Before being tapped to be one of the moderators at CNBC's upcoming Republican presidential debate, John Harwood was ranting against the GOP for causing the summer debt crisis. Appearing on NBC's Today in July, Harwood warned: "...the House Republican caucus...would not accept what President Obama needed to make a deal...It's crazy politics, what they're doing..."
When the U.S. later lost its AAA credit rating in August, Harwood again appeared on Today to proclaim that the downgrade had provided President Obama with "a tangible consequence to point to for Republican brinksmanship on the debt and deficit reduction deal.”
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 economy is going off a cliff...I think that that's what we ought to be talking about" (video follows with transcript and commentary):
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):
America's richest man isn't going to make President Obama, the folks in the Occupy Wall Street movement, or their respective supporters in the media happy.
Appearing on ABC's This Week Sunday, Bill Gates laughed when asked about the Buffett Rule saying, "You can't raise the taxes we need just by going after that one percent...to really deal with the deficit gap we're talking about, that alone just numerically is not going to be enough" (video follows with transcript):
There was a truly marvelous exchange between syndicated columnist Charles Krauthammer and NPR's Nina Totenberg on Friday's "Inside Washington."
When Krauthammer pressed her on why President Obama didn't embrace the Bowles-Simpson plan to reduce the budget deficit, Totenberg replied, "Don’t make me the spokesman for the White House," leading him to deliciously ask, "What would be new about that?" (video follows with transcript and commentary):
A number of Democratic members of Congress came out Wednesday throwing their support behind the protest known as Occupy Wall Street.
Fox News's Neil Cavuto interviewed one of them on Your World marvelously asking Rep. Dennis Kucinich (D-Oh.), "So why didn’t you celebrate when Tea Partiers were running around the country and protesting all the spending and protesting the budget and the debt getting out of control? I don’t remember you glomming on to that one" (video follows with transcript and commentary):
As young, foolish, unemployed Americans Occupy Wall Street, liberals in the media have predictably cheered the protests.
Some, like schlockumentarian Michael Moore, participated in the goings on, telling the crowd last week that the folks inside the buildings surrounding them were solely responsible for the nation’s economic woes (video follows with transcript and extensive commentary):
Liberals love to put comedian Jon Stewart up on a pedestal as being the most intelligent man on television aware of all that's impacting the nation.
On Wednesday's "Daily Show," guest Bill O'Reilly of Fox News exposed the host for having missed a major story last week about almost unthinkable waste in government spending (video follows with transcript and commentary):
On Monday's Early Show, CBS's Jim Axelrod pressed Gov. Mitch Daniels to anything derogatory about the Republican presidential field, leaving the Indiana politician little time to say anything about his new book. Axelrod also devoted a significant amount of time during the interview to the question of whether New Jersey Governor Chris Christie would get into the presidential race.
The substitute anchor led the segment with the issue of the recent Florida straw poll, which businessman Herman Cain won: "Cain didn't just win in Florida this weekend. He had more votes than both Governor Romney and Governor Perry combined. What does that tell you about the state of the Republican field?" After his guest gave an initial answer, Axelrod followed up by asking, "When you see what's happening with the inability for a single candidate to, sort of, get some traction, does it make you rethink your decision, at all, to get out of the race?"
Interviewing former Vice President Dick Cheney at the Reagan library, CNN’s John King recalled how former President George H.W. Bush “made an incredibly tough personal and political choice” to raise taxes. King touted how Bush “had the courage knowing it might cost him re-election.”
As he and Cheney sat overlooking the Air Force One Pavilion, King pointed to Bush as a model for Republicans today: “There are some people now saying that we need a moment like that and that the Republicans should give President Obama some tax increases as long as they get from him significant spending cuts and a big deficit reduction package. Should Republicans learn from George H.W. Bush and sit down with the President and cut a deal?”
It’s good to see the editorial board at the Times Union isn’t even bothering to mask their liberal bias these days. Via a blog known as The Observation Deck, which boasts some of the more prominent members of the newspapers staff, including editor and vice-president, Rex Smith, editor-at-large, Harry Rosenfeld, and publisher George R. Hearst III, the Union has been printing some of the most biased editorials in New York media in recent weeks. Yesterday’s entry was no different - completely lacking in substantiating facts, and holding a unique disdain for economic reality.
The title of the editorial in question parrots the Obama stance on taxes in a nutshell – Class Warfare? No, Fairness. And the opening statement leaves little question as to whether or not the newspaper will be offering valuable criticisms and analysis, or whether they will remain loyal liberal lapdogs:
“President Obama has declared it is time to take action on taxes because people in the middle class are paying a larger percentage of income tax than the super-rich,” ABC anchor Diane Sawyer announced Monday night without bothering to note, as neither did CBS nor NBC, that the super-rich are already paying a disproportionate share of income taxes.
