As oil flirts with $100 a barrel, guess who is getting gold stars for reporting ... NPR.
National Public Radio's "Morning Edition" stories on $100 a barrel oil this week have featured some underreported views on the industry: The economy is surviving the higher costs, and the oil companies are using the profits for future exploration.
Reporter Jim Zarroli told NPR listeners what was supposed to happen, saying, "Time and again, economists from Alan Greenspan on down have warned that oil prices are inflationary ... Interest rates go up, borrowing becomes more difficult, and growth slows."
But, Zarroli also pointed out the unique trend that gets little coverage: Despite the rise in oil prices since March 2007, the economy has continued to grow at a strong pace.
There's more than one way to survive the rising cost of oil.
After Wal-Mart (NYSE:WMT) reported higher third-quarter earnings and predictions of a "strong" holiday shopping season, the Dow Jones Industrial Average (DJIA) surged 320 points after taking a battering over the previous week.
TVNewser has an item today about MSNBC's David Shuster blasting Rudy Giuliani and Fox News brass while announcing a lawsuit involving the rival news channel (h/t Ian Schwartz):
This is how MSNBC's David Shuster, who once worked for FNC, reported the story in the 9amET hour:
"This is bad news, perhaps not just for Rudy Giuliani, but also for Fox News Channel. Roger Ailes who is in charge of Fox News, a close friend of Rupert Murdoch, he's been close friends with Rudy Giuliani for 20 years. Fox News commentator Sean Hannity led a Giuliani fund-raiser."
"Here you have a $100 million lawsuit in which Judith Regan is alleging that there was a smear campaign against her to protect the political agenda of Fox News of News Corp. and that that political agenda was to protect Rudy Giuliani"
On CBS’s "Sunday Morning" this past weekend, reporter Martha Teichner did a profile of recently deceased ultra left-wing author, Norman Mailer, who she described as "... a hell of a big man for a short guy, scrappy, brilliant, controversial. Slugging away at life and letters until the very end." Of course, this was the same Norman Mailer that said of the World Trade Center in October 2001: "Everything wrong with America led to the point where the country built that tower of Babel, which consequently had to be destroyed."
Later Teichner remarked that "Mailer was unapologetically liberal, anti-war, anti-Nixon, anti-establishment." Well, he certainly was "anti-establishment" when he said to a "London Telegraph" reporter in February 2002, "America has an almost obscene infatuation with itself...The right wing benefitted so much from September 11 that, if I were still a conspiratorialist, I would believe they'd done it."
At another point, Teichner observed that "Norman Mailer loved playing the political provocateur." That proved true when in 2003, Mailer asserted to the "London Times" that, "Bush thought white American men needed to know they were still good at something. That's where Iraq came in...."
"The View’s" Joy Behar considers prayer a "distraction" from achieving scientific results. On the November 14 edition of "The View," the co-hosts discussed Georgia Governor Sonny Perdue’s prayer service for drought relief. Whoopi Goldberg, surprisingly defended the governor, but Joy Behar, just like Rosie O’Donnell, fretted about the "separation of church and state," and hinted the Georgia residents should be praying to Al Gore instead.
"Well, they need to be praying to people who will fix global warming and take care of the environment because that's more realistic."
In an Andy Rooneyesque rant about how his latest movie-going experience "left much to be desired," CBS White House correspondent Mark Knoller hinted he wouldn't mind seeing liberal consumers groups tackle hefty snack prices at the nation's movie theaters. He even suggested the short titles for two bills Congress could draft on that front.
From Knoller's November 12 Couric & Co. blog post (emphasis mine):
The fact is, most movie theaters are glorified snack bars. On average, they keep only 50% or less of the ticket price, far less for blockbusters in their opening weeks. Much of a theater’s profit comes from the concession stand.
Regal, one of the nation’s largest multiplex chains, reported the 3rd quarter profit margin at its snack bars exceeded 86%.
And the markup – especially on popcorn – is eye-popping. The Los Angeles Times last year calculated that just $30 of raw popcorn can translate into as much as $3,000 in sales at the snack bar.
