John Merline at Investor’s Business Daily reported Monday that the hot media topics of income inequality and immigration are “are wildly out of touch with the American public, according to the latest IBD/TIPP Poll.”
When asked which should be a top priority of the president and Congress, 49 percent said the economy and jobs. Another 16 percent picked the national debt, and nine percent named national security. Just 6 percent picked either immigration or income inequality:
On Friday's All In show, MSNBC host Chris Hayes gave a commentary opposing the Keystone pipeline as he compared America's use of oil to "drug addiction," and pushed the far left idea of leaving 80 percent of the world's oil reserves untapped to supposedly prevent the world's temperature from increasing.
The MSNBC host suggested that conservatives are like addicts who are in denial, with liberals as addicts who want to change but can't.
David Gregory decided to play liberal activist Sunday morning and took off his journalist hat during an interview with White House Chief of Staff Denis McDonough.
The NBC host expressed dissatisfaction that President Obama hadn’t received the credit he’d apparently been owed from both the media and the American public and complained to McDonough about “wonder why the president doesn't get more credit for an economy that is rebounding? What’s the disconnect there?” [See video below.]
In yet another negative milestone for the bailouts that supposedly saved the U.S. auto industry — already a hard-to-handle claim given that Chrysler, one of the two beneficiaries, is now 100% owned by an Italian company — Volkswagen has surpassed General Motors as the world's number two automaker behind Toyota.
The reporting on this development has been quite sparse. It's not news at the Associated Press's national site, even though AP mentions VW in a report on Super Bowl ad and social media strategies. At USA Today, James R. Healey's could easily have inserted the news into his story today on the 65th anniversary of the VW Beetle's first arrival here, and didn't. What follows is an excerpt from Expatica, one of the few publications to note the shakeup in the auto industry hierarchy:
The Associated Press, Bloomberg and Reuters all focused on the supposedly positive news of increased consumption reported in today's "Personal Income and Outlays" release from the government's Bureau of Economic Analysis. In the process, two of the three ignored a particulary dreadful statistic about disposable income, while the third (Bloomberg) misinterpreted its meaning.
The dire statistic is the year-over-year comparison of monthly disposable income, which took a deep dive in December, turning in the worst year-over year performance as seen here, in 40 years:
On her Thursday 1 p.m. ET MSNBC show, host Andrea Mitchell gushed over NBC News special anchor Maria Shriver's political activism as "the force behind the influential Shriver Report about women and poverty in America": "Maria, my God, what you have started, what you have launched here....Equal pay for women...you went and you talked to the President about before his State of the Union, when he was still writing it. And he delivered in terms of addressing that." [Listen to the audio or watch the video after jump]
Mitchell eagerly touted Obama continuing to push the issue on the road: "...just within the last hour, he's done it again. This is the President in Wisconsin today. Let's watch." A clip was played of Obama declaring: "Today women make up half of our workforce, they're making 77 cents for every dollar a man earns. That's wrong.... It's an embarrassment." Following the sound bite, Shriver declared: "Amen." Mitchell excitedly proclaimed: "Maria Shriver, take a bow, let's talk about what you've started here."
Today, President Obama is going to ask a group of private-sector companies to help him try to solve a problem his administration's policies have seriously worsened, namely long-term unemployment.
Of course, that's not how Josh Lederman at the Associated Press, aka the Administration's Press, framed the situation. All he would concede is that "long-term joblessness in the U.S. remains a major problem." After the jump, in two graphs from the St. Louis Federal Reserve, we'll see the frightening level of long-term unemployment Obama's economic policies have created – and how the horrid numbers have failed to come down significantly in the 4-1/2 years since the recession officially ended.
You really have to listen to Mika Brzezinski's voice rising as if in a question as she pronounces the very last word in an excerpt from a Wall Street Journal column—and watch the expression on her face—to appreciate how utterly baffled, befuddled and bewildered she seems by the simple notion that increasing the cost of hiring motivates employers to automate their operations.
The column, "The Employee of the Month Has a Battery," noted that restaurant chains like Chili's are introducing tabletop ordering devices and eliminating server positions. Author Michael Saltsman makes the incontrovertible argument that "policy makers are encouraging the switch to technology by increasing the cost of hiring." But just listen to Mika pronounce that last word, and watch the ensuing expression on her face, to see how the notion leaves her at a complete loss. View the video after the jump.
