China Corruption Reporting Becoming Impossible; JPMorgan Banker In China Resigns Amidst Probe

By: Tuesday March 25, 2014 1:15 pm

Ben Richardson has resigned from Bloomberg News after 13 years to protest editors’ handling of an investigative piece reported from China – a story that the bosses feared would get them expelled from the country…


Bloomberg Poll Finds Obama With Huge 13 Point Lead

By: Wednesday June 20, 2012 7:30 am

President Obama has a huge 13 point lead over Mitt Romney, at least according to the latest Bloomberg News poll of likely voters. In addition, if you believe the poll, Democrats stand a good chance of taking back the House, since they hold a seven point lead in the generic Congressional ballot question.

Fed Escalates Fight with Bloomberg with Misleading Rebuttal

By: Wednesday December 7, 2011 11:15 am

Apparently the Fed didn’t take kindly to that Bloomberg News investigation of their $7.7 trillion largesse to domestic and foreign banks during the financial crisis. The Fed took the rare step of publishing a public rebuttal, with a cover letter by Ben Bernanke, objecting to the report.

Bloomberg Turns Class War into Generational War

By: Tuesday November 1, 2011 7:00 am

The basic economic facts of the last three decades are smashing down around us like a ton of bricks. The bulk of the gains from economic growth have gone to the richest 10 percent and especially the richest 1 percent. The bottom 90 percent of the population has seen little benefit from three decades in which output per worker hour nearly doubled.

So how does Bloomberg News deal with this situation? It warns us of “generational war.” It tells us that Social Security and Medicare benefits for seniors will be pitted against “investment in children, education, infrastructure and other programs.”

TARP Kills: Political Careers in Peril from Bailouts; Americans Overwhelmingly Support Government Stimulus to Create Jobs

By: Friday July 16, 2010 7:02 am

We learn from this poll that people support government spending to create jobs, even if it requires ignoring the deficit in the short term. We also know from political science that increasing employment and average disposable income really helps the party in power politically.

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