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Investor's Business Daily Lies

February 25th 2009 22:09
Normally, I wouldn’t devote a post to a single error in an opinion piece, but when that misstatement is an outright lie, it merits an exception. The business-oriented newspaper Investor’s Business Daily is usually pretty good about toeing the line. Their editorials will have misstatements, false implications, and one-sided reporting, but only very rarely will they have an outright fib. Very rarely, however, is not never.

Railroaded

The Washington Post reported that some of that largesse was destined for a proposed ‘magnetic-levitation rail line between Disneyland, in California, and Las Vegas, a project favored by Senate Majority Leader Harry M. Reid, D-Nev.’”

Sounds pretty straightforward, right? “Was destined,” so some of that money, according to the Washington Post, is or will be earmarked for the Disneyland-Vegas line.

Not so fast. Here’s the Washington Post article that the claim is from.

Despite Pledges, Stimulus Bill Has Some Pork

The deal provides $8 billion for high-speed rail projects, for example, including money that could benefit a controversial proposal for a magnetic-levitation rail line between Disneyland, in California, and Las Vegas, a project favored by Senate Majority Leader Harry M. Reid (D-Nev.).”

“could benefit”? That doesn’t sound like “destined” to me. In fact, none of the high-speed rail money is designated for any specific project. Naughty, naughty, Investor’s Business Daily.
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