Farrell at MarketWatch: 'Billionaires Control the Vast Majority of the
At MarketWatch this morning, Paul Farrell's hostility towards Ronald Reagan, Margaret Thatcher, Milton Friedman and especially free-market capitalism boiled over. Farrell claims that capitalism "is destined to destroy the world, absent a historic paradigm shift."
The problem he describes really has nothing to do with properly practiced free-market capitalism, but is instead a combination of…
People Making Over $100K Received Unemployment Benefits in 2011, Media
With all the media panic about sequestration, one would think a study finding billions of dollars of fraud in a government program would be national news.
Apparently not, for with few exceptions, a report published by the St. Louis Federal Reserve last week finding $3.3 billion in fraudulent unemployment claims in 2011 got almost no attention:
First-Quarter GDP, Part 3 of 3: AP's Crutsinger Argues With History
On Friday, the government reported that the economy grew by an annualized 2.5 percent during the first quarter. Earlier today, in Part 1 of this series, (at NewsBusters; at BizzyBlog) I showed that while most news organizations, including CNN, Bloomberg and Reuters, characterized that news as a disappointment, especially comparred to expectations of 3.0 percent or more following an awful fourth…
Norah O'Donnell's Liberal Math: A One Percent Raise Is A Pay Cut
NewsBusters readers know that one of the problems in this country is that liberal media members use a form of math much different than any of us learned in school.
Take CBS's Norah O'Donnell for example who on Sunday's Face the Nation actually said that a one percent raise is a pay cut (video follows with transcript and commentary):
First-Quarter GDP, Part 2 of 3: AP Argues With Itself
On Friday, the government reported that the economy grew by an annualized 2.5 percent during the first quarter. As I noted in Part 1 (at NewsBusters; at BizzyBlog), three establishment press outlets (CNN, Bloomberg, and Reuters) pronounced the result "disappointing" -- but not Martin Crutsinger and Christopher Rugaber at the Associated Press, whose headline read "AFTER NEAR-STALL IN LATE 2012,…
First-Quarter GDP, Part 1 of 3: AP Argues With Others
On Friday, the government reported that the economy grew by an annualized 2.5 percent during the first quarter. The awful 0.4 percent result seen in the fourth quarter was largely sloughed off as caused by a number of one-time factors. Analysts convinced themselves that reported first-quarter growth would come in at 3.0 percent or slightly higher in Friday's release. Instead, we saw what Zero…
The Revolving Door Spins Again: Obama Adviser Plouffe Joins Bloomberg
The left's media-echo chamber just got louder. On Thursday morning in a claimed exclusive, the Politico reported that "(Former presidential adviser and campaign official David) Plouffe will appear regularly on Bloomberg Television to offer analysis and commentary on political and business issues as they impact the intersection of Wall Street, Main Street and K Street and will lend his expertise…
Boorish Bashir Strikes Again: Americans Prefer 'Gonorrhea' To Congress
What is it with Martin Bashir and his tendency to talk dirty to women guests?
A couple of months ago, we noted the MSNBC host claiming to guest Karen Finney that Senator Marco Rubio, in his questioning of a hearing witness, was seeking to show that he had "very strong testicles." This evening, taking things a vulgar step further, Bashir told another Dem woman that Americans so detest…
Bill Press Threatens: I Want 'Unfreaking-bearable' Flight Delays, Amer
Add liberal host Bill Press to the list of liberals who want the sequester to hurt Americans in order to prove a political point. On Tuesday morning’s Full Court Press, his radio talk show simulcast on Current TV, Press predicted that the FAA furloughs that went into effect Sunday will be just the tip of the big, bad sequester iceberg:
“[Y]ou know what, it’s gonna get worse and worse and…
Salon’s Joan Walsh: Bush’s Poll Numbers Are Up Because…Obama’s
There are times when I’d really like to see a liberal brain next to a conservative brain to see if there really is a physiological difference.
Consider Salon’s Joan Walsh who on MSNBC’s The Cycle Wednesday actually said the reason former President George Bush’s poll numbers are up is because President Obama is doing such a good job (video follows with transcript and commentary):
Media Ignore Democrats Highlighting Problems with ObamaCare
As the Big Three –NBC, ABC, and CBS – continue to engage in, to borrow a George Will term, journalistic malpractice over ObamaCare’s adverse effects on the economy, they probably missed the development concerning Democrats who are calling for repeal of a tax which was embedded within the behemoth health care overhaul.
Sen. Amy Klobuchar (D-Minn.) is ramping up her efforts to repeal the tax on…
Media Ignore Labor Union Calling for Repeal of ObamaCare
It's no surprise that the liberal media are ignoring poll after poll showing widespread discontent, even among Democrats, with ObamaCare. But what's utterly inexcusable is the man-bites-dog story coming out of a labor union this week, which is now calling for ObamaCare's repeal.
Janet Adamy of the Wall Street Journal noted on April 16 that the United Union of Roofers, Waterproofers, and…
Meanwhile, Back in the Economy, the AP's Rugaber Spins Mediocre Jobles
On April 4, the Associated Press' Christopher Rugaber wrote: "Gone are the fears that the economy could fall into another recession."
Having in effect announced the repeal of the business cycle for the foreseeable future, despite the fact that the economy's post-recession job recovery performance has been the worst since World War II by miles, it seems that Rugaber is now doing his best to…
U.S. Carbon Emissions Have Dropped Thanks To Free Market Economics, Na
For about two decades now the liberal media have been blaring the warning sirens about global warming and calling for greater government regulation and taxation to stop it. On April 18, Russell Gold of the Wall Street Journal gave readers an excellent front-page article exploring how U.S. carbon emissions have decreased in the past few years, not thanks to government action but the power of…
