Bloomberg

Far too many journalists in the Washington-Gotham axis believe that any criticism of President Barack Obama must have its roots in cynical right-wing political opportunism and nothing else. At Bloomberg News, in a dispatch time-stamped June 4 at midnight, reporters David Lerman and Kathleen Hunter regaled readers with how the "Taliban Release Gives Republicans Fuel Beyond Benghazi." Some…

What at times is worse than the Jurassic Press not covering something?  The Jurassic Press covering something. The all-encompassing government-Internet-power-grab that is Network Neutrality rarely gets outside-the-Tech-World media attention.  But Thursday the Federal Communications Commission (FCC) voted in Democrat Party-line fashion to begin its process of imposing it.  This was a big…

Francis Wilkinson at Bloomberg View used to write on politics for Rolling Stone, and it shows. He went on the warpath against Sen. Tim Scott in a column titled “Do Republicans Lower the Bar for Blacks?” This is not a serious question from the Democrats who wouldn’t call it “lowering the bar” to give race-baiting huckster Al Sharpton an hour each night on MSNBC to mangle the English language…

In a Friday afternoon dispatch issued in the wake of the government's jobs report earlier that day, Christopher Rugaber and Josh Boak at the Associated Press wrote that "most economists ... forecast a strong rebound in economic growth - to a 3.5 percent annual rate in the current April-June quarter. And growth should reach nearly 3 percent for the full year, up from 1.9 percent in 2013, they…

General Electric CEO Jeffrey Immelt has made nice with President Barack Obama on several occasions. Among other things, he chaired the President's Council on Jobs and Competitiveness, which met a grand total of four times in 2011 and 2012 before it was unceremoniously allowed to expire a year later. He fully expected that his company would benefit from its involvement in green energy and its…

March was going to be the month when new home sales in the U.S. would finally break out after several months of horrible weather. After all, everyone knew that this winter's snow, ice, and low temperatures were the only things holding the new home market back. Consensus predictions ahead of today's related report from the Census Bureau were in the range of 450,000 to 455,000 annualized sales…

Associated Press stories today on the quarterly earnings releases of Wells Fargo (unbylined) and JPMorgan Chase (by Steve Rothwell) essentially mocked the nearly continuous monthly stream of reports the wire service's economics writers, particularly Martin Crutsinger and Chris Rugaber, have generated about the "housing recovery" during at least the past year. The Wells Fargo story disclosed…

When an unmistakable embarrassment to liberalism occurs, a standard establishment press fallback tactic is to accuse conservatives of some form of incivility — and if there really isn't one, to make up a story about it anyway. That's exactly what Bloomberg Businsessweek's Paul M. Barrett did on Tuesday in covering the NRA's reaction to the arrest of California State Senator and ardent gun…

On Friday, the government's Bureau of Labor Statistics reported that the economy created 175,000 seasonally adjusted jobs in February, with 162,000 of the additions occurring in the private sector. That result exceeded expectations of roughly 150,000, and caused the business press to sing odes of high praise to an economy that was amazingly overcoming this year's difficult winter weather.…

“Congress Never Has to Wait for the Cable Guy,” so says Bloomberg Businessweek. Todd Shields, Stephanie Green and Laura Litvan wrote about Comcast’s cozy relationship with DC, especially to the White House. It was published online March 6. They reported that Comcast executive vice president David Cohen “raised at least $500,000 for Obama's 2012 reelection,” and hosted a fund raiser for him…

The news in two government reports on the economy today was not good. One showed that initial unemployment claims last week rose to a seasonally adjusted 348,000; raw (not seasonally adjusted) claims were virtually identical to last year's comparable week. To avoid the dreaded U-word ("unexpectedly"), a pair of Bloomberg News reporters described the result as "exceeding all forecasts." In the…

According to a USA Today item carried at ABC News, "Sixty percent of adults can't drink milk." In July 2012, the New York Times ran an item entitled, "Got Milk? You Don't Need It." But the last time I checked, everyone uses electricity to some extent. I'm bringing up these points because, as a friend showed me earlier today, the establishment press has run stories galore in the past several…

You might think that journalists would consider the prospect of sharply rising electricity costs in a nation blanketed by an extraordinarily cold, snowy winter and buffeted by its accompanying high utility bills hugely newsworthy. You would be wrong. Searches on the last name of Julio Friedmann, the deputy assistant secretary of the Energy Department who testified at a congressional hearing…

NOTE: Go to the end of this post to see my reaction to an email NB received from OpenSecrets.org.  The web site OpenSecrets.org has done a great deal of useful work. Especially helpful are its lists of high-dollar political campaign donor organizations. The web site's 1989-2014 and 2012-specific lists, to name just two, demonstrate that the hyperventilating on the left and in the…