Credit ratings agency Standand & Poor's Monday placed a negative outlook on the future of America's AAA debt rating as a result of looming budget deficits as far as the eye can see.
Later in the day, syndicated columnist Charles Krauthammer of Fox News's "Special Report" said this move by S&P was actually a negative review of President Obama's deficit reduction speech last Wednesday (video follows with transcript and commentary):
In my book "Crimes Against Liberty," I described President Obama as dishonest, hyper-partisan, a bully, a narcissist and a hard-core left-wing ideologue. Anyone who thinks my description is exaggerated or too harsh didn't hear his Wednesday speech on the budget.
One might have expected that a newly elected president who had "inherited" such a disturbingly high deficit, a growing national debt, and a forecast of unfunded entitlements soon to explode because of baby boomer demographics alone would roll up his sleeves and tackle this deficit and debt problem.
This week’s edition of MRC’s Notable Quotables newsletter is chock full of liberal media quotes showing reporters’ slanted approach to the tax and budget issues now at center stage. In fact, there’s so much bad material, we had to add an extra page to our usually three-page newsletter (you can view/download the PDF here).
The whole issue is up over at www.MRC.org. Here’s a baker’s dozen of the worst quotes (including two video clips), all collected in the last couple of weeks:
Days before his 2012 budget was released, Congressman Paul Ryan (R-Wisc.) predicted that he and it would be demagogued by the Left.
Doing its part is the New York Times which began its editorial Monday, "Six months after voters sent Republicans in large numbers to Congress and many statehouses, it is possible to see the full landscape of destruction that their policies would cause — much of which has already begun":
For the second week in a row, Newsweek's Eleanor Clift and National Review's Rich Lowry had quite a battle on PBS's "McLaughlin Group."
This time the fireworks started when Lowry called President Obama classless for the way he treated Congressman Paul Ryan (R-Wisc.) at Wednesday's speech on deficit reduction which led Clift to ask, "What else would you expect from a socialist born in Kenya who’s hiding his birth certificate?" (video follows with transcript and commentary):
“Why do these rich people need another tax cut?” Bob Schieffer demanded of his guest on Sunday morning’s Face the Nation, Republican Congressman Paul Ryan. Conveying his no-so-profound economic reasoning, Schieffer saw a pot of money to be absconded: “I mean, they're already rich. They seem to be doing pretty well as it is now. Why cut their taxes some more?” After Ryan explained his proposal would maintain current tax revenue levels while eliminating deductions and loopholes used by the wealthy, a baffled Schiefier ruminated:
I guess the part that I don't quite understand – and I take your proposal to be a serious one – but the part I don't understand is if the country is going bankrupt, if the country needs to borrow 40 cents of every dollar that it spends, how do you help that by reducing the amount of taxes that the richest people in the country pay? It would be seem to me that's where you get revenue. How do you justify that?
In the next segment, with Senator Mark Warner, Schieffer also hit the Democrat from the left on hiking taxes, after describing him as a “conservative” from “a very conservative state,” even though Virginia voted for Obama: “Senator, you are a Democrat, you are a conservative Democrat from a very conservative state, Virginia. Do you think that we can solve the deficit problem without raising taxes in some way?”
As NewsBusters previously reported, ABC's "This Week" invited on a number of Tea Party Congressman Sunday to discuss the budget debate going on in Washington.
Just before that segment, ABC's John Donvan did a brief report that concluded with him insinuating that this conservative movement is drinking tax cut Kool-Aid and President Obama is having none of it (video follows with transcript and commentary):
As NewsBusters has been reporting, since President Obama once again proposed letting the Bush tax cuts expire for the highest earning Americans, the media have been supporting it almost 24 hours a day.
Doing his part this weekend was Chris Matthews who after the introduction of the syndicated program bearing his name actually began the show, "Why is taxing the rich so hard?" (video follows with transcript and lots of commentary):
Tea Party Congressman Joe Walsh (R-Ill.) had quite an illuminating discussion with Christiane Amanpour Sunday.
As the host of ABC's "This Week" pushed for higher taxes, Walsh correctly pointed out that Barack Obama's first 2012 budget proposed earlier in the year didn't address entitlement programs saying, "The President of the United States ought to be ashamed of himself, and I don't know why your profession hasn't gotten on him more" (video follows with transcript and commentary):
PBS fans love how the show Washington Week is such a peaceful regurgitation of the conventional liberal media wisdom. But there are times in the calm that you wonder what world these liberals are living in. For example, the show's host, Gwen Ifill, seems to think it's plausible that President Obama -- the man who's made trillion-dollar-plus deficits a routine -- could take the "deficit slasher" label away from a conservative. New York Times reporter Jeff Zeleny suggested that seniors might be willing to consider seriously Medicare reforms if they'll help lower the debt.