ABC reporter Bianna Golodryga, who is married to former Obama OMB chief Peter Orszag, assured Sawyer that Obama would not raise taxes immediately, but insisted “the more secure a plan is right now the better it will be in the long run.” (For who?) Sawyer, as if there is a rebound now: “So let the recovery continue?” Golodryga: “Continue now, but have a plan in place to raise taxes over the next few years.” Sawyer related: “They say for fairness.”
A few days after he hit Republicans from the left when he moderated a presidential candidates debate on MSNBC, NBC’s Brian Williams pressed President Barack Obama with the concerns of Obama supporters to the President’s left (“Members of your base are asking: ‘When are you going to get your Harry Truman on?’” and “What do you say to those Americans who voted for that man on the poster that said ‘Hope’?”).
In between, he empathized with how Obama had to deal with an irrational House Republican caucus, ie the Tea Party members. (Video after the jump)
CBS's Early Show on Monday devoted two segments and a news brief to the Obama "jobs bill," but in none of the three stories did they allow a single Republican to speak. Correspondent Bill Plante filed a report that was almost all Obama soundbites -- and to make the sound of a sales job complete, it even included a clip of a TV ad from the Democratic National Committee to help push the $447 billion "stimulus" package.
Plante led the 7 am Eastern hour with his report on the President's legislation, and mentioned the Republicans only in passing: "He's [Obama] been saying that both Republicans and Democrats support the kinds of ideas that he's got in this job bill. But he knows that Republicans are reluctant to embrace the kind of spending he wants. So, he's taking his case directly to the voters, as he did Friday in Richmond, Virginia."
It certainly wasn't a Paul Krugman moment, but is the tenth anniversary of the biggest attack on our mainland a good time to say, "Fifty years from now, we might even look at 9/11 as simply the beginning of the decline of America?"
That's what Fareed Zakaria said Sunday on the CNN program bearing his name (video follows with transcript and commentary):
America was in a post-stock market bubble bursting recession, had just suffered its worst mainland attack in its history, and New York Times columnist Tom Friedman believes ten years later all would have been made right if the President of the United States on September 12, 2001, had raised taxes.
It appears one should never say in Christiane Amanpour's presence Barack Obama isn't ideologically flexible.
When former Congressional Budget Office director Douglas Holtz-Eakin did so on ABC's "This Week" Sunday, the host pushed back, "Do you think that’s true that he hasn’t shown flexibility since he's, he’s sort of come completely to the Republican tenor of the debate?" (video follows with transcript and commentary):
On ABC's "This Week," the Nobel laureate told host Christiane Amanpour, "If Obama called for endorsing motherhood, the Republicans in the House would oppose it" (video follows with transcript and commentary):
While self-described socialist Bernie Sanders was only termed an “independent,” Hulse managed to put an ideological label on “Conservative Republicans” who are pushing to actually pay for disaster relief, through off-setting budget cuts.
George Will and Donna Brazile had a telling exchange on ABC's "This Week" Sunday.
After Will listed all the excuses President Obama makes for the poor economy, Brazile said, "I thought you were going to mention media" leading Will to smartly retort, "They're not his problem" (video follows with transcript and commentary):
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 monetary policy that would save the economy:
Alas, we lost a most desirable candidate for the White House this week, one that is not charismatic, did not write (or have someone else write) his memoir, has displayed no jump shot in public and did not leave important documents on his desk while gallivanting around the country in campaign mode and heading for vacation on Martha's Vineyard. In the first instance, I am talking about Congressman Paul Ryan. In the second, I am talking about President you-know-who. Since the day he was inaugurated, he has been campaigning for his second term, all the while expressing ambivalence about wanting a second term. That is nonsense. He is living rent-free and has that big airplane to fly about the country in.
As NewsBustersreported, 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:
Economist Ben Stein had some harsh words for Republican presidential candidate Rick Perry on "CBS Sunday Morning."
Responding to comments the Texas governor made earlier in the week concerning Federal Reserve Chairman Ben Bernanke, Stein said, "I hope he'll get some moderation in his speech, and some lessons in economics, and soon" (video follows with transcript and commentary):
As government spending supporters in the media press for a new, bolder stimulus plan to get the economy going, they love to refer to the Depression Era Hoover Dam as a shining moment in Keynesian economics.
When this surfaced on ABC's "This Week" Sunday, George Will marvelously noted, "You couldn't build the Hoover Dam today because they'd discover a snail darter in the Colorado River and would stop it" (video follows with transcript and commentary):
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 York Times columnist Maureen Dowd who wrote Sunday: