Michael Moore: No Obama Didn't Save Detroit
For several years the left and their media minions have claimed that by bailing out Chrysler and General Motors, President Obama saved Detroit.
On Friday, the perilously liberal schlockumentarian Michael Moore debunked this in an article at the Huffington Post astonishingly saying, "No, he didn't."
7 Million Americans Not In Labor Force Want Jobs Now
The Labor Department released its highly anticipated jobs report for August Friday, and the numbers were lousy.
Although the unemployment rate dropped to 8.1 percent, that's because another 368,000 Americans dropped out of the labor force.
Despite Convention Distractions, It’s Still All About the Economy
Mercifully, the political conventions have ended.
The political press will keep buzzing over whether Clint Eastwood's unconventional speech helped or hurt Mitt Romney and whether the snafu over Israel and God in the Democratic platform will do any lasting damage to President Obama. Republican reporters will think former President Clinton talked too long, and Democrats will note that New…
Ex-Newsweek's Fineman Sees Obama's Claim It is 'Unpatriotic' to Critic
During the midnight hour of MSNBC's Thursday night Democratic National Convention coverage, MSNBC analyst Howard Fineman -- formerly of Newsweek -- declared that it was "brilliant" for President Obama to suggest that Republicans are being "unpatriotic" in trying to make an issue of the economy's poor performance during his time in office.
Shortly past midnight, Fineman asserted:
As Dems Convene, Food Stamp Rolls Hit Record Level -- And It's a Story
Completing a two-month full reversal of a tiny decline which began earlier in the year, the USDA reported on Friday that participation in the Food Stamp program, which the government wants everyone to call SNAP (Supplemental Nutrition Assistance Program), reached an all-time record high in June. The program's had 46.67 million participants that month, eclipsing the previous record of 46.51…
PolitiFact 'Beclowns Itself' in 'Half-True' Evaluation of Walker's Fac
I really can't do much with this one beyond relaying the absurd particulars involved in PolitiFact's incredible conclusion that Wisconsin Governor Scott Walker made a statement which was only "Half True" about unemployment in the various states in his speech last week at the Republican National Convention.
On August 17, the government's Bureau of Labor Statistics opened its monthly Regional…
Walter Williams Column: How Government Regulation Is a Barrier to Upwa
Let's pretend that we have the political guts to expand economic opportunities for people at the lower end of the economic spectrum. What vested interests should be attacked, and what economic regulations should be targeted for elimination?
It doesn't take a lot of money to become a taxi owner-operator and earn more than $40,000 a year. One needs a car, an insurance policy and ancillary…
Anti-Catholic Media Claim Paul Ryan is Not Catholic Enough
Republican vice presidential nominee Paul Ryan is a Catholic – but not a good enough Catholic in the eyes of the media. Writers, bloggers, and talking heads have hammered Ryan for his supposed “dissent” from Catholic teaching.
Journalists have falsely claimed that the bishops “rebuked” Ryan and called his budget “un-Christian.” Writers who usually scorn the Church and its hierarchy fretted…
Unions and University Endowments Have Invested Billions With Bain Capi
In his weekend syndicated column, Deroy Murdock unearthed and relayed information the establishment press hasn't told the nation about how certain public-sector pension funds and university endowments have chosen to invest money entrusted to them in Bain Capital. Yes, Bain Capital.
Until three weeks ago, it would have been somewhat understandable if the business press didn't expect to find a…
Huffington Post Shocker: LBJ's 'Critical Tax Cut' Ushered in 'Era of H
The left and their media minions routinely claim that tax cuts don't help the economy.
Yet on Sunday, Huffington Post Washington bureau chief Ryan Grim and the Post's political editor as well as White House correspondent Sam Stein - avowed liberals both - shockingly let the cat out of the bag in piece called "Barack Obama Promised A New Kind Of Politics, But Played The Same Old Game" (…
Bernanke Claims Two Rounds of QE Created 2 Million Jobs; That Would Me
In his Jackson Hole, Wyoming presentation today, Federal Reserve Chairman Ben Bernanke, as reported by Paul Wiseman at the Associated Press, made the following claim in connection with the Fed's programs of "quantitative easing" (QE): "Bernanke argued Friday that collectively, such measures have succeeded. He cited research showing that two rounds of QE (quantitative easing) had created 2…
NBC Plays Up Stimulus Funding of DC Reflecting Pool Renovation
On Friday's NBC Nightly News, Brian Williams touted the stimulus spending that went to renovating the reflecting pool between the Washington Monument and the Lincoln Memorial in Washington, DC: "Tourists in Washington this holiday weekend will find water in the Lincoln Memorial reflecting pool for the first time in two years. It was actually stimulus funding that paid for the major renovation…
To the 'Fact-Checkers': This Is What Lies About Auto Plant Closings Lo
This afternoon, NB's Kyle Drennen did a great job of runnng down the pathetic contention by establishment press "fact-checkers" that vice-presidential candidate Paul Ryan somehow lied or misled viewers during his speech Wednesday night concerning the closure of the General Motors plant in Janesville, Wisconsin and what presidential candidate Barack Obama said at the plant in 2008.
No, WaPo, …
PolitiFact Repeals the Laws of Supply and Demand
If you restrict the supply of something, the price will go up. It’s one of the laws of supply and demand. Thus, cap-and-trade energy rationing schemes drive the price of energy up, by capping the supply. President Obama has conceded that in his unguarded moments. In a January 17, 2008 interview with the San Francisco Chronicle, Obama said that “electricity rates would necessarily skyrocket…