For some liberals in the media, working to ensure equality of opportunity just isn’t enough. They want to see every American achieve an equal outcome and government have an active role in redistribution of wealth.
That there was even one item in the "far-left" search just noted is unusual. It's even more remarkable that the underlying report was written by Steve Peoples, a far-lefty disguised as a reporter if there ever was one. Excerpts from his Wednesday dispatch follow the jump.
In his Tuesday night State of the Union speech, President Barack Obama made the following pledge: "In the coming weeks, I will issue an Executive Order requiring federal contractors to pay their federally-funded employees a fair wage of at least $10.10 an hour – because if you cook our troops’ meals or wash their dishes, you shouldn’t have to live in poverty."
One would have every reason to believe from Obama's statement that the change will take effect quickly once the EO is issued — but it won't. Additionally, one would have every reason to believe that when it does take effect, it will increase the pay of anyone currently employed on federal contract work at a pay rate of under $10.10 per hour — but it won't do that either. Somehow, those "little" problems escaped "fact checkers" Josh Gerstein and Darren Samuelsohn at the Politico, who, while they did catch other problems with the President's statement, swallowed a clearly false claim about its long-term impact:
The networks played right into President Obama's hand Wednesday evening as they touted his push for a minimum wage increase while giving barely any voice to his Republican opposition.
"[T]he President was out there hitting that 'give America a raise' theme hard today in campaign-style events both in Pennsylvania and in Maryland," noted ABC News White House correspondent Jonathan Karl. "Does that idea have a snowball's chance?" asked CBS News anchor Scott Pelley about the minimum wage increase.
Minutes before the President began his State of the Union address Tuesday night, hosts on ABC, NBC, and CBS all worried that Obama was not getting the "credit" he deserved for how well the economy was supposedly doing. [Listen to the audio or watch the video after the jump]
Talking to former Obama advisor David Plouffe during ABC's live coverage of the speech, Good Morning America host George Stephanopoulos argued: "...one of the real puzzles the President has to solve tonight, the economy, doing about as well as it's ever done in his presidency, as he comes into the chamber tonight, but most people don't believe it and don't give him credit for it."
There was another appearance of the dreaded U-word ("unexpectedly") this morning at Bloomberg News.
The Commerce Department's advance report on December durable goods orders and shipments showed a seasonally adjusted 4.3 percent decrease in orders from November, while November was revised down from a positive 3.4 percent to 2.6 percent. Economists' median prediction for December was for a 1.8 percent increase. Bloomberg's Victoria Stilwell had an excuse at the ready, and as will be seen, chose to use it even though she knew it was a stretch (bolds are mine throughout this post):
If liberals have their way the State of the Union will be all about income inequality. That kind of speech would be cheered by many in the press, including several hypocritical millionaires who love to complain about the one percent.
The broadcast networks already took up this banner, promoting left-wing complaints about inequality and arguing for liberal solutions, in recent years. Well-paid, big name network news anchors, like Diane Sawyer and Brian Williams personally know a whole lot about wealth, since they make millions of dollars every year. At least two are worth $60 million each.
Within the past four years, these multi-millionaires have attacked the “mega-rich,” complained on air about “dangerous” income inequality, and promoted President Barack Obama’s “responsibility” to raise taxes and promote tax “fairness.”
Usually, when the Associated Press covers the Census Bureau's monthly new-home sales releases, its reporters will tell readers that a "healthy" market should generate about 700,000 sales per year (examples here and here). Though I believe that figure is insufficiently ambitious, given that pre-bubble annual sales averaged 776,000 from 1993-2000, it apparently has somewhat wide acceptance.
Of all the times to mention that benchmark, the bureau's final report for 2013 released this morning would be it. But AP's Martin Crutsinger failed to do so, possibly because astute readers would have noted that the year's actual sales of 428,000 units show that the industry, despite years of a media-hyped "housing recovery" which is supposedly leading the economy out of the wilderness (cough, cough), is still operating at a miserable 61 percent of capacity (428K divided by 700K). Excerpts from Crutsinger's report follow the jump (bolds are mine):
CBS analyst Mellody Hobson, whose husband George Lucas is worth $7.3 billion, appeared on This Morning to slam excessive salaries for corporate bosses. Discussing income inequality and Barack Obama's planned discussion at the State of the Union, Hobson lashed out, "If you look today, the typical CEO makes 354 times more than the typical worker in his or her company, mostly his because there are so few women running companies." [See video below. MP3 audio here.] (How much more does the male Lucas make than the average worker?)
