Two reports from earlier this week, one that warned of a "likely recession," and another that flat-out declared a non-existent "manufacturing recession," have to make you wonder, especially considering a positive report from the real world that came out earlier today.
Second -- On Tuesday evening, the New York Times (may require registration), in an article by David Leonhardt, declared:
For Manufacturing, a Recession Has Arrived
The nation’s manufacturing sector managed to slip into a recession with almost nobody seeming to notice. Well, until yesterday.
Wall Street was caught off guard when the Commerce Department reported yesterday morning that orders for durable goods — big items like home computers and factory machines — plunged almost 8 percent last month. That’s a big number, but it really shouldn’t have come as too much of a surprise. In two of the last three months, the manufacturing sector has shrunk, according to surveys by the Institute for Supply Management that have been out for weeks.
It sure looks as if Leonhardt was engaging in wishful thinking:
Ever since the new Defeatocrat party took control of our Congress less than two months ago, the snarling anklebiters who make up its support base have allowed their irrational hatred for the Bush administration to propel them to new heights of lunacy, and it doesn't look as if they're going to be piloting the starship moonbat toward planet reality anytime soon.
Of course, there has never been a time when the word rational could have been used to accurately describe this particular generation of leftists, however, with each passing day it's becoming more and more difficult to refer to them as anything but a gaggle of frothing nutjobs.
If the truth be known, I'd rather be locked in a room with a few dozen hysterical 5-year-olds for a week than spend half an minute listening to the sort of mindless gibberish that routinely flows from the mouth of Cindy Sheehan. Unfortunately, the Jurassic media feels the need to report every idiotic phrase uttered by that brainsick rube, while virtually ignoring the opinions of the most honorable people in America; the men and women of our armed services.
Here's a headline sure to spook any investor or economist: "Greenspan warns of likely U.S. recession." That was the headline right near the top of the widely surfed Drudge Report yesterday afternoon and this morning, referring to a speech that former Federal Reserve Chairman Alan Greenspan made the other day via satellite to a business conference in Hong Kong. Many market watchers are blaming those comments– along with a weak durable goods report and the plunge in the Chinese stock market – for today's stock market sell-off. But despite the inflammatory Drudge headline – which, in all fairness, linked to an Associated Press story with that same title – the Maestro was hardly so definitive as Drudge made him out to be. Here is what Greenspan said, according to AP:
In November 2000, during the disputed presidential election won by George W. Bush (excuse the indulgence; I just enjoy typing those words, especially considering the alternative), Dick Cheney and others were (in hindsight, rightfully) pointing to negative indicators in the economy pointing to a possible recession. Furious supporters of what was to become the previous administration accused Cheney of "talking down the economy" -- a charge that was lapped up by the Mainstream Media at the time.
It was nonsense, of course. But if you really believe that a soon-to-be-Vice President can "talk down the economy," a former Federal Reserve Chairman, Mr. "Irrational Exuberance" himself, who may still have at least informal access to information many of us don't, can be fairly accused of the same thing -- can't he?
Promoting a recent study by the food police group Center for Science in the Public Interest, a report during CNN's "American Morning" today favored further regulation of restaurants, targeting UNO Chicago Grill and Ruby Tuesday in particular.
"When you go to a restaurant you better be watching what you're eating, because some of the calories you get can be extreme," said reporter Greg Hunter before introducing CSPI nutritionist Jayne Hurley.
In total, Hurley's view was represented with a full minute and 46 seconds, compared to Ruby Tuesday's senior vice president who was given 10 seconds. Read the full Business & Media Institute story here.
What’s next, knitting? The AP has taken up genealogy and investigated the family tree of Republican presidential candidate, Mitt Romney. On Saturday, February 24th, Yahoo published an AP article detailing the polygamy in his family's past. The AP includes the obligatory phrase noting that Romney condemns the practice but for the rest of the article, goes into explicit detail about the Romneys' devotion to polygamy, even after the Mormon church and federal law banned it. The AP rattles off the family’s polygamists and gets into “how important polygamy was to them” (emphasis mine throughout):
CBS and 60 Minutes just can't help themselves. They keep letting their anti-military bias show. Case in point, Lara Logan (not exactly a fan of the military) is doing a piece on 60 Minutes this Sunday about Appeals for Redress. You remember Appeals for Redress? I did a post on them back in October 2006.
They present themselves as a "grassroots" organization when in fact they are another concoction of Fenton Communications. Jonathan Hutto, one of the main spokesmen, was a photographer for the Navy while in Iraq. He was an activist before he was an media darling, working with the ACLU and Amnesty International. In an interview with Revolution, the media outlet for the Revolutionary Communist Party, Hutto had this to say about his fellow soldiers...
