Networks Yawn as Government Approves Gigantic Compensation Packages fo
The network morning shows on Friday ignored a front page report in the New York times that government regulators have casually approved very generous compensation packages for executives at the troubled Fannie Mae and Freddie Mac.
Times reporter Gretchen Morgenson explained, “The companies, whose fates are to be decided by Congress this year, paid a combined $17 million to their chief…
L.A. Times's Oliphant Forecasts Possible Political Peril for GOP in Ma
The media are hard at work spinning today's jobs report for maximum political advantage for the White House.
Witness Los Angeles Times reporter James Oliphant, who has filed an article for publication in tomorrow's paper entitled, "Drop in unemployment doesn't mesh with Republicans' script."
Here's how Oliphant opened his April 2 story:
NPR Toes the Line for President Obama's Energy Policy
On Wednesday's All Things Considered, NPR's Ari Shapiro acted as a stenographer for the Obama administration's energy proposals. Shapiro played four clips from the President's recent speech on the issue, and another from a sympathetic environmentalist. Even the lone clip from an oil industry representative came from someone who "supports the move to invest in biofuels and clean energy."
At…
Reich Touts FDR's Mid-1930s Depression-Era Growth; He and the Press Ig
Former Clinton Labor Secretary Robert Reich, in a column appearing at Business Insider, says that we're heading in the direction of a "double-dip" -- and though he doesn't follow it with the word "recession," it's obvious he's not talking about an ice-cream cone. It's also obvious that he's less than pleased with the media spin that things are really okay.
Along the way, Reich had to go back…
All 47 Senate Republicans Co-sponsor Balanced Budget Amendment
Senate Minority Leader Mitch McConnell (R-Ky.) announced moments ago that all 47 Senate Republicans co-sponsored a balanced budget amendment to the Constitution.
As Human Events reported Thursday:
Wealthy Americans Don't Actually Earn Their Money, Merely 'Receive' or
A Wednesday post by economics reporter Catherine Rampell on the paper's Economix blog hits hard at the common liberal target of "extreme" and "stark" income inequality in America: “Inequality Is Most Extreme in Wealth, Not Income.”
Rampell’s word choice sent the message (perhaps unconsciously) that income isn’t earned through hard work or talent but is instead passively and undeservedly “…
Lawrence O'Donnell: 'Stunningly Ignorant' Cantor Would Fail Citizenshi
Kicking off the March 30 edition of "Last Word," MSNBC anchor Lawrence O'Donnell unleashed a torrent of insults aimed at Rep. Eric Cantor (R-Va.).
"House Majority Leader Eric Cantor is the most stunningly ignorant member in the history of the Congress," bellowed O'Donnell. "That's right. Eric Cantor revealed today in a press conference that he does not know how a bill becomes a law. Seriously…
CNN's Costello: 'Jobless Claims Plummeted Last Week': A Whopping
It was good economic news on CNN's Newsroom this morning. After a brief mention of radiation in Japan, anchor Carol Costello reported:
Brand new numbers out of the Labor Department this morning. It turns out jobless claims plummeted last week. Down 6,000 to 388,000.
I'm not certain what dictionary CNN news readers use, but "plummet" wouldn't seem to be the right verb. Merriam-Webster's…
AP Uses Economist's Dubious 'Undeniable' Improvement Assertion to Fram
UPDATE, April 1: Joshua Shapiro, who is "quoted" in the AP article covered in this post, has emailed me and informed me of the following --
Christopher Rugaber did not speak with him, but instead used text from "a written note that I (Shapiro) produced after the jobless claims report was released."
Shapiro is unhappy at my making it appear that he is fooled by establishment press…
ABC’s Jon Karl Touts Liberal Advocacy Group’s Claim That ‘Tea Pa
Good Morning America’s Jon Karl on Thursday used a new study by the liberal Environmental Working Group [EWG] to deride the calls of spending cuts by certain Tea Party Republicans as "hypocritical."
Karl didn’t raise any concerns about hyping the claims of the EWG, an organization that, as Michelle Malkin pointed out in 2002, has railed against hair spray, playgrounds and the conservative…
NPR's Totenberg Parrots Lawyer's Claim Wal-Mart Arguing It's 'Too Big
Greedy, deep-pocketed Wal-Mart went to the Supreme Court yesterday to argue it's "too big to sue."
That's the sort of rhetoric one might expect from Brad Seligman, one of the attorneys representing Christine Kwapnowski and a handful of other women who are suing Wal-Mart on the claim of gender discrimination.
Appearing with Kwapnowski on Tuesday's CBS "Early Show," Seligman used those words…
Jon Stewart Abandons Civility (Again) and Lashes Out at Corporate Amer
Once again, Comedy Central's Jon Stewart sacrificed "civility" in order to sharpen his liberal arguments – this time attacking corporations for greed. The liberal comedian, who time and again has used his national podium to cry out for civility in the nation's political discourse, resorted to vulgar name calling Monday during a four-minute tirade against big-business.
During the segment full…
Yahoo! Finance's Daniel Gross: Roberts Court 'Hostile to Workers
Handicapping a case heading to oral argument before the U.S. Supreme Court today, Yahoo! Finance's Daniel Gross insisted that "Wal-Mart has to like its chances" because "[t]he Supreme Court under Chief Justice John Roberts has generally been pro-business and hostile to the cause of workers."
Gross, who is also a senior editor for Newsweek, cited the 2007 ruling -- erroneously writing that the…
Stacked Deck: Soros Adds More Lefty Supporters to Event Aiming to Rema
Left-wing funder extraordinaire George Soros isn’t content with just promoting his long list of liberal causes. He wants to remake the global economy. This plan, first revealed by the Media Research Center last week, continues to get more obvious.
Soros has spent $50 million getting the group INET (Institute for New Economic Thinking) to throw a remake of the famous Bretton Woods conference…
