Obama Tells 60 Minutes 'Damaging Behavior on Wall Street' Was Legal, W
There was an astonishingly revealing moment on Sunday's 60 Minutes when President Obama said, "Some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal."
For what should be obvious reasons, CBS's Steve Kroft didn't bother asking his guest who created, voted for or signed the pieces of legislation that allowed this "…
MSNBC's Hayes Nods As OWS 'Community Organizer' Defends Property Thef
No wonder President Obama adopted some of the language of the Occupy movement in his class-warfare speech this week. It's led by the likes of Alfredo Carrasquillo, a fellow "community organizer" with whom the president perhaps identifies. Carrasquillo specializes in breaking into foreclosed homes to dole them out to people—beginning with himself—to live in.
Chris Hayes gave Carrasquillo a…
NPR Skirts IDing Corzine as a Democrat; Readily Tags Republicans
NPR's Yuki Noguchi and Lynn Neary completely omitted Jon Corzine's Democratic affiliation on Thursday's All Things Considered, while mentioning practically every other prominent occupation he has held- Goldman Sachs CEO, senator, governor, even "multimillionaire." On the other hand, Noguchi gave the Republican party ID of two representatives who questioned Corzine at a recent hearing.
Neary…
Open Thread: Why Did Obama's Stimulus Fail
Despite a massively expensive 2009 stimulus program, high unemployment and a sluggish economy have been trademarks of the Obama administration. The goal of the stimulus was to create shovel-ready jobs, with, according to top Obama economic advisor Larry Summers, a "targeted," "temporary," and "timely" scope. As many predicted, the stimulus failed to produce the Keynesian results it promised.…
BMI's Top 10 Economic Myths of
Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. This year the media's myths were wide-ranging: from conspiracy theories about economic sabotage, to overpopulation panic and Occupy Wall Street's mantra "We are the 99 percent."
Here is our 2011 list:
Just Say No to Yet Another Obama Czar
Wrapping himself in the mantle of Theodore Roosevelt's "National Greatness" agenda, President Obama urged the nation to stand strong and unite behind ... his umpteenth regulatory czar. Nothing symbolizes American strength and vigor more than another unaccountable Washington bureaucrat.
If Richard Cordray, the stalled White House nominee to enforce the Dodd-Frank financial bureaucracy, is not…
Time Magazine Names Occupy Wall Street Protests Top U.S. News Story of
If you had to name the top U.S. news story of 2011, what would you say?
For the folks at Time magazine, the answer is the Occupy Wall Street protests:
Bipartisan Duo of Senators Oppose Obama's Call to Extent Payroll Tax C
"You know, the president's been calling for bipartisanship on Capitol Hill, I'm not sure that he meant for the two of you to get together and go up against his signature program," MSNBC's Andrea Mitchell complained at the conclusion of a chat with Sens. Joe Manchin (D-W.V.) and Mark Kirk (R-Ill.) on today's Andrea Mitchell Reports.
Mitchell had the senators on to discuss their opposition to…
NBC: Obama Casting Himself As 'Protector' of 'Middle Class Under Repub
On Tuesday's NBC Nightly News, chief White House correspondent Chuck Todd promoted the President's speech in Osawatomie, Kansas calling for an extension of payroll tax cuts as "the Obama version of prairie populism" and touted how the commander in chief, "cast himself and the Democratic Party as the protectors of a middle class under Republican assault."
Throughout the report, Todd…
Michael Moore: 'A Roof Over One's Head Is a Human Right
Did you know it was a human right to have a roof over your head?
So says schlockumentarian Occupy Wall Street supporter Michael Moore in an absolutely hysterical call to arms published at the Huffington Post Wednesday entitled "The Winter of Our Occupation":
Barnicle Complains To Carney: When Will Obama Stop 'Swinging At Air' A
Barack Obama's political tone has become progressively more partisan since his "no red states, no blue states just the United States" warm 'n fuzziness at the 2004 Dem convention. But President Obama's rhetoric is still not harsh enough to suit Mike Barnicle.
On Morning Joe today, the former Boston Globe columnist demanded to know of Obama press sec Jay Carney just when the president was…
Networks Cheer Obama 'Channeling Teddy' Roosevelt, Attacking 'Grinch-L
On Tuesday's CBS Early Show, White House correspondent Bill Plante hyped an upcoming speech by President Obama: "The President is going to Osawatomie, Kansas....where former President Teddy Roosevelt made a famous speech more than a century ago...it was a call for economic fairness, not unlike the President's own argument for taxing millionaires to extend the payroll tax cuts." [Audio available…
CNN: Dems Acting Like 'Conservative Republicans' In Payroll Tax Debate
In its Monday afternoon coverage of the Congressional battle over extending the payroll tax cut, CNN repeatedly emphasized a Democratic advantage and claimed that the Democrats are acting like "conservative Republicans." Political analyst Gloria Borger even gave the Democratic talking point that the party roles on tax cuts have been switched.
"You know, if you're a true believer, and you're a…
Ron Christie Talks to NewsBusters About MSNBC and Being a Black Conser
NewsBusters readers should be quite familiar with Ron Christie, the Republican strategist who loves to tangle with the liberal commentators on MSNBC.
Following his terrific encounter with Chris Matthews last week, NewsBusters spoke by phone with Christie about his experiences on the nation's most left-leaning cable news outlet as well as what it's like to be a black conservative in the year…