The major media outlets are really stubborn. In the past two days, freedom fighters set off two chlorine bombs in Iraq, killing at least eight and wounding many, bringing the total bombings involving chlorine gas to three over the past month. At what point will the mainstream online media call this terrorism or say that terrorists are responsible? In their quest to remain “objective” and "impartial” and not favor the viewpoint or side of the US, the media seem to bend over backwards to avoid appearing biased. Even though crude chemical weapons are the latest addition to the techniques employed to terrorize Iraqis and to the coalition forces and demoralize America, the major online media still refuse to call this “terrorism” or the bombers "terrorists.” Reuters leads the pack with their “neutrality” by calling those behind the bombings the familiar “insurgents” and “militants” and their ability to avoid describing the horrific effects of chlorine gas on humans or what these bombings foreshadow, with CNN.com in a close second.
LOS ANGELES, January 17, 2007 - Two men arrested in connection with a stray shot that killed a 9-year-old girl in Angelino Heights were released without being charged after authorities determined the bullet that killed the girl was fired in self-defense, it was reported Wednesday.1
This case started out reasonably, though tragically. On December 22, 2006 the Los Angeles Police Department announced the arrest of “two key suspects [Cesar Zamora and Steven Castanon] connected with the shooting” of a 9-year-old girl, and their bail was set at $500,000 each. At the time, the girl was hospitalized in critical condition.2
Many of any president's detractors like to joke about his supposed flaws, such as, say...stupidity,but other than people like Jack Cafferty, Lou Dobbs, Keith Olbermann and William Arkin, when the media are on the record, they are usually able to keep blatant bashing largely under wraps, although sometimes, the ugliness shines through. CNN's weekend business-related show, In The Money is no exception, and indulged a bit and belittled an unnamed president. Normally the curmudgeonly Cafferty, the In The Money's headliner, is the one voicing his displeasure with a certain president, but that weekend, the show managed to uphold tradition without him. February 18th, CNN ran a special edition of In The Money without Cafferty called "Uncovering America," which was instead hosted by Carol Costello, Allen Wastler and Jennifer Westhoven and covered workplace diversity and why "diversity in business is taking so long to sink in."
Correspondent Jennifer Rogers focused on recent studies which state that certain physical attributes, such as height, lighter skin-tone, beauty or a slender body shape correlate to higher salaries. Steven Landsburg, from the University of Rochester, said that taller people make more money than shorter Americans in the same jobs with similar qualification, education and experience, and that height is worth about $1000 per inch. At the end of the segment, the hosts and panelists were wrapping up and participating in the standard, “Wow! What amazing information we brought you! Here’s a little joke about it” banter that all news shows engage in between segments. When reporter Rogers replied to Costello questioning the theory about height and success, she unintentionally gave the viewers a peek into her psyche and her opinion of one or more of the presidents. To further explain the theory, and validate the premise, Rogers referred to “multiple studies” and loweres the mask:
The University of North Carolina-Charlotte campus newspaper, Niner Online, reports that the Student Government Association is calling to rename the UNCC SGA complex, the "Colbert Complex" after the host of Comedy Central's The Colbert Report or as the SGA bill calls him, "the pillar of truth." SGA’s act explains why they think Colbert is important and why anything should be named after him:
Recognizing Stephen Colbert as a pillar of truth in a world of wavering opinions and television personalities, further recognizing Stephen Colbert's noble cause to educate and inform young people of current events and topical political themes…declares all rooms within Cone 369 (SGA Complex) to be officially named 'The Colbert Complex' on behalf of the Student Government Association to honor Stephen Colbert and spread the message of truth across the campus of UNC Charlotte.
"Consider the case closed on global warming," wrote Time's Bryan Walsh in the Feb. 19, 2007 issue.
Walsh's article also stated that the U.N. Intergovernmental Panel on Climate Change (IPCC) had found the culprit for climate change: humans. Throughout the piece Walsh advocated government mandates and highlighted main points of the IPCC report that he agreed with, but undermined the point that wasn't frightening enough (how much sea levels are predicted to rise).
You can find the Business & Media Institute's full story by Amy Menefee here.
A few days old but a goodie. I've seen in this one report something that's often missing from network treatment of the minimum wage issue: a quantification of how much the government wage mandate affects the bottom line for small businesses, and ends up screwing over the little guy.
Mark Messner, owner of Pepi's Pizza in south Phoenix, estimates he has
employed more than 2,000 high school students since 1990. But he plans
to lay off three teenage workers and decrease hours worked by others.
Of his 25-person workforce, roughly 75 percent are in high school.
