How well I remember it. In April 2006, when Bob Carter, in a UK Telegraph op-ed, observed that there had been no warming of the earth since 1998, global warming advocates screamed that Carter didn't know what he was talking about; that he was only "a geologist at James Cook University, Queensland, engaged in paleoclimate research," not a real climatologist; and that anyway, the science was settled, so he (and we) should shut up already.
3-1/2 years later, Paul Hudson, the climate correspondent (at least for now) at no less than the previously climate koolaid-poisoned BBC, without naming him, is acknowledging the correctness (HT Instapundit) of Carter's observations. The Beeb reporter also concludes .... brace for it .... that "it seems the debate about what is causing global warming is far from over." Imagine that.
As if the Fannie Mae and Freddie Mac (Fan and Fred) crackups weren't bad enough, IBDeditorials.com noted on Thursday evening that another bad-mortgage shoe is about to drop. This time it's at the Federal Housing Authority (FHA).
First, let's revisit Fan and Fred to remind readers just how complete the disaster has been at these decades in the making Democratic crony-controlled entities.
A little-noticed CNNMoney.com item by Chris Isidore in late July told us what the original announced loss estimate had been a year earlier (bolds are mine throughout this post):
When Congress was debating the bailout of Fannie and Freddie last July (of 2008), the official estimate from the Congressional Budget Office was that a bailout would most likely cost taxpayers $25 billion, with only a 5% chance of the price tag reaching $100 billion between them.
Isidiore then noted that just one year later the loss estimate had doubled:
Today, Joe Scarborough continued his feud with Rush Limbaugh, insinuating that the talk radio legend is not a true conservative.
For the second time today, I’m looking ‘round the office, wondering whether I’m being punked.
Hot on the heels of Barack Obama’s Nobel Peace Prize – won for the stellar achievements (?) of the first ten days of his presidency – we find out that Joe Scarborough believes himself to be the only true heir to the mantle of Reagan and Buckley – at least, among the radio talker set.
On this morning’s edition of Morning Joe, Scarborough and the Brew Crew had the following exchange:
CNN correspondent Allan Chernoff highlighted New York City Mayor Michael Bloomberg’s hidden camera operation against gun shows in several states on Thursday’s American Morning, but omitted any sound bites from gun rights supporters. Chernoff featured two clips from Bloomberg and one from NYPD Commissioner Ray Kelly, but only read an excerpt from a statement by the NRA.
Anchors Kiran Chetry and John Roberts introduced the correspondent’s report, which ran 11 minutes into the 6 am Eastern hour. Chetry summarized that the mayor’s “undercover sting operation in three states appears to catch gun show dealers selling weapons to buyers who admit that they could not pass a background check.” Roberts continued that Bloomberg claims that “this so-called gun show loophole is making it easier for criminals to get their hands on weapons.”
CNN anchor Wolf Blitzer highlighted the latest study from the Center for Science in the Public Interest during a news brief on Tuesday’s Situation, but omitted the left-wing bent of the organization, referring to it as merely an “activist watchdog group.”
The CSPI released their “Ten Riskiest Foods Regulated by the U.S. Food and Drug and Administration” earlier in the day, and the CNN anchor noted that these edible items are “some of the healthiest foods all of us could eat, but according to an activist watchdog group, they could still make us all of us sick.” He continued with a summary of the organization’s findings, including a paraphrase of the study’s title: “Researchers say leafy greens, eggs, tuna, oysters and potatoes are among the top ten riskiest foods regulated by the FDA.”
The Globe's subheadline at the story's web page is revealing:
US funds dry up for Iran rights watchdog Obama White House less confrontational
.... But just as the Iran Human Rights Documentation Center was ramping up to investigate abuses of protesters after this summer’s disputed presidential election, the group received word that - for the first time since it was formed - its federal funding request had been denied.
“If there is one time that I expected to get funding, this was it," said Rene Redman, the group’s executive director, who had asked for $2.7 million in funding for the next two years. "I was surprised, because the world was watching human rights violations right there on television."
