Before starting her new job as anchor of the CBS Evening News, Katie Couric is going on a "listening tour" of the country. As Kathleen Parker writes in the Orlando Sentinel, this looks very similar to the "listening tour" that Hillary Clinton did in New York state in preparation for her Senate run.
The decision to send Couric around the country on a "listening tour," scheduled to wrap up Monday, was a poor calculation. First off, the free-associative mind goes straight to that other trailblazing female, Hillary Clinton, who launched a listening tour before running for U.S. Senate.
Katie, Hillary, Katie, Hillary -- two liberal peas in a pod? The question burrows in the mind and wants to stay.
Now look what we've done! The global warming we've caused will ruin Napa Valley wine!
That's what CBS would have you believe as it picked up on a new study arguing pretty much that global warming will wipe out 80 percent of America's vineyards. But other global warming believers doubt the study's conclusions and vintners argue they can keep producing wine in warmer climes with improved technology.
may doom the Napa
Valley, CBS News warned
its July 12 “Evening News” audience. Yet correspondent John Blackstone excluded
any scientists, including those who otherwise believe in man-made global
warming, who warn that new computer models are conclusive or don’t match up
against recorded climate patterns.
President Bush announced some great news about the economy Tuesday, but the media weren't in any mood to celebrate. Though the budget deficit for 2006 looks to be significantly lower than forecast just five months ago, TV news outlets were quick to rain on the president's parade.
CNN's Ed Henry cynically compared this announcement to the president declaring an end to major combat operations in Iraq in 2003. Meanwhile, NBC's Brian Williams downplayed the good news by stating “administration critics say the White House has deliberately inflated its own deficit projections in the past few years to score political points when the actual numbers came in lower.”
Declaring he “absolutely” believes “the truth” of his discredited story based on forged memos, about President Bush's National Guard record, on Wednesday's Larry King Live on CNN Dan Rather contended that “we had a lot, a lot of corroboration, of what we broadcast about President Bush's military record. It wasn't just the documents.” Rather then attacked those who dared to expose his misdeeds: “It's a very old technique used, that when those who don't like what you're reporting believe it can be hurtful, then they look for the weakest spot and attack it, which is fair enough. It's a diversionary technique."
A bit later, Rather played the martyr. Reminded by King of how Rather's CBS News was called “the liberal network,” Rather charged: "They call you names when you insist on being independent.” Rather proceeded to insist, clearly talking about himself, that journalists who are “willing to be truly independent, and fiercely independent when called upon, and dedicated to pulling no punches and playing no favorites have become in recent years a bit of an endangered species.” Rather even resurrected how CBS “took on” Senator McCarthy and “led in coverage of the only President in history who resigned as an unindicted co-conspirator in a widespread criminal conspiracy. Now, when you're a reporter involved in those kinds of stories on a regular basis, there are...powerful people who say we've got to get rid of this guy or...we're going to damage him up. And that's when they start hanging the signs around you."
Video clip #1, Rather "absolutely" believes Bush story "true" (43 seconds): Real (1.3 MB) or Windows Media (1.5 MB), plus MP3 audio (260 KB)
Video clip #2, Rather denounces his critics and insists he's "fiercely independent" (2:32): Real (4.4 MB) or Windows Media (5 MB at 256 kbps or 1.7 MB at 100 kbps), plus MP3 audio (900 KB)
Katie Couric is set to become the new anchor of the CBS Evening News. Before she starts her job, she is going on a "listening tour" of the country. The Minneapolis Star-Tribune says that her entourage visited a city library.
The local Minneapolis CBS affiliate, WCCO, was tasked with finding a venue when Ms. Couric came to town. WCCO also served as the enforcers of the anti-blog policy.
Matt Bartel, owner of the popular MNSpeak blog also was issued an invitation by WCCO, although the station apparently didn't recognize the name Bartel (ubiquitous in Twin Cities publishing circles) or his business, until the event was about to start.
