Economy

“I’m not biased,” CNN host and ex-Democratic politician Eliot Spitzer told NewsBusters publisher Brent Bozell on In the Arena Monday night. Bozell was on CNN to talk about the budget fight and his 800,000 member grassroots political organization, ForAmerica, but Spitzer first wanted to ask about various NewsBusters items documenting his liberal approach, particularly about the recent budget…

As NewsBusters has been reporting, America's media have been on a full-court press to raise taxes ever since Barack Obama proposed this in his deficit reduction speech last Wednesday. So supportive of soaking the rich is MSNBC's Ed Schultz that on Monday's program bearing his name, seconds after claiming "Republicans are forced I guess you could say to make stuff up," he lied about what…

As night follows day, the press is beginning to go after a business entity which had the nerve to do its job and call attention to Uncle Sam's dire fiscal situation. Standard and Poor's is presumably not 100% populated with angels, but it didn't deserve the gratuitous and ignorant shots fired at it this evening by the Associated Press's Bernard Condon and an "expert" he quoted. In attempting…

Credit ratings agency Standand & Poor's Monday placed a negative outlook on the future of America's AAA debt rating as a result of looming budget deficits as far as the eye can see. Later in the day, syndicated columnist Charles Krauthammer of Fox News's "Special Report" said this move by S&P was actually a negative review of President Obama's deficit reduction speech last Wednesday (…

In my book "Crimes Against Liberty," I described President Obama as dishonest, hyper-partisan, a bully, a narcissist and a hard-core left-wing ideologue. Anyone who thinks my description is exaggerated or too harsh didn't hear his Wednesday speech on the budget. One might have expected that a newly elected president who had "inherited" such a disturbingly high deficit, a growing national debt…

Days before his 2012 budget was released, Congressman Paul Ryan (R-Wisc.) predicted that he and it would be demagogued by the Left. Doing its part is the New York Times which began its editorial Monday, "Six months after voters sent Republicans in large numbers to Congress and many statehouses, it is possible to see the full landscape of destruction that their policies would cause — much of…

Whoever is compiling a list of what journalists really believe when they put forth certain vague but commonly used phrases (e.g., using "some people believe" instead of truthfully saying "in my opinion") should consider adding the following: "small but vocal group" really means "a tiny bunch of people I agree with." That's my assessment as I look at two uses of the term this past weekend,…

As NewsBusters has been reporting, the media have been on a full-court press in recent days supporting the President's push to raise taxes. Doing his part was NBC's David Gregory who trotted out the words of former Vice President Walter Mondale on Sunday's "Meet the Press" to really drive home the point, and then got a huge assist from former Federal Reserve Chairman Alan Greenspan (video…

The Associated Press's Ben Feller interviewed President Obama on Friday. In the transcript, Feller interrupts Obama's long-winded response to his previous softball question ("Are the Republican leaders lacking compassion and they're pessimistic?") by beginning another question, which is shown as having been stopped before completion: Q. You said they might lead us to third world - It's…

CNN's Howard Kurtz is either astonishingly naive or so strongly in the tank for Barack Obama that he's willing to ignore the totally obvious to assist the President's reelection efforts. On Sunday's "Reliable Sources," Kurtz actually discussed with far-left guests Joan Walsh of Salon and John Aravosis of Americablog.com - without ever disclosing the painfully inconvenient truth! - why the "so…

As NewsBusters previously reported, ABC's "This Week" invited on a number of Tea Party Congressman Sunday to discuss the budget debate going on in Washington. Just before that segment, ABC's John Donvan did a brief report that concluded with him insinuating that this conservative movement is drinking tax cut Kool-Aid and President Obama is having none of it (video follows with transcript and…

Tea Party Congressman Joe Walsh (R-Ill.) had quite an illuminating discussion with Christiane Amanpour Sunday. As the host of ABC's "This Week" pushed for higher taxes, Walsh correctly pointed out that Barack Obama's first 2012 budget proposed earlier in the year didn't address entitlement programs saying, "The President of the United States ought to be ashamed of himself, and I don't know…

A photo taken at a Tea Party demonstration in Boston carried at Yahoo News carries the following caption (HT Powerline): VIDEO: April 15 was tax day in the United States, and Tea Party radicals used it to stage demonstrations across the country, including near the site of the original Boston Tea Party revolt of the colonial era. The photo was grabbed from an Agency France-Presse video with…

In this week's "Is Bill Maher Really That Stupid" segment, the "Real Time" host on Friday actually said that ending the Bush tax cuts would solve 75 percent of the nation's budget deficit. This deliciously came before Maher called Sen. John Kyl (R-Ariz.) "an evil liar who insults the intelligence of all living things including mushrooms and mold" (video follows with commentary):