Chris Matthews, on Tuesday's "Hardball," painted town hall protesters as racist as he charged, "I think some of the people are upset because we have a black president." Matthews invited on Pennsylvania Governor Ed Rendell and the Wall Street Journal's Stephen Moore to analyze the uproar at the town hall meetings and after Moore offered that some of the protesters' rage was caused by the "$800 billion obscene fiscal stimulus bill," Matthews interjected with his own explanation for the anger as he exclaimed: "Are you telling me that these guys were created by this new president? That the people we're watching on television with their guns and their attitudes about the republic weren't around before January 20th?!...Okay I think, I think some of the people are upset because we have a black president." [audio available here]

The following exchange was aired on the August 11, edition of "Hardball:"

On Monday night's "Hardball," the Wall Street Journal's Stephen Moore challenged Chris Matthews to come out to one of the many tea parties protesting taxes and the government bailouts, as the former Club For Growth President egged on the "Hardball," host to prove he is "a man of the people," but Matthews ducked the invitation and yelled back: "Steve stay in your box!"

As Matthews was wrapping up a segment with Moore and radio talk show host Michael Smerconish, Moore got in the following parting shot:

STEPHEN MOORE, WALL STREET JOURNAL: Chris! Chris! Chris! My question is you're a man of the people, why aren't you out there at these April 15th rallies? I mean c'mon! You know you, you say, you speak for the middle-class guys?

CHRIS MATTHEWS: What is this? Intramurals? Michael Smerconish, thank you and Steve stay in your box!

Maxine Waters, a key Democrat congresswoman that has been implicated in blocking government oversight that could have prevented the current financial crisis, was caught lying Friday evening about her connection to failed lenders Fannie Mae and Freddie Mac.

During the panel discussion of HBO's "Real Time," Waters was challenged by the Wall Street Journal's Stephen Moore about the campaign contributions she's received from these government sponsored enterprises.

Despite what public records clearly show, Waters denied she had ever taken any money from these two companies (video embedded right courtesy our dear friend MsUnderestimated):

In a subscription-only editorial yesterday, Wall Street Journal Editorial Board member Stephen Moore notes that many countries in the rest of the world, including a few you'd never expect, are adopting the tax-cutting policies of Ronald Reagan, to their benefit:

Earlier this year the cover of Time Magazine depicted Ronald Reagan with a tear running down his cheek -- the message being that the political class has abandoned the Reagan legacy.....

Ironically, the Reagan economic philosophy of lower taxes, less regulation and free trade has never been more in vogue abroad -- so much so that it has become the global economic operating system.

Let's call this phenomenon Reaganomics 2.0.