Social Security

By Geoffrey Dickens | February 10, 2012 | 3:57 PM EST

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)

By Noel Sheppard | January 26, 2012 | 12:38 AM EST

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):

By Tom Blumer | January 13, 2012 | 11:38 PM EST

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):

By Brad Wilmouth | December 23, 2011 | 11:49 PM EST

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)

 

By Matthew Balan | December 21, 2011 | 12:44 PM EST

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:

By Noel Sheppard | December 18, 2011 | 7:30 PM EST

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):

By Ken Shepherd | December 7, 2011 | 5:27 PM EST

"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.

By Noel Sheppard | December 1, 2011 | 11:39 PM EST

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):

By Noel Sheppard | November 28, 2011 | 7:44 PM EST

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):

By Noel Sheppard | November 28, 2011 | 12:42 AM EST

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:

By Noel Sheppard | October 9, 2011 | 11:37 AM EDT

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):

By Walter E. Williams | October 6, 2011 | 2:57 PM EDT

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.