No Ferguson Effect? St. Louis, Baltimore in World's Top 20 For Murders
January 31st, 2016 11:45 AM
Those in the press who have insisted that the "Ferguson effect" is an urban legend will have a hard time explaining why the two cities with the most potential to be affected by this supposedly mythical phenomenon now have murder rates among the top 20 in the entire world.
St. Louis, Missouri, next door to Ferguson, where a leftist-"inspired" campaign of "protests," civil disorder and rioting…
Bloomberg Writer: 'Economic Growth Isn't Everything'
January 30th, 2016 11:56 PM
Observers can be excused for thinking that the politicial establishment is preparing the battlespace to convince us plebes that progress and economic growth are overrated. (That's sort of odd for people who call themselves "progressives," but making sense is not their strong suit.)
How interesting, for example, that Northwestern University economist Robert Gordon's book, The Rise and Fall of…
Press Ignores Compelling Reason Why 4th Quarter GDP May Further Weaken
January 30th, 2016 9:24 PM
As has been its habit during the Obama administration when the economy turns in a poor performance, the press's coverage of yesterday's report on U.S. economic growth focused on how much better next quarter's news will supposedly be. Especially in this instance, the beat reporters and pundits should have looked at whether or not yesterday's initial result will hold up, or whether it's likely to…
Press Drags Out 'Warm Weather' to Excuse Poor Fourth-Quarter Growth
January 30th, 2016 10:25 AM
Friday morning, the government reported that the economy grew at a pathetic annual rate of 0.7 percent in last year's final quarter.
As it did in covering the disappointing Christmas shopping season, the business press partially blamed yesterday's awful result on the weather, i.e., warm weather.
AP: 8 Smoking Guns Later, Hillary 'Will Not Be Charged,' Per 'Experts'
January 29th, 2016 11:59 PM
This afternoon, Catherine Herridge at Fox News reported that "the intelligence community has deemed some of Hillary Clinton’s emails 'too damaging' to national security to release under any circumstances."
This eighth "smoking gun" — on top of the seven an Investor's Business Daily editorial identified last week — wasn't enough to move the Associated Press Bradley Klapper from the AP's default…
AP Uses the Same Expert For Positive Words on Economy in Two Reports
January 28th, 2016 11:55 PM
The Associated Press may be down to one person in the whole wide world who will tell its economics reporters what they want to hear when the federal government releases economic data. That's what you almost have to conclude after reading the wire service's reports on two of Thursday's major releases, namely last week's initial unemployment claims and December's durable goods orders and shipments…
AP: 'Americans Rushed to Buy New Homes in Dec.' — A Whole 38,000
January 28th, 2016 8:32 AM
The hype machine was in overdrive at the Associated Press on Wednesday as economics reporter Josh Boak covered the government's mid-morning release on new-home sales.
Boak opened by writing that "Americans rushed to buy new homes in December at the strongest pace in 10 months." Good heavens, we're talking about only 38,000 individuals or families, or about 0.031 percent of the nation's roughly…
IBD Explains Consumer Bureau's Auto Loan 'Shakedown' Press Won't Cover
January 28th, 2016 12:00 AM
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-…
Center for Medical Progress Planned Parenthood Videographers Indicted
January 25th, 2016 7:09 PM
In an unexpected development which may ultimately qualify as a "be careful what you wish for" exercise, the District Attorney in Harris County, Texas, whose county seat is Houston, has indicted Center for Medical Progress videographers David Daleiden and Sandra Merritt. Yes you read that right, via coverage in the Houston Chronicle (bolds are mine):
AP: Fed May Pause Increases, Only Because of 'Darker Global Economy'
January 25th, 2016 5:28 PM
Over the past several months, economics reporters at the Associated Press have told us time and time and time again that the U.S. economy is "largely insulated" from adverse economic developments overseas.
So why is the AP's Martin Crutsinger going along with the now-shifting conventional "wisdom" that Janet Yellen's Federal Reserve may have to defer implementing additional interest-rate…
In Endorsing Hillary, Des Moines Register Ignores Email 'Smoking Guns'
January 25th, 2016 2:29 PM
The Des Moines Register likely broke new ground when it endorsed Hillary Clinton for the Democratic presidential nomination on Saturday. The Register may be the first major newspaper to endorse a major-party presidential candidate under investigation by the FBI at the time of the endorsement.
The time stamp at the editorial's link is currently and inexplicably this morning, but pundits and…
Balt. Sun Writer Advocating Gunowner Database Thinks She's in Majority
January 25th, 2016 12:43 AM
Tricia Bishop is back.
The Baltimore Sun deputy editorial page editor and columnist, who on January 7 advocated "a gun owner registry available to the public online — something like those for sex offenders," posted a follow-up on Friday, claiming that "Gun control advocates (are) the silent majority." Bishop is clearly put off by the ferocity of the blowback she received for advocating that the…
IBD Calls Out Gore As His 10-Year 'Planetary Emergency' Deadline Looms
January 23rd, 2016 10:14 AM
On January 26, 2006, former Vice President, current climate alarmist and centimillionaire Al Gore told the Associated Press's David Germain that "unless drastic measures to reduce greenhouse gases are taken within the next 10 years, the world will reach a point of no return."
Tuesday, as DC and much of the Northeast finishes digging out from a serious and possibly historic weekend snowstorm,…
State: Snow Will Delay Release of HIllary Emails; AP, Politico Ignore
January 22nd, 2016 11:01 PM
These people play the press and the courts like a fiddle.
At 2 p.m. Friday — just in time for a slow-news weekend and the onset of what is supposed to be a serious blizzard in the Northeast — the State Department asked a federal court for an extension of time to February 29 to complete its interagency review and release of Hillary Clinton's private-server emails. But State didn't merely use the…