Calif. Creates State-Run ‘Opt-Out’ Private Sector Retirement Savin

September 29th, 2012 9:43 AM
From the "I thought Social Security was supposed to have solved this decades ago" Dept.: The State of California has just passed a law mandating opt-out pension plan contributions of 3% of earnings for six million workers in the private sector, or roughly half of its private sector workforce. The targeted population is the cadre of those working at employers of five or more who do not offer a…

‘Record’ Volt Sales?  Not Really -- GM Counts $159 Leases for an

September 26th, 2012 8:46 AM
The Jurassic Press have long had a field day puffing up bailed out General Motors (GM) and their electric automotive windmill - the Chevrolet Volt. When it came to August Volt sales numbers, the Media were Justin Bieber-excited.

Romney Refers to Benghazi as a Terrorist Attack; AP Treats as News, Ac

September 25th, 2012 6:03 PM
There is clearly no embarrassment threshold at the Associated Press, aka the Administration's Press. In a dispatch today, an unbylined AP report headlined "Romney: Benghazi a 'Terrorist Attack'" seems to act as if this is some kind of revelation to the GOP nominee even though everyone except Obama administration insiders desperately trying to bring life to the corpse formerly known as the…

AP's Raum, With No Irony: Prez Election Winner 'Will Have His Hands Fu

September 25th, 2012 3:45 PM
Even though it was near the top of the raw news wire at the Associated Press, aka the Administration's Press, when I saw it, I had to check the date on Tom Raum's item entitled "Why It Matters: Debt." Sure enough, it really does have a September 24. 1:36 p.m. time stamp. That is intensely ironic and somewhat delicious, because the final sentence of Raum's dispatch directly contradicts…

Spiering: Media Took the Word of Dem Milwaukee Mayor Barrett on Saturd

September 25th, 2012 12:30 PM
On Saturday, President Obama spoke at a campaign rally in Wisconsin. As I noted on Sunday, contradicting a local Milwaukee Sentinel crowd size estimate of 5,000, Politico, the Wall Street Journal, and the Associated Press reported that 18,000 were on hand, with the AP further claiming that the event was "the largest yet of Obama's reelection campaign." Charles Spiering at the Washington…

Trifecta: Politico, WSJ and AP Report Obama Crowd in Wis. of About

September 23rd, 2012 11:59 PM
Saturday, Joel Pollak at Breitbart's Big Journalism observed that President Obama is having some trouble drawing big crowds these days, and that the national press is exaggerating the turnout at his events. He specifically cited the situation this weekend where Politico and the Wall Street Journal claimed there were "18,000 people inside a 5,000-seat arena at an Obama event in Milwaukee on…

AP Report on 'Occupy' Anniversary Wallows in Nostalgia, Ignores Blocka

September 22nd, 2012 9:54 AM
Gosh, those were the good old days. Or so Meghan Barr at the Associated Press apparently believes. As what's left of the Occupy Wall Street mobs from last year staged a pathetic anniversary protest in New York on Monday, Barr, in one of the most embarrassing reports I've seen emanate from the self-described "essential global news network," described them as "celebrating" and "giddy." At the…

CBO: 6 Million Americans Will Owe $1,200 in ObamaCare Taxes; Broadcast

September 20th, 2012 6:15 PM
"Nearly 6 million Americans -- significantly more than first estimated -- will face a tax penalty under President Obama's health-care overhaul for not getting insurance" according to analysts for the nonpartisan Congressional Budget Office, reported the Associated Press's Ricardo Alonso-Zaldivar yesterday. That's 50 percent higher than the 2010 prediction -- when ObamaCare was passed -- of 4…

The Kaine 'Gaffe' (Is It? Reuters' Zengerle Sure Thinks So): Va. US Se

September 20th, 2012 4:04 PM
Patricia Zengerle's coverage of U.S. Senate candidate Tim Kaine at Reuters assumes that the Democratic former Virginia Governor committed the mother of all gaffes today. I'm not so sure. It may be that David Corn's secret video of Mitt Romney commenting on the 47 percent of Americans who pay no income taxes and are dependent on the government is sending polling data in the opposite direction…

Another Thursday, Another Unemployment Claims Misdirection

September 20th, 2012 11:20 AM
Both the headline and opening sentence at Christopher Rugaber's Associated Press report on today's unemployment claims release from the Department of Labor tell readers that initial unemployment claims fell by 3,000 during the most recent week. Though Rugaber acknowledged that last week's initial figure was revised up, he didn't say by how much (3,000, from 382K to 385K), and of course didn't…

'Romney Is Finished' Update: RCP Average, After Correcting For Poll Co

September 20th, 2012 1:39 AM
As of midnight, Real Clear Politics showed Barack Obama with a 2.9-point lead over Mitt Romney in the average of the most recent six presidential election polls. One of those polls is a P-U production of Pew Research Center which shows Obama up by 8 points among 2,343 registered voters. The preposterous weighting of the sample is 37.1% Democrats, 30.6% Republicans, and 32.3% independents. Any…

AP Again Pretends That 'Housing Starts' Equals 'Housing Construction

September 19th, 2012 11:41 PM
Once again, a reporter from the Associated Press, aka the Administration's Press, has told a major fib about the situation in the new-home construction industry, thereby vastly exaggerating its degree of improvement -- claiming a 60% surge during the past nearly 3-1/2 years when it has been 15% at most. Today's figures from the Census Bureau on housing starts weren't terrible, but they surely…

For Once, the AP Headline Writers Get It Right; Fedex Aug. 31 Quarterl

September 18th, 2012 11:49 PM
It was probably an accident, but the Associated Press's headline writers, in framing the wire service's story about Fedex's quarterly results and economic outlook released earlier today, created a headline that the Obama administration will find completely unhelpful: "FEDEX SAYS ECONOMY IS STALLING, CUTS OUTLOOK." Most U.S. readers and probably most of AP's subscribing print, online, and…

Desperately Spinning Romney: Reuters Says 'Gaffe-Plagued' Romney Campa

September 18th, 2012 5:47 PM
Let's see. The supposed consensus at Real Clear Politics shows Mitt Romney trailing Barack Obama by less than three points. As shown yesterday, one of the most recent five polls used in RCP's calculations from CBS and the New York Times is so cooked that it weighted registered Democrats over registered Republicans by 35%-22% -- so you can easily knock more than a point from Obama's lead for…