Japan in Recession Again, So the Answer Must Be Even More 'Stimulus'
Japan's two-decade romance with Keynesian economics has led to another betrayal — and yet the press and all the supposedly smart economists and analysts seem to believe that just one more fling might bring about a different result.
The Land of the Rising Sun, aka the Land of the Two-Decade Zombie Economy, has just reported an annualized contraction of 0.8 percent in the third quarter. The…
Not News: Mediocre Economy Has Cost Americans Thousands Each
On Thursday, the government reported that the nation's economy turned in yet another quarter of poor economic performance, estimating that its gross domestic product grew at an annual rate of 1.5 percent in the third quarter.
The business press almost universally downplayed the news, and told readers that the fourth quarter will be better. No one talked about how much the tepid growth of the…
Not News: UAW Mulls Plan to Milk Unemployment System in a GM Strike
The news coming out of Detroit about near-deadline negotiations between the United Auto Workers union and General Motors has been pretty quiet. As the Sunday 11:59 p.m. deadline approaches, the Associated Press only has a four-paragraph blurb indicating that the union wants to get a richer package than it just garnered in negotiations with Fiat Chrysler. A Reuters report goes into detail about GM…
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NBC: Hillary May Have ‘Best Day’ With ‘Partisan’ Benghazi Committee
During a discussion with Bloomberg Politics editor Mark Halperin on Tuesday’s NBC Today, co-host Savannah Guthrie touted how Hillary Clinton had “set the table” for her testimony before the Benghazi Committee on Thursday. Halperin proclaimed: “This appearance has been looming on her calendar and her staff’s calendar with dread, thinking this could be the worst day of the year for her. It could…
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MSNBC's Alter Suggests Bush to Blame for Not Preventing 9/11 Attacks
Appearing as a panel member on Sunday's Up show on MSNBC, Bloomberg View columnist and MSNBC political analyst Jonathan Alter, picking up on what he called "one of Donald Trump's great contributions to this campaign," contended President Bush deserved blame for not stopping the 9/11 attacks as he recounted a vague warning from August 2001 that Osama bin Laden wanted to attack the U.S. He further…
Jill Hennessy Hails ‘Accomplished’ Hillary and ‘Tremendous’ Sanders
Another Hollywood liberal infatuated by Hillary Clinton and Bernie Sanders. Actress Jill Hennessy, best-known for starring roles in NBC’s Law & Order and Crossing Jordan, hailed Hillary Clinton: “I just think she has accomplished more than most people accomplish in about five lifetimes.” But she was quick to also trumpet Bernie Sanders: “I find him really inspiring. I think he’s tremendous.”
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NBC: Benghazi Committee ‘Delegitimized,’ Hillary Will Have 'Great Day'
Appearing on Friday’s NBC Today, Bloomberg Politics managing editor John Heilemann saw a rapidly closing window for Joe Biden to enter the presidential race: “...if he's making a calculation on the political landscape, it's more forbidding now than it was a month ago. You've got Hillary Clinton performing well at this debate, the Benghazi Committee now kind of delegitimized. She's teed up to have…
McArdle: 'A Marshmallow Planet' More Likely Than Truth in 'Truth'
The disgraceful determination of Hollywood to rewrite history not favorable to the left, its causes and its personalities has perhaps reached its nadir with the laughably misnamed movie Truth.
The film is about Dan Rather's September 2004 60 Minutes report on President George W. Bush's Texas Air National Guard Service during the 1970s. In Rather's words, "The nuanced, not preachy, script makes…
As Limbaugh Demonstrates: The Media’s Lockstep Leftist Talking Points
We’ve time and again seen the media receive their messaging orders - and then march off all mouthing the Leftist talking point(s) of the day. Washington, D.C.-based talk radio host Chris Plante quotes a military friend of his describing the media not as a gaggle, but as a centipede. Multitudinous legs in coordinated movement - all headed in the same direction.
Talk radio impresario Rush…
Cass Sunstein's 'Just Embarrassing' Revisionist 2nd Amendment History
Did you know that the "The Gun Lobby Rewrote the Second Amendment"?
No, really. Even though not a single word contained in that amendment has changed in over 220 years, you should believe it because former Obama administration official Cass Sunstein said so at Bloomberg View on Wednesday.
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Nets Skimp on New Hillary E-Mail News; CBS Skips Keystone Decision
The “big three” of ABC, CBS, and NBC all failed to cover on Tuesday night a new chapter in the Hillary Clinton e-mail scandal concerning the reason she turned over her work-related e-mails while CBS also neglected to tell their viewers that Clinton finally came out against the Keystone XL oil pipeline after pressure from liberals and environmentalists.
Business Wires: US Weakness Didn't Influence Fed's No-Change Decision
The business press is trying to convince readers, listeners, and viewers that Janet Yellen's Federal Reserve kept interest rates at zero not because of U.S. economic conditions, which supposedly "look good" with "steady economic growth." No-no. She stayed the course because of the troubled tglobal economy.
Thursday evening, Reuters wrote that the Fed failed to move "in a bow to worries about the…
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Reality Check for Media: Wal-Mart Cuts Hours After Raising Wages
Business
Just before Labor Day, Wal-Mart taught a lesson in Economics 101. The consequences of Wal-Mart’s decision to raise employee wages are becoming apparent and even the wage-hike promoting liberal news media has had to report it.
Bloomberg Businessweek reported that Wal-Mart’s labor costs had soared by $1 billion after raising hourly wages to $9 in April and committing to additional training. In…
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Heilemann: Gore 'Hates' Hillary, 'Huge' Problem for Her If He Runs
This blog brought to you by Orville Redenbacher . . . One short segment on today's With All Due Respect packed plenty of explosive commentary. There was John Heilemann saying that Al Gore "hates" Hillary and that if he gets in the race would be a "huge" problem for her. Lending credence to Heilemann's "hates" claim is the fact that he mentioned having "spent a lot of time" with Gore in 2006. …
