Only One Party Can Solve Debt Problem, But It's Running Out of Time

June 3rd, 2011 12:52 PM
Do you think it's conceivable that yet another round of dismal economic news might cause President Obama to finally dig deeply enough in his id to find some hidden humility and consider reversing course? Let's be serious. Why should he do that when it's much easier — and more profitable politically — to just demonize Republicans?

‘Too Big to Fail’ Surprisingly Fair and Entertaining

May 23rd, 2011 11:01 AM
I’ve written several articles skewering HBO for producing political projects destined to air immediately prior to the 2012 election, where the vast majority of the cast and crew are passionate Barack Obama supporters, and where the content is aimed at the Democrat’s two favorite Republican villains: Sarah Palin and Dick Cheney. So, when I sat down to watch HBO’s Too Big to Fail, I prepared…

CNBC's Kudlow: 'Serious Insider' Says NYC Mayor Michael Bloomberg Next

October 1st, 2010 3:30 PM
With what appears to be a devastating election looming for his party, is President Obama attempting to follow in the footsteps of one of his predecessors and moderate toward the center? Not if choosing Pete Rouse to replace chief of staff Rahm Emanuel is any indication,  according to CNBC’s Larry Kudlow. On the Oct. 1 broadcast of “The Call,” CNBC Washington correspondent John Harwood…

Matthews: Obama Should Replace Rahm Emanuel With Bloomberg, Gates With

September 3rd, 2010 7:54 PM
Chris Matthews must really be getting tired of watching the man that used to give him tingles up his leg continue to get crushed in the polls, for on Friday he recommended a serious shakeup in the Obama administration.First, he want's Defense Secretary Robert Gates to be replaced by Hillary Clinton."With her at the Pentagon, he would forge confidence in Middle East policy," said the "Hardball"…

Bartiromo: Stimulus Likely Didn't Save Economy –- Fed Did; Warns Oba

July 9th, 2010 2:24 PM
While some on the left side of the aisle in Congress are getting all starry-eyed about prospects of more federal stimulus spending, the first round of stimulus under President Barack Obama may have done even less to help the ailing economy than supporters claim. On MSNBC's July 9 broadcast of "The Daily Rundown," co-hosts Chuck Todd and Savannah Guthrie interviewed CNBC "Closing Bell" anchor…

Geithner Miscasts the 1930s at the G-20 Summit; AP's Aversa Lets Him G

June 27th, 2010 11:27 PM
Treasury Secretary Tim Geithner is admonishing the leaders of other countries attending the G-20 summit in Toronto to keep spending like there's no tomorrow, because if they spend like there's no tomorrow, there will still be a tomorrow. But in the gospel according to Geithner, if they don't spend like there's no tomorrow, there really won't be a tomorrow. With such blubbery logic, is it any…

Networks Fail to Expose GM's Misleading Commercial

May 6th, 2010 9:37 AM
Have you seen the new General Motors commercial? In it, CEO Ed Whitacre highlights the taxpayer-funded bailout GM received and then brags: "We have repaid our government loan, in full with interest, five years ahead of the original schedule." That advertisement (Watch it here) gives the impression that A) GM is financially stable and able to repay its debts B) the government bailout was…

CBS's Reid Rips Obama's Anti-Wall Street Populism: 'Sounds More Like P

January 25th, 2010 3:09 PM
Is the luster finally wearing off the love affair between the White House press corps and President Barack Obama? It is, if CBS White House correspondent Chip Reid's analysis of President Barack Obama's latest Wall Street proposals is anything to go by. Reid appeared on the Fox Business Network's Jan. 25 "Imus in the Morning" program and offered an update on the president's financial and…

Imus: Obama 'Jimmy Carter Stupid' Regarding Wall Street and the Econom

November 25th, 2009 10:06 AM
According to Don Imus, it's the late-1970s all over again, and not in a good way.  Imus appeared on the Fox News Channel's Nov. 24 "Hannity" program and had some disparaging words for the current administration's economic policy. He told viewers that Obama's associations with Jeremiah Wright and Bill Ayers weren't the problem (h/t Erick Erickson at RedState.com). "You had me convinced - yes…

Arianna Huffington: Is Unemployment Obama's Hurricane Katrina

November 24th, 2009 2:11 PM
As President Obama's approval rating dips below 50 percent, his devoted followers in the media also appear to be losing that loving feeling.Over the weekend it was Chris "Tingles Up My Leg" Matthews calling the former object of his affection "Carteresque."On Tuesday it was Arianna Huffington -- who has spent the entire year pushing for government-run healthcare as well as cap and trade! -- asking…

NBC's Vieira and Gregory Write Off Obama Struggles as Merely 'Percepti

November 20th, 2009 11:58 AM
At first glance it appeared that NBC's Meredith Vieira and David Gregory, on Friday's Today show, did a decent job of recounting all of the struggles the Obama administration is dealing with from unemployment to foreign policy, but ultimately the pair concluded, in every instance, they weren't actual problems, but merely problems of "perception." First up Vieira mentioned Treasury Secretary…

Media Revelation: Obama is Going to Raise Taxes

September 14th, 2009 9:19 AM
About a year ago, then-Senator and Democratic nominee Barack Obama managed to seize control of the issue of taxes from the Republican Party by promising lower taxes for "95 percent of Americans." But today it's a drastically different situation. Obama's $787-billion stimulus has been passed into law and the administration is taking on higher deficits, which will only increase if a Democrat…

Stephanopoulos Lets Geithner Blame Soaring Deficits On Bush

August 2nd, 2009 4:27 PM
A common theme of the new administration and their media minions is that all the problems associated with the economy and the rising budget deficits are George W. Bush's fault.On Sunday's "This Week," Treasury Secretary Timothy Geithner said (video available here, relevant section at 9:40):Remember we inherited a $1.3 trillion deficit. The cumulative consequences of the policies this country…

Santelli Claims Geithner 'Lying to the American People' on Monetizatio

June 3rd, 2009 2:39 PM
With the federal government issuing massive amounts of debt and the Federal Reserve purchasing it in the name of keeping interest rates down, questions have arisen about impact on the U.S. dollar. On June 2, CNBC's "Power Lunch," aired a clip of the network's chief economics reporter, Steve Liesman interviewing Secretary of the Treasury Timothy Geithner. Geithner claimed the Federal Reserve…