Regulation

'Unexpectedly' Again: Pending Home Sales Fall 1.8 Percent
July 29th, 2015 3:46 PM
Yet another important economic statistic confidently predicted to rise has fallen — hard.
This time it was June's pending sales of existing homes. Just in time for summer, they were predicted to increase by a seasonally adjusted 1.0 percent to 1.5 percent. Instead they fell by 1.8 percent, the steepest drop since December 2013. Additionally, May's original 0.9 percent increase was revised down…

New-Home Sales 'Unexpectedly' Dive; AP Says They're Just 'Not As Hot'
July 24th, 2015 6:48 PM
Thanks to year-over-year declines in manufacturing orders, manufacturing shipments, and wholesale sales, along with bloated inventories, apologists for the current condition of the U.S. economy are down to three defenses supposedly demonstrating that all is still really well after yet another rough first quarter (once again excused away as due to supposedly historically awful winter weather).…

NYT Celebrates $15 Minimum Wage After Cheerleading It Into NYC Law
July 23rd, 2015 11:08 PM
Thursday's lead New York Times story on New York State raising the minimum wage for fast-food workers to a whopping $15 an hour was dominated almost completely by cheerleading for the wage. That's despite the fact that even liberal economists are queasy about such a drastic hike in the minimum wage, and that the hike risks hurting the very low-income workers it supposedly helps, by raising the…

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San Fran Officials Mock Fox; Doocy Blasts Cuomo on Sanctuary Cities
July 15th, 2015 12:42 PM
Wednesday's Fox and Friends spotlighted how two members of the San Francisco Board of Supervisors treated a Fox News Channel journalist with contempt, after he tried asking them about their sanctuary city policy. Host Steve Doocy later zeroed in on how anchor Chris Cuomo at competitor network CNN asserted that the term "sanctuary city" was a "misnomer" on Monday's New Day. Doocy mocked CNN as "…

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Nets Too Busy Hyping Parade to Notice Obama Admin. Defying Court
July 10th, 2015 9:42 PM
On Friday, ABC, CBS, and NBC's evening newscasts all ignored how the Obama administration issued the latest version of its abortifacient/contraception mandate under ObamaCare, which ignores multiple court rulings against it – including the Supreme Court's Hobby Lobby ruling in 2014 – and again tries to force religious non-profits to fund drugs that they consider to be immoral. Instead, the Big…
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Alex Wagner Amazed Not Everyone Finds Redskins Logo Controversial
July 9th, 2015 8:45 AM
What does MSNBC's Alex Wagner have against stately Indian warriors? On today's Morning Joe, Wagner said it was "amazing" that anyone could look at the Washington Redskins logo and name and not find them controversial.
This NewsBuster can understand the debate over the "Redskins" name. But the logo? Has Alex actually had a look at it? Could Wagner be confusing it with the Cleveland Indians' …
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Nets Punt on Regulations Set to Force Diversity in Neighborhoods
July 8th, 2015 9:43 PM
On Wednesday night, the “big three” of ABC, CBS, and NBC refused to cover the Obama administration’s official unveiling of new regulations that aim to force neighborhoods to diversification or risk losing annual federal funding from the Department of Housing and Urban Development (HUD). As they often do when the networks fail to cover a story, the Fox News Channel (FNC) program Special Report was…

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'Strangled' Small Businessman Pipes Up on Telemundo
Latino
July 6th, 2015 3:47 PM
Small business owners often complain about being “choked” by ever-increasing mandated benefits, but rarely do you see their complaints presented in a clear and compelling way. An exception took place during coverage of the very latest mandated benefit in California: sick leave for part-time employees, which just took effect this month.
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NBC Skips SCOTUS Ruling Against Obama on EPA; ABC, CBS Barely Cover
June 29th, 2015 9:21 PM
On Monday night, the networks showed scant interest in covering the U.S. Supreme Court’s ruling against the Obama administration and the Environmental Protection Agency (EPA) on the regulation of power plant emissions as NBC ignored the story completely with ABC and CBS combining to spend only 29 seconds on the decision. While ABC and CBS came together to spend just under 30 seconds on this story…

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Freudian Slip: CNN's Toobin Admits 'We' Celebrate Gay Rights Victories
June 28th, 2015 8:25 PM
It was obvious on Friday that CNN reporters and analysts were giddily celebrating the Supreme Court's liberal ruling bolstering same-sex marriage, but CNN legal analyst Jeffrey Toobin was perhaps the only one who inadvertently admitted that "we celebrate" the trend toward gay rights victories before immediately catching his faux pas with laughter and walking it back to "many people celebrate" as…

Far More Are Delaying Major Life Events; NY Times Not Asking Why
June 26th, 2015 8:40 PM
There may no better illustration of how much harm the economy has inflicted on the American people during the Obama era than a March 2015 Harris survey commissioned by American Institute of Certified Public Accountants. The AICPA's Thursday press release reported that "a majority of American adults (51 percent) have delayed at least one important life decision in the last year due to financial…

EPA Chief: Climate Skeptics Are Not 'Normal People'; Press Snoozes
June 25th, 2015 11:58 PM
Though such instances are quite rare, especially from conservative and Republican office-holding politicians and bureaucrats, we've been told time and again by the left that it's people on the right who demonize and dehumanize their opponents.
Well, I don't recall George W. Bush, anyone in his administration, or any Republican congressman or senator serving at the time of his tax cuts or during…

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CNN's Cuomo Hits Fiorina Over Net Worth, Defends Obama on ISIS
June 17th, 2015 9:43 PM
As GOP presidential candidate and former Hewlett Packard CEO Carly Fiorina appeared as a guest on Wednesday's New Day, CNN co-host Chris Cuomo pressed Fiorina over her wealth and her criticisms of President Obama's handling of the ISIS threat.
After bringing up the former CEO's $59 million net worth, Cuomo made it sound as if he were speaking for 98 percent of Americans as he suggested that they…

Gap Inc., Praised by Obama For Its $10 Minimum Wage, Is Closing Stores
June 16th, 2015 12:10 PM
In February of last year, Gap Inc., which operates Gap, Old Navy, Banana Republic and Athleta stores, announced that it would raise its minimum hourly rate of pay for all U.S. employees to $9 in June 2014 and $10 in June 2015. As a result, it won "praise from President Obama who is pushing to raise the nation's minimum wage by a similar amount." The company said that the move would affect 65,000…