Ifill replied: "Is that why when we see the president come out this week and make speeches like this, it seems like he was snatching the mantle of deficit slasher from Paul Ryan's hands and saying 'No, no, no -- me'?"
It certainly isn't a surprise that Nobel laureate Paul Krugman was far more pleased with the deficit reduction plan proposed by Barack Obama this week than the one unveiled by Rep. Paul Ryan (R-Wisc.) last week.
In Friday's New York Times column "Who's Serious Now?" the unabashed liberal declared the President's proposal "really serious" and the Congressman's "a sick joke":
The undisguised bias of a dispatch tonight by Associated Press reporter Laurie Kellman, with help from Scott Bauer, about Wisconsin Governor Scott Walker's appearance before a Congressional committee may have as its source two items found at the Newspaper Guild's web site (seen after the jump).
One is an announcement relating to a possible deterioration in the Guild's negotiations with AP, where union members have been working without a contract since November. Immediately below the announcement is an extraordinarily mean and spiteful cartoon produced by "alternative" comic Tom Tomorrow directed at Wisconsin Congressman Paul Ryan which has no place at the site of a group wishing to at least maintain a fig-leaf pretense of objectivity.
First let's look at several of the sentences seen in the 10:26 p.m. version of the pair's report (saved here at my host for future reference, fair use and discussion purposes) -- after the headline ("Wisconsin governor defends hobbling unions'), with which the AP pair may have had help:
CNN's Ed Henry and Ali Velshi both think taxes should be raised in order to help reduce the deficit. However, neither gave any credence to the notion that raising taxes is detrimental in the current economic conditions on Thursday's "American Morning."
CNN's senior White House correspondent Ed Henry, reporting on the President's deficit-cutting proposals, remarked that in order to trim the deficit, both spending must be cut and taxes increased. This would mean that both Democrats and Republicans would be forced to vote for measures they wouldn't normally support.
Co-host Ali Velshi also agreed that higher taxes are necessary, and that since President Obama has had to "compromise," so to will Republicans and Democrats have to compromise on fiscal issues. "Just as [Obama] has come around despite what happened the last election, despite the end of the year deals, despite his own debt commission and despite the showdown, the President has come around," Velshi said.
President Obama is "Mr. Prudent," a grown-up heralding "deficit sanity" in a Washington gone mad with "delusional" Republican plans for draconian budget cuts and tax breaks for the wealthy.
That's the predictable leftist talking point-laden take that Time magazine's Joe Klein had after listening to President Obama's hectoring lecture yesterday at George Washington University (emphasis mine):
Yesterday, we noted that the MSNBC analyst was surprisingly respectful to Donald Trump. Today, Halperin offered more refreshingly objective analysis. Commenting on President Obama's budget speech of yesterday, Halperin observed thatif a Republican had called a Dem budget un-American, in the same way that PBO pummeled Republican proposals, the MSM "would be up in arms."
Joe Scarborough added that it was simply bad politics for the president to give Paul Ryan a front-row seat, only to insult his proposals as un-American and lacking courage or realism.
Charles Krauthammer was less than pleased with Barack Obama's speech Wednesday concerning his plan to bring down the nation's staggering budget deficit.
As the panel segment of Fox's "Special Report" began, Krauthammer said, "I thought it was a disgrace. I thought I’ve rarely heard a speech by a president so shallow, so hyper-partisan, and so intellectually dishonest, outside the last couple of weeks of a presidential election where you are allowed to call your opponent anything short of a traitor" (video follows with transcript and commentary):
The great American engine of democracy is beginning to build up a head of steam, and it remains the finest device created by man to organize collective human action.
Two months ago, the conventional wisdom held that Washington would do nothing of consequence to start dealing with our fiscal crisis. Certainly, that was the political baseline for the president's Feb. 14 budget proposal for 2012, which, while roundly condemned as a call to inaction, was seen as politically "shrewd."
If there has been one constant in George Stephanopoulos' journalistic career, it's repeatedly calling for higher taxes. So, it's not surprising that while talking to Paul Ryan on Wednesday about the debt, he lobbied the Republican Congressman, "And if you're not willing to at least discuss new revenues, aren't these negotiations dead before they're even born?"
