Krugman: Democrats Should Risk Debt Default and Not be 'Blackmailed' b
New York Times columnist Paul Krugman said Sunday that Democrats should risk a debt default to avoid being blackmailed by Republicans that are holding a bomb "over our head" in the form of serious budget cuts.
This came moments after FDIC chair Sheila Bair told ABC's "This Week" panel, "I think maybe there's a little too much testosterone in this debate. It’s too much about winning and losing…
Krauthammer Scolds 'Inside Washington' Host for Calling GOP 'Mediscare
"Inside Washington" host Gordon Peterson on Friday joined the ranks of liberal media members claiming Republican calls for Democrats to stop saying the GOP is trying to destroy Medicare is hypocritical due to their support for Congressman Paul Ryan's (R-Wisc.) budget proposal.
When he got his chance to address this absurdity, syndicated columnist Charles Krauthammer marvelously set the record…
CBS Gives Obama Over 26 Minutes to Lecture on the Economy
CBS gave President Obama over 26 and a half minutes to answer 12 questions related to the economy during a town hall aired on Thursday's Early Show. Obama got six uninterrupted minutes to answer one question about Medicare during the hour-long event. Host Erica Hill wondered how the Democrat could "change the mind-set from things are tough to things are turning around" with the economy.
Hill…
A Solution to the Debt Menace
Here's a safe prediction: The "bipartisan" group of congressmen led by Vice President Joe Biden will fail to solve the $14 trillion debt crisis.
Here's another prediction: The Heritage Foundation (www.heritage.org/) has developed a formula, made possible by a grant from The Peterson Foundation (www.pgpf.org/), that could balance the budget in 10 years, reduce the debt to 30 percent of gross…
Lawrence O'Donnell: 'We Are All Socialists In This Country
Last November, MSNBC's Lawrence O'Donnell admitted on air to being a socialist.
In a segment on "The Last Word" Tuesday addressing how Cuba - a country nearing economic ruin - is moving towards capitalism, O'Donnell said, "We are all socialists in this country who support public education, state funded universities, government-run hospitals, Medicare, Social Security, classic socialistic…
Only the Republican Study Committee Budget Gets the Job Done
Last weekend, David Ignatius in his Washington Post column made a vital contribution to the debt and deficit debate: "Take the deficit pain now. It's a truth of economics and life that if you have bad news coming, take the hit early and get it behind you. You can't start building until the debris is out of the way."
Ignatius offers various examples from history (e.g., Fed Chairman Paul Volker…
Ed Schultz Calls John Boehner and Paul Ryan Liars Moments Before Lying
Ed Schultz's pattern of accusing Republicans of lying moments before lying himself continued Tuesday evening.
Just moments after calling House Speaker John Boehner (R-Oh.) and Congressman Paul Ryan (R-Wisc.) liars, the host of MSNBC's "Ed Show" misinformed his viewers about Medicare (video follows with transcript and commentary):
Krugman Endorses Congressional Progressive Caucus's Radical Tax-Hiking
If you had any questions about just how far to the left New York Times columnist Paul Krugman is, they were answered Monday when he expressed enthusiastic support for the Congressional Progressive Caucus's radical tax-hiking "People's Budget."
In his "Let's Take a Hike," the Nobel laureate left no doubt about his desire to swiftly redistribute America's wealth with little regard for the…
Media Mash: 'Eat Dog Food and Die' Edition
On the April 21 edition of FNC's "Hannity," NewsBusters publisher Brent Bozell tackled how the media lapped up President Obama's talking points about the Paul Ryan budget plan and its effect on senior citizens.
"You know, Sean, this is some of the worst fear-mongering I've ever heard, and I think, personally, I find it despicable that this came from the president of the United States," the…
MSNBC's Chris Matthews Smears Tea Partiers: Only Interested in Cutting
According to MSNBC's Chris Matthews, "the only cuts that [Tea Partiers] seem to want are the cuts for the poor people." The Hardball host smeared the conservative protesters on Thursday while discussing planned reforms to Medicare and Medicaid.
Guest Jonathan Alter laughed at Matthews' attack, prompting the anchor to mock, "You're laughing…
'On Faith' Contributor Calls Paul Ryan Budget Supporters to Repentance
Are you a Christian who also is supportive of Rep. Paul Ryan's budget plan? Then you'd best repent of your sin and be renew your mind with the social gospel.
That's the pronouncement of liberal theologian Susan Brooks Thistlethwaite in an April 18 post at the Washington Post/Newsweek "On Faith" website.
Brooks Thistlethwaite -- who previously hit Tea Party conservatives as tribalistic --…
Ed Schultz Again Calls Republicans Liars Before Lying Himself
For the second night in a row Tuesday, MSNBC's Ed Schultz called Republicans liars.
Also for the second night in a row, he did so moments before lying himself (video follows with transcript and commentary):
Paul Ryan 1, Obama
I am beginning to wonder whether President Obama is so cocky about his 2012 re-election prospects that he thinks he doesn't even have to be serious in his budget plan offerings.
Unfortunately, the nation's unfunded liabilities aren't so casual as the president; they are growing by more than $10 trillion per year, which means that our looming debt crisis becomes far more problematic with each…
