NASDAQ.com says that the Dow Jones Industrial Average closed down 58.56 points today. The S&P 500 lost 1.13 points, while the NASDAQ lost 2.96 points. In percentage terms, those losses were 0.39%, 0.07%, and 0.08%, respectively.
Even though there's usually a large element of speculation relating to why the broad markets go up or down on any given day, the pretend know-it-alls at CNNMoney.com seem to have had a pretty obvious preset agenda in their post-close email, as will be seen after the jump:
Brett Zongker, the reporter the Associated Press assigned to cover the World War II Memorial story yesterday in Washington, apparently felt compelled to try to find someone who would exclusively blame Congress for the memorial's closure. He failed, but pretended that he succeeded.
For those unfamiliar with the story, in an overrecation to the partial government shutdown, the White House, specifically, the Office of Management and Budget, ordered the open air WWII Memorial barricaded. Anyone attempting to shift the blame elsewhere, e.g., Harry Reid, isn't telling the truth. With the help of several Republican congressmen, a veterans' group there on a long-planned visit breached the "Barry-cades" and openes the memorial. Zongker's report took seven paragraphs to recognize that the congresspersons involved are Republicans, and, as noted earlier, blew his concluding attempt to assign blame (bolds are mine):
On Tuesday, Ron Binz, nominated by President Obama to head the Federal Energy Regulatory Commission, withdrew his name from consideration. Those who want to see the economy prosper should be relieved that the position described by Matthew Daly at the Associated Press as that of "the nation's top energy regulator" won't be occupied by a died-in-the-wool "renewable" energy radical.
The AP's Daly somehow kept the word "carbon" out of his coverage of Binz's withdrawal, even though, as the Wall Street Journal noted in a September 15 editorial which appropriately used the word 11 times, the man is obsessed with it to the point of wanting to establish, in the Journal's words, a "carbon-free paradise." Excerpts from Daly's dodging, followed by additional ones from the Journal's editorial, follow the jump.
The folks in office administration at the Politico had better put in for extra janitorial help. With all the horse manure their reporters are slinging during the partial government shutdown, it's gotta be getting knee-deep in those hoary halls.
One of the more egregious examples of insufferable obsequiousness today came late this morning via Edward-Isaac Dovere and Reid J. Epstein. You see, in their narrow world, President Barack Obama's stature has done a sudden and complete turnaround because he and Harry Reid have chosen to shut down the government (HT the Weekly Standard; bolds are mine):
Michelle Malkin's Twitchy.com has capsulized the Obamacare exchanges' opening day as follows (links are in the original): "HealthCare.gov tried to kick off the Obamacare marketplace this morning … and failed miserably. The website is an error-ridden mess and users are being asked for their patience as the marketplace works out “known issues” with security. But never mind the pesky bugs preventing people from signing up — HealthCare.gov is psyched!"
On the pretty safe assumption that the problems continue, three key questions arise. First, how much exposure will the establishment press give the snafus? Second, to the extent they give them attention, how will they present them — i.e., as "normal startup problems" or "poor execution and planning"? And third, how effective, if at all, will center-right truth-tellers be at breaking through to the general population? Hadas Gold and Kyle Cheney at Politico obsessed over these matters Saturday morning, and in essence virtually begged everyone to be patient (bolds are mine):
Calvin Woodward finally got around to "fact-checking" Obamacare's "slippery claims" this morning, 3-1/2 years after the Affordable Care Act became law and the day before open enrollment in its state insurance exchanges was to begin. Way to be there when it matters, Cal.
Woodward's report (also saved here for future reference, fair use and discussion purposes) also mixed in budget showdown issues, and buried President Barack Obama's original false claim, that "If you like your health plan, you can keep it," in a very late paragraph. Such courage (/sarcasm). Excerpts follow the jump (bolds are mine):
Isn't this rich? The New York Times, in a Sunday story placed on the front page of Monday's print edition, took shots at another news organization for leaking sensitive intelligence. The Old Grey Lady must think we all have short memories.
