Liberal Economist Takes On Krugman: Federal Reserve Averted Depression
While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs.
In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that…
AP’s Crutsinger: Employers Are on a ‘Hiring Spree,’ and Job Mark
At the Associated Press, aka the Administration's Press, Martin Crutsinger's treatment of the February employment report released on Friday was pretty much the slavering soliloquy one would have expected.
Crutsinger described the past four months as a "hiring spree," and the job market as "accelerating." Even sticking with the seasonally adjusted figures, that doesn't stand up well, given…
This Week's PBS Quiz: Does David Brooks Read the News
Does David Brooks read the news? I’m sure he does, but with the liberal media failing to report on the spike in gas prices – it’s no surprise that this New York Times Republican thinks the price of oil has gone down...instead of the "worst February on record."
On the PBS Newshour last night, Ruth Marcus filled in for Mark Shields, and said that the new jobs numbers are a positive development…
CBO: Feb. Deficit Will Be Over $200 Billion; Year-to-Date Spending Up
With all the talk of sequstration and its supposed "austerity on autopilot" (as characterized at Voice of America -- your tax dollars at work against you), it's useful to look at what has really been happening with federal spending over the past six years, something the establishment press is very reluctant to do.
On Thursday, the Congressional Budget Office released its February Monthly…
Cal Thomas Column | Sequesterville: We've Heard This Song and Dance Be
The Broadway musical "Annie" is enjoying another revival on Broadway. The show opened during the Carter administration when America was in need of some optimism. "The sun'll come out tomorrow," sang Annie, and with the election of Ronald Reagan in 1980, for a while, it did.
Now we're back in "Hooverville," the name given to shanty towns that popped up during the Great Depression. It isn't…
Bozell: Media Waved Pom-Poms for Obama on Sequester, Now 'Sad' That Do
The liberal media should have reported President Obama's Chicken Little sky-is-falling claims about the sequester, but "with clear skepticism" instead of mindlessly parroting them, NewsBusters publisher Brent Bozell told Fox News's Sean Hannity on the March 7 edition of his eponymous program. "They should have gone to the American people and in effect said, this man is lying," but instead, "…
Fox News Hosts Hannity and Bolling Offer to Pay for White House Tours
UPDATE AT END OF POST: Hannity and Bolling issue comment.
The Obama administration announced Tuesday that it's canceling public tours of the White House beginning this weekend due to budget sequestration.
On Thursday, Fox News hosts Eric Bolling and Sean Hannity each offered to pay for one week's worth of tours to keep the White House open to the public.
MSNBC’s ‘Tweet Of The Day’ Highlights Politico’s Thrush Making
A daily feature on MSNBC’s Jansing & Co. is the ‘tweet of the day’ in which host Chris Jansing showcases a tweet from a politician or a member of the media that is topical to a major news event. Most of Jansing’s featured tweets are from liberal journalists, and on March 7, things weren’t much different.
Following coverage of Senator Rand Paul’s (R-Ky.) 13-hour filibuster over the…
Video: Noyes, Varney Discuss Media's Hype of Sequester, Befuddlement T
In the fortnight leading up to the sequester, the broadcast networks ABC, CBS, and NBC wrung their hands about "all the catastrophes that would happen if these cuts went through," NewsBusters senior editor Rich Noyes noted on the March 7 edition of Fox Business Network's Varney & Co. Since, then, however, "they've spent no time asking how is the White House going to decide where these cuts…
PBS’s Tavis Smiley Attacks Sequester as ‘Austerity
Liberal PBS host Tavis Smiley recently became the latest media member to refer to the $85 billion sequester as “austerity.” On his self-titled show Tuesday night, the taxpayer-subsidized Smiley got all frowny while discussing the American economy with former FDIC chairwoman Sheila Bair:
"Since you raised the issue, let me ask how it is, in your mind at least, the notion of austerity, and…
WaPo Fact-Checker Twice Calls Out Obama Over Non-existent Sequester-Re
President Obama's sequester-related press briefing on March 1 contained the usual fibs. Examples include but are certainly not limited to the following: "We've already cut $2.5 trillion in our deficit," when the entire amount involved is something which might happen in the future; his claim that his State of the Union laundry list "is the agenda that the American people voted for," when many of…
AP Sanitizes Joseph Kennedy II's Quote on Chavez's Death, Avoids Notin
CNN, which if I recall correctly severed formal ties with the Associated Press some time ago, quoted former congressman Joseph Kennedy II's reaction to the death of Venezuela's authoritarian leader Hugo Chavez as follows: "President Chavez cared deeply about the poor of Venezuela and other nations around the world and their abject lack of even basic necessities, while some of the wealthiest…
New York Times Ignores Report of Record Homelessness in NYC
The Coalition for the Homeless released a report Tuesday finding a record number of people living in homeless shelters in New York City.
For some reason, the New York Times chose not to report it.
MSNBC: Stocks Didn't Really Hit An All-Time High Today
The Dow Jones Industrial Average hit an all-time high on Tuesday.
But you wouldn't know that if you watched MSNBC's Hardball where two guests actually made the case that this really isn't an all-time high due to inflation (video follows with transcribed highlights and commentary):