Economy

Former Secretary of Defense and CEO, Donald Rumsfeld has a brand new book focused on business, politics and more. In “Rumsfeld’s Rules: Leadership Lessons in Business, Politics, War, and Life,” released on May 14, Rumsfeld expounded on capitalism, and why we need more people to defend it in our society. “I suppose if more business leaders defended capitalism, there might not be quite as many…

Former Republican presidential nominee Mitt Romney was Jay Leno’s guest on the Tonight Show Friday, and he didn’t have kind things to say about the current White House resident or former Secretary of State Hillary Clinton. At one point in their discussion, Romney said, "I'm not a fan of the president - in case you didn't know that."

Nothing says justice like a violent massacre of Wall Street bankers! At least, that’s what Stuart Heritage, of the UK’s left-wing newspaper “The Guardian” thinks. In his May 14 article titled “Assault on Wall Street trailer: bankers get what’s coming, Uwe Boll style” Heritage justified the rampage before the reader even started on his article. “The global financial crisis has been responsible…

Call it Luke Russert's version of "bitter clingers" on steroids . . . In Russert's world, there are apparently two kinds of Republican congressmen.  The "smart" ones—to be found on the Ways & Means Committee—and the others, whom he calls the "God, guns and guts people," presumably in reference to this book. Russert made his statement on today's Morning Joe, responding to Joe…

“President Obama has called for creation of a government wide strategy ‘to address any gender pay gap in the Federal workforce.'" Eric Yoder of the Washington Post noted in a May 14 article. That's all well and good, but nowhere in Yoder's story did he consider that there's a pay disparity problem in the White House and in Senate Democratic offices, according to investigations by the Washington…

What will be the political fallout of the various scandals in which President Obama is ensnared?  Chris Matthews thinks it will be huge. Appearing on today's Morning Joe, Matthews mused that the IRS scandal alone would be worth 5-10 points to Republican candidates. He specifically mentioned Mitch McConnell, Tom Corbett and Ken Cuccinelli as Republicans whom the scandal would aid in their…

Et tu, Roberto?  It was bad enough for President Obama to have Andrea Mitchell jump ship this morning. But now someone who is—arguably—even closer to home has taken a resounding shot at the President's mishandling of the IRS scandal. Appearing on Mitchell's MSNBC show this afternoon, former Obama press secretary Robert Gibbs condemned the president's "exceedingly passive" language in…

MSNBC is well-known for excusing the failures of President Obama, usually by blaming Republican “obstructionism” for Obama’s faltering agenda. If that doesn’t work, they will pretend that the Obama administration is free from guilt regarding any criticism it may receive, essentially living in denial. Take the Monday May 13 edition of Now w/ Alex Wagner when Time magazine assistant managing…

It says something about the seriousness of the rest of the news during the past several days when a story about unethical spying by reporters working for a company founded and built by the current mayor of New York City barely makes a ripple. It has been alleged, and now admitted, that Bloomberg reporters monitored terminal login activity to develop stories about possible Wall Street…

When it comes to investigative reporters, how do you change a bulldog into a lapdog? Easy: change the occupant of the Oval Office from a Republican into a Democrat. Witness Carl Bernstein's pitiful performance on today's Morning Joe.  The man who teamed with Bob Woodward to bring down Richard Nixon now credulously claims that he "can't imagine" that President Obama is possibly involved in…

Chris Hayes is what passes for a progressive intellectual at MSNBC. Which makes his simple-minded and manifestly mistaken proposal that much more maddening. Making a peek-a-boo video-clip appearance on today's Melissa Harris-Perry's show, which focused on finding solutions to poverty in America, Hayes was seen holding up a hand-written sign with his solution, reading "Giving people money: It…

New day and time, same old liberal slop.  Ed Schultz returned to MSNBC yesterday in his new, relegated-to-the-ratings-desert slot of weekend afternoons.   One of the topics was the targeting by the IRS of conservative organizations seeking tax-exempt status.  Predictably, Schultz & Co. did all they could to sweep the scandal under the carpet.  Schultz suggested the IRS had nothing to…

Bill Maher is one extremely confused person. Having two months ago said that his high taxes were leading him to consider dumping liberalism, HBO's Real Time host said Friday, "If you’re rich you should be begging the government to redistribute your wealth" (video follows with transcript and commentary):