October 4, 2007

Couldn’t Help But Notice (100407)

Note: Because of business commitments, this will be the last post today.

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Hillary Clinton: “I helped start and support (institutions) like Media Matters and the Center for American Progress…” Glad that’s clear now.

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Cleveland Plain Dealer “Blacks three times more likely to pay higher mortgage interest, study says.”

Possible (emphasis possible) missing sub-headlines:

  • “Blacks more likely to have a bad credit history, a low credit score, or to be overleveraged, justifying higher rates.”
  • “Computers not to blame, as credit scoring programs do not have a data entry field for race or sex.”
  • “Blacks more likely to get taken by shady lenders and/or bad loan deals because of awful public-education system.”

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AP Plays Dumb on Hillary’s Baby Bonds Idea:

Democratic presidential candidate Hillary Rodham Clinton said Friday that every child born in the United States should get a $5,000 “baby bond” from the government to help pay for future costs of college or buying a home.
Clinton, her party’s front-runner in the 2008 race, made the suggestion during a forum hosted by the Congressional Black Caucus.

“I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that downpayment on their first home,” she said.

The New York senator did not offer any estimate of the total cost of such a program or how she would pay for it. Approximately 4 million babies are born each year in the United States.

Math lesson for AP writer Devlin Barrett: $5,000 times the estimated 4 million babies born each year equals an estimated $20 billion a year. My guess: Devlin knew this, but didn’t want to tell readers who would be justifiably concerned about the number.

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So now that we’re back into prime TV viewing season, how are the Big 3 evening news shows doing?

Not well:

EveningNews092507

The total of under 21.5 million is a 9% hemorrhage from the same time last year.

Faster, please.

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