CNBC Posts, Retracts 'Bain Advised Obama/GM' Report

UPDATE: James Pethokoukis at the American Enterprise Institute's blog has more, including the possibility that the original story misidentified "Bain Consulting," as well as a theory as to the story's original source. It looks like someone ran with something they thought was too good to check. A retraction described as a "Correction" currently on CNBC's web site tells readers: "A previous…

Jan. 2012 at AP: Increase in Consumer Borrowing Is Great News; in Jan

It's more than a little annoying to read a news report containing incomplete information. The irritation level hits the red zone when you realize that the writer is not only concealing important data, but telling you what you're supposed to think about what little he deigned to tell you. Such was the case with Martin Crutsinger's Associated Press item about the Consumer Credit report issued…

CNNMoney.com: Many Docs Are Struggling, and It's Their Fault; Obamacar

A frequent BizzyBlog commenter tweeted about an online article he saw at CNNMoney.com entitled "Doctors going broke" about how many doctors are struggling in the current economy. His tweet: "Welcome to Obamacare." A frequent BizzyBlog commenter tweeted about am online article he saw at CNNMoney.com entitled "Doctors going broke" about how many doctors are struggling in the current economy.…

Why Yesterday's Jobs Numbers Don't Signify 'Gaining Steam' or a 'Surge

The headline New York Times (HT Clay Waters at NewsBusters) after yesterday's job report was: "U.S. Economy Gains Steam as 200,000 Jobs Are Added." At the Associated Press: "Nation adds 200,000 jobs in December hiring surge." Telling millions of news consumers that it's so doesn't make it so.

AP Item on 'Summer Jobs Initiative' Omits That Most of 180,000 'Opport

An unbylined item appearing at the Associated Press shortly after midnight (captured in full as a graphic here due to its brevity; for fair use and discussion purposes) crowed about how President Barack Obama "is looking to boost summer job prospects for kids," has "gotten commitments for nearly 180,000 youth employment opportunities for next summer," and only says that "Many of the positions…

AP Wrongly Claims Palin's Figurative 'Death Panels' Contention 'Now Wi

There are quite a few problems with Ricardo Alonso-Zaldivar's December 28 coverage ("New fee coming for medical effectiveness research") concerning a new fee (i.e., tax) which will imposed on health insurance companies for each person they cover starting tomorrow. Several times (twice in the body and once as seen above in the headline), the story refers to the assessment as a "medical…

AP's Pace Perpetuates Pathetic Claim That National Debt's Rise Is Due

There are press memes which won't go away no matter what, and no matter how often disproven. One, repeated in an Associated Press report a couple of weeks ago as our troops were about to leave Iraq, claimed that "No WMD were ever found" there. The truth: Yes they were — along with 550 metric tons of yellowcake uranium found in Iraq after Saddam was overthrown, specifically “the stuff that can…

'Rizzoli and Isles' Episode's Arsonist Fireman Blames Boston 'Budget C

I know, we're supposed to give TV shows and the like a bit of dramatic license to push a plot line. But doesn't it seem that an awful lot of the license taken tends to be pro-big government and left-leaning? One pretty obvious example came along Monday night during the Season 2 finale of TNTs' "Rizzoli & Isles" (which ran again late tonight). The plot of "Burning Down the House" centered…

NYT's Anti-Concealed Carry Report Actually Proves That No. Carolina an

It seems that if you're a New York Times reporter on a mission to prove something you think must be obvious and your research leads to the exact opposite result from what you smugly expected, you forge ahead and try to pretend that you proved your point anyway. At least that how it seems to have worked out for Times reporter Michael Luo in a report appearing in Tuesday's print edition which…

AP's Kuhnhenn: Obama Only Promised to Make Signing Statements 'More Tr

At the Associated Press on Friday, reporter Jim Kuhnhenn provided yet another reason why characterizing the wire service as The Administration's Press is perfectly appropriate. In wake of President Obama's use of a "signing statement" objecting on constitutional grounds to congressionally-imposed "restrictions on his ability to transfer detainees from the U.S. military prison at Guantanamo…

Unreported: Private-Sector GDP Still Smaller Than When Recession Began

Yesterday at my home blog, in the wake of Uncle Sam's reduction of third-quarter growth in gross domestic product (GDP) from an annualized 2.0% to 1.8%, I predicted that the establishment press's reaction would be the following: “Yeah, but the fourth quarter will be 3% or more. It really, really will be. Please believe us.” Martin Crutsinger at the Associated Press made that easy prediction…

AP's Kravitz Heralds 'Beginning of Gradual Comeback' After One Mediocr

Lord have mercy, these people are looking anywhere and everywhere to turn an economic improvement molehill into something that sort of looks like a mountain. Today, the headline to Derek Kravitz's report at the Associated Press ("Rise in home construction suggests a turnaround") reasonably reflected the underlying reality reported by the Census Bureau, but his first six paragraphs most…

WaPo Story Notes ObamaCare State and Federal Exchange Set-ups Running

Imagine that -- A massive government bureaucracy given almost a head start of more than three years to get up and running appears to be well on its way to not being ready. Julie Appleby covered the situation at the Washington Post yesterday. Steven Hayward at Powerline accurately called it an item which "ought to be on the front page above the fold," and wasn't. It also "just so happens" to…

Obama Crony-Run LightSquared's Network Now Shown to Disrupt Plane Safe

Late Friday afternoon, Todd Shields at Bloomberg News broke a story about some guy, who happens to be an Obama and Democratic Party donor (but not disclosed), against whom the Securities and Exchange Commission is formally considering an enforcement action (also not disclosed, though it was noted at the New York Times's Dealbook Blog five hours before Shields's report), whose "wireless service…