Economy

Thanks, Reverend Al. Really.  Sure, we know that the left is all about the redistribution of wealth rather than its generation.  Still, it's instructive to hear a leading lefty say it in such stark terms.  As clear a statement of the manifesto since candidate Obama told Joe The Plumber that "spread the wealth around" is the way to go.   On his MSNBC show this evening, Sharpton declared that…

CBS sided with supporters of the "Occupy Wall Street" protests on Monday's Early Show, bringing on former Democratic Senator Russ Feingold to boost the left-leaning demonstrations, with no Republican and/or conservative critics appearing as guests during the program. Feingold slammed Republican presidential candidate Herman Cain as "un-American" for his critique of the protests. Near the end…

The field of candidates for the 2012 GOP presidential nomination are "offering a series of one-size-fits-all economic pitches that fall short of addressing important nuances and competing demands posed by the nation's diverse fiscal landscape" according to unnamed "analysts," Washington Post staffer Michael Fletcher noted in the lead paragraph of his October 10 front-page story, "GOP field…

To answer Republican presidential candidate Herman Cain's claim that racism is not a big factor in African-American unemployment, CNN brought on radical left-wing activists Professor Cornel West of Princeton and Tavis Smiley of PBS, both of who co-host a public radio talk show. Not-surprisingly, West and Smiley, both African-Americans, ripped Cain's comments. West griped that Cain needs to "…

Being a proud cyber-card carrying, if non-contributing, member of the Democratic National Committee's email list, I just received a missive entitled "Test your knowledge: Take the Mitt quiz."  Clicking along takes one to a DNC site called "WhichMitt.com" at which readers are asked to guess whether, on a variety of subjects from abortion to the Detroit bail-out, Romney said the first statement,…

CBS's Bigad Shaban failed to disclose the far-left politics of an "Occupy Wall Street" demonstrator on Monday's Early Show. Jesse LaGreca, a Daily Kos contributor who wrote in August that "Hurricane Irene is like having Christmas early" for Republicans, was identified on-screen as simply a "Wall Street protester." Shaban also barely devoted any time to critics of the nascent movement.

Interviewing Chicago Mayor and former Obama chief of staff Rahm Emanuel on Sunday's Meet the Press, host David Gregory fretted over the 2009 stimulus not being big enough: "Do you think this president wasted it – the crisis you talked about – to do the big things at that moment, to really be a jobs president to create the demand in the economy that you're talking about through more government…

Many right-thinking Americans have been wondering when Obama-loving news outlets would notice that even Democrats don't support the president's new jobs bill. On Monday, the truth came from a surprising source - the Associated Press:

Politico's "Daily Digest" is an email the blog blasts out in the morning, touting the day's top stories.  As a subscriber, this NewsBuster was struck by the left-friendly lean of five out this morning's six featured stories. To be sure, "Post-recession income falls" is not good for President Obama, reporting as it does that Americans' incomes have fallen faster during his presidency than…

In a report carried at the Washington Post on Thursday and updated early Friday, the Associated Press's Christopher Toothaker wrote a lengthy report about how Venezuelan ruler Hugo Chavez plans to "expropriate homes on the Caribbean resort islands of Los Roques, saying the structures were built on plots bought in shadowy business deals." By the end of the day Friday, the report turned into four…

It was literally a show stopper.   At the end of his "60 Minutes" interview with Lesley Stahl this evening, GE CEO Jeff Immelt asked her: "I don't know why you don't" root for GE, and by extension for American business, the way company employees do?  Did Immelt leave Stahl speechless? Rather than providing an answer, 60 Minutes could only cut to its tick-tick-tick stopwatch.  View video…

Despite most media outlets gushing and fawning over the Occupy Wall Street protests, MSNBC's Chris Matthews and the Huffington Post's Howard Fineman see risks to President Obama and the Democrats supporting the movement. The host of The Chris Matthews Show is even concerned this could be a return to 1968 when riots outside the Democratic National Convention in Chicago played a huge role in…

David Gregory on Sunday's Meet the Press asked former Obama Chief of Staff turned Chicago mayor Rahm Emanuel a rather surprising question about his previous boss's support for the Occupy Wall Street protests. "Is demonizing Wall Street the way to create an environment to get the banks to hire? Is this not a reverse Tea Party tactic?" (video follows with transcript and commentary):

As shown in Part 1, this afternoon's report on long-term unemployment at the Associated Press by Sam Hananel attempted to create the impression but provided no actual evidence for the notion that complaints by many who have been unemployed for an extended time period that many employers are reluctant to consider and sometimes even refuse to consider their employment inquiries and applications…