The Media Messes Up the Lede
As we’ve often discussed, the Tech World Media is just as hopelessly Leftist and lost as the broader Jurassic Press. They so often get it so very wrong - often because their absurd political perspective warps their alleged “reporting.”
Saturday gave us two additional exquisite examples - one each in Politico (henceforth Pathetico) and The Hill.
OUR Walmart Demands Chain Pay $15/Hr.; UFCW-Unionized Kroger Pays Less
In a Tuesday column originally appearing at RealClearMarkets.com (found in more readable form at Economics21.org), the Manhattan Institute's Diana Furchtgott-Roth tore into the hypocrites at OUR Walmart, the union-backed effort to intimidate the nation's largest retailer into paying all employees at least $15 per hour.
In the process, Furchtgott-Roth noted a particularly important fact which I…
LAT Guest Blogger: Use Thanksgiving to Debate ‘Crazy Right-Wing Uncle'
Sometimes, one has to remember that op-ed writers don't always get to pick their headlines, though I would hope that they're allowed to register their objections. So it's not clear that Los Angeles Times guest blogger Joel Silberman is responsible for the headline at his Monday blog post about how, or even whether, to deal with relatives who disagree with you politically on Thanksgiving.
But…
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Networks Dodge Senate Dem Saying the Timing of ObamaCare Was a Mistake
In speech at the National Press Club on Tuesday, New York’s senior Democratic Senator Chuck Schumer expressed regret over how Democrats handled their large majorities following the 2008 election in passing ObamaCare when they should have focused first on economic issues to address the recession.
Since then, the remarks have received no coverage from any of the “big three” in ABC, CBS, and NBC on…
AP: Venezuela's Chronic Shortages 'Bury Mindless Consumerism'
It's amazing how any reporter can cover the deepening economic crisis in Venezuela without saying a word about how the country got there.
But Associated Press reporter Hannah Dreier was up to the task. In a bizarre, sickening November 20 report on how its people are having to get "creative" in the face of chronic shortages of basic goods to get by, she acted as if those shortages — and the over…
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Mika: Providers 'Shouldn't Be Charging' for Aviation Wifi
When the revolution comes, everything will be free! Mika Brzezinski gave us some good insight today into the liberal mind when it comes to economics.
The Morning Joe host was reacting today to news that for Thanksgiving, Verizon will be giving travelers free wifi in flight and at several airports around the country. Mocked Mika: "thank you so much for something you shouldn't be charging us…
Schumer: Election Results Show That Dems Need to Go Further Left
An Associated Press story late this afternoon has New York Senator Chuck Schumer saying the darnedest things, with only a tiny bit of pushback from reporter Charles Babington.
In the wake of a midterm election rout which saw Republicans win at least eight Senate seats, increase their House majority, and take gubernatorial races in at least three deep blue states (MD, MA, and IL), Schumer now…
AP Is Stunned at Japan's Recession Despite 'Unprecedented Stimulus'
After reading Elaine Kurtenbach's coverage of how Japan's latest dive into yet another recession is affecting young people there, I can only say, "The Keynesian koolaid is strong in this one." The AP reporter's headline says that the recession was "unexpected," and her first sentence calls it "a surprise." Anyone watching economic events in the country, and I think that's supposed to include…
Top Engineers Throw Up Their Hands on Renewables, Ignore Nuclear Power
As of 5:30 p.m. ET today, a search on "Koningstein" at the Associated Press's national web site returned no results.
That's an indication that the wire service's globaloney-believing pseudo-science reporters are still trying to figure out how to respond to a November 18 article in the IEEE Spectrum by Ross Koningstein & David Fork, a pair of Google engineers tasked by the company in 2007 to…
No, AP: Monthly Deficit Is Not the Same As What Government Borrowed
Old habits die hard at the Associated Press, aka the Administration's Press — especially when those old habits help Dear Leader's regime look better, or less awful, than it deserves.
It's been eight days, but it's still worth a look. On November 13, the government released its Monthly Treasury Statement for October, showing that Uncle Sam ran a $122 billion deficit. In his coverage of that…
Press Buys Fed's Claim That Extended Jobless Benefits Had Small Impact
Boy, it's a good thing that the unemployment benefits Congress continued to extend during most of the first five-plus years of Barack Obama's presidency didn't hurt the economy much.
A study commissioned by the Cleveland branch of the Federal Reserve concluded that extended benefits "only account for a fraction of the actual increase in the unemployment rate." The allegedly minimal impact of…
Not Reported: The South Is Carrying the Nation's Homebuilding Industry
Today at the Assocated Press, aka the Administration's Press, Martin Crustsinger covered the Census Bureau's report on new home construction in the usual way. Regardless of whether a given month shows improving or declining data, the wire service's overall message is almost invariably, "Things are really getting better. No, really."
The sentence promoting that point of view in Crutsinger's…
Keynesian Fail: Japan 'Unexpectedly' Falls Into Another Recession
There were several more of those infamous "U-word" ("unexpectedly") sightings yesterday in the business press, as Japan — to the surprise of no one who has successfully avoided the Keynesian koolaid — reported that its economy shrank for the second quarter in a row, officially falling into yet another recession. The U-word hit the trifecta, appearing in reports at the Associated Press,…
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Obvious Gruber Reference Completely Goes Over Chris Matthews's Head
Earlier today in a press conference, Speaker of the House John Boehner made a quip about President Obama's veto threat of a bill to authorize the Keystone XL oil pipeline which indirectly referenced Jonathan Gruber's infamous "stupidity of the American voter" line regarding the selling of ObamaCare.
Hardball host Chris Matthews played the clip on his November 18 program, but seemed completely…
