Economy

On Tuesday's NBC Today, co-host Ann Curry touted President Obama trying to scare the American people into supporting his debt ceiling plan: "He called for public activism, so much so that we hear that Capitol Hill web sites were crashing last night because so many people were trying to e-mail their representatives. It looks like he spooked main street...will he also spook Wall Street?" Curry…

In the ongoing budget negotiations, it is becoming quite clear that President Obama, quite contrary to his posturing, is the major fly in the ointment. Even the Democratic leadership is more flexible than President Obama, putting the lie to the oft-stated speculation that Obama is a mere puppet. He is his own counsel.

Has Barack Obama lost New York Times columnist David Brooks? In his piece Tuesday, the so-called conservative said the President last Friday "lectured the leaders of the House and Senate in the sort of patronizing tone that a junior high principal might use with immature delinquents...personalizing the issue like a spurned prom date":

The New York Times on Tuesday told its readers, "House Republicans have lost sight of the country's welfare." In an editorial entitled "The Republican Wreckage," the Gray Lady disgracefully claimed, "They have largely succeeded in their campaign to ransom America's economy for the biggest spending cuts in a generation" dimming "the futures of millions of jobless Americans":

In his White House speech tonight, President Obama renewed his call for a debt-ceiling impasse solution which requires "the wealthiest Americans and biggest corporations to give up some of their breaks in the tax code and special deductions." In other words, he wants tax increases, even though earlier in the day, he backed Senate Majority Leader Harry Reid's "plan" (using the term loosely, as…

Barack Obama might give Chris Matthews a thrill up his leg, but the bromance MSNBC's "Hardball" host has with former President Bill Clinton knows no bounds. On Monday's program, Matthews finished by nominating Clinton as Secretary of the Treasury, "Because in many ways it’s a life saver" (video follows with transcript and commentary):

Quoting a British politician who claimed "right-wing nutters" pose the most serious threat to the international financial system, MSNBC's Martin Bashir asked his conservative guest on Monday: "He's right, isn't he?" The MSNBC anchor posed this question at the end of a contentious interview with Tea Party Nation Founder Judson Phillips, after asking Phillips four times whether he wanted the U.…

Once again, Tea Party-critic John Avlon took aim at "hyper-partisanship" in Congress but focused the blame squarely on House Republicans while saving a tiny bit of blame for Democrats. In a July 25 op-ed for CNN.com, he hit Republicans for walking away from a generous deal by President Obama to settle the debt ceiling debate. "We are learning that activists and ideologues pushing anti-tax…

The media’s unwillingness to release all the facts concerning the debt ceiling debate is nothing short of censorship. In their enthusiasm as cheerleaders for this President, the media are deliberately hiding and distorting the truth to further their own ideologically driven, leftist agenda. These so-called 'news' outlets are ignoring the voice of the American people. It is a tragedy that we…

MSNBC's Mika Brzezinski asked the co-host of "Morning Joe" Monday if Republicans holding the line on the debt ceiling are "so stuck to their little contract and the Tea Party that they cannot even think outside the box for the good of the country." Somewhat less surprising, Joe Scarborough gave a pretty good answer (video follows with transcript and commentary):

In his Friday report covering the June state and local employment report released by Uncle Sam's Bureau of Labor Statistics, the Associated Press's Derek Kravitz told readers about the three biggest seasonally adjusted job-losing states (Tennessee, Missouri, and Virginia), but had nothing to say about states which gained jobs. This was a curious omission indeed, given that BLS told us that "…

One more data point demonstrating the leftward tilt of the purportedly non-partisan Politico: In his Playbook of today, Politico's chief White House correspondent Mike Allen depicts a "grand bargain" on the credit ceiling, which inevitably would include huge tax increases, as an "historic achievement" for which President Obama and House speaker John Boehner would "rightly get credit." In…

Latest dispatch from the Department of Dissent Is No Longer Patriotic: because they won't raise taxes, Republican "maniacs" are more dangerous to US national security than al Qaeda. That is the view of Nicholas Kristof, as expressed in his New York Times column of today, "Republicans, Zealots and Our Security." View excerpts after the jump.

On Wednesday evening (at NewsBusters; at BizzyBlog), I noted the absurdity of Associated Press coverage characterizing the 5-page document with 3-1/2 whole pages of text issued by the "Gang of Six" as a "plan" -- 12 times, plus in the item's headline. Though I didn't bring it up then, an obvious point to make about any of these items floating around Washington is that if the Congressional…