Bailouts

Jay Leno said a really inconvenient truth about the fiscal cliff negotiations on NBC's Tonight Show Wednesday "John Boehner told Congress to prepare for plan B," Leno teased during his opening monologue. "You know what that means when Congress talks about plan B? The rest of us end up with plan F and U. Okay? That's the plan we get, F and U."

It appears as though NBC’s Andrea Mitchell has sided with the unions in the latest battle over workers’ rights, this time in Michigan.  Appearing on Tuesday’s Andrea Mitchell Reports, Ms. Mitchell took it upon herself to hammer Governor Rick Snyder (R-Mich.) over his decision to sign a bill making Michigan the 24th right to work state. She later followed up the Snyder segment with a friendly…

Former Speaker of the House Newt Gingrich on Sunday gave Lawrence O'Donnell a much-needed education on the economic impact of the Bill Clinton tax hikes in the '90s. As O'Donnell precipitated the exchange, he perfectly demonstrated why MSNBC commentators are far too liberally biased to be invited on NBC's Meet the Press (video follows with transcript and commentary):

Where’s my bacon, Obama?  That's the attitude of Councilwoman JoAnn Watson, who said that in appreciation for Detroit having voted for the president, Obama should bail out the financially insolvent. In fact, Watson says, “that’s what you do” when your friends help you out.  Alas, the country sees the incompetence and the entitlement that has ruined Detroit.  Just because you helped get the…

Actor and activist Ed Asner is the narrator of a new video called “Tax the Rich: An Animated Fairy Tale.” It was produced by the California Federation of Teachers (video follows with transcribed highlights and commentary):

While it's not fair to criticize the press's coverage of November's vehicle sales as unfair or not balanced, it would be more than fair to say that the press is either ignoring or minimizing the impact of two important influences which have been at work all year. The first is the continued loss of combined market share at the industry's two US-headquartered makers, General Motors and Ford (…

To paraphrase the estimable Yogi Berra - it’s like deja vu all over, and over, and over, and over again. The Jurassic Press media is enraptured with a certain story.

House Speaker John Boehner (R-Oh.) had some harsh words Sunday for Barack Obama's proposal to avert the looming fiscal cliff. Appearing on Fox News Sunday, Boehner said, "The president's idea of a negotiation is roll over and do what I ask."

In an interview with CBS News anchor Scott Pelley last week, Goldman Sachs chairman and CEO Lloyd Blankfein immediately brought up a highly sensitive subject that liberals in the media and highest levels of government refuse to acknowledge: entitlement spending on Social Security, Medicare, and Medicaid are unsustainable at their current rate and need significant reform to ensure those programs…

Schlockumentary filmmaker Michael Moore had some straight talk for Barack Obama Monday. In a letter to the President published at the perilously liberal Huffington Post, Moore advised Obama to "DRIVE THE RICH RIGHT OFF THEIR FISCAL CLIFF" while putting an end to "the s***ting on the poor."

In a Friday report at the Associated Press on Friday with a celebratory headline ("2 YEARS AFTER IPO, GM IS PILING UP CASH"), Auto Writer Tom Krisher described bailed-out General Motors as "thriving," but didn't identify one of the important reasons for that characterization. In paragraphs about the company's profitability and cash stockpile, Krisher failed to note that the company still hasn…

The ignorance and blind sycophancy of Bill Maher knows no bounds. On HBO's Real Time Friday, the man who proudly gave a million dollars to Barack Obama's Super PAC said on national television, "Who cares what somebody in his administration wrote down on a piece of paper and predicted?" (video follows with transcript and commentary):

On Thursday, I wrote a piece exposing several factual errors in Andrew Sullivan's recent love letter to President Obama. Sullivan responded hours later:

CEO Sergio Marchionne of Fiat, the parent company of the U.S. government bailed-out Chrysler, got two unexpected and undeserved breaks from Craig Trudell at Bloomberg yesterday. The first was the story's presidential election-driven focus in its headline ("Chrysler CEO Reiterates Jeep Production Staying in U.S.") and first five paragraphs on Fiat's plans to manufacture vehicles in China for…