Economy

Congresswoman Maxine Waters (D-Calif.) this week made another in a series of absurd comments actually claiming that 170 million people would lose their jobs if the budget sequester was enacted. NBC Tonight Show host Jay Leno actually began his show with Waters’ claim Friday saying that it explains "why we’re in this situation in the first place" (video follows with transcribed highlights and…

Syndicated columnist Charles Krauthammer on Friday perfectly encapsulated the hysteria the White House is trying to gin up regarding budget sequestration. Appearing on PBS's Inside Washington, Krauthammer spoke of Biblical plagues that re-appeared Friday telling host Gordon Peterson, "We have sequestered against the Lord, Gordo, and his wrath is great" (video follows with transcript and…

  On CNN’s Situation Room today, anchor Wolf Blitzer spoke of the 1995-1996 Federal government shutdown: BLITZER: Yes, I would be shocked if there were a government shutdown. The Republicans lived through that back in the '90s and it didn't exactly work out well for them. I would be shocked if they went down that road and the president went down that road right now. I'm sure they will work that…

Bob Woodward is a legend in modern journalism, especially for fellow liberal reporters. But that all is for naught now that Woodward has committed the cardinal sin of criticizing the White House for an operative's use of what apparently is a fairly common tactic: a harsh bullying of the press in order to demand even more favorable coverage than the Obama-friendly press already lavishes on Team…

Conceivably the best line uttered by a member of the media this week concerning the sequester debate came from Fox News's Neil Cavuto Friday In a Your World discussion about the budget deliberations with Congressman Charlie Rangel (D-N.Y.), Cavuto marvelously said, "It seems that your Party lies a lot."

CNN's White House correspondent asked President Obama on Friday why he couldn't just force Congress to stick around until a deal is reached to prevent the sequester cuts. Obama responded that he wasn't a "dictator." "To your question 'what could you do?' First of all, couldn't you just have them down here and refuse to let them leave the room until you have a deal?" CNN's Jessica Yellin teed…

It’s certainly clear to Jay Leno that the Obama administration is fearmongering the budget sequester. On NBC’s Tonight Show Thursday, Leno played a mock White House ad claiming among other things that if sequestration occurs, “Girl Scouts will be forced to sell meth" (video follows with transcript and commentary):

With the sequester looming, the impending budget cuts have got the left screaming the end of the world is just around the corner. In a blog published on Feb. 27, co-founder, CEO, and Editor-in-Chief Henry Blodget predicted that our economy was “crappy” because of cutting back government spending. He also posed that this was the problem with European countries like Greece and England. The…

"We have two kinds of people in Washington in the press, we have the reporters and the repeaters," NewsBusters senior editor Tim Graham told Fox News's Neil Cavuto on Thursday's edition of his Your World program. "We've had the repeaters all week of panic, you know, big scoops of sequester panic ripple" from the media who were busy parroting fallacious Obama administration talking points. […

David Axelrod has written Gene Sperling off as a political lightweight lacking the tonnage to have intimidated Bob Woodward in their dust-up over the sequester.  Appearing on today's Morning Joe, Axelrod sarcastically asked "what is Gene Sperling going to do to Bob Woodward?  Bob Woodward, who faced down H.R. Haldeman as a young man, feels intimidated by Gene Sperling?"  You really have to…

Thursday's CBS This Morning stood out as the only Big Three network morning newscast to zero in on Education Secretary Arne Duncan's false assertion about the sequester – that "there are, literally, teachers now who are getting pink slips; who are getting notices they can't come back this fall". Correspondent Bill Plante noted that "Duncan conceded he knew of only one county nationwide where…

Hold the presses! The far-left blog Daily Kos is insisting that liberal reporter Bob Woodard, in doing his job as a journalist, has gone “full Breitbart” with his coverage of sequestration. Just a few short years ago, the Kossacks loved when reporters "spoke truth to power" in confronting Republicans in the White House. But now that Woodward has gone on record saying that he received…

How do you go from being a gutsy hero of the MSM to a wuss in one minute? Take on a Democrat president instead of a Republican.  Using her most sarcastic scared-little-child voice, on today's Morning Joe Mika Brzezinski mocked Bob Woodward for saying the White House threatened him over his reporting on the sequester. Mocked Mika:  "is he really afraid of a little aide who said that to him?…

On Saturday, Washington Post reporters Lori Montgomery and Paul Kane fretted, with the help of several leftists they quoted, that sequestration might not cause enough pain. Given that the so-called "cuts" under discussion are really "reductions in projected spending growth," that is a legitimate fear if your perspective is that government shouldn't ever shrink under any circumstances. Rush…