Budget

On this morning's CNN Newsroom, anchor Heidi Collins gave Barack Obama some cover by characterizing the omnibus spending bill, larded with thousands of earmarks, as left over from the Bush administration:A controversial $410 billion spending bill hits a snag in the Senate. This is the bill we've been talking about with about $8 billion in earmarks. Republicans and a few Democrats are mad about…

A consistent media meme since Election Day has been that Barack Obama was inheriting a recession that some believe began as far back as December 2007. Since then, despite various rescue plans from his Administration, and the passage of a $787 billion stimulus package, the stock market has continued to plummet while employers shed payrolls in a fashion rarely seen in history.This all raises an…

"General" David Brooks, the very compliant house conservative of the New York Times, after just three days of bravely volunteering to lead a mighty "moderate" army against the "ideological outrages" of the Barack Obama administration, has now called a hasty retreat with a column that borders on outright apology for daring to oppose the very liberal budget. First let us take trip down memory lane…

Sen. James Inhofe (R-Okla.) participated in a conference call with a number of bloggers on Wednesday. On the agenda was the Fairness Doctrine, and what the Senator believes the Democrats have up their sleeves to attack conservative talk radio.Also on the docket was an update on the potential for a carbon cap-and-trade scheme to be enacted by this Congress, and what Republicans are going to do to…

In February, in the build up to the ultimate passage of President Barack Obama's $787-billion stimulus package, there was a lot of discussion about how much the stimulus was going to help the ailing economy. And to promote the bill, Obama visited a Caterpillar plant in Peoria, Ill. Rep. Aaron Schock, R-Ill., who represents the 18th Congressional District of Illinois, where the Caterpillar plant…

Although an admitted Barack Obama supporter during last year's campaign, CNBC's Jim Cramer has certainly changed his view concerning our 44th president.On Tuesday's "Today" show, the outspoken "Mad Money" host said: we have "an agenda in this country now that I would regard as being a radical agenda";  Obama's just announced budget "put a level of fear in this country that I have not seen ever in…

Perhaps it is time to award the New York Times house conservative, David Brooks, a kewpie doll for having at long last a very brief moment of mental clarity. Brooks, who has been making a habit lately of bashing conservative Republicans such as Sarah Palin, emerged ever so slightly from his comfortable conventional wisdom cocoon, and discovered that (gasp) "Barack Obama is not who we thought he…

CNN personalities Jack Cafferty and David Gergen continued the chorus of praise for President Obama on Wednesday evening for his first address to a joint session of Congress, twenty-four hours after he had given it. During his regular “Question of the Hour” segment on The Situation Room, Cafferty gushed that the Democrat “had that place in the palm of his hand for the entire time he was in that…

At the top of Thursday’s CBS Early Show, co-host Harry Smith declared: "Tax the rich. New details on how President Obama plans to pay for his $3 trillion budget." Later, correspondent Bill Plante reported on Obama’s proposed budget in a matter-of-fact way with little skepticism: "It spends almost $4 trillion. That's trillion with a 'T.' And the deficit is $1.75 trillion because of spending on the…

Maybe it was just too easy to assume the worst of the news network most others in the press love to hate. Or perhaps it was deliberate.Whatever the reason, the Agence France-Presse (AFP) wire service's Wednesday story about reaction to Barack Obama's sort-of State of the Union Speech the previous evening spent four of its last five paragraphs pinning a report harshly critical of various claims in…

Advantage Rick Santelli -- and Larry Kudlow. CNBC reporter Santelli's Thursday morning "Shout Heard Round the World" (CNBC's term) objecting to the Obama administration's mortgage modification program on the floor of the Chicago Mercantile Exchange quickly went viral, and struck two nerves. First, it ignited a groundswell of support from the over 90% of the of the nation that pays its bills and…

The Minneapolis Star Tribune is often called the "Red Star" Tribune by residents of Minneapolis for its long-time, virulently left-wing outlook. Many has been the time when the editorial board of the Star Trib has carried water for political candidates shilling for big labor. The STrib endorsed Obama for president for his supposed fiscal responsibility as well as his focus on the working classes…

Wow. Rick Santelli of CNBC (picture at right is from his bio page) let the elitists running what is turning into a planned economy in Washington have it today with a rant for the ages.The direct CNBC link is here, while a YouTube is here. Allah at Hot Air has an embed. What's really revolting about this is the studio reaction. While it's maybe half-kidding at times, the fact that strong…

ABC's World News on Tuesday night celebrated President Obama's signature on the 'stimulus' package by devoting a full story to how mayors will supposedly use their portion to create 1.6 million jobs. Fill-in anchor Diane Sawyer recited “the wish list” of “nearly 19,000 infrastructure projects -- roads, bridges, mass transit -- costing some $150 billion” and “the mayors argue that the projects are…