Crickets: Fed Official Finds No Evidence That QE Accomplished Anything

August 20th, 2015 10:26 AM
Imagine if, in 1987, a Federal Reserve official could have pointed to a poorly performing economy and said, "Gee, this supply-side economics hasn't worked out very well." The press would surely have treated the story as a front-page item and ensured that it got air time on the Big Three networks' then-dominant nightly news broadcasts. Of course, there was no such credible report, because the…
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AP Keeps Hillary's 'With a Cloth?' Response Out of Coverage

August 19th, 2015 5:45 PM
The Associated Press works very hard to ensure that its subscribing outlets and low-information voters who rely solely on its work — knowingly or unknowingly — never learn about Hillary Clinton's smart-aleck, sarcastic, condescending, reality-avoiding behavior. Tuesday night, four AP reporters (saved here for future reference, fair use and discussion purposes) — Jack Gillum and Stephen Braun in…

AP Finds No Policy-Driven Causes Why Millennials Can't Buy Homes

August 17th, 2015 6:32 PM
Several commenters at my econ-related posts during the past several months here at NewsBusters and my home blog have noted how Washington's mix of high deficits, over-regulation, and quantitative easing never seem to get any kind of blame for the economy in establishment press coverage. One could hardly find a better example of that deliberate avoidance than Josh Boak's writeup today at the…

Japan's Economy Contracts Again; Press Prescribes Even More 'Stimulus'

August 17th, 2015 1:20 PM

Japan, once a feared world economic powerhouse already at "two decades of little or no real economic growth," just reported that its economy contracted during the second quarter at an annual rate of 1.6 percent. The common thread throughout the two-decade slump has been the alleged need for ever-increasing levels of Keynesian "stimulus." Apparently refusing to believe there are any other…

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ABC Reports That Hillary's Server Was 'Likely' Backed Up; Press Yawns

August 17th, 2015 12:01 AM
Today on ABC's This Week, Jonathan Karl reported that "Platte River Networks, the Colorado company which set up (Hillary) Clinton's servers, told ABC News that it's highly likely that a full backup of the server was made, meaning those thousands of emails she deleted may still exist." This from all appearances huge development has only drawn the interest of several center-right blogs and outlets…

Word Non-Association at AP: 'Hillary' and 'Crime'

August 15th, 2015 10:49 AM
All you need to know about the Associated Press's interest in accurately reporting current developments in the investigations into 2016 Democratic presidential candidate Hillary Clinton's private email server is this: A search at its national site on "Hillary crime" (not in quotes) returns nothing. Ken Thomas's coverage of the former Secretary of State's "forceful defense" last night in "a…

Not News: StemExpress's Thursday Courtroom Setback Against CMP

August 14th, 2015 11:50 PM
As Spencer Raley at NewsBusters noted earlier this evening, StemExpress, "the now infamous biomedical company which allegedly bought fetal tissue from Planned Parenthood for profit, is breaking off its relationship with the nation’s leading abortion provider." Raley referenced a Politico item by Jennifer Haberkorn with a mid-afternoon Friday time stamp. As far as I can tell, it is the only…

AP Promotes 'Highly Charged' But 'Essential' Fetal Tissue Research

August 14th, 2015 6:43 AM
The Associated Press devoted nearly 800 words Tuesday to promoting fetal tissue research in the midst of Planned Parenthood’s ongoing baby parts-for-profit scandal.  Its story, titled “Scientists say fetal tissue essential for medical research,” hyped the “potential” of using cells garnered from aborted babies to further medicine. AP reporters Collin Binkley and Carla K. Johnson fretted that “…

AP Claims Social Security System Has 'Money,' Then Admits It Doesn't

August 13th, 2015 11:44 PM
Carrying water for the left as their pet programs implode while pretending to be an objective reporter is a daunting task. The Associated Press's Stephen Ohlemacher was not up to that task Thursday afternoon. Twice, in relatively early paragraphs of his 31-paragraph writeup, the AP reporter claimed that the Social Security system has "money." He then separately quoted a Democratic congressperson…

AP Revises Job Growth Description From 'Seemingly Robust' to 'Solid'

August 13th, 2015 2:32 PM
It "seems" that a bit of doubt seeped into an economy-related Associated Press report today. An hour later, it was gone. An early report by Josh Boak with a 10:22 a.m. time stamp found at a subscribing outlet's site described job growth in the past 12 months as "seemingly robust." An hour later, in an expansion of that early report primarily covering today's government release on July retail…

AP Predictably Ignores All-Time One-Month Govt. Spending Record

August 12th, 2015 9:44 PM
Records are made to be broken, but apparently government spending records are not meant to be reported. The Monthly Treasury Statement released today showed that the federal government spent a mind-boggling $374.86 billion in July. That's an all-time single-month record, surpassing the previous high of $369.39 billion "achieved" in August 2012. Yes, there was a calendar "quirk" which caused this…

Arrest of 'Special Asst. to the President' Gets Scant, Poor Coverage

August 12th, 2015 10:52 AM
My, the news about Barvetta Singletary's domestic violence arrest involving gunfire has been kept mighty quiet. Press reports have typically opened by describing Ms. Singletary as "a White House staffer." Several paragraphs later, readers learn that she is — or perhaps "was," as she has for now "has been placed on temporary unpaid leave and is banned from White House grounds" — the "special…

AP, Reuters Ignore Likely Impact of Bloated Inventories on Growth

August 11th, 2015 3:31 PM
Two wire service dispatches covering the government's June Wholesale Sales and Inventories release either glossed over or completely ignored what others are saying about the report's impact on near-term economic growth. The final sentence of an unbylined Reuters report vaguely referred to future impact by indicating that current inventory balances, which are bloated by historical standards, "…

AP's Recall of Michael Brown Saga Continues to Distort History

August 10th, 2015 7:01 PM
The Associated Press has been in Ferguson covering the anniversary of Michael Brown's death and the George Soros-funded out-of-towners leading the "festivities." I'll leave it to others to dissect the wire service's on-the-street reporting during the past several days. What also concerns me is how AP's reports continue to bitterly cling to half-truths and distortions about how Brown died and the…