Newspaper Misspells it's OWN Name on Front Page

For a little humorous break from the world of hard news, we have the embarrassing story of the Valley News that serves Vermont and New Hampshire misspelling its own name on the front page of the July 21 issue.

The big oopsie was followed on July 22 with an egg-on-the-face, editor's note apologizing to the readers for this ridiculous mistake.

Editor's Note - Readers may have noticed that the Valley News misspelled its own name on yesterday's front page. Given that we routinely call on other institutions to hold them accountable for their mistakes, let us say for the record: We sure feel silly.

Gosh darn it but don't they look silly? Still, it's great that they took the gaffe in good humor. After all, with a mistake that absurd, what else could you do?

Can't Contain Exhilaration Over 'World Stage' for 'Messiah' Obama

Barack Obama's Magical Media Tour hit its high point Thursday night as the ABC, CBS and NBC evening newscasts all led with Obama's speech in Berlin, with NBC's Brian Williams and Andrea Mitchell the most giddy, though ABC featured a German man who hailed Obama as “my new messiah.” ABC and NBC saw Obama on a “world stage.” Charles Gibson teased ABC's newscast: “In a city steeped in history, before a massive crowd, the candidate calls on the world to tear down this generation's walls.”

NBC anchor Brian Williams, in Berlin, trumpeted how “the first ever African-American running as presumptive nominee of the Democratic Party brought throngs of people into the center of Berlin, streaming into this city, surging to get close to him, to hear his message. And when it was all over, he talked to us.” Viewers next heard a sycophantic Williams ooze to Obama:

When an American politician comes to Berlin, we've had some iconic utterances in the past. We've had “ich bin ein.” We've had “Mr. Gorbachev, tear down this wall.” Is the phraseology that you would like remembered, “people of Berlin, people of the world, this is our moment, this is our time”?

Talking with Andrea Mitchell, an impressed Williams marveled over how “I heard one American reporter tonight say it's hard to come up with a list of others who could draw such a crowd, but then again it's hard to know what we witnessed here today.” An equally awed Mitchell gushed: “It's hard to figure out what the comparison is, what do you compare this with?” She soon asserted that in his speech Obama “acknowledged America's flaws.”

Wilson Waxes Wexler/Matthews Double-Team

The screencap captures it nicely: Heather Wilson, smiling.  Robert Wexler, mouth agape. On this afternoon's Hardball, the feisty, brilliant [bio: high honors Air Force Academy grad, Rhodes Scholar] GOP representative from New Mexico took on the duo of the combative congressman from Florida and host Chris Matthews, and walked away a winner.  The subject was Obama's Berlin speech, and by extension his presidential qualifications.

You'll find excerpts below, but they don't do begin to do justice to Wilson's brio and the coolness under verbal fire she displayed.  That's why I'd strongly encourage readers to view the video. Wilson kicked off her tour de force in commenting on a clip of Obama in his Berlin speech proclaiming that various walls, including one between American and Europe, "cannot stand" and must be torn down.

So McClatchy's Earnings Dropped 44 Percent...

...where are those grave diggers the McClathcy newspaper chain lamented as underemployed due to the success of the surge? I think they'd be perfect to shovel dirt over the news agency's coffin.

AP story here:

The McClatchy Co., whose newspapers include The Miami Herald and El Nuevo Herald, said second-quarter earnings fell 44 percent as ad revenue continued to shrink.

Net income slid to $19.7 million, or 24 cents per share, from $35.2 million, or 43 cents per share, a year ago.

The result adjusted to exclude one-time items is $17.3 million, or 21 cents per share. That is equal to the average estimate of analysts surveyed by Thomson Financial.

Revenue dropped 16 percent to $489.7 million, as advertising sales shrank 17 percent.

CNN’s Amanpour ‘Surprised’ by Lack of ‘Euphoria’ After Obama Speech

Christiane Amanpour, CNN Chief International Correspondent | NewsBusters.orgCNN’s chief international correspondent Christiane Amanpour, reporting on Barack Obama’s speech in Berlin on Thursday’s “The Situation Room,” expressed her shock that the European crowd didn’t seem to have the same mania for the Democrat that the media has: “I did ask some people as they were leaving what they thought. Everybody said good, good. But I was surprised that there wasn't this sort of euphoria afterwards, given how many people had come to listen and how much it had been anticipated.” She later stated in the segment that one unnamed political analyst talked about how “people [in Europe] want a political redeemer -- I mean, that's very specific language, and he said it's not really based on facts, the -- what they think about Obama, because they don't really know. It's based on expectations.”

During the segment, which began just after the top of the 5 pm Eastern hour of the CNN program, host Wolf Blitzer asked Amanpour, “why do they apparently like him so much, not only in Germany, but throughout Western Europe?” She gave the standard media talking point about Obama in general: “They like him, some people say, because he is something new, he is a new generation, he's promising change, and people here are desperate for change.” Amanpour then reported on how Europeans apparently like Obama because “he is not President Bush, and they're slightly traumatized still from the last seven years of this ‘go-it-alone’ policy, which has seen so much war and has created so much division.”

