Anyone who has followed the decline of General Motors and Chrysler since the two companies received a combined $17-plus billion in bailout money in December won't be surprised at the news that they need more -- or at the government's convenient weekend timing of the news.
The financial cliff on which Chrysler stands was a given by the time its first bailout installment arrived. But, as shown in early March in a post by yours truly at BizzyBlog (mostly mirrored at NewsBusters), GM's sales non-performance has deteriorated to the point where it has become worse than Chrysler's during the two months following the George W. Bush-decided, Barack Obama-supported bailout decision:
Spitzer is best remembered for resigning as the Empire State's chief executive after being caught patronizing high-priced prostitutes over a period of several years, and for having a reputation as an attorney general on a self-aggrandizing crusade against against corporate corruption prior to that.
Spitzer is attempting to capitalize on the public's incomplete knowledge of his sorry saga to get back in its good graces.
Between the White House and the Associated Press, nobody can figure out what the President said and did. Nobody is really worried, though. Other than Fox and Friends, they're the only ones who've heard of the President's latest teleprompter gaffe.
According to the stunningly unclear AP report:
Irish Prime Minister Brian Cowen was just a few paragraphs into an address at a St. Patrick's Day celebration at the White House when he realized something sounded way too familiar. Turns out, he was repeating the speech President Barack Obama had just given.
Vincent Fumo's chronicle of corruption is extraordinary, even by the "standards" of Philadelphia, PA.
Thus, it's a journalistic fail that in a story about the convictions of former 30-year state senator Fumo and longtime associate Ruth Arnao, NBC Philadephia (HT Michelle Malkin) did not identify his or her Democratic Party party affiliation.
Here is a portion of NBC Philly's early-morning story:
Fumo Guilty on All Counts
Guilty is the verdict on all 137 counts for Vince Fumo in his federal corruption trail. His co-defendant Ruth Arnao is also guilty on all counts against her.
The Associated Press wire relayed a short item on Friday about how outgoing Mayor Barrie Parsons Tilghman (D-Salisbury, Md.) recently slammed bloggers as the greatest threat to her fair Eastern Shore city.
SALISBURY — In her final State of the City address, Salisbury Mayor Barrie Parsons Tilghman warned residents of what she sees as a great danger to the city: malicious bloggers.
Tilghman said in her address Thursday that over the last five years, the presence of a small group of suspicious, mean-spirited people focused on the negative has grown, endangering the city's vitality.
Tilghman says some people are avoiding serving their city because it's not worth chancing the scorn of bloggers. But Tilghman says they need to stand up for the city.
Tilghman's final day in office is April 19, but she says she plans to remain active in the city. She says she plans to give a less formal farewell address before leaving office.
As you can see, Tilghman's Democratic Party affiliation is curiously missing from the story, even though her party affiliation is no mystery to mainstream journalists such as Andy Green of the Baltimore Sun, who took note of her retirement in a December 15, 2008 blog post:
Los Angeles's NBC television affiliate must not have gotten the memo telling them that they should not utter the name of ACORN (Association of Community Organizations for Reform Now), lest anyone reach the "wrong" conclusions.
NBC Los Angeles is the only media outlet I have found thus far to identify ACORN's presence in a story about a "disruptive display of disobedience" by members the United Teachers Los Angeles (UTLA) at a school board meeting Tuesday (the story credit is to "Associated Press/NBC Los Angeles," but as you will see later, I found no AP story containing an ACORN reference).
Here is the story headline that the Google News crawler apparently originally found:
***TWO UPDATES, including the response from AP's Ron Fournier, at the end of this post.***
Friday evening the Associated Press (AP) issued an un-bylined story which was nothing more than a stenographic reprint of the latest dishonest Democratic attack on talk radio host Rush Limbaugh.
The Friday story apparently reflected zero research into the charge levied by Brian Wolff, executive director of the Democratic Congressional Campaign Committee (DCCC). The AP merely quoted Rush out of context - just as the DCCC had - and then served him up as a piñata for Wolff to pummel.
The AP cites Rush as having said that Congress's current push for socialist health care will "(b)efore it's all over ... be called the Ted Kennedy Memorial Health Care bill." This allowed the AP to serve up Wolff's whacks on Limbaugh; Wolff called Limbaugh's remark "outrageous and reprehensible."
Had the AP done ANY journalistic due diligence, they would have found this January 13 story from Fox News, quoting a spokeswoman for one of the architects of a national health care bill who said that any legislation that emerges would be named after Kennedy.
