Bailouts
Matthews Panel Frets GOP Will Fight Obama’s ‘Great Things,’ But
December 1st, 2008 8:02 PM
On Sunday’s Chris Matthews Show, host Matthews led the panel in a discussion over whether conservatives would choose to cooperate with the Obama administration in making "historic changes" to repair the economy, rather than stand in opposition to his programs. The premise of the discussion seemed to be that times are too serious for conservatives to dare dissent from Obama’s plans. At one point,…
Walters Put Bush on Defense in 2001, But Tosses Softballs to Obama
November 30th, 2008 10:07 PM
In the interview for Wednesday’s Barbara Walters Special on ABC with Barack and Michelle Obama, excerpts of which were also shown on Wednesday’s World News with Charles Gibson, Walters asked few questions that put the Obamas on the defensive, in contrast with her January 2001 interview, aired on 20/20, with then-President-elect Bush in which she challenged him on a number of fronts. Most notably…
Stephanopoulos: Obama Caused Stock Rally and Black Friday Sales
November 30th, 2008 3:52 PM
If you had any questions about how differently the economy will be covered with Barack Obama in the White House they were answered by George Stephanopoulos on Sunday when he credited the president-elect with causing the recent stock market rally as well as better than expected sales the day after Thanksgiving.I kid you not.During the panel discussion of the most recent installment of "This Week…
Weekend Captionfest
November 28th, 2008 4:03 PM
Saudi Prince Alwaleed, single largest Citigroup shareholder, during interview by Maria Bartiromo of CNBC, November 24, 2008.
Conason: Don't Worry, Liberals--Obama Still Planning Radical Change
November 27th, 2008 10:57 AM
Joe Conason's column should be as chilling to conservatives as it is meant to be comforting to liberals. His message: don't be distracted by the centrist-seeming appointments Pres.-elect Obama has made to his economic team. He remains as committed as ever to his radical agenda.Conason's commentary appears this morning at Rasmussen Reports. Key lines [emphasis added]:[W]hen liberals point to…
Air America President Dismisses Deficit Spending as 'Rhetoric'; Says B
November 26th, 2008 10:46 AM
Now that the government has assumed the role of economic planner with various bailout packages and stimulus plans, experts are predicting a federal budget deficit of $1 trillion. That much money may be difficult to comprehend, but former President Ronald Reagan put it in perspective with a 1981 analogy describing the federal debt: "And the best I could come up with is that if you had a stack of…
Unbylined AP Report: Krugman 'Opposed Bailout
November 25th, 2008 1:02 PM
The Associated Press can't even get it right in a three-paragraph item about a White House ceremonial event.In a story Monday afternoon about President Bush's meeting with two Nobel Prize-winning scientists and Nobel Economics winner Paul Krugman, the unbylined AP writer claimed that Krugman opposed the government's financial bailout. Evidence abounds that this is not only not the case, but that…
NYT: Obama's Treasury Pick 'Deserves Retirement Not Promotion
November 25th, 2008 12:30 PM
Are the good folks at the New York Times breaking ranks and actually criticizing a decision by president-elect Barack Obama?Such seemed to be the case Tuesday when the Gray Lady published, on the front page of the business section no less, an article highly critical of proposed Treasury Secretary Timothy Geithner.Entitled "Where Was Geithner in Turmoil?", Andrew Ross Sorkin's piece actually…
The Anti-Krugman: Rogers Says Let Banks Fail
November 25th, 2008 10:08 AM
Paul Krugman has been making the rounds of the network morning shows, urging the government to "go big" in spending to revive the economy. His only concern is that Obama might not be planning to spend enough. Heck, even FDR wasn't a big enough spender in his book. View Krugman's weekend GMA appearance in which he says that here, the episode in which, as discussed here, Krugman of all people…
'Final Daze': New Hardball Feature Taunts W On Way Out
November 24th, 2008 7:28 PM
President and Mrs. Bush couldn't be handling the transition more graciously. But rather than celebrating the peaceful transfer of power that is the hallmark of our democracy, Hardball has announced a new feature, "Final Daze," intended to mock W as we count down his last weeks in office.Mike Barnicle, sitting in for Chris Matthews, announced the new segment on this evening's show.MIKE BARNICLE:…
Bartiromo Interview of Prince Alwaleed: SNL Skit Begging To Happen
November 24th, 2008 3:29 PM
Update 11-25 8:20 AM: Morning Joe Makes SNL References -- see discussion at foot.Call it "The Wild 'n Crazy Guy–Billionaire Style." Maria Bartiromo's interview of Saudi Prince Alwaleed, the largest shareholder of Citigroup, is literally a Saturday Night Live skit waiting—begging—to happen.CNBC's Bartiromo conducted the interview by remote this afternoon. When the camera went to the prince in…