ABC's Cynthia McFadden: McCain Like Obama's Older Brother

Cynthia McFadden On Wednesday, "Nightline" co-host Cynthia McFadden and correspondent David Wright condescendingly reported on the disparity in the media's coverage of Barack Obama and John McCain. McFadden began a segment on the Arizona senator by snidely asserting, "Now, if you have a younger sibling, you can probably relate to what Senator John McCain has been going through this week. Whatever he does, everybody seems to be talking about the new kid in town."

Expanding on a report he filed for the July 23 "World News," Wright, in an almost embarrassed tone, remarked, "Pity the poor Straight Talk Express. While, Barack Obama is off globe-trotting, grabbing all that high profile, high octane attention, we're here on the tarmac in Allentown, Pennsylvania." He also described the media's obsession with Obama in a passive tone, asking McCain, "Do you kind of feel like you're going to be stuck playing defense from now until November?" and stating, "...It seems like the narrative of this campaign is being driven by whatever Senator Obama does and you're left to kind of react to that." Wright confidently predicted that in the next few days, "What can you almost guarantee he [McCain] will be talking about? Obama." Something, one assumes, people like David Wright will make happen.

Chris Matthews: Obama's Berlin Speech Had 'Thrill Factor'

Barack Obama is still giving Chris Matthews thrills. On Thursday night's "Hardball," before throwing to an Obama clip, Matthews gave the following rave review, on his July 24 show, to the Illinois senator's speech in Germany:

CHRIS MATTHEWS: What, what do you make of this? Let's take another bite here because it was quite a speech. You have to judge for yourself but the speech had its thrill factor, certainly once again. Here he was.

However Matthews wasn't in such a jovial mood near the end of the program.

ABC's Jake Tapper: Obama Thinks He's President; Denies Media Access

Jake Tapper Not every reporter covering Barack Obama's world tour is entranced by the words and imagery of the Democratic candidate. On Thursday's "Good Morning America," political correspondent Jake Tapper jabbed at Obama's overconfidence, describing the senator's July 24 speech in Berlin as "one the Obama campaign is billing at almost presidential. Even though he is not the president."

Reporting from inside the Obama plane, Tapper complained in a snarky tone, "Inside, the plane has been redesigned to separate the senator and his staff from us lowly reporters." He added that Obama officials told journalists that they could brief reporters as anonymous officials. Tapper grumbled, "One of them said that's what we did at the White House during the Clinton years. We pointed out they don't work at the White House." Regarding the Obama plane, the ABC journalist also pointed out: "The American flag on the tail wing has been replaced by an enormous Obama O."

Warning: Summer Playgrounds Hot, May Need Gov’t Intervention

Breaking ABC news: things get hot in the sun. "Good Morning America's" Elisabeth Leamy reported on July 24 that playground equipment gets so hot in the sun, it could harm your children.

ABC's Diane Sawyer grabbed the attention of parents saying, "Well as the temperatures rise for the summer, we decided to go out and test some of the equipment in playgrounds. It's a safety alert for all parents out there because some of it is truly scalding."

That enlightening news was followed by Leamy's suggestion of government regulations of playground equipment. "Diane, this is one of those stories that pits people who want the government to do more to make the playground safe against people who say parents should know better," said Leamy.

NBC Marches in Lockstep with Gay Agenda for the Military

NBC outdid itself in promoting the pro-gay view in its Nightly News coverage Wednesday of a hearing held by the House Armed Services Committee's subcommittee on personnel. NBC served up a litany of gay "victims" of the military's ban on open homosexuality, plus pro-gay congressmen, and played up a recent poll showing most Americans wanting to overturn the ban.

NBC cited only one pro-ban witness, a retired Army Ranger sergeant who got 3 seconds of airtime in the 2:39 segment. Elaine Donnelly of the Center for Military Readiness, who gave a detailed testimony supporting the ban, was not featured at all. The sergeant's statement, by the way, was immediately and angrily refuted by a veteran Army officer now in Congress.

Narrated by Pentagon correspondent Jim Miklaszewski, the piece begins with lesbian retired Navy Capt. Joan Darrah walking along a country path with her partner and a Frisbee-catching dog. She gives heartfelt testimony. Next comes retired Marine Sgt. Eric Alva, who lost a leg in Iraq and has been featured on other newscasts as the face of gay soldiering. Alva is shown with his prosthetic leg, in full uniform, and then testifying. Rep. Chris Shays (R-Conn.), proclaims the gay ban "unpatriotic" and "cruel."

Obama Snubs Injured Soldiers for a Workout, Will Media Care?

NewsBusters has learned that presumptive Democrat presidential nominee Barack Obama has cancelled plans to visit two U.S. military bases while in Germany, this despite having all kinds of time to speak to gushing Berliners as well as getting in a workout at the Ritz Carlton.

One of the bases, The Landstuhl Regional Medical Center, "is an overseas military hospital operated by the U.S. Army and the Department of Defense...[that] serves as the nearest treatment center for wounded soldiers coming from Iraq and Afghanistan."