This is not a story of bias in the media. It is a story, rather, that affects both the Old Media of newspapers, TV and radio, as well as the New Media of the Internet. Our disagreements with the Old Media aside, we both stand to see trouble if a recent court case in Massachusetts gains momentum or is applied liberally henceforth.
The Associated Press reports on a libel case in Boston that pits a fired employee of the Staples office supply chain against his former employer. Staples, as it happens, sent out an emailed newsletter informing its employees that salesman Alan Noonan was fired for padding his expense account. Noonan sued for libel. Alarmingly, even though the emailed newsletter was reporting the strict truth the court held that truth was no defense in this case.
What does this mean to us? Journalists (and that means us too, folks) have been protected for decades by the concept that "truth isn't libelous" allowing things of a nature vexing to people in the news to be published without fear of a lawsuit. Even though this court case is not about journalism per se, it could come back to bite us all if this ruling is applied broadly.
Coverage of "tea party" protests in various cities around the country (this March 4 Pajamas Media press release, HT to FreeRepublic, cited 22 locations on February 27 and seven this weekend) has been sparse to non-existent, especially at major establishment media outlets.
Most notably, based on a seach on "tea party" (not in quotes) at its ap.org home page at about 10:00 a.m., there has been no coverage of this weekend's or last weekend's protests by the Associated Press, the self-described "essential global news network":
An early review of press coverage relating to this morning's warning by General Motors that "there is substantial doubt about our ability to continue as a going concern" shows no coverage of the reason why, despite $13.4 billion in taxpayer money (NOT counting bailout money going to GMAC), things have gotten so much worse so quickly.
The reason is that sales in the two full months since the Bush-approved, Obama-cheered bailout took place have tanked (see graphic at this NB post yesterday):
December 2008 (last [mostly] pre-bailout month) — down 31.2%
January 2009 (first full bailout month) — down 48.9%
February 2009 (second full bailout month — down 53.1%
Press reports I have seen are saying nothing about this frightening decay in the past 60 days:
"Villaraigosa affair may not be one to remember," prophesied the July 7, 2007 headline in the L.A. Times. A year and a half later, the Associated Press danced around the Democratic Los Angeles mayor's adulterous liaison with a Spanish-language reporter assigned to the city hall beat.
From today's story on his March 3 re-election accessed at CBSNews.com (emphases mine), notice how the AP pulls its punches, euphemizing the adulterous affair in the 12th paragraph of the story:
The mayor of Los Angeles easily won re-election after a bumpy first term in the nation's second-largest city, fueling speculation that he will be among contenders next year to succeed Gov. Arnold Schwarzenegger.
Mayor Antonio Villaraigosa, the first Hispanic mayor in more than a century, was rewarded Tuesday with a second, four-year trip to City Hall despite an uneven first term that saw the breakup of his marriage and the defeat of his signature plan to reform city schools.
There's an N-Word you apparently write at your own risk if you're in the establishment media. It's "nationalization."
The Associated Press's Stephen Bernard, with the help of old reliables Jeannine Aversa and Martin Crutsinger, blew through almost 800 words (link is dynamic; 12:49 p.m. version is saved here for future reference, is now authored by Crutsinger, and is longer than what I originally read) about the deal between Uncle Sam and Citigroup, under which the government could end up with a 36% ownership stake -- almost certainly enough, as Citi's largest shareholder, to impose its will -- without mentioning the term.
Another precious tidbit is in the story's second-last paragraph (bold is mine):
Last month, Robert Rubin, a former Treasury Secretary who was a longtime Citigroup board member, and Win Bischoff, most recently chairman at Citigroup, both announced their retirement from the company.
"A" former Treasury Secretary?
Gee, until recently he was known as Democratic Treasury Secretary under Democrat Bill Clinton.
Maybe it was just too easy to assume the worst of the news network most others in the press love to hate. Or perhaps it was deliberate.
Whatever the reason, the Agence France-Presse (AFP) wire service's Wednesday story about reaction to Barack Obama's sort-of State of the Union Speech the previous evening spent four of its last five paragraphs pinning a report harshly critical of various claims in the speech on Fox News.
True, Fox News's web site carried the story ("Fact Check: Obama's Words on Home Aid Ring Hollow"). But it was actually written by the Associated Press's Calvin Woodward and Jim Kuhnhenn. (Yes, the AP actually wrote an Obama-critical story. More on that in a bit.)
