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May 27, 2012
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Home » Economy
  • Krugman: Scientists Should Falsely Predict Alien Invasion So Government Will Spend More Money
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Social Security

Bill Maher: Obama Didn't Support Simpson-Bowles Because Republicans Didn't

By Noel Sheppard | May 26, 2012 | 14:14

Bill Maher is either a blithering idiot, a pathological liar, or both.

On HBO's Real Time Friday, the factually-challenged financier of Barack Obama actually had the gall to say the President didn't support the recommendations of his National Commission on Fiscal Responsibility and Reform (aka Simpson-Bowles) because - wait for it! - Republicans didn't support it (video follows with transcript and commentary):

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Krugman Falsely Claims Romney Wants to Enact Greece's Failed Economic Policies Here

By Noel Sheppard | May 20, 2012 | 19:30

New York Times columnist Paul Krugman on Sunday continued his campaign to get Barack Obama reelected by misinforming the public about the economy.

Appearing on CNN's Fareed Zakaria GPS, the Nobel laureate falsely claimed Republican presidential candidate Mitt Romney wants to enact Greece's failed economic policies here in America (video follows with transcript and commentary):

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Question for Chris Matthews: How Many Lies Are You Willing to Tell to Get Obama Reelected?

By Noel Sheppard | May 19, 2012 | 10:42

I have a serious question for MSNBC's Chris Matthews: How many lies are you willing to tell on national television to get Barack Obama reelected?

On Friday's Hardball, the host gave viewers a plethora of falsehoods and half-truths to giving us an idea of just how far he's prepared to go this election cycle to make sure the objection of his affection remains in the White House (video follows with transcript and commentary):

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Fareed Zakaria Asks 'Is Democracy Part of Europe's Economic Problems?'

By Noel Sheppard | May 13, 2012 | 10:44

CNN's Fareed Zakaria asked a question this weekend guaranteed to raise some eyebrows not only on both sides of the aisle but also on both sides of the Atlantic.

On the program bearing his name, Zakaria amazingly asked Sunday if the economic problems in Europe are caused by democracy and not austerity (video follows with transcript and commentary):

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Looming Threat of Social Security Implosion Results in Just 72 Seconds of Network Coverage

By Scott Whitlock | April 24, 2012 | 13:03

Over a combined total of nine and a half hours of programming, CBS, NBC and ABC allowed a mere 72 seconds of coverage to the news, Monday, that Social Security will go bankrupt three years earlier than previously expected. ABC's World News and NBC's Nightly News skipped the subject entirely.

The same networks that offered copious amounts of stories to a vague threat of future global warming disaster, found little interest in the coming problems of Social Security.  Scott Pelley briefly explained on Monday's Evening News: "Medicare will run out of money in 2024. Social Security retirement benefits run out in 2033. But Social Security disability benefits will be exhausted long before that, in 2016."

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Bloomberg Business Week Misleads in Headline and Opening in Covering Social Security Trustees' 2012 Report

By Tom Blumer | April 24, 2012 | 00:44

At Bloomberg Business Week, the distortion of what the Social Security system's trustees told the public on Monday began with its headline and opening sentence.

The headline: "Social Security Fund to Run Out in '35: Trustees." Any reader would assume that the reference is to the situation with the retirement and disability programs combined, as both are collectively referred to as "Social Security." Reporter Brian Faler doubled down on the headline error in his opening sentence:

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Bret Baier Gets NPR's Mara Liasson to Admit Medicare 'Ends As We Know It' Without Ryan Plan

By Noel Sheppard | April 23, 2012 | 19:54

For over a year, the Left and their media minions have dishonestly claimed Congressman Paul Ryan's (R-Wisc.) proposed budgets would "end Medicare as we know it."

At the end of a discussion about Monday's report from the Medicare trustees predicting the program goes bankrupt in 2024, Special Report host Bret Baier got NPR's Mara Liasson to admit Medicare will end as we know it even if Congress doesn't pass the Ryan plan (video follows with transcript and commentary):

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NPR Plays Up 'Liberal Religious Leaders' Slamming Ryan Budget

By Matthew Balan | April 16, 2012 | 17:54

On Monday's Morning Edition, NPR's Barbara Bradley Hagerty touted how "liberal religious leaders said the Republican [budget] plan...was an affront to the Gospel, and especially Jesus's command to care for the poor." At the same time, Hagerty avoided mentioning the left-wing ideology of two critics of the proposal: Peter Montgomery of People For American Way, and liberal academic Stephen Schneck.

The correspondent did, however, clearly identify Ryan as a "Wisconsin Republican" and Richard Land of the Southern Baptist Convention as part of a "conservative resistance to taxation." She also highlighted how "for other religious conservatives, the Bible is a blueprint for robust capitalism," and cited evangelical radio host David Barton as an example.

