Bailouts

New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening. At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):

For conservatives, it's been truly delicious the past few weeks watching previously devote Obamaites break ranks with their colleagues to finally tell the world that the emperor has no clothes. A fine example Monday was the perilously liberal economist and media darling Jeffrey Sachs who published an article at the Huffington Post with the headline "How Obama's Politics Led to Sequestration":

Chris Matthews asked a question Sunday that should truly offend people on both sides of the aisle. During the syndicated program bearing his name, Matthews asked his panel, "Has President Obama put himself at political risk if the big cuts do not wreak havoc?" (video follows with transcript and commentary):

The Left and their media minions spent a good part of the past two years claiming the rich don't pay their "fair share" of taxes. Not according to the Associated Press which shockingly published a piece Sunday titled "Tax Bills For Rich Families Approach 30-Year High":

Syndicated columnist George Will made a statement on the Laura Ingraham Radio Show Friday that should make people on both sides of the aisle and both ends of Pennsylvania Avenue take notice. "I think the President has at long last so gone over the top in his rhetoric that he’s even losing the mainstream media" (video follows with transcript and commentary):

An Investor's Business Daily editorial on Friday confirmed a couple of items which seemed intuitively obvious but which I didn't prove on Thursday in my post (at NewsBusters; at BizzyBlog) about the Department of Labor's outrageous decision to grant unionized workers at now-liquidating Hostess Bakeries "Trade Adjustment Assistance" (TAA). The first is that it will cost a lot of money,…

CNBC's Maria Bartiromo made a statement Sunday about all of the fearmongering concerning the looming budget sequester that people on both sides of the aisle should pay attention to. Appearing on NBC's Meet the Press, Bartiromo said, "I think Wall Street is seeing this as scare tactics because if the market really believed that the economy was going to be paralyzed on March 1 we would not be…

As NewsBusters has been reporting this weekend, some media members have been surprisingly breaking ranks with President Obama concerning administration claims that the world will come to an end if budget sequestration goes ahead this coming Friday. NBC's David Gregory also appears to be feeling the White House's position is overblown and asked Transportation Secretary Ray LaHood on Sunday's…

When the Washington Post's Bob Woodward broke ranks with the Obama-loving media to correctly point out Friday that it was indeed the White House that originally proposed sequestration back in 2011, it was going to be interesting to see how many of his colleagues would follow suit. On Sunday, CNN's Candy Crowley appeared to do so as she pressured Transportation Secretary Ray LaHood about…

Another liberal media member has broken ranks and pointed the finger of blame for the looming budget sequester on Barack Obama. After the Washington Post's Bob Woodward correctly wrote Friday that sequestration was indeed the Obama administration's idea in 2011, former Newsweek editor Evan Thomas hours later said on PBS's Inside Washington this whole standoff is "a failure of leadership by…

Senator Rand Paul (R-Ky.) had some harsh words Friday for all the fearmongering going on around the country concerning the looming sequester next week. Appearing on Fox News's Happening Now, Paul said, "Balderdash. It’s untrue, unfair, dishonest, disingenuous. The president is making stuff up" (video follows with transcript and commentary):

Yesterday, the Department of Labor announced that it had certified "more than 18,000 former Hostess workers around the country as eligible to apply for Trade Adjustment Assistance." I'll save excerpts from DOL's inane announcement for after the jump. The story has garnered some local coverage in areas affected by Hostess plant closures late last year, including a couple of regional Associated…

While the President and his media minions are trying to scare everyone into thinking that if the sequestration on federal spending goes through on March 1 it will be the end of the world, conservative columnist Charles Krauthammer had a different view Wednesday. Appearing on Fox News's Special Report, Krauthammer said, "This is the most ridiculously hyped Armageddon since the Mayan calendar…

It appears not everyone in America is as enthralled with Barack Obama's economic policies as his fans in the media. When NBC Tonight Show host Jay Leno made a joke about the president not understanding economics, the studio audience cheered, applauded, and whistled (video follows with transcript and commentary):