Economy

Whether the ice caps are melting and by how much may be debatable, but the debate is over as to whether former Wall Street Journal weatherman Eric Holthaus, who now works at Quartz (qz.com), has had a meltdown.In a series of tweets on Friday afternoon (scroll down at link; HT Twitchy), Holthaus told the world of his reaction to the latest wave of hot air emanating from the Intergovernmental…

It's a classic example of the MSM's use of sympathetic individual anecdotes to manipulate public opinion in favor of more and bigger government. Today's Good Morning America segment on the looming government shutdown, narrated by former New York Times reporter Jeff Zeleny, offered the stories of just two people, both African-Americans, both of whom might be hurt by a government shutdown. And…

Joshua Freed's Friday afternoon report on the week's results in the stock market at the Associated Press spent nine paragraphs telling readers how the current budget battle in Washington and possible government shutdown are causing stocks to retreat. Though he obviously didn't admit it, Freed's narrative fell apart in later paragraphs as he discussed "mixed economic signals" which aren't mixed…

Members of the liberal media continue to pile disrespect on the debt limit as the drumbeat for Congress to raise it grows louder. On Thursday’s Andrea Mitchell Reports, MSNBC’s Andrea Mitchell called the debt limit “a really dumb idea” and said there was no reason for it. That's right, she wants to get rid of it altogether. Mitchell was talking to Rachel Maddow about the coming debt ceiling…

The Little Sisters of the Poor sued over ObamaCare's birth control mandate on Tuesday, claiming the law forces them to violate their consciences. However, CNN ignored these nuns after boosting the liberal "Nuns on the Bus" tour last year that slammed the Ryan budget. "We cannot violate our vows by participating in the government's program to provide access to abortion inducing drugs," said…

Jay Leno took another comedic shot at the White House Thursday. Early in his Tonight Show monologue on NBC, the host said, “President Obama now making his case for raising the debt limit. He said raising the debt limit does not increase debt – you know, like raising the speed limit does not increase speed” (video follows with commentary):

I guess the Associated Press's business and economics reporters feel they've done their jobs if they mention the relative donominance of new workforce entries by temps and part-timers once, while still denigrating the obvious validity of the latter — and pretend it never has to be mentioned again. That's how the AP's Christopher Rugaber can produce a writeup, as he did today, telling readers…

Pundits and politicians are normally so slick that they can weasel their way out of even the most glaring of contradictions. "Depends on what the meaning of is, is," anyone?  So it's particularly delicious, to use Noel Sheppard's trademark phrase, to see a talking head left absolutely cornered, babbling without response, when caught in the hypocrisy of a double-standard. On today's Morning Joe…

The Census Bureau reported today that sales of new single-family homes in the U.S. reached an annualized level of 421,000 in August. That was up by almost 8 percent from July, but a whopping 15 percent below the 497,000 the bureau originally reported for June (two subsequent revisions have taken that number down to 454,000). Given the shock decline to below 400,000 in July, August's bounceback…

On Tuesday night and Wednesday morning, CNN lambasted Sen. Ted Cruz who led a 21-hour Senate floor speech against Obamacare. During the speech by Cruz and other Republican senators, CNN hosts Piers Morgan and Chris Cuomo mocked Cruz as "deluded" and a "kid playing with matches." Chief congressional correspondent Dana Bash called it "by many people's account here a fool's errand." [Video…

So much for the recovery. Even liberals admit employment is “weak,” that household wealth hasn’t recovered and consumer experts say middle-class retailers are “struggling.” But two of the three broadcast news networks have been much more focused on “proof that the economy is getting stronger,” than on economic worries since the May jobs report was released June 6.

Former Clinton Labor Secretary Robert Reich typically spouted Democrat talking points Sunday concerning the battle over raising the debt ceiling and defunding ObamaCare. Fortunately for viewers of ABC's This Week, CNN's Newt Gingrich was there to smack down Reich saying, "This is historical baloney" (video follows with transcript and commentary):

Throughout Friday morning's coverage of the House vote on the continuing resolution (CR), CNN repeatedly slapped Republicans for supposedly risking a government shutdown to defund Obamacare. A CNN chyron even stated that they were voting on a "shutdown," though that is inaccurate since the bill voted on would still fund the government, just not Obamacare. Below is the worst of CNN's contempt…