A November 15, 2010 blog post by Michael S. Derby at the Wall Street Journal ("San Francisco Fed Official Says QE2 Is Working") told us that "The Federal Reserve‘s recently announced plan to buy $600 billion in Treasury securities to improve economic growth is having a positive effect on growth." The Fed official involved also predicted "the U.S. gross domestic product to come in at 2.5% this year (2010), and at 3.5% next year and 4.5% the year after that."
Uh, not exactly. Actual GDP results: 2.5% in 2010 (that was a gimme), followed by 1.8% and 2.8% in 2011 and 2012, respectively. Almost three years letter, the San Fran Fed's acknowledged result of that effort at "quantitative easing" — it "added about 0.13 percentage point to real GDP growth in late 2010" — is starkly different, and is only "positive" if you think a football team managing one field goal in four quarters is "positive." Of course, though it should be, the news is getting very little coverage.
On Wednesday at CBSnews.com, Sharyl Attkisson reported that "Three more weapons from Fast and Furious have turned up at crime scenes in Mexico."
A Google News search at 10 a.m. on ["Fast and Furious" guns] (typed exactly as indicated between brackets, past 7 days, sorted by date, with duplicates) returned 26 relevant items. Very few (to be noted later) are from establishment press outlets.
At the conclusion of his report on the federal government's July Monthly Treasury Statement, the Associated Press's Martin Crutsinger wrote that federal spending through the first ten months of the current fiscal year is "down 2.9 percent from a year ago," and that the decline "reflects, in part, automatic government spending cuts that began taking effect March 1."
Those "automatic cuts" represent only a very small part of the decline, as will be seen after the jump.
It's fair to say that about the only holdouts against the idea that part-time work is up and that employee hours are being reduced around the economy are the Obama White House and a few Obama White House alumni. It's also fair to say that there are very few holdouts against the idea that the cause for this is Obamacare's 30-hours-per-week definition of a full-time employee, which is causing far more businesses than usual to cut existing workers' hours and to limit their hiring to part-timers. Even Obama-sympathetic NBC did a report on Obamacare's impact earlier this week. The White House dismissed what NBC found as "merely anecdotal."
All along, everyone — yes, this includes yours truly — has been concentrating on overall changes in the average work week, which have been very minimal. But Jed Graham at Investor's Business Daily, doing work which apparently no one else in the business press has been willing or discerning enough to do for all these months as the issue has raged, identified four industry sectors where average weekly hours have dropped significantly, and where it's hard to claim that anything except Obamacare could be the culprit.
On Friday, Eric Holder's Department of Justice gave the memory-hole treatment to wildly inflated statistics released last October about the number of cases and the amount of money involved in DOJ's mortgage fraud enforcement efforts.
Bloomberg News reporters who had discovered that the original numbers were suspect had been getting stonewalled for months in their efforts to get answers to their queries, and finally got them through the document-dump route. The differences are stark.
An August 6 opinion column at the Politico labeled co-authors Jared Bernstein and Paul Van de Water as "senior fellows at the Center on Budget and Policy Priorities." CBPP, that oxymoron known as a "leftist think tank," went unlabeled. The Politico also must have thought that Bernstein's background as the Chief Economist and Economic Adviser to Vice President Joseph Biden from 2009 to 2011 was irrelevant.
That's okay. Any reader could tell from the piece's headline and content that it was a shameless, reality-avoiding propaganda piece (bolds and numbered tags are mine):
One has to sift through the biased blather to get to it, but Mary Clare Jalonick's August 1 coverage at the Associated Press, aka the Administration's Press, of the House's plans to rein in the Supplemental Nutrition Assistance Program, still popularly called "food stamps," contains an important admission which most of the establishment press has avoided as the program's costs and enrollment have skyrocketed, all in the name of preserving the false impression that the program is exclusively about preventing people from starving.
As usual, one of those distractions is the tired idea that what the House is proposing represents harmful "cuts," when what is really occurring is a long overdue and yet still watered-down effort to target benefits to the truly eligible and prevent their disbursement to people who either don't need them or shouldn't get them (bolds and numbered tags are mine):
Saturday evening, a friend suggested that I watch the midnight rerun of Judge Jeanine Pirro's Fox News program for her interview segment with a Democrat and a Republican about this weekend's closing of 22 embassies overseas in response to terrorist threats.
Ryan Clayton was the Democrat whose arguments blaming George W. Bush's administration for the current level of threats in the Middle East were so weak that he was reduced to childishly reminding viewers that 9/11 happened on George W. Bush's watch (as if we didn't know, and as if eight years of previous Clinton administration weakness were irrelevant). Clayton has an interesting history, which I will note at the end of this post. The Judge Jeanine segment follows the jump.