Many see the sudden, unexplained cutoff of funding as a shift by the Obama administration away from high-profile democracy promotion in Iran ....
On Oct. 6 "Good Morning America's" Sharyn Alfonsi devoted an entire segment to the doom-and-gloom study. But of course she conveniently forgot to mention that CSPI is a radical left-wing kill-joy consumer group that has attacked everything from remote controls to washing machines to Chinese food to casual dining.
The study was discussed in relation to a recent New York Times headline about the 22-year-old girl Stephanie Smith who was paralyzed apparently from E. coli in a frozen hamburger.
In his latest push for a health care overhaul bill, President Obama spoke to doctors in the White House Rose Garden yesterday. Painting a nice picture of the event were many media outlets that neglected to mention the White House's doctoring (forgive the pun) of the audience in an attempt at a powerful photo-op.
Doctors attending the event were instructed to show up in white lab coats to give observers the feeling that doctors stand behind the President's health care plans.
In early July, following the very first month after Chrysler LLC emerged from bankruptcy, the Associated Press, in an unbylined report about changes in the company's board, saved this little nugget for the last of its eight paragraphs:
Chrysler's poor June performance also casts doubt on whether the U.S. government's $7 billion allocation will be enough to get the automaker through the U.S. sales slump, which is projected to last into next year.
Those doubts are growing. In a report on Chrysler's just-announced management shakeup, AP auto writers Tom Krisher and Dee-Ann Durbin began their report by ringing the alarm (bolds are mine):
With sales down sharply and pressure to start generating cash before government loans run out, Chrysler CEO Sergio Marchionne shook up his executive team Monday, replacing two of his brand managers after just four months and splitting Dodge into car and truck units.
Based on the data, the current job situation for teenagers in America is the worst on record.
According to Uncle Sam's Bureau of Labor Statistics:
Seasonally adjusted teenage unemployment hit 25.9%. That is the highest rate in the nearly 62 years BLS has been reporting this number. The previous record was last month's 25.5%. The record before that was 24.1% in November and December of 1982. A graphic of the complete history of the teenage unemployment rate that will open in a new window is here.
Unemployment among black teens not enrolled in school is over 50%.
The rate among 20-24 year-olds is also alarmingly high at 15.1%.
Almost alone among establishment media publications -- and even then in an editorial, not a regular news report -- the Wall Street Journal commented on this distressing set of circumstances, identified the most likely cause of the problem, and worried about its longer-term consequences:
Those who read the New York Times's coverage of the unsuccessful results of Barack and Michelle Obama's attempt to seal the 2016 Summer Olympics bid for Chicago on Friday afternoon ('For Obama, an Unsuccessful Campaign") might want to read it again.
If it doesn't seem the same, it's because it isn't.
An excerpt of the item's first five paragraphs posted at FreeRepublic at 4:44 Eastern Time on October 2 shows that the article was apparently originally published under the same title with Peter Baker's byline sometime Friday afternoon.
There are even more substantive differences noticed by Weasel Zippers I will get to shortly, but the first five paragraphs alone were obviously worked over, while Jeff Zeleny's name was added to the byline.
After the jump, on the left you will see the original as excerpted at FreeRepublic; on the right are the first five paragraphs currently at the Times web site (saved here at my host for future reference; click here or on the graphic to view a larger side-by-side version in a separate window):
Reviewing September's detailed sales results in the car business carried at the Wall Street Journal, three things stick out immediately:
The awful performance at General Motors -- down 45% from September 2008.
Chrysler's even worse performance -- down "only" 42% from September 2008, but a mind-boggling 61% from September 2007 (62,197 in 2009, 156,799 in 2007)
Ford's tiny decline of only 6% from a year ago, despite the end of the Cash For Clunkers program in August.
No other major maker had a year-over-year September decline that was even half of that seen at GM or Chrysler.
Yet the press, while beginning to acknowledge serious problems at the companies, both of which were first bailed out by the government and then taken through government-orchestrated, contract law-violating, UAW-favoring bankruptcies (GM discussed here, Chrysler here), still will not entertain the possibility, despite the evidence, that consumers are shunning them because of their bailed-out status and their heavy-handed tactics in bankruptcy.
