AP Headline Mischaracterizes Modest Rise in May New Home Sales; Crutsi
At the Associated Press today, trying to build an impression of momentum where there isn't very much, Martin Crutsinger, concerning today's Census Bureau release of May new-home sales data, wrote that, "Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth."
We'…
AEI's Pethokoukis Slices, Dices, and Destroys WaPo's Romney-Outsourcin
If this were a prize fight, it would have ended at the end of the sixth round in a knockout. In a post at the American Enterprise Institute's blog this afternoon, James Pethokoukis, who previously toiled at U.S. News and Reuters, made mincemeat out of Washington Post reporter Tom Hamburger's Thursday Mitt Romney-Bain Capital hit piece ("Romney’s Bain Capital invested in companies that moved…
Government-Media Newspeak Synonym for 'Stimulus': 'Growth
Here's an indication of just how discredited the word "stimulus" is becoming: European leaders today agreed on a $163 "growth package" of some kind. The leaders were apparently very reluctant to describe it.
At a Los Angeles Times blog this morning, Sarah Delaney's coverage mostly bought into what appears to be a charade, but the headline writer at the paper's home page didn't get the memo.
Politico: That 'Only' Half of Americans Can Recite Obama's 'Private Se
A June 16-18 YouGov.com poll (at Page 25) reported that 47% of Americans in a sample of 1,000 U.S. citizens 18 and over had heard or heard about President Barack Obama's June 8 claim that "the private sector is doing fine."
The reaction of John Sides, an associate professor in the Department of Political Science at George Washington University, as picked up by Byron Tau at the Politico, is…
Lamar Smith Column: Liberal Media Dutifully Spin Obama's Private Secto
Last month’s jobs numbers were anything but encouraging. The number of jobs that economists expected to be created was significantly lower than the actual number of jobs created. Unemployment rose to 8.2% and underemployment rose to nearly 15%. The Wall Street Journal reported that “U.S. job growth slowed sharply in May, the latest indication that the economy has lost momentum.”
Yet,…
NYT Columnist Paul Krugman, Charming and Modest: 'I Have Been Right Ab
The Rachel Maddow show on MSNBC Monday night featured New York Times columnist Paul Krugman. During the supportive chat, Keynesian Krugman again asserted that more federal spending would have headed off what he calls our current Depression:
Howler of the Day: AP Writes That First Quarter Economy Had 'Fast Star
The Associated Press's Christopher Rugaber was in mischaracterization mode again today in his coverage of the Business Roundtable's quarterly economic outlook release.
After duly noting that the percentage of big company CEOs planning to add workers and purchase additional capital equipment over the next six months had declined (from 42% to 36% and from 48% to 43%, respectively), Rugaber…
'You Go, Girls' -- CNN's Carol Costello Cheers On Liberal 'Nuns on the
On CNN Newsroom this morning, anchor Carol Costello reported on "Nuns on the Bus:"
"Normally, you see nuns working in their closely knit communities and religious orders. But a group of nuns in the United States, they are hitting the road," she reported. "They are taking a bus on nine-state tour. They are protesting the Ryan budget cuts they say will hurt the poor the most. The nuns are in…
Charlie Daniels Column: Printing More Dollars Could End in Disaster
Let me preface this by saying that I really appreciate everybody's response on the soapbox every week, whether they be pro or con. I certainly don't expect everybody to agree with my opinion.
I rarely respond to the comments made unless I have, what I feel, is a very important and specific reason for doing so.
Channeling Occupy Wall Street in the New York Times Business Section
Financial reporter Nathaniel Popper made the front of the New York Times Sunday Business section using the language of Occupy Wall Street, in a populist crusade against high chief executive pay disguised as a news story: "C.E.O. Pay, Rising Despite the Din."
Popper talked in familiar terms of "revolution," "the 99 percent," and the "nation’s have-a-lots" versus "the have-lesses," and the term…
NYT's Frank Bruni After Obama's G20 Press Conference: 'He Doesn't Seem
The Hope and Change that media shamelessly sold to the nation in 2008 is starting to reach a point of solemn desperation.
Perfectly exemplifying this Tuesday was New York Times columnist Frank Bruni who minutes after President Obama finished his press conference at the G20 Summit in Los Cabos, Mexico, told CNN's Piers Morgan, "He doesn’t seem in command” (video follows with transcript and…
AP's Job Openings Coverage Understates Significance of Steep Drop
It wouldn't quite be fair to say that the Associated Press's Christopher Rugaber sugarcoated his dispatch on today's release of the April Job Openings and Labor Turnover Survey (JOLTS) by Uncle Sam's Bureau of Labor Statistics. But it would be more than fair to say he missed several chances to tell readers how significant the setbacks BLS relayed really were (openings fell 8.7% from a…
MSNBC Panel Paints White Voters as Rejecting Democrats as 'Black Party
On Sunday's Melissa Harris-Perry show on MSNBC, as host Harris-Perry led a discussion of what the presidential candidates will need to do to appeal to white voters, panel member and CNBC contributor Keith Boykin asserted that Republicans have "carefully caricatured" the Democratic Party as the "party of black people," and suggested that Americans have been duped into believing that most federal…
Three Leading W. Va. Dems Not Attending Party Convention; Will the New
At the rate things are going, it may be that the list of leading West Virginia Democrats attending the party's convention in Charlotte is going to be shorter than the list of those who aren't.
The Associated Press reported the following in an unbylined item this evening in a terse three-paragraph squib with some pretty amusing attempts at impact-minimizing verbiage (bolds and numbered tags…