Stock Market
Krugman Accuses Republicans of Preventing Bernanke from Saving Economy
August 26th, 2011 11:21 AM
It often amazes that liberals in this country revere New York Times columnist Paul Krugman as being an expert economist.
Take for example Friday's intellectually challenged piece entitled "Bernanke's Perry Problem" in which the Nobel laureate accused prominent Republicans such as the Texas governor and Wisconsin Congressman Paul Ryan of preventing the Federal Reserve chairman from enacting…
Former AmEx CEO Bashes Buffett's Call For Higher Taxes on Rich
August 22nd, 2011 10:28 AM
As NewsBusters reported, America's media last week gushed and fawned over billionaire Warren Buffett's call for higher taxes on the rich.
On Monday, Harvey Golub, the former CEO of American Express, responded to the Oracle of Omaha in a Wall Street Journal op-ed that reveals a side of this tax story media refuse to share with the American people:
Dowd: Obama Didn't Call Congress Back Because 'It Would Have Screwed U
August 21st, 2011 10:46 AM
As NewsBusters has been reporting, the Obama-loving media have largely been gushing and fawning over the current White House resident taking a vacation on Martha's Vineyard as the economy appears to be heading into a double-dip recession.
Giving an interesting insight into the President's decision to not call Congress back from its summer break to tackle the problems facing the nation was New…
Nina Totenberg: Obama Can Save Economy With 'A Lot of Very Populist Rh
August 20th, 2011 10:26 AM
Stock markets around the world are once again imploding in fear of a global double-dip recession.
Appearing on PBS's "Inside Washington" Friday, NPR's Nina Totenberg said Barack Obama can cure what ails us with "a lot of very populist rhetoric" (video follows with transcript and commentary):
Matthews: Wouldn't it Be Scary to Have President That Doesn't Believe
August 19th, 2011 7:24 PM
Unemployment is at 9.1 percent, housing and stock prices are plummeting, national debt is exploding, and Medicare is going bankrupt.
Yet MSNBC anchor Chris Matthews' greatest fear is a president that doesn't believe in evolution or climate change (video follows with transcript and commentary):
Coulter: Upside of Media Vetting GOP Candidates - We Don't End Up With
August 19th, 2011 10:57 AM
As NewsBusters has been reporting, the Obama-loving media are working overtime examining the records of every GOP candidate for president.
"The bright side though is," conservative author Ann Coulter told Fox News's Sean Hannity Wednesday, "we don't end up with a Republican president who is suddenly having an affair with an intern, or a Republican president who votes present for his entire…
Fareed Zakaria: 'Liberals Need to Grow Up' and Stop Criticizing Obama
August 14th, 2011 11:53 PM
Liberals need to grow up and stop criticizing President Obama.
So said Fareed Zakaria Sunday on the CNN program bearing his name (video follows with transcript and commentary):
Gregory Scolds Bachmann for Listening to Public Opinion on Debt Ceilin
August 14th, 2011 9:32 PM
It appears David Gregory is a bit confused about how our system of government works.
During intense questioning of Congresswoman Michele Bachmann (R-Minn.) on Sunday's "Meet the Press," the host scolded his guest for having the nerve to actually care what the American people thought about raising the debt ceiling (video follows with transcript and commentary):
NYT Editorial: GOP Caused Downgrade and 'Invited a Double-Dip Recessio
August 13th, 2011 10:42 AM
In the view of the New York Times, everything that ails our nation is caused by Republicans.
Consider Saturday's editorial disgracefully titled "Magical Unrealism: In the Iowa Debate, Republicans Fled From the Truth About the Damage Caused by Their Party":
AP: Unemployment Claims Dip to Pre-Revised 395K Is 'Good News,' Alone
August 11th, 2011 9:32 PM
If we're to believe Associated Press reporter Daniel Wagner, this morning's report from the Department of Labor on unemployment claims revealing that initial claims during the week ended August 6 fell to 395,000, was "good news." Why, according to Wagner, that drop, all by itself, it was "enough to catapult stocks," pushing the Dow up by 423 points in Thursday's trading.
Uh, not exactly,…
Rush Limbaugh: 'The Chris Matthewses and the Media Are Very Close to t
August 11th, 2011 8:31 PM
As NewsBusters reported, MSNBC's Chris Matthews on Wednesday took some poorly-researched cheap shots at conservative talk radio host Rush Limbaugh.
Limbaugh responded Thursday explaining that this is borne of frustration over the failure of Barack Obama noting, "The Chris Matthewses and the media are very close to the rioters in London in terms of anger, disappointment" (video follows with…
Jay Carney vs. Jay Carney: Attacked Bush's 2001 'Heartland Tour,' Defe
August 11th, 2011 1:19 PM
Jay Carney, meet Jay Carney.
In 2001, the then-Time magazine reporter wrote a snarky piece criticizing President George W. Bush's month-long vacation that was billed as a "Home to the Heartland" tour. But almost exactly 10 years later Carney, now the Obama White House's press secretary, is defending President Barack Obama's Midwest job-creation tour and vacation at Martha's Vineyard.
"I don…
Scarborough: If Rush is Still Rooting Against Obama He's 'Rooting for
August 11th, 2011 12:23 PM
For some reason, in the middle of a lengthy "Morning Joe" segment dealing with President Obama's obvious failures as a leader, host Joe Scarborough on Thursday felt the need to bring up conservative talk radio host Rush Limbaugh (video follows with transcript and commentary):
MSNBC's Thomas Roberts: GOP Opposition to Govt. Spending an 'Act of Tr
August 9th, 2011 1:15 PM
MSNBC's Thomas Roberts implied Tuesday that members of Congress who oppose efforts to inject more government spending into the economy, as President Barack Obama proposed recently, are committing an "act of treason."
"Why don't people look at that as an act of treason?" the daytime anchor asked the Washington Post's Ezra Klein, who shrugged off the accusation.
"I don't think what happens is…