July 31, 2007

Translating the AP’s Coverage of Today’s Consumer Confidence Report

Filed under: Economy, MSM Biz/Other Bias — TBlumer @ 2:31 pm

Here’s the opening of today’s Associated Press report about the July Consumer Confidence Index (bolds are mine):

Consumer confidence hit a six-year high in July, a widely watched gauge of sentiment showed on Tuesday, as Americans shrugged off falling home prices to focus on a healthy jobs market, instead.

The New York-based Conference Board said that its Consumer Confidence Index, rebounded to 112.6, its highest level since August 2001 when it recorded a 114.0 reading. That compared to a revised 105.3 in June. The July 24 cutoff for the preliminary survey of 5,000 U.S. households was before last week’s stock market tumble, however.

Translation: This report doesn’t mean much. By the time we harp on last week’s HORRIBLE stock market, downplay last Friday’s good GDP report (what was it again? Oh, 3.4%), totally ignore the 11%-plus increase in real disposable income in just four years (2.8% per year for 2003-2006; scroll down), and keep reminding people about the non-existent housing crisis (prices, as shown here, are NOT “falling”), that confidence number will come back down.

It has to. A six-year high is bad enough; we surely can’t afford to let the index get to an 8-year high, or someone might get the mistaken idea that the current economy is as good as or (heaven forbid) even better than the the Golden Age of the 1990s (even though by a couple of respected measures it is).

Move along now.

Cross-posted at NewsBusters.org.

‘Oh, Boyda’ Follow-up: National Media Complies with Congresswoman’s Plea Not to Cover General’s Positive Iraq Testimony — Or Her Tantrum Over It

As noted here yesterday, Kansas Congresswoman Nancy Boyda walked out of a House Armed Services Committee hearing on Friday after hearing General Jack Keane testify about the potential impact of a bill meant to micromanage troop deployment. Keane also testified about progress being made in the counteroffensive that has come to be known as “the surge.”

Boyda walked out because the objections to that bill, and the descriptions of an improving situation in Iraq, were apparently too much to bear. She said as much when she returned. Boyda and the fly in her pocket (based on her several references to “we”) went into full-rant mode (painfully long and slow-loading audio is here; scroll down to July 27’s entry and click on “Audio Transcript”; Boyda’s tantrum is about 60% of the way through it; also note that at least a half-dozen hecklers and demonstrators had to be removed during the hearing):

“….. As many of us, there was only so much that you could take until we, in fact, had to leave the room for a while, and so I think I am back and maybe can articulate some things that after so much of the frustration of having to listen to what we listened to.”

“But let me just first say that the description of Iraq as if some way or another that it’s a place that I might take the family for a vacation, things are going so well, those kinds of comments will in fact show up in the media and further divide this country instead of saying here’s the reality of the problem and people, we have to come together and deal with the reality of this issue.”

Nothing in the General’s testimony was even remotely suggestive of the family-vacation idea Boyda falsely attributed to him.

As to Boyda’s fear that the general’s testimony might show up in the media (also in essence a plea not to cover it) — not to worry, as this Google News search shows:

GoogNewsBoydaHearing072707

In case you’re wondering (by this time, you shouldn’t be), the New York Times and the Washington Post have nothing relating to Boyda’s walkout or subsequent statement.

A few of the Google news links above are to the Associated Press story on the situation, which appears to have been carried almost nowhere. Even that story is about her defending herself and not the impropriety of her snit fit. The Washington Times link is to the end of an editorial, which wraps rather nicely:

We are at a moment when freshman Rep. Nancy Boyda, Kansas Democrat, feels justified walking out on retired Army Gen. Jack Keane at a hearing because she cannot stomach the general’s positive assessment of developments in Iraq. Let us hope we will soon arrive at a moment when Mrs. Boyda can be regarded as histrionic and no more.

Perhaps the voters of Boyda’s district will have a role in making those histrionics history.

Almost two years ago, all manner of hellfire, brimstone, and ridicule rained down on Ohio Republican Congresswoman Jean Schmidt when she was accused of calling John Murtha a coward (sorry, she didn’t; she said, “Cowards cut and run, Marines never do.” She never called Murtha a coward; Murtha voted with Schmidt and 401 other members of Congress against immediate withdrawal [i.e., the non-cowardly choice.).

If you’re a member of the other party, the consequences of, in essence, calling a general testifying under oath a liar are apparently less severe.

Cross-posted at NewsBusters.org.

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UPDATE: Allah at Hot Air has more on the Left’s “On no, we’re doing well” hysterics here and here.

UPDATE 2: Taranto at Best of the Web — “Boyda, it seems, wants to suppress information about success in Iraq, because such information would “divide the country.” Better that the country be united in defeatism.”

Positivity: Ripken, Gwynn Enshrined in Baseball of Fame

Filed under: Positivity — TBlumer @ 10:07 am

From Cooperstown:

Updated: Jul.29, 2007, 11:50 pm EDT

COOPERSTOWN, N.Y. (AP) — Cal Ripken Jr. and Tony Gwynn took their place in baseball’s shrine Sunday, saluted as much for their Hall of Fame careers as their character off the field.

Commissioner Bud Selig and a record crowd came to cheer them and all that was good about the game.

A continent away, a different scene played out. Barry Bonds failed to tie the home run record, a chase tainted by his surly nature and a steroids investigation.

Ripken and Gwynn sensed that poignant counterpoint on their induction day.

“This day shouldn’t be all about us,” Ripken said. “Today is about celebrating the best that baseball has been and the best it can be. This is a symbol it’s alive, popular.”

“Whether you like it or not, as big leaguers, we are role models,” he said. “The only question is, will it be positive or will it be negative?”

Gwynn offered the same sentiment.

“I think the fans felt comfortable enough in us, they could trust us and how we played the game, especially in this era of negativity,” he said. “I don’t think there’s any question about that.”

“When you sign your name on the dotted line, it’s more than just playing the game of baseball,” he said. “You’ve got to be responsible and make decisions and show people how things are supposed to be done.”

Boosted by busloads from Maryland, an estimated 75,000 fans turned the vast field facing the podium into a sea of black, orange and brown.

Go here for the rest of the story.

Couldn’t Help But Notice (073107)

Here’s an interesting take on who gets harmed if the estate tax isn’t repealed and comes back in full pre-2001 force in a few years.

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Ward Churchill has been fired from his position at the University of Colorado. Michael Moynihan at Reason’s Hit & Run reminds us why it’s an obvious call.

Is this the last of the controversy? Surely you jest.

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The line between news reporting and infomercials continues to blur. This particular example from Freakonomics’ Steve D. Levitt is particularly disgraceful, but, unfortunately, probably not atypical. I agree with Levitt — “I will never again listen to the interviews on in-flight radio.”

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Long-suffering Chicago Cub fans (self included) instinctively knew this already:

Statistics indicate they (the Florida Marlins) were the worst team in 30 years to win a World Series.

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Speaking of disgraces, two Senators, BizzyBlog-namedWaste Ted” Stevens (also known as Ted “The Tubes” Stevens) and Daniel Inouye are calling for universal Internet filtering.

These two, who will be referred to as “Senators Dumb and Dumber” as long as they trumpet this initiative, tell us its to “protect children.” Well of course.

Unfortunately for Senators Dumb and Dumber, Mainland China’s censors think their entire nation consists of 100% children. So, naturally, they filter everything, with the help of American high-tech enablers.

Stevens and Inouye are proposing a dangerous idea that is every tyrant’s dream come true.