Here are the four paragraphs in question from the AFP report, which otherwise lavishes praise on Obama's speech and rips into Louisiana Governor Bobby Jindal's GOP response performance:
Loven's before-the-speech as if after-the-fact review provides plenty of comic relief. Though she would be expected to have been given a pre-release copy of the speech, her use of the past tense gives readers the impression that the speech had already taken place. She even criticized Republicans for allegedly doing exactly what she was doing -- but they weren't (bolds are mine):
Earlier today in Indiana you said something striking. You said that this nation could end up in a crisis, without action, that we would be unable to reverse. Can you talk about what you know or what you’re hearing that would lead you to say that our recession might be permanent when others in our history have not? And do you think that you risk losing some credibility or even talking down the economy by using dire language like that?
(Obama actually said "may be unable to reverse," not "would be." But I digress.)
Obama's rambling answer, and the rest of the briefing, should have reminded Loven of what she surely considered a withering critique of Bush three years ago (HT to an e-mailer; bolds are mine). After all, she wrote it:
Yesterday, The New York Times Company suspended its quarterly dividend. The company's stock slid 5% to close at $3.51, yet another all-time low in the company's nearly 23 years as a public company in its current form (the Times has been a public company since the 1960s).
Henry Blodget at Silicon Valley Insider noted, even before yesterday's announcement and share-price dip, that the company's share price is lower than the $4 cost of its flagship publication's Sunday newspaper.
It has been nearly seven years since its New York Times newspaper slid into serious Bush Derangement Syndrome, and a bit over a year since the onset of its Obamamania obsession (the Times essentially wrote off Hillary Clinton's presidential candidacy after Super Tuesday last year). Since June 2002, the stock is down 93%:
Pope Rebukes Pelosi, Tells Her Catholic Legislators Obligated to Protect Life
The Vatican Press Office released a note this morning detailing part of the conversation which Pope Benedict XVI had with Nancy Pelosi, the Speaker of the House of Representatives. Vatican insiders inform LifeSiteNews.com that such releases are always phrased in diplomatic language and thus the correction of the Speaker who fancies herself a faithful Catholic despite her abortion advocacy can be taken as a rebuke.
The text of the note reads: "His Holiness took the opportunity to speak of the requirements of the natural moral law and the Church's consistent teaching on the dignity of human life from conception to natural death which enjoin all Catholics, and especially legislators, jurists and those responsible for the common good of society, to work in cooperation with all men and women of good will in creating a just system of laws capable of protecting human life at all stages of its development."
Those interested in learning how the press will minimize the Pope's rebuke have an early example to peruse at Agence France-Presse (AFP). It contains the expected watering-down of the rebuke, and more (AFP link is dynamic; its report as it appeared when this post was drafted is here):
Now it would be easy to say, "But of course she's a Democrat; she's from Chicago." Okay, but the Sun-Times, in five other reports spread over almost two years, mentioned her party only once. What's more, the Tribune's coverage quoted Assistant U.S. Atty. Joseph Alesia saying that Troutman had been on "a five-year crime spree. .... Even by Chicago standards, it's (what she did is) no small crime." Logically, this would mean that even by Chicago Democratic Party standards, what Troutman did stood out.
Troutman's "obvious" Democratic Party affiliation also doesn't exonerate the Associated Press, whose stories go national and worldwide, And yes, there are plenty of people around the country and in the rest of the world who do not know that Democrats own Windy City politics (a little reminder every once in a while to those who do know wouldn't hurt either).
The Associated Press is taken with the new e-book full of letters to President Obama published by the National Education Association (NEA) a liberal teachers union. Naturally, all the kids in this book are filled to overflowing with leftist talking points like pushing the anti-military angle -- one kid even said he was "very luckey because I am not part of a military family."
The kids were all indoctrinated with concern over global warming, infused with unthinking anti-war sentiment, disdain for our soldiers, and enthusiastic for Father Obama and his big government machine. Sadly, it appears that not one of these kids have been taught by their teachers about liberty, freedom, personal responsibility and American principles.
This "Name That Party" situation has many of the usual elements. There are several stories about two Democratic judges involved in criminal behavior in Pennsylvania, and, with one exception, they "somehow" don't get around to identifying their party.
But this saga is different for two reasons:
The crimes to which the judges have pleaded guilty involve "thousands" of juveniles.
In one lonely exception, the Associated Press's coverage prominently identified the judges' party. But in what was apparently a subsequent longer revision, their party identification disappeared.
What follows is a side-by-side picture of the first four paragraphs of a February 11 AP story carried at topix.com (also saved at my host for future reference), and of the five paragraphs of the story as it now appears at MSNBC (also saved at host; red and green boxes are mine; portions of the Topix link were moved from their original locations on the page for demonstration purposes; MSNBC graphic is of the printer-friendly version):
I knew he was a prolific text-messager, but I had no idea former Detroit Mayor Kwame Kilpatrick (D) was a whiz with computer software.