In this case, the old saying, "Better late than never" really shouldn't apply. In June, when the government's Household Survey used to determine the unemployment rate reported that there were 240,000 fewer full-time workers and 360,000 more part-time workers than there were in May, the establishment press, particularly the Associated Press, largely ignored or downplayed the result.
The AP's Christopher Rugaber broke the ice a bit in early July after June's jobs report, and the wire service has finally gone full-bore into noting the trend towards part-time work in the past two days. But while the press slept for months, center-right bloggers and many others have been chronicling the trend anecdotally since late last year, and gradually with solid numbers from the government's own reports as the year has worn on.
Al Kamen’s In The Loop blog on the Washington Post’s website needs to be renamed. It’s become unhinged. Emily Heil’s July 31 post for the feature literally blamed sequestration for the Snowden fiasco. Yes, according to Heil, because of that horrible, debilitating fiscal hatchet that Congress dealt last spring, Snowden was able to spill the beans on the NSA’s surveillance operations.
Despite the evidence that the effects of the sequester were minimal at best, Heil pressed in her post that Snowden just would’ve been a normal government contractor collecting paychecks if such a policy hadn’t been executed. Right, because the editorial board at the Washington Post has a magic crystal ball that nobody knows about. Did I mention the main source for such a claim is none other than... Snowden’s father?!:
Sarah Palin, call your office. PolitiFact, you've been refuted again.
In the later sections of a Wall Street Journal column on Sunday (in Monday's print edition), former Vermont Governor and unsuccessful 2004 Democratic presidential candidate Howard Dean wrote in opposition (HT Twitchy) to Obamacare's Independent Payment Advisory Board, calling it "essentially a health-care rationing body." We'll let former Alaska Governor Palin take it from there with her August 7, 2009 Facebook post (bolds are mine throughout this post):
Pretty much all you need to know about the current negligent media culture in Washington is summed up in two items involving the Politico's home page this morning -- one which is there, and one which isn't.
The featured story at top of the home page by Byron Tau is about infighting between "Big Marijuana" -- it seems like "Big Pot" would be a more succinct nickname -- and those who want to extend recent electoral victories in legalizing the drug. What isn't there on the home page, as confirmed in a word search, is any story with a headline or tease containing "IRS."
The establishment press's general refusal to cover clearly newsworthy developments in the Obama administration scandal involving the targeting of conservative, tea party, prolife and other groups by the Internal Revenue Service has been so negligent and blatant that several leading conservatives, including the MRC's Brent Bozell and talk-radio host Rush Limbaugh, called it out in an open letter earlier this week.
Consistent with the rest of their colleagues, the Associated Press, aka the Administration's Press, appears to have had no substantive story on the scandal since July 18 -- and that one was about primarily Democrats beating the false meme that progressive groups were supposedly targeted similarly. The AP's negligence extends to the tax agency's shocking level of non-cooperation with House Ways & Means Committee investigators, as will be seen after the jump.
Scott Pelley devoted a minute and a half segment to the IRS scandal on Wednesday's CBS Evening News, the first time that the Big Three newscast had mentioned the issue in a month. Pelley asked Treasury Secretary Jack Lew if "any political appointee had oversight of the decisions that were made around the Tea Party applications", and reported on some of the recent developments in the scandal.
Mere hours later, Thursday's CBS This Morning didn't even cover the IRS portion of the Lew interview, but did play a clip of Pelley asking the Cabinet official about the economy.
If the employment numbers seem better than one might have expected during the next few months, it may have nothing to do with private companies hiring people to provide goods and services people actually want. It may instead relate to the army of paper-pushers who are being hired to help individuals and families apply for ObamaCare subsidies starting on October 1.
If California's situation is typical of what will be happening nationwide, the total number of "enrollment counselors," also known as "navigators," hired for this supposedly short-term task will be huge. In the tarnished Golden State alone, according to Judy Lin at the Associated Press, 21,000 counselors will be hired from among "an estimated 3,600 community organizations ranging from Native American tribes and chambers of commerce to labor unions and faith-based organizations that will be authorized to help people buy insurance." Project that to the entire country, and we're talking about roughly 175,000 counselors.
Update, July 24: In audio found here at my home blog, Zimmerman attorney Mark O'Mara, in a Tuesday discussion with New York talk show host Steve Malzberg, confirmed the accuracy of the "iced tea myth"-related details in this post and in Bill Whittle's video.
