Politico's Revealing Coverage Double Standard on Challenges to House L
May 17th, 2009 11:35 AM
Those who believe that Politico is a hangout for former establishment media journalists who want to recreate a combination of the New York Times and Washington Post on the web -- complete with the insufferable biases of those two publications -- can look to the disparate treatment of two challenges to party congressional leaders as affirmative evidence. In a search on "Cindy Sheehan" at Politico…
NYT Makes EU And Other GDP Contractions Look Less Awful By Comparing T
May 15th, 2009 12:25 PM
I had no idea the financial situation at the New York Times was so desperate. Somebody, anybody -- Please spring for a $3.49 calculator like the one pictured at the far right for Times reporter Matthew Saltmarsh. And if you've got another few bucks, pass them on to the Times's home-page headline writers, so they can present something more understandable to US readers than what you see to the left…
WSJ: Treasury's Stress Test Results 'Negotiated' -- Not To Mention Arb
May 10th, 2009 11:26 AM
It's a whole new wrinkle on the old joke about accountants (when asked what 2 + 2 is, he or she replies, "What do you want it to be?"). The Wall Street Journal reported yesterday that the reported results of the financial institution stress tests were negotiated: Banks Won Concessions on Tests Fed Cut Billions Off Some Initial Capital-Shortfall Estimates; Tempers Flare at Wells The Federal…
Lost in Translation: Biz Press Reports Dollar Amounts of Toyota's Loss
May 10th, 2009 9:01 AM
Here are the first two paragraphs of Toyota Motor Corporation's press release announcing its financial results for the year ended March 31, 2009 (most Japanese companies end their fiscal years on March 31; bolds are mine): Tokyo - TOYOTA MOTOR CORPORATION (TMC) today announced operating results for the fiscal year ended March 31, 2009. On a consolidated basis, net revenues for the fiscal year…
Memo to Clueless Media: Obama's $17 Bil in 'Cuts' Aren't Real Spending
May 8th, 2009 12:01 AM
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
May 6th, 2009 12:21 AM
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…
Morning Shows, NYT, USA Today Ignore Mary Ann Glendon/Notre Dame Devel
April 28th, 2009 6:26 PM
Imagine that former Vice President Dick Cheney was set to be honored next month at a Catholic university's commencement ceremony and news came down that another person to be honored at the same ceremony with a different award declined the honor, stating that she felt it inappropriate for the university to honor a man who believes in and furthered the use of torture by condoning waterboarding of…
Newspaper Circs: Another Serious Drop; NYT's Small Decline a Short-Ter
April 28th, 2009 4:54 PM
From Editor & Publisher yesterday (bold is mine):The Audit Bureau of Circulations released this morning the spring figures for the six months ending March 31, 2009, showing that the largest metros continue to shed daily and Sunday circulation -- now at a record rate.According to ABC, for 395 newspapers reporting this spring, daily circulation fell 7% to 34,439,713 copies, compared with the…
Pittsburgh P-G Editor Writes of Meeting With Senator Arlen Specter
April 25th, 2009 11:05 AM
One thing you can say about Pittsburgh Post-Gazette columnist and associate editor Dan Simpson (pictured at right) is that he is creative.In his April 22 column, Simpson created a meeting with a certain Senator Arlen Specter in 1974.Here's the relevant verbiage from Simpson's column ("Switch Sides, Sen. Specter"), the primary purpose of which is to lobby for the Keystone State Senator to become a…
BMI's Gainor Tells House Subcommittee Liberal Bias Has Hurt Newspapers
April 23rd, 2009 10:19 AM
On April 21, the Business and Media Institute's Dan Gainor testified before the House Judiciary Committee's Courts and Competition Policy in a hearing on "A New Age for Newspapers."As MRC's Tim Graham wrote on April 22, the hearing was spurred by the steady drumbeat of newspaper closings around the country, and calls from some Democrat lawmakers to bail out and subsidize the newspaper business.…
Summary of the April 15 TEA Parties Media Coverage
April 22nd, 2009 4:20 PM
Ladies and Gentlemen, The Lamestream Media The media coverage of the more than 800 Taxed Enough Already (TEA) Party protests that took place in all fifty states on April 15 ranged from disdainful dismissal of their nature, significance and import, to outright hostility towards the events and individual participants, to sexual innuendo-based full-on ridicule…
MSNBC Features GOP Logo in Segment on Violence and the 'Radical Right
April 15th, 2009 12:22 PM
MSNBC featured the Republican Party's elephant logo in a segment on Wednesday's "MSNBC News Live" about the possible rise of right-wing hate groups. Anchor Contessa Brewer introduced the piece by asserting, "The White House is warning that a bad economy, combined with the election of the nation's first black President, could draw new extremist right-wing members, especially war veterans, to a…
NYT: 'Surgical' GM Bankruptcy Would Leave $70 Billion or more in Taxpa
April 14th, 2009 1:11 PM
Here's a Tea Party Wednesday engine-starter, so to speak. This past week, while much the world focused on the terrorists in training euphemistically known as "pirates," and the more religious among us attended Holy Week services and celebrated the Resurrection, bean counters and government bureaucrats were trying to figure out just how much a bankruptcy at General Motors could cost the treasury…