Just when you think liberal radio host Mike Malloy can't say anything crazier than he already has, out comes another gem.
On Monday as the President and his Party were refusing to compromise with House Republicans thereby setting the wheels in motion for a government shutdown, Malloy called the GOP "religious psychopaths" who "want women to get cancer," "girls to get sexually transmitted diseases," and "Jews to kill everybody in the Middle East" in order to "bring Jesus back!" (video follows with transcript courtesy Radio EQ):
As NewsBusters previously reported, Tea Party Congressman Raul Labrador (R-Id.) on Sunday's Meet the Press made a fool of MSNBC's Chris Matthews over his lack of knowledge regarding how many times the government shut down when his former boss Tip O'Neill was Speaker of the House.
As it turns out, the Washington Post also mocked Matthews for his ignorance last Thursday in a piece deliciously titled "Sorry, Chris Matthews: Tip O’Neill and Ronald Reagan Were Terrible at Averting Shutdowns."
Chris Matthews has a new book out about his former boss the late Speaker of the House Tip O'Neill.
Despite this, the MSNBC host was made a fool of on Sunday's Meet the Press by Tea Party Congressman Raul Labrador (R-Id.) concerning how many times the government was shut down when O'Neill ruled the House (video follows with transcript and commentary):
Most of America’s media think President Obama's 2009 bailout of General Motors and Chrysler was a huge success.
Former Massachusetts Democratic Congressman Barney Frank threw cold water on this meme on NBC’s Meet the Press Sunday correctly informing viewers that the auto bailout lost money for the federal government. By contrast, we made money from George W. Bush's 2008 bank bailout (video follows with transcript and commentary):
I guess we should acknowledge a tiny improvement when an ordinarily in-the-tank apparatchik like Jim Kuhnhenn at the Associated Press expresses even the slightest bit of skepticism about a White House claim.
But let's not take it too far. Kuhnhenn is reporting in a brief "Big Story" item this morning that President Obama "is laying claim to an economic turnaround and warning Republicans not to risk a backslide by threatening a government shutdown or a debt default." Kuhnhenn's skeptical points are that "The economic scorecard is mixed. ... Growth has been tepid and unemployment remains high." His five-paragraph report, reproduced in full for fair use and discussion purposes, follows the jump.
If we're to believe Tom Raum's Friday afternoon report at the Associated Press, aka the Administration's Press, the economy is humming along smoothly enough that we really shouldn't think about it that much any more, especially as something to consider when voting. And besides, it's being "eclipsed" by "other pressing events."
I'll stay away from those other "events" in the interest of concentrating on the 3-1/2 paragraphs Raum employed to convince readers that things really are okay, followed by a quote from a reliable leftist apparatchik (bolds and numbered tags are mine):
Potentially the most dishonest aspect of the Obama-loving media's reporting since January 20, 2009, pertains to how they've almost totally ignored how poorly the economy is performing.
On Tuesday, Michael T. Snyder, author of the gloom and doom book "The Beginning of the End," wrote a fabulous piece titled "33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became President":
A November 15, 2010 blog post by Michael S. Derby at the Wall Street Journal ("San Francisco Fed Official Says QE2 Is Working") told us that "The Federal Reserve‘s recently announced plan to buy $600 billion in Treasury securities to improve economic growth is having a positive effect on growth." The Fed official involved also predicted "the U.S. gross domestic product to come in at 2.5% this year (2010), and at 3.5% next year and 4.5% the year after that."
Uh, not exactly. Actual GDP results: 2.5% in 2010 (that was a gimme), followed by 1.8% and 2.8% in 2011 and 2012, respectively. Almost three years letter, the San Fran Fed's acknowledged result of that effort at "quantitative easing" — it "added about 0.13 percentage point to real GDP growth in late 2010" — is starkly different, and is only "positive" if you think a football team managing one field goal in four quarters is "positive." Of course, though it should be, the news is getting very little coverage.
Ed Schultz has spent weeks blaming Detroit’s recent bankruptcy filing on Republican policies, even though the city has been firmly in Democratic hands for decades. The bombastic MSNBC host has called the city a “conservative utopia,” arguing that Republican anti-union policies have “gutted Detroit.”
