Personal Finance

Rachel Maddow Tells Bill Maher 100% Falsehood About Reaganomics
January 22nd, 2011 3:07 PM
Since its inception, NewsBusters has informed readers of the tendency of liberal media members to completely make up economic data when it fits their agenda.
Not surprisingly, this happened on Friday's "Real Time" when host Bill Maher brought up Reaganomics and MSNBC's Rachel Maddow proudly told - she even stood up to tell this whopper! - a 100 percent falsehood about income gains during that…

Lawrence O'Donnell Exposes Liberal Ignorance of Tax Code
December 8th, 2010 1:08 AM
Lawrence O'Donnell on Tuesday surprisingly exposed how ignorant liberals are of the tax code.
In a sometimes heated discussion with prominent progressives about President Obama's new compromise tax plan, "The Last Word" host aggressively challenged the knowledge of two of his guests (video follows with transcript and commentary):

Paul Begala Extols Liberal Generosity on Thanksgiving Despite Conserva
November 25th, 2010 5:21 PM
The hypocrisy of liberal media members knows no bounds - even on Thanksgiving.
On Thursday, CNN contributor Paul Begala wrote a piece for the Huffington Post extolling the "quintessentially liberal virtue" of generosity despite conservatives giving far more to charity:

NYT's Sam Tanenhaus Schools CBS's Lesley Stahl on Tea Party Women
October 19th, 2010 9:59 AM
CBS reporter Lesley Stahl was very confused on Monday's "Morning Joe". She just couldn't figure out why there are so many women involved with the Tea Party.
Stahl received a basic civics lesson from two unlikely personalities: columnist Mike Barnicle, and Sam Tanenhaus, editor of the New York Times Book Review and author of "The Death of Conservatism".
Tanenhaus noted that economic issues…
Jobless Advocate Shocks Ed Schultz: Democrats Put Us In This Situation
September 30th, 2010 10:20 PM
Ed Schultz must have had the shock of his life Thursday when a jobless advocate told him, "It was the Democrats that caused us to be in the situation that we're in."Mignon Veasley-Fields is a 61-year-old Los Angeles grandmother who has been out of work since June 2008. Her unemployment benefits ran out over three months ago.Since then, she has been bringing attention to the long-term unemployed…
Question for Paul Krugman: Are Things Better Today Than In January
September 24th, 2010 11:59 AM
A recurring theme from liberal media members as we approach the midterm elections is that Americans have to vote for Democrats in November so the nation doesn't go back to the way things were when Republicans ran everything.A perfect example is New York Times columnist Paul Krugman who on Friday penned a piece called "Downhill With the G.O.P.":Never mind the war on terror, the party's main…
George Will Helps Arianna Huffington Make a Fool of Herself on This We
September 12th, 2010 1:53 PM
As NewsBusters has previously reported, liberal Internet publisher Arianna Huffington is breathtakingly ignorant when it comes to basic economic theory.On Sunday, she proved it again by making an absolute fool of herself on ABC's "This Week." With the "Roundtable" segment beginning on the subject of the economy, Huffington noted how the failure of the banking bailout to stimulate growth was "…
Rich Lowry Smacks Down E.J. Dionne on Bush Tax Cuts and Obamanomics
September 5th, 2010 11:40 PM
National Review's Rich Lowry on Sunday had a classic debate with Washington Post columnist E.J. Dionne about whether or not the tax cuts implemented by former President George W. Bush should be allowed to expire.Dionne agrees with President Obama that they should only be extended for folks making less than $250,000 a year; Lowry thinks that raising anyone's taxes right now could send the country…
Shock at CNN: Banks Doing More than Obama for Homeowners
August 30th, 2010 3:38 PM
To the surprise of CNNMoney.com’s Tami Luhby, the market is doing something more efficiently than a government program. While this isn’t news to many, at CNN, it’s a revelation.It seems “banks are doing nearly twice as many modifications under their own foreclosure prevention initiatives than under the Obama administration's signature Home Affordable Modification Program, known as HAMP,”…
George Will Schools Robert Reich On Deficit Spending, FDR and Herbert
August 22nd, 2010 3:26 PM
George Will on Sunday gave Robert Reich a much-needed history lesson about deficit spending and liberal myths concerning Franklin Delano Roosevelt and Herbert Hoover.As the Roundtable segment on ABC's "This Week" moved to the current state of the economy, Reich predictably called for another stimulus package. "You can't even talk about stimulus because people say, 'Oh, that would create a deficit…
Olbermann Cherry-picks Gingrich, Accuses GOP of Blaming Unemployed for
August 13th, 2010 12:14 PM
Keith Olbermann on Thursday cherry-picked an article by former Speaker of the House Newt Gingrich to make a pathetic case that Republicans are targeting and blaming unemployed Americans for the country's economic woes.In his opening "Countdown" segment on MSNBC, the host began, "When it came time to invade, Republicans used cherry-picked intelligence to make the case for war in Iraq. Now, they`re…
Ed Schultz Blames Republicans For All The Unemployed People In America
August 12th, 2010 11:41 PM
Ed Schultz on Thursday blamed Republicans for all the unemployed people living in America today.As he began the most recent installment of the "Ed Show" on MSNBC, the host said, "The Republican Party has been on a crusade against the middle class and the poor for the last 30 years. We're now seeing the wreckage of that race to the bottom line culture."He disgracefully continued, "Today a…
Samuelson: Higher Taxes Inhibit Having Children, Will Destroy Economy
August 9th, 2010 10:35 AM
As media predictably pound the table for Congress to allow the Bush tax cuts to expire, an interesting analysis by Washington Post contributor Robert J. Samuelson should raise a caution flag.Higher taxes inhibit couples from having children which in other developed nations has led to longterm economic paralysis.In a western civilization that got drunk on entitlement programs in the previous…
Howard Fineman: Obama's Economic Policies 'Saved The Day
August 7th, 2010 1:33 PM
Despite unemployment sitting at 9.5 percent and over 3 million jobs lost since this President was inaugurated, Newsweek's Howard Fineman says the economic policies enacted by Barack Obama "were good ones and smart ones and saved the day."Chatting with MSNBC's Keith Olbermann on Friday's "Countdown," Fineman was nicely set up by the shill asking the questions."Does anyone -- can anyone actually…