Stimulus

Dylan Ratigan joined Andrea Mitchell Monday on the list of MSNBC anchors who appear to be losing faith in President Barack Obama's leadership.

Discussing the type of president required to lead the country in times of crisis, Ratigan remarked, "Wouldn't anybody who wrote a memoir before the age of 50 be rather screwed up anyway?"

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As NewsBusters reported Sunday, Senator John Kerry (D-Mass.) set off a liberal firestorm when he called Standard and Poor's U.S. credit rating change the "Tea Party Downgrade."

On Monday's "Morning Joe," host Joe Scarborough told "terminally stupid ideologues" that "really don't understand" anything because they're "so dogmatic [they] can't think for [themselves]" to "stop using the Tea Party as a piñata" (video follows with transcript and commentary):

It wasn't enough for "Meet the Press" host David Gregory to nicely set up Senator John Kerry (D-Mass.) to blame Standard and Poor's downgrade of America's credit rating on the Tea Party Sunday.

The producers actually felt Kerry's "Tea Party Downgrade" comment was important enough to replay again at the end of the show (video follows with transcript and commentary):

As NewsBusters previously reported, MSNBC's Rachel Maddow was rewarded for lying about Rush Limbaugh on her program Thursday by getting a guest appearance on Sunday's "Meet the Press."

The top brass at NBC should be pleased with their decision for Maddow proceeded to thoroughly misrepresent the reasons Standard and Poor's gave for downgrading America's debt Friday (video follows with transcript and commentary):

Want to know just how scared of the Tea Party America's media are?

On Sunday, the Chicago Tribune's Clarence Page published a column entitled "Is The Tea Party Over?":

UPDATE AT END OF POST: AOL HuffPo responds.

Joining our growing list of media members willing to flat out lie on national television to advance their political agendas is Arianna Huffington who falsely claimed this week that securities firm JPMorgan warned its clients the debt ceiling agreement "is going to reduce our growth by a point-and-a-half."

Such was dishonestly said during a segment of CNN's "Fareed Zakaria GPS" aired Sunday (video follows with transcript and commentary):

MSNBC's Al Sharpton on Friday was being tremendously rude and dismissive to his guest the always well-mannered Tony Blankley.

So discourteous was Sharpton that at the end of the discussion, Blankley sarcastically said, "You are a very polite gentleman" (video follows with transcript and commentary):

As the prospects for Barack Obama's reelection decline, American media are getting more and more cavalier with the truth when defending the object of their affection.

On Friday, MSNBC political analyst Richard Wolffe not only lied about the adminstration's projection that unemployment wouldn't rise above eight percent if its stimulus package was enacted, he also badly misrepresented the timing of job losses during the recession (video follows with transcript and commentary):

"[I]t's difficult to escape the conclusion that America's credit rating was intentionally sabotaged by Congressional Republicans."

So wrote Yahoo Finance economics editor Daniel Gross Friday evening:

Ever the dutiful Obama shills, the New York Times on Saturday downplayed the seriousness of the announcement by Standard and Poor's that it had downgraded America's debt rating to AA+.

As you read this, imagine how this front page article would have differed if a Republican was in the White House:

New York Times columnist Joe Nocera took a lot of heat this week for writing an article calling Tea Party members "terrorists" wearing "suicide vests."

On Saturday, he apologized:

Early Saturday morning, NewsBusters asked how Obama-loving media would spin America's debt downgrade in order to blame it on the GOP.

True to form, New York Times columnist Paul wrote at his blog:

Christina Romer, the former chair of Obama's Council of Economic Advisers on Friday offered a rather strong opinion concerning the announcement by Standard & Poor's that the credit rating agency downgraded America's debt to AA+.

Appearing on HBO's "Real Time," Romer said we're "pretty darn f--ked" (video follows with transcript and commentary):

For the second week in a row, Bloomberg's Margaret Carlson got a much-needed education from Charles Krauthammer on PBS's "Inside Washington."

After Carlson gave the typical Keynesian response to Friday's unemployment report - "We’re cutting spending at a time when we should be adding spending to stimulate the economy and jobs" - Krauthammer without skipping a beat quipped, "The way it worked in ’09 and in ’10" (video follows with transcript and commentary):

CNBC's Rick Santelli had to explain the economy to MSNBC contributor Ezra Klein on today's Morning Joe (h/t Hot Air). Klein argued that another recession would "move money around in ways that are unfair."

An exasperated Santelli concisely described what was wrong with Klein's characterization of what recession does to an economy:

Last week, New York Times columnist Paul Krugman said conservative views about the debt ceiling should be censored from news reports.

On Friday's "Morning Joe," Senator John Kerry (D-Mass.) took this a step further calling on media to stop giving "equal time or equal balance" to Tea Party ideas that people like him consider "absurd" and "not factual" (video follows with transcript and commentary):

CNBC's Ron Insana asserted on today's "Andrea Mitchell Reports" that the United States does not have a debt problem. "We need more stimulus. We have a growth crisis in this country, not a deficit crisis," argued Insana. He also insisted that Europe, which also has debt problems, should not pursue austerity measures. "I think people might be looking at Europe and saying listen, they need austerity. They don't need austerity either," said Insana.

If we're to believe Paul Wiseman and David K. Randall at the Associated Press in their Wednesday afternoon report on the economy, all of the alleged solutions which might shake the U.S. economy out of its weakness either aren't available or no one has the will to try them: stimulus, infrastructure projects, jobs programs, or another round of quantitative easing. Oh, and governments are damaging the economy by "cutting at all levels."

There's nothing, they tell us -- nothing! -- besides those supposed tried and true prescriptions which could possibly improve things. To them, everything that happened in the 1980s under Ronald Reagan must be a mirage, a fairy tale that never happened. As a result, they note, our economy is starting to resemble Japan's. The fact that Japan has been in its current malaise since the 1990s because of rampant overstimulation just doesn't compute to them.

If the economy stagnates or falters in the coming months, it seems a metaphysical certitude Obama-loving media will do everything in their power to blame it on Tuesday's debt ceiling agreement rather than any of the other factors already in play.

MSNBC's Chris Matthews gave us a foreshadowing of such deception on "Hardball" when he blamed Tuesday's stock market collapse on the newly-signed legislation rather than the bad economic data announced in the morning (video follows with transcript and commentary):

MSNBC's Joe Scarborough on Tuesday mourned the "absolutely dreadful" behavior of journalists and politicians who have compared Tea Party Republicans to "terrorists," among other things. But as NewsBusters previously reported, the "Morning Joe" co-host repeatedly ignored such transgressions when they occurred on his own show.

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While the prevailing argument on Capitol Hill right now is not whether to cut federal spending but rather what programs to cut, CNNMoney is fretting over the very concept of spending cuts. You read that right, while both political parties hash out spending cuts to chip away at the growing deficit, CNN is arguing for more government spending to stimulate the economy. Apparently, President Obama's economic policies weren't carried far enough.

"If the debt ceiling goes up, government spending is most likely going down. And with the economy grinding to a halt, the timing couldn't be worse," CNNMoney's Charles Riley begins his column.
 

On Monday's "Martin Bashir," MSNBC analyst Jonathan Alter proclaimed that America would "be in a depression now if there had been a balanced budget amendment in 2009." Bashir, concurring with the former Newsweek editor, added, "Indeed."

Reacting to Rep. John Boehner's (R-Ohio) press conference about the debt-ceiling deal, Alter and Bashir mocked the speaker's suggestion that a balanced budget amendment is needed to "handcuff" Congress.

[WMV video here. MP3 audio here.]

New York Times columnist Paul Krugman is not happy with the deal Congress and the President apparently have agreed upon to end the debt ceiling impasse.

In his Monday piece, the Nobel laureate wrote, "[T]hose demanding spending cuts now are like medieval doctors who treated the sick by bleeding them":

George Will and Paul Krugman had another great debate Sunday about the role of government spending in stimulating the economy.

As the New York Times columnist predictably whined about the need for more federal spending not less, ABC's lone conservative said on "This Week," "It would be good to go to the electorate and have a Krugman election this time, saying: resolved, the government is too frugal - let's vote" (video follows with transcript and commentary):

In a "Fareed Zakaria GPS" segment to be aired on CNN Sunday and posted at the network's website Thursday, the host flat out lies about the current debt ceiling debate as well as when and why credit rating agencies began expressing concern about our nation's finances.

"Please understand that none of these things are happening because the United States is running deficits," Zakaria falsely claims. "We face downgrades and investor panic not because of our deficits" (video follows with transcript and commentary):

A trend is emerging on MSNBC's "Morning Joe," whereby guests make inflammatory statements likening conservatives to terrorists, and none of the co-hosts insist on a more elevated level of dialogue.

Following in the footsteps of Newsweek's Tina Brown and Rep. Steny Hoyer (D-Md.), two MSNBC analysts called conservatives in Congress "economic terrorists" and "crazy" on Friday, yet none of the program's co-hosts questioned the offensive choice of words or called for a more civilized tone.

Disgraced former Obama car czar Steve Rattner went first, framing Tea Partiers as suicide bombers:

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After only his third day on the job, Fox News senior White House correspondent Ed Henry was accused by White House Press Secretary Jay Carney of intentionally "creating" a dispute to please his new employer.

"I know you're creating a thing here for Fox," charged Carney toward the end of a testy exchange with the former CNN correspondent during Wednesday's press briefing.

As members of the White House press corps giggled off camera, Henry retorted: "That's not what I'm doing, you know better than that."

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MSNBC's Martin Bashir not-so-subtly suggested Wednesday that House Speaker John Boehner (R-Ohio) is a "baby" who should "go the f*** to sleep" and let Democrats deal with the debt ceiling issue.

Anchoring the afternoon program that bears his name, Bashir excoriated Boehner's latest deficit-reduction proposal, which he dubbed a "ludicrous lullaby," blaming the Ohio Republican for "this ridiculously prolonged, tortuous, and confused attempt to raise the debt ceiling."

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MSNBC's Chris Matthews Tuesday exposed his own debt ceiling hypocrisy without realizing it.

As he absurdly asked his "Hardball" guests why America isn't having a "big debate" about what the federal government should pay for - like that's not what's happening at the moment! - he relayed how his parents balanced their household budget, but never once said anything about raising revenues. It was all about what they could afford (video follows with transcript and commentary):