Nothing Certain Except Death and a Fair Tax
Every week, we receive more bad news about the American economy. Last week was no exception.
The Fed began monetizing the national debt, while China's gross domestic product for the third quarter expanded 8.9 percent from the previous quarter, Dagong (the Chinese quasi-government ratings agency) downgraded the credit rating of the United States, and billionaire George Soros expanded his…
George Stephanopoulos Pesters Former Clinton Colleague With Krugman Co
Former top Clinton aide George Stephanopoulos on Monday pestered his old White House colleague Erskine Bowles on the need to let the Bush tax cuts expire. The Good Morning America co-host also touted the critique of liberal columnist Paul Krugman in opposition to a panel calling for deficit reduction.
Stephanopoulos pushed Bowles, the co-chairman of the National Commission on Fiscal…
MRC’s Notable Quotables: Tea Party About to ‘Bump Up Against Reali
As a Monday morning treat for NewsBusters readers, here is a sampling of the quotes from the latest edition of MRC’s Notable Quotables newsletter, a compilation of the most outrageous, sometimes humorous, quotes in the liberal media. All of the quotes, plus past issues going back to 1988, can be found at www.MRC.org.
Forget What Voters Said, It’s Time for Higher Taxes
Host Christiane…
It’s ‘Deranged’ to Not Raise Taxes, Washington Post’s Marcus D
Despairing that the current income tax rates will be extended for all income levels, on Sunday’s This Week, Washington Post columnist Ruth Marcus declared: “I think that the conversation right now is deranged” and “crazy.” In measuring the long-term “cost” of keeping the Bush rates for those below $250,000 versus for all, she argued:
I think that the conversation right now is deranged. We…
Paul Krugman Recommends 'Death Panels' to Help Balance Budget
UPDATE AT END OF POST: Krugman tries to clarify what he said.
Although he was likely taking a swipe at former governor Sarah Palin with the reference, Paul Krugman on Sunday recommended "death panels" as a means of helping to balance the federal budget.
In a Roundtable discussion on ABC's "This Week," the New York Times columnist said of what recently came out of the President's deficit…
Hannity, Bozell Excoriate NBC’s Lauer and MSNBC’s Ratigan in Novem
NBC's Matt Lauer and MSNBC's Dylan Ratigan last night found themselves just two of the targets in the latest "Media Mash" segment on Fox News Channel's "Hannity" show.
NewsBusters publisher Brent Bozell appeared on the November 11 program to dissect NBC's biased coverage of former President George W. Bush's new memoir, "Decision Points," an ABC News puff piece on Michelle Obama's fashion…
Fallacious Time Magazine Post Alleges Tea Party Will Cause Hyperinflat
Time Magazine is having some problems with very basic issues of logic. First, it doesn't seem to understand the difference between correlation and causation. The notion that debt is equal to income minus expenditures also eludes the folks at Time.
A blog post on the magazine's website on Wednesday alleged that the Tea Party will cause hyperinflation. If that seems counterintuitive, take…
From Soda Taxes to Happy Meal Toy Bans, Media Feed Viewers Food Police
Food-filled winter holidays will soon arrive. But the liberal news media have already spent recent days comparing soda to an illegal drug, promoting a toy ban in kid’s Happy Meals, and generally bashing fast food companies for giving customers exactly what they want.
CNBC’s Erin Burnett outdid food police groups on Nov. 8, when she compared soda to cocaine in a segment discussing a “fat tax…
NYT: States Must Raise Taxes To Balance Budgets
Despite 9.6 percent unemployment nationally, with some areas of the country suffering far worse than that, the New York Times editorial board believes state governments must raise taxes to balance their budgets:
Taxed Enough Already
Now that we have new representatives, it's time to advance immediately on them and address the issue that can both rebuild our economy and relieve us of government oppression: tax reform.
As I began to point out in last week's article, Congress' plan to subsidize all its outrageous borrowing and spending will demand far more than the tax man's just collecting on expired Bush tax cuts. There…
CBS's Dickerson: Obama Will Make GOP 'Own' Spending Cuts to 'Pay For
On Monday's CBS Early Show, political analyst John Dickerson discussed President Obama's strategy against Republicans in Congress, particularly on tax cuts: "[He] said there's got to be a way to pay for it, again trying to put pressure on Republicans to say if you want to spend $700 billion, you've got to find the cuts, make them own those cuts, which are painful and might be quite unpopular…
Voters Speak: No to Soak-the-Rich Schemes
Do Americans share President Obama's desire to impose redistributive social justice on the well off? In liberal Washington State, of all places, voters gave a definitive answer this Tuesday: No! The resounding rejection of a punitive "Robin Hood" initiative shows that it's not just red-state Republicans who oppose extreme tax hikes on the nation's wealth generators.
As Capitol Hill resumes…
Amanpour Presses Paul and Pence to Agree Taxes Must Be Raised, Trumpet
Christine Amanpour spent much of Sunday’s This Week arguing with her guests about how taxes must be raised -- a theme also echoed on Face the Nation and Meet the Press -- as she brought aboard the media’s newest hero, tax-hike advocate David Stockman, and also touted Warren Buffett’s quest to hike taxes and how even conservatives in Britain have agreed to do so: “They’re saying there for every…
AP Gives Credence to Ill. Gov. Quinn's Claim of 'Mandate' Despite
It's strange how this "mandate" thing works, at least at the Associated Press.
In Ohio, Republican John Kasich defeated incumbent Democratic Governor Ted Strickland on Tuesday with a victory margin of about 2.5%, or almost 100,000 votes. Strickland is the first incumbent Buckeye State governor to lose a reelection bid since Democrat John Gilligan lost to Republican Jim Rhodes in 1974. In that…
