Economy

As NewsBusters reported Sunday, Senator John Kerry (D-Mass.) set off a liberal firestorm when he called Standard and Poor's U.S. credit rating change the "Tea Party Downgrade." On Monday's "Morning Joe," host Joe Scarborough told "terminally stupid ideologues" that "really don't understand" anything because they're "so dogmatic [they] can't think for [themselves]" to "stop using the Tea Party…

In recent years, America has become increasingly socialized through a welfare state with entitlements seen as rights, mostly paid for by the rich through the redistribution of wealth. Such a state is seemingly the goal of President Obama and fellow liberal Democrats, who relish in the ideas of a more European-style centralized government. Last week, many labeled the debt negotiations in…

If you've been watching the news media react to the debt ceiling deal you might thing some drastic spending cuts were signed into law. After all, ABC made it sound like Congress took a "machete" to the budget and NBC's "Today" wondered if those spending cuts could harm the economy. What has been completely missing from much of the network reporting was an admission that the deal "doesn't cut…

We've just spent the past month or so having politicians and the press tell us that if there was no debt-ceiling deal by August 2, the government might default on its debts (of course, Tim Geithner and Barack Obama could indeed have strategically defaulted if they had wished, but work with me here). But Sunday on Meet the Press, in a remark I expect will not be relayed much if at all by the…

John Kerry's claim on Sunday's "Meet the Press" that Standard and Poor's U.S. credit rating decision Friday is a "Tea Party Downgrade" is already catching on in liberal circles. The far-left MoveOn.org has taken it on as a rallying cry:

It wasn't enough for "Meet the Press" host David Gregory to nicely set up Senator John Kerry (D-Mass.) to blame Standard and Poor's downgrade of America's credit rating on the Tea Party Sunday. The producers actually felt Kerry's "Tea Party Downgrade" comment was important enough to replay again at the end of the show (video follows with transcript and commentary):

As NewsBusters previously reported, MSNBC's Rachel Maddow was rewarded for lying about Rush Limbaugh on her program Thursday by getting a guest appearance on Sunday's "Meet the Press." The top brass at NBC should be pleased with their decision for Maddow proceeded to thoroughly misrepresent the reasons Standard and Poor's gave for downgrading America's debt Friday (video follows with…

On August 2 on the Senate floor, Senate Majority Leader Harry Reid claimed that the economy under George W. Bush lost eight million jobs. PolitiFact, which occasionally seems to engage in verbal gymnastics to give Democrats and leftists the benefit of the doubt, was more than a little annoyed with Reid's claim, giving it a rating of "Pants on Fire." As will be demonstrated later, virtually no…

ABC's Cokie Roberts said something on national television Sunday that made her colleague George Will shake his head on camera. During a "This Week" discussion about the recent credit rating downgrade by Standard and Poor's Roberts said, 'The problem that we have here is the Constitution of the United States of America which actually does require people to come together from different…

Want to know just how scared of the Tea Party America's media are? On Sunday, the Chicago Tribune's Clarence Page published a column entitled "Is The Tea Party Over?":

UPDATE AT END OF POST: AOL HuffPo responds. Joining our growing list of media members willing to flat out lie on national television to advance their political agendas is Arianna Huffington who falsely claimed this week that securities firm JPMorgan warned its clients the debt ceiling agreement "is going to reduce our growth by a point-and-a-half." Such was dishonestly said during a segment…

The predictable MSM reaction to Standard & Poor's downgrading of the US government's credit rating? Kill the messenger, of course.  Yesterday, we noted how Jeff Glor at CBS' Early Show parroted the Obama line about the downgrade being "political." Today it was ABC's turn.  Good Morning America had on Mellody Hobson, a regular ABC "financial contributor" and former host of her own ABC…

The solution to our raging unemployment rate is so simple, I'm kicking myself for not thinking of it before.   Luckily, Chris Matthews did.  The government simply needs to spend more money!  Because, as "everyone knows, as we studied in school," government spending creates jobs! Matthews, just as wacky on the weekend Hardball as he is in his Mon.-Fri. version, went on a two-segment rant this…

MSNBC's Al Sharpton on Friday was being tremendously rude and dismissive to his guest the always well-mannered Tony Blankley. So discourteous was Sharpton that at the end of the discussion, Blankley sarcastically said, "You are a very polite gentleman" (video follows with transcript and commentary):