Revised August Jobs Report: Old Media Not Looking for Retractions from
NewsBusters' Brent Baker and Dan Gainor each did a fine job chronicling Old Media's weak coverage of yesterday's solid September Employment Situation report from the Bureau of Labor Statistics. Here's another Old Media non-followup on yesterday's news: Failure to get a reaction from two Democratic presidential candidates who had harsh things to say a month ago when August's weak employment report…
CNNMoney.com E-mail Doesn't Acknowledge Dow Crossing
Ya gotta love this e-mail from CNNMoney.com: So what level has did the Dow reach, O friendly CNN e-mailer? Could it possibly have been a nice round number? Like, say, 14000? You wouldn't want readers to pick up any unwarranted optimism, would you?
Media Ignore Congressman Dingell’s ‘Painful’ Tax Plan to Solve G
It has been regularly reported by NewsBusters that media are doing everything in their power to withhold from the public the financial ramifications of global warming alarmism. Be it the marketing of totally useless carbon offsets, or proposals for additional taxes on consumers and corporations, press outlets have been seemingly coordinated in their silence regarding such matters. Another…
Rangel’s Massive Tax-Increase Plan Gets Nearly Zero Old Media Covera
Did you realize that Congressman Charles Rangel fully intends to enact a massive tax increase this year? Oh, you thought that the Harlem representative only wants to fix and/or eliminate the dreadful Alternative Minimum Tax (AMT). If you know otherwise, it's probably only because you read Robert Novak's September 17 syndicated column, which is the only meaningful coverage of Mr. Rangel's plans I…
Walking Through August's Real Earnings Report for Old Media Outlets Th
I have to figure, after looking at the results of this Google News search on "real earnings" (in quotes), that Old Media business reporters found what came out in the Bureau of Labor Statistics' Real Earnings Report too difficult to understand. The search shows that only the Providence Journal among Old Media outlets mentioned the report, which was released Wednesday. So in the interest of…
The $50 Billion 'Ohio (Universal) Health Care Plan,' and What It Impli
This story about Ohio has nationwide application. That's because Ohio's media have been awfully quiet about the tax increases that will be necessary if the Buckeye State's version of "universal health care" comes to pass. The bill was introduced on April 25, according to this Ohio Legislative Services Commission bill analysis, and has flown under the radar ever since. I expect that national Old…
NBC Rains on Rate Cut: ‘Beware of the Downside of Any Economic Uptur
In case you were out of the country and missed it, the Federal Reserve on Tuesday surprisingly cut two key interest rates by a half percentage point - twice what most analysts expected - causing one of the largest one-day rallies on Wall Street in years. Yet, the folks on the "NBC Nightly News" seemed a tad unhappy with the Fed's move, as anchor Brian Williams wondered "is it good for everyone…
What Media Won’t Tell You About August Unemployment Numbers
If you watched any television newscasts Friday, or read a paper Saturday, you were bombarded with claims of doom and gloom as a result of the August unemployment report showing 4,000 fewer people on American payrolls than in July. Yet, what media largely ignored were shifting sociological population dynamics indicating this summer's poor jobs gains could be caused by the smallest percentage of…
NYT: America's Wealth 'Spoils' to be Redistributed
SPOILS1. a. Goods or property seized from a victim after a conflict, especially after a military victory. b. Incidental benefits reaped by a winner, especially political patronage enjoyed by a successful party or candidate.2. An object of plunder; prey.3. Refuse material removed from an excavation.4. Archaic The act of plundering; spoliation.Something about the weekend seems to bring out the…
