Government Agencies

New York Times reporter Robert Pear ought to consider moonlighting as a stand-up comic in the tradition of Steven Wright. Wright's deadpan delivery is legendary. Pear's deadpan lines in his article about the immense paperwork burden heading the economy's way in the form of requiring IRS 1099 forms to be issued to each and every person paid $600 or more during the course of a calendar year for…

It seems reasonable from their coverage in anticipation of the Census Bureua's release of income and poverty statistics this week that Hope Yen and Liz Sidoti of the Associated Press have a roof over their heads and aren't particularly worried about where their next meal is coming from. If so, good for them; may those circumstances continue. What's remarkable, though, is how a government report…

For the record, here are the first and fourth sentences from the Federal Reserve's Beige Book released earlier this afternoon: Reports from the twelve Federal Reserve Districts suggested continued growth in national economic activity during the reporting period of mid-July through the end of August, but with widespread signs of a deceleration compared with preceding periods. ... However, the…

Obama administration Labor Secretary Hilda Solis (pictured at right with what I would guess is her ideal car of the future) shamelessly used Labor Day weekend as an opportunity to score political points. In a presentation that was more a political stump speech than an informative presentation, Solis recited a litany of alleged accomplishments. Many of them have no relationship to what her…

The news out of Government/General Motors during the past couple of days hasn't been particularly good. First, August sales results were disappointing. Second, it become known today that GM will attempt to go public on November 18, a later than originally hoped post-election date chosen to hopefully allow for another reported quarterly profit to boost investors' appetite for its shares. As so…

In late July, a Government Accountability Office report circulated which analyzed stimulus funding being spent by the Department of Energy.  The main gist of that report involved the cost of each job being generated by the stimulus bill - a staggering $194,000.  Tucked away in that report was a phrase that was new to most of us, a way to calculate jobs through a term called ‘lives touched'. Last…

The theater of the Sherrods continues. Earlier today, Shirley Sherrod, who, according to the current version of ruling class wisdom, was prematurely evacuated from the USDA by Director Tom Vilsack, decided not to accept an offer to return to the agency. Instead, according to Politico's Matt Negrin, "she hasn’t accepted the department’s offer to work there again, but that she wants 'some type of…

Call it "No Contractor Left Behind." The Robert F. Kennedy Community Schools in Los Angeles, apparently opening soon, will serve roughly 4,200 students in grades K-12. Its cost is coming in at $578 million, or almost $140,000 per student ($2.75 million per 20-student classroom). This is the LA Unified District's most flagrant example of its Taj Mahal obsession, and it is far from the only one.…

The Theater of the Sherrod(s) is apparently not over. At AL.com last night, Mike Tomberlin of the Birmingham News reported the following: Former USDA employee Shirley Sherrod says she will meet Tuesday with agriculture secretary Shirley Sherrod, the former USDA rural development director for Georgia, said today she plans to meet Tuesday with U.S. Secretary of Agriculture Tom Vilsack to discuss…

Here's how the Associated Press's Martin Crutsinger and Daniel Wagner reported the housing portion of their Tuesday report on the day's economic news ("Factories aid bumpy recovery, housing still weak"): Single-family home construction, which represented nearly 80 percent of the market, fell 4.2 percent. And requests for building permits, considered a good sign of future activity, slid 3.1…

While ABC and NBC ignored a Monday USA Today report that found a significant gap in compensation between public and private sector employees, on Tuesday's CBS Evening News, correspondent Sharyl Attkisson provided a full story: "While many Americans have suffered pay cuts or job losses, one group is bucking the trend – federal workers." Attkisson described how the "analysis finds that federal…

Earlier today, NB's Lachlan Markey covered Bill O'Reilly's interview with the Fox Business Channel's Charles Gasparino.In that interview, Gasparino confirmed what the New York Post reported in April of last year, namely that "GE Execs Encouraged CNBC Staff to Go Easy on Obama."The suits at GE, including Chairman Jeff Inmelt, had a clear motivation for encouraging their reporters to lighten up,…

On August 3 ("U.S. To Train 3,000 Offshore IT Workers"), InformationWeek.com's Paul McDougall reported that the U.S. Agency for International Development is operating at cross purposes with the Obama administration's stated goal to keep high-tech jobs in the U.S. USAID has since attempted to do some backing and filling about the assistance it is providing in Sri Lanka, but its arguments may ring…

CNN's Joe Johns surprisingly highlighted Charles Sherrod's racially-charged comments about stopping "the white man and his Uncle Toms from stealing our elections" during a segment on Thursday's Anderson Cooper 360. Johns also reported on the questions being raised by conservatives about how his wife Shirley Sherrod received her former position at the U.S. Department of Agriculture [audio clip…