What follows are excerpts from three reports that covered September's industry results.
Of all the ignorant, boot-licking interviews in Chris Matthews' long career, this one may be the most hypocritical.
Rep. Alan Grayson (D-Fla.), he of "die quickly" YouTube fame, appeared on the October 2 edition of MSNBC's "Hardball," and Matthews wasted no time in teeing up the GOP for Grayson:
CHRIS MATTHEWS: I'm looking for some insight here. I'm a reporter. I'm trying to find out what you know and what you don't know. When you walk around the floor. When you walk past the Republican cloak room. When you get on the elevator. When you get on the subway over there in the Capitol building. Do these Republicans come up to you and say your number is up, buddy? What do they say to you?
CNN’s Rick Sanchez joined two of his colleagues in omitting the left-wing affiliation of Wendell Potter, a senior fellow at the Center for Media and Democracy. In fact, Sanchez went so far as to deny Potter’s alignment with liberals: “Is he [Potter] some crazy lefty? Is he Ralph Nader? Is he Dennis Kucinich? No. In fact, he’s a former player in the health insurance world.”
Before the CNN anchor made this denial about Potter, he read the senior fellow’s assessment of Senator Max Baucus’s health care “reform” proposal: “Here’s what my next guest thinks of this Baucus bill- quote, ‘It’s hard to imagine how insurance companies could have written legislation,’ he says- ‘that would benefit them more.’ In other words, if the guys who run the insurance companies would have sat down and written legislation- he says- they couldn’t have written it any better.”
Sanchez then made his introduction of his guest: “Who’s my guest? Is he some crazy lefty? Is he Ralph Nader? Is he Dennis Kucinich? No. In fact, he’s a former player in the health insurance world. He used to be a part of it. You ever heard of Cigna? Of course, you’ve heard of Cigna. They’re one of the biggest insurers in the whole world. Wendell Potter is who I’m talking about, and for 15 years he was the company’s chief corporate spokesperson, and he was also an executive with Humana as well.” He didn’t mention Potter’s current position with the Center for Media and Democracy during the interview, though an on-screen graphic did mention it (see above).
In the news today, the President and Oprah attempt to snag the Olympics from Rio, a Congressman yells something dumb on the floor of the House (not a Republican!), and double standards abound.
Meanwhile, back on the Hill, there's a humble bill involving the entire health care system of the United States making its way through the Senate. Lawrence O'Donnell is not usually so honest and brazen about the liberal agenda as he was during this morning's appearance on MSNBC's “Morning Joe”, but one can certainly be thankful that he was.
According to O'Donnell, there are now three new tax brackets in this legislation, a new 35% tax rate on certain private health insurance plans, and half of the health care legislation now being debated is a massive new tax bill. O'Donnell made the following comparison:
Hours after the Senate Finance Committee rejected the public option as part of the proposed health care “reform” plan, CNN’s Campbell Brown couldn’t seem to find any conservatives to discuss the vote on her program on Tuesday. Her discussion segment brought three liberals to the table- former Clinton labor secretary Robert Reich, Roland Martin, and senior political analyst Gloria Borger.
Brown first turned to Borger, who flatly stated that she thought the public option is dead: “I think it’s pretty dead, Campbell. I think it’s safe to say that right now it looks like it’s a goner.” The analyst continued that “the President has to settle for something less- something that may be a down payment on a public option, if the insurance companies don’t behave themselves. So, I think the President’s going to have to settle for less, and I think he’s signaling that he will settle for less.”
The Politico's Jonathan Allen reported last night that Democratic Congressment Alan Grayson of Florida let loose on the House floor. (UPDATE: Politico now has a YouTube video of Grayson's performance at the link.)
Hopefully, Allen himself was only being sloppy with his own wording:
Rep. Alan Grayson, D-Fla., warned Americans that "Republicans want you to die quickly" during an after-hours House floor speech Tuesday night.
His remarks, which drew angry and immediate calls for an apology from Republicans, were highlighted by a sign reading "The Republican Health Care Plan: Die Quickly."
