Budget

A bogus report published by MarketWatch Tuesday claiming "under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s" has been all the rage at the White House and MSNBC. Conservative columnist Ann Coulter correctly observed Wednesday:

New York Times White House reporter Jackie Calmes on Saturday once again nodded along to the wisdom of the liberal priorities of the Obama administration and its supporters, this time as they're pushing the necessity of raising taxes: "As a Debt Battle Looms, Budget Veterans See No Option but to Raise Taxes." It depends on which "budget veterans" you talk to, of course, and Calmes only talked…

With less than six months to go before Election Day, the Obama-loving media's advocacy has passed shameful and is now approaching downright unimaginable. On Saturday, the Associated Press actually published a piece with the headline, "Is GOP Trying to Sabotage Economy to Hurt Obama?":

Although it may not surprise NewsBusters readers, it appears MSNBC's Ed Schultz doesn't pay any attention to what he says, what others on his network report, or what is covered by any mainstream media outlet. What else could be the explanation for Schultz claiming in an interview with Talking Points Memo that the most under-covered story in the country right now is wealthy people not paying…

New York Times columnist Paul Krugman on Sunday continued his campaign to get Barack Obama reelected by misinforming the public about the economy. Appearing on CNN's Fareed Zakaria GPS, the Nobel laureate falsely claimed Republican presidential candidate Mitt Romney wants to enact Greece's failed economic policies here in America (video follows with transcript and commentary):

The Sunday interview show hosts all reacted with disbelief toward House Speaker John Boehner’s pledge to demand spending cuts equal to the debt ceiling increase, with CBS’s Bob Schieffer the most derisive as he declared “it was a week when you couldn’t believe your ears” because, when Boehner said the same thing last year, “Congress tied itself in such a knot that America’s credit rating was…

"Sometimes you do wonder if [Republicans] are moles, Manchurian candidates for I don't know who, if their real job is to bring down America." So said New York Times columnist Paul Krugman on MSNBC's Martin Bashir show Friday (video follows with transcript and commentary):

I have a serious question for MSNBC's Chris Matthews: How many lies are you willing to tell on national television to get Barack Obama reelected? On Friday's Hardball, the host gave viewers a plethora of falsehoods and half-truths to giving us an idea of just how far he's prepared to go this election cycle to make sure the objection of his affection remains in the White House (video follows…

Here's a word which the Associated Press's Martin Crutsinger only used once in his coverage last Thursday of Uncle Sam's April 2012 Treasury Statement: "debt." And when he did, he was quoted someone about Europe's situation. To his credit, the AP reporter wasn't particularly impressed with the fact that the government was able to run a single-month surplus of $59 billion in April. To his…

Here we go again. The State of California's budget is again in crisis, facing a budget deficit of $16 billion, which is $6.8 billion higher than projected mere months ago. Governor Jerry Brown is browbeating residents to pass tax initiatives in November which include "a quarter-cent increase in the state sales tax for four years and a seven-year hike on incomes of $250,000 or more that will…

CNN's Fareed Zakaria asked a question this weekend guaranteed to raise some eyebrows not only on both sides of the aisle but also on both sides of the Atlantic. On the program bearing his name, Zakaria amazingly asked Sunday if the economic problems in Europe are caused by democracy and not austerity (video follows with transcript and commentary):

Martin Bashir -- he who slammed Ann Romney as "two-faced," gratuitously ripped fellow Christian Rick Santorum by comparing him to Stalin, and cravenly suggested Santorum's less of a genuine Christian than Barack Obama  judged by the amount of money the men gave to charity respectively -- mounted his moral high horse yet again to thunder hellfire and brimstone upon a conservative Republican.…

In one of a virtually endless stream of such examples, a Monday Associated Press report by Elaine Ganley and Greg Keller on challenges facing newly elected French Prime Minister, Socialist Francois Hollande, described him as "the leftist who has pledged to buck Europe's austerity trend." What a deceptive joke. Europe's attempt at "austerity" can't be a "trend," because it hasn't even started…

Last August, Politico revealed that the Obama campaign intended to make Republican presidential candidate Mitt Romney "a sort of political Gordon Gekko" if he won the nomination. Right out of that playbook, MSNBC's Chris Matthews on Monday compared Romney to the financial villain of the '80s movie classic "Wall Street" (video follows with transcript and commentary):