AP Story on California High-Speed Rail Legislation's Passage Dodges St
It seems that Matt Drudge is a better headline writer than whoever at the Associated Press performed the same task at its story about California lawmakers' passage of "building the nation's first dedicated high-speed rail line, a multibillion dollar project that will eventually link Los Angeles and San Francisco" -- if sanity doesn't prevail in the meantime.
Since late yesterday, Drudge's…
ABC Anchor: 'The Best News' - Gas Prices 'Might Drop Another 50 Cents
If you were a television news anchor reporting on falling gas prices, why would you say "the best news" was that a gallon of gasoline "might drop another 50 cents by Halloween, just in time for the election?"
Believe it or not, ABC's Paula Faris, appearing on Monday's Good Morning America, actually said exactly that (video follows with transcript and commentary):
Mark Shields: Republicans Haven't Raised Taxes in 21 Years 'And That I
Liberal media's love for higher taxes is a thing of legends.
On Inside Washington Friday, PBS's perpetually pandering pundit Mark Shields told viewers that since 1991, "21 years, Republicans have not voted for a single broad-based tax increase, and that’s become the theology of the party, the ideology of the party, the definition of the party, and that is irresponsible" (video follows with…
Former OMB Director Tells CNBC ‘There’s No Recovery
The June jobs report was “very disappointing” for the Obama administration and to people looking for work, according to CNBC’s John Harwood. The 80,000 job gains was 20,000 short of expectations, and the unemployment rate was unchanged.
Moody’s economist Mark Zandi, who has often found a bright side to negative reports, reacted that way again saying there were “silver linings” in the report…
Open Thread: Another Dismal Jobs Number
Today's starter topic: The unemployment rate is continuing to hold steady as the economy seems to be stagnating. Just 80,000 jobs nationwide were created in June.
While headlines like this will make it onto conservative blogs, they aren't likely to create a big splash in big media outlets dominated by liberals. As NewsBusters has noted, the media were overwhelmingly negative about an…
AP Report Claims 'Paychecks Are Barely Keeping Pace With Inflation'; T
The establishment press often pays a price in lost credibility when it ignores important economic reports. The original omission is bad enough, of course. But when subsequent business coverage makes assertions which the ignored reports directly refute, it leaves you wondering why you should even try to believe anything they compose.
Such is the case with Martin Crutsinger's report today on…
CNN Cheers Liberal Nuns Protesting the Ryan Budget, Hosts No One From
Ever sweet on liberal Catholic nuns, CNN played up a group of nuns lambasting the Ryan budget and hosted one of the leaders, Sr. Simone Campbell, three times in three weeks for an interview. In contrast, Rep. Paul Ryan (R-Wisc.) appeared not once on the network to defend his budget during that time span.
"You go, girls," CNN's Carol Costello cheered the "Nuns on the Bus" tour. The tour…
As Manufacturing Contracts, CNN Email Pretends That Mixed Monday Marke
At the Associated Press, Christina Rexrode placed the blame for Monday's mediocre performance in the stock market squarely and obviously where it belonged: "Stocks struggled to stay out of the red in quiet holiday-week trading after a trade group said American manufacturing shrank in June for the first time in almost three years." The trade group involved is the Institute for Supply Management…
AP's Rugaber Misstates Upper-Income Confidence Cratering in Univ. of M
I'll bet it would shake people up to know that all of the recent and steep decline in consumer confidence has occurred in households earning $75,000 or more per year. On Friday, the June Thomson Reuters and the University of Michigan Survey of Consumers told us just that.
The key sentence in the U of M press release reads as follows (PDF; bold is mine): "Perhaps of greater importance was that…
MSNBC: 'Gas Prices Down 47 Percent Since April and May
Have your gas prices dropped in half in the past couple of months?
Well, the geniuses over at MSNBC believe they have, for in the middle of a segment about fuel costs on the Martin Bashir show Wednesday, a chyron boldly stated, "Gas Prices Down 47% Since April and May" (video follows with transcribed highlights and commentary):
Time Magazine: Romney Is 'Too Focused' on the Economy
It might sound ridiculous, but Time magazine writer Michael Crowley actually grumbled in an article on Monday that the GOP presidential candidate is “One-Note Mitt” Romney, whose campaign defines this year's election as merely “a referendum on Obama's handling of the economy.”
The author then noted that with “almost comical discipline,” Romney “steers virtually every topic” back to the…
Pensacola Cartoonist Depicts Ala. Newspaper Job Cuts As Leading to Ret
Recent job cuts at Alabama newspapers have been steep. The Birmingham Business Journal, which (ahem) apparently is not among the participants, reports that "Three of Alabama’s largest daily newspapers, including the Birmingham News, will lay off about 400 employees as they cut back their printing schedules and increase their focus on digital." The other affected publications include the…
College Republican Totally Schools MSNBC's Touré on Why Young People
Alex Schriver, the Chairman of the College Republican National Committee, totally schooled MSNBC's new co-host Touré Neblett Tuesday on why young people in America aren't just Democrats.
Schriver did such a marvelous job that you have to wonder if MSNBC's new program The Cycle will consider inviting him back on (video follows with transcript and commentary):
Comedian Jimmie 'JJ' Walker on Economy: 'People Are Looking for Work D
The Obama-loving media might not want to address how bad the unemployment situation is in America under this President, but comedian Jimmie "JJ" Walker on CBS's Late Show Monday had a humorous observation about the current job market.
"People are going out looking for work dressed as Mexicans" (video follows with transcribed highlights and commentary):