She continued, "If you look back to 1980, that difference was just 42 times. So it's been that kind of income inequality that has started a lot of backlash and chatter..." Co-host Norah O'Donnell introduced the segment by highlighting a hyperbolic letter to the Wall Street Journal by CEO Tom Perkins comparing the treatment of the wealthy to Jews during the Holocaust. O'Donnell promoted, "[President Obama] calls [income inequality] one of the defining challenges of our time. How do you think that will be received by people in the business community?"
When it comes to reporting on aspects of Obamacare, the press is really good at pretending to speculate about outcomes which have already happened in the real world, and at contradicting Obama administration assertions without telling readers that's what they've just done.
Case in point: Last Tuesday at the Associated Press, aka the Administration's Press, Carla K. Johnson and Tom Murphy told readers that Obamacare "could touch ... people who have insurance through work," and that "The law may prompt some companies to drop coverage for their part-time workers" and to "start excluding spouses." The law has already "prompted" all of these things. Excerpts follow the jump.
On Thursday's Daily Show, comedian Jon Stewart – who is worth an estimated $80 million – mocked the irony of wealthy business leaders discussing income inequality at the recent World Economic Forum.
"Alright so a group of world's wealthiest people get together in a secluded mountain enclave to discuss concerns over income inequality. Hmm," Stewart remarked. Perhaps Stewart missed the irony that he is TV's highest-paid host, according to Variety magazine, who is lecturing others about income inequality. Two weeks ago, he spent 9 minutes lampooning conservatives and Republicans on the issue. [Video below the break. Audio here.]
The journalists at CBS This Morning on Friday appeared excited over the legalization of marijuana in Colorado, hyping the "cannabis capitalism" in the state and a new "pot tour" business that has sprouted up. Showing little skepticism, reporter Barry Petersen offered a light-hearted take: "Appropriately enough, the pot tour ends at a sub shop where Acapulco gold is a sandwich and they're ready to help with those marijuana munchies." [See video below. MP3 audio here.]
Petersen narrated, "Call it cannabis capitalism, the latest leaf to sprout from legalized marijuana. Michael Eymer's pot tours costs $240 bucks a person." The journalist offered a promotional look at the new industry: "Eymer has bookings and belief that he's in on one of Colorado's new growth industries. If I want to take the tour, how long am I going to have to wait to get aboard?"
With his papal audience, Mr. Obama has "an opportunity to highlight the problem of economic inequality, an issue he has placed at the forefront of his second-term agenda" and what's more the visit gives "the president a chance to frame one of his signature domestic issues in largely moral terms." (emphasis mine)
CBS This Morning journalists on Wednesday pushed a new San Francisco tax on buses as a symbol of "income inequality" and failed to identify a liberal organization supporting the move. The progressive city approved a $1 per stop tax on tech company buses that transport employees to the Silicon Valley. CBS journalist John Blackstone lectured, "The private buses have become symbols of income inequality and the belief that well paid tech workers are to blame for steeply rising rents." [See video below. MP3 audio here.]
Talking to Cynthia Crews, identified in the segment as a "San Francisco resident," Blackstone sympathized, "So, a dollar a stop doesn't seem like much." Blackstone featured Crews insisting, "The shuttles, the tech companies are not paying their fair share." According to the Canadian Globe and Mail, Crews is "a representative of the San Francisco League of Pissed-Off Voters." That group's website features endorsements, like this one for city attorney: "A progressive City Attorney would have more guts to stand up to the fat cat companies...who get way too many breaks in this town."
Williams melodramatically recited the findings: "Some new figures came out today....And they are so shocking, it takes a while for them to sink in. A study commissioned by Oxfam says the world's richest 85 individuals have the same wealth as 3.5 billion people around the world. Once again, 85 people on this planet have the same amount of wealth as the poorest 3.5 billion people on this planet."
Is Joe Scarborough taking tips from NY Governor Andrew Cuomo? Cuomo recently declared that conservatives who are pro-life, pro-Second Amendment and opposed to gay marriage "have no place in the state of New York."
