LA Times busted again

Shortly after Arnold was elected governator of California, and the true scale of Governor Davis' fiscal disaster was becoming clear, two major bond rating agencies downgraded California's debt, which lowered the price of California bonds, raising interest rates, and therefore made it more difficult and expensive for California's government to raise money. The L.A. times noted the drop a few weeks ago, though apparently didn't mention that Governor Davis could have had anything to do with the fiscal outlook for the state.

But when The Governator's policies took hold, bond ratings returned to where they were before, and another ratings agency actually raised its outlook for California. Though this would have been known to the LA Times, and indeed it would have been readily apparent to any financial reporter who bothered to actually check the four bond ratings agencies, the LA Times failed to note this salient fact.
You'd think after being so thoroughly busted for their obsessive witch hunt for women who would say they were groped by the Governator, they'd be a bit more careful with appearances.

(Via LA Cowboy, a blog wholly devoted to riding the LA Times hard and putting her up wet.)