Wire Services/Media Companies
AP Fantasy: U.S. Economic Growth Has Been 'Really Durable'
March 27th, 2015 11:27 PM
The latest wet kiss from the business press thrown the Obama administration's way came from Martin Crutsinger at the Associated Press, aka the Administration's Press, late this afternoon.
Crutsinger, continuing to richly earn the "Worst Economics Writer" tag he received from National Review's Kevin Williamson two years ago, absurdly characterized the mediocre, pathetic economic peformance of the…
AP: 'Not So Clear' That Israel Is Democratic
March 25th, 2015 10:50 PM
The pundit class in the U.S. and much of the rest of the world is still seething over Prime Minister Benjamin Netanyahu's electoral triumph last week.
On Monday, Dan Perry at the Associated Press took that hysteria to a new level, in effect attempting to discredit Bibi's win by writing that, after all, it may not really be correct to call Israel a democracy. That's because "Palestinians" who are…
As Durable Goods Deterioration Continues, AP Hides the Decline
March 25th, 2015 7:31 PM
The Census Burau's February Durable Goods report, released at 8:30 a.m. today, "unexpectedly" (Bloomberg did the U-word honors) came in with a seasonally adjusted 1.4 percent decline compared to the 0.2 increase analysts expected. Additionally, January's increase was revised down to 2.0 percent from 2.8 percent. Not adjusting for inflation, unadjusted (i.e., actual) February orders came in 2.3…
USA Today: 'Hundreds of Thousands' Could Lose Their Vote In Wisconsin
March 23rd, 2015 12:57 PM
Today the U.S. Supreme Court, as the Associated Press's Scott Bauer reported, "turned away a challenge to Wisconsin's voter identification law," meaning that "the state is free to impose the voter ID requirement in future elections." Bauer then focused on the impact of the state's off-year primary elections on April 7.
Bauer's relatively tolerable (for him) report tagged the law as "a political…
'Intentions Are Pure'? Starbucks-USAT Race Test Demonstrates Otherwise
March 21st, 2015 11:49 PM
The Associated Press's most recent story on the controversial Starbucks USA Today "Race Together" campaign came out Wednesday evening.
In that story, AP Food Industry Writer Candice Choi quoted Starbucks CEO Howard Schultz at his company's annual shareholders' meeting predicting that "Some in the media will criticize Starbucks for having a political agenda," but that "Our intentions are pure."…
With O'Reilly, Dennis Miller Takes on Starbucks, Al Gore, and Putin
March 20th, 2015 7:18 PM
On Thursday's "O'Reilly Factor" on Fox News, Dennis Miller put in an uproariously funny but also insightful appearance.
On the more serious side, Miller and O'Reilly also discussed former Vice President Al Gore's expressed preference for punishing those who dare to question the conventional wisdom on "climate change." Someone needs to mention Gore's disturbing posture, as the Associated Press…
Buried News: Three More Years of Projected Economic Mediocrity
March 20th, 2015 12:40 PM
In all the hoopla over the Federal Reserve's Wednesday's signals over its intentions to raise interest rates, its significant downgrades to expected growth of the U.S. economy during the next several years have mostly been ignored.
The Associated Press, aka the Administration's Press, has played a part in that. Both of the wire service's reports following the Fed's actions and predictions on…
AP Admits: 'Economy Is Looking a Bit Paler'
March 17th, 2015 11:15 PM
Apparently, the sheer number of weak to awful economic reports seen during the past month or so finally led Josh Boak at the Associated Press, aka the Administration's Press, to acknowledge that "critical pieces of the economy remain troubled almost six years into the recovery."
Boak's belated timing is interesting, to say the least, given that the Federal Reserve is weighing whether or not to…
AP Fails to Admit Race of Man Arrested in Shooting of Ferguson Cops
March 15th, 2015 11:09 PM
Here is a clear case of media reluctance to acknowledge a drop-dead obvious fact — one even the often fact-averse New York Times has admitted.
In an 8:40 p.m. report tonight, Jim Salter at the Associated Press spent eight paragraphs avoiding any mention of the race of Jeffrey Williams, the 20 year-old man arrested today and charged in connection with the shooting of two Ferguson, Missouri police…
Imagine That: U.S. Leads World in 'Unexpectedly' Bad Economic News
March 14th, 2015 10:26 AM
The only surprise should be that anyone is surprised.
Those who are used to how frequently the word "unexpectedly" appears in reports about disappointing economic data certainly won't be at all shocked at a Friday Bloomberg News report by Steve Matthews and A. Catarina Saraiva telling readers that "U.S. economic data have been falling short of prognosticators' expectations by the most in six…
Bloomberg Frets Over Plunging Consumer Spending, Ignores Flat Incomes
March 13th, 2015 11:43 PM
The business press's ability to keep up the appearances of "recovery is just around the corner" for over 5-1/2 years has been simultaneously amazing and disgusting. One of their strategies has been to define a "new normal" which is only presented that way because everyone knows deep-down that as long as the left controls economic policy, the nation's economy won't ever really get any better than…
AP Touts High Jan., Feb. Consumer Confidence, Ignores Sharp March Drop
March 13th, 2015 8:20 PM
The Associated Press, aka the Administration's Press, is hard at work putting a brave face on a shaky economy.
Just one example: On Thursday, after February consumer spending fell sharply for the third straight month, the wire service's Christopher Rugaber reported that "Freezing temperatures and snowstorms likely weighed on sales in February," and that "steep drops in gas prices dragged down…
AP: 'Conservatives Say They're Happy, But Liberals Show It'
March 12th, 2015 3:49 PM
In a writeup which shows that the wire service obviously hasn't studied the hateful examples of liberal-left hate collected by the Twitter curators at Twitchy.com, a Thursday afternoon Associated Press writeup claims that conservative "say" they're happy (with an implication that they don't really mean it), while liberals "show it" (supposedly meaning that they're genuine).
The reporter assigned…
'Unexpected' and Buried News at Bloomberg: Feb. Retail Sales Plunge
March 12th, 2015 2:30 PM
Less than five hours after its release, the government's news that retail sales fell by 0.6 percent in February — compared to a 0.3 percent increase expected by economists and analysts — is buried way down (about 6-8 screens, depending on your computer) on the home page of Bloomberg News, where the focus is supposed to be on developments in business and the economy.
Instead, the web site's main…