Among the more outrageous aspects of the press's negligent coverage of the circumstances surrounding the Trayvon Martin-George Zimmerman confrontation is its insistence on describing Martin as having bought "Skittles and iced tea" at a convenience store roughly 40 minutes before Zimmerman, as a neighborhood watch volunteer, spotted him.
The drink was not "iced tea." It has been known that the drink wasn't iced tea for well over a year. Yet at least seven press reports since the verdict, up to and including coverage of this past weekend's demonstrations (examples here and here, at the Associated Press the day after the verdict; here; here; here; here; and here), identified "iced tea" as what Martin purchased. The actual identity of the non-caffeinated drink, AriZona Watermelon Fruit Juice Cocktail -- which appears not to contain a single drop of tea, and which the company has in its "juice drinks" category -- is extremely significant, as will be explained after the jump.
Earlier today (at NewsBusters; at BizzyBlog), I noted that MSNBC's Melissa Harris-Perry blamed Detroit's bankruptcy on "government (that) is small enough to drown in your bathtub," and claimed that it reflects “exactly the kind of thing that many Republicans would impose on us.”
Nothing can top that, right? Wrong. MSNBC's Ed Schultz did, by more directly blaming Republicans. With an accompanying graphic containing photos of current Michigan Governor Rick Snyder, former President Ronald Reagan, and 2012 presidential candidate Mitt Romney above the words "Conservative Utopia," Schultz claimed that the city's failure is "thanks to a lot of Republican policies" and "is exactly what the Republicans want." The relevant transcript follows the jump (video is at RealClearPolitics; HT Hot Air; bolds are mine):
Melissa Harris-Perry, one of the panel guests on MSNBC's "Now" program on Friday, managed to tie Detroit's bankruptcy to small government, i.e., "when government is small enough to drown in your bathtub," and to analogize it to "exactly the kind of thing that many Republicans would impose on us." Really.
Today, as the wire service AFP reported in a story carried at Yahoo.com, Federal Reserve Chairman Ben Bernanke, in the question and answer exchange after his prepared testimony, told the House Financial Services Committee that "If we were to tighten (monetary) policy, the economy would tank."
That assessment of the economy's fragility qualifies as news, especially given the Obama administration's continued claim that the economy is "continuing to recover at a promising rate." Outlets besides AFP virtually ignored Bernanke's soundbite, which should be considered scary to anyone who realizes that Big Ben can't go on "stimulating" at his current rate forever.
In a "How can he possibly top this?" move, Eric Holder's Justice Department "is trolling for email tips on the former neighborhood watch volunteer (George Zimmerman) as it weighs a possible federal civil rights case against him."
What other establishment press outlets besides Fox News will cover this? And if they do, which of them (if any) will note the mountain of exculpatory evidence about Zimmerman? First, excerpts from Fox's report by Jake Gibson, followed by the accumulated evidence that Zimmerman more than likely hasn't a racist bone in his body (HT to a frequent tipster, who saw coverage of this on a Fox show earlier today; bolds are mine throughout this post):
On ABC's This Week yesterday, former New York Governor Eliot Spitzer -- who resigned in 2008 when caught dead to rights illegally purchasing the services of prostitutes but was never prosecuted because, as announced two days after Election Day in 2008, the Department of Justice decided that "the public interest would not be further advanced by filing criminal charges" -- called the verdict in the George Zimmerman murder trial "a failure of justice."
Of course, Politico's Juana Summers provided none of the background yours truly just did while only referring to Spitzer as "the former Democratic governor of New York who's now a candidate for New York City comptroller." Another statement Spitzer made on the same program deserves further scrutiny, which will arrive after the jump:
Imagine if -- and you'd have to imagine it, because it never happened -- the George W. Bush administration had sent members of its Justice Department to a city where a black man charged with murder was claiming self-defense in the killing of a non-African-American for the purposes of ginning up protests against the accused. Establishment press coverage and would have been justifiably intense.
On Thursday, Judicial Watch revealed that it had obtained documents showing that "a little-known unit of the Department of Justice (DOJ), the Community Relations Service (CRS), was deployed to Sanford, FL, following the Trayvon Martin shooting to help organize and manage rallies and protests against George Zimmerman." In other words, DOJ did to Zimmerman what I just noted Bush 43 administration never did and would never have considered doing. JW's bombshell is not news at the Associated Press or at the Politico.
