Forbes Columnist Calls for 'Enormous Stimulus Program' on CNN
On Thursday, Forbes's Robert Lenzner claimed the U.S. needs a second stimulus, and CNN's financial gurus Richard Quest and Ali Velshi were content not to challenge his point. Velshi even acknowledged later that the country needs to "stimulate employment" through tax benefits to small businesses.
"What we really need, but unfortunately we're politically behind the eight-ball is, we need an…
NBC's Lauer Blames Continuing High Unemployment on Employer 'Discrimin
On Wednesday's NBC Today, co-host Matt Lauer teased an upcoming segment on unemployment by fretting: "And just ahead, help not wanted. If you're one of the 14 million Americans looking for work, you may have noticed a growing trend. Employers are posting job ads that say they're seeking only people who are currently employed or just recently laid off. Is that discrimination…
Former Fox Newser Brian Wilson Cuts Parody Mocking Obama's 'Long and W
Washington, D.C. morning radio host and former Fox News reporter Brian Wilson today treated listeners of his "Morning Majority" radio show with a parody of the Beatles song "Long and Winding Road" that lampoons President Obama's Midwest bus tour.
It's worth a listen on WMAL's website here.
Open Thread: Millionaires Gone Missing
After he gets back from yet another vacation, President Obama is going to renew his call for taxes on "millionaires and billionaires," i.e. individuals making more than $200,000 annually and couples making more than $250,000. Besides the obvious fact that people with that type of income are not millionaires and billionaires, there's another inconvenient fact for those looking to "soak the rich:"
At CSM Hit Piece, Former Biden Economist Calls Perry 'Keynesian,' Errs
The Christian Science Monitor appears to have a problem monitoring its bloggers. Even though it asserts that its "diverse group of the best economy-related bloggers out there ... (have) responsibility for the content of their blogs," the largely respected CSM should understand that Jared Bernstein has just embarrassed it bigtime.
To its credit, CSM describes Bernstein, currently a senior…
CNN's Piers Morgan Pushed Rudy Giuliani, Libertarian Comedian Jillette
CNN host Piers Morgan argued for tax hikes during interviews with two separate guests on his Tuesday night show.
The former British tabloid editor tried to persuade Rudy Giuliani, a possible GOP presidential candidate, that the Tea Party is in the minority in its stance against higher taxes and should consider spending cuts paired with increased tax revenues to cut the deficit.
[Video…
NYT Dubiously Claims Buffett Tax Hikes Would Raise Revenues, Falsely C
New York Times reporter David Kocieniewski reported on the front of Tuesday’s Business section reported on the op-ed by billionaire investor Warren Buffett’s in Monday’s Times which has gone viral in liberal circles. Buffett called for higher taxes on rich people like him in the name of fairness, claiming his 17% effective tax rate was lower than anyone else in his office.
Kocieniewski, who…
Obama's $1.1 Million Tour Bus Made in Canada
President Obama: Saving or creating manufacturing jobs... in Canada?
The New York Post reported this morning about the custom-made campaign bus, er official government vehicle, that:
Report by AP's Kravitz on 'Depressed' Homebuilding Ignores 11 All-Time
At first blush, it might seem hard to imagine how one can contend that a press report describing an industry sector as operating "at depressed levels" and at volumes that are one-half of what "economists consider to be healthy" isn't telling the whole truth. But that's exactly how I would describe Tuesday's writeup by the Associated Press's Derek Kravitz after July's Census Bureau release on…
Will the MSM Make Note of Seattle's 'Green Jobs' Bust
While the media are sharpening the knives against Republican presidential aspirant Gov. Rick Perry on the nature of jobs created under his watch in Texas, fairness would dictate a look at the Obama administration's jobs record, particularly on his pet project of ushering in the age of renewable energy and with them "green jobs."
As Vanessa Ho of the SeattlePI.com website reported yesterday,…
NYT's Calmes Weaves Pro-Dem Cocoon in Story on G.O.P. 'Defensive' Over
New York Times White House correspondent Jackie Calmes’s 1,300-word story for the Saturday Business section, with the online headline “G.O.P. on Defensive as Analysts Question Party’s Fiscal Policy,” was so blatantly biased it caught the attention of neo-liberal Mickey Kaus, who posted a withering, entertaining analysis at The Daily Caller, revisiting his old theme of liberal cocooning among…
NYT's Appelbaum: 'Everything We Know About Economics' Says Govt. 'Shou
The New York Times’s “Caucus” podcast last Friday was focused on the financial crisis. Washington correspondent Binyamin Appelbaum, who focuses on financial issues, joined hosts Sam Roberts and Michael Shear to call for yet more federal spending on infrastructure "investment" in the face of a national debt of $14 trillion.
Binyamin Appelbaum: “....we’re in the middle of this economic…
Anderson Cooper Leads Show Scrutinizing Bachmann on Gay Rights While V
CNN's own poll recently showed that voters 60-to-one believe the economy is the most pressing issue facing the United States, as opposed to policies toward gays and lesbians. CNN's Anderson Cooper apparently thought the views of Republican presidential candidate Michele Bachmann toward gays and lesbians important enough to merit the lead segment on his Monday show.
"We begin tonight 'Keeping…
NBC's 'Today' Asks: How Can Obama 'Regain the Magic of
During an interview with former Obama Press Secretary Robert Gibbs on Tuesday's NBC Today, co-host Matt Lauer wondered: "How does the President get this excitement going again surrounding his re-election bid so that he can keep this office?" Throughout the segment, the headline on screen read: "Beyond Hope and Change; How Can President Regain Magic of 2008?"
In response to Lauer, Gibbs…
