In speech at the National Press Club on Tuesday, New York’s senior Democratic Senator Chuck Schumer expressed regret over how Democrats handled their large majorities following the 2008 election in passing ObamaCare when they should have focused first on economic issues to address the recession.
Since then, the remarks have received no coverage from any of the “big three” in ABC, CBS, and NBC on…
It's amazing how any reporter can cover the deepening economic crisis in Venezuela without saying a word about how the country got there.
But Associated Press reporter Hannah Dreier was up to the task. In a bizarre, sickening November 20 report on how its people are having to get "creative" in the face of chronic shortages of basic goods to get by, she acted as if those shortages — and the over…
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Mika: Providers 'Shouldn't Be Charging' for Aviation Wifi
When the revolution comes, everything will be free! Mika Brzezinski gave us some good insight today into the liberal mind when it comes to economics.
The Morning Joe host was reacting today to news that for Thanksgiving, Verizon will be giving travelers free wifi in flight and at several airports around the country. Mocked Mika: "thank you so much for something you shouldn't be charging us…
Schumer: Election Results Show That Dems Need to Go Further Left
An Associated Press story late this afternoon has New York Senator Chuck Schumer saying the darnedest things, with only a tiny bit of pushback from reporter Charles Babington.
In the wake of a midterm election rout which saw Republicans win at least eight Senate seats, increase their House majority, and take gubernatorial races in at least three deep blue states (MD, MA, and IL), Schumer now…
AP Is Stunned at Japan's Recession Despite 'Unprecedented Stimulus'
After reading Elaine Kurtenbach's coverage of how Japan's latest dive into yet another recession is affecting young people there, I can only say, "The Keynesian koolaid is strong in this one." The AP reporter's headline says that the recession was "unexpected," and her first sentence calls it "a surprise." Anyone watching economic events in the country, and I think that's supposed to include…
Top Engineers Throw Up Their Hands on Renewables, Ignore Nuclear Power
As of 5:30 p.m. ET today, a search on "Koningstein" at the Associated Press's national web site returned no results.
That's an indication that the wire service's globaloney-believing pseudo-science reporters are still trying to figure out how to respond to a November 18 article in the IEEE Spectrum by Ross Koningstein & David Fork, a pair of Google engineers tasked by the company in 2007 to…
No, AP: Monthly Deficit Is Not the Same As What Government Borrowed
Old habits die hard at the Associated Press, aka the Administration's Press — especially when those old habits help Dear Leader's regime look better, or less awful, than it deserves.
It's been eight days, but it's still worth a look. On November 13, the government released its Monthly Treasury Statement for October, showing that Uncle Sam ran a $122 billion deficit. In his coverage of that…
Press Buys Fed's Claim That Extended Jobless Benefits Had Small Impact
Boy, it's a good thing that the unemployment benefits Congress continued to extend during most of the first five-plus years of Barack Obama's presidency didn't hurt the economy much.
A study commissioned by the Cleveland branch of the Federal Reserve concluded that extended benefits "only account for a fraction of the actual increase in the unemployment rate." The allegedly minimal impact of…
Not Reported: The South Is Carrying the Nation's Homebuilding Industry
Today at the Assocated Press, aka the Administration's Press, Martin Crustsinger covered the Census Bureau's report on new home construction in the usual way. Regardless of whether a given month shows improving or declining data, the wire service's overall message is almost invariably, "Things are really getting better. No, really."
The sentence promoting that point of view in Crutsinger's…
Keynesian Fail: Japan 'Unexpectedly' Falls Into Another Recession
There were several more of those infamous "U-word" ("unexpectedly") sightings yesterday in the business press, as Japan — to the surprise of no one who has successfully avoided the Keynesian koolaid — reported that its economy shrank for the second quarter in a row, officially falling into yet another recession. The U-word hit the trifecta, appearing in reports at the Associated Press,…
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Obvious Gruber Reference Completely Goes Over Chris Matthews's Head
Earlier today in a press conference, Speaker of the House John Boehner made a quip about President Obama's veto threat of a bill to authorize the Keystone XL oil pipeline which indirectly referenced Jonathan Gruber's infamous "stupidity of the American voter" line regarding the selling of ObamaCare.
Hardball host Chris Matthews played the clip on his November 18 program, but seemed completely…
Lefty Blogger: Kansas Proves Gruber’s Point About Voter Stupidity
The Esquire blogger Charles Pierce laments that Kansans gave their Republican governor another term even though his “extreme applications of conservative economics” have made the state “a basket case.” Kansas is apparently a "state full of clodhopping, drooling yahoos."
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Mika Admits: If Gruber Were Republican, MSM 'Would Be Exploding'
Kudos to Mika Brzezinski for admitting the truth: if Jonathan Gruber were a Republican, the MSM "would be exploding." Instead, noted Mika on today's Morning Joe, the MSM has been silent on the Gruber story, with only conservative sites covering it.
Mika contrasted the current quietness on the MSM-Gruber front with the media "firestorm" that erupted when David Stockman made his infamous…
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ANOTHER Gruber 'Stupid Voters' Vid Appears; Fox's Megyn Kelly Goes Off
If Jonathan Gruber, the Obama administration and the establishment press thought that Gruber's faux mea culpa appearance on MSNBC Tuesday afternoon would get them off the hook and avoid the need to deal with and cover the Obamacare architect's exposure of the left's mendacity, they were sadly mistaken.
There's yet another damning "stupid voters" video. Megyn Kelly was all over it Tuesday night,…