WRONG: As Xmas Shopping Disappoints, AP Claims 'Cheap Is the New Chic'
December 23rd, 2015 7:02 PM
The desperation is palpable at the Associated Press, aka the Administration's Press, over how the Christmas shopping season is going.
Having appearently learned something contrary to the "consumers will catch up with their spending" we've been hearing from the National Retail Federation and others so far, AP Business Writer Joyce M. Rosenberg shifted gears and decided that consumers are spending…
Politico Falsely Portrays Cruz's Response to Shameful WashPost Cartoon
December 22nd, 2015 11:31 PM
As Curtis Houck at NewsBusters reported this evening, the Washington Post published "a disgusting GIF early Tuesday evening depicting (Ted) Cruz’s young daughters as toy monkeys being played with" accompanied by a pathetic two-paragraph justification by cartoonist Ann Telnaes as to why Cruz's daughters "were fair game."
The Post withdrew the cartoon and the justification within a few hours, but…
AP Tries to Impress With Expected (i.e., Puny) 'Pickups' in GDP Growth
December 22nd, 2015 6:45 PM
Today's release from the government on economic growth estimated that the nation's Gross Domestic Product grew at an annual rate of 2.0 percent in the third quarter, a slight downward revision from November's estimate of 2.1 percent. This continues the economy's dismal, worst-since-World War II growth performance since the recession officially ended over six years ago.
But never fear. According…
CNBC Changes Shopping Headline From 'Cut Deep' to 'Can It Be Saved?'
December 22nd, 2015 3:26 PM
Yesterday, CNBC's Krystina Gustafson opened her article about the state of the Christmas shopping season by reporting that "procrastinators around the U.S. provided a much-needed boost to retailers" last weekend, but that "the lift was likely too little too late to salvage a slow start to the holiday shopping season." The story's headline: "Retailers cut too deep to save the holiday season."…
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NBC Gushes: ‘Comedian-in-Chief’ Obama Appearing on Seinfeld Web Show
December 22nd, 2015 1:38 PM
On Tuesday, NBC’s Today devoted two full reports to President Obama appearing on Jerry Seinfeld’s web series Comedians in Cars Getting Coffee. The first report came late in the 7 a.m. ET hour, with co-host Carson Daly proclaiming: “President Obama and Jerry Seinfeld take a little spin on the South Lawn in a 1963 Corvette before they sit down for a candid conversation about life in the White House…
Steinem: Equal Pay Would Be 'Biggest Economic Stimulus Possible'
Business
December 22nd, 2015 1:37 PM
According to feminist icon Gloria Steinem, America’s best bet for stimulating the economy isn’t tax cuts or trillions of dollars in spending, but equal pay for women.
In a Dec. 15 interview with Fusion, Steinem claimed that “Equal pay for women of all races would be the biggest economic stimulus the economy could possibly have.” She specifically said it would be “way better” than the last…
U of L: Prof. Position is Only For Blacks, Hispanics, Native Americans
December 21st, 2015 10:55 PM
Did you hear about the university which advertised for "a tenure-track Assistant Professor position that will be filled by a White American or Asian American"? Of course you didn't, because it didn't happen. But it's not difficult to imagine the outrage which would justifiably ensue if such an ad were ever placed.
Well, last week it became widely known that the University of Louisville placed an…
Press Almost AWOL As Far-Left PR Firm Closes Over Harassment Charges
December 21st, 2015 12:52 AM
A leftist flack who has been waging his own personal war on women for at least a decade has been exposed. As a result, his far-left public relations firm, a leader in the field, has closed.
FitzGibbon Media shut down on Thursday. That's because Trevor FitzGibbon, the firm's founder and owner, who also was "a communications director for (now-President Barack) Obama’s 2008 campaign," has been…
AP's D'Innocenzio Makes Disappointing Online Sales Growth Seem Strong
December 20th, 2015 10:57 AM
What little remains of the economy's momentum appears to be riding on Christmas season consumer spending being perceived as strong. Unfortunately, it hasn't been.
Following up on her early Friday excuse-making for why things haven't gone too well at the malls so far — it's because the weather has just been too darned nice — Anne D'Innocenzio at the Associated Press worked over the available…
Clueless Cosmo: Buying a Gun in Mo. Is Easier Than Getting an Abortion
December 18th, 2015 1:22 AM
The people who run Cosmopolitan Magazine's Twitter account really stepped in it today — and they're so utterly clueless that they doubled and tripled down on their ignorance.
Cosmo's tweeters have thrown themselves behind legislation drafted by Missouri State Representative Stacey Newman. Newman, a Democrat, actually believes that it is more difficult to get an abortion in the Show Me State than…
AP Howler: Economy 'Healthy' Because of 'Solid Consumer Spending'
December 17th, 2015 4:56 PM
For an understanding of just how weak the business press's understanding of economic fundamentals is, look no further than Paul Wiseman's brief "coverage" at the Associated Press Wednesday of the Federal Reserve's awful Industrial Production.
The Fed reported yesterday that industrial production fell by 0.6 percent in November on top of a revised -0.4 percent (down from -0.2 percent) in October…
AP: San Bernardino Terrorist Massacre Was a 'Mass Shooting'
December 17th, 2015 10:04 AM
Pity the poor folks at the Associated Press, aka the Administration's Press.
The Obama administration, usually hyper-reluctant to characterize a domestic terrorist attack on U.S. soil as, well, a domestic terrorist attack, has actually had to admit in the face of overwhelming evidence that the San Bernardino massacre on December 2, during which 14 were killed and two dozen injured, was indeed a…
Networks Censor ABC Poll Finding 53 Percent Oppose Assault Weapons Ban
December 16th, 2015 6:00 PM
ABC's morning and evening newscasts, along with those of competitors CBS and NBC, have yet to cover on the latest Washington Post/ABC poll finding that 53 percent of Americans oppose a new assault weapons ban. This is the "first time in more than 20 years of ABC News/Washington Post polls, with the public expressing vast doubt that the authorities can prevent 'lone wolf' terrorist attacks and a…
Chicago Teachers Authorize Another Strike; Press Rarely Notes Demands
December 15th, 2015 10:44 PM
The Chicago Public Schools system, from which came Arne Duncan, perhaps the nation's most execrable Education Secretary, is in serious financial trouble. So is the State of Illinois. Having already borrowed against next year's property tax collections, CPS somehow expects the state to bail out its underfunded pensions to the tune of $500 million. Though it has subsequently been narrowed, MRC-TV,…