Economy

I guess what follows shouldn't be a total surprise, given that the Obama administration was perfectly comfortable ruining hundreds of thousands of perfectly good cars during the Cash For Clunkers program in 2009. The video which follows from CBS News in San Francisco last Thursday (full transcript here) tells viewers what is happening to valuable parts at the main manufacturing plant of the…

On Tuesday's CBS This Morning, Erica Hill played up the "overwhelming majority" that apparently support raising taxes on the rich, and urged Rep. Paul Ryan to consider supporting such a tax hike: "68% of people support raising...taxes on incomes of $250,000 and higher. Is that something that you could, perhaps, at least have a conversation about?" [audio available here; video below the jump…

By many measures, Barack Obama has left the State of the Union in tatters, but the liberal media, led by the highly rated Big Three network (ABC, CBS, NBC) news shows, have attempted to cover up those holes in the Union by mostly ignoring the Obama administration’s greatest failings. From record numbers of people on food stamps, to the administration’s support of failed energy companies while…

Two examples of poor press handling of what initially appeared to be fairly good news about initial unemployment claims last Thursday got lost in the pre-South Carolina primary hubbub. The first and most obvious was in the writeup presented by the Associated Press's Chris Rugaber. In his fourth paragraph, he raised the threshold below which a consistent level of weekly claims might be…

In their attempt to demonize Republican presidential candidate Mitt Romney, the Obama-loving media have been misinforming Americans that venture capitalists are robber barons and corporate raiders preying on failing companies to suck every penny out of them with total disregard for employees. What these ignorant and/or dishonest members of the press are hiding from the electorate is that…

In a delicious example of irony, NPR’s Nina Totenberg on Friday falsely claimed that there were more people on food stamps under George W. Bush than are using the food assistance program today. This marvelously came seconds before she told the panel of PBS’s Inside Washington that “facts don’t matter” to Republican presidential candidate Newt Gingrich (video follows with transcript and…

When his tenure at the investment firm Bain Capital became an issue in the race for the Republican presidential nomination, Mitt Romney responded by saying he "was disappointed ... to see one of my opponents attacking free enterprise, just like the president was." It's understandable why Romney would want to see criticism of his resume as an attack on free enterprise. Seventy percent of…

Charlie Rose ripped a new liberal line of attack on Mitt Romney right out of the New York Times on Thursday's CBS This Morning, as he interviewed top Romney backer Chris Christie. Rose played up that Romney "seems to be dancing around the idea of what his wealth is. This is the New York Times today: 'Romney riches are being seen as new hurdle; complex web of assets is difficult to assess.'"…

In denouncing President Obama's rejection of the Keystone XL pipeline project today, the Washington Post gets it right, but not for the Right's (pun intended) reasons, defending the job-creating project from a liberal position. The Post editorial board argued today that approving the Keystone XL project "should've been an easy call for the administration." "We almost hope this was a political…

Well, isn't this rich? And I do mean rich. President Obama, man of the people, will deliver his presidential nomination acceptance speech at the Bank of America Stadium in Charlotte, N.C. — so that Democratic Party fundraisers can reward big donors with skyboxes and other lavish perks. As usual, the White House and its allies are trying to camouflage naked partisan money-grubbing in populist…

In 1998, we learned that Al and Tipper Gore made $353 in deductible charitable contributions against income of $198,000 the previous year. In the decade from 1998-2007, Joe and Jill Biden averaged $369 per year in such reported contributions. Bill and Hillary Clinton were infamous for taking charitable contributions for used underwear. The aforementioned facts are generally not known by…

The more one listens to Newsweek’s Andrew Sullivan, the more one has to conclude that he either knows absolutely nothing about the economy or he’s lying through his teeth. Appearing on CNN’s Anderson Cooper 360 Wednesday evening, Sullivan actually said tax “revenues currently are at 50 year lows” (video follows with transcribed highlights and commentary):

In an effort to once again run defense for Barack Obama, NBC's Today co-host Matt Lauer on Wednesday pushed New Jersey Governor Chris Christie to agree that the President's sustained effort to pit economic classes against one another is just a matter of fairness: "Talk to me about that word 'envy.' Because I asked Governor Romney about this last week as well....why is it envy as opposed to…

Yesterday MSNBC's Alex Wagner treated viewers of her noon Eastern Now program to a panel that featured Obama Super PAC staffer Bill Burton. Today the promotion of pro-Obama spin continued with Wagner herself attempting to help DNC chairwoman Rep. Debbie Wasserman Schultz spin the Obama/Clinton State Department's decision to scrap the Keystone XL pipeline project. "Is there a concern, though,…