Imagine That: 'Anti-Corporate Rhetoric' Affects the Economy
April 29th, 2016 11:16 PM
On Thursday, shortly after the government estimated that the economy only grew at an annual rate of 0.5 percent in this year's first quarter, Jeffry Bartash at Marketwatch.com commented on the especially weak performance in nonresidential business investment.
That category subtracted 0.76 points from GDP, the worst result since the second quarter of 2009, during the recession. Bartash,…
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Matthews: Cruz Is Lucifer While ‘John Boehner Is the Angel with Wings'
April 29th, 2016 12:43 PM
Whenever a Republican lawmaker either leaves office, passes away, or trashes a conservative, you can bet that someone in the liberal media will be there to suddenly heap praise on them and MSNBC’s Hardball host Chris Matthews was there Thursday night to compared former Speaker of the House John Boehner to “Michael the Archangel” “with wings and sword” versus Ted Cruz as “one in the tail and…
Broke Socialist Paradise Venezuela Can't Pay to Have Its Money Printed
April 29th, 2016 12:44 AM
Venezuela's hyperinflationary economic crisis has gotten worse in one very important and apparently unprecedented sense than even the one seen in Weimar Germany in the 1920s. Yet the Associated Press and the New York Times apparently have no interest in telling their readers, listeners or viewers about it.
In the post-World War I German Weimar Republic, the situation became so out of control…
Not News: $4 Trillion in Annual GDP Growth Lost to Regulations
April 28th, 2016 11:09 PM
The editorialists at Investor's Business Daily have reported on the results of an important study by several George Mason University Mercatus Center economists showing what regulations have cost the economy in economic growth since 1980. The establishment press, which has been singularly uninterested in reporting anything that has to potential to slow the regulatory leviathan down — y'know,…
WashPost to Pastor: How Would You Treat A Demonically-Possessed Cruz?
April 28th, 2016 8:30 PM
The Washington Post's Philip Bump followed the Huffington Post's example on Thursday in semi-seriously pursuing whether Ted Cruz is, in fact, "Lucifer in the flesh," as former House Speaker John Boehner recently put it. But instead of turning to a Satanist, the journalist consulted with a pastor/exorcist, even though he admitted that "of course there was no truth" to the Republican's jab at the…
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CNN's Camerota Hounds Fiorina Over Outsourcing, 'Stunt' Role
April 28th, 2016 3:12 PM
CNN's Alisyn Camerota tossed mostly hardballs during her interview of Carly Fiorina on Thursday's New Day, especially on the issue of outsourcing. Camerota first cited how the former HP executive was "very honest about the jobs...[she] outsourced" back in 2004, and wondered, "Do you fear that your take back then — and the outsourcing — will come back to haunt you in Indiana?" The anchor followed…
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Matthews: Brainless Cruz Is a Bigamist for These Political ‘Marriages’
April 27th, 2016 9:01 PM
Having missed Tuesday’s primary results coverage due to his wife Kathleen losing her Maryland congressional race, MSNBC’s Hardball host Chris Matthews returned with a vengeance on Wednesday to accuse Republican presidential candidate Ted Cruz of having “given up on his brain” in fighting Donald Trump and joked that Cruz is a bigamist for his many political “marriages.”
AP Story on Anti-Trump Violence Explains Why So Few Trust the Media
April 27th, 2016 8:07 PM
An April 17 Associated Press story reported that "Just 6 percent of people say they have a lot of confidence in the media." AP writers Carole Feldman and Emily Swanson complained that "perceptions of inaccuracy and bias, fueled in part by Americans' skepticism about what they read on social media."
In a later paragraph, they confessed that "The poll shows that accuracy clearly is the most…
Bloomberg: As 'Microscopic' Growth Looms, Lower Your Expectations
April 27th, 2016 12:08 PM
Just in time for tomorrow's first-quarter economic growth announcement from the government, Bloomberg Businessweek's Economics Editor is telling readers: "Don't Sweat America's Upcoming Microscopic GDP Growth."
Besides, Peter Coy writes, people need to get used to the supposedly inescapable fact that "Normal growth for the U.S. economy is just a lot lower than it used to be." Americans shouldn't…
On CNN.com, BET Editor Hypes 'Political Goddess' Beyonce
April 26th, 2016 5:26 PM
BET's Clay Cane touted Beyonce's "transformation" and "musical revolution" in a Tuesday op-ed piece on CNN.com. Cane gushed over the pop singer's new album as her "most important piece to work to date," and asserted that she has become a "political goddess" who has "shattered the limits" of expression for black women.
Delusional AP Treats Awful Economic Report as ‘Rebound’
April 26th, 2016 12:33 PM
Today's stories at the business wires covering this morning's disastrous durable goods report from the Census Bureau ranged from good to absolutely horrid. March orders only increased by a seasonally adjusted 0.8 percent, less than half of the 1.7 percent to 2.0 percent increase that was expected. Additionally, February's originally reported decline of 2.8 percent was revised down to -3.1 percent…
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HBO's Gumbel to NBA, NFL: Punish North Carolina for Its 'Bigotry'
April 26th, 2016 11:36 AM
On the April 19, 2016 edition of Real Sports, HBO's Bryant Gumbel urged the top executives of the NBA, NFL, and the NCAA to penalize North Carolina over H.B. 2, which he underlined has been "labeled the most extreme anti-LGBT measure in the country." Gumbel claimed that the new law "uses the guise of bathroom concerns to deny certain rights to gay and transgender people, and effectively green…
Obama Takes Credit For 'Saving World Economy From a Great Depression'
April 25th, 2016 6:25 PM
If what Barack Obama contended in London, England on Saturday was obviously true, I suspect that the establishment press would be broadly proclaiming it and looking back at the President's wonderful work.
What Obama is claiming — that his presidency is responsible for "saving the world economy from a Great Depression" — is nonsense, but he's clearly beginning to lobby for it to become the…
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CNN: Why Didn't Sanders Say Lewinsky 'Has No Place' in Campaign?
April 25th, 2016 4:16 PM
Larry Sabato of the University of Virginia blasted Bernie Sanders supporter Rosario Dawson on Monday's CNN Newsroom for referencing Monica Lewinsky at a recent campaign event for the Vermont socialist: "I think it was stupid. The reason I think it was stupid is because there just aren't many votes in the Democratic primary for invoking the name of Monica Lewinsky." Anchor Carol Costello replied…