"They pulled me out of the auditorium and told me that they'd become aware of the fact that I had a blog," Bartel said. "They said, 'We don't want you to participate,' " then offered him a choice: surrender his notebook or leave the event.
Wednesday's CBS Evening News ran a story on same-sex marriage which presumed that once enacted -- “resolved” in the term used by reporter Byron Pitts -- it should not be reversed, as Pitts portrayed the issue through the prism of same-sex marriage advocates upset by a move to pass a constitutional amendment in Massachusetts to make it illegal. “The battle has now moved to the only state where it is legal but where,” anchor Bob Schieffer cautioned, “if opponents have their way, it won't be for long.” Pitts demanded of Kristian Mineau of the Massachusetts Family Institute: "How did it get to this point? This is liberal Massachusetts. This state resolved this issue two years ago." After Mineau pointed out that unelected judges imposed same-sex marriage, Pitts trumpeted how “advocates had hoped it was the start of another Massachusetts revolution."
Pitts twice challenged the views expressed by Mineau, but didn't challenge an advocate of same-sex marriage. For instance, when Mineau complained about how “the children of this commonwealth are already radically affected because kindergarten and first-graders that are being indoctrinated into the homosexual lifestyle and into homosexual marriage," an appalled Pitts retorted: "You say that as if homosexuality is something evil." Over a map of the U.S., Pitts fretted: "For supporters of gay marriage nationwide, this proposed amendment in Massachusetts couldn't come at a worse time. Much of that momentum first generated here a few years ago now seems headed the other way. Nineteen states have already adopted a constitutional ban on gay marriage. Six more could have it on their ballot this November." (Transcript follows)
A year ago tomorrow, I did a post on the continued decline in evening news viewership at Big Three Networks NBC, ABC, and CBS, and made these observations and predictions about why that decline was taking place, and would continue (some of last year's text was slightly revised):
All three nightly broadcasts most likely lose money, when isolated from their morning counterparts (Today, Good Morning America, CBS Morning Show) and their documentary shows (Dateline, 60 Minutes, 20/20, etc.). At a minimum, none makes an acceptable level of profit.
BUT, the news operations of each of the Big 3 networks are very small parts of very large organizations (CBS-Viacom, NBC-GE, and ABC-Disney), so small that apparently no one at any of the three parent companies cares enough to do anything about the continued hemorrhaging in their evening new shows, as long as the news operations themselves are profitable.
So because those other parts of the news operations make money, the nightly news programs can chug right along, oblivous to normal profitability expectations.
The journalists who put together the nightly news programs could care less if the broadcasts are profitable. It's obvious that their agenda is more important.
Because of all of the above, the ever-shrinking audience for these broadcasts will be spoon-fed biased reporting, Bush bashing, and conservative-bashing for the foreseeable future.
Now, a year later, in today's story about network TV's generally low level of viewership last week (HT Drudge), the real eye-popper is not that the predicted viewership decline has occurred (that was, after all, a pretty easy prediction to make), but that it has accelerated:
"World News Tonight" averaged 7.3 million viewers and "Nightly News" had 7.2 million (both 5.1 rating, 11 share). The "CBS Evening News" averaged 6.5 million viewers (4.6, 10).
That's a big-whoop total of 21.0 million people, and is down precipitously from just the end of 2005. The deterioration is especially obvious when you compare the total and individual network numbers to the following two graphs from the 2006 State of the News Media report:
The disgust of conservatives directed at the New York Times after the newspaper on Friday again undermined national security, this time by taking the lead in exposing a program to monitor international financial transactions by terrorist operatives, hasn't much disturbed the broadcast networks. While the cable news channels have been filled with coverage, especially after President Bush on Monday called the disclosure “disgraceful,” the CBS Evening News with Bob Schieffer hasn't touched the controversy -- though it has made time for stories on how at Wimbledon women are paid less prize money than men and on a left-wing (un-labeled) group's efforts to raise the minimum wage -- and other broadcast network coverage has questioned the administration's motives.
