Economy

Referencing Michael Moore's absurd tweet that President Obama should arrest the CEO of Standard & Poors for downgrading America's credit rating, CNN's Kyra Phillips actually asked her panel members who they would like to see arrested in the fallout of the downgrade. Whether or not the question was serious, Moore's tweet was. On Monday he implored President Obama , via Twitter, to "show…

Being a disciple of Saul Alinsky might not be so easy as it would appear. President Obama and his minions obviously can't decide whom to scapegoat for the nation's credit downgrade and our financial crisis. One thing is for sure: It's not in Barack Obama to accept personal responsibility for the consequences of his actions and policies. He still won't own this economy and the exploding…

Communist Cuba's Castro brothers may be asking themselves why they need to engage in any propaganda on their own when they have Associated Press's Images Division promoting photos of Dear Leader Fidel Castro as "iconic" and the brutal Ché Guevera as a "revolutionary hero." What follows is the text of an email NewsBusters and BizzyBlog commenter/correspondent Gary received from AP Images on…

MSNBC's Thomas Roberts implied Tuesday that members of Congress who oppose efforts to inject more government spending into the economy, as President Barack Obama proposed recently, are committing an "act of treason." "Why don't people look at that as an act of treason?" the daytime anchor asked the Washington Post's Ezra Klein, who shrugged off the accusation. "I don't think what happens is…

Joe Scarborough on Tuesday told his "Morning Joe" co-host an inconvenient truth that she and most of her colleagues in the media just can't handle. "A president that cannot control 45 backbenchers in the opposing Party in the House of Representatives is too weak to be President of the United States. It is that simple" (video follows with transcript and commentary):

Obama advisers, Democrat senators, and terminally stupid ideologues that for days have blamed Standard and Poor's downgrade of America's debt on the Tea Party are sadly mistaken. Next to the President of the United States and his Party, those really responsible are members of the media.

My father was a product of the Great Depression and World War II. Like so many others of his generation, he, like his parents before him, knew how to "do without." When he told us, "we can't afford it," that did not mean our family was deprived of material things we deserved, instead it marked a boundary not to be crossed because on the other side, waiting to greet us, were the twin demons of…

Obama advisers, Democrat senators, and terminally stupid ideologues that have been for almost two days blaming Standard and Poor's downgrade of America's debt on the Tea Party have all been ignoring a very inconvenient truth. According to MSNBC's Lawrence O'Donnell, "Last week's vote for a debt ceiling increase was the most bipartisan vote to increase the debt ceiling we have seen in a very,…

For over 24 hours, Obama advisers, Democrat senators, and terminally stupid ideologues in the media have been blaming Standard and Poor's downgrade of America's debt on the Tea Party. On Monday, one of the only sane voices in the mainstream media stood up and said, "If it wasn't for the Tea Party, they would have passed the debt ceiling thumbs up, we would have been rated BBB" (video follows…

To Michael Tomasky, Barack Obama's problem is not lack of leadership or a rigid fixation to liberal ideology. No, it's just that the president is too darn decent a guy, a veritable Mr. Smith who's gone to Washington, but perhaps in this case without the Capraesque happy ending:

A clearly worried Chris Matthews on Monday fretted that a 'coy' Barack Obama is being "too cute by half" in his handling of the economy. Matthews lamented the fact that in his press conference, the President didn't exclaim, "Tax the freakin' rich!" Talking to former Pennsylvania Governor Ed Rendell, Matthews proclaimed what Obama should have said. After agreeing to "some" cuts, the Hardball…

Dylan Ratigan joined Andrea Mitchell Monday on the list of MSNBC anchors who appear to be losing faith in President Barack Obama's leadership. Discussing the type of president required to lead the country in times of crisis, Ratigan remarked, "Wouldn't anybody who wrote a memoir before the age of 50 be rather screwed up anyway?" [Video follows page break]

This was going to be a column insisting that Sen. Marco Rubio of Florida run for president of the United States. Now. Even though he has ruled out the possibility; even though he is but a baby senator. (Neither of these considerations has invariably stopped people in the past.) But no: That's not this column. Not because I don't think it might be an excellent idea, but because I take a man at…

The credit downgrade must be having truly deleterious effects on New York-based reporters. At least one is hyping the merits of "freeganism," which is just a politically correct euphemism for dumpster diving. "Amid S&P downgrades and widespread panic about financial markets, an anti-consumerism movement quietly marches on: Freeganism," ABCNews.com's Reshma Kirpalani argued in an August 8…