New homes sales: Back from the dead? New home sales rise more than expected and prices post gains despite continued rise in completed new homes on the market. December 27 2006: 11:11 AM EST
NEW YORK (CNNMoney.com) -- New home sales and prices both showed surprising strength in November, according to a government report Wednesday.
New homes sold at an annual pace of 1.05 million, up from the revised annual rate of 1.01 million in October. Economists surveyed by Briefing.com had forecast that home sales would rebound to a 1.02 million pace.
Evening network broadcasts on the day after Christmas whined that a 6.5-percent increase in holiday spending for 2006 simply wasn’t enough. Ironically, only a month earlier CBS complained that Americans weren’t saving enough money. My colleague Julia Seymour wrote about the “humbug” attitudes of ABC, NBC and CBS here.
“Stores need more than returnees to turn this so-so Christmas shopping season into one to celebrate,” said Bill Whitaker during the CBS “Evening News.” Later Whitaker added that “in December the sizzle fizzled.”
But on Black Friday, CBS was singing a different Christmas tune:
You just knew it. "Today" was going to find a way to use the death of President Ford to take a shot at George Bush. You had to wait till the very end of the first half-hour, but sure enough, it came. The preceding twenty minutes had been a respectful review of the life of the 38th president. And after all, if there is one Republican president it's not too hard for the MSM to like, it was Ford, who replaced the hated Richard Nixon. Tom Brokaw even admitted that, in retrospect, Ford had made the right decision in pardoning Nixon.
But then came Ann Curry. Her mild demeanor can obscure one of the more baldly partisan hearts. Speaking with NBC consultant and presidential historian Michael Beschloss about Ford's handling of the Watergate aftermath Curry observed:
"I can't help but think we are now in troubled times as a nation. Very different, but still troubled times. Are there any lessons to be taken away, on this day when we mourn former President Gerald Ford, as we look to the future that still looks very murky."
The Associated Press reported moments ago that former President Gerald Ford died Tuesday:
Gerald R. Ford, who picked up the pieces of Richard Nixon's scandal-shattered White House as the 38th and only unelected president in America's history, has died, his wife, Betty, said Tuesday. He was 93.
Ford had battled pneumonia in January 2006 and underwent two heart treatments — including an angioplasty — in August at the Mayo Clinic in Rochester, Minn.
He was the longest living president, followed by Ronald Reagan, who also died at 93. Ford had been living at his desert home in Rancho Mirage, Calif., about 130 miles east of Los Angeles.
It amazes me that this Kwanzaa business has been washed of the real life criminal activity of its creator. The man was a race monger, a violent thug, a rapist, a torturer... just a horrible human being.
Yet never a word of this man's evil is ever uttered when his pseudo holiday is discussed in the MSM.
Kwanzaa turns 40 today. The colorful holiday, invented by California professor Maulana Ron Karenga in 1966, is like a jazz musician who fuses bits and pieces of music into a vibrant mosaic of sound. Kwanzaa, "first fruit" in Swahili, is a fluent, nonreligious holiday that borrows liberally from a patchwork of cultures and traditions.
Karenga originally created the seven-day observance to empower black communities and uplift black culture and identity.
..... On Saturday, the Security Council voted unanimously to impose sanctions on Iran for refusing to suspend uranium enrichment, increasing international pressure on the government to prove that it is not trying to make nuclear weapons.
..... Iran insists its nuclear program is intended to produce energy, but the U.S. and European nations suspect its ultimate goal is the production of weapons.
That's "funny." Here's an AP story from December 11 by Alicia Chang, AP Science writer, about potential global cooling that might occur as the result of a nuclear war that says:
Despite all the proof, Paul Krugman and most of Old Media will probably never let go of the "stagnant wages" meme to describe the Bush 43 prosperity. Their failure to acknowledge the obvious becomes clearer with nearly each passing day.
