As has been the case virtually from the beginning, the Associated Press's Scott Bauer has been clearly unhappy with 2011 Wisconsin Act 10, commonly known even to the Wisconsin Supreme Court as the "Budget Repair Bill." Today, the court ruled that the law as enacted by the Badger State's legislature and signed by Governor Scott Walker can go into effect on July 1.
Looking back at what's available of Bauer's body of work on the matter during the past four months, his consistent mischaracterization of the bill's contents, saying that it would "eliminate collective bargaining" when it doesn't (shown here and here), is truly striking. What's even more striking (pun intended) is how he and his employer described the law in the report's headline and first sentence in at least one early version this evening:
CBS hounded four Republicans from the left during a town hall on the economy which aired on Tuesday's Early Show. Bob Schieffer, Erica Hill, and Rebecca Jarvis pressed Reps. Paul Ryan and Allen West, Senator Tom Coburn, and South Carolina Governor Nikki Haley to consider tax hikes to deal with the deficit. Schieffer also specifically accused the three members of Congress of "doing nothing" to fix the economy.
The two online questions which Jarvis took from viewers touted Democratic talking points about deficits under former President George W. Bush and how cutting the federal budget would lead to an increase in the unemployment rate, due to the laying off of federal employees. She also vigorously pursued both Rep. Ryan and Rep. West. about the issue of jobs. In the first instance, the CBS business correspondent used an earlier answer from Haley, which emphasized the issue, to actually accuse the greater Republican Party of not paying enough attention to this issue, as well with the overall issue of the economy:
CNN's Eliot Spitzer arrogantly lectured about the benefits of Keynesian economics Sunday while accusing fellow panelists on "Fareed Zakaria GPS" of not knowing what they were talking about because they weren't business owners.
This led British historian Andrew Roberts to point out that President Obama's administration are mostly academics, and Ann Coulter to ask Spitzer, "What business have you ran? You’re a governor" (video follows with transcript and commentary):
Our friends and colleagues at CNSNews.com are unveiling a new regular feature devoted to showcasing ridiculous government spending projects called the "Golden Hookah Award." We'll be helping to spread the word to help everyone on the web try to get a handle on what our government officials are smoking.
The first recipient of the Golden Hookah is a project funded by the National Institute on Drug Abuse which gave hard drugs like PCP, cocaine, heroin and methamphetamines to monkeys and then measured the drugs' effect on them.
Watch the video report below the break. Also see full report by CNSNews.com's Christopher Neefus:
MSNBC's Andrea Mitchell scolded Republican presidential candidate Tim Pawlenty today over the former Minnesota governor's proposed plan to reduce taxes and cut spending, decrying the conservative measures as "counterintuitive."
"What makes you think that a plan to actually increase the deficit by cutting taxes is the right way to go right now?" groused NBC's chief foreign affairs correspondent on "Andrea Mitchell Reports."
Author Ann Coulter sparred with Joy Behar on Reaganomics on Wednesday's episode of The View. "How are you going to solve it if you don't have any revenue coming in?" asked Joy Behar of the conservative commentator, who is currently promoting her latest book, Demonic. "When Reagan cut taxes, each year, as the taxes went down, revenue to the treasury went up" Coulter responded.
As The View's most ardent leftist, Behar went on to try to blame bad loans and the housing crisis on Republicans. Coulter merely rebutted with the facts. "You cannot blame the Republicans on that" said Coulter. "The big banks then bundled them to the mortgage-backed securities, they got spread out into everyone's portfolio. So it was like a poison in the economy."
In his newest CNN.com op-ed titled "Don't Doom GOP's Chance to Win in 2012," David Frum clearly outlines the Republican Party's best chance for victory – if they don't come off as "Medicare-annihilating racist maniacs." He then goes about making the case that Republicans are doing just that.
"It is Tea Party conservatism itself that is Obama's last, best hope for a second term," Frum boldly concludes in a stinging indictment of the Tea Party.
He claims that the Republicans' refusal to raise the debt ceiling unless President Obama agrees to the Ryan budget plan is akin to the "militant wing" of the party mounting a coup and dragging the GOP to defeat in 2012.
"I am fairly certain that when Paul Ryan first decided to publicly share his admiration of Ayn Rand, he could not have imagined it would lead to him speed-walking to his SUV to avoid a young Catholic trying to give him a Bible and telling him to pay more attention to the Gospel of Luke," Time's Amy Sullivan snarked in a June 3 Swampland blog post.
Looking at government as the best job creator, on Sunday’s This Week ABC’s Christiane Amanpour pushed her guests to agree the stagnant economy and growing unemployment argue for less concern about controlling federal spending and demonstrate the need for “another stimulus” big spending effort. Amanpour was undeterred by the failure of the ongoing “stimulus” spending pushed by President Obama.
“With the political wars over the debt, there is no chance for another stimulus,” reporter John Berman regretted in a set-up piece before Amanpour pleaded with Austan Goolsbee, Chairman of the White House Council of Economic Advisers:
As no clear frontrunner emerges in the Republican presidential nomination race, the liberal media are in a full-scale panic over the thought that the former governor of Alaska might eventually enter and challenge their beloved president in November 2012.
On Sunday, "Face the Nation's" Bob Schieffer asked Mississippi Governor Haley Barbour with some incredulity, "Could you ever envision yourself supporting a ticket that had Sarah Palin at the top?" (video follows with transcript and commentary):
NewsBusters readers are well aware that we like to point out when arrogant, pompous, holier-than-thou liberals make completely false statements on the air and in print.
