Personal Finance

Although the list is long and undistinguished, PBS's Tavis Smiley said possibly one of the dumbest things he's ever said on television Wednesday. In a discussion about class warfare and the politics of envy on Fox News's Hannity show, Smiley actually said with a straight face, "No one who happens to be poor wants what Mr. Romney has" (video follows with transcript and commentary):

There was a truly delicious moment on ABC's This Week Sunday that should be mandatory viewing for all liberal media members. After the perilously liberal editor of The Nation magazine, along with Obama's former domestic policy adviser, blamed all the nation's problems on Republican obstruction in Congress, the Wall Street Journal's Paul Gigot struck back saying, "The first two years [Obama]…

In the wake of the Ann Romney-Hilary Rosen stay-at-home mom dustup, Salon's Joan Walsh on Thursday predictably made the totally false claim "being able to stay home with your children [is] a choice for the wealthy only." Fortunately, former RNC chairman Michael Steele was also on MSNBC's Hardball to set the record straight saying, "This isn’t about just rich women. There are a lot of middle…

An MSNBC political analyst on Tuesday actually said that Alabama women voting for Rick Santorum in the Republican presidential primary that just concluded in that state "really hurts" her. Talking to Lawrence O'Donnell on The Last Word, Karen Finney arrogantly said, "It’s a little painful because I’m wondering if those women really heard the full message" (video follows with transcribed…

Since the first Occupy Wall Street protest, you haven't been able to swing a dead cat in this country without hitting an Obama-loving media member carping and whining about income inequality. Yet according to this chart created by the nation's largest federation of trade unions the AFL-CIO, the difference between average CEO and average worker pay has been plummeting since the year 2000:

"Barack Obama has not put anyone on food stamps." So hysterically wrote Barbra Streisand at the Huffington Post Friday evening:

Charlie Rose ripped a new liberal line of attack on Mitt Romney right out of the New York Times on Thursday's CBS This Morning, as he interviewed top Romney backer Chris Christie. Rose played up that Romney "seems to be dancing around the idea of what his wealth is. This is the New York Times today: 'Romney riches are being seen as new hurdle; complex web of assets is difficult to assess.'"…

George Will on Sunday marvelously told liberal economist Robert Reich something that many conservatives have been dying to say for years. During a fascinating Right vs. Left debate on ABC's This Week, after Reich predictably pined for higher income tax rates to solve all that ails us, Will struck back with the line of the weekend, "You are a pyromaniac in a field of strawmen" (video follows…

For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk." On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather…

While Bob Schieffer spent a goodly amount of time on Sunday's Face the Nation discussing the allegations made against Herman Cain this week as well as Rick Perry's strange speech in New Hampshire, Liz Cheney was the voice of reason asking why he was wasting so much time on these irrelevant issues. "With all due respect, you know, the American people are out there afraid. They're afraid that…

The European Union might completely fall apart any day now as the countries in that region implode under their massive debt. Despite this, CNN's Fareed Zakaria offered another America-hating love letter to the struggling continent Sunday actually claiming, "The American dream seems to be thriving in Europe not at home" (video follows with transcript and commentary):

While the media champion the Occupy Wall Street movement as if it's the American version of the Arab Spring, they're predictably missing a crucial distinction. As the Motley Fool reported Friday, those sleeping in tents and skipping showers in cities around the country are actually part of the world's richest one percent:

The hyperventilation of media members concerning income inequality in America reaches a new high with each passing day. Case in point, on Inside Washington Friday, PBS's Mark Shields, with a straight face no less, said this disparity is a "national security issue" (video follows with transcript and commentary):

If you listen to Occupy Wall Street-loving media members, you'd think income inequality in America is worse than anywhere else in the world. Quite the contrary, a chart from World Bank economist Branko Milanovic's book "The Haves and the Have-Nots” paints an entirely different picture: