Categories
media and media people national politics & policies

A Surplus of Slant

The Washington Post Metro section headline seems to tell a story: “Virginia taxes yield $311 million surplus.”

Odd, though: Virginia’s legislators didn’t raise taxes; they cut spending. The article, thankfully, reveals this, reporting that there was “no general tax increase” and “hundreds of millions of dollars in cuts.”

But if you just read the headline and moved on, you might have been misled.

Later that day, CNN charges Congresswoman Michele Bachmann with “again” characterizing “a settlement to black farmers as fraud.” No explanation as to why. Then CNN presents John Boyd (or Dr. John Boyd?), president of the National Black Farmers Association.

Boyd denies all talk of fraud. “I just don’t understand why people like Ms. Bachmann . . . have continued to criticize this settlement,” he explains, before figuring it might be to “divide and conquer America.”

Rep. Bachmann is shown saying 94,000 people were given settlement money even though the census showed only 18,000 black farmers. But CNN avoids that obvious math problem. CNN also neglects the testimony of Jimmy Dismuke, a black farmer who claims the lawyers told potential plaintiffs that “if you had a potted plant, you can be a farmer.”

Then CNN anchor Kyra Phillips asks, “Do you feel that she’s racist?”

Boyd responds, “She’s going to have a hard time proving to America that she’s not racist if she continues to make these kinds of comments.”

Media folks are going to have trouble proving to America that they don’t slant the news.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets ideological culture

Auto Bailouts & Obama Bombast

I never expected a Washington Post writer to so soundly assail a presidential stream of pro-bailout nonsense.

In a “Fact Checker” column entitled “President Obama’s phony accounting on the auto industry bailout,” Glenn Kessler concludes that a “virtually every claim” by the president in recent comments about the auto industry “needs an asterisk, just like the fine print in that too-good-to-be-true car loan.”

President Barack Obama says General Motors will rehire all workers laid off during the recession. But he’s referring to only a sliver of the 68,000 employees General Motors has dropped from its work force since 2006.

Obama says Chrysler has repaid “every dime” it got from taxpayers “during my presidency” — years ahead of schedule. But he omits four billion forked over to Chrysler during the last month of the Bush presidency! So . . . Chrysler has repaid every dime except four billion dollars. (That’s 40 billion dimes, by the way.)

And so forth. Kessler leaves the job of analyzing the wisdom of shoveling billions of taxpayer dollars into the coffers of failing firms to others. So he doesn’t observe that capital forcibly rerouted into “creating jobs” in foundering enterprises cannot be turned to more productive uses in the more successful enterprises from which the capital was grabbed. This is another fact Obama neglects.

It’s not the 2008 presidential campaign any more. Maybe the left-leaning press will no longer automatically bail out Obama when he distorts the truth?

Let’s see where we are in mid-2012.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets too much government

The Housing Boom’s Inflated “Wisdom”

Watch how the received wisdom gets worded: “A sustained rebound in home prices is considered critical to getting the economy back on track.”

That’s from a Washington Post business report on falling home prices. Its passive voice construction covers up who holds the opinion.

The sentence could have been written differently: “Many politicians, policy wonks, and industry shills believe that only a sustained rebound in housing prices can put the economy get back on track.” But that would have helped the reader see the special interests behind the statement.

We need housing prices high and rising again . . . to fulfill the plans of the very people who set up the house of cards that just came down.

Harvard economist Jeffrey Miron’s reaction is worth quoting in full: “No, no, a thousand times no!

Housing prices are falling because they soared to ridiculous levels during the bubble. Any policy that attempts to keep prices high — or, equivalently, that attempts to prevent foreclosures or juice housing construction — is fighting a crucial market adjustment to past distortions.

The housing boom mania — fed by multiple government subsidies and massive financial intervention coupled with cheap money from the Federal Reserve — served some people at the expense of the public at large. Progress doesn’t depend on it. Real progress depends on rejecting such nonsense.

By the way, other things equal, inexpensive housing is good for us. The whole “rising prices” mania defeats the alleged rationale for mortgage subsidies in the first place.

This is Common Sense. I’m Paul Jacob.

Categories
political challengers

Pardon the Vote

Over the weekend, Utah Republicans defeated three-term incumbent U.S. Senator Robert Bennett at their state convention. Two more conservative candidates, both with support among Tea Party activists, now move on to a primary election to decide the eventual GOP nominee.

Senator Bennett’s defeat marks the first U.S. senator to be denied re-nomination in Utah in 70 years.

The strangest part of this, though, is the strange reaction of much of the media. The morning paper says Bennett was as conservative as any rational human being could possibly desire . . . citing Democratic National Committee Chairman Tim Kaine.

Kathleen Parker, the liberal Washington Post’s idea of a conservative, lectured before the vote that “Tea Partyers risk losing some of their strongest voices.” Tea Party supporters seem determined to decide for themselves which voices speak for them.

Parker also smeared Tea Party folks as an anti-intellectual rabble, characterizing Bennett’s long tenure in Washington to be “as disadvantageous as having an Ivy League degree. Those out-of-touch elites, you know.”

Touchy. Very out-of-touchy. Forgotten by the maven? Bennett’s old pledge to serve only two terms.

Bennett had been seeking his fourth term.

E.J. Dionne called the Utah result a “non-violent coup.” Yes, just exactly like a coup — except for that voting part.

For those counting coup right now, establishment folks are receiving a whacking. No wonder they bristle.

Expect more.

This is Common Sense. I’m Paul Jacob.

Categories
U.S. Constitution

Meet the Moots

The meaning of institutions, like words, changes over time.

Take Congress. The Constitution hands legislative power to the two houses of Congress. With the growth of government Congress has delegated more and more of its powers to the executive branch.

In a recent column, George F. Will identified the most recent “development” of this trend. Will’s example is the automaker bailout. Congress did not authorize it: The package failed in the Senate. But President Bush simply took money from another bailout bill and dumped it at the failing automobile manufacturers.

Even if you think the bailout is good policy, the president should be censured. “With the automakers,” Will writes, “executive branch overreaching now extends to the essence of domestic policy — spending. . . .

George Will’s Washington Post column is titled “Making Congress Moot.” Droll, that. “Moot” is an ancient term for a deliberative body. Philologist and fantasist J.R.R. Tolkien used it to designate his congress of “treeherders.” Remember “entmoot”?

The phrase “moot point” used to mean “open to debate.” It now usually means “an issue raised whose determination cannot have any practical effect.”

Congress has gone from an august, important deliberative body — a moot — to a mere debating society. As the meaning of the word “moot” has decayed, so too has Congress.

Think of 535 moot points.

This is Common Sense. I’m Paul Jacob.