NYT Reporter Who Praised Obama's Expensive Stimulus Sells Him as Defic
On the eve of President Obama's first State of the Union address, the lead story in Wednesday's New York Times by Jackie Calmes focused on Obama's abrupt transformation into a born-again deficit hawk: "Obama, On Own, To Set Up Panel On Nation's Debt."In a related video, Calmes played along with Obama's sudden about-face, claiming "the president wants to make deficit reduction a big part of his…
USAT Misses California's Dominance of Welfare Caseload and Its Increas
Sometimes getting hung up on percentage increases causes one to miss what's going on with the actual numbers. Such is the case in a January 26 front page story by USA Today's Richard Wolf. USAT's is the only recent original coverage I have found thus far relating to increases in the national welfare rolls during the recession. (An unbylined story at UPI merely reports on what USAT's Wolf wrote…
ABC’s George Stephanopoulos Frets to McCain: Tax Cuts Will ‘Increa
Good Morning America’s George Stephanopoulos played defense for the White House on Tuesday. While talking with John McCain about Obama’s 2010 proposals, he sounded annoyed that the Senator’s ideas for job creation would include tax cuts: "But, those tax cuts are going to increase the deficit, aren't they, sir?" After McCain declared his opposition to Democrat spending proposals, the host pressed…
Cramer Rips Obama 'Lurch Toward Populism': 'Now on an Anti-Shareholder
It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his viewers to be aware of this and to strategically position their stock…
Sawyer Asks Obama to Time Travel: What Would You Say to the Obama of a
Diane Sawyer's interview with President Barack Obama wasn't nearly as sycophantic as the one conducted last Wednesday by George Stephanopoulos, with Sawyer posing mostly informational inquiries about the direction he'll set out in the State of the Union speech as she also raised the huge deficits and whether all future meetings about health care will “be on C-SPAN” as he had pledged? But she…
CNBC's Santelli Reacts to NYTimes Label of Tea Party 'Heroes and Inspi
It's curious to see people in the mainstream media try to make sense of the Tea Party movement. The New York Times, which once called the Tea Parties a psychological phenomenon rather than a political movement, has now changed its tune. In the wake of the stunning upset by Scott Brown in the Jan. 19 Massachusetts special election to fill the seat vacated by Ted Kennedy's death, the Times is…
CNN's Velshi: 'Very Few (Economists) Said There Is No Need for an Econ
On his segment of CNN Newroom today, anchor Ali Velshi cited a CNN/Opinion Research poll showing that only a quarter of Americans believe Obama's stimulus program has wasted little or no money. He then set up an interview with a pro-stimulus academic:Let's talk about this with Kenneth Rogoff, professor of public policy and economics at Harvard University. Ken, you have looked at this very, very…
CBS's Reid Rips Obama's Anti-Wall Street Populism: 'Sounds More Like P
Is the luster finally wearing off the love affair between the White House press corps and President Barack Obama? It is, if CBS White House correspondent Chip Reid's analysis of President Barack Obama's latest Wall Street proposals is anything to go by. Reid appeared on the Fox Business Network's Jan. 25 "Imus in the Morning" program and offered an update on the president's financial and…
Time's Joe Klein: What's the Matter with You Morons
Poor Joe Klein wishes he could give a lecture to average Americans -- the "Too Dumb to Thrive" who probably don't read his magazine's Swampland blog anyway -- on the virtues of Obamanomics. Of course, they'd probably be too stupid to understand the enlightened Mr. Anonymous, especially Fox News viewers. Indeed, at least in Klein's mind, these alleged ignorant boobs are practically an existential…
AP: Both Brown Win and Obama Anti-Bank Attacks Examples of 'Populism
It's amazing how Bernard Condon and Tim Paradis of the Associated Press managed to hang the same label on totally opposite political positions in their report on the situation in the stock market late this afternoon.According to the AP pair, Scott Brown's U.S. Senate win in Massachusetts was due to a "wave of populism," at the same time as President Obama is supposedly planning to use "populist…
Anti-Defamation League Blasts Limbaugh for Agreeing With Anti-Defamati
Rush Limbaugh is so reviled by the left, that even when he agrees with liberals and issues facts supporting their arguments, they criticize him and demand an apology.The latest such group to deride Limbaugh for supposedly offensive comments that they themselves have supported is the Anti-Defamation League. The ADL has called on Limbaugh to apologize for suggesting that the Obama Administration's…
ABC's Moran Lets Dem Guests Blame Budget Deficit On Bush
Two Democrats on Sunday blamed the soaring budget deficit on George W. Bush, and ABC's Terry Moran didn't challenge either one of them.First up on "This Week" was senior White House adviser David Axelrod who told substitute host Moran, "President Clinton left a $237 billion surplus, President Obama received a $1.3 trillion deficit." Moran didn't challenge this, nor did he press Sen. Robert…
Reuters Unemployment Claims Story Headlines 'Admin Issues,' But Ignore
A not-so-funny thing happened on the way to the recovery this week: The U.S. Department of Labor reported on Thursday that initial claims for unemployment benefits jumped "unexpectedly" by 36,000 to 482,000, when analysts had predicted a slight drop. What's more, it turns out that data reported in previous weeks was understated because of "administrative issues" relating to paperwork processing…
CNN's Christine Romans Connects the Dots Between Dow Drop and Obama's
The news media have often taken President Barack Obama's side against banks, portraying bankers as the villains. But that was not the case on "American Morning" Jan. 22. Business correspondent Christine Romans surprisingly blamed the previous day's stock market slide on "tough new rules" proposed by Obama the same day. According to CNN, Obama wants to limit the size of banks, separate commercial…