"Warned"? As if "Republicans want you to die quickly" is a fact?
In a great NewsBusters post early this morning, Rusty Weiss wondered how much local media coverage there has been of ACORN's suspension of services, and focused on potential vote fraud in Albany and Troy, New York.
Here's a question local reporters looking for an angle should be asking, even in the somewhat unlikely event they can't find anything corrupt or criminal at the ACORN office in their town: How effective is the organization's outreach?
Based on what little I've learned, a more legitimate question might be, "Is ACORN's so-called outreach really just a facade to conceal other not well-known activities it really considers more important"?
The issue first occurred to me when I read a September 18 report by WCPO in Cincinnati (WCPO apparently stands for "We Constantly Promote Obama") about the office's decision to suspend services (bolds are mine):
The headline and the first paragraph from this Friday Wall Street Journal report by Josh Mitchell and Stephen Power reads like a bad joke Jay Leno's writers would have discarded, because no one would believe it. The second paragraph isn't much better:
Gore-Backed Car Firm Gets Large U.S. Loan
A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.
The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster. Tesla is a California startup focusing on all-electric vehicles, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns.
That's a combined total of just shy of a billion dollars going to two companies currently making toys for the wealthy under circumstantially suspect conditions.
The New York Times announced today that it would appoint an editor to monitor 'opinion media'. In an attempt to respond to criticism that it has been too slow to pick up on stories first reported by conservative blogs and talk show hosts, the Times acknowledged poor coverage, but denied a political agenda.
The self-proclaimed 'paper of record' was extremely slow in picking up on two recent stories. The first, the 'trutherism' of former White House Green Jobs Czar Van Jones, was initially reported by Pajamas Media, and later by Glenn Beck on his Fox News talk show. The Times did not cover the story until after Jones had resigned.
Later, the Times neglected to report on the undercover sting operation that exposed ACORN for offering assistance in a bogus child prostitution ring. The Times reported on Congress's votes to de-fund ACORN, but neglected to mention the sting operation that inspired the votes.
The entry previously posted at this address incorrectly asserted that the Capitol Hill switchboard was being used to promote liberal health insurance legislation. It is not being used for that purpose.
The telephone number referenced in this post originally is owned by a liberal lobbying organization, not the U.S. Capitol switchboard. We regret the error.
As climate extremists, Democrats, and President Barack Obama (but I repeat myself) push for nonsensical cap-and-trade legislation and prosperity-killing, sovereignty-threatening treaties, at least some of the data undergirding the supposed science backing their efforts seems to no longer exist. I'm not kidding.
.... the data needed to verify the gloom-and-doom warming forecasts have disappeared.
Or so it seems. Apparently, they were either lost or purged from some discarded computer. Only a very few people know what really happened, and they aren’t talking much. And what little they are saying makes no sense.
There have been many questions about the integrity of the science behind global warming, but what Michaels describes may be the most troubling example yet cited.
Americans who fail to pay the penalty for not buying insurance would face legal action from the Internal Revenue Service, according to the Joint Committee on Taxation.
The remarks Thursday from the committee's chief of staff, Thomas Barthold, seems to further weaken President Barack Obama's contention last week that the individual mandate penalty, which could go as high as $1,900, is not a tax increase.
Under questioning from Sen. John Ensign (R-Nev.), Barthold said the IRS would "take you to court and undertake normal collection proceedings."
Ensign pursued the line of questioning because he said a lot of Americans don't believe the Constitution allows the government to mandate the purchase of insurance.
Friday, Brown reported that Ensign got a clarification on what the result of "normal collection proceedings" might be, and got it in writing (HT Hot Air):
CNN correspondent Brian Todd featured anarchist protesters at the G-20 Summit in Pittsburgh during a report on Friday’s Situation Room, but despite their clear political affiliation, didn’t mention their extreme background.
Todd devoted the first half of his report from the western Pennsylvania city to the protesters’ march. As the correspondent noted the “audible frustration on the streets by people who feel powerless over what they see as backroom deals made by a powerful few,” Todd ran video from the march where the oft-used half black, half red anarchy (more specifically, anarcho-syndicalist) flag was clearly visible (see above).
