Geithner Miscasts the 1930s at the G-20 Summit; AP's Aversa Lets Him G
Treasury Secretary Tim Geithner is admonishing the leaders of other countries attending the G-20 summit in Toronto to keep spending like there's no tomorrow, because if they spend like there's no tomorrow, there will still be a tomorrow. But in the gospel according to Geithner, if they don't spend like there's no tomorrow, there really won't be a tomorrow. With such blubbery logic, is it any…
USA Today Cheers Proposed Financial Protection Agency
Don't be surprised if you open up the June 24 USA Today and find pom poms in the ‘Money' section. Reporters-turned-cheerleaders Paul Wiseman, Jayne O'Donnell and Christine Dugas wrote a glowing 38-paragraph story about the proposed Bureau of Consumer Financial Protection (BCFP). The story even included a section called "keys to a new agency's success" with quotes from "experts" at a wide…
AP Writers Criticize Foreign Oil Spill Aid Offers Because (Gasp!) They
A Friday report by reporters Matthew Lee and Eileen Sullivan indicates that there is a serious shortage of critical thinking skills over at the Associated Press, or a serious desire to run interference for the Obama administration no matter how ignorant doing so makes the wire service's reporters appear.Lee and Sullivan try to excuse the State Department's inaction on the vast majority of roughly…
Screw the Newbies: AP's Lament on Plight of New UAW Hires Ignores the
There several annoying aspects of today's Associated Press report on the plight of newly-hired employees at U.S. auto plants represented by the United Auto Workers. Mentioned by writers Dee-Ann Durbin and Tom Krisher, but not until their eleventh paragraph, is the fact that new workers, whose starting wage (mentioned in Paragraph 2) is "about half what veterans make under their current contract…
Leaked ObamaCare Docs Ignore Costs of the Law's Mandates in 'De-Grandf
On Friday, Investors Business Daily (IBD) reported on leaked government documents identifying what employer-provided health plans can and cannot do if they wish to retain their "grandfathered" status under the statist health care legislation commonly known as ObamaCare that became law on March 23. One of the items in the government document (83-page PDF) is the following table, which estimates…
BP Rage: Aided and Abetted by 'Kick-A**' Rhetoric? (Plus: A Developing
Instapundit's Glenn Reynolds employed sarcastic irony this morning when he wrote that "Obama’s hate speech is promoting violence against BP." Well, it's at least clear that the blame game out of Washington isn't helping the situation.
Gibbs Scolds WH Reporters for Asking So Many BP Questions
Doesn't everyone remember in 2005 when George W. Bush's Press Secretary Scott McClellan (bless his back-stabbing heart) called reporters into the West Wing of the White House and scolded them for asking too many questions about Hurricane Katrina? That followed a similar admonishment earlier in the year about the press's obsession with anything and everything to do with the Iraq War. You don't…
On Oil, Mining and Banking Media Favor Regulation, Barely Notice Failu
Since Obama took office, there's been a leftward swing toward increased regulation. The news media have supported that tilt, generally failing to demand explanations for high profile failures of government regulators. From the financial crisis to the Gulf oil spill, a recent string of problems exposed serious failures of government regulators that are supposed to protect the public. But…
AP Report on Perceived Quality Notes Ford, Kia Strides, Toyota Decline
A few weeks ago (covered at NewsBusters; at BizzyBlog), the Associated Press tried to pass off a poll it had conducted with its partner GfK Roper Public Affairs and Media (inexplicably held for 40 days) as showing that "Americans (are) shifting to US cars." Actually looking at the poll's detailed results revealed that Americans are "shifting to US cars" made by Ford, and either shifting away or…
Deficit Comes In Just Below CBO Estimate; Economists' Predictions Were
It doesn't seem like this exercise should be that tough. The government issues Daily Treasury Statements telling everybody what went in and out on a given business day. At the end of the month, the last Daily Treasury Statement has a record (admittedly jumbled and larded with lots of bureaucratic excess) of all receipts and disbursements for the month. The folks at the Congressional Budget…
NYT Writer on GM 'Repayment': Company Is Guilty of 'Employing Spin and
Well, it's not the same as saying "the company lied through its teeth and the government let them," but it's as close to that as you'll probably ever see in an establishment media outlet like the New York Times. In a column that apparently appeared on the web on Friday while appearing Sunday's print edition, Gretchen Morgenson, assistant business and financial editor at the Times, ripped into…
Obama Repeats the Big Arizona Immigration Enforcement Law Lie; Who in
An unbylined Associated Press item carried at NPR quotes President Obama as follows about Arizona's recently enacted immigration law-enforcement measure: The president is repeating a blatant falsehood about the Arizona law that has gained instant currency in the establishment press and leftist circles. It has no basis in fact, or in the legislation Grand Canyon State Governor Jan Brewer…
Pentagon Rescinds Franklin Graham’s Invitation, Al Sharpton is Welco
The Pentagon rescinded the invitation of evangelist Franklin Graham to speak at its May 6 National Day of Prayer event because of complaints about his previous comments about Islam. The Military Religious Freedom Foundation expressed its concern over Graham's involvement with the event in an April 19 letter sent to Secretary of Defense Robert Gates. MRFF's complaint about Graham, the son of…
