The morning after a contentious vote in which over 100 House Democrats revolted against the Democratic president's proposed tax package, NBC congressional correspondent Kelly O'Donnell chose to frame the debate as a resounding victory for the White House.
Appearing on MSNBC's "Daily Rundown" today, O'Donnell was only willing to admit "some" Democratic opposition to the extension of current tax rates for all Americans, which will prevent an across-the-board tax increase in January.
Instead of reporting that 112 Democrats turned against President Barack Obama and House Speaker Nancy Pelosi, O'Donnell emphasized that the votes were evenly split between Republicans and Democrats, 138 to 139, respectively. For O'Donnell, 45 percent of the president's party defecting represents only "some" opposition.
For Chrystia Freeland, the thought of only taxing wealthy estates 35 percent is "destructive to the fabric of America." The Reuters global editor-at-large went on a ear-piercing tear this afternoon on MSNBC's "Dylan Ratigan Show," stoking the flames of class warfare.
"[The wealthy] were just born–it's the lucky sperm club, right?" screeched Freeland. "I don't think American wealth should be determined by that."
Politics Daily contributor Matt Lewis, for his part, tried to maintain a civil discourse, but Freeland repeatedly interrupted him to interject her inflammatory rhetoric.
"I thought the philosophy was against a landed gentry," asserted an indignant Freeland. "I thought the philosophy was against an aristocracy. I thought the American way was you build it yourself and everyone was born equal."
Liberal media members opposed to President Obama's tax cut compromise plan have been making the case that it's hypocritical of the Tea Party not to be universally against the measure given its impact on the deficit.
After Ed Schultz and Bill Press not surprisingly took this view on Monday's "Ed Show," Michael Medved gave them both a much-needed education on the subject (video follows with transcript and commentary):
Charles Krauthammer on Friday scolded Mark Shields and other liberals for "moaning and bitching" about the President's compromise tax plan after months of demanding the White House implement a second stimulus package.
After Shields on PBS's "Inside Washington" predictably criticized Obama for agreeing to extend the Bush tax cuts on the so-called rich, Krauthammer marvelously struck back (video follows with transcript and commentary):
Charles Krauthammer on Monday said that when Barack Obama spoke to the nation hours ago to announce a tax extension compromise just reached with Republicans, "It was actually a speech addressed at Daily Kos, the New York Times, and MoveOn."
In Krauthammer's view expressed on Fox's "Special Report," "This was a speech aimed at appeasing the Left which is extremely angry over this" (video follows with transcript and commentary):
At the Associated Press late Sunday afternoon, reporter Paul Wiseman, who may have the most inappropriate last name in the history of business journalism, engaged in a brazen "It's really not that bad" excuse-making exercise on behalf of the economy Barack Obama, Nancy Pelosi, Harry Reid, and Ben Bernanke have created. In the process, he joined a Reuters reporter in questioning the validity of the information Friday's Employment Situation Report.
From the same organization that gave us the ‘lives touched’ method for calculating stimulus job creation, the Department of Energy (DOE) has now stumbled upon a whole new way to increase employment.
The Environmental Protection Agency on Wednesday announced that they are investigating ‘an uncontrolled spread of radioactive material’ at the Knolls Atomic Power Laboratory in Niskayuna, New York. Elevated radiation levels have been confirmed in the air surrounding the site, as well as the Mohawk River which was deluged with over 600 gallons of radioactive water. The radiation stemmed from an incident in late September when workers attempted to take down a building – building H2 - at the site.
Worse, the DOE failed to notify local officials of the spill, leaving those who rely on their water supply from the Mohawk completely oblivious to the potential health and safety issues.
The Albany Times Union obtained a copy of a report filed by investigators for the DOE, which cited “an atmosphere of fear among the work force not to speak up about issues of concern”. The report reveals the main reason that workers for the Washington Group International (WGI), a private company contracted to clean up the Cold War-era facility, felt pressured to ignore safety issues:
The company was pushing to finish work three months earlier than first planned -- by September 2011 rather than December 2011 -- in order to receive an extra $32 million in federal stimulus funding awarded for the cleanup in April 2009.