A week ago, there was news indicating that September auto sales will be down drastically, and that most of the blame for the nosedive belongs to Cash for Clunkers. If you haven't seen any establishment media coverage of this, it's because there has been very little. A Google News Search on ["september sales" "cash for clunkers"] (typed exactly as indicated) for September 17-25 returned all of 68 items (Google's indication that there are over 400 is wrong), and a significant number of them are stories in the various cities served by bizjournals.com.
Here is part of Chrissie Thompson's Automotive News report from September 18 describing how dire things have gotten at dealer showrooms around the U.S.:
On Tuesday, Senate Minority Leader Mitch McConnell went on the Senate floor to call out the Obama administration for using a federal agency to squelch mailings by health insurance company Humana, warning customers of proposed cuts to the Medicare Advantage program under Democratic health care reform proposals.
But Wednesday's New York Times's print edition skipped the Humana speech suppression completely. Instead the paper contented itself with a story on its health care blog, "Prescriptions." A health care story considered more newsworthy that did make the print edition: A profile of comedian Will Ferrell's parody ad defending health insurance executives, generously headlined "Adding Humor to Debate."
The Times finally brought up the controversy in print on Thursday, working it into three paragraphs near the end of Robert Pear's front-page profile of Florida Democratic Sen. Bill Nelson, "Senator Tries to Allay Fears on Health Overhaul." Even then, the Times emphasized excuses for the Democrats' behavior, sandwiching Sen. McConnell's free speech complaint between an explanation from administration officials and an attack on Humana by a Democratic senator.
Thanks to info "steveegg" at No Runny Eggs linked me to earlier today, I had to add the word "Annual" before "Cash Flow" at this post (at NewsBusters; at BizzyBlog) that originally appeared Wednesday.
That's because the system is already running monthly deficits, and significant ones.
Back in February, the system also ran a deficit. It was bad news, but because February is an unusual month containing a full month of payments but only 20 business days of collections (actually 19, since Presidents Day is a federal holiday), I didn't think it was an indicator of a near-term problem when I noted it in early April. I was wrong.
The degree of the decay is obvious when you look at July's and August's results. The drastic decline in year-over-year collections noted in Wednesday's post indicate that September is almost certainly going to be no better, and will probably be worse.
Go to this link and you'll be able to replicate the tables that follow (simply type "7" or "8" at Item 3):
The New York Times's health care priorities were on display in Wednesday's paper. While a parody ad by liberal comedian Will Ferrell and left-wing MoveOn.org was considered newsworthy, suppression of free speech by the Obama administration was left out.
Senate Minority Leader Mitch McConnell of Kentucky went on the Senate floor Tuesday and called out the Obama administration for using a federal agency to squelch mailings by insurance company Humana. The mailings to beneficiaries warned them of possible cuts to the Medicare Advantage program under Obama-care.
In a sign of escalating tension on Capitol Hill, the Republican leader in the Senate, Mitch McConnell of Kentucky, accused Democrats and the Obama administration on Tuesday of trying to muzzle critics of their proposed health care legislation.
On today's Morning Meeting, host Dylan Ratigan gathered his loyalist liberal media friends to deride Sarah Palin's recent speech to investors in Hong Kong, wherein she made the observation that government programs often create new problems, which are then tackled by eager politicians with what else but even more government programs.
First, in the interest of fairness, it must be noted that the guest from the Huffington Post and Vanity Fair, Vickie Ward, barely uttered a word in the entirety of the segment.
That's because she was laughing.
Here's what caused Ward's giggle-fit:
RATIGAN: I want to go to Andy Barr at Politico. Palin on health reform. This one made a little bit less sense. But I feel like it's very indicative, Andy, of certain aspects of right-wing talking points which look to demonize the government inherently, as opposed to looking at government as a tool that can either be abused, misused, or screwed up. Right? And so that rhetoric is evident here. [reading] 'It's common sense that government attempts to solve problems like the health care problem will just create new problems.' Now, forget the nonsensical aspect of that.