Obama's Egghead Economic Saboteurs
Official motto of the White House economic team: Those who can, do. Those who can't, fantasize in the classroom, fail in Washington and then return to the Ivy Tower to train the next generation of egghead economic saboteurs. Life is good for left-wing academics. Everyone else pays dearly.
Take Austan Goolsbee, please. President Obama's "fresh-faced" University of Chicago econ professor…
Rich Libs Want Higher Taxes On Millionaires, But Won't Donate Own Mone
A group of self-described liberal millionaires seeking to raise taxes on the top 1 percent of America’s population, refused -- when questioned by CNSNews.com -- to consider making donations themselves to a Treasury Department Web site that allows the public to make contributions to help pay down the public debt.
The “Patriotic Millionaires" group held a conference call on Monday in advance…
Bob Schieffer Asks Haley Barbour 'Could You Ever Envision Supporting a
As no clear frontrunner emerges in the Republican presidential nomination race, the liberal media are in a full-scale panic over the thought that the former governor of Alaska might eventually enter and challenge their beloved president in November 2012.
On Sunday, "Face the Nation's" Bob Schieffer asked Mississippi Governor Haley Barbour with some incredulity, "Could you ever envision…
Greta Van Susteren Schools NYT's Blow On Obamanomics: 'Track Record of
Fox News's Greta Van Susteren on Saturday took issue with New York Times columnist Charles Blow's recent piece "False Choice."
In it, the perilously liberal commentator criticized Republicans for wanting to solve the nation's economic woes with a mixture of tax and spending cuts:
Idiocy Alert: Bill Maher Falsely Claims Bush Tax Cuts Gave Rich $2.8 T
NewsBusters readers are well aware that we like to point out when arrogant, pompous, holier-than-thou liberals make completely false statements on the air and in print.
Bill Maher marvelously did so on HBO's "Real Time" Friday claiming that the Bush tax cuts have so far given a total of $2.8 trillion to the richest one percent of Americans (video follows with transcript and commentary):
MSNBC Contributor: 'I'll Put Obama's Deficit Next to Reagan's Any Day
I've said for years that some of the worst reporting by the media deals with issues of finance and the economy.
"Real Time" watchers were given a perfect example of this Friday evening when a college professor that contributes to MSNBC as well as Nation magazine actually said, "I’ll put my Obama deficit next to your Reagan deficit any day of the week" (video follows with transcript and…
Do We Deserve Our Fate
The latest Social Security Trustees Report tells us that the program will be insolvent by the year 2037. The combined unfunded liability of Social Security and Medicare has reached nearly $107 trillion in today's dollars. That is about seven times the size of the U.S. economy and 10 times the size of the national debt. Those entitlement programs, along with others, account for nearly 60 percent…
CNN's Richard Quest Advocates (More) 'Classic Keynesian Economics' to
William F. Buckley Jr. once said his job was to "stand athwart history, yelling stop!" If more liberals took this advice, they wouldn't end up looking like two CNN anchors who just don't know when to say no to unsustainable deficit spending.
On the eve of a disappointing jobs report in which the unemployment rate rose to 9.1 percent, CNN International's Richard Quest plowed ahead like the…
CNBC's Joe Kernen Mocks Chris Matthews: 'You Studied Economics
MSNBC's Chris Matthews on Thursday got a much-needed economics lesson from CNBC's Joe Kernen.
In the midst of a discussion about the economy and how it's going to impact the 2012 elections, the "Hardball" host bragged about having studied economics in grad school leading Kernen to marvelously ask, "You studied economics?" (video follows with transcript and commentary):
MSNBC Howler: Cenk Uygur Tells GOP Congressman 'I'm a Fiscal Conservat
It never ceases to amaze me what people on MSNBC are willing to say while cameras are rolling.
On Wednesday, the perilously liberal Cenk Uygur - with a straight face no less! - told Congressman Brian Bilbray (R-Calif.) in the midst of a budget discussion, "I'm actually a fiscal conservative" (video follows with transcript and commentary):
Rep. Hoyer Fatuously Claims Bush Inherited $5.6 Trillion Surplus, Chuc
Rep. Steny Hoyer (D-Md.) made a blatantly inaccurate statement on the "Daily Rundown" this morning that MSNBC anchor Chuck Todd should have, but failed to, call the House minority whip out on.
"We went from a $5.6 trillion surplus that George Bush inherited to over a $11-plus trillion debt when George Bush left office," asserted Hoyer.
Maddow Mocks Mitch McConnell: 'Little Mitch The Rodeo Queen
File this one under: Imagine If The Partisan Tables Were Turned.
On her MSNBC show this evening, Rachel Maddow repeatedly mocked Republican Senate leader Mitch McConnell as "little Mitch, the rodeo queen."
Maddow was miffed over McConnell's arranging a Senate vote on the raising of the debt ceiling, and by extension the Republican position on Medicare reform. And so, for about ten--…
Krauthammer and Thomas Agree: Clinton and Obama are Hypocrites on Medi
On Friday, Newsweek's Evan Thomas said the recent special election in New York's 26th Congressional district proves "demagoguing works" and that former President Bill Clinton is a hypocrite when it comes to Medicare reform.
"Inside Washington" co-panelist Charles Krauthammer agreed saying that President Obama is also a hypocrite on this issue, and that "between now and at least until Election…
Sen. Reid Reverses Himself on His Call for a Clean Debt Ceiling Vote
As recently as last month, Sen. Harry Reid (D-Nev.) was pushing for a clean debt ceiling measure. “You don’t have to have a lot of things attached to raising the debt ceiling. You can do that separately,” he told reporters at an April 14th press conference.
Now a House GOP plan to hold a vote on a clean extension of the debt ceiling is coming under fire by Reid. It will send "a terrible…
