HuffPo Says Trump Supporters Need ‘Straitjackets’ in GOP ‘Obituary’
Business
According to Huffington Post, the Grand Old Party will become the Dead Old Party at the 2016 Republican convention in Cleveland. Cause of death? Support for presumptive nominee Donald Trump.
The Media as One Cheerlead Another Government Power Grab
The American media cabal is…ridiculous. They are the Borg of politics - many entities, but of but one Leftist mind. Led around by their noses by whatever hack government-growing politician is before them at that moment.
Just as they calmly repeated the "ventriloquized" Obama line on the Iran deal, so they're doing with the latest ruling on "Net neutrality."
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LA Dodgers' Broadcaster Delivers Searing 20-Second Venezuela Tutorial
On May 1, the Washington Post's Jackson Diehl warned: "We ignore Venezuela’s imminent implosion at our peril," noting that the South American nation of 30 million "has descended into a dystopia where food, medicine, water and electric power are critically scarce." Given the dire humanitarian crisis which has enveloped that country, broadcast media coverage during the ensuing seven weeks,…
NYT Unsure 'If' Huge Philly Soda Tax Will Be Passed on to Consumers
At the New York Times, Margot Sanger-Katz is the paper's "domestic correspondent" who "writes about health care" for its "The Upshot" blog. That blog in turn is supposed to cover "politics, economics and everyday life."
In heralding the passage of a 1.5-cent per ounce tax on soda in Philadelphia yesterday as some sort of historic "watershed" accomplishment, Sanger-Katz betrayed an incredible…
Two of the Three Networks Ignore Fed Decision on Interest Rates
Business
The Federal Reserve announced it wouldn’t raise interest rates, in part due to a poor May jobs report and economic “headwinds.” Two out of the three broadcast networks ignored the decision.
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CNBC’s Kernen Upset by Fed Decision Not to Raise Rate
Business
Following the Labor Department’s disappointing report that only 38,000 jobs were added in May, the Federal Reserve decided on June 15, 2016, they would not raise interest rates. CNBC Squawk Box co-anchor Joe Kernen reacted to the Fed’s decision the following morning. He criticized them for only raising interest rates once in the past nine years.
NYT Columnist Complains About Clinton Plan to Tax ‘Only $1.1 Trillion’
Business
For one New York Times columnist, democratic presidential candidate Hillary Clinton hasn’t been revolutionary enough in her economic policies. Times columnist Eduardo Porter complained that Clinton’s economic plan, which included “only $1.1 trillion” in new tax hikes and $275 million in infrastructure spending, was just a “careful collection of tweaks and prods.”
Univisión y Telemundo ignoran iniciativa republicana contra la pobreza
Latino
El presidente de la Cámara de Representantes, Paul Ryan, y los miembros republicanos de ese cuerpo anunciaron un plan integral para combatir la pobreza en Estados Unidos, pero hasta ahora Univisión y Telemundo han ignorado con esmero la propuesta.
More High-Paying Jobs Leave California; State's Press Is Unconcerned
Another major employer has decided to join the long list of companies moving jobs from California to more business-friendly states. This time, it's $12 billion titan Jacobs Engineering, which is moving its "corporate operations," almost definitely meaning its headquarters, from Pasadena to Dallas, Texas. Press reaction, especially outside of business-oriented outlets, has ranged from nonexistent…
Liberal Pundit: Racist Voters Key Enablers of Republican Agenda
When liberals call Republicans “deniers,” it typically has to do with climate change. Jonathan Chait alleges big-time GOP denial on a non-scientific matter. “Republican voting support is increasingly coterminous with white racial resentment even as conservatives firmly believe in their own racial innocence,” wrote Chait in a Tuesday post. “Conservatives deny the existence of racism in the…
Goldman Sachs: ObamaCare Has Increased Involuntary Part-Time Workforce
In news which appears to have first become known to the general public at the Financial Times on Wednesday, research done by Goldman Sachs indicates that the Affordable Care Act, aka Obamacare, has led to more involuntary part-time employment — something which the Act's proponents claimed is something that wouldn't happen, and still insist hasn't happened. How much more? According to the Times, "…
Elitist Arrogance, Part II
A basic economic premise holds that when the price of something rises, people seek to economize on its use. They seek substitutes for that which has risen in price. Recent years have seen proposals for an increase in the federal minimum wage to $15 an hour. Some states and localities, such as Seattle, have already legislated a minimum wage of $15 an hour.
Media Censor Clinton Wearing $12K Armani Jacket at Inequality Speech
Business
Hillary Clinton made herself look like the out-of-touch elitist she is often criticized for being, but rather than reporting that, broadcast networks hyped her “historic” nomination. When Clinton spoke against income inequality during a April 2016 speech, she wore a jacket, reportedly costing $12,495, from high-end designer Giorgio Armani. The New York Post reported on the jacket and its price on…
LA Times Touts Bogus 7-Year 'Expansion,' Despite 2 Negative Quarters
Taking a cue from the Associated Press's Martin Crutsinger in March of last year, two Los Angeles Times reporters told readers on Monday that the economy is about to complete a seventh year of expansion. No it's not, at least not if historical benchmarks for determining expansions are consistently and properly heeded.
Reporters Jim Puzzanghera and Don Lee couldn't even keep their own standards…
