Economy

One might think that yours truly, who has been nagging the establishment press for years over its blind acceptance of seasonally adjusted data in government economic and employment reports, would be pleased to see that the Associated Press's Christopher Rugaber finally got around to making such adjustments the primary focus of his final report on the most recently released unemployment claims…

As Meghan McCain appeared as a guest on Tuesday's Chelsea Lately show on E!, host Chelsea Handler defended President Obama's economic record and ended up praising McCain for admitting that she sometimes smokes marijuana. Early on in the interview, Handler declared, "I like you, too. I mean, I like, I don't hate all Republicans, I just, most of them. But I like you because you're, like, you'…

My, it was awfully nice of Marcy Gordon at the Associated Press, aka the Administration's Press, to give Treasury Secretary Tim Geithner such excellent protection in her report on the New York Federal Reserve Bank's release of documents relating to its knowledge of the manipulation of the "Libor" (London interbank offered rate) used as the basis for the pricing of trillions of dollars of loans…

In order to get the correct answer to anything, one must ask the right question. That is what former ABC News and current Fox News TV host John Stossel does on his weekly program. If ever there was "must see-TV," this is it. Stossel's show on Saturday, June 30 was a classic. It was called "Government, Incorporated" and focused on what private industry can do less expensively and more…

The Sunday newspaper supplement Parade magazine is showing its liberal bias again...but this time, it's helping the Bush family whacks anti-tax conservatives again. Just as Jeb Bush slammed the Grover Norquist tax pledge last month, George H.W. Bush and Barbara Bush unload for this Sunday's papers. George asks:  "Who the hell is Grover Norquist, anyway?" Barbara thinks he should "go back to…

In an interview aired on Friday's NBC Today, former President Bill Clinton began by attacking Republicans: "I'm not sure both sides want the economy to get better....I know what Senator McConnell said, that his number one priority was winning the election." Co-host Savannah Guthrie helpfully added: "It sounds like you're saying the Republicans are basically rooting for the economy to fail." […

Uncle Sam's June Treasury Statement released today told us that with three months remaining in the 2012 fiscal year the government has already run up a deficit of over $900 billion. According to the Associated Press's Martin Crutsinger, Americans should see that as a "positive sign," because "deficit is growing more slowly than last year." During the final three months of fiscal 2011, the…

The title of a post at Business Insider crows, “Here's The Ballsy Businessweek Cover That's Going To Piss Off The Mormon Church.” In truth, it should anger anyone who finds it low and, frankly, un-American, to attack a candidate – directly or indirectly – through his religion. But with Mitt Romney running neck and neck with Barack Obama, Bloomberg Businessweek saw the opportunity to further…

As I noted yesterday, Senate Majority Leader Harry Reid (D-Nev.) yesterday refused to call a vote on extending the Bush tax cuts, even though President Barack Obama days earlier urged passage of such tax cuts as soon as possible. Predictably, however, the July 11 editions of the network evening newscasts  -- ABC's World News, the CBS Evening News, and NBC's Nightly News -- all ignored the…

In an interview with Romney campaign advisor Ed Gillespie on Thursday's NBC Today, co-host Savannah Guthrie fretted over Republicans dismantling false Obama campaign attacks that Romney outsourced jobs as head of Bain Capital: "I want to get to a new ad that your campaign is putting out today....are you calling the President a liar?" Gillespie didn't shy away from the charge: "What we're…

Appearing as a guest in a pre-recorded interview aired on Wednesday's The O'Reilly Factor on FNC, actor Jimmie Walker explained why he believes President Barack Obama "is not the guy" for the job of President and declared that, "You just can't blindly vote for somebody just because they are [your race]. Sometimes, even a brother, you have to let him go when he's not doing the gig."

"Senate Majority Leader Harry Reid (D-Nev.) on Wednesday rejected a Republican request to vote on President Obama’s income tax plan amid defections within his caucus on tax policy," Alexander Bolton of The Hill newspaper reported just before 10:30 a.m. today. "Reid appeared exasperated by the Republican request to vote on extending the Bush-era tax rates when Democrats would prefer to focus…

Editor’s Note – It is advisable to remove any sharp or heavy and blunt objects from your immediate vicinity before reading this. If seated at a computer, place something soft on the desk in front of you. CMI is not responsible for injury incurred as reaction to this article" "I suppose that I'm grateful that I can make all my car payments and start saving for retirement while most of my…

Not only is the Associated Press aptly currently described as the Administration's Press -- as least as long as the White House's current occupant remains there -- it also seems to be serving as the Administration's Protection. In a story about the "Lie-bor" scandal, wherein British banks have admitted to colluding to set the London Interbank Offered Rate (LIBOR) -- arguably the world’s most…