On Monday night, NBC's Kelly O'Donnell asserted that “today's coordinated White House assault is more than simply shared frustration. Analysts say there is political upside as well." Tuesday, on NBC's Today, co-host David Gregory doubted the White House, wondering “whether we should be taking their word for it. That these are legal programs, inappropriate programs. Do you think the administration has earned the right, has any administration earned the right in this kind of war to protect that kind of secret?" Chris Matthews replied: "Well not this one.” On CBS's Early Show, Harry Smith called the paper an “easy target” and suggested: "Is this just a way to attack the evil media or does he have a legitimate beef here?" Meanwhile, on Tuesday's GMA, ABC's Jessica Yellin featured New York Times reporter Eric Litchblau's insistence that “we're not trying to tilt the debate, we're not trying to influence the debate one way or the other. We're just trying to inform the public debate," as well as a great zinger from radio talk show host Scott Hennen about how the Times has become “a terrorist tip sheet."
The CBS Evening News has begun to run promos for Katie Couric's impending takeover of the anchor chair. The spots feature quick cuts, from different angles, of Bob Schieffer on the Evening News set as he assures viewers of Couric's qualifications. In the spot aired at the end of Wednesday's newscast, Schieffer promised that “she's tough, she's fair, she's a straight-shooter” and “she'll be terrific.” In Thursday's promo, Schieffer insisted: “The anchor chair will be in good hands because my friend Katie Couric will be here. Just watch." Each spot, which may also be airing across the CBS schedule, ends with a screen showing a smiling Couric on the left with “COMING IN SEPTEMBER” on the right over a stylized “CBS Evening Newswith Katie Couric” graphic. So, now we know she won't be reverting to “Katherine.” (Full text of the 10 and 15-seconds spots follow)
Of the three broadcast network evening shows Thursday night, only the NBC Nightly News reported the late Wednesday afternoon revelation by Senator Rick Santorum and Congressman Peter Hoekstra, Chair of the House intelligence committee, that an unclassified portion of a National Ground Intelligence Center report had revealed that 500 munition shells of mustard and sarin gas -- weapons of mass destruction -- had been found in Iraq. NBC anchor Brian Williams teased: “One Senator's new claim that weapons of mass destruction have been found in Iraq." Chip Reid relayed Santorum’s disclosure before downplaying the significance: “The claim quickly becomes a hot topic on cable TV and the Internet, but just as quickly Pentagon officials pour cold water on the story, telling reporters the shells are old and inactive, dating from the Iran-Iraq war of the 1980s, and that the shells are 'not the weapons of mass destruction we were looking for' when U.S. forces went into Iraq.”
MSNBC’s Keith Olbermann ridiculed the finding of “WMD: weapons of minor discomfort," snidely suggesting “you might get a burn if you rub these weapons directly onto your skin.” Olbermann condescendingly marveled: “Independent experts and the level-headed staggering in amazement tonight that deteriorated mustard gas cannisters, at least 15 years old and as much as 18 years old, could be pawned off by desperate politicians as some kind of rationale for the deaths of 2,500 American servicemen and women in Iraq.” Soon enough, Olbermann raised Joe McCarthy, asking Newsweek’s Jonathan Alter: “Have Senator Santorum and Congressman Hoekstra moved directly into the league of Joe McCarthy waving the blank page that's supposed to contain the list of communists in the 50s?" (Transcripts follow)
With Katie Couric lounging in the wings, Dan Rather is now expendable, and the suits at CBS News are squeezing him out of his last remaining gig on "60 Minutes." This has caused great distress for those who like their news to look like a long commercial for MoveOn.org, which is to say, the Dan Rather fan club.