In no uncertain terms, Rush Limbaugh (link will become unavailable in seven days) ripped into an Associated Press report today on the alleged perils of allowing unemployment benefits to expire for what the Labor Department says is nearly 2 million unemployed:
I have not had one class in economics since high school in the 1960s -- not one -- and I understand more about this through my own self-education than these wizards at the AP. And I'm still convinced they just repeated it. They just printed a fax from Pelosi's office or whatever. ... After 23 years and we still get trash like this in our major, #1 wire service. I guarantee you whoever wrote this story is an absolute, abject ignoramus. I don't know about you, folks, but I don't like being surrounded by stupidity.
The chief ignoramus in question whose name Rush didn't have is the misnamed AP Economics Writer Paul Wiseman, with the ignorant assistance of Christopher Rugaber. Behold their ignorance:
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 20 months, and the historic elections that just took place on November 2, Times columnist Tom Friedman actually thinks Americans aren't interested in reducing the federal deficit but are instead yearning for higher taxes and greater government spending:
New York Times columnist Paul Krugman on Friday said the reason so many Republicans are opposed to the Federal Reserve's new monetary stimulus scheme of quantitative easing is because they really want the economy to stay weak in order to harm President Obama.
Readers are advised to strap themselves in tightly in preparation for the paranoid lunacy on display:
Gosh, what's a bigger story -- that to the extent it was ever happening at all the housing recovery "seems to have been aborted," or that according to the government there was very little inflation in October?
When you increase demand for something, its price should go up.
In the case of bonds, if the demand for them increases, their price should go up, and their effective interest-rate yield should go down.
That didn't happen on Friday when the Federal Reserve began executing its second round of "money from nothing" quantitative easing. Even though the Fed increased demand, bond prices went down and yields went up.
Why? If you read a late Friday afternoon report by the Associated Press's Matthew Craft you essentially get a bunch of blubbering "I don't know" statements (bolds after headline are mine):
Bill Press this weekend said Barack Obama has created more jobs in the past 20 months than George W. Bush did in his entire eight years in office.
As readers will see from the actual data compiled by the Bureau of Labor Statistics, Press's comments made on the "McLaughlin Group" were so false it's laughable (video follows with transcript and commentary):
Bill Press says what most liberals in the media will only shroud in cryptic code: the voters who swept Democrats out of power in the House are stupid.
During the first hour of his eponymous radio program today, Press wished more liberal politicians would just say what they really think about the constituents they ostensibly serve: "Just once – probably never get reelected if you ever said it – I would like to hear somebody say, 'The voters have spoken, the bastards.'"
The left-wing talk show host suggested a few variations of the insult:
"Or, 'The voters have spoken. What a bunch of idiots.'"
"The voters have spoken. God, they're dumb. Dumb as hell."
The Democrats' "localized approach to the midterms is understandable, defensible—and wrong. The best way to keep control would have been a national message targeted at independents," Newsweek's Jonathan Alter complained yesterday in an article at the magazine's website.
And what exactly should the Democrats have touted in a national campaign strategy for the midterms? Why, shovel-ready infrastructure jobs, of course:
Exploring the question, "Why Are Democrats Down in Pennsylvania?" Newsweek's Ben Adler determined the answer was fairly simple: not enough stimulus spending to benefit the rural areas of the Keystone State, which he says is "sometimes called 'Pennsyltucky'" by virtue of its being largely "white, rural, blue-collar, and poor":
The Washington Post is now farming out its liberal hit pieces to outside journalism groups. On the top of page A3 Monday was a story from the liberal Center for Public Integrity slashing Republicans (and conservative Democrats) as hypocrites for voting against the so-called “stimulus” but then sending constituent requests for “stimulus” support. This, by now, is a very tired White House talking point from February, but reporters John Solomon and Aaron Mehta were retreading it anyway:
Rep. Pete Sessions, the firebrand conservative from Texas, has relentlessly assailed the Democratic stimulus efforts as a package of wasteful "trillion-dollar spending sprees" that was "more about stimulating the government and rewarding political allies than growing the economy and creating jobs."
But that didn't stop the Republican lawmaker from seeking stimulus money behind the scenes for the Dallas suburb of Carrollton after the GOP campaign against the 2009 stimulus law quieted down....
