ESPN's 2-Year Subscriber Loss: 7 Million Homes

November 29th, 2015 11:53 PM
The Walt Disney Company filed its annual 10-K report with the Securities and Exchange Commission on Wednesday. The "getaway day" timing of the filing may not be a coincidence, at least as far as its 80 percent-owned ESPN subsidiary is concerned. That's because the report contains bad news which Disney would surely want to see downplayed. Confirming problems yours truly observed in NewsBusters…

AP, Despite Weak Economic Data: 'Fundamentals Remain Solid'

November 29th, 2015 10:03 PM
As yours truly noted in several posts at my home blog on Wednesday and at NewsBusters on Friday and Saturday, the torrent of pre-Thanksgiving "getaway day" economic data was largely disappointing. That didn't stop the Associated Press's Chris Rugaber from pushing the "All is well" meme late Wednesday afternoon, declaring, contrary to what anyone's eyes could see, that "the fundamentals of the U.…

AP Hides the Overall Decline in Thanksgiving and Black Friday Sales

November 28th, 2015 6:46 PM
The truth about this year's Thanksgiving and Black Friday store and online sales is out there. It's just that Christopher Rugaber at the Associated Press, aka the Administration's Press, wasn't interested in clearly revealing all of it. Instead, the AP economics writer told readers about the dollar amount of this year's and last year's Thursday and Friday store sales, but failed to quantify the…

AP's Boak Says New-Home Sales 'Recovered' In October; No They Didn't

November 28th, 2015 10:16 AM
On Wednesday, the Associated Press's Josh Boak added to the wire service's collection of weak "Getaway Day" business journalism by declaring that new-home sales "recovered in October." No they didn't. The seasonally adjusted annual rate of 495,000 units reported by the Census Bureau was the fourth-lowest monthly level seen this year, even well below the 521,000 and 545,000 reported in the…

AP: Japan Is in a Real Recession, But Trying to'Pump Up 'Recovery'

November 27th, 2015 11:24 PM

Twenty years of economic growth averaging less than 1 percent have failed to convince Japan's leaders — and apparently its citizens — that Keynesian-style government spending and handouts are not the answer to turning that long-suffering nation's economy around. So the Shinzo Abe government, fresh from learning that the country is in yet another recession — its fifth since 2008 — is doing more…

AP Accentuates, Makes Up Positives in Covering Durable Goods Report

November 27th, 2015 7:00 PM
Ever since the White House changed hands almost seven years ago, press reports on the U.S. economy have annoyingly overaccentuated whatever positives reporters might find (or think they have found), while ignoring glaring negatives and omitting key items. One example of such biased reporting came from the Associated Press's Martin Crutsinger on Wednesday. In covering the Census Bureau's October…
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Obama Compares Syrian Refugees to Pilgrims in Thanksgiving Address

November 27th, 2015 4:40 PM
During his weekly address on Thursday, president Barack Obama followed the motto “Never let a good crisis go to waste” by advancing his intention to bring 10,000 Syrian refugees to America and giving a brief historical lesson regarding the Pilgrims who came to this country almost 400 years ago. “In 1620, a small band of Pilgrims came to this continent, refugees who had fled persecution and…

AP Headline, Opening Graf Disagree in Tagging Awful Consumer Spending

November 27th, 2015 12:49 PM
Economic news on Wednesday's pre-Thanksgiving "Getaway Day" was largely dismal. The government's report on October's personal income and outlays headed up the disappointing news. While incomes increased nicely — at a rate which needs to be repeated about two dozen more times before it can be seen as genuinely impressive — spending only rose by 0.1 percent, while prior months were revised…

10-Year Dive in Relative Media Mentions of 'Christmas Shopping Season'

November 24th, 2015 11:31 PM
As we head into the Christmas shopping season, yours truly regrets to inform readers that the relative frequency of late-November media mentions of the "Christmas shopping season" is at the lowest level in all of the years I have been tracking it — probably meaning that it's at an all-time low, period. This is Year 11 of an effort which began in 2005. Each year has involved Google News searches…

'Islamophobia Victim' 3 Years Ago Arrested in Turkey as Part of ISIS

November 24th, 2015 9:49 PM
There are plenty of problems with the government's "no-fly list," and especially the plans by some congressmen and senators to abuse it. That said, it appears, almost three years later, to have gotten one name right. In late 2012 and early 2013, leftists like Chris Hayes at MSNBC, Glenn Greenwald and Kevin Drum at Mother Jones were upset that Saadiq Long, a U.S. Air Force veteran who was living…

Reuters: 2 Percent Growth Is Economy's 'Long-Run Potential'

November 24th, 2015 6:32 PM
Call it the triumph of the "new normal." At Reuters today, after today's first revision of third-quarter gross domestic product showed that the economy grew by an annualized 2.1 percent, up from the late-October estimate of 1.5 percent, reporter Lucia Mutikani and Editor Paul Simao demonstrated that they have completely given in to the artificially lowered expectations of past seven miserable…

NY Daily News Tags NRA As De Facto Jihad Enablers Twice in Six Days

November 23rd, 2015 3:50 PM
New York Daily News covers on November 18 ("NRA'S SICK JIHAD" — noted at the time by NB's Kristine Marsh) and today ("NOWHERE TO HIDE, JIHADI WAYNE") have accused the NRA of placing the right to purchase guns ahead of public safety from terrorist attacks. The paper's bogus claim is based on the NRA's opposition to legislation prohibiting anyone on the government's "terror watch list" from…

Time Warner's 'News' Spins Gun Turn-in Which Got One 'Gun' As Positive

November 23rd, 2015 9:46 AM
Time Warner Cable is trying to be in the news business, and is currently engaging in such efforts in 22 locations in five states. Unless it wants to be yet another unreliable, hopelessly biased news source, it needs to try harder. Take this November 14 report from north-central North Carolina's Triad area on the city of Greensboro's effort to get residents to turn in unwanted guns. Keep in mind…

Really? Media Meme: U.S. Does Not Face Same Terrorism Risks As Europe

November 22nd, 2015 10:38 AM
In the wake of the Paris terrorist murder sprees, a media narrative that the U.S. is somehow less vulnerable to terrorist attacks than countries in Europe has arisen. The reasons given for this contention would be uproariously funny if the stakes weren't so serious: "Geography and strict travel restrictions." Additionally, according to the report where the meme appears to have originated, there…