Yet the perjurious former chief executive of Motor City is "talented and has a lot of charisma," as the Associated Press today described Compuware Corporation executive Peter Karmanos's assessment of Kilpatrick. According to the AP, Kilpatrick will be a customer representative for the company, dealing with public sector clients such as state government agencies.
Besides leaving out Kilpatrick's Democratic party affiliation, the AP's February 13 item left unmentioned that Karmanos is a hefty political donor to both sides of the aisle -- over $213,000 in federal contributions since 1994 -- and once gave $1,000 to the 2004 congressional campaign of Kilpatrick's mother, Rep. Carolyn Cheeks Kilpatrick (D-Mich.), according to OpenSecrets.org.
A week ago (at NewsBusters; at BizzyBlog), I noted that government bailout recipients General Motors and Chrysler had horrible sales in January, and that their declines are accelerating. GM was down 49% year over year in January, compared to -32% in December; Chrysler was down 55% in January, compared to -53% in December.
Meanwhile, the companies' main foreign competitors turned in January sales declines of roughly 30% that were just as bad, but at least not worse, than December. As a result, those companies took another 4% or so of market share from their US-based rivals.
Of course, no media outlets attempted to make any connection between the GM-Chrysler declines and the idea that consumers might either resent their bailed-out status, or might be worried about their survival and the potential impact of their bankruptcy or even disappearance on warranty and repair costs. Nor did any media reports that I'm aware of consider the idea that declining sales at those companies might jeopardize their ability to repay Uncle Sam's bailout "loans."
Now, despite the cash infusion from Uncle Sam, Reuters reports an analyst's belief that a bankruptcy filing by GM remains a possibility. More importantly, the wire service also claims that the government is actively involved in exploring that option. Finally (put down your drinks first), we learn that taxpayers aren't even first in line to get repaid:
Have you ever wondered how the geniuses who report business news know why the stock market opens or closes up or down on any given day -- especially when they venture into political explanations?
I received this e-mail from CNN just after the markets opened:
Gosh, those e-mail drafters at CNN are smart. Who knew that the markets want the stimulus package so bad?
Can't you hear, senators? The markets want their stimulus and they want it now!
Give me a break. There is no hard evidence of CNN's assertion. Others commenting on the opening, including CNN itself, aren't buying all of what the e-mail was selling. Here's what CNNMoney.com had to say at 9:42 a.m.:
But in truth, there's hardly anything new about the controversy in question save for a celebrity chiming in to resurrect the issue of aerial wolf hunts in Alaska:
It's not the first time Defenders of Wildlife has targeted Palin. Last fall, when Palin was John McCain's running mate, it ran ads in several states denouncing Palin and the predator control program, and raised more than $1 million. Judd had campaigned for President Barack Obama during the campaign.
Far from Palin making a new enemy, this is a new twist on an ongoing complaint by animal rights activists about the state of Alaska's wildlife management policy, which allows for limited, licensed aerial hunting of wolves in remote areas difficult to access or traverse by ground.
The newspaper that appears to be on a mission to become Manhattan's quaint little alternative daily is considering a move that would cheer those who prefer fair and balanced reporting accompanied by intellectually honest editorials and op-eds.
That publication, the New York Times, is considering a return to fee-based content -- and this time, it might go for the whole enchilada.
Times Executive Editor Bill Keller dangled the possibility yesterday in an online Q&A.
Yesterday was Pity the Poor President Day in Old Media.
Early last night, I noted how the Associated Press's Ben Feller chose to characterize an already-planned visit by Barack and Michelle Obama to a DC elementary school as an "escape" that "surely made him happy for a while."
A few hours ago, NB's Brent Baker reported with amazement the absurd attempts by CBS's Katie Couric and NBC's Brian Williams to portray Obama -- who either allowed poor vetting by his team or was nonchalant about the tax and other irregularities they found -- as somehow being a "culture of Washington" victim. Zheesh.
The promoter who failed to hold a promised Veterans Inaugural Ball on Tuesday has left behind a trail of angry corporate sponsors and charities who contributed to the event, disappointed performers who were booked for entertainment, and 17 to 25 beauty queens who were told they would be ambassadors for their states at the ball and help raise up to $10 million for veterans’ causes.
Reporter Rick Maze gave a detailed account of promoter Dante Hayes's lies and fabrications:
He disappeared last week, about the time that the performers and beauty queens were expecting to receive final details on their travel and lodging arrangements, and around the same time that the hotel where the ball was supposed to be held pulled the plug when it had not received payment.