California Paper Bashes Anti-Tax Hike Voters, Then Scrubs It
On Wednesday, a California newspaper created an editorial harshly criticizing voters for overwhelmingly defeating ballot initiatives that would have raised taxes to pay for exploding budget deficits.After the Sacramento Bee received numerous complaints in the comments section at its website, the original piece was removed and replaced with one pointing fingers at elected officials.As Doug Ross…
NBC: Impediment to Raising Taxes a 'Problem' for California
A night after ABC's Laura Marquez blamed California's budget deficit on the citizenry's “unwillingness to raise taxes” and a law “mandating an almost unachievable two-thirds vote by the legislature to raise taxes,” on Wednesday's NBC Nightly News George Lewis similarly ignored soaring state spending as he focused on victims of upcoming budget cuts and asserted: “Part of California's problem is…
Start of AP Headline Reacting to Fed's Economy Downgrade: ''Fed sees h
Here's a CNN e-mail alert I just received a couple of hours ago: So how did the Associated Press's Jeannine Aversa report the above raw news? As you would expect an Obama apparatchik to do it (reproduced in full as it existed at 3:15 p.m.; bold after title is mine): Fed sees hopeful signs but downgrades '09 forecast WASHINGTON (AP) — The Federal Reserve expects the economy to improve in coming…
NY Times Tax Hike Advocacy: 'Calif. Voters Reject Measures to Keep Sta
Wow. Just wow. If this New York Times headline isn't an act of advocacy for higher taxes in California, what is? With its May 20 coverage of the vote for California's tax hiking ballot measures, the Times plainly scolds fed-up voters for rejecting them with a headline that pointedly says: "Calif. Voters Reject Measures to Keep State Solvent."Really? The Times thinks California's voters want a…
ABC Regrets California's 'Unwillingness to Raise Taxes
A Tuesday story on ABC's World News, which ignored soaring state spending, reflected frustration with California voters for the anticipated rejection of ballot initiatives to raise taxes as reporter Laura Marquez blamed the Golden State's budget deficit on an “unwillingness to raise taxes” stretching all the way back to 1978's Proposition 13. In fact, though personal income tax collections “…
ABC's Diane Sawyer Pleads for European-style Gas Tax
"Good Morning America" co-host Diane Sawyer on Tuesday aggressively lobbied for the Obama administration to install a European-style gas tax on the United States. Talking to Carol Browner, Assistant to the President for Energy and Climate Change, about Obama's plans for increased fuel standards, she began, "Why not just go to a gas tax, for instance, which would accomplish a reduction in the use…
Beck Slams California Tax Hike Proposition, Calls for Real Budget Cuts
As Californians go to the ballot box to vote whether or not to increase their taxes, government leaders in Sacramento are trotting out "the usual human shields" - kindergarteners, firefighters, policemen and nurses to frighten people into voting. The ballot initiative, promoted by California Gov. Arnold Schwarzenegger, has little to no chance of passing according to the Los Angeles Times. But…
AP Blows The Deficit Reporting, Part II: The Invisible April Receipts
In Part I (at NewsBusters; at BizzyBlog) of my coverage of Martin Crutsinger's Associated Press report about Uncle Sam's Monthly Treasury Statement and the Obama administration's deficit projections, I noted that the government "miraculously" shrunk the deficit through March, the first six months of its fiscal year, by $175 billion, by employing an "accounting change." Even though this "…
WSJ’s Moore Explains Punitive 90-Percent Bonus Tax Proposal was Dive
Remember back in March when Congress had the brilliant idea to retroactively tax bonuses paid out by bailed out insurer American International Group (AIG)? The House voted 328 to 93 for the 90-percent tax on the $165 million in bonuses, but it later died in the Senate. Steve Moore, a member of The Wall Street Journal's editorial board, explained on CNBC's May 13 "Street Signs" that the punitive…
ABC's Gibson Toes White House Line About How It Will 'Save or Create
Just two months after the Congress and the White House collaborated to pass a $787-billion stimulus bill into law, its proponents are hailing it as a victory and one network has played along. The May 11 broadcast of ABC's "World News with Charles Gibson" cited a report from the President's Council of Economic Advisors claiming the stimulus would "save or create"1.5 million jobs by the end of…
Santelli Takes on Another Lefty Blaming the Right for Economic Hardshi
For whatever reason, CNBC keeps lining up challengers to take on its Chicago Mercantile Exchange floor reporter Rick Santelli over his self-reliance, pro-taxpayer persona - whether it's Steve Liesman, Arianna Huffington or this time, Keith Boykin - editor of The Daily Voice, a CNBC contributor and a BET TV host. ON CNBC's May 7 "The Call," Santelli took on Boykin in the program's "The Call of…
Newsweek's Disrespectul Treatment of 'Amateur Econo-Cultist' Jack Kemp
Two days after the death of G.O.P. icon Jack Kemp, Newsweek Senior Editor Michael Hirsh posted a classless obituary on Monday, "The Dangers of Amateurism," calling the football player, politician, and self-taught economist Kemp an "amateur econo-cultist."One does not want to be disrespectful of the dead, and Jack Kemp was an admirable man in many ways. If the Republican Party had only followed…
Will Media See Irony in Geithner Introducing Tax Law Reforms
On Monday, the Obama administration announced a plan to cut down on tax evasion by companies employing overseas workers, and with seeming disregard to the obvious hypocrisy, let Treasury Secretary Timothy Geithner -- who has tax problems of his own! -- introduce the President to provide the details.I kid you not! When media outlets report this announcement and the proposed reforms to the tax code…
