Jun 30 2015

Confusing Lending and Spending at the New York Times

Protest at Greek parliament building (photo: Marko Djurica/Reuters)

A New York Times headline refers to “trillions” of dollars being spent by central banks. In fact, central banks have not spent this money, they have lent this money, mostly by buying government bonds.

Jun 26 2015

NYT Warns Greece to Accept Endless Depression–Because Default Might Be Painful

Argentine protest (photo: Alejandro Kaminetsky/Reuters)

While the process of switching currencies will never be painless, it must be compared to the pain associated with an indefinite period of unemployment in excess of 20.0 percent, which is almost certainly the path associated with remaining in the euro on the Troika’s terms.

Jun 25 2015

That Most Terrorists Aren’t Muslim May ‘Come as a Surprise’–if You Get Your News From Corporate Media

Police at a Las Vegas terror attack (photo: Steve Marcus/Reuters)

in a piece all about the “mismatch between public perceptions and actual cases,” the entity most charged with matching sure these match–the news media–doesn’t get much scrutiny

Jun 18 2015

David Brooks Declares War on ‘Democratic Tea Party’–Unarmed With Facts

GDP growth in US and Mexico since NAFTA

The New York Times pundit pulled out all the stops, using his column to yell at “Tea Party” Democrats for not supporting the fast-track authority that would facilitate passage of the TPP.

Jun 18 2015

Why Corporate Media Want to Blame California’s Drought on Your Eating Avocados

New York Times chart of California produce and water use.

California’s drought is caused by lower-than-normal precipitation coupled with higher-than-normal temperatures, not by people eating too many grapes (24 gallons for a bunch) or mandarin oranges (42.5 gallons for three).

Jun 03 2015

Friedman Turns Baltimore Uprising Into Commercial for Wife’s Charter School

Waiting for Superman: Charter lottery, Harlem Success Academy

New York Times columnist Thomas Friedman reached a new low, exploiting the Baltimore Uprising to run a rather shameless commercial for his wife’s charter school organization.

Jun 03 2015

Poor People Can’t Afford Homes–so NYT Calls for Making Them More Expensive

Monopoly houses (cc photo: woodleywonderworks)

It is bizarre to note that low-income people spend a disproportionate share of their money on housing and then complain about low house prices.

May 27 2015

NYT Scrapes the Bottom to Argue ‘Democrats Pulled Too Far Left’

Stretch donkey. NYT graphic: Matt Chase

“Have Democrats Pulled Too Far Left?” asks a New York Times op-ed. This question is always answered affirmatively by corporate media, but the column still manages to surprise with its degree of intellectual dishonesty.