CNN's Piers Morgan hosted New York Magazine columnist Frank Rich for a conservative-bashing session on Thursday. Morgan took the opportunity to ask his liberal guest if the Tea Party can even govern.
"But can they actually govern? Or does the rather intransigent streak that they bring to all that policy-making, is that always going to be the problem?" Morgan asked. Rich responded that the Tea Party's refusal to compromise on the debt ceiling was "temper tantrum-throwing and pure, you know, far right ideology."
Next week, President Obama will unveil his jobs plan. Details haven't been revealed, but that didn't make a difference today on CNN's American Morning. Anchor Carol Costello announced the day's "talk back" question and anchors Ali Velshi and Christine Romans promptly chimed in:
As NewsBusters reported moments ago, a solar company the Obama administration loaned 535 million taxpayer dollars to as part of the 2009 stimulus plan filed for Chapter 11 bankruptcy Wednesday.
Although it's still too early to gauge how the rest of the president's fans in the media will cover this if at all, NBCBayArea.comreported the local event in a rather shocking fashion under the headline "Solyndra Filing a Disaster for Obama":
Two weeks ago (at NewsBusters; at BizzyBlog), yours truly pointed out how establishment press coverage of the bankruptcy of Massachusetts-based Evergreen Solar had emphasized its Bay State assistance, and only rarely brought up how it benefitted by being able to sell solar panels it otherwise would probably not have bothered to produce to projects benefitting from American Recovery and Reinvestment Act ("stimulus") dollars.
On August 17, Larry Dignan of ZDNet, in an item published at CBSnews.com, tried to convince readers that Evergreen's failure was not indicative of an industry meltdown (bolds are mine):
Poor President Obama. There's only so much he can do to lift the economy. He's tried so much already, yet somehow it just hasn't worked. Now his options are limited by those darned Republican demands for "fiscal austerity" and a "tight debt ceiling" (of "only" $2.4 trillion) which was only raised by enough to get him through his reelection effort (in 14-1/2 months).
This is the utter garbage in a Tuesday morning report ("Obama faces tight restraints in crafting jobs plan") the Associated Press's Jim Kuhnhenn expects his wire service's readers, listeners, and viewers to swallow, and its subscribing media outlets to non-skeptically publish and broadcast.
In his Friday column ("Failing Forward"), published in Saturday's print edition, the New York Times's Charles Blow really blew it in attempting to relay an abortion-related statistic from the abortion-supportive Alan Guttmacher Institute. Blow wrote (shown here) that "the unintended pregnancy rate has jumped 50 percent since 1994."
The Times has since corrected the column to reflect what the Guttmacher Institute reported, which is that (italics are mine) "the unintended pregnancy rate among poor women has jumped 50 percent since 1994." LiveAction.org's Lisa Graas and Jennie Stone both noted Blow's blunder earlier today. Each also strongly and eloquently criticized Blow for his profoundly antilife attitudes. Additionally, the Times columnist used a "from 2000 to 2009" statistic about child poverty to mask the fact that most of the rise in that statistic occurred during the final year of that time period, i.e., the first year of the presidency of you-know-who.
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:
In an entertaining interview with Tamron Hall on MSNBC this afternoon, Dem congresswoman Frederica Wilson of Florida cited "racism" first among causes of high black unemployment. She also: called for a second stimulus; said now is not the time to criticize President Obama; took a sideways swipe at Maxine Waters; and asserted President Obama would be defeated for re-election if he tried to help the black community. Video after the jump.
In an interview with former press secretary and current Obama campaign advisor Robert Gibbs on Sunday's Meet the Press, substitute host Savannah Guthrie pushed the President from the left: "If the President thinks more should be done, if he thinks there should be more stimulus, why doesn't he just go for broke? Why doesn't he go out there and ask for it, make a case for it?"
Guthrie worried that Obama was "pre-settling" and that, "He's making a political calculus about what he thinks might be able to pass and not getting out there and fighting for what he thinks is best of the economy." Gibbs responded: "...the President's going to fight for exactly what he believes is best for the economy because he's done that every single day he's been president. But you just mentioned it, Savannah. What can get through Congress?"
While campaigning President Obama promised to create 5 million “green” jobs, and shortly into his term he announced a “task force” to do just that. His stimulus package included tax credits for renewable energy companies, allotted funds for weatherization and more. Now with the economy once again on shaky ground the President may pivot back to jobs in September, specifically of the “green” variety.
More than two years later after those initiatives began, the results are dismal. In fact a number of the very companies the Obama administration touted as future job creators have gone bankrupt or had to lay off employees instead. But you won’t hear about this from ABC, CBS and NBC very often.
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):
On August 15, the Boston Herald, the Boston Globe, and the Associated Press all reported that Massachusetts-based Evergreen Solar had filed for Chapter 11 bankruptcy. Oddly enough (no, not really), The New York Times, which published a 1,600-word report in January (HT to an NB emailer) on the company's competitive difficulties, did not take note of Evergreen's filing.
Each of the three reports cited gave readers the impression that Bay State agencies were the only ones which had provided the company any form of financial assistance during the past several years during which, according to its latest 10-K annual report (large HTML file), it was losing hundreds of millions of dollars annually (about $950 million in the past three calendar years):
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:
Sometimes I wonder how liberal media members could possibly live in the same country as I do and hold such startlingly absurd ideas about it.
Take for example FareedZakaria who on the CNN program bearing his name this Sunday is going to tell viewers that America would likely still have a AAA credit rating if we had a parliamentary system of government with a prime minister rather than a president (video follows with transcript and commentary):
NPR's Scott Horsley apparently couldn't find any conservatives for his report on Thursday's All Things Considered, as he played nothing but sound bites from President Obama and former economic advisor Jared Bernstein. The two boosted a possible mini-stimulus, including "help for public works projects." Horsley played four clips from the President and two from Bernstein during the segment.
RNC Chairman Reince Priebus got into a somewhat testy exchange over the President's lack of a jobs plan with CNN's Christine Romans on today's American Morning. "Sounds like you're the one with the talking points," Priebus replied to Romans's assertion that he was just repeating GOP talking points.
Priebus also noted that only congressional Republicans had offered any solutions to the nation's economic problems. "I don't know if you're paying attention to what is happening in Washington, but it was the Republicans that offered a budget plan that addressed the out of control spending and out of control debt that is looming in regard to Medicare. It was Paul Ryan who presented a plan," said Priebus.
President Obama will deliver a major address soon after Labor Day seeking to pressure a special Congressional committee to propose new measures to promote job creation as well as larger long-term deficit cuts than mandated, aides said Wednesday.
All joking aside about "if Obama has lost [fill in the blank], he has lost America", there was a stunning display today of a formerly ardent supporter condemning in the most fundamental terms President Obama's failure of leadership.
On Morning Joe, leftist Columbia Prof. Jeffrey Sachs absolutely scalded the president. Declared Sachs: the stimulus failed. Three years in, Obama has no plan, and is providing "no leadership." Ouch. View video after the jump.
On Thursday, Forbes's Robert Lenzner claimed the U.S. needs a second stimulus, and CNN's financial gurus Richard Quest and Ali Velshi were content not to challenge his point. Velshi even acknowledged later that the country needs to "stimulate employment" through tax benefits to small businesses.
"What we really need, but unfortunately we're politically behind the eight-ball is, we need an enormous stimulus program of say, $200 billion to put to work all these people from the construction trades and building and real estate that are out of work," Lenzner insisted.
While the media are sharpening the knives against Republican presidential aspirant Gov. Rick Perry on the nature of jobs created under his watch in Texas, fairness would dictate a look at the Obama administration's jobs record, particularly on his pet project of ushering in the age of renewable energy and with them "green jobs."
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):
On Sunday's "Fareed Zakaria GPS," New York Times columnist - and, ahem, Nobel laureate - Paul Krugman actually advocated space aliens attack earth thereby requiring a massive defense buildup by the United States that would stimulate the economy (video follows with transcript and commentary):