Economy

Ed Schultz was in seventh heaven, lionizing Elizabeth Warren [new first name 'Sheriff'] for the way she grilled financial regulators for failing to take big banks to trial. Just one teenie-weenie factoid Ed failed to mention: those two regulators he showed Warren scalding during his MSNBC show tonight were appointed by, yup, President Barack Obama.  View the video after the jump.

When a news story is too newsworthy to ignore but too embarrassing to the Obama administration to highlight, what's a liberal newspaper editor to do? Why, bury it, of course. That's what Washington Post editors did to Steven Mufson's February 14 story on an inspector general's report finding, surprise, surprise, that taxpayer monies on another Obama-hyped green energy project have gone to waste…

Sheila Jackson Lee (D-Tex.) looks mighty good for a woman who has to be at least 148 years old. My take on her age is based on a statement the Congresswoman made today while objecting to impending spending reductions relating to sequestration  in which she characterized herself as "a freed slave." Slavery as a legal institution ended in the U.S. in 1865 at the end of the Civil War. Here is…

Supposedly conservative New York Times columnist David Brooks exposed more of his liberal stripes on Tuesday, telling the Republican Party it needs to rethink its core message. Appearing on PBS’s post-State of the Union coverage, Brooks said he was disappointed with the response delivered by Sen. Marco Rubio (R-Fla.) because it delivered the typical message of traditional conservative…

Following President Obama’s call to raise the federal minimum wage to $9/hour in Tuesday's State of the Union address, MSNBC has been eagerly pushing the president’s new-found support for the hike. Speaking on February 14, host Thomas Roberts conducted a one-sided interview with liberal contributor Goldie Taylor on the supposed need to jack up the minimum wage.  As most of Roberts’ segments…

Kirsten Powers is definitely liberal, but not blind. Here's her take on President Obama's State of the Union speech last night as expressed in her Wednesday USA Today column, with an added bonus of a delicious potshot at the sycophantic press: "It was so hackish, so devoid of any theme or purpose, that it makes one wonder whether part of Obama just wants to see how bad he can be before his…

NewsBusters readers know that one of my guilty pleasures is exposing Bill Maher's lack of knowledge on subjects he pompously pounds the table about. On Tuesday evening, Maher gave me a doozy when he wrote on Facebook, "Wow, what a shameless liar this Marco Rubio guy is - Obama created more debt than Bush? Well, if you don't believe in science, why not math too?"

Last night in his State of the Union speech, President Barack Obama claimed: "Nothing I'm proposing tonight should increase our deficit by a single dime." Even considering the inclusion of "should" as a wiggle word, that's a laughable claim. Politico's Glenn Thrush is one among what will surely turn out to be a legion of pundits and reporters who will ignore Obama's deficit promise while…

Senator Marco Rubio (R-Fl.) gave the Republican response to the President's State of the Union address Tuesday, and not surprisingly, he came out swinging. Maybe his best comment was, "Mr. President, I don’t oppose your plans because I want to protect the rich. I oppose your plans because I want to protect my neighbors."

Charles Krauthammer had some harsh words for President Obama's message during Tuesday's State of the Union address. Moments after its completion, Krauthammer said on Fox News, "He says you can’t cut your way to prosperity. This speech is about spending your way to prosperity" (photo courtesy AP).

In all too predictable fashion, the Associated Press's Martin Crutsinger, in his first and perhaps only report (saved here for future reference, fair use and discussion purposes) on January's Monthly Treausry Statment which showed a small surplus, pulled out the old "Bush ran deficits too" bromide to minimize the historically outsized deficits the Obama has overseen. Crutsinger also…

The Washington Post's Greg Sargent on Tuesday seemed shocked that Joe Scarborough, who he paints as the voice of moderation, agrees more with Democrats on deficit issues than Republicans. On the subject of fiscal problems and the debt, the MSNBC host told Sargent, "I don’t expect to be cheering House Republicans anytime soon." The left-leaning Post writer asked if, on deficit issues,…

As the nation moves closer to the sequester, set to take effect on March 1, NBC is digging in its heels in opposition. On Saturday’s Today, the network ran a story that leaned heavily against the looming automatic spending cuts (surprise, surprise). NBC aimed right for the heart strings by featuring a Colorado high school counselor who had the following “message for Congress”: “At the time when…

NBC's Savannah Guthrie pressed White House senior adviser Valerie Jarrett on Tuesday's Today over President Obama's apparent inaction on many key issues. After reading an excerpt from the President's 2009 address to Congress, Guthrie wondered, "You know, Americans have heard these refrains over and over again. What can you guarantee to the American people that will turn these words into actual…