That sounds like a markup that would make the oil industry blush.
Is the National Aeronautics and Space Administration filled with climate change deniers?
Such seems likely to be alleged by hysterical alarmists in the press when and if they read a new study out of NASA which determined that "not all the large changes seen in Arctic climate in recent years are a result of long-term trends associated with global warming."
Goes quite counter to all the recent media reports, as well as assertions by Nobel Laureate Al Gore, that low ice conditions in the Arctic are all the fault of that despicable -- albeit essential to life and naturally occurring! -- gas carbon dioxide.
Of course, it's quite unlikely many climate alarmists will even hear about this study, for today's green media wouldn't want to do anything that destroys their illusion that there's a scientific consensus regarding this matter.
As such, consider yourself fortunate to be apprised of the highlights (emphasis added throughout):
In a recent CBN News report by Melissa Charbonneau on the Fairness Doctrine, jaws dropped across the conservative-Christian segment of America at this section:
Liberals, such as radio host Bill Press, say it's only fair for government to rein in right-wing broadcasters who dominate the airwaves licensed by the government.
"Conservatives rule talk radio," Press said. "Conservatives have their own powerful television network: the only one, the most powerful in the country, the most watched. Liberals have none. Conservatives rule the op-ed pages of all the newspapers."
I was invited in to discuss our PBS Special Report on how there's not exactly a Fairness Doctrine ruling the increasingly liberal taxpayer-funded network. It's a good thing I wasn't in the middle of a glass of water when that quote aired.
Anchor Lee Webb asked me to respond to Press, and I simply said that's not the way conservatives see it. Maybe I should have just said "Bill Press knows better."
Thanks to changes being implemented by the newspaper industry's Audit Board of Circulations (ABC), it may be, as I suspected in a previous post (NewsBusters; BizzyBlog) that the 30-month analysis of newspaper print circulation drops I did last week (NewsBusters; BizzyBlog) is the last "clean" one I'll be able to do.
The ABC announcement is here. Editor and Publisher's Jennifer Saba describes the changes that appear likely to prevent meaningful comparisons of new circulation figures to those in prior reports (bolds are mine; HT to Recovering Journalist, whose post on the topic is hysterical, though I always thought that CPAs were the ones who answered "What do you want it to be?" when asked "What is 2 + 2?" :-->):
Reading this HuffPo entry from "Inconvenient Truth" producer Laurie David and environmental activist Gene Karpinski, it's hard to not come up with the impression that these two are a bunch of whiners.
Both are outraged (!) that NBC host and former Democratic strategist Tim Russert is not as obsessed with global warming as they are.
What's even funnier (unintentionally of course) is that David and Karpinski frame their outrage around the recent NBC Universal PR campaign "Green Is Universal," which was nothing more than a corporate-driven shillfest designed to drum up interest in parent company General Electric's non-fossil fuel offerings. (So much for the left-wing lie about corporate "conservatism.")
Tim Russert's real sin was that he didn't parrot the company line like a good liberal media hack. The arrogance is stunning. A billion-dollar media empire devotes an entire week to promoting their pet issue and yet it's still not enough for David and Karpinski. Whine excerpt is past the jump:
When thinking of Hillary Clinton, do the adjectives "moderate" and "spontaneous" spring to mind? They do for Joe Klein, assigned by Time magazine to write its cover-story profile of her last week.
Joe Scarborough let Klein's characterization slide this morning. But when Klein played the "spontaneous" card on last night's "Hardball," Chris Matthews devastated him with a clip of Hillary at her wooden worst [second video link, at foot].
Klein offered his assessment during the 8:30 AM ET half-hour of today's "Morning Joe.
Q. Who could possibly be "surprised" that in choosing women to date, college-aged men tend to prefer beauty over brains?
A. An Ivy League professor.
What is truly surprising is that Maureen Dowd thinks this commonplace about men's preferences has implications for Hillary's campaign strategy. Dowd propounds her odd theory in her column of this morning, "Should Hillary Pretend to Be a Flight Attendant?"
