Associated Press

A few weeks ago, just before GM's initial public offering went to the market (at the Washington Examiner; at BizzyBlog), I noted that Multi-Government/General Motors had spent the past several months shipping more cars than its dealers were selling, to the point where dealer stocks represented an unusually high number of days of dealers' sales. GM's December 1 press release made that trend…

At the Associated Press late Sunday afternoon, reporter Paul Wiseman, who may have the most inappropriate last name in the history of business journalism, engaged in a brazen "It's really not that bad" excuse-making exercise on behalf of the economy Barack Obama, Nancy Pelosi, Harry Reid, and Ben Bernanke have created. In the process, he joined a Reuters reporter in questioning the validity of…

I do hope that Associated Press reporters Arthur Max and Charles J. Hanley are finding some recreational time while they are reporting from Cancun about what's happening at the "United Nations Framework Convention on Climate Change." The pair's bosses ought to be asking them how much real attention they are paying to the festivities since they began. For example, as far as I can tell from two…

Shortly after the Labor Department announced a very disappointing jump in the unemployment rate to 9.8 percent, Google News featured as its top story an Associated Press article published Thursday predicting "the tight job market may be easing at last." Here's a screen cap of Google News from about an hour ago:

"Senate GOP: Extend tax cuts or else," reads the teaser headline for an Associated Press story at SFGate.com, the website for the San Francisco Chronicle. [Screen capture posted after page break] "Republicans send letter to Harry Red threatening to block virtually all legislation until expiring tax cuts for wealthy are extended," an accompanying caption  insisted. In the corresponding…

In no uncertain terms, Rush Limbaugh (link will become unavailable in seven days) ripped into an Associated Press report today on the alleged perils of allowing unemployment benefits to expire for what the Labor Department says is nearly 2 million unemployed: I have not had one class in economics since high school in the 1960s -- not one -- and I understand more about this through my own self…

I've noted an interesting disparity in how the Associated Press, the so-called Essential Global News Network, has covered Democratic and Republican congressional victories in situations where the counting has gone on well past Election Day. Let's contrast the amount of ink and bandwidth devoted to Republican Joe Walsh's victory over incumbent Democrat Melissa Bean in Illinois compared to the…

There are many annoying aspects of the sea change in media coverage of the economy since Barack Obama became president. At or near the top of the list is how the business press has downplayed the unprecedented housing industry disaster, while lowering the bar that will supposedly represent a real recovery to ridiculous levels. According the the Census Bureau (12-page PDF), 23,000 new homes…

In separate reports for the Associated Press during the past week, Christopher Rugaber and Jeannine Aversa, economics writers for the wire service, each dealt with estimates for next year's average unemployment rate. They came back with significantly different predictions for 2011 without recognizing how widely those estimates varied. On Tuesday, Rugaber dealt with the Federal Reserve's…

When I first saw this video at a non-Government/General Motors site, I said, "Wow, that's quite a spoof. Who did that?" It's not a spoof. It's for real. It's posted in the media section at GM's web site. Even diehard defenders of the GM and Chrysler bailouts have to wonder what in the world the folks who put together the 60-second ad were thinking. Here's the hype for the ad found at GM's…

Former Alaska governor Sarah Palin on Thursday struck back at media members that bothered reporting the slip of the tongue she made the previous day concerning North Korea being America's ally. In a Facebook posting entitled "A Thanksgiving Message to All 57 States," Palin mocked news outlets for not giving similar coverage to gaffes made by Barack Obama:

Correction: My initial post incorrectly conveyed that Chandra Levy was an intern for then-Rep. Gary Condit (D-Calif.). She was in fact an intern for the Federal Bureau of Prisons. "Salvadoran Immigrant Ingmar Guandique Found Guilty of Murdering D.C. Intern Chandra Levy " That was the breaking news headline that was blasted to my inbox from ABCNews.com regarding today's murder conviction of…

The media is practically falling over themselves with a report, propagated in part by the flimsy Nicole Winfield of the Associated Press, that Pope Benedict XVI has "justified" the use of condoms. (See this enormous (and misleading) headline at HuffPo, for example.) But is it true? In a word, no. Nowhere in his remarks does the Pope talk about "justifying" anything. Rev. Joseph Fessio is the…

A couple of NewsBusters posts during the past week -- one from yours truly and another courtesy of Ken Shepherd -- have pointed to the press's reluctance to identify the Democratic Party affiliations of indicted Prince George's County Executive Jack Johnson and his also-indicted wife Leslie, who is a County Council member. Today, the Associated Press's Brian Witte kept up the wire service's…