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Wall Street Journal Reporter Officially Denies Russia Espionage Charges

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Jailed Wall Street Journal reporter Evan Gershkovich has been charged with espionage in Russia and has entered his official denial, Russian state news agency Tass reported Friday.

Tass said a law enforcement source informed the news agency that Russia’s Federal Security Service officially charged the American journalist with espionage. Tass did not specify if the action was taken during a court hearing.

In the Russian legal system, the filing of charges means the formal start of a criminal probe.

Tass quoted its source as saying: “The FSB investigation charged Gershkovich with espionage in the interests of his country. He categorically denied all accusations and stated that he was engaged in journalistic activities in Russia.” (Read more from “Wall Street Journal Reporter Officially Denies Russia Espionage Charges” HERE)

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Wall Street Journal Fires Chief Foreign Affairs Correspondent for Having Stake in CIA-Run Company

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The Wall Street Journal today announced that it is sacking its chief foreign affairs correspondent, Jay Solomon, related to “ethical lapses” that were revealed in a Tuesday AP expose that revealed Solomon’s substantial ties to an arms dealer and smuggler for the CIA.

The AP investigation focused on Farhad Azima, an Iran-born magnate who had ferried weapons for the CIA, and founded a company, Denx LLC, that was trying to make a deal with the United Arab Emirates on a surveillance scheme intended to spy on Iran.

Solomon had been using Azima as a key source in his reporting for years, and the AP story found Azima offered Solomon a 10% stake in Denx LLC. Among the services Solomon was expected to provide was to secure a meeting with a top UAE official to sell him on the surveillance proposal.

The AP’s investigation doesn’t reveal how far this relationship actually went, and Solomon denied ever intending to have a business relationship at all. He did however admit to “mistakes in my reporting and entered into a world I didn’t understand.”

The Wall Street Journal insists Solomon forfeited their trust and that they were dismayed by his “poor judgement.” (For more from the author of “Wall Street Journal Fires Chief Foreign Affairs Correspondent for Having Stake in CIA-Run Company” please click HERE)

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The Wall Street Journal Spins for the Senate Immigration Bill

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Photo Credit: Breitbart

The Wall Street Journal editorial board took a strong stance Monday in favor of the Senate immigration bill, arguing that “immigrants will be crucial” to saving Social Security. The proof: a projection that immigrants will contribute $4.6 trillion (in today’s dollars) towards the Social Security trust fund over the next 75 years–nearly half the $9.6 trillion shortfall (for some reason, the Journal cites last year’s $8.6 trillion estimate.)

Even if true, that does not dispose of Social Security’s problems–and it may be misleading to consider the effects on Social Security alone, when new immigrants will also be making use of a host of other entitlement programs, including Medicare, Medicaid, and now Obamacare.

That is not an argument against immigration, but reminds us that using immigrants to shore up failing welfare state programs may be a recipe for failure.

It certainly has been in Europe.

Read more from this story HERE.

Harry Reid Whines, “Tea Party Ted Cruz isn’t Playing by the Rules!!!”

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Photo credit: Gage SkidmoreThe Wall Street Journal Editorial Board is upset with Ted Cruz for leading a filibuster against gun control.

John McCain tweeted out the Journal’s editorial in a moment of wackiness.

Bill Richardson, the scandal plagued former Governor of New Mexico, says Ted Cruz can’t be called hispanic despite being hispanic because Ted Cruz isn’t a race baiter like Richardson.

And now Harry Reid calls Ted Cruz a schoolyard bully for Cruz objecting to Harry Reid trying to expand government in a bipartisan fashion.

Most interesting to me is this part of Harry Reid’s statement of frustration:

He pushes everybody around and is losing and instead of playing the game according to the rules, he not only takes the ball home with him, but he changes the rules that way no one wins except the bully who tries to indicate to people that he has won.

Read more from this story HERE.

H&R Block Error May Delay Hundreds of Thousands of Tax Returns

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Photo Credit: cnycentral

If you haven’t received your tax refund, it could be due to an issue by the nation’s biggest tax preparer.

According to the Wall Street Journal, H&R Block “bungled more than 600,000 tax returns, delaying refunds by as much as six weeks.”

The website MarketWatch reports H&R Block “improperly filed Form 8863, leaving a mandatory field blank.” The form is used to claim educational credits. The error apparently impacts about 10 percent of the 6.6 million tax returns containing Form 8863.

Read more from this story HERE.

New York Times is a Sinking Ship, Cannot Aid Obama

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Photo credit: Joe Shlabotnik

In a recent Pew poll, the legendary paper of record was voted less “believable” than ABC News, the Wall Street Journal, CNN, NBC news, and CBS News. What a comedown for the Grey Lady.

Not only is the paper considered less trustworthy than most others news organizations, the decline has been sharp. The average believability of the 13 news organizations reviewed was 56%; the Times came in at 49%. (The Wall Street Journal comes in at 58%, by comparison.) Whereas trust in all those outfits has dropped in recent years, the Times has fared worse than most. Since 2010, their rating has sunk from 58 to 49.

For a paper that boasts a proud heritage and certainly a devoted following among liberals, this should be worrisome. Indeed, in his “farewell column” published this past weekend, Public Editor Arthur Brisbane, essentially the paper’s ombudsman, took the Times to task, saying that its “political and cultural progressivism…virtually bleeds through the fabric of The Times.” He describes the paper as a “hive on Eighth Avenue…shaped by a culture of like minds” – a uni-view that he suggests is more visible from the outside than the inside. That may or may not be correct, but for sure, Americans have taken note.

For the Obama White House, this disaffection with our leading newspaper should be something of a heads-up. If the Times acts as a virtual mouthpiece for the administration, and people do not find it credible, what does that say about the president?

It is not only 63% of Republicans that judge the Times lacking in credibility, it is also 56% of independents. Among those same independents, only 45% consider the Wall Street Journal unreliable.

Read more from this story HERE.