Economy

Only the New York Times could burn through 2,500 words about Japan's economy and not use the word "stimulus." The Old Gray Lady's Martin Fackler did refer to Fed Chair Ben Bernanke's just-announced second attempt to "stimulate" economy, but dodged the central lesson: The government created the Japanese people's malaise, and our government, despite Japan's experience, seems determined to do the…

Steven Rattner, the first Obama car czar who allegedly "bribed a political consultant to win business from New York's pension fund for his former investment firm," was extremely close this week to cutting a deal with the Securities and Exchange Commission (SEC), only to see that agreement held up this week to the intervention of New York Attorney General and Democratic gubernatorial candidate…

There is a simple explanation for President Obama's dismal approval ratings, but ABC's George Stephanopoulos fails to comprehend it. Appearing on the October 13 "O'Reilly Factor," the former Clinton adviser peddled multiple theories to explain Obama's unpopularity, but neglected to consider the possibility that the president has simply failed to connect with the general public. "As far as…

CNN's Wolf Blitzer and former public television anchor Nancy Karibjanian pressed Republican candidate Christine O'Donnell during Wednesday's Delaware Senate debate. While the two pressed O'Donnell on her personal finances, her past comments on evolution, and SNL poking fun of her, Karibjanian went out of her way to note Democratic candidate Chris Coons's past as a "student pastor at Yale."…

This paragraph from an Associated Press report by Christopher Rugaber on today's economic news should at a minimum strike readers as odd: A third report noted that prices at the wholesale level remained tame outside a sharp rise in food and energy costs. Excluding those two volatile categories, core wholesale prices rose just 0.1 percent, the Labor Department said. So we're left hanging…

Although experts from plenty of liberal-leaning news agencies agree that the Obama administration's complaint about the Chamber of Commerce allegedly spending foreign money on campaign issue ads is overblown, Time's Joe Klein is dead set on griping about the non-scandal. From his Swampland blog post yesterday: Karl Rove is a great American patriot, a genius, a statesman, even. And now he…

Appearing as a guest on Wednesday’s The Ed Show on MSNBC, Newsweek’s Jonathan Alter applauded President Obama for bringing "poetry" back into the campaign as he cited former New York Democratic Governor Mario Cuomo’s famous saying about campaigning "in poetry" and governing "in prose." Alter: "Look, he (Obama) overlearned Mario Cuomo's famous lesson. Cuomo said you campaign in poetry and govern…

The White House thinks its got a great campaign issue in falsely accusing the U.S. Chamber of Commerce of funneling foreign dollars to Republicans, and MSNBC's Chris Matthews is making it clear he's willing to assist the administration in making its case. Who cares that there's absolutely no factual basis in what President Obama and the "Hardball" host are saying? So hell-bent on making…

NewsBusters sister site Eyeblast.tv hit the streets of Alexandria, Va., recently to see what average people think about some of the wasteful spending in the stimulus package. Needless to say people weren't too happy about how their tax dollars are being spent:

So we’re back to this again? We’re 21 days out of the midterm elections and the media are back looking to capitalize on anti-Wall Street sentiments. On the Oct. 13 broadcast of NBC’s “Today,” host Matt Lauer referenced an Oct. 12 Wall Street Journal report to his guest, CNBC’s Jim Cramer, about Wall Street pay hitting a record $144 billion. Lauer, of course, just looked at the headline…

Oh, this is side-splitting: After exporting U.S. jobs, importing foreign debt and kowtowing to global thugs shamelessly over the past two years, the Obama administration is now playing the America First card. Democrats deserve a Guinness World Record award for their election-season cognitive dissonance. President Barack Obama, Vice President Joe Biden, White House senior adviser David Axelrod…

The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.

Barack Obama continues to place the blame and point fingers at Republicans, this time telling a crowd in Philadelphia, Pa., that "Republicans messed up so bad" that it’s their fault millions are still out of work. See video below page break:

Four years ago, frustrated with President Bush and the Republican Congress, voters handed over to Democrats the gavels to the House and Senate chambers. Weeks before the 2006 election, the Washington Post matter-of-factly noted that "Outside Groups [Were] Shoveling Cash Into Tight Races." In that 24-paragraph October 3 article, Post staffers noted massive independent expenditures being…