While the station deserves plenty of blame for failing to catch the obviously phony names before airing them, at least half of the blame goes to the National Transportation Safety Board which fed it the improper information, as Politico's Nick Gass reports:
A report today from Nicole Winfield at the Associated Press, aka the Administration's Press, headlines the news that Pope Francis's revision and update of Vatican City laws "criminalizes leaks." Meanwhile, searches on relevant terms at the AP's national web site ("leaks"; "insider threat" "McClatchy"; all not in quotes) return either nothing, or nothing relevant.
AP's apparent decision thus far to ignore McClatchy's latest story on the Obama administration's unprecedented "Insider Threat Program," which requires federal employees to snitch on each other for "suspicious behavior" or face serious discipline and even prosecution, is -- well, readers can pick their own adjectives after reading excerpts from McClatchy's latest item which follow the jump.
A friend of mine and I separately received an email from the Department of Labor yesterday which made both of us to ask the same question: Why would anyone want to start up or expand a business and hire employees in the current hostile atmosphere?
DOL's release, positioned as part of its celebration of the 75th anniversary of the Fair Labor Standards Act, announces a contest which it calls the "DOL Fair Labor Data Challenge." It is asking developers to "create an innovative tool that lets an informed consumer find out if a business is obeying the law when it comes to paying workers properly." To those uninitiated in the ways of the government bureaucracy, this exercise might not seem particularly troubling. Those who believe that are wrong. Meanwhile, I can assure you that there are many in the press who know exactly what's going on here and believe it's a good idea -- but won't report it, because they'd rather the public not know about it.
Nicole Gaouette and John Walcott at Bloomberg BusinessWeek have revealed that the Obama administration has specifically stated that it wants the Muslim Brotherhood to have a role in any new Egyptian government. Meanwhile, other news outlets, particularly the Associated Press, have avoided disclosing that specific detail.
There are two "little" problems with the administration's disclosed position. The first is that now-deposed Mohammed Morsi's final speech on Tuesday was seen as a promise that there would be civil war if he were ousted. The second is that Morsi supporters in the Muslim Brotherhood and other Islamist groups have promised to carry out a campaign of terror until Morsi is reinstalled, and are keeping that promise. Those two factors should objectively disqualify the Brotherhood's involvement. Excerpts from the Bloomberg pair's report follow the jump (bolds are mine):
You've got to hand it to the folks at the Associated Press, aka the Administration's Press. No news organization on earth is as consistently effective at burying the substance of a story while appearing to cover it.
Take this evening's unbylined coverage of the Obama administration's noncommittal, substance-free positioning on the situation in Egypt. It takes a special talent to get through a few hundred words in a story such as this without ever mentioning the name of the ousted Mohammed Morsi or his Muslim Brotherhood party, and whoever wrote the AP story was up to the challenge (bolds are mine):
It wasn't a tough prediction, but late Friday morning Noel Sheppard at NewsBusters noted the seemingly "metaphysical certitude the Obama-loving media will be falling over themselves in the next 48 hours to report the better than expected jobs numbers in June." Well, of course.
Noel also wondered how much attention the press would pay to less than desirable aspects of yesterday's jobs report from Uncle Sam's Bureau of Labor Statistics. The answer at the Associated Press, aka the Administration's Press, which carried at least eight reports relating to the news and its effects on the financial markets, was "hardly," as will be seen in excerpts after the jump. Additionally, the AP reversed its initial take that yesterday's non-change in the unemployment rate would keep the Federal Reserve's stimulus flowing, later deciding that the jobs report was so good that the Fed can let the tapering begin.
Josh Gerstein at the Politico is on the opposite of a roll today. This afternoon (noted at NewsBusters; at BizzyBlog), Gerstein was barely done covering how "U.S. eases away from Egyptian President Mohamed Morsi" when the military announced that Morsi had been deposed by the military, ultimately in favor of, according to the Associated Press, a temporary "government of civilian technocrats."
This evening, he's trying to position Obama as a great thinker weighing his options instead of as the guy who has been on the wrong side of freedom and democracy ever since Morsi assumed dictatorial powers in late November of last year, which should be brought up every time someone falsely claims that Morse headed a legitimate, democratically elected government (bolds are mine):
Apparently, one pathetic last-minute speech by Eqypt's Mohammed Morsi was sufficient to convince President Barack Obama, who has spent several days and untold amounts of worldwide capital defending the Muslim Brotherhood leader's staying on the job in the face of what may have been the largest pro-democracy demonstrations in human history.
The Politico frantically tried to run interference for Obama opportunistic change of heart today, running an item which was apparently called "U.S. Eases Away from Egyptian President Mohamed Morsi." The item was up so briefly that it was quickly replaced, while the headline just mentioned still remains in the browser window's title bar: