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June 20, 2013
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  • Obama ScandalWatch
  • IRS Targets Tea Party
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Home » Economy
  • MSNBC: Obama and Merkel Are the New 'Ronnie and Maggie'; Matthews Sees Conspiracy to Push Hillary 2016
  • NBC's Todd Excuses Obama's Poor Speech Performance: Crowd Too Small, 'It Was Hot'
  • Chris Matthews Whines About Sun Harming Obama's Berlin Speech
  • MSNBC's Hayes Slams 'Shameful Spectacle' of 'Anti-Food Stamp Jihad' by Republicans
  • The Inconvenient Suffering of China’s Laogai Prisoners
  • Serena Williams Slams French Taxes: 'Seventy-Five Percent Doesn't Seem Legal'
  • Bozell Column: Censoring the 'Anti-Gay' Viewpoint
  • Martin Bashir, Who Compared Conservatives to Hitler, Now Decries Nazi Comparisons

Regulation

MSNBC’s Schultz Ludicrously Compares Federal Deregulation of Business to Bangladesh Tragedy

By Andrew Lautz | June 05, 2013 | 17:17

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MSNBC’s Ed Schultz will take any and every opportunity to bash Tea Party conservatives, even if it means exploiting a terrible tragedy to do so. The bombastic host did just that on Sunday, using the recent factory collapse in Bangladesh to blast Republicans for supporting the removal of burdensome regulations on American businesses.

Schultz introduced his segment with scenes from the horrible incident, huffing:

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How the Late Sen. Lautenberg Made Fortune Off of a Complex Tax Code

By Ken Shepherd | June 03, 2013 | 16:52

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Ira Stoll of FutureofCapitalism.com has a great piece over at TIME magazine's website which makes an interesting observation about the late U.S. Senator Frank Lautenberg (D-N.J.), who died from complications from viral pneumonia this morning.

In his 30 years prior to first entering the Senate, Lautenberg made a fortune with a company that is now called Automatic Data Processing, Inc. or ADP. Along with Paychex, ADP is one of the nation's top payroll contract firms. Although Stoll didn't quite put it this way, it seems Lautenberg's fortune earned at ADP was made in no small part possible by the mind-numbing complexity of the U.S. tax code which drove millions of businesses to pay ADP to take care of the hassle for them:

  • Ken Shepherd's blog
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CBS Boosts Oprah's 'Remarkable' Pro-Gun Control Speech at Harvard

By Matthew Balan | May 31, 2013 | 19:20

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Friday's CBS This Morning touted Oprah Winfrey's recent Harvard commencement speech, airing over a minute of half of footage from the former daytime TV host's address. The morning newscast spotlighted how Winfrey took the opportunity to promote two liberal pet causes: gun control and "a clear path to citizenship" for illegal immigrants.

The show's three anchors all sang the billionaire's praises. Charlie Rose gushed over Winfrey's "remarkable speech". Norah O'Donnell trumpeted the TV star's "important message". Gayle King, who is Oprah's longtime friend, marveled over the address: "She did a great job yesterday." The three hosts didn't once mention King's close connection to Winfrey [audio clips available here; video below the jump].

  • Matthew Balan's blog
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WashPost's Robert Kaiser Fawns Over ‘Extraordinary’ Barney Frank and Chris Dodd

By Paul Bremmer | May 31, 2013 | 17:46

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It was only two days ago that one of Charlie Rose’s guests, Politico’s Jim VandeHei, celebrated the disappearance of many outspoken Republicans from the political scene. On last night’s show, Rose invited on a pair of brash Democrats who vanished from Congress recently: former Sen. Chris Dodd and former Rep. Barney Frank.

The former lawmakers were there to discuss the 2010 financial regulatory reform law that bears their names. Rose’s third guest, Robert Kaiser of The Washington Post, recently wrote a book about the Dodd-Frank Act’s journey from conception to passage. Wouldn't you know it, Kaiser was there to sing the praises of the Democrats appearing on the program, hailing the Dodd-Frank Act as a sort of congressional triumph over partisan politics. [Video below. MP3 audio here.]

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CBS's John Dickerson Downplays Obama Aide's Private Investor Meetings: 'Wouldn't Necessarily Have to Be Sinister'

By Matthew Balan | May 28, 2013 | 17:58

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On Tuesday's CBS This Morning, John Dickerson spun a front page scoop from the Washington Post that spotlighted the several private meetings that a top Obama health care adviser had with investment firms on the future implementation of ObamaCare: "It's a little hard to see what those investment firms got that wasn't already publicly available."

The liberal CBS political director brushed aside concerns that "some traders are gaining access to information that is not available to investors in general or the wider public", as Post writer Tom Hamburger outlined in his Sunday article. Dickerson asserted, "There's a lot of information exchange that wouldn't necessarily have to be sinister."

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CBS Helps Democrat Boost Gun Control Bill; Asks Republican About Obama's Golf Game

By Matthew Balan | May 07, 2013 | 18:18

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On Tuesday's CBS This Morning, Charlie Rose and Norah O'Donnell pressed Senator Joe Manchin about a possible new push for gun control in Congress. Rose wondered how Manchin and his allies could make legislation "more palatable to those people who may be afraid of it", while O'Donnell bluntly asked the Democrat, "Are you frustrated with the NRA?"

Manchin was their only guest on the gun issue. The CBS anchors had an opportunity to provide balance by asking Senator Bob Corker about his support for gun rights. Instead, Rose and Gayle King peppered the Republican with questions about his recent game of golf with President Obama: "Do you pull out all of the stops to beat him, or do you think, he's the President – I'm going to let him win this one?" [audio available here; video below the jump]

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CBS Notices Senate Dem's 'Train Wreck' Label of ObamaCare; ABC, NBC Ignore

By Matthew Balan | May 03, 2013 | 16:44

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Jan Crawford touted how ObamaCare going into full effect in early 2014 is "causing all kinds of concern and anxiety, especially with...small business owners" on Friday's CBS This Morning. Crawford also pointed out Senator Max Baucus' April 17, 2013 "train wreck" label of the upcoming implementation of the health care law. This was the first time that a Big Three morning or evening newscast mentioned Baucus' blunt remark.

The correspondent zeroed in on a California bakery whose owner asserted that he "can't make any decisions, because the federal government is giving no guidance" with regard to ObamaCare.

  • Matthew Balan's blog
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This May Day: Media Fail to Acknowledge Any Downside of Socialism

By Liz Thatcher | May 01, 2013 | 09:56

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Philosopher George Santayana once said “Those who cannot remember the past are condemned to repeat it.” In regards to socialism, the media has turned a blind eye to the more than 100 million victims of the ideology. In fact, May 1 actually marks a socialist holiday – International Workers’ Day, or May Day.

“Socialist” is a word often used in conjunction with President Obama, but seldom explained by the major media. During the White House Correspondents Dinner, the president even joked that “I'm not the strapping young Muslim Socialist that I used to be.” It might be a joke to the president, but to millions who have lived under socialism, it has been a nightmare.

  • Liz Thatcher's blog
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ABC’s Jonathan Karl Hammers Karl Rove Over Bush’s Presidency

By Paul Bremmer | April 26, 2013 | 17:18

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The recent dedication of the George W. Bush Presidential Center in Dallas has brought a fresh opportunity to reflect on the legacy of the 43rd president. Of course, for the liberal media, to contemplate Bush’s legacy is to focus almost entirely on what went wrong in his presidency.

ABC’s Jonathan Karl displayed the media’s rampant anti-Bush attitude during an interview with Karl Rove posted on ABC News’s Power Players blog on Friday. Karl hit Bush’s former senior advisor with an onslaught of negative questioning, but Rove, to his credit, fought back admirably.

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Soros Spends Nearly $7 Million to Push Gun Control

By Liz Thatcher | April 23, 2013 | 12:21

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Five U.S. gun control groups have received almost $7 million combined from liberal billionaire George Soros, including the most prominent one, the Brady Campaign.

The Soros contributions to these five groups total an astounding $6,727,966 between 2000 and 2011.

  • Liz Thatcher's blog
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Walter E. Williams Column: How Heavy Taxes Negatively Impact the Cost of Living

By Walter E. Williams | April 22, 2013 | 10:17

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Suppose you buy a gallon of gas for $3. How much did it cost you? You say, "Williams, that's a silly question. It cost $3." That's where you're mistaken, because there's a difference between price and cost. To prove that price and cost are not the same, consider the following. Suppose you live and work in New York City and routinely pay $15 for a haircut. Imagine you were told that there's a barber in Boise, Idaho, who can give you the identical haircut for just $5. Would you start going to the Boise barber? I'm betting you'd answer no because even though the price is cheaper, the cost is greater.

We might think of price as the money that's actually given in exchange for the transfer of ownership. When you purchased the gallon of gas, you simply transferred your ownership of $3. What the gas cost you is a different matter. One way to determine the cost of a gallon of gas is to ask yourself what sacrifice you had to make in order to have $3 to buy it. Say that your annual salary is $75,000. Your total federal income tax, state income tax, local taxes and Social Security and Medicare taxes come to about 35 percent of your salary. That means that in order to purchase the $3 gallon of gas required that you earned about $4.60 in order to have $3 after taxes. That means a gallon of gas costs you $4.60 worth of sacrifice. But that's not so costly as it is to a richer person — for example, someone earning a yearly salary of $500,000. He has to earn more than $5 before taxes in order to have $3 after taxes to purchase gas.

  • Walter E. Williams's blog
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CBS Ends Blackout on Gosnell Trial, Spotlights How 'Firestorm' Went 'Viral'; ABC, NBC Still Out to Lunch

By Matthew Balan | April 15, 2013 | 13:13

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CBS finally ended their on-air coverage blackout of the Kermit Gosnell murder trial on Monday's CBS This Morning, airing two segments on the story a month after opening arguments began. Jan Crawford acknowledged that the Gosnell case "has received little national news coverage". Meanwhile, ABC and NBC's morning and evening newscasts continued to ignore the ongoing legal proceedings against the abortionist.

Crawford pointed out how conservatives "accused the media of ignoring the story because what it called a bias in favor of abortion rights", and how those "charges went viral on Twitter". She even played a sound bite from a former attorney for the murder suspect who questioned the national news media's lack of coverage of the trial: "A case involving a medical doctor charged with eight counts of murder would seem to me that just that fact pattern would make national news" [audio available here; video below the jump].

  • Matthew Balan's blog
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Walter E. Williams Column: Black Unemployment

By Walter E. Williams | April 12, 2013 | 18:53

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A couple of weeks ago, Black Entertainment Television founder Bob Johnson, speaking at The National Press Club, said the nation "would never tolerate white unemployment at 14 and 15 percent." Black unemployment has been double that of white Americans for more than 50 years. The black youth unemployment rate is more than 40 percent nationally. In some cities, unemployment for black working-age males is more than 50 percent. Let's look at this, but first let's look at some history.

From 1900 to 1954, blacks were more active than whites in the labor market. Until about 1960, black male labor force participation in every age group was equal to or greater than that of whites. During that period, black teen unemployment was roughly equal to or less than white teen unemployment. As early as 1900, the duration of black unemployment was 15 percent shorter than that of whites; today it's about 30 percent longer. To do something about today's employment picture requires abandonment of sacred cows and honesty.

  • Walter E. Williams's blog
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Politico Spins Martin O'Malley's Fairy Tale

By Mark Newgent | April 12, 2013 | 16:59

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Martin O’Malley’s One Maryland is a fairy tale, and Politico’s Alexander Burns and Burgess Everett are the Brothers Grimm. 

In another Politico puff piece Burns, aided by “transportation reporter” Everett, uncritically report O’Malley spin as fact.  

Burns and Everett overly indulge and perpetuate O’Malley’s pragmatism fetish.  O’Malley paints himself as a results oriented politician, and the reporters uncritically accept it.

 

  • Mark Newgent's blog
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Time’s Foroohar Uses Thatcher’s Death to Dismiss Free Market Principles

By Paul Bremmer | April 11, 2013 | 15:07

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Legendary British Prime Minister Margaret Thatcher has passed away, and given that she was a conservative, PBS can’t let her go without finding some way to criticize her. On Tuesday evening’s PBS NewsHour, Time Magazine’s Rana Foroohar was brought on to discuss Thatcher’s legacy. Why Foroohar? Well, according to anchor Gwen Ifill, not only does she cover economics and business, she also lived in Britain for nine years.

Foroohar got right to work, describing Thatcher as a “very divisive character” and a “very, very polarizing figure.” Ifill asked her if there are presently any heirs to Thatcher’s world view, and Foroohar responded that Thatcher’s heirs reside in the developing world and emerging markets. These countries are at a stage where Thatcher’s ideas of privatization and free markets can help them, according to Foroohar.

  • Paul Bremmer's blog
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CBS Channels Obama: GOP 'Owes the Families of These Newtown Victims A Vote' on Gun Control

By Matthew Balan | April 09, 2013 | 16:48

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Norah O'Donnell shamelessly forwarded President Obama's gun control talking points on Tuesday's CBS This Morning as she interviewed Republican Senator Johnny Isakson: "Do you think your fellow Republicans owe the families of these Newtown victims a vote?" Mere hours earlier, at a pro-gun control rally in Connecticut, the President pointed out, "I said in my State of the Union address...that families of Newtown and Aurora and Tucson...all deserved a vote." [audio available here; video below the jump]

Gayle King also spotlighted how the massacre victims' relatives were meeting with Senator Isakson, and wondered, "What do you plan to say to them?"

  • Matthew Balan's blog
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Networks Ignore Obama's False Claim About 'Fully-Automatic Weapon' Used at Newtown

By Matthew Balan | April 06, 2013 | 13:40

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The Big Three networks' Friday morning newscasts all highlighted the "backlash" over President Obama's "best-looking attorney general in the country" compliment of California's Kamala Harris. But in addition to ignoring First Lady Michelle Obama's recent "single mother" gaffe, as of Saturday morning, ABC, CBS, and NBC have yet to report on the President's erroneous claim about the use of an automatic firearm at the Sandy Hook massacre.

The Democrat made the false statement at a Wednesday fundraiser in California. Mr. Obama asserted, "It is possible for us to create common-sense gun safety measures that respect the traditions of gun ownership in this country...but also make sure that we don't have another 20 children...gunned down by a semiautomatic weapon – by a fully automatic weapon in that case, sadly."

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Sharpton's MSNBC Show Sponsored By Manufacturer Of 'Big, Brutal' Rifles

By Mark Finkelstein | March 25, 2013 | 21:51

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Don't tell us that Al Sharpton and MSNBC are hypocrites?  Noooo!!  The Reverend Al opened his show by praising President Obama's efforts to promote tougher gun control laws.  But 28 minutes into the show, a commercial appeared for, of all things  . . . Henry Repeating Rifles.  

Go to Henry Rifle's website and you'll find one rifle described as "big, brutal and beautiful" and noting that it fires ammunition "said to have killed more game, big and small, and more men, good and bad, than any other in existence."  Another model offered for sale, the AR-7, is based on a military rifle, Henry emphasizing that given its lightweight design "you can carry a large quantity of ammunition."  Oh the horror!  View the video after the jump.

  • Mark Finkelstein's blog
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Press Ignores, Minimizes Concerns in Fed's Beige Book About ObamaCare's Effects on Sales, Employment, and Costs

By Tom Blumer | March 23, 2013 | 10:27

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Today, on the third anniversary of the enactment of state-managed healthcare, aka the Patient Protection and Affordable Care Act (ACA), aka ObamaCare, it's worth noting a precursor of what we can expect from the establishment press as the law's implementation presses on. It can be summed up in eight words: "Hype the alleged good. Ignore the obviously bad." Distilled in four words: "Toe the administration line."

Two examples of how the press is ignoring the obviously bad came from the Associated Press, aka the Administration's Press, in its March 6 caoverage of the contents of the Federal Reserve's "beige book" released that day. The Fed's report contained five specific comments, four of them negative and one neutral, about the current and imminent impact of ObamaCare. None made it into either AP report. Many other outlets also ignored or minimized those comments.

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ABC Continues Blackout on Obama's Gun Control Setback; CBS, NBC Minimize Coverage

By Matthew Balan | March 21, 2013 | 15:28

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ABC continued ignoring Senate Majority Leader Harry Reid's move on Tuesday to drop a proposed federal ban on so-called assault weapons. Neither Wednesday's World News nor Thursday's Good Morning America covered the congressional development. This lack of coverage stands out in light of the network's hype of President Obama's supposedly "dramatic and emotional" lobbying effort for the ban during his State of the Union address.

NBC and CBS's Wednesday evening newscasts also ignored Senator Reid's deep-sixing of the gun control legislation. Their morning shows on Thursday devoted news briefs to Vice President Joe Biden and New York City Mayor Michael Bloomberg's "renewed call" for the assault weapons ban, but failed to explicitly mention the Nevada Democrat's role in dropping the bill.

  • Matthew Balan's blog
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Media Upset about Judge’s Overturn of Bloomberg Soda Ban

By Liz Thatcher | March 20, 2013 | 15:43

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New York City Mayor Michael Bloomberg’s controversial ban of large soda and sugary drinks was overturned March 11, yet the liberal media continued to promote such a ban.

NBC portrayed Bloomberg’s law as a noble fight for the health of New Yorkers. CNN “Starting Point” anchor Soledad O’Brien threw away her objectivity in an interview by announcing she had been a “long supporter” of the soda ban. CNN host Piers Morgan also chimed in support for the overturned law. But MSNBC’s “Morning Joe” co-host Mika Brzezinski had a complete meltdown, referencing it as a “serious issue” and calling sugar “poison” four times and “toxic” twice.

  • Liz Thatcher's blog
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NYT's Kim Severson Chides 'Fat' Mississippians for Rejecting Food Regulations

By Clay Waters | March 15, 2013 | 14:15

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New York Times Atlanta bureau chief (and foodie) Kim Severson got rather insulting while writing about a new Mississippi law forbidding any locality from making rules on food size or content, passed in the wake of NYC Mayor Mike Bloomberg's thwarted attempt to limit the size of sugary drinks New Yorkers could order: "'Anti-Bloomberg Bill' in Mississippi Bars Local Restrictions on Food and Drink."

  • Clay Waters's blog
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NYT's Front Page Features Paternalistic Liberal Take on Minority Groups Against NYC Soda Ban

By Clay Waters | March 13, 2013 | 17:00

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New York Times campaign finance reporter Nicholas Confessore's 2,000-word front-page story Wednesday took a liberal angle on a judge striking down New York City's controversial new regulation that would have banned soda portions over 16 ounces.

Besides the paternalism of lines like "a victory for the industry’s steadfast, if surprising, allies: advocacy groups representing the very communities hit hardest by the obesity epidemic," Confessore hinted at a quid pro quo involving donations from the beverage industry going to black and Hispanic non-profits, which in turn parroted the industry talking points against the regulation.

  • Clay Waters's blog
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Nanny Bloomberg Soda Ban Too Much for Some Liberal Reporters

By Randy Hall | March 12, 2013 | 22:09

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When a New York state Supreme Court justice on Monday invalidated a New York City law that prevented the “sale of sweetened drinks in containers larger than 16 ounces” at certain establishments, it came as no surprise that conservatives hailed the ruling as a victory “for liberty-loving soda drinkers.”

However, even as Mayor Michael Bloomberg promised to appeal judge Milton Tingling's ruling, several liberals joined the celebration, including the Teamsters, which declared the decision a “big victory” for the union, and CNN's John King, who mocked “Nanny Bloomberg” by tweeting a picture of a huge 52-ounce cup of soda.

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NBC: Despite Overturned NYC Soda Ban, Bloomberg's 'Fight to Make New Yorkers Healthier Will Continue'

By Kyle Drennen | March 12, 2013 | 17:59

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Introducing a report on Monday's NBC Nightly News about a New York City ban on large sugary drinks being overturned by a New York State Supreme Court judge, anchor Brian Williams touted how Mayor Michael Bloomberg "is saying this isn't over yet."

In the report that followed, correspondent Rehema Ellis proclaimed: "In a city of more than 8 million, where health officials say the obesity epidemic is responsible for more than 5,000 deaths a year, the Mayor says his fight to make New Yorkers healthier will continue."

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Breaking Bias: CNN Breaking News Laments Bloomberg's Soda Ban Has Gone Flat Thanks to Judge's Ruling

By Ken Shepherd | March 11, 2013 | 16:29

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Editors for CNN's breaking news emails delivered subscribers a 50-word alert on how "[a] state judge invalidated a New York City law banning certain venues from selling sugary drinks in containers larger than 16 ounces." [Update: By contrast, Fox News's email breaking news alert simply reads, "State judge halts New York City's ban on large sugary drinks, calling the ban 'arbitrary and capricious'" | see screen grabs below page break]

But rather than couch the stay on the new regulation as a victory of individual liberty, the editors described the ruling as "a setback for Mayor Michael Bloomberg, who has backed several laws aimed at improving the health of New Yorkers."

  • Ken Shepherd's blog
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A Vast NY Times Mag Cover Story on the Evils of Addictive Junk Food

By Clay Waters | February 27, 2013 | 10:45

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New York Times investigative reporter Michael Moss's huge cover story, "The Extraordinary Science of Addictive Junk Food is a super-sized 9,400 words long, eclisped perhaps only by Matt Bai's slanted magazine cover story on the debt fight in last April. A. Barton Hinkle saved everyone some time with a succinct sarcastic summary column.

A recent cover story in The New York Times Magazine offers a shocking exposé of Big Food. In granular detail it relates the food conglomerates' "hyper-engineered, savagely marketed, addiction-creating battle for 'stomach share.'” If you don't have the time to slog through the nearly 10,000 words, though, here's the big news in this shocking, horrifying, and incredibly alarming story.

  • Clay Waters's blog
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New York Times Reporter: US Should Back Up Pride in 'Family Values,' Require Paid Family Leave

By Clay Waters | February 25, 2013 | 20:37

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Times personal finance reporter Tara Siegel Barnard would love the U.S. to embrace Europe's cradle-to-grave safety net mind-set, lumping America with apparently inferior countries like Liberia, Suriname and Papua New Guinea for the sin of not offering paid maternity leave. Barnard made the argument in Saturday's Business section, in her first column since returning from maternity leave, "In Paid Family Leave, U.S. Trails Most of the Globe."

  • Clay Waters's blog
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Former Striking Hostess Workers' Eligibility For Govt. 'Trade Adjustment Assistance' Not a National Story

By Tom Blumer | February 21, 2013 | 10:36

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Yesterday, the Department of Labor announced that it had certified "more than 18,000 former Hostess workers around the country as eligible to apply for Trade Adjustment Assistance." I'll save excerpts from DOL's inane announcement for after the jump.

The story has garnered some local coverage in areas affected by Hostess plant closures late last year, including a couple of regional Associated Press stories. But the AP, based on a search on "hostess," did not have a story at its national site as of 9 a.m. today, even though former Hostess workers in 48 states are affected. Additionally, virtually every story found in a Google News search on "Hostess trade adjustment" (not in quotes) is local in nature. Could this possibly be because doling out tens if not hundreds of millions of dollars to workers whose unions thought the company was bluffing when it said it would throw in the towel without acceptable labor contracts is more than a little embarrassing, especially when President Barack Obama is simultaneously claiming that the federal government will have no choice but to lay off and furlough employees if sequestration takes place?

  • Tom Blumer's blog
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R. Emmett Tyrrell Jr. Column: Amity Shlaes Corrects Some Common Misperceptions About 'Silent Cal' Coolidge

By R. Emmett Tyrre... | February 21, 2013 | 09:15

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I am indebted to Amity Shlaes for gently correcting a joke of mine that dates back to July 8, 1972. On that date in the New York Times, I joshed that President Calvin Coolidge "probably spent more time napping than any president in the nation's history" and therefore was a successful president. My joke was a play on an earlier joke by H. L. Mencken, and now Shlaes has corrected both of us. She has written a very impressive biography titled simply "Coolidge," wherein she never mentions Cal's naps but rather what made him the most successful president of the 1920s. He reversed the economic insolvency of President Woodrow Wilson, and set the economy on the road to growth, a road made rocky by Cal's successor, President Herbert Hoover, and rockier still by Hoover's successor, Franklin Roosevelt.

Though one would not know it today, Coolidge was the most successful president of the 1920s. Vice President Coolidge came to the presidency on the death of President Warren G. Harding in August 1923 and won the presidency outright in 1924 with 54 percent of the vote over the Democrat, John W. Davis, who had 28.8 percent of the vote, and the Progressive, Robert M. La Follette, who won just 16.6 percent of the vote. Moreover, Coolidge had won every race he ever contested from his first run for city councilman in 1898 to the governorship of Massachusetts in 1918, usually by astoundingly large margins. His combination of civility, effectiveness, standing by the law and, as president, tax cuts, budget balancing, and growth, was wildly popular with American voters, as was his singular asset, taciturnity.

  • R. Emmett Tyrrell Jr.'s blog
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