Remember all the (hopeful) recession talk recently by many in the mainstream media who found it hard to hide their desire for bad economic times to harm President Donald Trump's 2020 re-election? Some, such as Bill Maher didn't even try to hide their hope for a recession. In fact Maher was publicly hoping for such a recession to stop Trump. Well, sad news for them but very happy news for most others. Bloomberg News on September 20 reported that such dire economic hype is not born out by the economic data in "Hold That Recession: U.S. Indicators Are Trouncing Forecasts."
News consumers everywhere should prepare for the onslaught of climate change stories ahead of the UN climate summit next week.
Instigated by Columbia Journalism Review and The Nation, more than 250 media entities joined forces to foster urgency and action regarding the climate “crisis” and devote extra time to what CJR claimed was “the defining story of our time.” Partners included CBS, PBS Newshour, Bloomberg, AFP, Getty Images, Adweek, CQ and Roll Call, The Guardian, Newsweek, Rolling Stone and many more including a huge number of local media.
When 2020 Democratic presidential candidate and Senator Elizabeth Warren first proposed an annual wealth tax, she claimed it would be just “a little piece,” “a little portion” of the “bazillion” they’ve made.New evidence from her own economists revealed that her constitutionally-challenged two percent (or higher) annual wealth tax would take far more than a little. Try half or more.
On Wednesday night, news broke that fake news victim and Department of Labor official Leif Olson was reinstated to his position in the Wage and Hour Division after a hatchet job by senior Bloomberg Law reporter Ben Penn forced him out last week. Despite Bloomberg saying they took the false claim of anti-Semitism out of the headline, they refused to retract the story and/or apologize to Olson and only sought to “clarify”.
In the world of hacks like Jeremy Peters and Brian Stelter, only journalists should be able to ruin someone’s life over past statements or offensive lines that were either harmless or sarcastic. Unfortunately, that happened Tuesday as Bloomberg’s Ben Penn forced Labor Department official Leif Olson to resign after just 18 days because, according to Penn, had “a history of advancing controversial conservative and faith-based causes in court” and writing “a 2016 Facebook post suggesting the Jewish-controlled media ‘protects their own
Objectivity and truth-telling are no longer the most “sacred” responsibilities of the news media, at least according to the far-left The Nation magazine. It’s now … climate change. “We see Covering Climate Now as a fulfillment of journalism’s most sacred responsibilities, which are to inform people and foster constructive debate about common challenges and opportunities,” The Nation wrote on Aug. 28.
In just three nights of coverage, ABC, CBS and NBC evening newscasts spent more than 11 minutes talking about the threat of recession and economic worries mostly tied to one economic signal. The main reason for concern was that the yield on a particular short-term versus long-term Treasury bond inverted (generally long-term bonds have higher yields) and spooked investors on Aug. 14. This sent the Dow down by more than 800 points.
Even though some high-profile experts claim the U.S. is not headed for a recession right now, the liberal news media continued to promote economic pessimism during the summer of 2019.
Despite 3.7 percent (near record-low) unemployment, wage gains, confident consumers and growing economy, liberal journalists obsessed over recession every single day of June and July.
Following the horrific mass shootings in El Paso, TX and Dayton, OH, CNBC asked Visa CEO Alfred Kelly about the role of corporations in gun control. Kelly condemned the shootings and called for legislative action on gun control, but defended his company’s processing of gun sales on CNBC’s Squawk Alley August 7. CNBC technology reporter Deirdre Bosa asked him if his views had evolved over the past year. She cited other payment platforms like Apple, whose CEO Tim Cook slammed U.S. lawmakers’ “insanity” on the issue.
So much for the Fight for $15! Sen. Bernie Sanders, (I-VT), campaign created a PR crisis for himself after staff complaints that they were being paid “poverty wages” got leaked to the press.
That hypocrisy might have hurt him politically — if journalists had actually reported it. Although The Washington Post reported that his unionized campaign staff was upset over their pay, the networks and three national newspapers ignored the story. Staff were fighting to get the same $15-an-hour wages Sanders wants federally mandated. But all three network evening news shows as well as The New York Times, USA Today and the Los Angeles Times ignored the story between July 18 and 21, according to Nexis.
Far-left candidate Sen. Elizabeth Warren's (D-MA) latest plan to restructure the economy and regulate Wall Street came with a denouncement of private equity companies as “vampires.” MSNBC Live with Stephanie Ruhle boosted Warren’s so-called “economic patriotism” plan on July 18, but ignored that creepy insult. Nor did they discuss whether private equity firms are actually villains or being misrepresented by Warren. MSNBC anchor Stephanie Ruhle was practically grinning as she announced that Warren, whom she called “the candidate with a plan for everything,” was “out with another one, this time aimed at a very familiar target: Wall Street.”
The left have cheered Sen. Elizabeth Warren’s (D-MA) rise in the polls after the Democrat debates. Now they have pronounced her Wall Street’s choice for the 2020 presidential election. Bloomberg reporters Lananh Nguyen and Tyler Pager on July 3 praised Warren for drawing support from a “small but growing circle of senior bankers and hedge fund managers” on Wall Street. They presented Warren as an “acceptable alternative” to left-leaning Wall Streeters, in contrast to the candidates who “trigger their most visceral objections.” Of course, those candidates were President Donald Trump and democratic socialist Sen. Bernie Sanders (I-VT).