Government Agencies

Yesterday (at NewsBusters; at BizzyBlog), I noted Fannie Mae's $72 billion loss announcement and the ward of the state's simultaneous $15.3 billion handout request. Late Friday was also the occasion for the release by the Treasury Department of the "2009 Financial Report of the United States Government." The report shows how seriously the government's financial situation deteriorated during the…

CNN chief medical correspondent Dr. Sanja Gupta pressed HHS Secretary Kathleen for price controls in all parts of the health care industry on Thursday's Newsroom. Gupta stated that insurance companies were "just the tip of the iceberg" of health care costs: "There are a lot of different organizations, groups, people who contribute to health care costs. Are you going to be going after all these…

Special C-SPIN Coverage of the Toyota Recall Hearings [Satire]House Committee on Energy and Commerce, Subcommittee on Oversight and InvestigationsFebruary 23 Begin transcript: REP. WALDEN (R-OR.): Secretary LaHood, are Toyotas safe to drive? SEC. LAHOOD: We believe that the Toyotas listed on our Web site are not safe to drive - unlike the sporty, affordable Chevy Cobalt. REP. SUTTON…

I guess we could call it the congressional leakers' version of "spreading the wealth." As noted in a post late Sunday evening (at NewsBusters; at BizzyBlog), the Detroit News received a "10-page document" from what had been a Toyota internal presentation that more than likely came from someone who is either a member of or working in Congress, or is involved with the Department of Transportation…

UPDATES: (New NB posts) The Politico gets its own slightly different set of Toyota documents; The False Toyota ‘Brag’ and ‘Win’ Memes Turn Into a SwarmHow coincidental. A Detroit News item by David Shepardson supposedly indicating that Toyota is more concerned about saving money than driver safety surfaces less than 48 hours before congressional hearings are to begin. His story's basis is a…

Yvo de Boer resigned yesterday as Executive Secretary of the UN Framework Convention on Climate Change. Here are three key passages from the official announcement at the UN's web site: The top United Nations climate change official said today that he has made the “difficult decision” to step down from his position, citing his desire to pursue new opportunities to advance progress on the issue in…

In late August 2009, Toyota announced that it would close its New United Motor Manufacturing Inc. (NUMMI) factory in Fremont, California at the end of March. The plant had been a joint venture of the company and General Motors until June, when GM withdrew. Almost six months later, in the wake of a series of Toyota product recalls, and roughly seven weeks before the plant's scheduled shutdown,…

On January 27, in the wake of Toyota's gas-pedal recall, the Associated Press ran what might as well have been a free advertisement for a marketing effort by government-controlled General Motors: Is there any substantive difference between the three paragraphs above and the text of a paid ad? Today, they just did it again, this time for government-controlled Chrysler (what follows is most of…

Time after time, the Obama White House has demonstrated a desire to control the message and flow of information, whether it's issues on health care, the economy, bailouts and the latest - climate science.  With cap-and-trade legislation waiting in the wings that would come at an estimated cost of up to $200 billion, or $1,761 per household, according to the Treasury Department, the federal…

In a post late Thursday afternoon (at NewBusters; at BizzyBlog), I noted that the half of the teases (6 of 12) for the Associated Press's short videos in business stories at its web site were about Toyota, specifically its recent product quality issues and falling sales.In that post, I noted a conflict of interest in the relationship between the U.S. government and Toyota, and wondered when…

The government's traditionally enforced safety standards on automobiles sold in the United States. But the government didn't always own a car company. So you'd expect the media to take a hard look when the government's roles as regulator and competitor converge. But unless you saw the Jan. 28 broadcast of CNBC's "Power Lunch," you might not realize that this is exactly what has happened. In…

In his State of the Union address last night, President Barack Obama had this to say about the Supreme Court's recent ruling on campaign finance: With all due deference to separation of powers, last week the Supreme Court reversed a century of law that I believe will open the floodgates for special interests - including foreign corporations - to spend without limit in our elections. I don't think…

Sometimes getting hung up on percentage increases causes one to miss what's going on with the actual numbers. Such is the case in a January 26 front page story by USA Today's Richard Wolf. USAT's is the only recent original coverage I have found thus far relating to increases in the national welfare rolls during the recession. (An unbylined story at UPI merely reports on what USAT's Wolf wrote…

I don't know why I'm relaying this to readers. After all, according to former White House Communications Director Anita "Mao Inspires Me" Dunn, it's not coming from a real news organization. Her successor, Dan Pfeiffer, agrees. So does David Axelrod. But on the off chance that what follows might actually mean something, here is an excerpt from a lengthy piece of investigative journalism from Fox…