Bill Maher marvelously did so on HBO's "Real Time" Friday claiming that the Bush tax cuts have so far given a total of $2.8 trillion to the richest one percent of Americans (video follows with transcript and commentary):
I've said for years that some of the worst reporting by the media deals with issues of finance and the economy.
"Real Time" watchers were given a perfect example of this Friday evening when a college professor that contributes to MSNBC as well as Nation magazine actually said, "I’ll put my Obama deficit next to your Reagan deficit any day of the week" (video follows with transcript and commentary):
The latest Social Security Trustees Report tells us that the program will be insolvent by the year 2037. The combined unfunded liability of Social Security and Medicare has reached nearly $107 trillion in today's dollars. That is about seven times the size of the U.S. economy and 10 times the size of the national debt. Those entitlement programs, along with others, account for nearly 60 percent of federal spending. They are what Congress calls non-discretionary spending. About half of discretionary spending is for national defense. Each year, non-discretionary spending consumes a higher and higher percentage of the federal budget.
William F. Buckley Jr. once said his job was to "stand athwart history, yelling stop!" If more liberals took this advice, they wouldn't end up looking like two CNN anchors who just don't know when to say no to unsustainable deficit spending.
On the eve of a disappointing jobs report in which the unemployment rate rose to 9.1 percent, CNN International's Richard Quest plowed ahead like the helmsman of the Titanic in calling for "classic Keynesian economics" to salvage the foundering economy.
Do you think it's conceivable that yet another round of dismal economic news might cause President Obama to finally dig deeply enough in his id to find some hidden humility and consider reversing course? Let's be serious.
Why should he do that when it's much easier — and more profitable politically — to just demonize Republicans?
MSNBC's Chris Matthews on Thursday got a much-needed economics lesson from CNBC's Joe Kernen.
In the midst of a discussion about the economy and how it's going to impact the 2012 elections, the "Hardball" host bragged about having studied economics in grad school leading Kernen to marvelously ask, "You studied economics?" (video follows with transcript and commentary):
In an exchange with Pat Buchanan on Thursday’s “Morning Joe,” MSNBC reporter Norah O’Donnell demonstrated just how out of touch she is when it comes to her view of the state of the American economy (video follows page break):
In her lead story Wednesday, "Pressing Obama, House Bars Rise For Debt Ceiling," New York Times reporter Jackie Calmes accused Republicans of not understanding the debt limit while softening Democratic calls for higher taxes by portraying the Democrats as merely seeking "higher revenues."
The House on Tuesday overwhelmingly rejected a measure to increase the government’s debt limit, acting on a vote staged by Republican leaders to pressure President Obama to agree to deep spending cuts.
Republicans brought up the measure, which was defeated 318 to 97, to show the lack of support in the House for raising the $14.3 trillion debt ceiling without concrete steps to rein in chronic budget deficits.
In a story which ironically included a soundbite from Republican Congressman Paul Ryan denouncing demagoguery on budget decisions, ABC’s Jake Tapper on Wednesday night sank to employing some of his own by citing a local government’s budget cut from two years ago for a drowning death on Memorial Day and then drawing a line to GOP efforts on the federal level to cut funds from food inspections and bomb detection methods.
Noting a White House meeting with Republicans and President Obama, anchor Diane Sawyer offered a dire warning against reducing any spending anywhere at any time: “Hovering over the meeting in that room, the stories of cuts already made and their consequences.”
It never ceases to amaze me what people on MSNBC are willing to say while cameras are rolling.
On Wednesday, the perilously liberal Cenk Uygur - with a straight face no less! - told Congressman Brian Bilbray (R-Calif.) in the midst of a budget discussion, "I'm actually a fiscal conservative" (video follows with transcript and commentary):
While Western media continue to rhapsodize about the "Arab Spring democratic revolutions" in the Middle East, it may be that the real democratic revolution is beginning to occur in the European Union and the United States. And if the timing is right, the crisis in the European Union may play a decisive part in tipping the American electorate against President Obama and the Democrats in our 2012 elections.
Both by their votes and their demonstrations, the semi-enfranchised citizens of nations under the rule of the European Union are beginning to fight back against both the social welfare/debt and immigration/border policies that have been imposed on them.
On Friday, Newsweek's Evan Thomas said the recent special election in New York's 26th Congressional district proves "demagoguing works" and that former President Bill Clinton is a hypocrite when it comes to Medicare reform.
"Inside Washington" co-panelist Charles Krauthammer agreed saying that President Obama is also a hypocrite on this issue, and that "between now and at least until Election Day, Democrats will do absolutely nothing on entitlements except demagogue it" (video follows with transcript and commentary):
My advice for the GOP: No more Mr. Nice Guy. No more putting the pretense of civility above the best interests of the nation. Democrats are playing cynical games with our national debt crisis, and it?s time they were called out on them — directly, volubly and repeatedly. Senate Democrats haven?t passed their own budget plan in more than two years, despite having strong control of that body. Meanwhile, the nation is teetering on bankruptcy.
I don?t make that statement lightly. Our national debt is $14.3 trillion, and our federal deficit is $1.65 trillion. This might be less shocking but for the facts that our projected annual deficits as long as Obama is in charge average $1 trillion, and our unfunded entitlements exceed $88 trillion.