Not getting the answer he was looking for, the former Democratic operative turned journalist chided, "I understand you're not a fan of new taxes. But, as a matter of negotiations and a matter of discussion, don't they need to be on the table in order to get the negotiations started?"
In a previous segment, previewing President Obama's speech on ways to cut the deficit, reporter Jake Tapper simply repeated White House talking points: "But [Obama will] say, you can try [cutting taxes]. But you do that on the backs of the most vulnerable in our society because you can only do that, he'll say, by eliminating health care for seniors and the poor."
“Critics say it’s about time” for President Barack Obama to offer his plan to reduce the deficit, CBS’s Chip Reid acknowledged Tuesday night before he proceeded to rationalize Obama’s disengagement, validated by CBS’s in-house political analyst. Reid asserted: “Political analysts say the President had good reason to wait. He wanted the Republicans to go first and they did last week when influential Congressman Paul Ryan released his controversial plan.” CBS News political analyst John Dickerson proposed:
The President needed Paul Ryan's House budget plan to use as a foil for his own argument about what government should do, what government priorities are. He will say that the Ryan plan does not match up with American values.
Indeed, Reid contended the White House saw “an irresistible opportunity to portray Republicans as callous and extreme.”
MSNBC's Chris Matthews on Monday spent much of show scaring viewers about Congressman Paul Ryan's (R-Wisc.) recently released budget proposal.
So apoplectic was the "Hardball" host that he told liberal guests Howard Fineman and Richard Wolffe that Ryan's Medicare reform plan "is going to kill half the people who watch this show" (video follows with transcript and commentary):
On the same day a new poll found only 37 percent of liberals strongly approve of Barack Obama's performance as president, the New York Times's Paul Krugman bashed America's chief executive for being missing in action.
"What have they done with President Obama?" asked the Nobel Laureate. "Who is this bland, timid guy who doesn’t seem to stand for anything in particular":
There was a moment on this weekend's "McLaughlin Group" that is guaranteed to make conservatives all around the country smile from ear to ear.
After Newsweek's Eleanor Clift predictably attacked Congressman Paul Ryan (R-Wisc.) and his just-released budget proposal, National Review's Rich Lowry caught her in a serious contradiction and said, "With all due respect, Eleanor, you're talking out of both sides of your mouth" (video follows with transcript and commentary):
Now that Congressman Paul Ryan (R-Wis.) has submitted a budget that actually produces over $6 trillion less debt in the next ten years than what the President has proposed, the job of the Obama-loving media is to discredit him whenever possible.
NBC's David Gregory, ever the dutiful left-wing soldier, tried doing just that during his "Meet the Press" interview with Ryan Sunday even saying to his guest, "The problem that you've always had is that Republicans love to talk about you as a smart guy with really good ideas, but they don't actually support you" (video follows with transcript and commentary):
Chris Matthews has clearly forgotten all the concern over violent rhetoric he and his colleagues expressed in January after the tragic shootings in Tucson.
On this week's syndicated program bearing his name, Matthews began the show saying, "Going for the kill! This week's shutdown fight is just the beginning. The young Republican turks want to fight to the death!" (video follows with transcript and commentary):
ABC's Jonathan Karl last week asked Rep. Paul Ryan (R-Wisc.) if his 2012 budget proposal is a "political kamikaze mission" that will "ultimately cost Republicans" their majority in the House.
After Christiane Amanpour played this clip and asked if Ryan is a "visionary or a villain" on Sunday's "This Week," George Will marvelously responded - likely to the dismay of all present! - "Paul Ryan is eight years younger than the President but vastly more experienced and conversant with these issues" (video follows with transcript and commentary):
Bill Maher and Eliot Spitzer on Friday's "Real Time" not surprisingly attacked Rep. Paul Ryan (R-Wisc.) for his 2012 budget proposal.
Showing glimpses of the conservative that used to occupy his body many years ago, the Atlantic’s Andrew Sullivan not only defended the Republican as deserving a lot of credit for his bold plan, but also exposed Maher and Spitzer as ignorant hypocrites when it comes to the nation's fiscal policy (video follows with partial transcript and commentary):
Representative Paul Ryan (R-Wisc.) predicted last Sunday on Fox News that Democrats were going to demagogue him and his historic 2012 budget proposal in order to assist their reelection chances next year.
On Friday's "Inside Washington," Newsweek's Evan Thomas not only agreed with Ryan, but also said, "The Democrats will now accuse the Republicans – it’s an old page in their playbook – of throwing Granny in the snow" (video follows with transcript and commentary):