NB Interview: Peter Schiff on Media and the Economy, OWS

December 1st, 2011 11:39 PM
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…

Ron Christie Schools Chris Matthews: 'The Facts Get in the Way of a Go

November 28th, 2011 7:44 PM
MSNBC's Chris Matthews on Monday perfectly demonstrated that he is willing to contentiously debate issues with conservative guests without regard for the truth. In the middle of a Hardball segment about the Democrat proposal to extend the payroll tax holiday, Matthews ignorantly accused the far more knowledgeable Ron Christie of "complicating" the discussion leading his guest to marvelously…

Krugman Calls for Higher Taxes Than Under Clinton

November 28th, 2011 12:42 AM
You knew this was coming. Nobel laureate Paul Krugman - might he finally be realizing that our budget deficits can't possibly be solved by just eliminating the Bush tax cuts? - is now calling for marginal rates even higher than when Bill Clinton was in office:

Fareed Zakaria Agrees With Obama: America IS Getting Soft

October 9th, 2011 11:37 AM
Barack Obama took a lot of heat last week for saying America has "gotten a little soft." Not from Fareed Zakaria who when not advising the president on foreign policy acts as one of his propaganda czars every Sunday on CNN (video follows with transcript and commentary):

Social Security Disaster

October 6th, 2011 2:57 PM
Politicians who are principled enough to point out the fraud of Social Security, referring to it as a lie and Ponzi scheme, are under siege. Acknowledgment of Social Security's problems is not the same as calling for the abandonment of its recipients. Instead, it's a call to take actions now, while there's time to avert a disaster. Let's look at it. The term was derived from the scheme…

Gov. Perry's Right About Social Security

September 21st, 2011 6:22 PM
During the recent GOP presidential debate, Texas Gov. Rick Perry said that Social Security is a "monstrous lie" and a "Ponzi scheme." More and more people are coming to see that Social Security is a Ponzi scheme, but is it a lie, as well? Let's look at it. Here's what the 1936 government pamphlet on Social Security said: "After the first 3 years — that is to say, beginning in 1940 — you will…

McConnell: If Buffett Feels Guilty About His Taxes 'He Should Send in

September 18th, 2011 12:11 PM
Senate Minority Leader Mitch McConnell (R-Ky.) doesn't think the President's new "Buffett Rule" to create a higher tax rate for millionaires makes sense. Speaking on Sunday's "Meet the Press," McConnell said, "With regard to his tax rate, if [Warren Buffett's] feeling guilty about it, I think he should send in a check" (video follows with transcript and commentary):

Krauthammer: Ponzi Would Be Social Security Commissioner If New Entran

September 17th, 2011 1:17 AM
For several weeks, NewsBusters has been reporting that despite protestations from liberal media members, Texas governor Rick Perry is 100 percent correct when he calls Social Security a Ponzi scheme. On PBS's "Inside Washington" Friday, syndicated columnist Charles Krauthammer put a fine point on this saying, "If Charles Ponzi had had the force of the law forcing people, new entrants, into…

Matthews Keeps Pounding Perry's Social Security Ponzi Critique Despite

September 14th, 2011 10:29 AM
Despite having been exposed for at least twice calling Social Security a Ponzi scheme, MSNBC's Chris Matthews continues to pound Republican presidential candidate Rick Perry for saying the same thing. Here's what the "Hardball" host hypocritically said on Tuesday's program (video follows with transcript and commentary):

NYT Reporters Huff: Social Security Is Not a Ponzi Scheme

September 14th, 2011 9:45 AM
Tuesday's New York Times's “Check Point” was the latest liberally slanted fact check of a G.O.P. presidential debate, this time by two liberal reporters, Michael Cooper and Nicholas Confessore, “Perry’s Criticism of Social Security as ‘Ponzi Scheme' Dogs Him in Debate.” Confessore, who once worked for the liberal journals Washington Monthly and American Prospect, once again staunchly…

Krugman on Social Security Circa 1996: 'The Ponzi Game Will Soon Be Ov

September 14th, 2011 1:13 AM
As NewsBusters reported Tuesday, liberal media outlets and their members have been talking about Social Security being a Ponzi scheme since at least 1967. Add New York Times columnist Paul Krugman to the list of detractors as demonstrated by something he wrote for the December 1996/January 1997 issue of Boston Review:

CBS Uses Cartoon to Spread Liberal Anti-Perry Talking Points

September 13th, 2011 5:28 PM
On Tuesday's Early Show, CBS targeted Republican presidential candidate Rick Perry by using their 'Fast Draw' animators to depict the Texas governor as gun-slinging, right-wing extremist. Cartoonists Josh Landis and Mitch Butler turned to a Texas journalist who claimed that Perry "would turn back the clock. He would take America back to where there was basically no safety net" [audio clips…

Memo to GOP: Social Security Demogoguery Is the Province of Liberals

September 13th, 2011 4:22 PM
It is very disheartening to see Republican presidential primary candidates racing to out-demagogue one another in denouncing Texas Gov. Rick Perry's accurate description of Social Security as a Ponzi scheme. It used to be that Republicans at least waited until the general election campaign to pander to liberals. I admire Perry both for telling it like it is and for having the guts to stand by…

Flashback 2007: Tim Russert and Chris Matthews Agree Social Security I

September 13th, 2011 11:03 AM
Whether or not Social Security is a Ponzi scheme was again a source of great discussion during Monday's Republican presidential debate, and it appears this is likely going to be a hot issue throughout this election cycle. What should be interesting to participants and pundits alike is that during the last presidential campaign, on November 5, 2007, the late Tim Russert, and Chris Matthews,…