Economy

“No more tax revenue! None. NONE.” That was not the cry of a dyed-in-the-wool conservative politician. Rather it was Jim Cramer, CNBC’s own host of “Mad Money,” speaking to the upcoming fight in Washington over the debt ceiling. [See video after the jump]

If you are reading this blog post, you are in a minority of your fellow citizens in several ways. Firstly, you actually care about politics. Most Americans do not. Secondly, you care enough about being informed about political issues that you actually are interested in going out of your way to read up on conservative positions. Thirdly, if you are a conservative reading NewsBusters, you are…

It didn't take long for new Senator Ted Cruz (R-Tex.) to get lectured by liberal CNN. After Cruz told anchor Wolf Blitzer that he opposed the fiscal cliff deal, Blitzer reproved him and told him to "deal with reality." "[Y]ou're in the minority in the United States Senate. You've got to deal with reality. You can't just be -- you can't just be overly idealistic on those issues," said Blitzer,…

Over 13 months ago, the NBC, CBS and ABC newscasts touted Barack Obama as a tough talker who wouldn't back down on threatened spending cuts. Now, that he's backed down, the same networks have ignored the President's retreat. On November 21, 2011, Obama thundered, "My message to [Congress] is simple: No. I will veto any effort to get rid of those automatic spending cuts to domestic and defense…

In a late Wednesday column at the Politico, the online website's Steven Sloan wrote that Democrats might be done hiking tax rates, specifically "that they’ve exhausted their ability to raise taxes on the richest Americans by jacking up their rates." But it's clear in later segments of his write-up that Democrats still want to go after "loopholes" and deductions, meaning that they still want to…

The perilously liberal New York Times columnist Paul Krugman is not pleased with the President's handling of the fiscal cliff negotiations. So angered is the Nobel laureate that he wrote at his blog Wednesday, "[If Obama doesn't] finally stand up for his side...nobody will ever trust him again, and he will go down in history as the wimp who threw it all away."

On Wednesday's CBS This Morning, Nancy Cordes trumpeted the passage of Senate Democrats' temporary fiscal cliff fix by the House as a "big bipartisan victory", immediately after pointing out that "the votes were about two-to-one Democratic in favor of the bill." Cordes also hyped how the bill is "a milestone, finally settling a decade-long debate over the Bush-era tax cuts," despite the fact…

This is the eighth year I have done shopping and layoff-related searches on how often the words "Christmas" and "holiday" are used. As has been the case since the enterprise began in 2005, news reports are far more likely to refer to the commercial time frame between Thanksgiving and Christmas as the "holiday shopping season." Meanwhile, compared to shopping references, news reports are…

During the past two years, Republican governors and lawmakers in Wisconsin, Ohio, Indiana and Michigan have been the targets of a great deal of negative attention from the establishment press, particularly on TV, as a result of taking necessary actions to get their states' fiscal houses in order and to become more economically competitive. Meanwhile, the Midwest's largest and Democrat-dominated…

New York Times columnist David Brooks made an astonishing observation about President Obama on NBC's Meet the Press Sunday. "Sometimes he governs like a visitor from a morally superior civilization" (video follows with transcript and commentary):

Former Newsweek editor Evan Thomas made a bizarre statement on PBS's Inside Washington Friday. "Unexplored story of the year: white men dropping out - dropping out of the workforce, dropping out of elections, just plain dropping out, getting social security, not doing anything, going hunting, fishing, just not in the game" (video follows with transcript and commentary, file photo):

With four days until the "fiscal cliff," CBS This Morning peppered its report on the Congressional negotiations with four Democratic sound bites compared to just one from Republicans. Chief White House correspondent Major Garrett quoted Senate Majority Leader Harry Reid (D-Nev.) three times and simply relayed his smear of Rep. John Boehner's Speakership as a "dictatorship." Both ABC and NBC…

Here’s something I bet you thought you’d never see at the perilously liberal Huffington Post. In a Dean Baker article published Tuesday with the astonishing title “There Is No Santa Claus and Bill Clinton Was Not an Economic Savior,” the second sentence read, “Just as little kids have to come to grips with the fact that there is no Santa Claus, it is necessary for millions of liberals,…

A post-Black Friday weekend dispatch at the Associated Press on November 26 reported that "The holiday shopping season got off to a strong start on Black Friday, with retail sales up 7 percent over last year, according to one survey. Now stores just have to keep buyers coming back without the promise of door-buster savings." It turns out that the originally reported number was far too rosy.…