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CBS Warns U.S. Business Could ‘Endanger’ Cuba’s ‘Unique Charm’
During a report promoting U.S. companies expanding business in Cuba, correspondent Margaret Brennan also lamented a downside: “Cuba remains one of the few countries in the world left virtually untapped by American corporations due to the long running trade embargo....But visitors like Manuel Leone fear that an influx of big businesses will endanger Cuba's unique charm.”
Lefty Writer: GOP’s Been On the Road to Fascism ‘Since at Least 1994’
Plenty of conservatives would concur with Daily Kos writer Mark Sumner that Republican presidential frontrunner Donald Trump is a fascist. They certainly would not agree with Sumner’s belief that the GOP as a whole has become increasingly aligned with fascism “since at least 1994.”
Sumner contended in a Sunday article that beginning in “the time of the Gingrich,” Republicans “realized they could…
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Costello Gripes Only Women Voters Labeled, But Cited 'Angry White Men'
There was a serious case of selective amnesia induced by liberal bias on Thursday's CNN Newsroom as host Carol Costello oddly complained about women voters having labels like "soccer moms" and "welfare queens" applied to them while men supposedly escape such labeling. But just barely a week ago on her show, Costello herself asked about "angry white men" supporting Donald Trump.
As Income Gains Almost Evaporate, AP Is Rooting For Higher Inflation
The government's Bureau of Labor Statistics reported today that consumer prices fell 0.2 percent in February.
Lower prices should be good news, right? Wrong, at least according to Martin Crutsinger at the Associated Press. Crutsinger's Wednesday dispatch also managed to ignore the fact that even the supposedly low inflation seen during the past 12 months has eaten up most of workers' very…
CNN: 'Hillary Can't Kill Coal; It's Already Dying' (Because of Obama)
In a Monday afternoon post which gets close to taking pleasure in the serious economic decline in the heart of the coal mining industry in West Virginia, CNN Money's Patrick Gillespie observed, based on Hillary Clinton's recent remarks about coal miners' jobs, that she "has no love for coal companies."
But in Gillespie's world, what Mrs. Clinton said doesn't matter, because "Clinton won't have…
AP Lauds Tiny Manufacturing Pickup, Avoids Sharp Total Production Drop
The business press's determination to convince the public that weak economic news is really strong seemingly knows no bounds.
Today, shortly after the Federal Reserve's Industrial Production report for February showed a seasonally adjusted 0.5 percent decline — worse than expectations of -0.3 percent — the Associated Press pretended in its headline and in reporter Christopher Rugaber's first…
Blogger: Communism’s ‘Impractical,’ But So Is ‘Unregulated Capitalism’
Many left-wingers still insist that supporters of Donald Trump are conservatives, but Washington Monthly blogger David Atkins finds Trump backers “far less terrifying” than staunch right-wingers. In a Sunday post, Atkins opined that even though Trump’s base voters tend to be mean and “ignorant,” movement conservatives are “more morally objectionable” because they believe in “economic royalism.”…
AP, As Retail Sales Fall: Americans 'Reluctant to Open Their Wallets'
Today's report from the government on February's retail sales was awful. Last month's sales fell by 0.1 percent, which was bad enough. Beyond that, January's originally reported 0.2 percent increase was revised down to a 0.4 percent decrease. Additionally, as I noted at my home blog this morning, January's seasonally adjusted revision should have been much worse, based on how terrible that month'…
Blogger: Obama Has Done More For Blue-Collar GOPers Than GOP Has
These days, one of the biggest meta-debates in politics concerns apportioning blame for the staying power of the Donald Trump circus. How much of Trump’s popularity is attributable to, say, the mainstream media? To conservative talk radio? In a Sunday post, The Washington Monthly’s Martin Longman pointed the finger at Republicans and absolved President Obama.
Apropos of Trump’s economically…
AP Has Falsely Cited 'Perked Up' Sales at Wal-Mart Since Last Summer
Retail giant Wal-Mart Stores Inc. apparently got on the good side of the Associated Press a year ago when it announced that would be raising entry-level wages.
Since that announcement, AP, in particular wire service reporter Anne D'Innocenzio, has been excusing the company's relatively poor financial performance while complimenting it for a virtually imaginary "perk up" in sales. Falling profits…
Formerly Conservative Writer Foresees Decline of Conservatism
Michael Lind thinks that movement conservatives are becoming a minor force in American politics, supplanted less by liberal Democrats than by what might be called Trump Republicans.
In a Wednesday article for Politico, Lind contended that growing “populist discontent” is bringing about “the gradual replacement of Buckley-Goldwater-Reagan conservatism by something more like European national…
CNN Money: Voter Anger Has 'Some Rationale,' But Decades in the Making
From reading most establishment press news, especially their economy-related reports, you'd think that those who are complaining about the current U.S. economy are outliers — especially the millions of Americans who are angry about it. Though they sometimes acknowledge that forward progress since the recession hasn't been robust, the media's meme-makers have mostly told us that "overall job…
Carl's Jr. HQ Moving From Calif. to Nashville; Press Avoids Saying Why
For years, Andrew F. Puzder, the CEO of CKE Restaurants, the parent company of the Carl's Jr. and Hardee's fast-food chains, has been telling the world that while the U.S. government makes life needlessly miserable for businesses, California, where it has been headquartered, is exponentially worse.
This week, CKE announced that it is moving its headquarters to Nashville, Tennessee. A story at…
Not News: Economy's Wholesale Sales at a Four-Year Low
Actual sales at the wholesale level in January, as reported today by the Census Bureau, fell sharply from December. That's to be expected. But this time was different — really different, because the drop was to a level lower than January 2012, i.e., four years ago.
Four press outlets which covered today's release either missed (or ignored) this shocking news. They only told readers about what…
