AP's Social Security Disability System Writeup Inadvertently Corrects
To borrow from a certain president's former preacher, the "chickens are coming home to roost" in Social Security's disability program. It's nearly bankrupt, and set to run out of cash by 2017.
In the Associated Press's writeup ("Social Security disability on verge of insolvency") of the situation occasioned by a congressional report repeating the obvious, Stephen Ohlemacher surprisingly and…
Rep. Frederica Wilson Cites 'Racism' First To Explain Black Unemployme
It's got to be the hat . . .
In an entertaining interview with Tamron Hall on MSNBC this afternoon, Dem congresswoman Frederica Wilson of Florida cited "racism" first among causes of high black unemployment. She also: called for a second stimulus; said now is not the time to criticize President Obama; took a sideways swipe at Maxine Waters; and asserted President Obama would be defeated for…
NBC: People 'Excited to Share Vacation' With Obama
On Saturday's NBC Today, White House correspondent Kristen Welker fawned over President Obama's 10-day excursion to Martha's Vineyard, declaring: "...his first public outing...A bookstore in Vineyard Haven where he, Malia, and Sasha bought eight books." A crowd outside the store could be heard chanting: "Four more years! Four more years!"
Welker noted how "no cameras were allowed when the…
FCC Says Fairness Doctrine Dead, Conservatives Warn of Back-door Regul
"The FCC gave the coup de grace to the fairness doctrine Monday as the commission axed more than 80 media industry rules," Politico's Brooks Boliek reported this afternoon:
AP's Babington Rolls Out Obama and Dems' Talking Points on Extending P
The opening sentence of Charles Babington's "objective report" about the possible extension of what was billed late last year as a "temporary payroll tax cut" reads like a Democratic National Committee press release: "News flash: Congressional Republicans want to raise your taxes."
It doesn't get any better until the final paragraph. Babington's babble is otherwise a long-winded, chidish…
NBC's Guthrie Urges Obama 'Go For Broke' With New Stimulus
In an interview with former press secretary and current Obama campaign advisor Robert Gibbs on Sunday's Meet the Press, substitute host Savannah Guthrie pushed the President from the left: "If the President thinks more should be done, if he thinks there should be more stimulus, why doesn't he just go for broke? Why doesn't he go out there and ask for it, make a case for it?"
Guthrie worried…
Networks Hardly Criticize Obama Green Jobs Flop
While campaigning President Obama promised to create 5 million “green” jobs, and shortly into his term he announced a “task force” to do just that. His stimulus package included tax credits for renewable energy companies, allotted funds for weatherization and more. Now with the economy once again on shaky ground the President may pivot back to jobs in September, specifically of the “green”…
Former AmEx CEO Bashes Buffett's Call For Higher Taxes on Rich
As NewsBusters reported, America's media last week gushed and fawned over billionaire Warren Buffett's call for higher taxes on the rich.
On Monday, Harvey Golub, the former CEO of American Express, responded to the Oracle of Omaha in a Wall Street Journal op-ed that reveals a side of this tax story media refuse to share with the American people:
NY Times Op-Ed: Kids Threatened By . . . Capitalism
Even more appalling than the mindless screed "The Kids Are Not All Right" itself is the fact that the New York Times chose to feature it on its Op-Ed page today. Author Joel Bakan's simplistic, socialistic message: today's children are under assault from capitalism, or as Bakan frames it, "for-profit corporations." In Bakan's view, the ills afflicting today's kids--from fascination with…
ABC: 'There is Little Heart' in Rick Perry's Texas
ABC Highlights Complaints That 'There is Little Heart' in Rick Perry's Texas
On Saturday's World News on ABC, correspondent Jim Avila filed a report in which he focused mostly on aspects of Texas's economy that receive praise, but he ended up warning that things may not really be as good as they seem, as the ABC correspondent highlighted claims that, "deep in the heart of Rick Perry's Texas…
In Midst of Obamamania Media Journalists Fret Obama Victim of the ‘W
President Barack Obama continues to benefit from a fawning media of which past Presidents could only dream, yet on Sunday’s This Week two journalists fretted he’s not getting enough credit for his accomplishments, a lack of recognition they blamed on his staff’s poor public relations efforts.
Since he’s taken office, FBN’s Liz Claman asserted, “almost every sector in the S&P is up double…
Tom Friedman: Michele Bachmann Is 'Flat Out Nuts' Thinking We Can Have
Congresswoman Michele Bachmann (R-Minn.) caused quite a stir last week when she said if elected president she would bring back $2/gallon gasoline prices.
On CNN's "Reliable Sources" Sunday, New York Times columnist Tom Friedman - without supplying any economic data to support his claim - called Bachmann's pledge "flat out nuts" (video follows with transcript and commentary):
Ben Stein Tells Rick Perry to 'Get Some Moderation in His Speech' and
Economist Ben Stein had some harsh words for Republican presidential candidate Rick Perry on "CBS Sunday Morning."
Responding to comments the Texas governor made earlier in the week concerning Federal Reserve Chairman Ben Bernanke, Stein said, "I hope he'll get some moderation in his speech, and some lessons in economics, and soon" (video follows with transcript and commentary):
Bankrupt Evergreen Solar's U.S. Govt. Benefits Mostly Unreported, Prob
On August 15, the Boston Herald, the Boston Globe, and the Associated Press all reported that Massachusetts-based Evergreen Solar had filed for Chapter 11 bankruptcy. Oddly enough (no, not really), The New York Times, which published a 1,600-word report in January (HT to an NB emailer) on the company's competitive difficulties, did not take note of Evergreen's filing.
Each of the three…
