National Debt

On Friday's PoliticsNation, MSNBC host Al Sharpton complained that the "Tea Party-fueled madness" of the GOP threatening to shut down the government would "take away health care from millions of people." He went on to charge that Speaker John Boehner possesses "genuine political cowardice" because he is allowing the Tea Party to "run this country into the ground." Sharpton began the show:

On Wednesday's CBS Evening News and Thursday's CBS This Morning, Nancy Cordes repeatedly played up how an unidentified Republican in the U.S. Senate attacked a House proposal to de-fund ObamaCare as "suicide". Cordes underlined that "Speaker Boehner was forced into the risky strategy by his right flank", and wondered if the plan was "just a recipe for a government shutdown". Norah O'Donnell…

 Chris Matthews on Wednesday continued his assault on conservatives who oppose the funding of ObamaCare in the coming fiscal showdown, sneering that the "looney tunes" Republicans want to "kill the recovery." The Hardball anchor, who recently lost his 5pm slot and now can only be seen at 7pm, also bizarrely linked this to the President of Starbucks asking gun owners not to open carry in stores…

At the Associated Press, aka the Admininstration's Press, reporter Jim Kuhnhenn predictably and dutifully reported that President Barack Obama "reiterated his vow not to negotiate with Republicans over raising the borrowing limit." As usual, the AP and Kuhnhenn didn't look back at how U.S. Senator Barack Obama's debt-ceiling posture in 2006 sharply differed. Today, Mark Knoller at CBS New,…

PBS anchor Judy Woodruff asked a question on Monday’s NewsHour that perfectly captured the modern liberal mentality about government spending and debt. During a taped interview with former Treasury Secretary Henry Paulson, Woodruff asked: [Video below. MP3 audio here.]

On CNBC’s “Squawk Box” on Tuesday, Sun Microsystems founder and Harvard-trained economist Scott Mc Nealy asserted the Federal Reserve has become a "marketing department" for the government and "shouldn't be in any business at all. They shouldn’t be in the business of taxing people by devaluing the dollar, and they shouldn’t be in the business of setting expectations." He said the Fed should…

A recent NBC News/Wall Street Journal poll stumbled across a very interesting finding: 44 percent of respondents said they did not think Congress should raise the debt ceiling before the U.S. reaches it in October, while only half as many (22 percent) said Congress should raise it. On Friday, Andrea Mitchell reported that finding on her eponymous MSNBC program Andrea Mitchell Reports, but she…

As has been demonstrated many times, including in its recent cover-up and weaselly non-correction of his "Gulf ports" gaffe, the Associated Press, aka the Administration's Press, continues to do its level best to keep President Obama's misstatements and misleading statements from wider public visibility. Two such instances occurred in one speech on Friday in Binghamton, New York, where Obama…

Potentially the most dishonest aspect of the Obama-loving media's reporting since January 20, 2009, pertains to how they've almost totally ignored how poorly the economy is performing. On Tuesday, Michael T. Snyder, author of the gloom and doom book "The Beginning of the End," wrote a fabulous piece titled "33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became…

A November 15, 2010 blog post by Michael S. Derby at the Wall Street Journal ("San Francisco Fed Official Says QE2 Is Working") told us that "The Federal Reserve‘s recently announced plan to buy $600 billion in Treasury securities to improve economic growth is having a positive effect on growth." The Fed official involved also predicted "the U.S. gross domestic product to come in at 2.5% this…

One thing which is arguably worse for one's health than Obamacare is the act of reading a Paul Krugman column at the New York Times. In his latest equivalent of a DNC press release on Thursday published in Friday's print edition, Krugman lambasted GOP Senator Rand Paul and House Majority Leader Eric Cantor as "politicians who gleefully add to the misinformation" the general public allegedly…

Over the weekend, The New York Times promoted its July 24 interview with President Obama – after being shut out for almost three years – but reporters Jackie Calmes and Michael “Macaca” Shear couldn’t find time for a single question about the IRS scandal, Benghazi, or other Obama scandals. They found time to ask a softball about whether Obama would help observe the 50th anniversary of Martin…

Yesterday, President Obama gave another warmed-over version of the same economic policy speech that’s been given for the past five years at Knox College in Illinois.  He saved the automobile industry.  He’s overseeing an economic recovery.  Republicans are intransigent. And he’s the best person to ever breathe oxygen on this planet. Yada, yada, yada.  Now with polls showing a record number of…

CBS's Bob Schieffer got a much-needed lesson in recent history Sunday. During a Face the Nation discussion with House Speaker John Boehner (R-Oh.), after the host wrongly claimed sequester was "the creation of Congress," Boehner interrupted him saying, "That's wrong. Who insisted on the sequester? The President of the United States" (video follows with transcript and commentary):