As Income Gains Almost Evaporate, AP Is Rooting For Higher Inflation
The government's Bureau of Labor Statistics reported today that consumer prices fell 0.2 percent in February.
Lower prices should be good news, right? Wrong, at least according to Martin Crutsinger at the Associated Press. Crutsinger's Wednesday dispatch also managed to ignore the fact that even the supposedly low inflation seen during the past 12 months has eaten up most of workers' very…
CNN: 'Hillary Can't Kill Coal; It's Already Dying' (Because of Obama)
In a Monday afternoon post which gets close to taking pleasure in the serious economic decline in the heart of the coal mining industry in West Virginia, CNN Money's Patrick Gillespie observed, based on Hillary Clinton's recent remarks about coal miners' jobs, that she "has no love for coal companies."
But in Gillespie's world, what Mrs. Clinton said doesn't matter, because "Clinton won't have…
Carl's Jr. HQ Moving From Calif. to Nashville; Press Avoids Saying Why
For years, Andrew F. Puzder, the CEO of CKE Restaurants, the parent company of the Carl's Jr. and Hardee's fast-food chains, has been telling the world that while the U.S. government makes life needlessly miserable for businesses, California, where it has been headquartered, is exponentially worse.
This week, CKE announced that it is moving its headquarters to Nashville, Tennessee. A story at…
Obama Labor Dept. Rule May Curtail Financial Advice Talk on AM Radio
Score another blow for (allegedly) "unintended consequences."
A proposed 33-page rule applying to investment advisers emanating from the Department of Labor would redefine the fiduciary relationship between investment advisers and their clients investing for retirement, which is the predominant objective of most investors. According to the Wall Street Journal, the rule "could be released as soon…
U.S. Press Ignores Emotional Testimony of Displaced Disney IT Worker
Two categories of news the press has studiously avoided during the Obama era came together this week, causing it to (in my view) proactively decide to ignore emotional congressional testimony which should have been front-page news almost everywhere.
The first is their virtually complete disinterest in reporting on congressional hearings. The list is longer than can be recounted here, but…
West Va. Is Now 26th Right-To-Work State; AP Coverage Predictably Weak
West Virginia became the nation's 26th state with a "right-to-work" law a bit over a week ago. At the same time, it also repealed "prevailing wage" requirements for public construction projects.
The idea that the formerly Democrat-dominated Mountain State would pass either item was unthinkable as little as a decade ago. That was before the Obama administration began its war on coal-powereed…
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Shock: MSNBC Allows Sanders Backer to Corner Hillary on Paid Speeches
While there were plenty of questions from the far left at Thursday’s Clinton-Sanders Town Hall on MSNBC, there were a few that snuck through that pushed both candidates with two such exchanges involving Hillary Clinton being cornered in relation to polls about her honesty and trustworthiness and releasing transcripts of her speaking fees to Wall Street firms.
The De Facto Coup in Venezuela the U.S. Press Won't Recognize
On Thursday, Venezuela's Supreme Court decided to grant Bolivarian socialist "President" Nicolas Maduro what an unbylined Associated Press report described as "broad decree powers" to deal with the economic crisis and humanitarian nightmare he and his predecessor Hugo Chavez created.
Maduro's government now for all practical purposes has total control of that nation's economy, which in the…
Joan Walsh: 'White Working Class' Rejects Hillary Because of Obama
Joan Walsh, who after a long tenure at Salon.com is now National Affairs Correspondent at far-left publication The Nation, is responding as leftists usually do when their favored candidates and causes are in trouble: immaturely, and by smearing recalcitrant people who, in their fevered minds, should be supporting them.
Walsh is a big fan of Hillary Clinton, whose legal and electoral situations…
AP Deceptively Covers Supremes' Stay of EPA 'Clean Power Plan' Reg
If you're a couple of reporters at the Associated Press, aka the Administration's Press, it's one thing to be personally disappointed and even upset at yesterday's move by the Supreme Court to grant a stay to states challenging the "Clean Power Plan" regulation issued by the Obama administration's Environmental Protection Agency last October.
It's quite another thing to falsely portray what…
NBC Ignores Huge Setback To Obama’s Clean Power Plan
Business
The Supreme Court dealt a “major blow” to the Obama administration and the president’s climate agenda late on Feb. 9. NBC, the “Green is Universal” network ignored it entirely. CBS and ABC gave the ruling short shrift.
The Hill reported the high court blocked the “landmark climate rule for power plants” which would have assigned states drastic carbon dioxide reduction rules based on what energy…
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Bernstein: White House 'Terrified' Clinton 'Blowing Up Own Campaign'
Appearing as a guest on Saturday's CNN Newsroom with Poppy Harlow, CNN political commentator Carl Bernstein declared that, after spending time talking to the White House about Hillary Clinton's paid speeches to Goldman-Sachs, that they are "horrified" that Clinton is "blowing up her own campaign," and invoked President Richard Nixon's tapes as possibly comparable to the transcripts of her…
Capt. America Villain Wants to ‘Make America Marvelous Again'
Business
Liberal propaganda ruins everything, even comic books.
The January edition of Captain America featured a reptilian supervillain named Viper who sounded a lot like Republican presidential candidates. Viper ranted about American exceptionalism and said, “Someone has to make America marvelous again.” He also complained about “overreaching government” oppressing businesses and asked, “Where in the…
IBD Explains Consumer Bureau's Auto Loan 'Shakedown' Press Won't Cover
Critics who warned in 2010 that the odious Dodd-Frank law's Consumer Financial Protection Bureau would become a rogue agency which would become a largely unaccountable behemoth on a mission to create problems where none exist could not have been more correct.
Sadly, searches on terms relevant to one of the agency's latest controversies involving the distribution of funds in a two year-old auto-…