Good, Bad, and Ugly
Reader reaction to Reuters news
Indian commandos mop up last of Mumbai militants
Several readers objected to this headline, though I don’t fully understand why. My online dictionary says MOP UP: Military. to clear (ground, trenches, towns, etc.) of scattered or remaining enemy combatants after attacking forces have conquered the area. GBU Editor.
Obama health plan to cost $75 billion -analysis
WASHINGTON, Nov 12 (Reuters) – President-elect Barack Obama’s plans to overhaul the U.S. healthcare system would cost the federal government $75 billion the first year but would provide health insurance for 95 percent of Americans, consulting firm PriceWaterhouseCoopers said on Wednesday.
“The plan would increase to $1 trillion cumulatively by 2018 or approximately $130 billion per year,” the report said.
Rare Beatles film of ’64 Kansas gig sells for $6,600
The two-minute silent, color 8mm film was uncovered by American Drew Dimmel who attended the concert as a young boy in Kansas City in September 1964 but had forgotten about the footage until he was clearing out his parents’ home.
The stadium referred to in this story is in Kansas City, MISSOURI, not Kansas City, Kansas.
U.S. rap label boss dies suddenly
NEW YORK (Billboard) – The head of rap label Def Jam Recordings died suddenly on Saturday, the company said. Shakir Stewart, who was named executive VP of the iconic label in June, committed suicide, according to reports.
Of course he died suddenly. He committed suicide. What idiot commits suicide slowly? You’d have to be really stupid or really hate yourself to do that.
House prices fall to 30-year low
LONDON (Reuters) – The decline in house prices accelerated in September and sales fell to the lowest level in at least 30 years, a survey showed Tuesday, in a sign the housing market slump may have some way to go yet.
Your headline “HOUSE PRICES FALL TO 30 YR LOW ” is very misleading and is NOT correct. As the article states the number of houses SOLD in September fell to a 30 yr low. This is VERY different to saying PRICES fell to 30 yr low.
WASHINGTON (Reuters) – Consumers facing rising unemployment kept their spending unchanged in August even though incomes rose, according to a government report Monday that showed optimism about the economy’s direction was fading.
This sort of gross exaggeration in news reporting is ridiculous. In fact, consumer spending for August matched that for July. It just didn’t increase. Can writers and editors just knock off the attention-grabbing hyperbole and accurately report what is happening?
“Show me the money”
What is the best test of whether the government’s proposed $700 million bailout of financial markets will be enough to save the economy?