Personal Finance

CNBC's Maria Bartiromo made a statement Sunday about all of the fearmongering concerning the looming budget sequester that people on both sides of the aisle should pay attention to. Appearing on NBC's Meet the Press, Bartiromo said, "I think Wall Street is seeing this as scare tactics because if the market really believed that the economy was going to be paralyzed on March 1 we would not be…

Freelance journalist Helaine Olen appeared on The Daily Show Wednesday night to promote her new book Pound Foolish, in which she attacks the financial planning industry as a group of snake oil salesmen. The show didn’t have enough time to air the full conversation, so viewers had to go online to www.thedailyshow.com to hear Olen’s proposed solution for de-emphasizing the importance of investing…

It appears not everyone in America is as enthralled with Barack Obama's economic policies as his fans in the media. When NBC Tonight Show host Jay Leno made a joke about the president not understanding economics, the studio audience cheered, applauded, and whistled (video follows with transcript and commentary):

Jay Leno went counter to the rest of the media's gushing over the Obama Inauguration Tuesday by actually taking some shots at the current White House resident. Early in his opening monologue, the NBC Tonight Show host said, "There were twice as many people at his first inauguration...because four years ago, twice as many people could afford to stay in hotels” (video follows with transcribed…

Here’s something I bet you thought you’d never see at the perilously liberal Huffington Post. In a Dean Baker article published Tuesday with the astonishing title “There Is No Santa Claus and Bill Clinton Was Not an Economic Savior,” the second sentence read, “Just as little kids have to come to grips with the fact that there is no Santa Claus, it is necessary for millions of liberals,…

C.L. Bryant, a former NAACP Texas president and current Baptist minister, told MSNBC's Thomas Roberts Thursday there's really no reason for black people to have voted for the re-election of Barack Obama other than the color of his skin. Bryant said that due to the high Latino unemployment rate as well as the high poverty rate among young white women, the same was true for those demographic…

Actor and activist Ed Asner is the narrator of a new video called “Tax the Rich: An Animated Fairy Tale.” It was produced by the California Federation of Teachers (video follows with transcribed highlights and commentary):

To paraphrase the estimable Yogi Berra - it’s like deja vu all over, and over, and over, and over again. The Jurassic Press media is enraptured with a certain story.

In an interview with CBS News anchor Scott Pelley last week, Goldman Sachs chairman and CEO Lloyd Blankfein immediately brought up a highly sensitive subject that liberals in the media and highest levels of government refuse to acknowledge: entitlement spending on Social Security, Medicare, and Medicaid are unsustainable at their current rate and need significant reform to ensure those programs…

It was almost a month ago that the New York and New Jersey coastlines were mercilessly pummeled by Hurricane Sandy. Immediately following the storm, the liberal media spin went into overdrive commending the leadership and compassion Obama displayed in the aftermath. But reports have been surfacing since the election, revealing how conditions in the afflicted regions are still not much improved…

Throughout the liberal media's ceaseless coverage of the impending fiscal cliff debacle, they have fixated on hiking taxes on the "rich," even though doing so would come nowhere close to solving America's fiscal woes. Whatever short term gain in revenue from tax hikes will not last the federal government for very long, and another credit downgrade is inevitable if entitlement reform continues…

This Thanksgiving, a record high of 42.2 million Americans will use food stamps to curtail the cost of a big meal. At a whopping expense of $72 billion to the taxpayer per year, according to the Congressional Budget Office. The Supplemental Nutrition Assistance Program (SNAP) has grown by 70 percent since 2007, an increase of over 15 million more people. Despite acknowledging all of this,…

Schlockumentary filmmaker Michael Moore had some straight talk for Barack Obama Monday. In a letter to the President published at the perilously liberal Huffington Post, Moore advised Obama to "DRIVE THE RICH RIGHT OFF THEIR FISCAL CLIFF" while putting an end to "the s***ting on the poor."

Nuns on the Bus tour leader Sister Simone Campbell appeared on MSNBC's The Cycle on Thursday afternoon to discuss her ministry, which predictably led to her left-wing agenda becoming the focal point of the conversation. The only host to take issue with her talking points was token conservative S.E. Cupp, who was armed with facts and figures that the good sister could not rebut except by…