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On Brexit, CBS's Economic 'Experts' Show Partisanship and Ignorance
CBS broadcasts discussing the Brexit Leave vote on Sunday and Monday went to economic "experts" whose "analysis" betrayed partisanship and both feigned and real ignorance. On Sunday on Face the Nation, max 2015 Hillary contributor (as usual, not disclosed to viewers) Mark Zandi of Moody's Analytics predicted that that the UK economy "is going down the rabbit hole" as the result of the Leave…
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CBS: 'Compliment' to Compare Facebook CEO to Fidel Castro
CBS This Morning took a strange turn during its interview with Chaos Monkeys author Antonio Martinez. Martinez, who publically compared Facebook CEO Mark Zuckerberg to "Fidel Castro", led co-host Gayle King to ask Martinez "is that a compliment?"
Journos' Brexit Freak Out: Britain ‘Beyond Repair,’ Blame Xenophobia
Business
The UK’s surprising decision to exit the European Union brought out typical sneering from journalists, as well as warnings that the decision would bring doom and gloom to the country. Business Insider Finance Editor Lianna Brinded warned Britain was “beyond repair,” and the worst was “yet to come.”
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CBS Touts Celeb Whining on Property Rights, Skips Their Liberalism
While reporting on Taylor Swift’s open letter to Congress regarding a drastic reform of the Digital Millennium Copyright Act, CBS This Morning focused the story primarily on how Swift, along with many other high-profile entertainers such as Paul McCartney and Trent Reznor, felt YouTube was exploiting the artists' music by not taking a more proactive role in targeting and removing videos and other…
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Hillary 'Wall Street $peeches' Clinton Promises Non-Rigged Economy
The establishment press must not think that anyone should care about the millions of dollars Bill Clinton and his wife Hillary have "earned" making speeches, particularly to powerful banks and Wall Street firms, since he left the presidency in 2001 and after her time as Secretary of State ended in 2013.
That's the only explanation as to why Mrs. Clinton could promise, as she did on Tuesday, that…
Press Celebrates 'Soda Tax' Advocates' Underhanded Passage Strategies
The establishment press is thrilled over the City of Philadelphia's enactment of a 1.5 cents-per-ounce "soda tax" last week. Monday morning, Mayor Jim Kenney signed the legislation which its City Council passed last week.
Especially unseemly is the virtual euphoria over how so-called "public health" advocates gained their long-sought foothold into using the tax system to dictate personal…
The Media as One Cheerlead Another Government Power Grab
The American media cabal is…ridiculous. They are the Borg of politics - many entities, but of but one Leftist mind. Led around by their noses by whatever hack government-growing politician is before them at that moment.
Just as they calmly repeated the "ventriloquized" Obama line on the Iran deal, so they're doing with the latest ruling on "Net neutrality."
NYT Unsure 'If' Huge Philly Soda Tax Will Be Passed on to Consumers
At the New York Times, Margot Sanger-Katz is the paper's "domestic correspondent" who "writes about health care" for its "The Upshot" blog. That blog in turn is supposed to cover "politics, economics and everyday life."
In heralding the passage of a 1.5-cent per ounce tax on soda in Philadelphia yesterday as some sort of historic "watershed" accomplishment, Sanger-Katz betrayed an incredible…
95 Percent of Time Networks Ignore Job Losses, Bankruptcies in Coal
Business
President Obama threatened to bankrupt the coal industry before he was elected. Presumptive Democratic nominee Hillary Clinton recently told coal miners she would put a lot of them “out of business.” Both statements were clear as crystal. The left wants to eliminate the coal industry. But the network news media have done their best to conceal the issue by ignoring the Obama administration’s role…
More High-Paying Jobs Leave California; State's Press Is Unconcerned
Another major employer has decided to join the long list of companies moving jobs from California to more business-friendly states. This time, it's $12 billion titan Jacobs Engineering, which is moving its "corporate operations," almost definitely meaning its headquarters, from Pasadena to Dallas, Texas. Press reaction, especially outside of business-oriented outlets, has ranged from nonexistent…
Disney CEO Slams ‘High’ Corporate Taxes, ‘Complex’ U.S. Tax Code
Business
Disney’s CEO apparently doesn’t sing “Hakuna Matata” when reviewing his company’s taxes. The Walt Disney Company CEO Bob Iger slammed the U.S. tax system as “ridiculously complex,” and said the country’s high corporate rate was “anti-competitive.”
Goldman Sachs: ObamaCare Has Increased Involuntary Part-Time Workforce
In news which appears to have first become known to the general public at the Financial Times on Wednesday, research done by Goldman Sachs indicates that the Affordable Care Act, aka Obamacare, has led to more involuntary part-time employment — something which the Act's proponents claimed is something that wouldn't happen, and still insist hasn't happened. How much more? According to the Times, "…
LA Times Touts Bogus 7-Year 'Expansion,' Despite 2 Negative Quarters
Taking a cue from the Associated Press's Martin Crutsinger in March of last year, two Los Angeles Times reporters told readers on Monday that the economy is about to complete a seventh year of expansion. No it's not, at least not if historical benchmarks for determining expansions are consistently and properly heeded.
Reporters Jim Puzzanghera and Don Lee couldn't even keep their own standards…
WashPost 'Fact-Checks' Trump's Obama Economy Charts: Facts Win, 9-0
Philip Bump and the Washington Post have apparently had a couple of pretty bad days. The Post had to endure having to cover, and cover for, an absolutely awful jobs report released Friday morning. That news made their beloved Dear Leader, who had just celebrated the allegedly wonderful economic accomplishments seen during his presidency on Wednesday, look quite foolish. Never fear: By Paragraph 4…