By Brad Wilmouth | August 1, 2011 | 4:20 AM EDT

 During a commentary aired on CBS Sunday Morning, supposedly right-leaning actor and economist Ben Stein blamed the "folly of supply side economics" - singling out President George W. Bush’s tax cuts in addition to President Obama’s spending - for the current federal budget deficit. The CBS contributor also complained that some Republicans have an "inflexible belief" that "low taxes were an American birthright."

He also complained that the Tea Partiers "insisted on the basically impossible, an immediate cut in federal spending, large enough to balance the budget without tax increases. In this age of Medicare and Medicaid, two wars, massive federal debt, interest payments, staggering Social Security obligations, that was simply impossible."

By Tom Blumer | August 1, 2011 | 1:07 AM EDT

Saturday night in Cincinnati, Fox 19's Kimberly Holmes Wiggins interviewed Ohio Democratic Senator Sherrod Brown from Washington about the state of the debt-ceiling debate. A full transcript follows.

Contained therein readers will see the untruthful establishment press memes which have dominated their coverage, and all too typical disgraceful and predictable demagoguery by Brown. Similar reports involving other Democrats likely played on stations across the nation this past weekend.

Strap on the duct tape. Here goes (bolds and numbered tags are mine; link is to the station's video home page):

By Tom Blumer | July 31, 2011 | 4:30 PM EDT

In his roughly 10 a.m. report this morning (HT to an NB emailer), the Associated Press's Steven R. Hurst opened by saying that "The top Republican in the Senate said Congress and the White House were very close to a deal on raising the limit on U.S. borrowing that would avert an unprecedented default on America's debt, ending one of the nastiest partisan fights in recent memory."

In his second sentence, he wrote, based on a statement from Republican Senate Majority Leader Mitch McConnell, that an agreement would "likely extend U.S. borrowing authority, which expires on Tuesday, beyond the 2012 presidential and congressional elections," giving casual readers the impression that default will occur if the borrowing authority ends.

That simply isn't so. Who says so? Moody's says so, as carried in a live blog item at the Wall Street Journal on Tuesday (HT Verum Serum):

By Noel Sheppard | July 29, 2011 | 6:33 PM EDT

Bloomberg's Margaret Carlson on Friday accused the Tea Party of wanting "to burn the place down" and having figuratively "strapped explosives to the Capitol" during debt ceiling negotiations.

Sitting beside her on PBS's "Inside Washington" was Charles Krauthammer who smartly replied, "I thought post-Tucson we weren’t supposed to accuse our political opponents of being terrorists" (video follows with transcript and commentary):

By Noel Sheppard | July 29, 2011 | 5:37 PM EDT

In a "Fareed Zakaria GPS" segment to be aired on CNN Sunday and posted at the network's website Thursday, the host flat out lies about the current debt ceiling debate as well as when and why credit rating agencies began expressing concern about our nation's finances.

"Please understand that none of these things are happening because the United States is running deficits," Zakaria falsely claims. "We face downgrades and investor panic not because of our deficits" (video follows with transcript and commentary):

By Noel Sheppard | July 29, 2011 | 11:11 AM EDT

MSNBC's Joe Scarborough on Friday took some well-deserved shots at New York Times columnist Paul Krugman.

After "Morning Joe's" Mika Brzezinski read bits of Krugman's most recent rant against "Republican extremism," her co-host responded, "If you’re a blogger, and you’re still living in your mom’s basement, and you got Cheetos all over the keyboard, you type in your underwear...you look at Paul Krugman and you think, 'He is my hero'” (video follows with transcript and commentary):

By Matthew Balan | July 28, 2011 | 7:08 PM EDT

On three occasions between July 22 and July 26, 2011, CBS's Bob Schieffer carried water for President Obama when he echoed the Democrat's inaccurate claim about Social Security: "Millions of Americans...may not get their next [Social Security] check if the debt ceiling crisis is not resolved." In reality, there is enough federal revenues and authorized expenditures to pay for the program [audio clips available here].

Schieffer gave a preview of the CBS Evening News nine minutes into the 8 am Eastern hour of the July 22, 2011 Early Show with his dire warning about Social Security:

SCHIEFFER: Every month, millions of Americans depend on Social Security to support their families and make ends meet. But now, they may not get their next check, if the debt ceiling crisis is not resolved.

[Video clips below the jump]

 

By Matt Hadro | July 28, 2011 | 6:22 PM EDT

Even Socialist Sen. Bernie Sanders (I-Vt.) believes the government can still pay out social security checks if the debt ceiling is not raised, but CNN highlighted disgruntled seniors Thursday who fear the opposite. CNN correspondent Sandra Endo reported live from a senior center and emphasized that the citizens were "scared," "worried," and "angry" about possibly not receiving their Social Security and Medicare payments.

"A lot of opinions, strong emotions, coming out of the seniors we've spoken to," Endo said. "There's certainly a buzz here at this senior center, and a lot of people are just frightened because they rely on their Social Security and also Medicare and Medicaid, of course, for their livelihood."

By Alex Fitzsimmons | July 27, 2011 | 5:55 PM EDT

MSNBC's Martin Bashir not-so-subtly suggested Wednesday that House Speaker John Boehner (R-Ohio) is a "baby" who should "go the f*** to sleep" and let Democrats deal with the debt ceiling issue.

Anchoring the afternoon program that bears his name, Bashir excoriated Boehner's latest deficit-reduction proposal, which he dubbed a "ludicrous lullaby," blaming the Ohio Republican for "this ridiculously prolonged, tortuous, and confused attempt to raise the debt ceiling."

By Noel Sheppard | July 27, 2011 | 10:14 AM EDT

New York Times columnist Paul Krugman on Tuesday said it was a "moral issue" for the press to censor conservative views about the debt ceiling.

Quite shockingly, the Nobel laureate took to his blog to complain that the news media are being too fair and balanced in their coverage of this highly contentious issue:

By Tom Blumer | July 26, 2011 | 10:14 PM EDT

If there's a reason why Dayton Daily News staff writer Drew Simon wrote his Tuesday morning story ("Seniors fear losing Social Security checks") other than to scare the elderly, I don't know what it is.

Nowhere in his report did Simon say who was the first person to invalidly raise the specter of Social Security checks not going out on August 2 (it was President Barack Obama, in case you missed it). Nowhere did he mention that the likelihood is extremely remote, and that if it happens it would only be because the Obama Treasury Department decided to let it happen. Messy items like that distract from the main purpose. Oh, but Simon did get an apparatchik from AARP who also should and probably does know better to chime in on his behalf.

Here are a few paragraphs from Simon's stench:

By Noel Sheppard | July 26, 2011 | 9:49 PM EDT

MSNBC's Chris Matthews Tuesday exposed his own debt ceiling hypocrisy without realizing it.

As he absurdly asked his "Hardball" guests why America isn't having a "big debate" about what the federal government should pay for - like that's not what's happening at the moment! - he relayed how his parents balanced their household budget, but never once said anything about raising revenues. It was all about what they could afford (video follows with transcript and commentary):