After reading an excerpt from our new book "Whitewash" at National Review Online, the Hillary lovers are fighting back. In his "Horse's Mouth" blog at Talking Points Memo, liberal blogger Greg Sargent accuses us of "amusing mendacity" for taking former Time reporter (and gushing Hillary fan) Margaret Carlson out of context. We wrote in the book (and the NRO excerpt):
They have shamelessly served as cheerleaders for Mrs. Clinton from the moment she emerged on the national scene in 1992, with Time’s Margaret Carlson describing her as "an amalgam of Betty Crocker, Mother Teresa, and Oliver Wendell Holmes."
Sargent asserted: "Wow -- did Margaret Carlson really describe Hillary in such gushing and cringe-worthy terms? Well, no, as it turns out. No, she didn't. The original article Carlson wrote is still online," and he used a larger quote:
Apparently, the Arizona Republic cannot discuss the work of globaloney skeptic Robert Balling of Arizona State University without constantly pointing out that his "peers" think he is an idiot that has been bought off by "industries." The paper cannot write a story about his career without constantly suggesting that he is a "fringe" scientist and that he is "criticized" by those who imagine global warming is the biggest threat humanity faces today.
What's more, the Republic finds his personal life filled with "surprising contradictions" because this climatologist has a green lifestyle, as if any global warming critic must automatically believe in poisoning our waters and polluting our skies. Apparently the Az Republic thinks it's impossible that a man can be interested in safeguarding the environment but also believe that global warming is a sham. And, even worse, the Az Republic seems aghast that Rush Limbaugh has quoted from the man's work.
Trying to create a scandal over Republican presidential candidate John McCain's failure to rebuke a woman supporter who called Hillary Clinton a “bitch,” CNN's Rick Sanchez led Tuesday night's Out in the Open with what he insisted was the “relevant and newsworthy” topic as he seriously asked: “Is John McCain done as a result of this?” He later speculated: “Is his campaign dead in the water?” Betraying the skew of those at CNN, Sanchez told guest Amy Holmes: “He could be in trouble for this from women, especially the ones that've been talking to me today in our newsroom who heard this and were offended.” Sanchez's spin matched that of left-wing bloggers, a story in Wednesday's New York Times revealed: “The clip began showing on Web sites like Salon.com, the liberal site TPM.com and others, with bloggers asking why Mr. McCain had not taken the questioner to task.”
Setting up the video, Sanchez haughtily intoned: “You're going to hear a McCain supporter. She refers to Hillary Clinton using really what is a horrible word that is used to do nothing but demean women. Well, at the time, it was a supporter who said that. It wasn't until later on, when we watched the whole tape, which is what you're about to see, that you see McCain's reaction, or lack thereof, that we decided that this is both relevant and newsworthy, and important information to this campaign.” An older woman at an event in South Carolina had asked: “How do we beat the bitch?” An appalled Sanchez complained: “He says 'that's an excellent question,' after somebody refers to Hillary Clinton as a B-word which rhymes with witch.”
Remember that big announcement I promised earlier? Well, it’s now official.
Newsweek press release
FOR IMMEDIATE RELEASE: Tuesday, November 13, 2007
MARKOS MOULITSAS, FOUNDER AND PUBLISHER OF DAILYKOS.COM, TO BECOME NEWSWEEK CONTRIBUTOR FOR 2008 PRESIDENTIAL CAMPAIGN
New York — Markos Moulitsas, the founder and publisher of dailykos.com, will become a Newsweek contributor for the 2008 presidential campaign, offering occasional opinion pieces to the pages of the magazine and to Newsweek.com.
"We have always sought to represent a diversity of views in Newsweek, and we think Markos will be a great part of that tradition," said Newsweek Editor Jon Meacham. "He will give our readers in print and online a unique perspective. As always, our job is to create the most energetic and illuminating magazine possible, and Markos will help us do that as the campaign unfolds."