Tuesday's OpinionJournal.com feature editorial (may require free e-mail registration) doesn't merely show that the favorite meme of Krugman and his economic brothers and sisters is a folk tale. It also reveals a completely unreported item about this prosperity compared to the 1990s that even yours truly was not prepared for -- a truth (in the third excerpted paragraph) that needs to be trotted out on a weekly basis for about the next year -- or ten (bolds are mine):
Appearing on this Boxing Day edition of the Today show to plug tonight's airing of "In the Shadow of the American Dream," the latest in the “Tom Brokaw Reports” series, the former Nightly News anchor offered a variety of views on the subject of illegal immigration straight out of the amnesty-crowd playbook.
The Washington Post had a light-hearted headline for the day after Christmas at the top left of the front page: "Democrats Pledge to Restrain Spending." Lori Montgomery's article reflects a talk to the chairmen of the House and Senate budget committees. She reported they "said they will have little room in their budget blueprints for significant new domestic spending, such as closing a much-criticized gap in the new Medicare prescription-drug benefit that forces millions of seniors to pay 100 percent of drug costs for a few weeks or months each year."
But have no fear, Sen. Kent Conrad has an easy solution, as he emphasized war costs. "Raising taxes would certainly be an option...The President this is his policy. He's got an obligation to pay for it." So why isn't the headline "Democrats Say Raise Taxes"?
As Christmas Day approached, a host of cable television outlets were not afraid to take to the airwaves with "specials" that challenge conventional Christianity. Episodes from CNN, the History Channel, and National Geographic presented discredited and dubious information surrounding the life of Jesus and the history of early Christianity.
1. National Geographic took to the airwaves with "The Secret Lives of Jesus." The episode presented dramatized fables of Jesus as a mischievous youth who performs insidious acts and miracles. Jesus is also shown to have had a sensual relationship with Mary Magdalene. (Thankfully, the channel presented an expert who underscored that there is no evidence of any such intimacy.)
This is truly amazing - a major media organization with direct ties to major players in an incident in which 8 American soldiers are charged with murder and/or coverup. Yesterday I exposed the background of Majid Hameed, a Reuters reporter who had been incarcerated in Iraq due to questionable terrorist ties. Hameed wrote the Iraqis demanding justice story for Reuters on Friday 12/22.
Today while reviewing the excellent recap of Haditha reporting over at Euphoric Reality, I stumbled across a blurb about another Reuters reporter that was taken into custody along with Majid Hameed. This other Reuters employee's name is Ali Omar Abrahem al-Mashhadani.
For months before Election Day, Americans were brainwashed by the media concerning a Republican “culture of corruption,” and the need for the Democrats to clean it all up. Unfortunately, in the middle of this web of lies, the press chose to ignore the misdeeds of any politician with a “D” next to his or her name.
Sadly for America, some of the content in this front-page article by Jonathan Weisman has been available for almost a year and a half. But, investigative reporting like this that might out a Democrat was specifically verboten by members of the drive-by media before November 7 (emphasis mine throughout):
I considered making Paul Krugman's column, "Helping the Poor, the British Way", my subject of this Christmas Day. I even had a snappy headline sussed out: "Let It Snow Socialism". But when it comes to using the message of the day to berate the United States, Krugman can't hold a Christmas candle to James Carroll of the Boston Globe.
Krugman took a glancing shot: "It’s the season for charitable giving. And far too many Americans, particularly children, need that charity."
Penny-ante pessimism, Paul in contrast with James Carroll's jeremiad. In his column, Carroll - a former Roman Catholic priest who has written about his bitter conflict with his military-officer father - condemns the United States in explicitly religious terms:
"The birth of Jesus is the reversal of the imperial order. . . Empire lives in the United States of America, and, despite assumptions of many Christian Americans, Christmas still rebukes the empire."
U.S. President George W. Bush (2nd R) and first lady Laura Bush are joined by singers (L-R) Taylor Hicks, David Miller, Carlos Marin of II Divo and television's Dr. Phil at the conclusion of the Christmas in Washington program in Washington December 10, 2006. REUTERS/Mike Theiler (UNITED STATES)
Someone mentioned this video in one of the discussion threads, and it may be familiar to those that saw it almost thirty years ago. It's actually extra special, because it was filmed just months before Bing's death.