AP Blows The Deficit Reporting, Part I: The $175 Billion (Yawn) Accoun
You have to see this to believe it, and even then you'll have a hard time believing it. It's the Obama administration's deficit reduction program, otherwise known as "change the accounting." Here is what the Monthly Treasury Statement (MTS) from Uncle Sam looked like in March: Here is the report for April:
APs Cheney Analysis: We Read His Mind And Decided What He Really Means
Did you know that former vice president Dick Cheney is speaking out only because he is trying to protect his legacy? Well just in case you wondered about it Steven Hurst for the Associated Press wants to assure that he has read Cheney's mind and it's all settled. This is what passes for "analysis" at the AP.
The AP has also decided that Cheney speaking out causes "chagrin" in a GOP trying to "…
IL Treasurer’s Intimidation of National Bank, and Union's Invocation
Shoot, he's only talking about pulling $8 billion in state-controlled money because a bank won't go easy on a business borrower who can't pay. What's the big deal? Well, the story involves the company that makes suits for President Barack Obama (pictured at right). Beyond that, the union at that company is citing the US Treasury Department's Troubled Assets Relief Program (TARP) as a reason that…
Obama to Cut Slain Officer's Benefits in Half -- Where's Media Outrage
In a hypocrisy sure to outrage, just as Attorney General Eric Holder gets ready to attend a ceremony to honor fallen police officers, the Obama administration is proposing to cut almost in half a program that provides benefits to the families left behind. So much for the more loving, more caring president "we've been waiting for." So, wouldn't you think the Old Media would be braying at the…
Memo to Clueless Media: Obama's $17 Bil in 'Cuts' Aren't Real Spending
President Obama today announced $17 billion in "spending cuts" Thursday. Here are the substantive early paragraphs of the the Associated Press's coverage of what the President had to say: Obama sent Congress a detailed budget Thursday proposing to eliminate or trim 121 programs and save $17 billion next year — not a trifle, for sure, but only about half of one percent of the $3.4 trillion in…
The Non-TARP Lenders Aren’t Making Stories of WH Pressure Up; That M
As of early Tuesday evening, according to a report by Liz Moyer at Forbes, the latest news on the Chrysler bankruptcy filing is that: The recalcitrant non-TARP lenders who would not agree to the deal the government attempted to force on them are now attempting to challenge the deal the government and Chrysler have proposed in bankruptcy court.These lenders want to keep their identities hidden.In…
UPI Coming to Joe Biden's Rescue
As expected, Joe Biden is fast becoming the clown prince of Washington D.C. His never ending case of athlete's mouth resulting from his penchant for sticking his foot between his chompers is something that should be no surprise to any long-time Biden watcher. But, amusingly, UPI tries to re-center the Biden story, rescuing him from ridicule, to discuss the supposedly important things that…
CBS News Exec Kaplan: Republicans Have to Admit Obama's First 100 Days
Today's Washington Post Web site carries the Associated Press story "Who's Watching News Scorecards on Obama?" Written by David Bauder, the piece begins by reporting:As President Barack Obama passed his 100th day in office last week, two studies judged that the news media has given him more coverage, and more positive coverage, than his two predecessors at the same point in their terms.…
April Auto Sales: AP Finally Notices That Ford Is Winning Share From G
Friday, after the April vehicle sales figures rolled in, Associated Press reporters Kimberly S. Johnson and Dan Strumpf, in the opening sentence of a report carried at USA Today, showed that they finally noticed two things, one of which yours truly caught three months ago (NewsBusters; BizzyBlog), and the other which first became clear last month (NewsBusters; BizzyBlog). The former point is that…
AP's Kemp Obit Follows Recent Pattern: Find Something (Anything) Negat
The Associated Press's obituary on Jack Kemp continued two troubling trends found in recent AP death notices.In July of last year, covering Tony Snow's passing (saved here; covered at NewsBusters here), AP reporters found seemingly everything negative they could think of to write about the former White House press secretary and 2008 Media Research Center Buckley Award winner (examples -- "good…
AP's Sidoti Pushes Inevitability of Gay Marriage, 'Ever More' Difficul
AP reporter Liz Sidoti – who writes as if every article is an opinionated "news analysis" – touted on Saturday how softening opposition to "gay marriage" is an opportunity for Democrats. That’s true, but Sidoti went further, pushing the theory that a liberal win is inevitable, and maybe even that moderate Barack Obama will change his stance: "This is not a sea change. This is a tide that is…
AP's Calvin Woodward Does Astonishing Fact Check on Obama
Somebody needs to 'fess up. Who put truth serum in Calvin Woodward's coffee this morning?Whoever it is, they're in a heap of trouble, as Woodward produced a fact-checking critique of Barack Obama that is so good you'd swear most of it was ghostwritten by a conservative talk host.It will be interesting to see how much distribution it gets. I would suggest not counting on too much, but being open…
What a Difference A Few Hours Makes: Hopeful AP Reporting on GDP Goes
The Associated Press's Jeannine Aversa, who became infamous last year for her stories of "vanishing jobs" that weren't, sounded hopeful early this morning before the release by Uncle Sam's Bureau of Economic Analysis (BEA) of its first-quarter report on Gross Domestic Product (GDP) growth:Economy's free-fall probably eased in 1QThe recession's grip on the country may be letting up a bit.The…