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Krauthammer Smacks Down Shields on Ryan Plan: 'Your Guys Haven’t Introduced a Budget at All'

By Noel Sheppard | March 25, 2012 | 11:25

Syndicated columnist Charles Krauthammer gave quite a tongue lashing to Mark Shields on Inside Washington this weekend.

When the liberal PBS contributor said Congressman Paul Ryan's (R-Wisc.) budget proposal lacked vertebrae, Krauthammer scolded, "Talk about absence of spine, your guys haven’t introduced a budget at all on anything" (video follows with transcript and commentary, file photo):

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National Review's Salam Schools Klein, Vanden Heuvel and Zakaria on Tea Party and Taxes

By Noel Sheppard | March 04, 2012 | 21:57

National Review's Reihan Salam on Sunday proved once again that liberal media members no matter what their number are no match for one well-informed conservative.

On CNN's Fareed Zakaria GPS, Salam took on the host, Time magazine's Joe Klein, and the Nation's Katrina Vanden Heuvel on a far-ranging discussion about how both sides of the aisle view taxes, the Tea Party, and social change with the conservative ending up looking like the only knowledgeable person in the room (video follows with transcript and commentary):

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Thom Hartmann Actually Claims Bush Invaded Iraq ... to Privatize Social Security

By Jack Coleman | March 01, 2012 | 14:34

If you heard a loved one fulminate like this, you'd be morally obligated to initiate a medical, substance abuse or psychiatric intervention.

Liberal radio host Thom Hartmann unleased the latest moonbat conspiracy theory on his radio show Monday in response to a caller disparaging government (audio) --

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ABC, CBS and NBC Ignore Shocking Jump in Government Dependents

By Geoffrey Dickens | February 10, 2012 | 16:57

According to the Heritage Foundation Barack Obama’s policies, in just two years, have resulted in the number of Americans who rely on a federal program spiking by 23 percent to 67 million. Yet there was no mention of this grim figure on the Big Three network (ABC, CBS and NBC) evening or morning news programs. Since the study was released on Wednesday only Fox News and CNN have mentioned the increase in government dependents was the biggest two year jump since Jimmy Carter was president.  (video after the jump)

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Mark Levin Talks to NewsBusters About 'Ameritopia' and Media's Role in Advancing Utopianism

By Noel Sheppard | January 26, 2012 | 01:38

One of the Media Research Center's dearest friends and supporters, Mark Levin, has a new book out called “Ameritopia” which as CNSNews reports will debut at number one on the New York Times best seller list in four different nonfiction categories.

On Tuesday, the esteemed author and radio host spoke to NewsBusters by phone about the book's contents and how the media are assisting powerful utopian forces in America to undermine our Constitutional republic (video follows with complete transcript, don't miss spectacular book signing video at article's conclusion):

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Three Months in and With Weak Support, AP Says Annual Federal Deficit Is 'on Pace' to Decline

By Tom Blumer | January 14, 2012 | 00:38

I see that the Associated Press's Derek Kravitz is picking up where his colleague Martin Crutsinger left off in offering up incomplete information and inconvenient truth-avoiding coverage of Uncle Sam's financial results as described in the Monthly Treasury Statement. December's statement, which was released yesterday, showed a deficit of $86 billion and a year-to-date shortfall of $322 billion.

Naturally, this was cause for a positive-spinning headline at the AP report: "US gov't on pace for smaller deficit in 2012." Whoop-de-doo. Two problems: a) It's too early to tell, b) the year-to-date reduction thus far is fairly small (about 13%), c) Most of the improvement is because of a lucky break when fiscal 2011 ended, and d) December itself was a pretty bad month compared to December 2010. Here are several paragraphs from Kravitz's concoction  (bolds and numbered tags are mine):

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CBS Forwards Harry Reid's 'Lecture' of GOP and His Hope They 'Learned a Lesson'

By Brad Wilmouth | December 24, 2011 | 00:49

On Friday's CBS Evening News, as correspondent Sharyl Attkisson filed a report to inform viewers that the House of Representatives had approved the Senate plan for a two-month payroll tax cut extension, Attkisson included a clip of Senate Democratic Leader Harry Reid directing a "lecture" at and blaming House Republican freshmen for the delay, as she recounted his hope that they had "learned a lesson."