"I've had to go to some of my kids and say, 'Look, my payroll just
increased 13 percent,' " he said. " 'Sorry, I don't have any hours for
Messner's monthly cost to train an employee has jumped from $440 to $580 as the turnover rate remains high.
"We go to great lengths to hang on to our high school workers, but
there are a lot of kids who come in and get one check in their pocket
and feel like they're living large and out the door they go," he said.
"We never get our return on investment when that happens."
Like MSNBC, CNN was most enthused about Illinois Senator Barack Obama's announcement today. Senior political correspondent Candy Crowley was dispatched to Springfield to cover the event. She reported Obama "obviously is the only post baby boomer to be running in this race at this point."
Since the baby boom period is commonly defined as the years 1946 through 1964, and Mr. Obama was born in 1961, this doesn't appear accurate. Still, a minor point like that wasn't going to dampen the excitement.
Anchor T.J. Holmes spoke of Obama's "rock star status in politics like maybe it hasn't been seen before or hasn't been seen in a while." Anchor Betty Nguyen chimed in: "And the thing, too, that we really want to note, T.J., is look at all of the people who have turned out to be there during today's announcement. History is being made today, and Barack Obama is doing it his way."
Tonight's Hannity and Colmes featured an interview with Col. Oliver North about the media coverage of Iraq and the William Arkin slam against our soldiers. During the course of the interview, Alan Colmes claimed that Rep. John Murtha was right when Murtha accused our Marines of killing innocent civilians in Haditha in cold blood. Col. North immediately reminded Colmes that the Marines had yet to face a trial therefore they were innocent until proven guilty. Colmes replied "there were confessions".
Here's my personal transcript of that portion of the interview...
Colmes: Murtha turned out to have correct information. Dick Durbin was talking about treatment gitmo specifically.
Col North: Alan, let's deal with these one at a time.
Holy Cross College Professor Jerry Lembcke's 1999 column, "We Are What We Remember" (HTML link), was originally published in the April edition of Holy Cross Magazine (original PDF of the entire magazine is here; Lembcke's column is on Page 74).
Lembcke's core claim is that "the image of the spat-upon veteran is mythical ....." This is a narrative that at least two Greater Cincinnati-area bloggers appear to have fallen for hook, line, and sinker (here and here; BizzyBlog's "debunk of the debunkers" post from earlier today is here; be sure to read the Updates and the comments). Apparently others around the country have also been taken in.
Lembcke's fallback position is that:
But while I cannot prove the negative, I can prove the positive: I can show what did happen during those years and that that historical record makes it highly unlikely that the alleged acts of spitting occurred in the number and manner that is now widely believed.
There's a teeny tiny problem with Lembcke's claim. As Former Cleveland Plain Dealer reporter Bill Sloat notes at his Daily Bellwether blog, Jerry Lembcke's "search for evidence" apparently overlooked a couple of contrary items that were very close by -- so close that he would not even have had to leave his easy chair after reading the article he wrote. That's because Lembcke is debunked in the VERY SAME issue of the VERY SAME Holy Cross Magazine -- not once, but twice, by two separate Holy Cross alumni who served in Vietnam!
The first alumni vet is Jim McDougald '51. The second is Steve Bowen '65. The story, along with its individual portrayals, covers Pages 18-31 of the original publication. Extracts with the two spitting stories are these:
Brooklyn College professor Robert KC Johnson has done more than anyone except defense attorneys to expose the investigative and legal travesties of what’s really the DA Nifong Hoax case but is usually called the Duke lacrosse case.
Johnson hasn’t just taken on Nifong and certain Durham police officers who conspired to frame the players. He’s also called attention to those such as Duke’s administration, much of it’s faculty, and some media and “rights groups,” who by silence or active encouragement, have enabled the ten month long series of injustices that grew from the false witness made at Duke Hospital the morning of March 14, 2006.
The New York Times has been one of Nifong’s most consistent enablers.
On January 9, at this December 7, 2006 post on asbestos lawsuit double-dipping ("the process by which lawyers file claims at many different bankruptcy trusts on behalf of a single plaintiff"), I received this comment from Brayton Purcell (#11 if your browser doesn't take you directly to it), the law firm that attempted a fifth dip on behalf of one of their clients, and was caught in the act of doing so by Judge Harry Hanna of the Cuyahoga County (OH) Court of Common Pleas.
U.S. Sen. Edward Kennedy (D-MA) speaks as he is interviewed by moderator Tim Russert (R) during a taping of 'Meet the Press' at the NBC studios in Washington, January 21, 2007. Sen. Kennedy spoke on U.S. President George W. Bush's new strategy on the war in Iraq.