Unfortunately, Dylan Byers at the Politico does have a short memory — either that, or he's protecting the sacred Times and its history-challenged reporters Eric Schmitt and Michael S. Schmidt. Here's how Byers lays out the situation (bolds are mine throughout this post):
It's not yet a safe haven, but it seems that terrorist outfits are having little problem setting up Twitter accounts. It also seems that these accounts tend to stay up until someone complains, meaning that the company either has no effective mechanisms for detecting pro-terror sentiments and the gruesome pictures which sometimes accompany them, or isn't using them. The ease with which all of this can be done has not become much of a national story, even though becoming one would seem to be a natural outgrowth of last week's Kenya mall attack, given that one such Twitter account gleefully posted attack photos.
Here are some of the specfiics from Bridget Johnson at PJ Media (bolds are mine):
Google News really needs to work on its results counter. The first page of its 10:15 p.m. search listings on [Obama "widespread evidence"] (typed exactly as indicated between brackets) tells us that there are "about 90 results," but moving to the second page of listed results shows there are only 11 (technically 13, because the first listing on the first page has three items).
Those sparse results, none of which except for Fox News would be considered an establishment press outlet, show that the press, including Darlene Superville at the Associated Press in an onsite report, has ignored the following howler delivered by President Barack Obama in Largo, Maryland on Thursday: "There's no widespread evidence that the Affordable Care Act is hurting jobs."
Overheated and intellectually dishonest statements this weekend revolving around the impending government shutdown have not been limited to politicians in Washington, or even to pundits and commentators.
Saturday at the Associated Press, aka the Administration's Press, Josh Lederman, in a "Spin Meter" story, falsely claimed that Obamacare opponents believe that the law will mandate the government's killing of patients. See how he does it after the jump (bolds are mine throughout this post):
Whether the ice caps are melting and by how much may be debatable, but the debate is over as to whether former Wall Street Journal weatherman Eric Holthaus, who now works at Quartz (qz.com), has had a meltdown.
In a series of tweets on Friday afternoon (scroll down at link; HT Twitchy), Holthaus told the world of his reaction to the latest wave of hot air emanating from the Intergovernmental Governmental Panel on Climate Change, and actions he plans to take to respond to it (most recent tweet is first; underlines are mine):
Joshua Freed's Friday afternoon report on the week's results in the stock market at the Associated Press spent nine paragraphs telling readers how the current budget battle in Washington and possible government shutdown are causing stocks to retreat.
Though he obviously didn't admit it, Freed's narrative fell apart in later paragraphs as he discussed "mixed economic signals" which aren't mixed at all. They range from "pretty bad" to "really bad." Excerpts, mostly about the "mixed signals," follow the jump (bolds are mine throughout this post):
I guess the Associated Press's business and economics reporters feel they've done their jobs if they mention the relative donominance of new workforce entries by temps and part-timers once, while still denigrating the obvious validity of the latter — and pretend it never has to be mentioned again.
That's how the AP's Christopher Rugaber can produce a writeup, as he did today, telling readers that "The job market is sending signs that it may be strengthening," which contains no reference to part-timers or temps, obviously because that would disrupt the "improvement" meme. Excerpts follow the jump (bolds are mine):
The Census Bureau reported today that sales of new single-family homes in the U.S. reached an annualized level of 421,000 in August. That was up by almost 8 percent from July, but a whopping 15 percent below the 497,000 the bureau originally reported for June (two subsequent revisions have taken that number down to 454,000). Given the shock decline to below 400,000 in July, August's bounceback was clearly inadequate. Additionally, as Zero Hedge noted this morning, the median new-home sales price fell to its "lowest level since January 2013."
Back in June, Texas State Senator Wendy Davis became a national darling of the left when she filibustered in opposition to legislation, ultimately passed in July, which bans most abortions in the Lone Star State after 20 weeks of pregnancy and "requires doctors performing an abortion to have admitting privileges at a hospital within 30 miles of the abortion clinic."
