Economy

In a classic example of a dog-bites-man non-story, the Associated Press is dutifully furthering the "censorship" whine of a rock band that laments that Wal-Mart won't stock its new album, "21st Century Breakdown."Today, Associated Press music writer Nekesa Mumbi Moody hacked out 13 paragraphs to relay how "Green Day lashes out at Wal-Mart policy." Of course the discount retailer's standards for…

On May 15, I posted (at NewsBusters; at BizzyBlog) on the Obama administration's and government-run Chrysler's blatant deception concerning whether plants would be closed as a result of the company's bankruptcy filing. Specifically, on April 29 and 30, Obama, the administration and Chrysler told senators, congressmen, state and local politicians, and local and regional union leaders that the…

During his Saturday, May 16, commencement speech at Fordham University, former NBC News anchor Tom Brokaw fretted that the "vital signs" of "Mother Earth" have "taken a turn for the worse," as he cited global warming as a problem this year's graduating class would need to help solve. He also used the term "economic justice," a term commonly invoked by the Left, as he called on graduates to "…

NBC's coverage of a new bill that restricts credit card companies has been riddled with contradictions - first attacking companies for taking advantage of young people, then admitting students need to build credit. On May 14 "Nightly News" anchor Brian Williams said, "graduates enter the world with awful credit card debt" and then reporter Lisa Myers demonized credit card companies for…

Here's a CNN e-mail alert I just received a couple of hours ago: So how did the Associated Press's Jeannine Aversa report the above raw news? As you would expect an Obama apparatchik to do it (reproduced in full as it existed at 3:15 p.m.; bold after title is mine): Fed sees hopeful signs but downgrades '09 forecast WASHINGTON (AP) — The Federal Reserve expects the economy to improve in coming…

Wow. Just wow. If this New York Times headline isn't an act of advocacy for higher taxes in California, what is? With its May 20 coverage of the vote for California's tax hiking ballot measures, the Times plainly scolds fed-up voters for rejecting them with a headline that pointedly says: "Calif. Voters Reject Measures to Keep State Solvent."Really? The Times thinks California's voters want a…

Nortin Hadler, M.D. is a "professor of medicine and microbiology/immunology at the University of North Carolina at Chapel Hill, and an attending rheumatologist at University of North Carolina Hospitals."He also thinks that a number of procedures commonly thought of as beneficial have no or very minimal benefit.The fact that ABC is carrying Hadler's exhortations may be a clue that the network is…

While reporting on the Obama administration’s plan to impose higher fuel standards on cars and trucks on Tuesday’s CBS Early Show, co-host Harry Smith asked Obama environmental advisor Carol Browner: "As a former long-time administrator of the EPA, how overdue is this?" Browner replied: "It is long overdue. You know, Congress stood in the way of tougher fuel economy standards for a long time.…

"Good Morning America" co-host Diane Sawyer on Tuesday aggressively lobbied for the Obama administration to install a European-style gas tax on the United States. Talking to Carol Browner, Assistant to the President for Energy and Climate Change, about Obama's plans for increased fuel standards, she began, "Why not just go to a gas tax, for instance, which would accomplish a reduction in the use…

As Californians go to the ballot box to vote whether or not to increase their taxes, government leaders in Sacramento are trotting out "the usual human shields" - kindergarteners, firefighters, policemen and nurses to frighten people into voting. The ballot initiative, promoted by California Gov. Arnold Schwarzenegger, has little to no chance of passing according to the Los Angeles Times. But…

You know the era of big government is alive and well when you see a mainstream news outlet praise the growth of the public sector as a "bright spot." Leading up to and throughout the 2008 national election cycle, CBS News was generally downbeat on the economy, even when times were much better than they are currently. However, now that government has taken a much larger role in the private…

Katie Couric sees America through a very dark prism. On Monday, she launched a new “Children of the Recession” series, in collaboration with USA Today, with an op-ed in “the nation's newspaper” in which she speculated today's kids may become the “Recession Generation” since “in some ways, I think they already are,” or the “innocent victims could become the Lost Generation.” Then, on Monday's CBS…

Naming a man who wants to levy sin taxes on soda pop to be the head of the federal Centers for Disease Control and Prevention (CDC) might not be the politically wisest thing for President Obama to do, especially on the heels of massive TEA Party protests. But then again, with media outlets like the Washington Post leaving that controversy unmentioned, perhaps the White House calculated correctly…

Imagine if in December George W. Bush and his administration had: Decided to issue the initial bailout billions to General Motors but not Chrysler, thereby forcing Chrysler into bankruptcy.Had his advisers get on the phone with elected officials in towns and states where Chrysler has plants and told them that the bankruptcy was about to happen.Said that the Chrysler bankruptcy "will not disrupt…