While the report included two soundbites from Democrats that allowed them to put forth some of their message - in the form of one clip each from Reid and President Obama - the CBS correspondent only included a couple of brief non-political clips of House Speaker John Boehner as the only Republican afforded a soundbite. (Video below)

 

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CBS's Hill to Bachmann: House GOP 'Risks Looking Like The Grinch'

By Matthew Balan | December 21, 2011 | 13:44

CBS's Erica Hill invoked an infamous Christmas season villain on Wednesday's Early Show, stating that "[House] Republicans...risk looking like the Grinch here four days before Christmas" for their refusal to sign onto the Senate's proposed two-month extension of the payroll tax holiday. Hill made that claim during an interview of Rep. Michele Bachmann, and pressed her about the payroll tax issue.

The anchor brought on Rep. Bachmann to discuss her presidential campaign's swing through Iowa during the lead-up to that state's caucuses at the beginning of January. However, Hill devoted the first half of the segment to the dispute over extending the tax holiday, and led with a question that included her "Grinch" label:

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George Will Demolishes Robert Reich: 'You Are a Pyromaniac In a Field of Strawmen'

By Noel Sheppard | December 18, 2011 | 20:30

George Will on Sunday marvelously told liberal economist Robert Reich something that many conservatives have been dying to say for years.

During a fascinating Right vs. Left debate on ABC's This Week, after Reich predictably pined for higher income tax rates to solve all that ails us, Will struck back with the line of the weekend, "You are a pyromaniac in a field of strawmen" (video follows with transcript and commentary):

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Bipartisan Duo of Senators Oppose Obama's Call to Extent Payroll Tax Cut; MSNBC's Mitchell Flummoxed

By Ken Shepherd | December 07, 2011 | 18:27

"You know, the president's been calling for bipartisanship on Capitol Hill, I'm not sure that he meant for the two of you to get together and go up against his signature program," MSNBC's Andrea Mitchell complained at the conclusion of a chat with Sens. Joe Manchin (D-W.V.) and Mark Kirk (R-Ill.) on today's Andrea Mitchell Reports.

Mitchell had the senators on to discuss their opposition to extending the 2011 payroll tax holiday.

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NB Interview: Peter Schiff on Media and the Economy, OWS

By Noel Sheppard | December 02, 2011 | 00:39

For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk."

On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather frightening view of the economy and the future of our nation (video follows with transcript):

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Ron Christie Schools Chris Matthews: 'The Facts Get in the Way of a Good Narrative'

By Noel Sheppard | November 28, 2011 | 20:44

MSNBC's Chris Matthews on Monday perfectly demonstrated that he is willing to contentiously debate issues with conservative guests without regard for the truth.

In the middle of a Hardball segment about the Democrat proposal to extend the payroll tax holiday, Matthews ignorantly accused the far more knowledgeable Ron Christie of "complicating" the discussion leading his guest to marvelously respond, "Of course, the facts get in the way of a good narrative" (video follows with transcript and commentary):

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Krugman Calls for Higher Taxes Than Under Clinton

By Noel Sheppard | November 28, 2011 | 01:42

You knew this was coming.

Nobel laureate Paul Krugman - might he finally be realizing that our budget deficits can't possibly be solved by just eliminating the Bush tax cuts? - is now calling for marginal rates even higher than when Bill Clinton was in office:

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Fareed Zakaria Agrees With Obama: America IS Getting Soft

By Noel Sheppard | October 09, 2011 | 11:37

Barack Obama took a lot of heat last week for saying America has "gotten a little soft."

Not from Fareed Zakaria who when not advising the president on foreign policy acts as one of his propaganda czars every Sunday on CNN (video follows with transcript and commentary):

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Social Security Disaster

By Walter E. Williams | October 06, 2011 | 14:57

Politicians who are principled enough to point out the fraud of Social Security, referring to it as a lie and Ponzi scheme, are under siege. Acknowledgment of Social Security's problems is not the same as calling for the abandonment of its recipients. Instead, it's a call to take actions now, while there's time to avert a disaster. Let's look at it.

The term was derived from the scheme created during the 1920s by Charles Ponzi, a poor but enterprising Italian immigrant. Here's how it works. You persuade some people to give you their money to invest. After a while, you pay them a nice return, but the return doesn't come from investments. What you pay them with comes from the money of other people whom you've persuaded to "invest" in your scheme. The scheme works so long as you can persuade greater and greater numbers of people to "invest" so that you can pay off earlier "investors." After a while, Ponzi couldn't find enough new investors, and his scheme collapsed. He was convicted of fraud and sent to prison.

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Gov. Perry's Right About Social Security

By Walter E. Williams | September 21, 2011 | 18:22

During the recent GOP presidential debate, Texas Gov. Rick Perry said that Social Security is a "monstrous lie" and a "Ponzi scheme." More and more people are coming to see that Social Security is a Ponzi scheme, but is it a lie, as well? Let's look at it.

