Economy

A Wednesday post by economics reporter Catherine Rampell on the paper's Economix blog hits hard at the common liberal target of "extreme" and "stark" income inequality in America: “Inequality Is Most Extreme in Wealth, Not Income.” Rampell’s word choice sent the message (perhaps unconsciously) that income isn’t earned through hard work or talent but is instead passively and undeservedly “…

Kicking off the March 30 edition of "Last Word," MSNBC anchor Lawrence O'Donnell unleashed a torrent of insults aimed at Rep. Eric Cantor (R-Va.). "House Majority Leader Eric Cantor is the most stunningly ignorant member in the history of the Congress," bellowed O'Donnell. "That's right. Eric Cantor revealed today in a press conference that he does not know how a bill becomes a law. Seriously…

It was good economic news on CNN's Newsroom this morning. After a brief mention of radiation in Japan, anchor Carol Costello reported: Brand new numbers out of the Labor Department this morning. It turns out jobless claims plummeted last week. Down 6,000 to 388,000. I'm not certain what dictionary CNN news readers use, but "plummet" wouldn't seem to be the right verb.  Merriam-Webster's…

UPDATE, April 1: Joshua Shapiro, who is "quoted" in the AP article covered in this post, has emailed me and informed me of the following --  Christopher Rugaber did not speak with him, but instead used text from "a written note that I (Shapiro) produced after the jobless claims report was released." Shapiro is unhappy at my making it appear that he is fooled by establishment press…

Good Morning America’s Jon Karl on Thursday used a new study by the liberal Environmental Working Group [EWG] to deride the calls of spending cuts by certain Tea Party Republicans as "hypocritical." Karl didn’t raise any concerns about hyping the claims of the EWG, an organization that, as Michelle Malkin pointed out in 2002, has railed against hair spray, playgrounds and the conservative…

Greedy, deep-pocketed Wal-Mart went to the Supreme Court yesterday to argue it's "too big to sue." That's the sort of rhetoric one might expect from Brad Seligman, one of the attorneys representing Christine Kwapnowski and a handful of other women who are suing Wal-Mart on the claim of gender discrimination. Appearing with Kwapnowski on Tuesday's CBS "Early Show," Seligman used those words…

Once again, Comedy Central's Jon Stewart sacrificed "civility" in order to sharpen his liberal arguments – this time attacking corporations for greed. The liberal comedian, who time and again has used his national podium to cry out for civility in the nation's political discourse, resorted to vulgar name calling Monday during a four-minute tirade against big-business. During the segment full…

Handicapping a case heading to oral argument before the U.S. Supreme Court today, Yahoo! Finance's Daniel Gross insisted that "Wal-Mart has to like its chances" because "[t]he Supreme Court under Chief Justice John Roberts has generally been pro-business and hostile to the cause of workers." Gross, who is also a senior editor for Newsweek, cited the 2007 ruling -- erroneously writing that the…

Left-wing funder extraordinaire George Soros isn’t content with just promoting his long list of liberal causes. He wants to remake the global economy. This plan, first revealed by the Media Research Center last week, continues to get more obvious. Soros has spent $50 million getting the group INET (Institute for New Economic Thinking) to throw a remake of the famous Bretton Woods conference…

Norman Braman is not your typical billionaire car dealer. Nor is he your typical establishment Republican, who too often puts party above principle. Norman Braman is the type of person who strikes fear into the hearts of every professional politician who thinks he can say one thing to get elected and then do the opposite once in office. In case you haven't been paying attention, Braman led a…

Within the same sentence, MSNBC's Andrea Mitchell spurned the budget repair law crafted by Republican Governor Scott Walker of Wisconsin as "drastic" and celebrated a similar plan championed by Democratic Mayor Antonia Villaraigosa of Los Angeles as "a good deal." On the March 25 edition of "Andrea Mitchell Reports," the daytime anchor praised the Democratic budget bill in Los Angeles as a "…

On Thursday at Reuters, Andrew Quinn, with the help of Caren Bohan, cobbled together a pathetic "analysis" full of sympathy for a "struggling" Barack Obama and recognition of the need to keep oil flowing from Saudi Arabia. It also contained a false jab at George W. Bush and the War in Iraq. First, let's look at Quinn's Bush jab: Obama is committed to partnering with other countries rather…

Are you a liberal journalist looking for a way to gloss over an interest group's liberal bent? Just follow the lead of Washington Post staffer Dan Eggen and call it a "public-interest" or "consumer advocacy" group. That's how Eggen tagged the Media Access Project (MAP) in an article on the March 24 Washington Post "Fed Page" (emphases mine):

Economic lunacy abounds, and often the most learned, including Nobel Laureates, are its primary victims. The most recent example of economic lunacy is found in a Huffington Post article titled "The Silver Lining of Japan's Quake" written by Nathan Gardels, editor of New Perspectives Quarterly, who has also written articles for The Wall Street Journal, Los Angeles Times, New York Times and…