Greenspan 'Talks Down the Economy'; Media Yawns
In November 2000, during the disputed presidential election won by George W. Bush (excuse the indulgence; I just enjoy typing those words, especially considering the alternative), Dick Cheney and others were (in hindsight, rightfully) pointing to negative indicators in the economy pointing to a possible recession. Furious supporters of what was to become the previous administration accused…
My, The News on This Was Quiet When It Happened
This came in my e-mail from CNN just after the markets closed on Wednesday:
Historic day on Wall Street. Dow industrial, transportation and utility averages all hit record highs for 1st time since 1998.
I've been pretty busy, but I think I would have caught coverage of this news somewhere else had it occurred. If it did, it was quite muted.
Mark Hulbert, in a column time-stamped early Friday…
MSM Ee-vil Corporation Watch: ABC Declares State Farm 'Not a Good Neig
File this one under "MSM condemns ee-vil corporations." As you'll note from the screencap, ABC's Good Morning America today branded State Farm Insurance "not a good neighbor." What is State Farm's sin? Its decision not to write new homeowners and commercial policies in the state of Mississippi.Did you note that? State Farm has decided not to write any new policies. This in no way affects…
Couric Implies Rampant Sex Discrimination In US, Touts Misleading Femi
On Monday’s "Evening News" on CBS, anchor Katie Couric asserted a common talking point among feminists and that is that women make 76 cents for every dollar a man does, which is a misleading statistic. In a series entitled "The American Spirit," Couric profiled Janet Hanson, the founder of a women’s networking group called 85 Broads, which is dedicated to helping women get ahead, as Hanson doesn'…
NY Times: For the Umpteenth Time, Beware the Housing Bubble
The media can't really deny the economy is doing great. But all good things come to an end,so what the heck, why not float the prospect of a looming recession? That's essentially what The New York Times did in today's paper.Staff writers Eduardo Porter and Jeremy W. Peters turned to a Clinton economic adviser to suggest that the current economy is driven by a housing bubble similar to the tech…