The arch-liberal Huffington Post was among those losing all perspective over the alleged wonders of Wendy Davis. An astute tweet carried at Twitchy.com (original tweet here) notes that at one point it headlined Davis's stalling tactics as "THE FILIBUSTER HEARD 'ROUND THE WORLD." Now let's compare how HuffPo is treating Texas Senator Ted Cruz's filibuster:
As Brent Bozell at NewsBusters noted earlier today, news of the forced retirement of the IRS's Lois Lerner, the agency's chief orchestrator of the campaign which targeted tea party and other conservative groups for extra scrutiny in their applications for not-for-profit status, "was censored by ABC, CBS, and NBC."
In what may surprise some, that lack of coverage didn't occur because of the Associated Press. Stephen Ohlemacher's story was mostly well-done, with two significant exceptions.
It's amusing to see how the left reacts when things don't work out as predicted. Earlier today (at NewsBusters; at BizzyBlog), I noted how USA Today's Kelly Kennedy described a major malfunction in Obamacare which will cause hundreds of thousands of children to go without health insurance next year as a "glitch."
On the "climate change" front, those darned "glitches" abound. In an item today about the Intergovernmental Panel on Climate Change, Karl Ritter at the Associated Press attempted to report on how the IPCC plans to address the fact that there hasn't been any global warming, human-caused or otherwise, since the late 1990s. A hilarious headline spewed forth, followed by eruptions of ridiculous and hysterical words (HT James Taranto at the Wall Street Journal's Best of the Web; bolds and numbered tags are mine throughout this post):
You have to wonder what it will take for anyone in the establishment press to call out a major malfunction associated with Obamacare for what it really is. The threshold is apparently something worse than hundreds of thousands of children, many of whom previously had coverage, going without health insurance.
One of the latest headlined examples of reality avoidance first appeared at USA Today's web site Monday evening (the current 11:55 p.m. time stamp indicates that there has since been a story revision): "'Family glitch' in health law could be painful."(Could be?) Additionally, as seen here (HT Twitchy), that pathetic headline to Kelly Kennedy's story also appears in McPaper's Tuesday print edition (bolds are mine):
On Friday, Allan Brauer, the Sacramento County Democratic Party's communications director directed the following tweet (HT Twitchy) at Amanda Carpenter, a speechwriter for Texas Senator Ted Cruz: "May your children all die from debilitating, painful and incurable diseases."
Brauer's action got the attention of Leslie Larson at the New York Daily News and myriad national web sites across the ideological spectrum, including Mediaite, PJ Media, and The Blaze. But at the Associated Press, it's a California-only story worthy of only five paragraphs (reproduced in full for future reference, fair use and discussion purposes):
On Thursday, Ken Shepherd at NewsBusters noted that Kansas University journalism professor David Guth, in the wake of Monday's Navy Yard murders, tweeted, "The blood is on the hands of the #NRA. Next time, let it be YOUR sons and daughters. Shame on you. May God damn you." In an update which now also includes a defense of Guth by a former student, Ken noted that he has placed on administrative leave. Yesterday, I noted that the headline at the Associated Press's national site after Guth's suspension ("KU Professor Takes Heat Over Twitter Comment") avoided mentioning KU's discliplinary action against him. Perhaps in response to my post yesterday, the AP has changed the headline in stories with later time stamps to "KU Professor on Leave After Tweet Directed at NRA." But AP's updates still relay information about certain Kansas legislators' campaign contributions from gun rights groups — as if they're at all relevant.
In the wake of his placement on leave, Guth told AP, in the wire service's words, that "gun rights advocates had orchestrated a social media campaign against him," while asserting in his own words that "my plan is to be the calm in the center of the storm." Part of that "calm" apparently involves keeping others from digging into his Twitter history, because it's gone:
The Associated Press, in story carried at Channel 6 in Lawrence, reported (HT Twitchy) that a Kansas University professor has been "placed on administrative leave" after he issued the following tweet concerning Monday's Navy Yard murders: "The blood is on the hands of the #NRA. Next time, let it be YOUR sons and daughters. Shame on you. May God damn you." A NewsBusters post by Ken Shepherd yesterday, since updated to note his placement on leave, noted that Guth is an avid gun-grabbing advocate and that his Twitter account links to KU.