On today's Morning Joe, Scarborough took things a step further, telling rich people who shield money abroad to reduce their taxes "you're not welcome in the United States of America." Thundered the self-righteous Scarborough: "Follow your damn money. Leave! Go!" Wonder if Scarborough's banishment order applies to corporations as well as individuals? If so, say sayanora to Apple, Google, Microsoft, IBM, Cisco Systems, Hewlett-Packard . . . not to mention MSNBC's previous owner, GE, from whom Scarborough took paychecks for years. All are among the 15 US corporations with the most money held offshore. View the video after the jump.
Presumed union member (the News Media Guild) and Associated Press reporter Sam Hananel's Sunday morning coverage of union threats against a pilot partnership between the U.S. Postal Service and Staples Inc. fails to deliver on at least three counts.
First, while noting that American Postal Workers Union (APWU) boycott threats ended a similar effort at Sears stores in the late-1980s, Hananel "somehow" forgot to note its aftermath, which resulted in even wider distribution of USPS products by non-union workers. Second, Hananel ignored the fact that USPS's main competitors, UPS and Fedex, both already have large networks of relatively convenient nonunion retail shipping outlets – compared to most post offices, which are separate-trip, standalone locations. Third, and most critically, he fails to note that the APWU's demand to have its members staff the Staples counters, even ignoring the wage differential, would be an extraordinarily counterproductive waste of labor. Excerpts from his coverage follow the jump (bolds are mine):
Democrats plan to demagogue income inequality and the wealth gap for political gain in this year's elections. Most of what's said about income inequality is stupid or, at best, ill-informed. Much to their disgrace, economists focusing on measures of income inequality bring little light to the issue. Let's look at it.
Income is a result of something. As such, results alone cannot establish whether there is fairness or justice. Take a simple example to make the point. Suppose Tom, Dick and Harry play a weekly game of poker. The result is: Tom wins 75 percent of the time. Dick and Harry, respectively, win 15 percent and 10 percent of the time. Knowing only the game's result permits us to say absolutely nothing as to whether there has been poker fairness or justice. Tom's disproportionate winnings are consistent with his being either an astute player or a clever cheater.
Striking fast food workers want $15 an hour and Comedy Central is all too happy to help boost their cause. Stephen Colbert performed his usual shtick of the satirical conservative and gave a warm welcome to striking KFC worker Naquasia LeGrand on Thursday's Colbert Report.
"It's a multi-billion-dollar company, yes, but let's keep in mind that the chairman – the chairman is only making $11 million this year," Colbert gave his simplistic, comedic critique of big business. "Naquasia LeGrand. The movement is Fast Food Forward," he promoted her cause at the end. [Video below the break. Audio here.]
It's hard to imagine how the Politico's Kyle Cheney could have written up his Thursday story about the government's dissatisfaction with soon to be (but not yet) former prime HealthCare.gov contractor CGI with a straight face. But it appears that he did.
The opening sentence of Cheney's report is an absolute howler. When you read it after the jump, keep in mind that the firm worked on HealthCare.gov for well over a year before its October 1 debut, and that it was obvious to everyone within hours of its launch that the web site's construction had been horribly botched. So guess when the government wants us to believe it finally figured out that CGI wasn't up to its assigned tasks?
On Wednesday's PoliticsNation, MSNBC host Al Sharpton seemed to accuse Republicans of deliberately causing economic problems as "part of the plan" to attack President Obama during the midterm elections (video follows page break):
In May 2009, the Associated Press, aka the Administration's Press, announced that it would be "launching an index that will provide monthly, multi-format updates on the economic stress of the United States down to the county level." Not a bad idea, especially if you were concerned that evidence of an economic recovery under Barack Obama would not otherwise be convincing.
The AP likely believed that since an overwhelming percentage of U.S. counties lean conservative (remember those Bush v. Gore county maps?), a large majority of U.S. counties would likely recover in time for the 2010 congressional elections, or in the worst-case scenario, the 2012 presidential election — even if the nation as a whole did not. A statement that "most counties in the U.S. have recovered from the recession" would have been quite useful in defending congressional Democrats and Barack Obama's incumbency. But a recently released report from the National Association of Counties (NACo), which was covered poorly by the Wall Street Journal and virtually ignored by almost everyone else, shows that it hasn't happened.