Washington -- There is a new book out that bids fair to win this year's J. Gordon Coogler Award for The Worst Book of the Year, and remember, the year has just begun. The dreadful effort is "The Ones We've Been Waiting For: How a New Generation of Leaders Will Transform America." Its author is Charlotte Alter. The book takes its dreadful title from a dreadful speech given back in 2008 by presidential candidate Barack Obama, entitled, dreadfully enough, "The Ones We've Been Waiting For.
CNBC apparently had no problem treating Sen. Mitt Romney’s (R-UT) coronavirus plan to give “every” American $1,000 as a rational idea. CNBC came right off the bat to make the senator look like some sort of philanthropist: “GOP Sen. Mitt Romney proposed on Monday sending every American adult $1,000 to ease the financial pain of the coronavirus pandemic that has tanked global markets and threatened to grind U.S. economic activity to a halt.”
Liberal billionaire Warren Buffett, who’s been fairly quiet this election cycle, took to CNBC to weigh in on the Democratic primary races. As it turns out, even The Billion-Dollar King of Abortion found self-proclaimed socialist Sen. Bernie Sanders (I-VT) too left-wing.
Maryland Sen. Chris Van Hollen joined MSNBC Live host Ali Velshi on Monday to talk about President Trump's proposed budget, but instead of interviewing Van Hollen, Velshi decided to turn the segment into a Democratic messaging meeting. The biggest deficits in the last 25 years have been from "wars and tax cuts."
House Speaker Nancy Pelosi's strategy of holding on to the two weak articles of impeachment against President Trump was starting to rattle some Democrats, who felt they were losing the political battle. Last Wednesday, Sen. Dianne Feinstein (D-CA) told reporters, “If we're going to do it, she should send them over,” adding, “I don't see what good delay does.” On Friday, Pelosi sent a letter to her Democratic colleagues that announced she was preparing to send the two articles of impeachment to the Senate this week.
The Founders of the United States of America warned against massive federal debt, but, to our detriment, their political descendants are not paying attention. The Founders speak to us from their graves to condemn and warn of the consequences now that President Trump and Congress have come to an agreement about lifting the meaningless “debt ceiling” and increasing already massive federal spending and the debt, which is at $22 trillion and growing rapidly.
Economist Ben Stein provided a harsh reality check of socialism, as youth, politicians and the media turn ever leftward. His criticism of socialism and the Green New Deal sharply contrasted with recent liberal media reactions.
As difficult as it may be to believe, there was a time when Republicans were known as the anti-debt and balanced budget party. Now, the GOP prefers to tout low unemployment as the debt soars and they are co-conspirators in its rise. It's not that Republicans (and once-fiscally responsible Democrats) lack a way out of debt; it's that they lack the will. Both parties, but especially Republicans, fear a backlash from voters if they cut spending, much less make actual reductions.
Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.
The press has mostly gone off the rails in covering President Trump's proposal to rescind $15 billion in unspent funds, insisting on characterizing the move as "cuts." The competition for the worst coverage is fierce, but Andrew Taylor's story at the Associated Press, as carried at the Washington Post, probably wins the prize for the most incoherent headline: "Administration proposes cutting $15 billion in unused funds."
In a bipartisan vote on Thursday, the House passed a truly massive omnibus spending bill spanning 2,232 pages and some $1.3 TRILLION. The spending increases that the bill called for would help to jack up our already out of control $21 TRILLION national debt. But for both ABC’s World News Tonight and CBS Evening News, the bigger concern was that there was no solution for the Deferred Action for Childhood Arrivals (DACA) program. Meanwhile, NBC Nightly News didn’t mention the spending bill at all.
Another day, another left-wing report hammering the Republican tax plan on the front page of the New York Times, this time in the lead section on Sunday. Kate Zernike and Alan Rappeport penned one of a pair of lead stories on the Republican’s passing their tax plan in the Senate, under a headline that didn't even nod toward objectivity: “Next Objective: Cutting the Safety Net.”