Schultz’s latest tirade came on Saturday’s The Ed Show, when the left-wing host bizarrely claimed that Republicans have “taken democracy away from Detroit.” Schultz further suggested that Republicans “circumvent[ed] local elections in this country” and “discard[ed] what people want and say about their communities.”
ABC This Week viewers on Sunday were treated to a classic socio-economic debate between liberals and a lone conservative.
With the issue at hand being Detroit's announced bankruptcy and whether the federal government should bail it out, the liberal view was championed by the Nation's Katrina Vanden Heuvel and MSNBC's Steve Rattner. On the right was George Will who clearly won the scrum despite being tag-teamed (video follows with transcript and commentary):
Yesterday, President Obama gave another warmed-over version of the same economic policy speech that’s been given for the past five years at Knox College in Illinois. He saved the automobile industry. He’s overseeing an economic recovery. Republicans are intransigent. And he’s the best person to ever breathe oxygen on this planet. Yada, yada, yada.
Now with polls showing a record number of people calling for the repeal of ObamaCare, the president needed to pivot towards, well, jobs – again. Not that the liberal media have noticed the maddeningly repetitive same-old, same-old of it all. We’re getting to the point where the media should be calling the president out on this tactic, although with very few exceptions, no one's doing that.
On his eponymous Sunday program, Ed Schultz blamed Republicans for Detroit’s recent bankruptcy filing, implying that the GOP is “happy to see Detroit go bankrupt” and that Governor Rick Snyder (R-Mich.) is “swindling public workers out of their hard-earned pensions.” Schultz accused Republicans of wanting to “quit” and “surrender” on Detroit, launching into a 13-minute diatribe against Snyder and Republican policies of “free trade and outsourcing.”
The bombastic MSNBC host was also critical of Snyder’s efforts to remove blighted structures in the city, an effort funded by the Obama/Lew Treasury Department. Schultz blasted the federally-supported undertaking, claiming Snyder “wants to spend money to destroy the city”:
CBS's Bob Schieffer got a much-needed lesson in recent history Sunday.
During a Face the Nation discussion with House Speaker John Boehner (R-Oh.), after the host wrongly claimed sequester was "the creation of Congress," Boehner interrupted him saying, "That's wrong. Who insisted on the sequester? The President of the United States" (video follows with transcript and commentary):
Martin Bashir on Tuesday said New York Times columnist Paul Krugman "deserves the Nobel Peace Prize."
Yes, the MSNBC host said Peace Prize - not one for economics - all because the perilously liberal economist has advocated more deficit spending and even more federal debt to stimulate the economy (video follows with partial transcript and commentary):
Usually movie makers strive to stay ahead of the cultural curve. It makes them “visionaries,” who are “cutting edge,” because they “push the envelope.” Two years ago, “Occupy Wall Street” was the hot fad, stoking the usual left-wing outrage at bankers and the finance industry, who were portrayed as greedheads never held accountable for their crimes. Businessmen just twirl their mustaches and laugh evil laughs.
But that was two years ago. Time for something fresh – and edgy. A new movie suggests that movement was for sissies. It’s time for someone to start a new campaign: Assassinate Wall Street.
Recent college grads are in a tough spot, with student loans that need repayment and an economy that is leaving many of them underemployed or worse. But the network news media have exaggerated individual burdens of student debt by using examples of enormous rather than average debts. They’ve also often ignored systemic problems that have led to the “crisis” of student loan defaults, at the same time that the left has called for bailouts.
When network news stories include college students who talk about how much they owe for their education, the average amount was a whopping $66,833. But the 2012 average student loan debt, was much lower: $27,253.
“Assault on Wall Street,” directed by Uwe Boll and starring Dominic Purcell, takes the liberal agenda to a whole new level. Every possible liberal ideal – anti-gun, anti-capitalism, the evils of health insurance companies, crazy gun supporters – is depicted in this 1 hour and 39 minute movie, which was released on May 10 in limited theaters and on Amazon instant video.
