Category Archives: The Media

Miami Herald Still Can’t Cover the Housing Mess Properly

The Miami Herald has often been accused of shilling for local real estate interests (they used to buy a lot of ads). Excellent evidence for this accusation, or at least for one-sided local boosterism, can be found on today's front-page, top right, headline, which says in big extra-dark letters: Home sales up as prices stabilize.

The much smaller sub-head begins the clawback to reality: “In December, South Florida home sales continued to rise but prices still went down — although at a slower rate.”

Even so, explain to me how you get that headline about “prices stabilize” from this text:

(Paragraph 4) … Median prices fell just 5 percent in Miami-Dade and 2 percent in Broward in the year-to-year comparison. …

(Paragraph 6) … Realtors say more buyers are perusing property, and some believe prices have stopped their freefall …

(Paragraphs 10-11) Still, median home prices continued to fall, dropping 10 percent in Miami-Dade and 17 percent in Broward compared to November. The figures include only those homes sold by real estate agents.

Condominium sales skyrocketed in December, compared to the same month of 2008 — up 68 percent in Miami-Dade to 766 and 59 percent in Broward to 949. At the same time, median prices fell: down 16 percent in Miami-Dade and down 17 percent in Broward.

(Paragraph 12) …. Nationwide, the picture is different. .. prices rose from December 2008

So in fact the real story is that our prices are still falling more than the rest of the country's. Yet the headline reads “prices stabilize”.

I don't blame the reporter, Ina Paiva Cordle, for the headline, because we all know that editors not reporters do headlines. But I do blame the reporter for who gets quoted in this article:

  • Frank Kowalski, president of Metro Dade Realty in Miami
  • Marla Martin, spokeswoman for Florida Realtors
  • National Association of Realtors Chief Economist Lawrence Yun
  • David Dabby, president of the Dabby Group in Coral Gables.
  • Jan Herard, broker associate for Coldwell Banker Residential Real Estate in Broward

Is there anyone on that list who doesn't have a financial interest in spinning positive news on home sales and prices? Well, the one person who isn't a realtor or doesn't work for one seems to be David Dabby. So what is this Dabby Group? The Herald doesn't tell us, so as readers we can't find out. Unless we fire up that browser and discover that the Dabby Group does real estate appraisals — something that also benefits from increase in transactional volume, if not necessarily as directly from increases in prices.

Can't the Herald find one independent voice to interview on this subject? There must be one in Miami somewhere. If not, folks, let me be the first to tell you that long distance is very cheap if you use Skype.

Posted in Econ & Money: Mortgage Mess, Miami, The Media | Comments Off on Miami Herald Still Can’t Cover the Housing Mess Properly

Freedom of the Press Belongs to Those Who Own Them

Editor & Publisher distinguished itself during the Bush regime for its skeptical coverage of the war and more. And now E&P is going to be closed at the end of the month, after 108 of continuous publication.

The new owners of E&P's parent, Nielsen Business Media, made the (to me) surprising decision to close it down — didn't even try to sell it or keep it alive online. How unsurprising, therefore, to learn that one part of the consortium that bought E&P's parent is the Carlyle Group.

Carlyle, like Haliburton and Brown & Root (now merged?), is a key part of the GOP power and influence (and state-sponsored profit) sector.

I'm not saying this is why Carlye will have bought NBM, but I doubt they shed a tear or lifted a finger to save E&P in any form.

Posted in The Media | 1 Comment

Hannity Apologizes

TMP runs the story of Hannity's apology as Cold Day in Hell.

Hannity claims it was an “inadvertent” error. (See Hannity = Dishonesty for background.)

Now on his program last night he mentioned that we had played some incorrect video on this program last week while talking about the Republican health care rally on Capitol Hill. He was correct. We screwed up. We aired some video of a rally in September, along with the video from the actual event. It was an inadvertent mistake, but a mistake nonetheless. So Mr. Stewart, you were right. We apologize. But by the way, I wanna thank you and all your writers for watching.

I find that hard to believe (how does fresh video get mixed up with archival stuff?), but there you have it.