CBS smiled politely as they pushed him away, but the Philadelphia Inquirer quoted an anonymous former CBS executive, who denounced the shove-off as "disgraceful. He's a legend. He gave his life to that company. Even though he made a big mistake, he did 43 years and 11 months' great work."
If Rather’s that great, why didn’t the executive have the courage to go on the record?
Rather had a Nixonian ending, resigning from the anchor chair in disgrace after being in complete denial about his own political corruption. It’s not surprising that some will now try to rehabilitate his reputation, but they won’t have much more luck than Nixon did. Dan Rather does not have a sterling record of journalism. He is a grand example of the anchorman as a powerful and partisan national politician who never had to be elected, yet had a lot more visibility and wielded a lot more influence than most elected officials.
The CBS and NBC anchors signed off Tuesday night by delivering glowing tributes to Dan Rather, who officially departed from CBS News earlier in the day, with CBS’s Bob Schieffer calling him a “great reporter” and Brian Williams offering him “a tip of the Stetson.” Schieffer, who succeeded Rather as anchor of the CBS Evening News, exuded: “I'm going to miss Dan. He's been a part of my life for more than 40 years.” Schieffer touted Rather’s journalistic skills: “When a story broke, he wanted to be there. He thought that was the only way to report a story. That is the mark of all great reporters, that is what I most admired and will always remember about him. Dan Rather was one of the great reporters of his time.”
Williams closed the NBC Nightly News with a personal tribute to Rather’s career, ending: “As the man himself has been known to say many times and on similar occasions, a tip of the Stetson to you and we'll be seeing you down the road." On the controversy which led to Rather’s downfall, Williams asserted: “He was forced to resign 15 months ago after what has since been dubbed ‘Memogate,’ a story about President Bush's National Guard service, for which Rather later apologized.” Unmentioned by Williams: How Rather has yet to concede the story was false or based on forged documents. Last September, Rather declared: “The story is accurate." (Transcripts and links follow.)
Now that CBS News and Dan Rather have officially separated, the Media Research Center has re-organized and updated our extensive archive of Rather's liberal bias from over the years. Our index page, "The Dan Rather File: Decades of Liberal Media Bias," features video of the infamous 1988 encounter with VP George H.W. Bush and has links to several compilations of quotes and videos, such as “Liberal Bias by Topic,” “Liberal Bias by Year,” “Journalists Praise Rather and Rather Defends His Discredited Story,” “Dan's Downfall: Forged Documents,” “'Corny in Kansas' Rather-isms” and “Rather Lame Denials of Bias.” For a quick overview of Rather's worst quotes, check our February 28, 2005 special four-page Notable Quotables, "Dan Rather's Legacy of Outrageous Liberal Bias."
CBS radio news just ran an item on the departure of Dan Rather. There was a surprising bit of candor in which CBS reported that Rather had "expressed frustration, feeling he'd been shelved by the network."
There was also a bit of - presumably - unintentional humor. We were treated to a clip of the Washington Post's [very liberal] media critic Tom Shales informing us that Rather "was a very activist anchor, and he changed the role of anchor."
CBS has made the final announcement: Dan Rather is no longer at the network. CBSNews.com has the details, as well as a tribute to the former anchor's career. The moments they are most proud of are his two interviews with Saddam Hussein.
Dan Rather is leaving CBS after 44 years with the Tiffany Network.
Sean McManus, president of CBS News and Sports, made the announcement.
"Of all the famous names associated with CBS News, the biggest and brightest on the marquee are Murrow, Cronkite and Rather," McManus said. "With the utmost respect, we mark the extraordinary and singular role Dan has played in writing the script of not only CBS News, but of broadcast journalism."
The three broadcast networks have focused growing attention on inflation recently – 42 stories since early May. CBS anchor Bob Schieffer declared on June 14 “Well, it is back, inflation, that is.” The following day, ABC’s Bill Ritter cautioned, “everything from mowing the lawn to joining a gym could cost you more money.”
