Media's Debt Ceiling Hysteria Ignores How Bonds, Budgets and Taxes Wor
If you believe every word uttered by hysterical news anchors and political commentators lately, you would think the world ends August 2nd if the debt ceiling isn't raised.
Not only isn't this true, it's another indication of the press's total ignorance about our nation's budget and/or their willingness to lie to the American people in order to get taxes raised.
Let's start our truth dig by…
Open Thread: Sen. Rand Paul's Debt Ceiling Filibuster
With the deadline for raising the debt ceiling looming less than a month away, there are mixed feelings about raising the debt ceiling among debt-conscious politicians who are hesitant to give more spending power to the government. The Treasury Department has given August 2 as the estimated date on which the U.S. will no longer be able to meet fiscal obligations if the debt ceiling is not…
Fareed Zakaria: Ending Bush Tax Cuts Would Solve Budget Deficit
There are times when the idiocy oozing from the mouths of America's television commentators sickens me.
Consider Fareed Zakaria, who after telling NPR Friday, "CNN is getting smarter," actually said on the program bearing his name two days later that allowing the Bush tax cuts to expire "would provide the federal government with $3.9 trillion in revenues over the next decade and basically…
Krauthammer Challenges Shields: Where Is Democrat Budget? What's Their
As he normally does on "Inside Washington," PBS's Mark Shields Friday was waxing moronic about Republican plans to balance the budget.
Not pleased by the fictional account on display, syndicated columnist Charles Krauthammer challenged his fellow panelist saying, "Democrats have not even produced a budget for 2012. What’s their budget?" (video follows with transcript and commentary):
George Will Asks This Week Panel: Can Congress Require Obese People to
As NewsBusters previously noted, ABC's "This Week" began its Independence Day weekend program disparaging the Founding Fathers as guys who didn't let women vote and allowed slavery.
What followed was a Roundtable discussion about the Constitution which got quite interesting when the host brought up ObamaCare and George Will marvelously asked the group, "Does Congress have the constitutional…
Reuters, AP Run Interference for Dem Gov. Dayton in Minn. Shutdown
Weekend coverage emanating from Minnesota via Reuters and the Associated Press is doing its level best to run interference for Democratic Governor Mark Dayton, who has chosen to shut down the government rather than sign a budget which does not include tax increases.
CBS Omits How Obama Broke Campaign Promise on Tax Hikes
On Thursday's CBS Evening News and Friday's Early Show, CBS glossed over President Obama's aim to break a campaign promise with a proposal to raise taxes on people who make less than $250,000 a year. Both Chip Reid and Bill Plante noted that "the White House is also insisting on...a limit on deductions for people...making more than $200,000 a year," but didn't reference the Democrat's 2008 tax…
Tea Party Congressman To CNN's Spitzer: Press Must Stop Protecting Oba
Conservative Congressman Joe Walsh of Illinois twice called out the media for protecting President Obama on Thursday night's In the Arena, and told host Eliot Spitzer to his face that "you're doing a much better job of making [Obama's] case than he did."
Before the interview began, CNN excoriated the verbal war on Capitol Hill that ensued after Obama's criticism of Republicans in his press…
NBC Wonders: Can America 'Afford Not to' Spend Billions on High-Speed
On Thursday's NBC Nightly News, anchor Brian Williams praised China's high-speed rail system and lamented that United States had not done the same: "China is rocketing ahead of the U.S. with high-speed rail. And it has a lot of people wondering how long we can keep chugging along the same old track."
Touting the completion of a new rail line between Beijing and Shanghai, Williams proclaimed…
Freudian Slip? MSNBC's Martin Bashir Claims Treasury Sec. Tim Geithner
On the July 1 edition of "Martin Bashir," the MSNBC anchor after which the show is named made a statement that reveals a great deal about his worldview.
[Video after break]
Krugman: Spending Cuts Would Destroy 'Possibly Millions of Jobs
With a month to go before the next supposedly "drop dead date" regarding the nation's debt ceiling, liberal media members are out in force with hysterical claims about the world ending if Congress isn't free to spend more money it doesn't have.
Ever the faithful shill, New York Times columnist Paul Krugman did his part Friday cautioning that any spending cuts at this time "would destroy…
MSNBC's Ratigan: California's 'Amazon Tax' Kills Jobs, Let's Have Nati
Unfortunately for Dylan Ratigan, close only counts in horseshoes and hand grenades.
The MSNBC anchor nearly stumbled onto a valid point on Thursday's "Dylan Ratigan Show" – reporting that California's new Internet sales tax could cost thousands of jobs and millions in tax revenue – until he proposed solving this dilemma with a national Internet sales tax.
NBC, CBS Let Obama Advisor Spin Obama's Presser, No Republicans
NBC's Today and CBS's Early Show on Thursday turned to Obama advisor David Plouffe on Thursday to offer his spin on the President's 67-minute presser on Wednesday, instead of interviewing Republicans. Both shows failed to press their guest about Obama's part in raising the nation's debt. NBC's Matt Lauer did toss some hardball questions at Plouffe on the President's "ownership" of the economy…
Jon Stewart to Harry Reid: 'If [GOP] Were Living in a Fantasy World Wo
Jon Stewart Wednesday finally stopped responding to the aftermath of his performance on "Fox News Sunday" and tried to make amends with a somewhat bipartisan segment bashing the President for his budget solutions as well as both parties for not getting anything done.
Toward the end of the opening "Daily Show" sketch, after a video clip of Senate Majority Leader Harry Reid saying, "My…