Only the New York Times could burn through 2,500 words about Japan's economy and not use the word "stimulus." The Old Gray Lady's Martin Fackler did refer to Fed Chair Ben Bernanke's just-announced second attempt to "stimulate" economy, but dodged the central lesson: The government created the Japanese people's malaise, and our government, despite Japan's experience, seems determined to do the same to us.
The Times item is the first in a series, so I suppose Fackler may get around to it in subsequent reports, but it doesn't seem likely.
Here are some paragraphs from Fackler's report that show how intent he and the Times were on not getting to the real root causes of Japan's nearly two-decade malaise (bolds are mine):
There is a simple explanation for President Obama's dismal approval ratings, but ABC's George Stephanopoulos fails to comprehend it. Appearing on the October 13 "O'Reilly Factor," the former Clinton adviser peddled multiple theories to explain Obama's unpopularity, but neglected to consider the possibility that the president has simply failed to connect with the general public.
"As far as the problem with Democrats, they're upset about the economy, but he has also got a problem with liberals, who wish he would have done more on issues like gays in the military, on health care, on other issues," asserted Stephanopoulos.
The argument that Obama's approval rating is suffering because his policies have not been liberal enough shows just how disconnected this political flak-turned-journalist is with the public he ostensibly serves. Obama's approval rating is not hovering around 43 percent, as the latest Reuters poll indicates, because liberal activists, who represent a small percentage of the population, have been abandoning the president in droves. Rather, Obama is floundering because his support among independents and swing-voters has evaporated. In that same poll, according to Fox News host Bill O'Reilly, Obama has a 33 percent approval rating among Ohio voters.
It’s quite remarkable to think about and unfortunately it is true.
Throughout the 2009 stimulus debate early in his term, President Barack Obama and other Democrats argue it was time to put America to work with the aid of the government and so-called “shovel-ready jobs.” But in a startling admission in an interview with The New York Times’ White House correspondent Peter Baker, Obama said “there’s no such thing as shovel-ready projects.”
So after the American taxpayers were sold a stimulus bill that was supposed to repair the country’s ailing infrastructure and stem the rise in unemployment, the president’s economic policies haven’t lived up as advertised. On the Oct. 13 broadcast of Fox News Channel’s “Special Report with Bret Baier,” syndicated columnist Charles Krauthammer offered a spot-on explanation.
NewsBusters sister site Eyeblast.tv hit the streets of Alexandria, Va., recently to see what average people think about some of the wasteful spending in the stimulus package. Needless to say people weren't too happy about how their tax dollars are being spent:
The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.
Europe isn’t socialist enough for ABC’s Christiane Amanpour, who pushed French’s finance minister about how “prominent” economists are urging Europe to abandon “austerity” since “it needs more stimulus to provide more growth,” and later during the This Week roundtable, New York Times columnist Paul Krugman ridiculed Tea Party candidates as “irrational” and “seriously strange” before he insisted that irrationality is demonstrated by their inability to recognize Barack Obama is a “centrist moderate President.”
Krugman asserted: “If we have a Republican Party that actually takes the White House, actually has control of Congress, but contains a large wing of these people, it's going to be incapable of making real choices. These are people who are as irrational as they seem in these ads.” He soon parodied the views of Tea Party enthusiasts:
There are times when you have to wonder whether liberal shills in the media are are just ignorant or dishonest.
Monday is one of those times.
Consider Nobel laureate Paul Krugman's most recent column in the New York Times entitled "Hey, Small Spender" wherein the man the Left considers to be one of the economic geniuses of our time argues that federal spending really hasn't increased under President Obama.
Most deviously, the Nobel Prize winner in economics never once actually referred to actual figures from the budget to prove his point:
George Will on Sunday once again proved how little Nobel laureate Paul Krugman actually knows about economics.
As the Roundtable segment of ABC’s “This Week” approached its conclusion, host Christiane Amanpour referred to French Finance Minister Christine Lagarde’s claim earlier in the program that her country’s economy is already growing and doesn’t need any further stimulus spending.
Krugman, who is always interested in government laying out more dollars it doesn’t have, bashed Lagarde’s view saying, “I think she's got a fantasy, which is a popular European fantasy, which bears no relationship to what's actually happening.”
With the ball nicely teed up, Will smacked a monster drive down the middle of the fairway that would make Tiger Woods proud (video follows with transcript and commentary):