National Debt

Maher Shockingly Blasts 'Takers': 'We Have 23.5% Dirt Bags In America
January 26th, 2013 2:06 PM
Stop the presses! Stop the presses! Bill Maher on Friday actually said something well-reasoned and intelligent that conservatives - including members of the Tea Party - might agree with.
"We have 23.5 percent dirt bags in America," the HBO Real Time host surprisingly said. "It just seems like there’s less people pulling the wagon and more people in the wagon, and at some point the wagon is…
Washington Post Hypes 'Hard-Right' Heritage Foundation's Lobbying Divi
January 24th, 2013 7:12 PM
Washington Post writer Suzy Khimm, a former reporter for far-left magazine Mother Jones, did her best to portray the Heritage Foundation's lobbying outfit, Heritage Action, as an extreme cabal in a Thursday item on the front page of the Style section. Khimm used two variations of "hardline" to label the two-plus year old group, as well as the term "hard-right."
In her article, "The right’s…
One Week After Obama Rejected the Idea, AP's Kuhnhenn Says House Debt
January 22nd, 2013 10:08 AM
At his January 14 press conference, in response to a question from Major Garrett of CBS News and the National Journal about raising the federal government's debt limit, currently at $16.394 trillion, President Barack Obama said: "I’m not going to have a monthly or every-three-months conversation about whether or not we pay our bills."
On Wednesday, a Fox News dispatch to which the Associated…

Jack Welch: 'Obama Comfortable With High Unemployment and Huge Deficit
January 22nd, 2013 8:13 AM
Former General Electric CEO Jack Welch had some harsh words Monday for the current White House resident.
Tweeting during the inauguration, Welch wrote, "[A]ppears Pres. Obama comfortable with high unemployment and huge deficits":

Charles Krauthammer Scolds NPR's Totenberg: 'Don't Cover For Obama
January 19th, 2013 11:36 AM
Syndicated columnist Charles Krauthammer on Friday marvelously exposed NPR's Nina Totenberg as one of President Obama's shills in the media.
When Totenberg - appearing on PBS's Inside Washington - tried to make excuses for why Obama is totally in favor of raising the debt ceiling today despite having voted against doing so when he was a senator, Krauthammer scolded, "Don't cover for him" (…
Leno on Obama's Birthday Gift to Michelle: ‘He's Very Responsible Wh
January 18th, 2013 9:57 AM
NBC Tonight Show host Jay Leno took a fiscal poke at President Obama Thursday.
After mentioning that it was Michelle Obama’s birthday, and that she told reporters that she wanted “a nice gift from Barack, but nothing extravagant,” Leno quipped, “Oh, don't worry. Obama is very responsible when he's spending his own money. Don't have worry about that. No problem there” (video follows with…

Krugman vs. Stewart Showdown Over the Trillion-Dollar Platinum Coin
January 16th, 2013 9:13 AM
Paul Krugman vs. Jon Stewart. The New York Times columnist and economist put his utter lack of humor on display in a Saturday afternoon blog post in which he attacked as lazy and unprofessional the host of the Daily Show. Stewart's sin? Daring to mock the trillion-dollar platinum coin as a solution to the debt ceiling crisis. Here's Krugman on "Lazy Jon Stewart":
Oh, dear. Jon Stewart took on…

Senate Democrats' Letter Urging Obama to Unilaterally Raise Debt Limit
January 14th, 2013 9:09 AM
The self-described "essential global news network" known as the Associated Press, more aptly characterized as the Administration's Press, has from all appearances chosen to minimize the exposure given to Friday's letter from four Senate Democrats to President Obama encouraging him to unilaterally increase the nation's debt ceiling if Congress fails to do so.
A search on Harry Reid's last name…

Left Swoons for Loony ‘Magic Coin’ Plan
January 10th, 2013 10:38 AM
The left must think Treasury Secretary Tim Geithner is a magician, since they think funds to evade the debt ceiling can be conjured up in the form of a platinum coin.
The left-wing blogosphere has been promoting a loony idea to prevent the GOP from being able to cut spending in debt ceiling negotiations. The idea has gained traction with a Bloomberg News contributor and well-known liberal…

George Will: ‘The Journalistic Narrative About Washington Today Is
January 6th, 2013 7:25 PM
George Will spoke an inconvenient truth about the media Sunday that should have everyone of its members sitting up and taking notice.
Appearing on ABC’s This Week, Will said, “The journalistic narrative about Washington today is 180 degrees wrong” (video follows with transcript and commentary):
CNBC’s Jim Cramer: ‘No More Taxes
January 4th, 2013 10:23 AM
“No more tax revenue! None. NONE.”
That was not the cry of a dyed-in-the-wool conservative politician. Rather it was Jim Cramer, CNBC’s own host of “Mad Money,” speaking to the upcoming fight in Washington over the debt ceiling. [See video after the jump]

Krugman: Obama Might 'Go Down In History As The Wimp Who Threw It All
January 2nd, 2013 11:09 PM
The perilously liberal New York Times columnist Paul Krugman is not pleased with the President's handling of the fiscal cliff negotiations.
So angered is the Nobel laureate that he wrote at his blog Wednesday, "[If Obama doesn't] finally stand up for his side...nobody will ever trust him again, and he will go down in history as the wimp who threw it all away."

CBS Hypes 'Huge Bipartisan Victory', 'Milestone' with Fiscal Cliff Bil
January 2nd, 2013 4:29 PM
On Wednesday's CBS This Morning, Nancy Cordes trumpeted the passage of Senate Democrats' temporary fiscal cliff fix by the House as a "big bipartisan victory", immediately after pointing out that "the votes were about two-to-one Democratic in favor of the bill." Cordes also hyped how the bill is "a milestone, finally settling a decade-long debate over the Bush-era tax cuts," despite the fact…

David Brooks: 'Sometimes Obama Governs Like a Visitor From a Morally S
December 30th, 2012 12:28 PM
New York Times columnist David Brooks made an astonishing observation about President Obama on NBC's Meet the Press Sunday.
"Sometimes he governs like a visitor from a morally superior civilization" (video follows with transcript and commentary):