Economy

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…

The headline at the Associated Press, aka the Administration's Press, seems to make Attorney General Eric Holder look heroic: "Holder averts furloughs of prison staffers." No, all he did was get forced into prioritizing how he should allocate resources in a department where spending grew from $26.54 billion in fiscal 2008 to $31.16 billion in fiscal 2012, a 17% increase. The AP's Pete Yost…

As hard as the establishment press has worked over the years to make certain politicians appear to be somehow out of touch with the situation of average Americans, you might think that two legislative leaders complaining about cuts in their Congressional offices' allowance might be news. One whined that her aides, some of whom "earn" in excess of $100,000 per year, are being "priced out" of a…

Silly me. I thought a "balanced budget" was defined as one where receipts equal outlays and there is no surplus or deficit during the period involved. Not to David Espo, who is chief congressional correspondent at the Associated Press. In an "analysis" piece which looks more like a tool to begin reframing the language of "balance" to mean what Barack Obama and his Democratic Party really want…

Senate Democrats on Saturday narrowly passed their first budget in four years. Appearing on PBS's Inside Washington Friday before the vote, syndicated columnist Charles Krauthammer called it "the most appalling document you have ever seen" claiming, "It marches us off a cliff into Greece and perhaps into Cyprus" (video follows with transcript and absolutely no need for additional commentary):

Today, on the third anniversary of the enactment of state-managed healthcare, aka the Patient Protection and Affordable Care Act (ACA), aka ObamaCare, it's worth noting a precursor of what we can expect from the establishment press as the law's implementation presses on. It can be summed up in eight words: "Hype the alleged good. Ignore the obviously bad." Distilled in four words: "Toe the…

I don't know whether AP Food Industry Writer Candice Choi misidentified the union responsible for the final demise of Hostess late last year deliberately or out of ignorance. But in the final five paragraphs of her report on the company's sale of several of its best-known brands to two investment groups, Choi definitely blew it (bolds are mine throughout this post):

Call it Michael Moore's Jesse Jackson moment . . . Jackson once famously said that when he walked down the street and heard footsteps behind him, he was relieved to turn around and find a white person behind him. This evening, on Ed Schultz's soon-to-be-extinct weeknight MSNBC show, a histrionic Michael Moore accused white gun owners of racism . . . then proceeded to say it was reasonable…

On March 20, the Washington Examiner’s Philip Klein reported that it seems Obamacare’s true costs are starting to sink in with its most ardent supporters: Democrats.  Despite years of the liberal media reporting that this new trillion dollar health care entitlement will save money over the next decade, that outcome is, to be generous, highly dubious, especially with the possibility of eleven…

Has Slate’s John Dickerson been replaced with a pod person?  If not, the CBS Political Director is exuding signs of schizophrenia – or sheer forgetfulness. While in January Dickerson counseled the president to "go for the throat" of the Republican Party, in today's piece at the online opinion journal he's calling for Obama to court Republicans on a "grand bargain" to avert the looming debt…

Late last month, math-challenged Ed Schultz took a cue from the Chicken Little hysterics streaming from the White House to claim that sequestration will slash federal spending by "damn near a third." Much the same capacity for delusion takes hold in Schultz's radio show guests, as shown yesterday with an equally unlikely claim from Democrat congressman Jim McDermott. (audio clip after page…

Well, this is a stunning reversal of fortune.  Remember when Organizing for Action – the so-called non-partisan 501(c)4 group aimed at disseminating and lobbying for Obama’s agenda – would release the names of its donors, especially the ones who give big to the organization.  Well, they’ve decided to nix that, not that the liberal media care to note the reversal. The Washington Free Beacon…

New York Times economics reporter turned liberal columnist Eduardo Porter really buried the lead in his latest column, "A Model For Reducing Emissions." And what is that model, exactly? The recession! Who would have thought the United States would one day be a leader in cutting greenhouse gas emissions?

The original online headline to Wednesday's New York Times budget legislation story, "Finance Bill, Nearing Senate Passage, Would Protect Some Favored Programs," likely captured what reporters Jonathan Weisman and Annie Lowrey really wanted to say, betraying their big-government default favoritism: "Plan That Would Spare Vital Programs Is Expected to Pass Senate." "Vital" by whose measurement…