Showing posts with label lipstick on a pig. Show all posts
Showing posts with label lipstick on a pig. Show all posts

Saturday, November 20, 2010

AP Puts Lipstick on Housing Market Pig

Here is an excerpt from the AP story. (accent is mine)

AP reported:
U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat more optimistic about the prospect for an uptick in sales.

The National Association of Home Builders said Tuesday its monthly index of builders' sentiment edged up in November to 16, the highest reading since June.
Here is a table of the Housing Market Index (HMI) for the last 25 years.

Via NewsBusters:

How anyone can look at that chart and feel in anyway optimistic the housing market has entered an upturn is beyond me.

Tom Blumer over at NewsBusters opined:
The AP's Veiga "somehow" forgot to tell readers that the NAHB's "highest since June" reading was really "the same as June." In historical context, saying something good about October's result is like getting excited when an 0-12 NFL team finally wins a game -- in overtime, because the refs blew a call that cost the other team the game.

Saturday, November 6, 2010

Lipstick on a Pig: Liberals Claim Obamacare was Worth Losing the House


There is little doubt that one of the primary reasons Democrats took such a shellacking this November was their Health Care Reform Bill. It isn't that Americans are unsympathetic to the plight of those who are uninsured. The overriding fact is most Americans are happy with their health care and don't want it messed with, even if that means more people would be covered. Secondly, although almost all Americans would agree health care costs are too high, most Americans are having a large part of those costs paid for by their employer. This keeps health care from being a major 'pocket book' issue for them. President Obama tried to sell health care reform as a bill that would reduce both health care costs and the deficit. Anyone who believed that is either ignorant or delusional. Most Americans are neither. President Obama blames the Democrats failure on the message, but the truth is they were selling 'snake oil.' It has taken only a few months for the proof Democrats were lying about their health care reform bill to emerge. Obamacare will both raise costs and the deficit. Now that the cat is completely out of the bag and Democrats have paid a heavy price, liberals need to claim it was worth it to sleep at night.


From Slate:
Democrats have lost the House, and health care is getting the blame. Sen. Evan Bayh of Indiana, a retiring Democrat, says his party "overreached by focusing on health care rather than job creation" and by spending $1 trillion on "a major entitlement expansion." Sen. John McCain's economic adviser agrees. Pundits say the health care bill killed President Obama's approval ratings, cost congressional Democrats their jobs, and snuffed out the legacy of House Speaker Nancy Pelosi...

...But if health care did cost the party its majority, so what? The bill was more important than the election.

I realize that sounds crazy. We've become so obsessed with who wins or loses in politics that we've forgotten what the winning and losing are about.

Wednesday, November 4, 2009

Nancy Pelosi: "From my perspective, we won last night."


Nancy Pelosi thinks Democrats won last night? How is that for putting "lipstick on a pig."

From The Hill:
House Speaker Nancy Pelosi said she sees no need to be worried by Republican victories in two governors races last night, because for her the news was all good.

"From my perspective, we won last night," said Pelosi (D-Calif.),...

Meanwhile, the White House is trying to distance itself from the results.