Yet, when positive inflation news was announced just hours later by the new chairman of the Federal Reserve, ABC didn’t even bother reporting it on its evening news program. Meanwhile, the other two broadcast networks paid inflation relatively little notice compared to their other stories that night.
On June 15, Fed chairman Ben Bernanke told Chicago’s Economic Club that higher energy costs haven’t had a big impact on other prices, and there are even signs that such pressures may be waning. The stock market exploded on the announcement with the Dow Jones Industrial Average rising by almost 200 points, or 1.83 percent – its best one day showing since April 2005.
Rather than welcome the news after focusing on the evils of inflation, the networks paid little attention. ABC’s “World News Tonight” didn’t even report Bernanke’s statement about inflation. This was particularly odd as “Good Morning America” just hours a few earlier did a rather lengthy segment on the issue.
All three broadcast network evening newscasts on Thursday night put the 2,500 deaths of U.S. servicemen in Iraq mark ahead of the Iraqi government’s release of an al-Qaeda memo which admitted they are losing as it characterized their situation in Iraq as “bleak” and conceded that “time is now beginning to be of service to the American forces and harmful to the resistance.” The CBS Evening News, however, at least incorporated both developments in their lead story run before the news that Bill Gates plans to step down from Microsoft in two years, though CBS anchor Bob Schieffer managed to slip in a plug for the upcoming Gates story as he opened: "We have two big stories tonight; Bill Gates, whose inventions changed the way we lived, is giving up day-to-day operations at Microsoft.” Schieffer then jumped to his lead: “There was also a grim milestone today. U.S. military deaths in Iraq now total 2,500.” Both ABC and NBC led with Gates.
On Wednesday two correspondents reporting from Iraq had dramatically different takes on the protest by followers of Muqtada al-Sadr, who were said to be upset by President Bush’s recent trip to Baghdad. NBC reporter Richard Engel described it as "a relatively small" protest while Lee Cowan of CBS said protesters’ anger had "boiled over".
Ironically, early Wednesday CBS anchor Bob Schieffer offered high praise for NBC's Engel.
On the Wednesday CBS Evening News Lee Cowan offered this description of the protests, "Anger over the U.S. presence here and the President’s surprise visit yesterday boiled over. Thousands of followers of radical Shiite cleric Muqtada al-Sadr made it clear again today that the 130,000 U.S. troops still in Iraq should withdraw immediately and leave Iraq to its own devices."
Outgoing CBS Evening News anchor Bob Schieffer is a man who's never been ashamed to portray himself as not always the first guy to get the news -- or stay with the news as it happens. (Remember how he took a nap as Trent Lott destroyed his career? It's the last quote here.) MRC's Brian Boyd reports it happened again this morning on the Imus simulcast on MSNBC at 7:42 AM EDT:
Don Imus: “Hey, how about Hillary Clinton getting booed at this liberal gathering in New York for her stance on Iraq. Did you hear about that?”
After the indictment of Vice President Dick Cheney’s former Chief of Staff, Lewis "Scooter" Libby, on perjury charges, rumors have circulated that President Bush’s top political adviser Karl Rove would soon be indicted as well. Today, we found out that would not be the case.
On April 27, when Karl Rove was set to testify before the grand jury for the fifth time, CBS News Senior White House Correspondent Bill Plante, appearing on "The Early Show" noted:
"Sources close to the case say they think that it’s almost at an end. If it is cleared up in Rove’s favor, that will be a big lift to this White House."
