Social Security
Chris Matthews: 'Franklin Delano Roosevelt Bailed Out Capitalism in th
January 25th, 2011 11:26 PM
The President that expanded the role, scope, and size of the federal government more than all that came before him or since is unquestionably Franklin Delano Roosevelt.
Yet on Tuesday, moments after calling Congresswoman Michele Bachmann a "balloon head," MSNBC's Chris Matthews actually said FDR "bailed out capitalism in the '30s" (video follows with transcript and commentary):
Tea Party's Dana Loesch Battles Eliot Spitzer on Taxes and Spending
December 21st, 2010 10:31 AM
St. Louis Tea Party co-founder Dana Loesch took on CNN's Eliot Spitzer Monday evening in a classic battle between Right and Left.
From the opening bell, Loesch gave Spitzer a much-needed education on how extending existing tax rates isn't a tax cut (video follows with transcript and commentary):
AP Headline: Keeping 2011-2012 Income Tax Rates the Same Is 'Big New T
December 18th, 2010 10:21 AM
Did you know that the "big new tax law" signed by President Obama yesterday "will save taxpayers, on average, about $3,000 next year," and that it will have "tax breaks for being married, having children, paying for child care, going to college or investing in securities"?
Don't spend that extra $3,000 yet, because it mostly won't be there. With the only major exception being the 2-point cut…
AP's Ohlemacher Continues Press's Persistent Promotion of Social Secur
December 12th, 2010 11:41 PM
One of the press's longest campaigns to systematically obfuscate the truth about a specific government program is the one that has protected Social Security from reasonable scrutiny for most of the 75 years of its existence.
The Associated Press's Stephen Ohlemacher did his part to continue the misdirection in his coverage of the possible effects of the payroll tax cut President Obama and…
Obama Again Says Social Security Originally for Widows and Orphans Onl
December 7th, 2010 11:04 PM
You would think after the last time President Obama incorrectly said Social Security when it was originally created was exclusively for widows and orphans, someone in his administration would have corrected him so he wouldn't do it again.
Yet there he was at Tuesday's press conference making the same completely false assertion on national television (video follows with transcript and…
Samuelson's Home Run: 'What the Bowles-Simpson Plan Left Out
December 7th, 2010 12:17 AM
The Washington Post's Robert J. Samuelson in his Monday column scolded President Obama's deficit commission in a fashion that should be must-reading for every American, especially liberal media members.
At issue for Samuelson wasn't the cost-saving or revenue-generating ideas in the plan. Instead, he accurately pointed out that it lacked a coherent message as to why our social programs are…
NY Mag's Heilemann: Obama's the Only Serious Adult in Deficit Reductio
December 5th, 2010 12:58 PM
New York magazine's John Heilemann said this weekend that President Obama is the only serious adult in the deficit reduction conversation now going on in Washington.
This deliciously came seconds before Heilemann told other guests on the syndicated "Chris Matthews Show," "I have been dispirited by the lack of strategy on the part of the White House since the midterm elections...specifically…
Tom Friedman: Tea Party is Wrong - Americans Want Higher Taxes and Mor
November 28th, 2010 10:29 AM
There are times when one has to think the Manhattan building that is the home of the New York Times doesn't have any windows, doesn't have any television sets, and doesn't have any doors that allow employees to venture out and actually see what's happening in America beyond the walls of 620 Eighth Avenue.
Consider that after the impact the Tea Party has had on our nation's politics the past…
Paul Krugman Recommends 'Death Panels' to Help Balance Budget
November 14th, 2010 1:32 PM
UPDATE AT END OF POST: Krugman tries to clarify what he said.
Although he was likely taking a swipe at former governor Sarah Palin with the reference, Paul Krugman on Sunday recommended "death panels" as a means of helping to balance the federal budget.
In a Roundtable discussion on ABC's "This Week," the New York Times columnist said of what recently came out of the President's deficit…
Charles Krauthammer Schools Carlson and Krugman on Raising Social Secu
November 13th, 2010 11:17 AM
Charles Krauthammer on Friday gave a much-needed education to Bloomberg's Margaret Carlson about why the age at which one can receive Social Security benefits must be raised.
His words on PBS's "Inside Washington" also refuted Paul Krugman's foolish claims on this matter published in Friday's New York Times (video follows with transcript and commentary):
Krugman Shows Why Media Will Never Support Social Security Reform
November 12th, 2010 10:13 AM
There's little debate in America that with baby boomers retiring, Social Security and Medicare are on a collision course with bankruptcy.
Regardless of this inconvenient truth, powerful media figures like New York Times columnist Paul Krugman stand in the way of any meaningful reform to these programs that might lead to their long-term viability.
Krugman proved that once again in his…
Obama Incorrectly Tells Jon Stewart Social Security Was Originally For
October 28th, 2010 5:17 PM
For a man who thinks Social Security is the most important social safety net we have in America, Barack Obama appears to know very little about its history.
Consider that on Wednesday, the President actually told the "Daily Show's" Jon Stewart that Social Security benefits originally only applied to widows and orphans (video available here, transcript and commentary follow):
'Brace' for No Change: AP Frets Steady Social Security Payments Mean S
October 12th, 2010 2:17 PM
The consumer price index is holding steady, so that means no “cost of living adjustment” upward in Social Security payments in 2011, prompting the Associated Press to distribute on Monday night a lengthy dispatch reciting complaints from seniors about the supposedly intolerable situation: “Senior citizens brace for Social Security freeze.” Without mentioning how recipients received a very…
Thomas Friedman Bashes Tea Party, Wants Better More 'Centrist' Movemen
September 29th, 2010 10:56 AM
New York Times correspondent Thomas Friedman is clearly unhappy about the Tea Party, so much so that he considers the movement "not that important."Instead, he envisions another group, "which stretches from centrist Republicans to independents right through to centrist Democrats," sitting silently out there in America waiting for the right leader to emerge.So wrote Friedman Wednesday in his "The…