Here's what the 1936 government pamphlet on Social Security said: "After the first 3 years — that is to say, beginning in 1940 — you will pay, and your employer will pay, 1.5 cents for each dollar you earn, up to $3,000 a year. ... Beginning in 1943, you will pay 2 cents, and so will your employer, for every dollar you earn for the next 3 years. ... And finally, beginning in 1949, twelve years from now, you and your employer will each pay 3 cents on each dollar you earn, up to $3,000 a year." Here's Congress' lying promise: "That is the most you will ever pay."

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McConnell: If Buffett Feels Guilty About His Taxes 'He Should Send in a Check'

By Noel Sheppard | September 18, 2011 | 12:11

Senate Minority Leader Mitch McConnell (R-Ky.) doesn't think the President's new "Buffett Rule" to create a higher tax rate for millionaires makes sense.

Speaking on Sunday's "Meet the Press," McConnell said, "With regard to his tax rate, if [Warren Buffett's] feeling guilty about it, I think he should send in a check" (video follows with transcript and commentary):

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Krauthammer: Ponzi Would Be Social Security Commissioner If New Entrants Were Forced Into His Scheme

By Noel Sheppard | September 17, 2011 | 01:17

For several weeks, NewsBusters has been reporting that despite protestations from liberal media members, Texas governor Rick Perry is 100 percent correct when he calls Social Security a Ponzi scheme.

On PBS's "Inside Washington" Friday, syndicated columnist Charles Krauthammer put a fine point on this saying, "If Charles Ponzi had had the force of the law forcing people, new entrants, into his scheme, he’d still be going. He’d be commissioner of Social Security" (video follows with transcript and commentary):

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Matthews Keeps Pounding Perry's Social Security Ponzi Critique Despite Being Exposed for Saying Same Thing

By Noel Sheppard | September 14, 2011 | 10:29

Despite having been exposed for at least twice calling Social Security a Ponzi scheme, MSNBC's Chris Matthews continues to pound Republican presidential candidate Rick Perry for saying the same thing.

Here's what the "Hardball" host hypocritically said on Tuesday's program (video follows with transcript and commentary):

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NYT Reporters Huff: Social Security Is Not a Ponzi Scheme

By Clay Waters | September 14, 2011 | 09:45

Tuesday's New York Times's “Check Point” was the latest liberally slanted fact check of a G.O.P. presidential debate, this time by two liberal reporters, Michael Cooper and Nicholas Confessore, “Perry’s Criticism of Social Security as ‘Ponzi Scheme' Dogs Him in Debate.”

Confessore, who once worked for the liberal journals Washington Monthly and American Prospect, once again staunchly defended Social Security. In a December 2004 post for the Prospect, he praised the Times, the paper he was about to join, for its harsh coverage of President Bush’s attempt at free-market-based Social Security reform.

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Krugman on Social Security Circa 1996: 'The Ponzi Game Will Soon Be Over'

By Noel Sheppard | September 14, 2011 | 01:13

As NewsBusters reported Tuesday, liberal media outlets and their members have been talking about Social Security being a Ponzi scheme since at least 1967.

Add New York Times columnist Paul Krugman to the list of detractors as demonstrated by something he wrote for the December 1996/January 1997 issue of Boston Review:

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CBS Uses Cartoon to Spread Liberal Anti-Perry Talking Points

By Matthew Balan | September 13, 2011 | 17:28

On Tuesday's Early Show, CBS targeted Republican presidential candidate Rick Perry by using their 'Fast Draw' animators to depict the Texas governor as gun-slinging, right-wing extremist. Cartoonists Josh Landis and Mitch Butler turned to a Texas journalist who claimed that Perry "would turn back the clock. He would take America back to where there was basically no safety net" [audio clips available here].

The largely animated segment focused on Perry as part of "a contest to find out who will be 'America's Next Top Republican,'" a parody of the TV show "America's Next Top Model." After labeling the governor a "true believer," Landis noted the Texas politician's beginnings in "the dusty little town of Paint Creek," highlighting how "he bathed on the back porch," even depicting this with feet hanging out of a bathtub.

[Video clips from the segment available below the jump.]

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  • 'This is the Supreme Court, not middle school' (Power Line)
  • The Neal Boortz Faux Commencement Speech (Nealz Nuse)
  • Is liberalism dead? (Roger L. Simon)
  • The media's next move on same-sex marriage (Get Religion)
  • Senate Dems pay women staffers less than male staffers (Washington Free Beacon)
  • Left targeting Chief Justice Roberts in attempt to save ObamaCare (IBD)
  • Walker's chance of defeating Wisc. recall looking great (Ace of Spades)

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