Personal Finance

Occupy-Loving Washington Post Pushes Furnishings for the 1 Percent
By Paul Wilson | May 2, 2012 | 2:50 PM EDT

There's real paradox in romanticizing squalid, rat infested tents in one section of your publication while in another advising well-heeled readers where to buy a $5,000 Chippendale rug. But such is life at a liberal big-city newspaper.

The Washington Post swooned over the Occupy Movement last year, devoting thousands of words and gallons of ink to covering the complaints of the self-described 99 percent, which claims “to fight back against the richest 1% of people that are writing the rules of an unfair global economy that is foreclosing on our future.” The Occupy Movement is calling for a general strike on May 1, and the Post is now itching to favorably cover Occupiers.

Google Chairman Schools Krugman: 'Surely You're Not Arguing Government Should Hire All the Unemployed People'
By Noel Sheppard | April 29, 2012 | 12:51 PM EDT

Google Chairman Eric Schmidt gave a much-needed economics lesson to New York Times columnist and Nobel laureate Paul Krugman on ABC's This Week Sunday.

During a lengthy discussion about liberal and conservative views on how to stimulate the currently soft recovery, Schmidt - a known Barack Obama supporter - marvelously said to his left-leaning co-panelist, "Surely you're not arguing that the government should hire all the unemployed people" (video follows with transcript and commentary):

Tavis Smiley: 'No One Who Happens to be Poor Wants What Romney Has'
By Noel Sheppard | April 26, 2012 | 9:27 AM EDT

Although the list is long and undistinguished, PBS's Tavis Smiley said possibly one of the dumbest things he's ever said on television Wednesday.

In a discussion about class warfare and the politics of envy on Fox News's Hannity show, Smiley actually said with a straight face, "No one who happens to be poor wants what Mr. Romney has" (video follows with transcript and commentary):

Paul Gigot Smacks Down Katrina Vanden Heuvel: 'You Got a Huge Expansion of Federal Government - How Is That Working Out?'
By Noel Sheppard | April 15, 2012 | 1:59 PM EDT

There was a truly delicious moment on ABC's This Week Sunday that should be mandatory viewing for all liberal media members.

After the perilously liberal editor of The Nation magazine, along with Obama's former domestic policy adviser, blamed all the nation's problems on Republican obstruction in Congress, the Wall Street Journal's Paul Gigot struck back saying, "The first two years [Obama] had open field, Democratic, vast Democratic majorities. You got what you wanted. You got a huge expansion of federal government. How is that working out?" (video follows with transcript and commentary):

Michael Steele Schools Joan Walsh on Romney-Rosen Dustup: Stay-at-Home Moms Aren't All Rich
By Noel Sheppard | April 12, 2012 | 6:38 PM EDT

In the wake of the Ann Romney-Hilary Rosen stay-at-home mom dustup, Salon's Joan Walsh on Thursday predictably made the totally false claim "being able to stay home with your children [is] a choice for the wealthy only."

Fortunately, former RNC chairman Michael Steele was also on MSNBC's Hardball to set the record straight saying, "This isn’t about just rich women. There are a lot of middle class women out there who stay at home with their kids too" (video follows with transcribed highlights and commentary):

MSNBC Political Analyst: Alabama Women Voting for Santorum 'Really Hurts Me'
By Noel Sheppard | March 13, 2012 | 11:33 PM EDT

An MSNBC political analyst on Tuesday actually said that Alabama women voting for Rick Santorum in the Republican presidential primary that just concluded in that state "really hurts" her.

Talking to Lawrence O'Donnell on The Last Word, Karen Finney arrogantly said, "It’s a little painful because I’m wondering if those women really heard the full message" (video follows with transcribed highlights and commentary):

Media Myth Debunked: Income Inequality Is Actually Plummeting
By Noel Sheppard | February 19, 2012 | 6:03 PM EST

Since the first Occupy Wall Street protest, you haven't been able to swing a dead cat in this country without hitting an Obama-loving media member carping and whining about income inequality.

Yet according to this chart created by the nation's largest federation of trade unions the AFL-CIO, the difference between average CEO and average worker pay has been plummeting since the year 2000:

Barbra Streisand: 'Barack Obama Has Not Put Anyone on Food Stamps'
By Noel Sheppard | February 4, 2012 | 3:25 PM EST

"Barack Obama has not put anyone on food stamps."

So hysterically wrote Barbra Streisand at the Huffington Post Friday evening:

CBS's Rose Touts NY Times Spin on Romney's Wealth Being 'New Hurdle'
By Matthew Balan | January 19, 2012 | 6:39 PM EST

Charlie Rose ripped a new liberal line of attack on Mitt Romney right out of the New York Times on Thursday's CBS This Morning, as he interviewed top Romney backer Chris Christie. Rose played up that Romney "seems to be dancing around the idea of what his wealth is. This is the New York Times today: 'Romney riches are being seen as new hurdle; complex web of assets is difficult to assess.'"

Midway through the segment, the anchor held up the copy of left-leaning publication and read the headline for the front page, above-the-fold article by Nicholas Confessore, David Kocieniewski, and Michael Luo. He continued by citing the New Jersey governor's own rebuttal to this class warfare tactic: "Your philosophy seems to be, tell him how much you're worth, and say you're proud of it. Every American wants to be rich."

George Will Demolishes Robert Reich: 'You Are a Pyromaniac In a Field of Strawmen'
By Noel Sheppard | December 18, 2011 | 7:30 PM EST

George Will on Sunday marvelously told liberal economist Robert Reich something that many conservatives have been dying to say for years.

During a fascinating Right vs. Left debate on ABC's This Week, after Reich predictably pined for higher income tax rates to solve all that ails us, Will struck back with the line of the weekend, "You are a pyromaniac in a field of strawmen" (video follows with transcript and commentary):

NB Interview: Peter Schiff on Media and the Economy, OWS
By Noel Sheppard | December 1, 2011 | 11:39 PM EST

For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk."

On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather frightening view of the economy and the future of our nation (video follows with transcript):

Liz Cheney Scolds Bob Schieffer for Discussing Cain 'Scandal' Rather Than Important Issues Facing the Nation
By Noel Sheppard | November 6, 2011 | 2:51 PM EST

While Bob Schieffer spent a goodly amount of time on Sunday's Face the Nation discussing the allegations made against Herman Cain this week as well as Rick Perry's strange speech in New Hampshire, Liz Cheney was the voice of reason asking why he was wasting so much time on these irrelevant issues.

"With all due respect, you know, the American people are out there afraid. They're afraid that the economy is going off a cliff...I think that that's what we ought to be talking about" (video follows with transcript and commentary):