The AP apparently wants those who peruse its national site to skip their story on Guth. The item's headline belongs in the "this is boring, don't waste your time" wing of the Journalism Hall of Shame:
With the Associated Press, aka the Administration's Press, it's always a good idea to verify whether a claimed correction has truly taken effect.
In the case of the wire service's claim, relayed by Paige Lavender at the Huffington Post, that Aaron Alexis used an AR-15 in the Navy Yard murders yesterday, it hasn't really happened. Lavender's relay claiming AP's correction and containing some of its alleged text (HT Twitchy.com) was suspicious on its face:
As usual, the AP and Kuhnhenn didn't look back at how U.S. Senator Barack Obama's debt-ceiling posture in 2006 sharply differed. Today, Mark Knoller at CBS New, after setting up Obama's plans for the day, which included speaking to Business Roundtable CEOs, did so in a series of tweets (HT Twitchy; bolds are mine):
It's Science 101 time for the editorialists at the Washington Post, whose opposition to Virginia GOP gubernatorial candidate Ken Cuccinelli is so fierce that they will literally twist the facts of life to fit their agenda.
As Steve Ertelt at Life News noted Tuesday afternoon, the editorial involved includes "a rather un-scientific claim," namely that "an unborn baby shortly after conception" doesn't achieve status as a "living being" until implantation in the mother's womb.
At the New York Times on Tuesday, Michael S. Schmidt claimed that "The suspect in the killing of 12 people at the Washington Navy Yard on Monday test-fired an AR-15 assault rifle at a Virginia gun store last week but was stopped from buying one because state law there prohibits the sale of such weapons to out-of-state buyers, according to two senior law enforcement officials."
The portion of that statement about being "stopped from buying" an AR-15 isn't true, writes Emily Miller at the Washington Times, not only because "state law" wouldn't have prevented such an attempt, but also because Aaron Alexis didn't even try to buy one. Miller asserts that the New York Times "should issue a correction immediately." She also decries the establishment media's "obsession" with tying the AR-15 to the Navy Yard shooting (bolds are mine throughout this post):
A 6 p.m. Google News search on "Occupy Movement" (not in quotes, sorted by date) returned 69 items dated September 16 and 17.
The same search adding the word "capitalism" returned only two items. This is odd, because, as one of the two items returned noted, "capitalism" — as in ending it — is the core platform of the few who remain involved with the two year-old movement.
If President Barack Obama is losing Al Hunt, there is definitely trouble in Lefty-land.
But let's not go too far. In the midst of leveling criticisms at Obama as "bordering on incompetence," the former host of CNN's Capital Gang and executive editor at Bloomberg News, who is now a Bloomberg View columnist and host of a Bloomberg TV's Political Capital Sunday news show, cited three examples of supposedly indisputable George W. Bush administration incompetence, none of which fits the description.
Thanks, Dylan Byers. You've done those who recognize liberal establishment press bias as an irrefutable reality a big favor.
The Politico media reporter's lengthy excerpt from a longer column — I'd call it a "tease," but it's 14 paragraphs — is entitled "Obama Loses the Media." That means Obama has had 'em in his pocket until now. The rumors of permanent loss are likely exaggerated. Several paragraphs from from the lengthy excerpt and the column itself follow the jump.
In a bizarre writeup which alternates between harsh criticism and a pity party about President Barack Obama's "toughness" or lack thereof in the wake of the withdrawal of Larry Summers from consideration as the next head of the Federal Reserve, Politico's Jonathan Allen unleashed a ridiculous assertion about the history of the administration's Syrian adventure: "In another debate that never came up for a vote the White House could have easily lost, Obama was led into asking Congress for approval to bomb Syria."
One wonders how the leader of the still most powerful country on earth can be "led" into anything, but especially in this case, given that it was Obama who came up with the "brilliant" idea of asking for Congressional authorization even though he said he didn't need it.
One thing which is almost as reliable as the sun rising in the east is the Associated Press, aka the Adminstration's Press, putting a better face on the federal government's fiscal situation than it deserves when a Democrat is in the White House. Almost as reliable is the arrival in a related report of some kind of statement about spending cuts which describes them as "deep," "steep," or some other awful adjective.