Economy

The Washington Post Sports section on Wednesday turned political with an article headlined "Wisconsin governor fumbles on Twitter: Walker sees collective bargaining in a new light after Packers' loss." Would the Post actually fail to recognize the difference between private-sector unions and public-sector unions, the subject of Walker's reforms? Yes. Strangely, the author wasn't a sports…

The Jurassic Press have long had a field day puffing up bailed out General Motors (GM) and their electric automotive windmill - the Chevrolet Volt. When it came to August Volt sales numbers, the Media were Justin Bieber-excited.

One really wonders if there is any adult supervision in the department where CNNMoney's business headline emails originate. There certainly isn't much knowledge of the general business environment or of the recent history of the housing market present, because if there were, the following email would almost certainly never have been published -- or if the message had somehow escaped by…

Even though it was near the top of the raw news wire at the Associated Press, aka the Administration's Press, when I saw it, I had to check the date on Tom Raum's item entitled "Why It Matters: Debt." Sure enough, it really does have a September 24. 1:36 p.m. time stamp. That is intensely ironic and somewhat delicious, because the final sentence of Raum's dispatch directly contradicts…

He clearly doesn't suffer from a shortage of chutzpah. According to the Politico's Josh Gerstein, President Barack Obama was asked the following question by The View's Barabara Walters in a Monday appearance to be broadcast on Tuesday: "What would be so terrible if Mitt Romney were elected? Would it be disastrous for the country?" His response: "We can survive a lot. But the American people…

"When your guy left town, Dubya - who nobody asked him to come back by the way at the Republican convention - unemployment was well past ten percent and skyrocketing." So falsely said MSNBC's Chris Matthews to conservative talk radio host Roger Hedgecock on HBO's Real Time Friday (video follows with commentary):

In the wake of Romney’s “47 percent” comments and less than positive polling from key swing states, every squishy Republican in the liberal media's stable of acceptable Republicans went into full panic mode.  But just yesterday, President Obama made a huge admission when he admitted that his biggest miscalculation was that he thought he could change Washington from the inside. Republican…

New York Times reporter turned editorial writer David Firestone showed extreme sensitivity to the tender feelings of Democrats in his Wednesday afternoon post, "The ‘Redistribution’ of Wealth." In an editorial Sunday he dubiously claimed "Don't Tell Anyone, But the Stimulus Worked." Guided by pollsters like Frank Luntz, the Republican party upgraded all rich people into “job creators,” and…

The more I watch MSNBC's Martin Bashir, the more I believe he has difficulty finding the floor in the morning when he wakes up. Consider Thursday's program when he actually told his tiny audience that the rich seeing bigger income gains than the rest of country the past 30 years is "redistribution" (video follows with transcript and commentary):

The same networks that have been hyping secret video of Mitt Romney talking about who pays taxes, hyperventilating about the Republican's "seismic" bombshell," have, thus far, completely ignored the revelation from the Congressional Budget Office that "significantly" more Americans will have to pay a "tax penalty" for being uninsured, many in the middle class. All three evening newscasts on…

Patricia Zengerle's coverage of U.S. Senate candidate Tim Kaine at Reuters assumes that the Democratic former Virginia Governor committed the mother of all gaffes today. I'm not so sure. It may be that David Corn's secret video of Mitt Romney commenting on the 47 percent of Americans who pay no income taxes and are dependent on the government is sending polling data in the opposite direction…

The New York Times wasn't impressed with the Romney campaign's counterattack on Obama after the media-inflated "47% controversy," judging by the headline over Thursday's brief story by reporter Richard Oppel: "Seeking to Turn Topic To Evils of Redistribution." The online version of the story (excerpted below) included four biased additional paragraphs at the end, but the headline at least left…

Both the headline and opening sentence at Christopher Rugaber's Associated Press report on today's unemployment claims release from the Department of Labor tell readers that initial unemployment claims fell by 3,000 during the most recent week. Though Rugaber acknowledged that last week's initial figure was revised up, he didn't say by how much (3,000, from 382K to 385K), and of course didn't…

Once again, a reporter from the Associated Press, aka the Administration's Press, has told a major fib about the situation in the new-home construction industry, thereby vastly exaggerating its degree of improvement -- claiming a 60% surge during the past nearly 3-1/2 years when it has been 15% at most. Today's figures from the Census Bureau on housing starts weren't terrible, but they surely…