BMI's Top 10 Economic Myths of

December 8th, 2011 10:46 AM
Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. This year the media's myths were wide-ranging: from conspiracy theories about economic sabotage, to overpopulation panic and Occupy Wall Street's mantra "We are the 99 percent." Here is our 2011 list:

NPR Prompts OWS Architect to Claim America Riper for Socialist Revolut

December 8th, 2011 8:24 AM
NPR anchor Robert Siegel interviewed Occupy Wall Street's inspirational force, Kalle Lasn of the Canadian group Adbusters, on Tuesday night's All Things Considered and discussed how ripe America was for a socialist revolution. Lasn brought up comparisons to 1968 and the hope for a "full-fledged, full spectrum movement that operates on all levels." Siegel suggested back then, it inspired violent…

CNN, at OWS 'Office' in New York, Interviews 'Volunteers' Heritage Out

December 6th, 2011 8:36 PM
Last week, CNN's Steve Kastenbaum (podcast is also at link) visited what he characterized as Occupy Wall Street's "nerve center" (but don't call it a "headquarters," Occupiers insisted) in space provided by an anonymous donor. No, it wasn't at Zuccotti Park or any other open-air location. It was, and presumably still is, in Lower Manhattan, one block south of the New York Stock Exchange.…

CNN Ignores Illegality of 'Squatting,' Asks How It Can Help 'Occupy' M

December 6th, 2011 4:29 PM
Once again hosting liberal Van Jones to discuss the "Occupy" movement, CNN's Suzanne Malveaux asked him how the illegal practice of protesters "squatting" on foreclosed homes could help the "Occupy" movement take off. Malveaux didn't exactly question the legality or the ethics of protesters secretly living in foreclosed homes, but instead gave the former Obama-appointee and Marxist some PR…

Occupy's '99%' Slogan Cropping Up in Large Percentage of Unrelated NYT

December 6th, 2011 3:56 PM
New York Times media reporter Brian Stelter may have let his personal views color his enthusiastic reception of the popularity of Occupy Wall Street’s “99 percent” motif, but he was right that it is cropping up in a lot of places these days, especially among liberal activists. It has certainly sunken into the collective consciousness of New York Times journalists. One prominent example: The…

WaPo Not 'Shy' About Plugging 'Art of Occupy

December 6th, 2011 12:39 PM
Washington Post Style section editors gave freelance writer Mark Jenkins space for a 9-paragraph, 9-illustration feature item today entitled "Nothing shy in the art of Occupy." "The occupiers don't have a single agenda, so there's no way any of the posters can be off-message," Jenkins gushed. "They might slaughter Wall Street's bull or show the takedown of the Monopoly icon, or they can send…

Surprise (Not): AP Now Reports That Murder Victim Stayed at Occupy Oak

December 6th, 2011 8:31 AM
On December 2, the Associated Press carried a story by Terry Collins with the following headline: "Murder charge filed in Occupy Oakland slaying." What? I thought that the related November attack, despite a statement from an actual eyewitness, "was unrelated to the ongoing protest of U.S. financial institutions" -- i.e., that it was unrelated to Occupy Oakland. After all, the San Francisco…

ABC Hypes Occupy Protest 'Within Sight of the White House'; They Aren

December 5th, 2011 4:08 PM
According to Good Morning America's Josh Elliott on Monday, the Occupy "protests within sight of the White House turned violent over the weekend." Actually, the protests occurred at McPherson Square, two blocks from the White House and not in "sight" of it. (See a map here.) Perhaps Mr. Elliott, who grew up in California and went to high school in Los Angeles, can be forgiven for such an…

NY Times Reporter Asks If It's 'Dangerous' for GOP to Insult Occupy Wa

December 5th, 2011 12:10 PM
The New York Times “Caucus” podcast recorded December 1 featured reporter and podcast host Sam Roberts wondering if it was a potentially dangerous tactic” for GOP candidates to insult the Occupy Wall Street movement. This exchange came a minute and a half from the end, after Roberts asked how the Occupy movement’s “99%” slogan was playing out in the Republican primary.

Attention Texans: WaPo Compares Occupy D.C. to the Alamo

December 5th, 2011 11:51 AM
It's possible I missed something in history class, but I'm pretty sure Davy Crockett never urinated in public as a sign of protest. I say this because the Washington Post's Pamela Constable and Fredrick Kunkle today compared the Occupy D.C. movement to the Texan freedom fighters at the Alamo in today's 25-paragraph front-page story (emphases mine):

Miley Cyrus, Occupier Poster Girl

December 4th, 2011 10:00 PM
She's perfect. Miley Cyrus, Hollywood's perpetually half-dressed wild child with an insatiable appetite for attention, jumped in front of the Occupy Wall Street bandwagon this week. The young Disney mogul unveiled a YouTube anthem hailing the aimless, anti-capitalist protesters. Smells like opportunistic teen queen spirit. Like so much of the warmed-over, Big Labor-underwritten Occupy…

'Income Inequality' Is Just the Fruit of Success in the Marketplace

December 2nd, 2011 11:40 AM
Benefiting from a hint from an article titled "Is Harry Potter Making You Poorer?", written by my colleague Dr. John Goodman, president of the Dallas-based National Center for Policy Analysis, I've come up with an explanation and a way to end income inequality in America, possibly around the world. Joanne Rowling was a welfare mother in Edinburgh, Scotland. All that has changed. As the writer…

NBC's Andrea Mitchell Agrees: America One Of World's Most 'Socially Un

December 2nd, 2011 9:06 AM
Zbigniew Brzezinki's indictment of the United States was so harsh—calling America "one of the most socially unjust societies in the world"—that even his own daughter Mika was taken aback, asking her father to explain himself. But that didn't stop Andrea Mitchell from emphatically agreeing with Zbigniew Brzezinki's condemnation of the USA.  In the course of doing so, Mitchell called the Tea…

NYT's Brian Stelter Hails OWS '99%' Slogan, Compares It To 'Give Me Li

December 2nd, 2011 8:24 AM
On Thursday’s front page, New York Times media reporter Brian Stelter produced another homage to Occupy Wall Street, this time their slogan:“Camps Are Cleared, but ‘99 Percent’ Still Occupies the Lexicon.”(Thanks in no small part to fawning reporters like Stelter and others at the Times.) Part of his evidence? Google searches and an opposition blog that had not been updated in two whole weeks.