First Quarter GDP Growth Up Higher Than Originally Thought
May 27: Paul R. La Monica for CNN Money reporting on Warren Buffett's belief that "we are already in a recession." Notice the lede: NEW YORK (CNNMoney.com) -- It's getting harder and harder to deny that the economy is in recession.May 29: The federal government releases an upward revision of the first quarter GDP growth. The ever-pessimistic AP reporter Martin Crutsinger grudgingly admitted that…
Despite Media, Buffett Recession Obsessions, 1Q Growth Revised Up
Matching predictions from Reuters and Bloomberg, the government's Bureau of Economic Analysis told us this morning that the economy grew at an upwardly-revised annualized rate of 0.9%. As I've said frequently, this is nowhere near acceptable. But it sure as heck isn't a recession.Initial reaction to the news by the Associated Press's Jeannine Aversa was unfortunately predictable (bolds are mine…
CNN Commentator Calls Those That Question Obama's Missing Lapel Pin 'Z
I was checking out CNN's election returns this evening when I came across an interesting article by Roland Martin, one of CNN's resident excuse makers for Barack Obama. The article, Commentary: Make wearing a flag pin the 28th Amendment, is listed as one of the site's most read articles. I already knew what I would be getting into by reading the article. It turned out exactly as I had expected,…
FARC Commander Surrenders to Colombia; CNN Leaves Out Terrorist Label
The Revolutionary Armed Forces of Colombia (FARC) is a drug-trafficking terrorist group that has vexed Colombia's government and citizenry for years. Yet the T-word was missing from a May 19 CNN.com article regarding the surrender of FARC Force 47 commander Nelly Avila Moreno, although Colombia's recent military pressure was cited by Moreno as the cause of her surrender:[Moreno] said she and her…
A Shocking 'One-Child' Statistic in CNN Story From China Earthquake
You have to wonder how this CNN headline and story about the earthquake in China got out, as it includes a shocking statistic (400 million births "prevented") rarely seen in the West (bold is mine): Parents' losses compounded by China's one-child policy Li Yunxia wipes away tears as rescue crews dig through the ruins of a kindergarten class that has buried her only child -- a 5-year-old boy.…
CNN Cites 'Recession' in Exit Poll Questions
West Virginia primary voters were asked at least two factually faulty exit poll questions yesterday, both of which asserted that the U.S. economy is already in recession. This, of course, is absolutely false. A recession is marked by at least two consecutive quarters of negative economic growth. The last quarter of 2007 and the first quarter of 2008 were marked by slow, but positive, economic…
CNN.com Needs to Brush Up on Its Military Hardware
CNN has an article posted this AM about the on-going misery in Myanmar resulting from the recent cyclone that devastated the Irrawaddy delta and has left as many as 100,000 dead. The country's paranoid military dictatorship is hampering aid efforts, and as a result, is no doubt adding to the number of dead and injured. In writing about the U.S. forces in the area poised to help if the…
CNN.com Supreme Court Reporter Failed to Note Key Facts in Indiana Vot
In a 10:15 EDT post today at CNN.com, producer Bill Mears noted the 6-3 ruling by the Supreme Court upholding an Indiana law requiring photo ID in order to vote. Yet Mears left out that Democrats who challenged the law were unable to produce a single voter who could prove he or she was unable to vote due to the law nor did Mears point out mechanisms the Indiana law has in place for provisional…
Gas Price Hype Rising With 'No End in Sight
And here we go again. I'm all for catchy headlines, but CNN has to be a bit more responsible with its choices when reporting on gasoline prices."Gas prices climbing with no end in sight," reads a hyperbolic April 22 CNN.com headline. "No end in sight" might make for great left-wing populist rhetoric, but it's hardly balanced economic reporting.Indeed, the only thing to justify the "no end"…
Hamas Says They're For Obama, CNN Says 'McCain Says Hamas Wants Obama
In a head spinning effort to make McCain the bad guy of a story, CNN has taken the voiced support for Barack Obama by the terrorist organization Hamas and turned it into a finger pointing at Republican John McCain for being mean to Obama. Talk about spin, CNN has really done a doosie here. Taking the words of the terrorists in Hamas and placing them in McCain's mouth is simply unbelievable. But…
