Housing

In what has become an all too predictable ritual, an AP reporter has tried to make the situation in the economy look like it's on the upswing when it's not. Today, the AP's Christopher Rugaber read the press release on existing home sales from the National Association of Realtors. As a trade group, NAR will tend to put a good (or at least not as ugly face) on even a rough situation. So it's…

USA Today's Web site features an Associated Press report with the headline "Housing starts, jobless claims in good shape."  For the many readers who just scan headlines, that sounds encouraging.  Yet by the second paragraph the article notes "that construction of single-family homes and apartments dipped 1.1% in July compared with June. . ."  And by the third paragraph: Housing has been…

For the past two weeks Barack Obama's media minions have been working overtime trying to convince the American people the President was taken out of context during his now infamous "You Didn't Build That" speech in Roanoke, Virginia. CNN's Donna Brazile and the Washington Post's Ruth Marcus tried making that pathetic claim on ABC's This Week Sunday only to receive a much-needed education from…

Not only is the Associated Press aptly currently described as the Administration's Press -- as least as long as the White House's current occupant remains there -- it also seems to be serving as the Administration's Protection. In a story about the "Lie-bor" scandal, wherein British banks have admitted to colluding to set the London Interbank Offered Rate (LIBOR) -- arguably the world’s most…

At the Associated Press today, trying to build an impression of momentum where there isn't very much, Martin Crutsinger, concerning today's Census Bureau release of May new-home sales data, wrote that, "Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth." We'…

We at NewsBusters have been calling MSNBC's Chris Matthews a sycophant for Barack Obama since at least February 2008 when the so-called journalist bragged on the air about getting a thrill up his leg at the sound of the former junior senator from Illinois' voice. It was therefore quite pleasing to hear former Republican National Committee chairman Michael Steele tell the Hardball host that to…

Over a three year period, from 2007 to 2010, Americans saw their average net worth drop by 39 percent. CBS, however, wasn't interested in this dire economic news.  The network skipped the new report by the Federal Reserve, ignoring it on Monday's Evening News and Tuesday's This Morning. In contrast, NBC and ABC did cover it. But both made sure to avoid any mention of Barack Obama or how this…

It's becoming clearer with each passing day the Obama-loving media are now in a full-scale panic that the man they helped get elected in 2008 is in serious trouble to repeat that feat in 2012. Take for example Newsweek/Daily Beast which published a piece moments ago with the somewhat shocking headline, "Is Barack Obama Too Weak to Win in November?":

Peter Goodman, the business editor for the perilously liberal Huffington Post, has come up with a new highly-derogatory term for people on the right that believe there isn't an unlimited amount of money at the government's disposal. His Monday headline read, "Bleeding Cash Conservatives Wasting Money To Punish Vulnerable Americans":

Readers are strongly advised to remove food, fluids, and flammables from proximity to their computers prior to reading any further. You've been warned! New York Times columnist Paul Krugman said on ABC's This Week Sunday, "It's terribly unfair that [President Obama is] being judged on the failure of the economy to respond to policies that had been largely dictated by a hostile Congress" (…

As we approach Election Day, it's becoming more and more important for the Obama-loving media to give credit to the President for the economies of swing states governed by Republicans that are doing better economically than the rest of the country. Candy Crowley did her part on CNN's State of the Union Sunday by asking Governor Bob McDonnell (R-Va.), "Don’t you credit President Obama at all…

To be fair, the full text of what Martin Crutsinger at the Associated Press wrote in the first sentence of what I believe was the final version of his report today on the Census Bureau's new-home sales release was that "Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover." The other "evidence" he cited related to a small bump…

New York Times columnist Paul Krugman on Sunday continued his campaign to get Barack Obama reelected by misinforming the public about the economy. Appearing on CNN's Fareed Zakaria GPS, the Nobel laureate falsely claimed Republican presidential candidate Mitt Romney wants to enact Greece's failed economic policies here in America (video follows with transcript and commentary):

I just about knew it when I heard a top-of-hour radio report this morning. When the announcer intoned that there was a 3% increase in "home construction" in April, I said to myself: "There's the Associated Press again, up to its old tricks." That was indeed the case. When I went to the related AP reports, I found that they were, like the economic data coming out during the Obama administration…