The first month of fiscal 2008 was a success for all active and reserve military components.
In a meeting with Pentagon reporters today, Pentagon spokesman Bryan Whitman said all components met or exceeded their recruiting goals for October.
On the active-duty side, the Army made 101 percent of its goal of 4,500, with 4,564 recruits. The Navy made 100 percent of its goal of 2,788 recruits. The Marine Corps made 102 percent of its goal of 2,720, with 2,788 enlisting. The Air Force made 100 percent of its goal of 2,656.
It's hard to overstate the importance of the study released today by the Treasury Department ("Income Mobility in the U.S. from 1996 to 2005"; press release; full study PDF).
That's because it provides documented evidence of more, not less, economic mobility than in previous eras. Beyond that, taken in combination with an independent report I covered last week, it demonstrates beyond any reasonable doubt that the first four-plus years of the Bush economy were exceptional.
Tuesday's read-the-whole-thing feature editorial at OpinionJournal.com provides a great overview (bolds are mine), plus some tantalizing details:
Airing on PBS tonight at 8 p.m. is “Judgment Day: Intelligent Design on Trial”, a two hour documentary that tells the story of the Dover case. The ACLU are super-excited!
Of all of the cases the ACLU has taken on in the last few years, our challenge to the promotion of “intelligent design” in Dover, Pennsylvania’s public schools is one that truly speaks volumes about our work - work that ACLU supporters like you make possible.
That is why I wanted to let you know about an upcoming program highlighting this landmark case.
Who needs Hollywood writers when real life is typically much funnier?
To prove the point, a protester at the University of California, Berkeley, fell out of a tree Sunday evening, fortunately only breaking his wrist and ankle.
The punch line?
He thought it was the school's fault for putting fences around the trees in order to prevent folks from climbing them.
Of course, the injured tree-hugger could have blamed his injuries on President Bush, but, as reported by the San Francisco Chronicle, I digress (emphasis added for your entertainment pleasure, h/t Michael Savage):
Tuesday’s CBS "Early Show" featured a segment on a recent Veteran’s Affairs report that outlined "an alarming suicide rate among veterans," according to co-host Julie Chen. Reporter Armen Keteyian then previewed an upcoming "Evening News" segment on the findings and shared the stories of particular veterans who served in Iraq:
Staff Sergeant Justin Reyes spent a violent year serving in Iraq...Medical records show Justin suffered severe psychological trauma after witnessing "multiple dead" and having to "sort through badly mutilated bodies." Earlier this year, one month after separating from the Army, Justin hanged himself with a cord in his apartment, at just 26...families recently sat down to talk about losing loved ones, all veterans of Iraq, to suicide...Mia Sagahon's boyfriend, Walter, shot himself at age 27 about a year and a half after he came back from Iraq.
Keteyian got a response from Democratic Senator, Patty Murray (D-Wash.) on the issue: "That's a lot of young men and women who've gone to fight for us, who've come home and found themselves that lost."
In the most florid criticism I can recall a network "correspondent" leveling at a major party presidential candidate, MSNBC's David Shuster has branded Rep. Tom Tancredo (R-Colo.) a border-control "fanatic."
The editorializing came in the course of Shuster's report during today's 5 PM ET "Hardball," which included an update on the GOP primary.
DAVID SHUSTER: No television commercial in Iowa is generating as much heat as the one just unveiled by Republican Tom Tancredo, a border-control fanatic.
What's another $500 taken out of your paycheck over the course of a year? It probably isn't much to global warming alarmists like Al Gore, but that's what it could cost you if legislation pending in the U.S. Senate is passed into law.
Does that $500 have your attention? Well, multiply that times every member of your immediate family.
According to a November 11 Washington Times editorial, a bill introduced in the Senate by Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.) that would require companies to scale back greenhouse-gas emissions could cost Americans $4 trillion to $6 trillion over the next 40 years.
If that bill were passed and made law, the tax would cost every man, woman and child - more than 303 million Americans - $494 a year, a significant burden on the U.S. economy.