Within the first ten minutes, viewers were introduced to evil Wall Street executive Jeremy Stancroft (John Heard) saying, “Our responsibility begins and ends with our partners and shareholders and that is it.”
MSNBC is well-known for excusing the failures of President Obama, usually by blaming Republican “obstructionism” for Obama’s faltering agenda. If that doesn’t work, they will pretend that the Obama administration is free from guilt regarding any criticism it may receive, essentially living in denial.
Take the Monday May 13 edition of Now w/ Alex Wagner when Time magazine assistant managing editor Rana Foroohar ridiculously asserted in light of the IRS/Tea Party scandal that, “What’s so sad about it is the president has been very rightfully proud of the lack of scandal in his administration so far.” [See video after jump. MP3 audio here.]
Having two months ago said that his high taxes were leading him to consider dumping liberalism, HBO's Real Time host said Friday, "If you’re rich you should be begging the government to redistribute your wealth" (video follows with transcript and commentary):
Update (April 5): Fisker has laid off three-quarters of its workforce at its headquaters in Anaheim, owes DOE approximately $193 million | With a substantial repayment of the $529 million loan guarantee it received almost four years ago -- courtesy of the U.S. taxpayer -- coming due at the end of the month, the electric car company Fisker is exploring the idea of filing for bankruptcy before then. Sources have confirmed that an influential law firm from Chicago has been hired to help with the proceedings.
The major networks have been reticent on the subject however, as if they have no intention of breaking the next Solyndra-like scandal. It should be noted that no cars have been built since last July, and 200 of Fisker's American employees were recently furloughed.
The saga all began in 2009 when the Obama administration handed out $1 billion worth of loans to two electric car manufacturers, Fisker and Tesla. The latter appears to be on the verge of becoming profitable, but that assumes there's going to be a substantial number of people willing to pay near $1200 per month in leasing charges.
Fisker promised to do the majority of its auto assembly in Delaware, home of Vice President Joe Biden. Private investment partner Al Gore predicted that tens of thousands would be rolling off the the assembly lines there someday. But alas, two years later, it was revealed that production had shifted to Finland, where 500 workers had been hired to build the $100,000 cars called Karma.
Another report exposed that only 40 cars had been built at the time, and just two had been delivered. One of which was to actor and environmental activist Leonardo DiCaprio. Adding insult to injury, over 230 were recalled in late 2011 because of a fire hazard risk in the battery compartment. Luckily, very few were in the hands of consumers anyway.
Asked for comment back in October of 2011, founder and executive chairman Henrik Fisker was defiant. "We're not in the business of failing; we're in the business of winning," he said. "So we make the right decision for the business. That's why we went to Finland." Nearly a year and a half later, he would resign from the company that bears his namesake - citing 'differences with company management' in a March 2013 statement.
Now that the Kirkland & Ellis law firm is getting involved, to presume that a bankruptcy filing is coming isn't far-fetched. We'll keep our eyes open for the media's attention to this, but we're not holding our breath.
To his credit, the Washington Post's Zachary A. Goldfarb reported yesterday that the Obama administration is possibly repeating the same policy mistakes that sank the housing market. To get to the heart of the matter, our national housing bubble quickly inflated as a result of too many people with poor credit buying homes that they couldn’t afford. As that number multiplied, banks created more unstable mortgages to keep up with demand until eventually the bubble burst
Well, it seems that Mr. Obama is pushing banks to restart this self-destructive economic policy. Goldfarb wrote:
As I noted earlier this evening, Obama spoke last week under a banner of Yasser Arafat, "the father of modern terrorism." That move is being seen as a gaffe by the very few, almost none of whom are in the establishment press, who have even noticed it. What if it's not a gaffe, but rather an intentional move? That may be the case if what Al Arabiya reported on Friday, seen after the jump, is indeed true (HT Examiner.com):
While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs.
In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that following the 2008 financial crisis, "It was the Fed, not the fiscal stimulus, which prevented a fall into depression."
As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening.
Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):
New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening.
At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):