Business Coverage
BMI's Top 10 Economic Myths of
December 13th, 2007 4:06 PM
That's right folks, it's that time of year. There was plenty of economic bias in 2007 and the Business & Media Institute had a hard time whittling it down to just a top 10 list, but we did it.10. Airlines are solely to blame for the unfriendly skies.Media myth: Blame the airlines for all those flight delays; never mind the obsolete government-run agency creating the gridlock.9. Consumer…
Hillary's Babbling with Bartiromo Ignored by All Except Rush
December 12th, 2007 12:48 PM
Hillary Clinton's performance in her interview with Maria "Money Honey" Bartiromo of CNBC last week was so bad that she must have sent a double (stop shivering at the thought, will ya?). After all, the genuine Smartest Woman in the World couldn't possibly have said the things she said, as noted at Rush Limbaugh's site last Thursday. It got so bad that Bartiromo, who seemingly has barely cracked a…
What Time of Year Is It? (2007 Edition, Part
December 11th, 2007 12:02 AM
In 2005, I sensed that journalists in general prefer to call this time of the year in commerce that of "holiday shopping" instead of "Christmas shopping," but that when it came to people losing their jobs, they preferred to describe layoffs as relating to "Christmas." My instincts have been proven correct for two years running, as you can see below from the results of three different sets of…
Devoutly Desiring Depression
December 9th, 2007 7:28 AM
Steve Fraser might look mild-mannered, but when it comes to economic doomsaying, he is the Rocky Marciano of recession, the Tiger Woods of turndown, the David Beckham of depression.Speaking of bending one, Fraser's LA Times column of today, "Symptoms of an Economic Depression," twists U.S. economic data into a harbinger of impending doom. Fraser begins by falsely claiming that "no one wants to…
Old Media's Recession Bandwagon Hits Another Speed Bump
December 3rd, 2007 10:46 AM
Oh, how Old Media wants a recession. Too bad the economy isn't cooperating.The latest Institute for Supply Management (ISM) report on the Manufacturing Sector, covering about 15% of the non-government economy, was just released this morning, and led as follows:Economic activity in the manufacturing sector expanded in November for the 10th consecutive month, while the overall economy grew for the…
Public Radio Judges ‘Green’ Products Guilty of ‘Greenwashing
November 30th, 2007 4:30 PM
When business goes green, interest groups get mean. National Public Radio's "Morning Edition" gave a report November 30 on misleading "green" products, charging companies with "The Six Sins of Greenwashing." "You may have thought they were environmentally friendly just because the product says so, but some environmentalists think you're being ‘greenwashed,'" said host Steve Inskeep. "Is one of…