Budget

As NewsBusters reported, America's media last week gushed and fawned over billionaire Warren Buffett's call for higher taxes on the rich. On Monday, Harvey Golub, the former CEO of American Express, responded to the Oracle of Omaha in a Wall Street Journal op-ed that reveals a side of this tax story media refuse to share with the American people:

Economist Ben Stein had some harsh words for Republican presidential candidate Rick Perry on "CBS Sunday Morning." Responding to comments the Texas governor made earlier in the week concerning Federal Reserve Chairman Ben Bernanke, Stein said, "I hope he'll get some moderation in his speech, and some lessons in economics, and soon" (video follows with transcript and commentary):

On August 15, the Boston Herald, the Boston Globe, and the Associated Press all reported that Massachusetts-based Evergreen Solar had filed for Chapter 11 bankruptcy. Oddly enough (no, not really), The New York Times, which published a 1,600-word report in January (HT to an NB emailer) on the company's competitive difficulties, did not take note of Evergreen's filing. Each of the three…

As government spending supporters in the media press for a new, bolder stimulus plan to get the economy going, they love to refer to the Depression Era Hoover Dam as a shining moment in Keynesian economics. When this surfaced on ABC's "This Week" Sunday, George Will marvelously noted, "You couldn't build the Hoover Dam today because they'd discover a snail darter in the Colorado River and…

As NewsBusters has been reporting, the Obama-loving media have largely been gushing and fawning over the current White House resident taking a vacation on Martha's Vineyard as the economy appears to be heading into a double-dip recession. Giving an interesting insight into the President's decision to not call Congress back from its summer break to tackle the problems facing the nation was New…

Sometimes I wonder how liberal media members could possibly live in the same country as I do and hold such startlingly absurd ideas about it. Take for example Fareed Zakaria who on the CNN program bearing his name this Sunday is going to tell viewers that America would likely still have a AAA credit rating if we had a parliamentary system of government with a prime minister rather than a…

Stock markets around the world are once again imploding in fear of a global double-dip recession. Appearing on PBS's "Inside Washington" Friday, NPR's Nina Totenberg said Barack Obama can cure what ails us with "a lot of very populist rhetoric" (video follows with transcript and commentary):

A brief item by Michael Shear in Friday’s New York Times, “Huntsman Makes Bid To Step Out From Crowd,” faulted moderate Republican candidate Jon Huntsman for not sufficiently “standing apart from the pack” of conservative presidential candidates by calling for higher taxes – or in Shear’s words, “revenue increases.” Shear called it a “missed opportunity,” as if Huntsman should have argued the…

Unemployment is at 9.1 percent, housing and stock prices are plummeting, national debt is exploding, and Medicare is going bankrupt. Yet MSNBC anchor Chris Matthews' greatest fear is a president that doesn't believe in evolution or climate change (video follows with transcript and commentary):

NPR's Scott Horsley apparently couldn't find any conservatives for his report on Thursday's All Things Considered, as he played nothing but sound bites from President Obama and former economic advisor Jared Bernstein. The two boosted a possible mini-stimulus, including "help for public works projects." Horsley played four clips from the President and two from Bernstein during the segment.

New York Times White House reporter Jackie Calmes, a consistent defender of Obama’s fiscal philosophy (and even the lack of one), announced on Thursday yet another “major address” by President Obama: “Obama to Press Committee on Jobs.” President Obama will deliver a major address soon after Labor Day seeking to pressure a special Congressional committee to propose new measures to promote job…

All joking aside about "if Obama has lost [fill in the blank], he has lost America", there was a stunning display today of a formerly ardent supporter condemning in the most fundamental terms President Obama's failure of leadership. On Morning Joe, leftist Columbia Prof. Jeffrey Sachs absolutely scalded the president.  Declared Sachs: the stimulus failed.  Three years in, Obama has no plan…

New York Times reporter David Kocieniewski reported on the front of Tuesday’s Business section reported on the op-ed by billionaire investor Warren Buffett’s in Monday’s Times which has gone viral in liberal circles. Buffett called for higher taxes on rich people like him in the name of fairness, claiming his 17% effective tax rate was lower than anyone else in his office. Kocieniewski, who…

New York Times White House correspondent Jackie Calmes’s 1,300-word story for the Saturday Business section, with the online headline “G.O.P. on Defensive as Analysts Question Party’s Fiscal Policy,” was so blatantly biased it caught the attention of neo-liberal Mickey Kaus, who posted a withering, entertaining analysis at The Daily Caller, revisiting his old theme of liberal cocooning among…