Bailouts

On his eponymous Sunday program, Ed Schultz blamed Republicans for Detroit’s recent bankruptcy filing, implying that the GOP is “happy to see Detroit go bankrupt” and that Governor Rick Snyder (R-Mich.) is “swindling public workers out of their hard-earned pensions.” Schultz accused Republicans of wanting to “quit” and “surrender” on Detroit, launching into a 13-minute diatribe against Snyder…

CBS's Bob Schieffer got a much-needed lesson in recent history Sunday. During a Face the Nation discussion with House Speaker John Boehner (R-Oh.), after the host wrongly claimed sequester was "the creation of Congress," Boehner interrupted him saying, "That's wrong. Who insisted on the sequester? The President of the United States" (video follows with transcript and commentary):

Martin Bashir on Tuesday said New York Times columnist Paul Krugman "deserves the Nobel Peace Prize." Yes, the MSNBC host said Peace Prize - not one for economics - all because the perilously liberal economist has advocated more deficit spending and even more federal debt to stimulate the economy (video follows with partial transcript and commentary):

Usually movie makers strive to stay ahead of the cultural curve. It makes them “visionaries,” who are “cutting edge,” because they “push the envelope.” Two years ago, “Occupy Wall Street” was the hot fad, stoking the usual left-wing outrage at bankers and the finance industry, who were portrayed as greedheads never held accountable for their crimes. Businessmen just twirl their mustaches and…

Recent college grads are in a tough spot, with student loans that need repayment and an economy that is leaving many of them underemployed or worse. But the network news media have exaggerated individual burdens of student debt by using examples of enormous rather than average debts. They’ve also often ignored systemic problems that have led to the “crisis” of student loan defaults, at the same…

Nothing says justice like a violent massacre of Wall Street bankers! At least, that’s what Stuart Heritage, of the UK’s left-wing newspaper “The Guardian” thinks. In his May 14 article titled “Assault on Wall Street trailer: bankers get what’s coming, Uwe Boll style” Heritage justified the rampage before the reader even started on his article. “The global financial crisis has been responsible…

“Assault on Wall Street,” directed by Uwe Boll and starring Dominic Purcell, takes the liberal agenda to a whole new level. Every possible liberal ideal – anti-gun, anti-capitalism, the evils of health insurance companies, crazy gun supporters – is depicted in this 1 hour and 39 minute movie, which was released on May 10 in limited theaters and on Amazon instant video. Within the first ten…

MSNBC is well-known for excusing the failures of President Obama, usually by blaming Republican “obstructionism” for Obama’s faltering agenda. If that doesn’t work, they will pretend that the Obama administration is free from guilt regarding any criticism it may receive, essentially living in denial. Take the Monday May 13 edition of Now w/ Alex Wagner when Time magazine assistant managing…

Bill Maher is one extremely confused person. Having two months ago said that his high taxes were leading him to consider dumping liberalism, HBO's Real Time host said Friday, "If you’re rich you should be begging the government to redistribute your wealth" (video follows with transcript and commentary):

To his credit, the Washington Post's Zachary A. Goldfarb reported yesterday that the Obama administration is possibly repeating the same policy mistakes that sank the housing market.   To get to the heart of the matter, our national housing bubble quickly inflated as a result of too many people with poor credit buying homes that they couldn’t afford.  As that number multiplied, banks created…

Al Arabiya is a Saudi-owned television news channel launched in March 2003 the channel is based in Dubai. It claims to have conducted the first media interview of Barack Obama after he became President. As I noted earlier this evening, Obama spoke last week under a banner of Yasser Arafat, "the father of modern terrorism." That move is being seen as a gaffe by the very few, almost none of…

While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs. In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that…

As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening. Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):