Rasmussen Column: The Housing Market Is Depressing America
Just 49 percent of homeowners in America now believe their home is worth more than they paid for it.
Rasmussen Reports has asked that question for years, and it has never before fallen below the 50 percent mark. This represents a sea change in personal finances that challenges core assumptions about the way our economy works.
George Will Asks Donna Brazile 'If Obama Can Stop the Seas From Rising
ABC News contributor Donna Brazile on Sunday - like so many Obama-loving media members have in recent months - said, "The president can't control gas prices."
This led George Will to marvelously ask of his This Week co-panelist, "If he can stop the seas from rising, why can't he bring down gas prices?" (video follows with transcript and commentary):
AP: Obama's Chances Improve in Ohio and Mich. Because of Him; No Menti
It has become clear what the Obama campaign's strategy for trying to win states like Michigan and Ohio is and will continue to be. In three steps, it's as follows: 1) Pretend that the states' Republican governors, John Kasich in Ohio and Rick Snyder in Michigan, who both succeeded free-spending Democrats who presided over stagnant economies, have had nothing to do with their increased…
Olbermann: Traders Are Driving Up Gas Prices to Harm Obama
Disgraced former MSNBC and Current TV anchor Keith Olbermann suggested Sunday there's a conspiracy to drive up gas prices in order to harm President Obama.
Such was said on ABC's This Week in response to host George Stephanopoulos's question regarding the impact speculation has on what consumers pay at the pump (video follows with transcript and commentary):
Peggy Noonan Schools Olbermann: 'A Lot of People Think Businessmen Cre
The Wall Street Journal's Peggy Noonan appearing on ABC's This Week Sunday gave Keith Olbermann a much-needed education on what living in a capitalist country is all about.
When the disgraced former Countdown host said, "It’s a very large view right now that business has never been viewed less favorably in this country," Noonan scolded, "There is a lot of people who think businessmen create…
Martin Bashir Flat Out Lies While Saying Mitt Romney Is Going to Hell
Have the executives running MSNBC informed their employees that it's completely acceptable to lie on the air if it helps President Obama win reelection this November?
On Thursday, Martin Bashir flat out lied to make the case to his audience that Republican presidential candidate Mitt Romney is going to hell for supposedly lying when he says the current White House resident promised…
Senate Rejects 'Buffett Rule,' Despite Networks' Promotion of 'Tax Ref
The mainstream media rarely like the very rich, but billionaire Warren Buffett is the exception. The Berkshire Hathaway CEO remains unscathed, even adored by the liberal news media due to his liberal politics.
After all, it was Buffett who called for higher taxes on millionaires and billionaires. His call for increased taxes was unsurprisingly embraced by class-warfare loving Obama…
AP Headline, As Past Two Weeks' Initial Unemployment Claims Soar: 'Aid
UPDATE: The headline at AP's 9:37 a.m. report now reads "US unemployment claims signal slower hiring." That's nice, but it won't what was broadcast immediately after the report's release until news outlets become aware of the revision.
The games the Associated Press's Chris Rugaber and the wire service's headline writers are playing with the weekly unemployment claims from the Department of…
NYTimes Lead Story Sees Yet Another Victory for Occupy Wall Street, on
The left-wing Occupy Wall Street sit-in was kicked out of Zuccotti Park months ago, but the New York Times claimed to see its handprint in Wednesday's lead story, "Citigroup's Chief Rebuffed On Pay By Shareholders." Reporters Jessica Silver-Greenberg and Nelson Schwartz plugged the influence of the left-wing sit-in high up, in paragraph two:
CNN's Zakaria Supports Obama's Buffett Rule
CNN host Fareed Zakaria, who admitted last year that he held off-the-record conversations with President Obama even though he was covering the President's foreign policy, has now expressed his support for the Buffett Rule – legislation that Obama has pushed for in recent weeks.
Zakaria is reportedly on the short list of considerations for Obama's next Secretary of State if the President is…
CBS's Rose Hounds Boehner on Ryan Budget, Cites Bishops; Went Easy on
Charlie Rose did his best to forward liberals' talking points about Rep. Paul Ryan's budget proposal on Wednesday's CBS This Morning, during an interview of House Speaker John Boehner. Rose played up Mitt Romney's endorsement of the Ryan plan and how the former governor "talked about, perhaps, abolishing H.E.W. [sic]- I mean, HUD, as well as Department of Education."
The anchor even went so…
Walter E. Williams Column: Being a Good Economist and Being 'Compassio
It's difficult to be a good economist and simultaneously be perceived as compassionate. To be a good economist, one has to deal with reality. To appear compassionate, often one has to avoid unpleasant questions, use "caring" terminology and view reality as optional.
Affordable housing and health care costs are terms with considerable emotional appeal that politicians exploit but have…
Study Undermines Liberal Media's 'Inequality' Meme
Members of the “mainstream” press have worked hard to promote what President Barack Obama calls an “income-inequality crisis” based on studies claiming that the middle class is shrinking and got left behind in the greatest economic expansion in modern American history.
However, a new, more comprehensive investigation indicates that the earlier research isn't wrong, it's just “incredibly,…
AP's Kuhnhenn Gives No Space to Critics of Obama's Oil Speculation Plo
Yesterday at the Associated Press, aka the Administration's Press, the headline at reporter Jim Kuhnhenn's story on President Obama's latest excuse to add more bureaucrats to the government payroll ("Obama wants to target oil market manipulation") presupposed the existence of oil market manipulation when none has been proven. In 850 words, he didn't find any space for critics of the move, who…
