Joe Emersberger: More default hype from Bloomberg regarding Venezuela

In early September of 2014, an op-ed by Ricardo Hausmann and Miguel Angel Santos set off a stampede of articles in the international press saying that Venezuela was on the brink of defaulting on its foreign bonds.  Contrary to what Bloomberg claims in this article today, Hausman did not merely say in that op-ed that Read more…

Joe Emersberger: Washington Post tells whoppers about Greece and Argentina

This WAPO article by Michael Birnbaum and Anthony Faiola said “But Argentina differs from Greece in deep ways. Argentina is one of the world’s top 25 economies, a commodity-rich nation that exported its way to growth with soybeans, corn and heavy industries such as steel and cars. “ Aside from putting forth the the magic soybean Read more…

Joe Emersberger: Ignoring its own reporting – Guardian EU editor lets Jean-Claude Junker off the hook for his lies -UPDATED

EU Commission chief, Jean-Claude Junker, held a press conference today in which he claimed that Greece’s vicious EU overlords never demanded that Greece’s Syriza government cut wages and pensions. In fact, he claimed the lenders were on the verge of offering debt relief when Alexis Tsipras, the Greek PM,  “betrayed” them by calling a referendum. Read more…

Joe Emersberger: Reuters on PSUV primaries in Venezuela

The following line stands out, in a bad way, in Alexandra Ulmer’s report on the ruling party’s internal elections. “The revolution doesn’t work like it used to. You don’t feel that emotion anymore,” said a teacher at a state-run school in a low-income part of Caracas, who is disappointed with President Nicolas Maduro, the former Read more…

Joe Emersberger: Politico article on Argentina and Greece is grossly inaccurate UPDATED: Politico replies

Argentina defaulted on its foreign debt in December 2001. Its example (along with Iceland’s and Ecuador’s) offer important lessons for Greece which looks poised to default on debt owed to the IMF.  Naturally the corporate press can’t help but lie about Argentina’s example. The article by Zeke Turner says “It took more than five years Read more…

Joe Emersberger: Nick Miroff Smears Venezuela’s Democratic Process – as usual

Nearly four months ago I said, at the end of this blog post, that Venezuela’s parliamentary elections would be held in December.  The head of Venezuela’s electoral authority, the CNE, announced a few days ago that elections would be held on December 6.  Nick Miroff  reported the CNE’s announcement as a victory for jailed opposition Read more…

Joe Emersberger: Do I have psychic powers about Venezuela?

At the very end of this blog post, from almost four months ago, I said that Venezuela’s legislative elections “will not take place until December of 2015” Nearly four months later, a date of December 6, 2015 has been announced. Psychic powers on my part? No, it has long been obvious for anyone has been Read more…

Joe Emersberger: Anti-Austerity Song posted on the Media Lens site

Anti-Austerity Song posted on the Media Lens site Here is the Youtube link UPDATE The singer / songwriter comments: “Thanks to everyone who listened, commented on and/or shared the song I posted. The song is from an album that I’ve spent over two years putting together in my spare time and the whole thing was Read more…

Joe Emersberger: Reuters does much worse than bury the lead on TPP

This article by Reuters on a crucial vote in the US House of Representatives regarding the TPP (the Trans Pacific Partnership) was flagged by AOL as a top story. The reporters, Richard Howard and Krista Hughes, never get around to telling readers in this lengthy article that TPP is a secret. Here is a list Read more…

Joe Emersberger: CLALS bias against Venezuelan government more obvious than I thought

I just wrote this piece about a study of Globovision (a Venezuelan TV broadcaster) that was done by American University’s Center for Latin American and Latin Studies (CLALS). Despite concluding that Globovision’s content was not biased in favor of the Venezuelan government or the opposition since an ownership change in May of 2013, CLALS decided Read more…

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