Posted in The Media | 4 Comments

Hannity = Dishonesty

The most amazing thing about this story is that I think no one will care.

Jon Stewart catches out Fox propagandist Hannity in a stunning piece of dishonesty, one that could not possibly be accidental. In any normal democracy with a well-functioning press and political culture, this sort of neo-Goebbelian manipulation of the news would produce some reaction, perhaps shunning, from the political and literary class. (And if his employer were honest, instead of Ailes, one would expect heads to roll.)

At least we get this:

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Sean Hannity Uses Glenn Beck's Protest Footage
www.thedailyshow.com

Posted in The Media | 24 Comments

Worst Pun in NYT Front-Page Headline Ever?

Is this the worst pun ever to appear as a headline to a front page article in the NYT? The Loin in Winter: Hugh Hefner Ponders His Legacy.

Dull article, though. Who cares if Hefner is or isn't going broke, dating 20-year-olds, aging, or sponsoring a six volume biography?

Posted in The Media | 2 Comments

Is the Miami Herald Useless?

It looks like a good article — Hialeah and Weston: A tale of two cities, one health crisis but don't look too carefully.

The key facts reported appear in paragraphs four and five (after a back-in lead humanizing the statistics):

More than half of Hialeah adults aged 18-64 — 53.1 percent — lack health insurance, according to Census data released last week. That's almost three times the national average and the highest rate in South Florida. The lowest — 13.8 percent — is in Weston.

That disparity “could certainly be a poster child about the need for reform,'' says Robert Berenson, a physician who is a health policy expert at the Urban Institute.

So far, so good. But then the Herald chickens out in paragraph six.

The congressmen for the two cities — Republican Lincoln Diaz-Balart for Hialeah and Democrat Debbie Wasserman Schultz for Weston — agree reform is needed, but have completely different ideas on what should be done.

And the we don't learn a thing about what they (or others) think should be done…until paragraphs 23-26, the final graphs of the article:

In an e-mail to The Miami Herald, Diaz-Balart wrote that something needed to be done, in particular to help small businesses. He proposes allowing them to “to pool together to negotiate and purchase health insurance, across state lines,'' which should drop premium prices through leveraged buying and increased competition.

“Individuals who are self-employed should receive tax credits to help them purchase health insurance'' across state lines, the Republican wrote.

Wasserman Schultz sent an e-mail saying the contrast between the cities “show clearly the need for health insurance reform.'' She strongly supports a public option and strict controls on private insurers so that they can't reject applicants for preexisting conditions. She also advocates subsidies for people who can't afford coverage.

“Whether it is 13 percent or 53 percent, Americans need to have the stability and security that come from having quality, affordable, health insurance choices,'' the Democrat wrote.

Yes, that's it. Not one word on whether either or both of those plans would address the problem. Hint: Diaz-Ballard's “plan” is not going to do much about small businesses that feel they can't afford to give people health care or the low wages that make it unaffordable plus going accross state lines will weaken enforcement efforts. Waserman Schultz's “subsidies” might, depending how big they are and how they are targeted, but it's a fairly meaningless idea unless it is connected to a realistic proposal now on the Hill — is it? And if not, what if anything does Waserman Schultz, a power in the Democratic Party, intend to do about it?

In short, the Herald ducked everything complicated, important, and interesting about this story. It failed to help readers figure out which if any of their representatives were actively engaged in doing anything meaningful about the problem. And this on one of the leading political controversies in the country, one which the House will be voting on soon.

And it's not as if the Herald can't find or is afraid to quote experts — they put one in paragraph five (quoted above) after all.

Epic fail.

I am as loyal a reader and lover of newspapers as you will find anywhere, but more and more wonder why I keep my Herald subscription as the paper gets thinner and duller.

I used to say I got the Herald for the local news, but we've now had not one, but two days of opinion columns and one news story telling us that the recent arrests of politicians in Broward were no surprise. Well, it certainly was a surprise to readers of the Herald, as I doubt there was ever a hint of this in its pages…

Comments closed due to attack robots

Posted in Health Care, The Media | 7 Comments