Explaining Downward Revision of Economic Growth, AP Ignores Damage Fro

June 28th, 2013 4:27 PM
Before the government released its first estimate of first-quarter economic growth in late April, the establishment press, particularly Bloomberg News and the Associated Press, salivated at the chance to report the then-predicted "robust" annualized growth of 3 percent and to describe how the economy had "accelerated" from the previous quarter's pathetic 0.4 percent. When that first estimate…

MSNBC's Hayes: GOP Making Immigration Bill 'Less Humane' and 'Worse fo

June 25th, 2013 3:23 PM
On Monday's All In show, MSNBC host Chris Hayes complained about Republicans trying to increase the number of border agents and to bar illegal immigrants from collecting Social Security benefits based on taxes they've paid into the system. After recounting the time when he worked with several illegal immigrants in a bakery who paid Social Security taxes, and the efforts by Republicans to…

On PBS, Jonathan Alter Lauds ‘Centrist’ Obama Who Has ‘Defended

June 7th, 2013 9:45 PM
Jonathan Alter showed up on PBS’s Charlie Rose Wednesday to promote the new book in which he celebrates Barack Obama’s 2012 reelection. The Bloomberg columnist doesn’t seem to understand the irony of his book’s title – The Center Holds. He really does believe President Obama is a centrist, and he attempted to explain the title from the comfort of Rose’s dark studio: “So the reason I call the…

NYT Reporter: Slight Reduction in Entitlement Spending 'Big Downside f

April 23rd, 2013 2:56 PM
Showing how difficult it is to make the smallest reductions in federal spending, New York Times personal finance reporter Tara Siegel Bernard's latest "Your Money" column criticized, as hurting the old and poor, a proposed change in how inflation is calculated that would slightly curb the annual increases in entitlement spending. The proposal is generally supported by conservatives and reviled…

Politico's Tau Pretends Big Labor 'Targets' Obama, When It Just Doesn

April 7th, 2013 12:56 PM
I guess Byron Tau thought he had to make it look like Big Labor is really, really mad at President Barack Obama and the White House so he could make Obama look like he's a moderate on economic and fiscal issues. Thus his Sunday morning post's headline: "Labor targets Obama over proposed benefit cuts." Of course, they aren't "cuts" at all, though they are being portrayed as such. All Obama has…

Krauthammer: Senate Democrats Budget 'Marches Us Off a Cliff Into Gree

March 23rd, 2013 1:19 PM
Senate Democrats on Saturday narrowly passed their first budget in four years. Appearing on PBS's Inside Washington Friday before the vote, syndicated columnist Charles Krauthammer called it "the most appalling document you have ever seen" claiming, "It marches us off a cliff into Greece and perhaps into Cyprus" (video follows with transcript and absolutely no need for additional commentary):

Liberal Economist Takes On Krugman: Federal Reserve Averted Depression

March 11th, 2013 9:29 AM
While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs. In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that…

Scarborough Smacks Down Krugman For Pompously Behaving Like a Sighing

March 5th, 2013 11:31 AM
As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening. Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):

Krugman: Quoting What I Said in the Past Is an Ad Hominem Attack

March 5th, 2013 10:25 AM
New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening. At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):

Huffington Post Shocker: 'How Obama's Politics Led to Sequestration

March 4th, 2013 9:31 AM
For conservatives, it's been truly delicious the past few weeks watching previously devote Obamaites break ranks with their colleagues to finally tell the world that the emperor has no clothes. A fine example Monday was the perilously liberal economist and media darling Jeffrey Sachs who published an article at the Huffington Post with the headline "How Obama's Politics Led to Sequestration":

Time Executive Editor: 'We're All Welfare Queens' and 'Socialists From

March 3rd, 2013 8:38 PM
"We're all socialists from the day we're born. You know, you don't have to be poor or unemployed to be on Welfare. We're all at the trough. We're all Welfare queens." So said TIME magazine executive editor Michael Duffy on the syndicated Chris Matthews Show Sunday (video follows with transcript and commentary):

MSNBC's Morning Joe Takes The Side Of The White House Against Woodward

March 1st, 2013 6:06 PM
Bob Woodward is a legend in modern journalism, especially for fellow liberal reporters. But that all is for naught now that Woodward has committed the cardinal sin of criticizing the White House for an operative's use of what apparently is a fairly common tactic: a harsh bullying of the press in order to demand even more favorable coverage than the Obama-friendly press already lavishes on Team…

Bloomberg's Exposure of Worried Walmart Emails Stays Mostly in the Bus

February 16th, 2013 8:10 PM
On Friday, Renee Dudley at Bloomberg News exposed the contents of February 12 internal emails revealing that Walmart executives are worried -- very worried -- about sales during the first 10 to 14 days of the its most current fiscal period (mostly likely either the first 10 days of February if the company works with calendar months, or 14 days if it began the second period of the fiscal year on…

Buzzfeed's Ben Smith: 'Obama Prepares To Screw His (Young) Base' -- As

February 11th, 2013 12:20 PM
Buzzfeed's Ben Smith, who used to toil at Politico, must be blind in one eye and can't see out of the other. In what appears to be a sudden revelation in his column ("Obama Prepares To Screw His Base") on ObamaCare's harsh treatment of young people, Smith notes how they "will pay disproportionately for ObamaCare." What this really represents is something which alarmed those who studied the…