As Tea Parties ensued from coast to coast last week, the Obama administration and their media minions depicted attendees as not understanding that the new president has decreed taxes will be going down for 95 percent of Americans.

On Sunday's "Meet the Press," Washington Post business columnist Steven Pearlstein let the cat out of the bag: Tea Partiers are right. Taxes are going up.

This revelation occurred after host David Gregory said to the Post's Pulitzer Prize winner, "There may be doubts about President Obama, but he is cutting taxes."

Pearlstein responded:

The roundtable on Monday night's Special Report with Brit Hume on FNC was not kind to the New York Times's hit piece on Sunday's front page that blamed President Bush and only Bush for the mortgage meltdown, ignoring the Democrats in Congress who protected the irresponsible push for more "affordable housing" by Fannie Mae and Freddie Mac (as Times Watch noted yesterday).

Nina Easton, Washington bureau chief of Fortune magazine, pronounced herself "flabbergasted when I read this story, flabbergasted....You cannot write a story about affordable housing policies and blame it on George Bush instead of the Democrats. I mean, it’s just, it’s outrageous."

From the Monday night Special Report with Brit Hume:

Television journalists were nearly uniformly enthralled with Barack Obama's Thursday night acceptance speech, relieved he showed the toughness to take on John McCain directly, unlike, in their world view, all too-soft past Democratic nominees. Only FNC offered a contrarian view or mentioned the word “liberal” while David Gergen on CNN trumpeted the address as a “symphony” and a “masterpiece” with elements of Lincoln, MLK and Reagan.

ABC's Charles Gibson insisted that “four years ago John Kerry” was “held accountable for not being tough enough on George Bush,” and “Obama was obviously not going to make that mistake.”

On CNN, Gloria Borger decided: “If anybody ever thought that Barack Obama was not tough enough to run against John McCain, this speech should really put an end to that.”