Economy

CNN's Wolf Blitzer put Rep. Jim Jordan (R-Ohio) on the defensive Tuesday in a testy interview on the debt ceiling, lecturing the congressman and asking provocative questions about any divides within the party on Capitol Hill. Blitzer told Jordan that "you've got to deal with reality now" after reporting that the Balanced Budget Amendment, a brainchild of House Republicans, failed in the…

Over the past few days, media coverage has been dedicated almost entirely to the debt negotiations between President Obama and more outspoken members of Congress. As the Los Angeles Times pointed out, this let slide an interesting statement by the self-described democratic socialist Sen. Bernie Sanders, who said, "I think it would be good if President Obama faced some primary opposition." For…

CBS's Michelle Miller leaned towards supporters of taxing junk food on Tuesday's Early Show, playing three sound bites from them and none from opponents. Miller only made one vague reference to the opposing side, and she immediately followed it by playing up the supposedly positive result of a tax: "While some say a new tax is the last thing we need, it could mean a healthier America." The…

During a roundtable discussion on the debt ceiling deadlock on his July 26 program, MSNBC host Dylan Ratigan, egged on by a former Durbin and Biden staffer-turned-lobbyist, argued that the bulk of the national debt was run up prior to the time President Barack Obama entered office, by Republicans:

On Tuesday's NBC Today, co-host Ann Curry touted President Obama trying to scare the American people into supporting his debt ceiling plan: "He called for public activism, so much so that we hear that Capitol Hill web sites were crashing last night because so many people were trying to e-mail their representatives. It looks like he spooked main street...will he also spook Wall Street?" Curry…

In the ongoing budget negotiations, it is becoming quite clear that President Obama, quite contrary to his posturing, is the major fly in the ointment. Even the Democratic leadership is more flexible than President Obama, putting the lie to the oft-stated speculation that Obama is a mere puppet. He is his own counsel.

Has Barack Obama lost New York Times columnist David Brooks? In his piece Tuesday, the so-called conservative said the President last Friday "lectured the leaders of the House and Senate in the sort of patronizing tone that a junior high principal might use with immature delinquents...personalizing the issue like a spurned prom date":

The New York Times on Tuesday told its readers, "House Republicans have lost sight of the country's welfare." In an editorial entitled "The Republican Wreckage," the Gray Lady disgracefully claimed, "They have largely succeeded in their campaign to ransom America's economy for the biggest spending cuts in a generation" dimming "the futures of millions of jobless Americans":

In his White House speech tonight, President Obama renewed his call for a debt-ceiling impasse solution which requires "the wealthiest Americans and biggest corporations to give up some of their breaks in the tax code and special deductions." In other words, he wants tax increases, even though earlier in the day, he backed Senate Majority Leader Harry Reid's "plan" (using the term loosely, as…

Barack Obama might give Chris Matthews a thrill up his leg, but the bromance MSNBC's "Hardball" host has with former President Bill Clinton knows no bounds. On Monday's program, Matthews finished by nominating Clinton as Secretary of the Treasury, "Because in many ways it’s a life saver" (video follows with transcript and commentary):

Quoting a British politician who claimed "right-wing nutters" pose the most serious threat to the international financial system, MSNBC's Martin Bashir asked his conservative guest on Monday: "He's right, isn't he?" The MSNBC anchor posed this question at the end of a contentious interview with Tea Party Nation Founder Judson Phillips, after asking Phillips four times whether he wanted the U.…

Once again, Tea Party-critic John Avlon took aim at "hyper-partisanship" in Congress but focused the blame squarely on House Republicans while saving a tiny bit of blame for Democrats. In a July 25 op-ed for CNN.com, he hit Republicans for walking away from a generous deal by President Obama to settle the debt ceiling debate. "We are learning that activists and ideologues pushing anti-tax…

The media’s unwillingness to release all the facts concerning the debt ceiling debate is nothing short of censorship. In their enthusiasm as cheerleaders for this President, the media are deliberately hiding and distorting the truth to further their own ideologically driven, leftist agenda. These so-called 'news' outlets are ignoring the voice of the American people. It is a tragedy that we…

MSNBC's Mika Brzezinski asked the co-host of "Morning Joe" Monday if Republicans holding the line on the debt ceiling are "so stuck to their little contract and the Tea Party that they cannot even think outside the box for the good of the country." Somewhat less surprising, Joe Scarborough gave a pretty good answer (video follows with transcript and commentary):