privilege, Pathology and Power.” The text box: “Can we survive rule by self-centered bi ...

On Economy, AP Wraps Up Year With Two Weak Stories and a Glaring Omission

By Tom Blumer | December 31, 2015, 3:50 PM EST

This week, the Associated Press wrapped up a year of largely pathetic business reporting with three items exemplifying the wire service's habits of data-twisting, sloppiness, and convenient omissions. A deceptive AP post-Christmas story pretended tha ...

Unreported: Industrial Revolution and Capitalism Explain Sharp Decline in World Poverty

By Tom Blumer | December 31, 2015, 12:47 PM EST

In September, President Barack Obama " committed the U.S. to a new blueprint to eliminate poverty and hunger around the world" in a speech at a United Nations "global summit." A review of his speech's transcript indicates that whi ...

New York Times Now Supports National $15/Hr. Minimum Wage; in 1987, It Wanted '$0.00'

By Tom Blumer | December 31, 2015, 10:01 AM EST

Establishment press pundits often wring their hands over how supposedly far to the right the Republican Party and conservatives in general have moved since the presidency of Ronald Reagan, that flaming moderate, to the point of claiming that Reagan would ...

CBS Touts Hillary Receiving Question from Young Boy at Rally on Equal Pay; ‘Pay Perspective’

By Curtis Houck | December 30, 2015, 12:11 PM EST

With the year winding down and the news cycle slowing (aside from the weather), Wednesday’s CBS This Morning found it proper to reserve 59 seconds for fawning over Hillary Clinton receiving a question on Tuesday from a young boy about equal pay. Spinning ...

New York Times Perpetuates the Social Security 'Trust Fund' Myth

By Tom Blumer | December 29, 2015, 7:00 AM EST

After serving as the virtual mouthpiece for the "there is no crisis!" crowd for at least a decade since George W. Bush's attempt to partially privatize Social Security in 2005, someone at the New York Times has finally recognized that there ...

Michael Moore: The Republican Party Is ‘Dead,’ and Self-Righteous America Needs a ‘Timeout’

By Tom Johnson | December 29, 2015, 6:52 AM EST

In his new documentary, Where to Invade Next, Michael Moore jaunts around Europe showcasing what he deems enlightened social and economic policies, including Italy’s lengthy paid vacations, Norway’s treatment of prison inmates, and France’s school-lunch p ...

AP Claims Christmas Season 'Spending' Is Up 8 Pct. — Based on Number of Transactions

By Tom Blumer | December 29, 2015, 12:26 PM EST

As I noted in a pre-Christmas post, "The desperation is palpable at the Associated Press, aka the Administration's Press, over how the Christmas shopping season is going." Desperation has clearly descended into outright deception at the wir ...

Another Gaffe Ignored: Sanders Doesn't Understand Why Mortgage Interest Rates Are Lower Than Student Loan Rates

By Tom Blumer | December 28, 2015, 5:36 PM EST

While the establishment press lies in wait for Republican and conservative candidates to make some kind of off-color or foolish statement — or one that can be twisted to become one, even if it originally wasn't — it consistently ignores howlers made ...

HuffPo Writer: We Should Unplug Our Energy-Burning Christmas Decorations

By Tom Blumer | December 26, 2015, 11:30 PM EST

In the annual competition between leftist media outlets for the screwiest (or most Scrooge-like) criticism of Christmas traditions, a Huffingon Post  item published Thursday morning by Michael McLaughlin (HT Breitbart) was a formidable entry. After the Hu ...

Part of a Real AP Headline: 'Emissions Need To Drop Below Zero'

By Tom Blumer | December 26, 2015, 11:34 AM EST

The detachment from reality of those who actually believe that the recent international climate agreement in Paris is anything but a dangerous and potentially expensive charade has become especially irritating. The goals identified in Paris are obviously ...

Confirmed, After 3 Sets of Searches: Relative Media Mentions of 'Christmas Shopping Season' at a 10-Year Low

By Tom Blumer | December 24, 2015, 10:57 AM EST

Merchants haven't been the only ones discouraging those who work for them from using the word "Christmas" during the Christmas shopping season. The press has been at it for years, and those efforts have brought regrettable results. This is ...

WRONG: As Christmas Shopping Disappoints, AP Claims 'Cheap Is the New Chic'

By Tom Blumer | December 24, 2015, 11:37 PM EST

The desperation is palpable at the Associated Press, aka the Administration's Press, over how the Christmas shopping season is going. Having appearently learned something contrary to the "consumers will catch up with their spending" we' ...

CNBC’s Sorkin: Middle Class Is a ‘Historical Aberration’

By Sam Dorman | December 23, 2015, 9:36 PM EST

Politicians often complain about America’s struggling middle class, but according to Squawk Box host Andrew Ross Sorkin, they should quit crying over spilt milk. Sorkin argued on Dec. 23 that the mid-20th century idea of middle class was a historical anom ...

AP Continues to Push Artifically Low 'New Normal' Benchmark For New-Home Sales

By Tom Blumer | December 24, 2015, 1:09 AM EST

The Census Bureau reported today that new-home sales in November came in at a seasonally adjusted annual rate of 490,000. That was a 4.3 percent increase over October, but it only occurred because October was revised steeply downward by 25,000 to 470,000; ...