Personal Finance

Update (11:55 a.m. EDT): MSNBC anchor Thomas Roberts just mentioned the 62% spike in Pelosi's net worth, attributing it mostly to her husband's real estate dealings. As my colleague Noel Sheppard noted today, the media have largely ignored the fact that House Minority Leader Nancy Pelosi (D-Calif.) has seen an astonishing 62 percent spike in her net worth over last year. Yet in a June 16…

CNN's Eliot Spitzer arrogantly lectured about the benefits of Keynesian economics Sunday while accusing fellow panelists on "Fareed Zakaria GPS" of not knowing what they were talking about because they weren't business owners. This led British historian Andrew Roberts to point out that President Obama's administration are mostly academics, and Ann Coulter to ask Spitzer, "What business have…

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…

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:

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):

When Democrat presidential candidate Walter Mondale announced in his October 1984 debate with former President Reagan that he would raise taxes if elected, his  campaign was over, and he ended up losing one of the biggest election routs in American history. As Barack Obama prepares to offer the nation his deficit reduction plan Wednesday, it is widely believed he is going to recommend tax…

Former Clinton labor secretary Robert Reich wrote a truly nonsensical piece for the Huffington Post Tuesday ironically called "The Republicans' Big Lies About Jobs." MSNBC's Chris Matthews must have loved this tripe and its sophomoric title for he invited the Berkeley professor on Wednesday's "Hardball" so that the pair could put on a clinic in liberal economic fantasy (video follows with…

Since its inception, NewsBusters has informed readers of the tendency of liberal media members to completely make up economic data when it fits their agenda. Not surprisingly, this happened on Friday's "Real Time" when host Bill Maher brought up Reaganomics and MSNBC's Rachel Maddow proudly told - she even stood up to tell this whopper! - a 100 percent falsehood about income gains during that…

Lawrence O'Donnell on Tuesday surprisingly exposed how ignorant liberals are of the tax code. In a sometimes heated discussion with prominent progressives about President Obama's new compromise tax plan, "The Last Word" host aggressively challenged the knowledge of two of his guests (video follows with transcript and commentary):

The hypocrisy of liberal media members knows no bounds - even on Thanksgiving. On Thursday, CNN contributor Paul Begala wrote a piece for the Huffington Post extolling the "quintessentially liberal virtue" of generosity despite conservatives giving far more to charity:

CBS reporter Lesley Stahl was very confused on Monday's "Morning Joe". She just couldn't figure out why there are so many women involved with the Tea Party. Stahl received a basic civics lesson from two unlikely personalities: columnist Mike Barnicle, and Sam Tanenhaus, editor of the New York Times Book Review and author of "The Death of Conservatism". Tanenhaus noted that economic issues…

Ed Schultz must have had the shock of his life Thursday when a jobless advocate told him, "It was the Democrats that caused us to be in the situation that we're in."Mignon Veasley-Fields is a 61-year-old Los Angeles grandmother who has been out of work since June 2008. Her unemployment benefits ran out over three months ago.Since then, she has been bringing attention to the long-term unemployed…

A recurring theme from liberal media members as we approach the midterm elections is that Americans have to vote for Democrats in November so the nation doesn't go back to the way things were when Republicans ran everything.A perfect example is New York Times columnist Paul Krugman who on Friday penned a piece called "Downhill With the G.O.P.":Never mind the war on terror, the party's main…

As NewsBusters has previously reported, liberal Internet publisher Arianna Huffington is breathtakingly ignorant when it comes to basic economic theory.On Sunday, she proved it again by making an absolute fool of herself on ABC's "This Week." With the "Roundtable" segment beginning on the subject of the economy, Huffington noted how the failure of the banking bailout to stimulate growth was "…