Yet, as Ed Morrissey's Hot Air reported a few hours ago, Spiegel Online claimed at 1:42 PM local time (picture courtesy Chicago Tribune):

CNBC's Burnett Declares Schumer Not to Blame for IndyMac Failure

Don't blame Sen. Charles Schumer, D-N.Y., member of two influential banking committees - the Senate Finance Committee and the Committee on Banking, Housing, and Urban Affairs - for IndyMac's collapse, says CNBC's Erin Burnett.

Burnett, host of CNBC "Street Signs," disagreed with a claim by MSNBC "Morning Joe" host Joe Scarborough that a letter to regulators from Schumer caused a run on the beleaguered bank IndyMac, which eventually led to its failure and takeover by the Federal Deposit Insurance Corp.

"I don't think Chuck Schumer caused a run on the bank," Burnett said on MSNBC's July 24 "Morning Joe." "This is the new world of banking. Companies, banks come out and they say, and they say, ‘Oh my gosh - our stock's down 20 percent. It's being manipulated. Please come in and help us government. Oh my gosh, there's a run on our bank - let's blame it on a senator.'"

MSNBC Taps Nation of Whiners for Summer Sob Stories

MSNBC.com graphic for Earlier this month, former senator and John McCain economic advisor Phil Gramm was widely excoriated for his remarks about America being a "nation of whiners," discouraged by negative media reports fueling fears of recession.

As my colleague Nathan Burchfiel noted, the context of Gramm's remarks were the media's role in accentuating the negative in economic news and hence ginning up the public's economic fears and complaints.

Of course, the media has done little to prove Gramm wrong. Take, for instance MSNBC.com's "My Miserable Summer" series, which, among other things, takes tales of woe from readers and publishes them on the Web site (h/t NewsBusters tipster Jeff Williams).

The July 23 article by travel writer Harriet Baskas opened with the typical laments:

Will Media Report Concert Before Obama's Berlin Speech?

Remember back in May when media gushed and fawned over a huge crowd in Portland, Oregon -- supposedly gathered to hear the words of Democrat presidential candidate Barack Obama  -- but chose not to report the free concert given before his speech?

Well, it has been learned that before the presumptive Democrat nominee spoke to a crowd in Berlin Thursday, two popular German acts -- reggae artist Patrice and rock band Reamonn -- entertained the gathering audience.

Will media report this tonight, or just gush and fawn over the huge crowd again?

While you ponder, here's what was reported by Spiegel Online moments ago (h/t Hot Air and Gateway):

When It Comes to the Future, the Right Misses the Big Picture

Besides coming to grips with the lukewarm presidential candidacy of Sen. John McCain, there are few questions roiling the online Right more than what the future holds.

Get the average conservative or libertarian talking, and you'll hear a variety of explanations for what went wrong. For the most part, most discussants seem to break down into two camps, one believing things are bad because allegedly conservative politicians have gone astray following the siren call of big government.

The other group blames the current state of affairs on technological ineptitude.

Both have some reason to their arguments, and yet both get it wrong. During the Bush era, the Republican Party at both the presidential and congressional levels seems to have acted less conservatively than before. This has been a great disappointment to many on the right. Unfortunately, they draw the incorrect conclusion that the sole reason the GOP's electoral fortunes look dim is because it hasn't been sufficiently conservative.

CBS Approves of $25-Billion 'Lifeline' for Fannie, Freddie

What's another $25 billion between taxpayers? Not much, according to the July 23 "CBS Evening News."

The massive housing bailout bill, meant to prop up beleaguered government-sponsored enterprises Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) and help homeowners refinance adjustable rate mortgages, was praised in a segment on the CBS broadcast. It passed in the House July 23 and won't face resistance from President Bush.

"This afternoon, the House passed a bill that throws an estimated $25-billion lifeline to Freddie Mac and Fannie Mae - the backbone of the home mortgage industry," CBS chief White House correspondent Jim Axelrod said. "The bill makes it easier for both to raise unlimited capital from the government if needed and would allow hundreds of thousands of homeowners to refinance rather than face foreclosure."

ABC's Chris Cuomo: Jon Stewart is 'Clearly a Lefty,' 'Clearly Pro-Obama'

Chris Cuomo, "Good Morning America" news anchor Chris Cuomo launched an unlikely attack on liberal comedian Jon Stewart during Thursday's show. After discussing possible media bias against John McCain, and playing a clip of the "Daily Show" host mocking the senator, Cuomo warned, "I'll offer you the other side. You gotta be careful of friends like these with Stewart. Clearly a lefty. Clearly pro-Obama."

Referring, presumably, to McCain's nearly even status in many polls, Cuomo continued, "A lot of this country may not feel the same way. May be a little bit of a reflection. You know? Kind of trying to come to McCain's aide 'cause everyone else seems to be for the other guy." Co-host Diane Sawyer concurred, noting the tightness of the race. She also casually admitted to the media's obsession with Obama: "...They keep pointing out in the McCain camp that he's taken three foreign trips in the past four months and not one network anchor joined him and all three show up for Obama." Of course, the GMA anchor didn't continue that thought any further, examine the significance of her admission or even Cuomo's comment that "everyone else seems to be for the other guy."