Government Agencies

The co-founder of progressive blog The Huffington Post, Arianna Huffington, has attributed the West Virginia mining disaster, along with virtually every other accident under the sun, as a direct result of  small-government and corporate greed in the April 13 Huffpo column "The West Virginia Mining Disaster and the Financial Crisis Have the Same Root Cause." "Officials say it's too soon to…

Last May, I wrote a column called "The Federal Deficit Becomes Nearly Indecipherable," pointing to a mid-fiscal year policy shift in how the government handles the Troubled Asset Relief Program (TARP) and other bailout efforts: What Treasury did in April (2009) was to convert the TARP “investments” it began making in October in the country’s financial institutions, General Motors, Chrysler…

The establishment press has for decades and almost without exception insisted that FDR's sacrosanct legacy of Social Security can go on and on with only minor tweaks, and that if trouble looms, it's way out there in 2040 or so when the "Trust Fund" is depleted. The problem is that during that time the federal government has raided the annual surpluses generated by "Trust Fund" which now consists…

One would think that in a story about how a four-year move-up of higher fleet gas mileage requirements being imposed by the Environmental Protection Agency would at least look at which manufacturers might be more or less affected by them based on what they currently sell, and how those sales are trending. Well, most readers here don't think like writers at the Associated Press. Heck, in his…

A recent blog post from Earl Devaney seeks to dispel several so-called myths involving the Recovery Board, but does little to dispel the notion that those operating the Recovery.gov Web site are woefully inept. In fact, Devaney's defense for the ‘phantom' congressional districts (clerical errors), the claims that he reports to the Obama administration (they simply listen and adjust their thinking…

Government/General Motors announced today that it lost $4.3 billion during the second half of 2009 (actually from July 10 through the end of the year). A further look at that result will come later after yours truly has time to digest GM's 10K Report to the Securities and Exchange Commission. What stood out even further for me about the announcement was GM's top line, i.e., global revenues. That…

Burdened under a mountain of student debt? CNN has the answer - dedicate ten or so of your prime years to social work. Better yet, join the AmeriCorps. Doing her best to channel Obama's inspiring Notre Dame address about shunning immoral endeavors in the private sector for virtuous and selfless community endeavors, Stephanie Elam sounded more like a Public Works Czar than a CNN correspondent…

Yesterday, Government/General Motors announced changes in its financial management team. Chris Liddell, who himself just started at GM in January, brought on a new VP to be involved with its pension investments. More interestingly, he hired a new VP and Treasurer with an interesting background (bold is mine): During his 11 years at Morgan Stanley (head of Industrials Investment Banking), (Daniel…

(March 27th, 10:06 a.m. -- Please see update at the end of the post.)What is the first step in the main stream media's handbook of liberal bias?  Why, alter the headline to fit your agenda, of course.To say that CNN was misleading in their headline about James O'Keefe is to be kind: Feds punish ACORN filmmaker?  Seems an odd choice of headline considering the article itself does not mention any…

Doing work the Associated Press refused to do -- or more specifically, providing context the AP refused to provide -- Sweetness & Light's indefatigable blogger Steve Gilbert gave readers the back story behind the order by U.S. District Judge James Robertson (pictured at right) to release Guantanamo Bay detainee Mohamedou Ould Salahi. Salahi is said to have, in the words of the wire service's…

In a week that has been chock full of lame claims, it would not be correct to say that the howler propagated by Sharon Thiemer of the Associated Press on Tuesday is the worst. But it's definitely in the upper echelons.In an item about government bureaucrats' increased volume and increased level of excuse-making for denying Freedom of Information Act requests, Theimer acts as if the guy in charge…

The liberal media's favorite targets - Wall Street "fat cats" - have endured a firestorm of outrage and attack over bonuses since the financial meltdown. As some, like CNBC contributor Rick Santelli pointed out however, part of the screaming is the result of it is Obama and the White House whipping up political outrage.  Now we'll have a chance to see if it's also selective outrage. Fox…

The Associated Press's timing couldn't have been better for those who still want to pretend that Social Security is really not in serious trouble. Stephen Ohlemacher's item ("Social Security to start cashing Uncle Sam's IOUs") originally appeared on Sunday, in the midst of most of the major college basketball conference tournament championships, then followed by the evening's announcement of the…

The Associated Press's 10:33 p.m. rendition of its coverage of the ongoing James Sikes "Runaway Prius" saga begins with the following headline and opening pair of paragraphs: The problem is that the AP report's complete content, in combination with properly understood English and the relevant definitions at the always-handy dictionary.com, make it clear that Sikes's lawyer hasn't "rebutted"…