News Conference Dominated by Bad News on Iraq, Spy Questions
There were only two subjects that concerned the media during President Bush’s December 19th news conference: Bad news on Iraq and domestic spying. Problems in Iraq accounted for six questions, while there were seven on domestic spying. (Note: Questions were counted based on their topic. Follow-ups on the same subject were not counted as separate questions.)The assembled members of the press…
Conservative Columnist Robert Novak Leaves CNN to Join Fox News
David Bauder, television writer for the Associated Press, is reporting that conservative syndicated columnist Robert Novak is leaving CNN after 25 years to join Fox News: “Commentator Robert Novak, who hasn't been seen on CNN since swearing and storming off the set in August, will leave the network after 25 years and join Fox News Channel as a contributor next month. “Novak, 74, said Friday he…
Media Downplay Extremely Strong November Jobs Report
A recent report published by the Gallup Organization stated: “a majority of U.S. investors continue to describe the current economy as being ‘in a slowdown’ or ‘recession’ as opposed to being ‘in a recovery’ or ‘sustained expansion.’” Regardless of continuously strong economic reports, such bearish assessments have been regularly portrayed by public opinion polls for several years. During this…
It’s Beginning to Look a Lot Like…a Very Good Christmas
The media’s pessimistic holiday shopping forecasts fail to register with reality.Don't miss my latest at the Free Market Project: Contrary to the media’s pessimistic forecasts for the Christmas shopping season reported by the Free Market Project in late October, strong retail sales this Thanksgiving weekend got the annual end-of-the-year buying bonanza off to a bang. In fact, the economic data…
Media Myths: The Housing Bubble is Bursting
Don't miss my latest writing for the Free Market Project: Media claims about a “housing bubble” are nothing new. Since before the 9/11 terror attacks, the media have been calling the housing market a “bubble” while predicting an imminent, devastating decline. Not only have they been wrong in forecasting such a top, they have thoroughly mischaracterized what an investment bubble is. Now that the…
