Government Agencies

Yellen, AP Continue to Blame 'The World' As U.S. Economy Weakens
February 11th, 2016 5:28 PM
The Federal Reserve, Fed Chair Janet Yellen, and the ever-cooperative Associated Press have a message for America: "If there's an economic downturn, even one that turns into a recession, it's going to be the rest of the world's fault. The U.S. economy is fine, and it will stay fine if everybody else doesn't ruin it."
As the AP's Martin Crutsinger reported today ("YELLEN: TOO EARLY TO DETERMINE…

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Paglia: Hillary 'Has Rap Sheet 5 Miles Long,' 'Heavy With Lies, Greed'
February 11th, 2016 2:27 PM
As Hillary Clinton's 2016 presidential effort has weakened, many on the left in fairly prominent places have begun releasing years of pent-up frustrations about her, her husband, and their record. At long last, the long knives are beginning to come out.
Many of these missives are unhinged, but one which isn't, and deserves a closer look, comes from Camille Paglia at Salon.com. Given that Paglia'…

AP Deceptively Covers Supremes' Stay of EPA 'Clean Power Plan' Reg
February 10th, 2016 11:56 PM
If you're a couple of reporters at the Associated Press, aka the Administration's Press, it's one thing to be personally disappointed and even upset at yesterday's move by the Supreme Court to grant a stay to states challenging the "Clean Power Plan" regulation issued by the Obama administration's Environmental Protection Agency last October.
It's quite another thing to falsely portray what…

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Napolitano: Hillary 'Is a Felon and Should Be Indicted'
February 10th, 2016 12:17 PM
On Judge Jeanine Pirro's Saturday Fox News program, Judge Andrew Napolitano succinctly summarized the implications of the latest revelations concerning Hillary Clinton's use of a private email server while she was the Obama administration's Secretary of State.
One can't help but notice that almost no one else is making Napolitano's obviously valid points. If a Republican or conservative had done…

Flint Scientist: ‘Perverse Incentives’ Block Criticism of Government
Business
February 10th, 2016 11:35 AM
Academic bias in favor of government is a real problem according to the professor who sounded the alarm on Flint, Michigan’s lead contamination crisis.
That Virginia Tech civil engineering professor, Marc Edwards, criticized academia for its reluctance to criticize government and decried what he called “perverse incentives” preventing academics from criticizing government agencies that fund…

Not News: January's Raw Job Losses Were the Third-Worst on Record
February 9th, 2016 8:56 AM
On Friday, in its January Employment Situation Summary, the government's Bureau of Labor Statistics served up a stack of lemons disguised as lemonade. President Barack Obama declared in a tweet that "We've recovered from the worst economic crisis since the 1930s," and the press dutifully fell in line.
The BLS reported that the economy added seasonally adjusted 151,000 payroll jobs and that the…

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Albright: 'Special Place in Hell' For Women Who Don't Vote For Hillary
February 6th, 2016 7:25 PM
During the 2008 presidential campaign, Republican Vice Presidential candidate Sarah Palin referred to Madeleine Albright's somewhat well-known saying, found on a Starbucks coffee cup, that "There's a special place in Hell for women who don't help other women." At the time, Albright, who served as Secretary of State under Bill Clinton, huffed: "Though I am flattered that Governor Palin has chosen…

AP Ignores Mark Zandi's Prediction of Near-Zero Fourth-Quarter Growth
February 4th, 2016 9:49 AM
On Wednesday, Christopher Rugaber at the Associated Press was tasked with covering ADP's morning report on January private-sector payrolls. At 8:15 a.m., the payroll and benefits giant estimated that the economy added 205,000 seasonally adjusted private-sector jobs last month.
Rugaber also attended the 8:30 a.m. conference call which followed the report's release. It's clear that he was on it…

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 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…