Economy

In a panel discussion on today's Now with Alex Wagner about what "moral authority," if any, that the Occupy Wall Street movement has, MSNBC contributor Melissa Harris-Perry sought to defuse fellow panelist Meghan McCain's complaint that Occupy Wall Street has hurt the very folks it claims to represent by killing jobs at businesses nearby Zuccotti Park. "If a Tea Party rally had shut down a…

CNN's Carol Costello borrowed from the Democrats on Monday's American Morning and demanded that conservative Grover Norquist explain why he wasn't "exactly what a lot of voters hate" about America's political system. From the start of her interview with Norquist, the president of Americans for Tax Reform, Costello bludgeoned him with Democratic talking points. Democrats had attacked Norquist…

The congressional supercommittee tasked with finding ways to reduce the federal deficit is looking like they will admit defeat sometime today. The failure of the supercommittee will create and end of the year battle over jobless benefits and an expiring payroll tax, among other programs set to expire at the end of December. Democrats on the committee are seeking to extend jobless benefits,…

Shades of "Special Comment"!  In a rant worthy of Keith Olbermann at the height of his Miss Precious Perfect histrionics, Mika Brezinski began today's Morning Joe by tearing into Newt Gingrich for his recent suggestion that Occupy protestors should "get a job, right after you take a bath." It wasn't merely Mika's words: "arrogant, disgusting, sickened."  So strongly ran Brzezinski's rage…

Serious question: who do you think the liberal media loathes more: Mahmoud Ahmadinejad or Grover Norquist?  I'm going with 'b.' After all, Mahmoud merely wants to build an atom bomb and wipe Israel off the map, for starters. But Grover Norquist wants to keep taxes from increasing and thereby limit the growth of government. In a 60 Minutes hit piece tonight, CBS correspondent Steve Kroft…

The dictionary definition of "stimulate" relevant to a nation's economy is "to rouse to action or effort." We still have journalists who gullibly relay the notion that extending unemployment benefits and increasing entitlement programs will "rouse" the economy "to action of effort," despite almost three years of evidence that such is not the case. One of them is Andrew Taylor, a writer for…

In their deeply deceptive Friday morning story ("Deep spending cuts pose a new threat to US economy") about how the bicameral bipartisan supercommittee is supposedly going to hurt the economy with whatever results from its handiwork, Christopher Rugaber and Daniel Wagner of the Associated Press, aka The Administration's Press, "somehow" forgot to include one "little" detail, and deferred…

Charles Krauthammer justifiably lost his patience with his fellow panelists on PBS's Inside Washington Friday evening. No matter how many times he explained that Republicans last week proposed a revenue increase that Democrats refused, PBS's Mark Shields and NPR's Nina Totenberg couldn't seem to grasp this simple concept leading Krauthammer to ask, "What planet are you guys living on...I’ve…

According to CBS News, "the number of people in the U.S. living in poverty in 2010 rose for the fourth year in a row, representing the largest number of Americans in poverty in the 52 years since such estimates have been published by the U.S. Census Bureau." MSNBC said, "The U.S. poverty rate remains among the highest in the developed world." Let's look at a few poverty facts. Heritage…

On Friday, CBS's Early Show was the only Big Three morning show to cover Energy Secretary Steven Chu's testimony before a congressional hearing on the $528 million loan to the bankrupt solar panel company Solyndra. NBC previewed the hearing on Thursday's Today show, but avoided it the following morning. ABC's GMA completely ignored it both days. Fill-in news anchor Betty Nguyen gave a 44-…

CNN's Piers Morgan agreed with President Obama's statement that Americans have "been a little bit lazy" in getting foreign investors to come to America, and fellow prime-time host Erin Burnett downplayed the significance of the line on Thursday. Morgan's take on the quote was that "America has gone a bit soft on its production line," and he vouched for it. Burnett, on the other hand, said…

For a guy Al Sharpton introduced as a "warrior for the 99%," Alan Grayson's got a weird way of showing it.   One of the richest members of Congress--till his constituents showed him the door in 2010--on Sharpton's MSNBC show this evening liberal Dem Grayson twice described the 99% as "sheep."  Video after the jump.

CBS's Chris Wragge spotlighted a millionaire's bid to raise taxes on the rich on Thursday's Early Show, all the while omitting that his guest is a big money donor to liberal candidates like Al Franken and to Moveon.org. Wragge didn't bring on any opponents of higher taxes, nor did he play sound bites from them. Instead, he played three clips from proponents, including former Clinton aide Robert…

ABC's World News on Wednesday and Good Morning America on Thursday both reported on the revelation that Newt Gingrich received almost $2 million while consulting for Freddie Mac over an eight year span. Yet, the network ignored the fact that the company (with a Democratic President) is still giving massive bonuses and will now be asking the federal government for an additional $6 billion. On…