A big lift for the White House? You wouldn’t have known that watching "The Early Show" this morning. All that was said on the subject amounted to about 25 seconds and came from 2 anchor reads from co-host Julie Chen. In fact, the story wasn't big enough news to earn a tease or a mention at the top of the show, but at about 7:06 Chen mentioned:
The networks have been eager over the last few weeks to highlight every new charge or claim related to the alleged massacre by U.S. Marines of 24 civilians in Haditha, Iraq last November (a new study from the MRC counted 99 stories or interviews about it over just three weeks on the ABC, CBS and NBC morning and evening shows), but when a front page Washington Post article on Sunday recounted Marine Sergeant Frank Wuterich's contention that he and his squad followed the rules of engagement and were justified in their actions, the networks lost interest. NBC gave it a few seconds on Sunday's Today and a fuller story on Sunday's Nightly News, but ABC and CBS ignored it on their Sunday morning shows (GMA and Sunday Morning) while ABC's World News Tonight gave it a mere 20 seconds before a full story on suicides at Guantanamo and the CBS Evening News skipped it completely. On Monday, despite interview segments and stories on Iraq, the broadcast network morning shows ignored Wuterich's version, though ABC and NBC made time for full Guantanamo pieces. Amazingly, ABC's Charles Gibson didn't raise it with Congressman John Murtha, the lead accuser who appeared on GMA. The Monday evening shows also avoided the topic. (Detailed rundown and contrasts follow.)
As I noted yesterday, while most Americans were celebrating the military success that killed the most wanted terrorist in Iraq, Abu Musab al Zarqawi, there were still some in the media trying to spin the development in a negative light. That trend continued on the CBS "Evening News" with Bob Schieffer last evening. In one segment, Schieffer interviewed two critics of the war in Iraq, New York Times columnist Tom Friedman and CBS News Analyst Michael Scheuer. Scheuer had also appeared earlier in the day on "The Early Show."
Schieffer focused on Friedman first, inquiring what Friedman thought about the development:
On Tuesday, the day of the election in California's 50th Congressional District to replace imprisoned Republican Randy “Duke” Cunningham, the CBS Evening News ran a story touting a potential Democratic takeover of the seat as reporter Jerry Bowen described the race “as a referendum on both the Republican Congress and the Republican President, whose popularity is sinking.” But after the Republican won, the newscast was silent about it Wednesday night. In fact, the morning after the vote, CBS Evening News anchor Bob Schieffer declared on The Early Show that despite the win by Republican Brian Bilbray over Democrat Francine Busby, the 49 to 45 percent victory is “a warning shot for Republicans.” Busby, however, got just one point more of the district's vote than did John Kerry in 2004.
Schieffer had set up CBS's Tuesday night story about the San Diego County race: "Democrats believe they have a chance to take back control of Congress from the Republicans this year, and they're looking to a special election tonight for a sign that they may be right.” Jerry Bowen trumpeted how “when disgraced Republican Congressman Duke Cunningham went off to prison for taking millions of dollars in bribes, no one predicted what just may happen today as voters in this 25-year-long Republican stronghold pick his replacement: That a Democrat, local school board member Francine Busby, could emerge the winner." (Transcripts follow)
The New York Times isn’t the only media outlet to try to find signs of GOP defeat in the midst of Brian Bilbray’s Republican victory in a San Diego special election for Congress. CBS reporter Jerry Bowen carried a sense of Democrat Francine Busby’s moral victory throughout his story on The Early Show this morning. Bowen began:
"In the end, California’s closely watched 50th District stayed Republican...When disgraced Republican Congressman Duke Cunningham went off to prison for taking millions of dollars of bribes, no one predicted what just might happen as voters in this 25-year-long Republican stronghold picked his replacement...That a Democrat, local school board member Francine Busby, even had a chance."
CBS’s Early Show co-hosts, in the wake of the June 6 loss in a special congressional election, did the best they could to put a positive spin on the fortunes of Democrats. Co-host Hannah Storm interviewed Evening News anchor Bob Schieffer at 7:11AM EDT about yesterday’s election. The Democratic candidate lost, but that didn’t stop Schieffer from prognosticating what this event signified for the future:
Schieffer: "So, who knows what's going to happen? But this has to be a sign to Republicans that they, they might lose the House, I think. I mean, not just, I'm not just saying this, this particular race....But I think this is just one more sign that you might see something happen this time."
