Chris Matthews Compares Mitt Romney to 'Wall Street' Villain Gordon Ge

Last August, Politico revealed that the Obama campaign intended to make Republican presidential candidate Mitt Romney "a sort of political Gordon Gekko" if he won the nomination. Right out of that playbook, MSNBC's Chris Matthews on Monday compared Romney to the financial villain of the '80s movie classic "Wall Street" (video follows with transcript and commentary):

Soledad O'Brien Tries to 'Correct' Romney Aide, Says Economic Trend Fa

CNN's Soledad O'Brien once again jumped to the defense of the Obama campaign, as she tried to argue on Monday that the economy is "trending" in the President's favor. She countered Romney aide Andrea Saul who hit Obama's record of net job loss while in office. "When you say 'hasn't created net jobs,' of course you are talking about there was so much job loss that even started to happen…

NewsBusters' Sheppard Debates Media Firestorm Over Gay Romney Adviser

An openly gay adviser to Republican presidential candidate Mitt Romney resigned last week, and the Obama-loving media interested in discussing anything but the poor economy jumped all over it. NewsBusters associate editor Noel Sheppard discussed this with Don Lemon on CNN Newsroom Saturday (video follows with transcript and commentary):

Three Wires All Avoid Mentioning Seasonality of Jobs Data in Friday's

It is more than a little odd that each of the three wire services identified in today's earlier post (at NewsBusters; at BizzyBlog), in reporting on yesterday's OMG-awful jobs report, somehow failed to mention something about the data presented. Specifically, at Bloomberg, Reuters, and the Associated Press (here and here), five reporters in four stories somehow avoided using two truly required…

After Weak Jobs Report, Wires Obsess Over Obama Reelection Impact

To the extent that it was there at all, there was far too little emphasis in yesterday's wire service reporting on yesterday's OMG-awful jobs report (worse than most believe, as will be shown in a later post) was far less on those who continue to be affected -- like, say, the unemployed, under-employed and discouraged, who should be the object of such news stories -- and far too much…

Chris Matthews Falsely Claims Unemployment Rate Now 'Lowest' Since 'Ob

Is MSNBC's Chris Matthews stupid, dishonest, or both? On Friday's Hardball, the host actually said of today's report from the Department of Labor, "The unemployment rate did drop to 8.1 percent, the lowest rate since President Obama took office" (video follows with transcribe highlights and commentary):

'Hiring Fizzles:' Unemployment Rate Drops as 522,000 Give Up Jobs Sear

About 45,000 fewer jobs were added in April than economists expected, and the unemployment rate dropped to 8.1 percent due to more than a half million people giving up the job search. CNN Money reacted with the headline “hiring fizzles.” University of Maryland Economist Peter Morici wrote in response the jobs report, “The economy added 115,000 jobs in April - much less than expected and not…

AP's Wiseman Points to Obama Reelection Based on Dropping Unemployment

Well, we can all stop thinking about the presidential election, because Barack Obama's victory is assured. This morning, Paul Wiseman at the Associated Press, aka the Administration's Press, virtually celebrated analysts' predictions that the unemployment rate will drop a whole 0.3% between now and Election Day to 7.9%. But in searching desperately for a precedent, he claimed that a public…

AP: Unemployment Will Be '7.9 Percent By Election Day' Boosting 'Obama

There's been a lot of bad economic news lately, but the folks at the Associated Press don't care. In their view - or at least in the opinion of those they surveyed - "[h]iring through the rest of 2012...will be strong enough to push the unemployment rate below 8 percent by Election Day" boosting "Obama's prospects in November":

Krugman's TV Blitz: 100% Debt OK, Paul Ryan's Budget Is 'Nonsense,' Wa

New York Times columnist Paul Krugman is doing a television tour for his book "End This Depression Now!" Charlie Rose interviewed him twice, once on CBS This Morning Monday, then that night for the full hour of Rose's PBS talk show. Krugman appeared on Bloomberg TV Tuesday debating Ron Paul, and the friendlier confines of MSNBC's Rachel Maddow show that night. Krugman's economic recovery plan…

Occupy-Loving Washington Post Pushes Furnishings for the 1 Percent

There's real paradox in romanticizing squalid, rat infested tents in one section of your publication while in another advising well-heeled readers where to buy a $5,000 Chippendale rug. But such is life at a liberal big-city newspaper. The Washington Post swooned over the Occupy Movement last year, devoting thousands of words and gallons of ink to covering the complaints of the self-…

PolitiFact Whiffs Again, Rates Accurate Romney Claim 'Half True

It must be campaign season. Fact-checking gurus are rating accurate statements by the Romney campaign as "Mostly False" or "Half True" or – the best – "True but False," since they're correct but they apparently don't tell the whole story. However, when President Obama made a factually-incorrect statement last week, he did not receive a "False" rating from the website PolitiFact, but…

Bashir Falsely Claims British and Spanish Recessions Are ‘Romney-Rya

There ought to be a law against newscasters blatantly lying to the public. On Monday, MSNBC's Martin Bashir falsely claimed the economic plans put forth by Great Britain and Spain are "the Romney-Ryan budget in action...almost exactly, word for word" without informing his viewers that those countries raised taxes to fight their deficits (video follows with transcript and commentary):

Wisconsin Unemployment Falls; NBC Hypes Job Losses 'Many Blame' on Sco

Despite Wisconsin's unemployment rate being well below the national rate and steadily falling, on Saturday's NBC Nightly News correspondent Ron Allen selectively hyped job losses: "With the protesters serenading Wisconsin's Governor Scott Walker and urging voters to recall him from office June 5th, the state's job losses add to the list of grievances. The Federal Bureau of Labor Statistics says…