Now, keep in mind, this is a race that the Republicans won. A victory that was achieved despite the media’s constant parroting of the Democratic "culture of corruption" talking points.
There comes a point at which denial drifts into delusion, and Mary Mapes has crossed it. Incredibly, she is out with a Huffington Post piece calling the assertion of the irrefutable fact that the Rathergate documents were blatant forgeries a 'lie.'
It's one thing to say those who claim forgery haven't made their case. But to call their assertions a 'lie' is affirmatively to assert the authenticity of the Rathergate documents. Mapes thus lurches one giant step deeper into delusion. Her accusation also shifts the burden of proof. If indeed the documents are authentic, why then: prove it, Mary.
In Washington these days, all eyes are directed to the White House as literally the center of the political universe. President Bush’s job approval rating is the benchmark by which the left measures his clout – and by contrast, its own. When he is brought low, it means they are having a good year.
This is especially true for the national news media, which can barely refrain from a collective self-satisfied smirk these days. But here’s the funny thing. Nobody looks at <ital>their<ital> approval rating. A Harris poll in February found that only 25 percent said they have a “great deal of confidence” in the White House – but only 19 percent had great confidence in TV news, and only 14 percent for “the press” in general.
A book about the semi-retired Dan Rather (remember him?) would seem to be a tough sell at this point, even if it carried a catchy title like The Da Rather Code. That said, a biography to be published right around the time Katie Couric takes over the CBS Evening News does juicily report that Rather endorsed the bumping-off of a prominent CBS colleague.
Here's part of today's New York Post Page Six item on the book:
In "Lone Star," an unauthorized bio of Rather out this September, Alan Weisman writes that [Morley] Safer "has not been a friend of Rather's for years, since their days in Vietnam." The final straw came when Rather took over for Safer not long after Safer's jolting report about the burning of a Vietnam village by a platoon of U.S. Marines.
A week after ignoring the announcement of a roaring 5.3 percent GDP growth rate in the first quarter, and on the day unemployment fell a tenth of a point to 4.6 percent -- the lowest level since July of 2001 -- the CBS Evening News decided to lead Friday with how, as anchor Russ Mitchell put it: “There are new signs this evening that the economy is slowing down.” Reporter Anthony Mason asserted that “rising interest rates and rising gas prices are beginning to put the brakes on the U.S. economy." Mason laid out the bad news: "The newest numbers, just 75,000 jobs were added to the economy last month, well below forecasts. Manufacturing lost 14,000 jobs. But retail took the biggest hit, losing more than 27,000" and “the other hammer to the economy came from the once-booming construction sector. It came to a standstill in May.” Mason concluded with his own domino theory: "One major builder reported a nearly 30 percent drop in new orders for the past two months. Now that ripples right through the economy. Buying slows, then building slows, then hiring slows. And that, Russ, is why the economy is slowing."
On NBC, in contrast, Anne Thompson noted how “cuts on factory floors and at the country's retailers held back job gains for the second straight month,” but she characterized those as “signs analysts say of an economy that is slowing but not in trouble." Mark Zandi, chief economist at Moody's Economy.com, then emphasized how the economy “is throttling back from very rapid growth earlier in the year, but it is still a very strong economy, an economy that will perform well going forward." (Transcripts follow)
This just in from Reuters, dateline Las Vegas: "Addressing the annual convention of CBS affiliates, [Katie] Couric predicted that the 'pretentious era' of the evening-news anchor is going to be a thing of the past." The headline, at least on the New York Times website, is "Couric Hopes to End 'Pretentious Era' in News."
Um, a peek at an online dictionary says "pretentious" is defined as "Making or marked by an extravagant outward show; ostentatious. See Synonyms at showy." Didn't this woman just sit at the center of a wildly extravagant three-hour tribute to her greatness on Wednesday morning? And to get up the next day, and say this?