Economy

logorrhea: excessive and often incoherent talkativeness or wordiness. -- Merriam Webster When watching lefty professor and MSNBC regular Michael Eric Dyson, the notion often occurs to me that the man suffers from the condition described above.  Just yesterday, as James Taranto noted in his Best of the Web column at WSJ online, Dyson digressed, during an MSNBC appearance, into a riff to the…

CNN touted results from its newly-released poll Thursday showing Americans favor a balance of spending cuts and tax increases in the debt ceiling debate, as well as raising the debt ceiling. What the network completely failed to report -- although NewsBusters reported it -- was that Americans also favored two conservative positions – passage of a balanced budget amendment, along with spending…

CBS's John Blackstone apparently couldn't find many opponents of imposing sales taxes on online retailers for his report on Thursday's Early Show, as all but one of his sound bites came from proponents. Blackstone also warned that "states that are already suffering under huge budget deficits will lose more than $11 billion in uncollected sales taxes next year." The correspondent first…

Appearing on Thursday's NBC Today, chief White House correspondent Chuck Todd lamented no deal being reached on the debt ceiling and solely blamed House Republicans: "Nobody has a plan that can get through the Republican-controlled House of Representatives....that's the issue. House Republicans don't like any of these ideas that are coming out of the Senate." Co-host Matt Lauer wondered if a…

MSNBC is looking more and more like Pinocchio every day; its nose grows longer with every lie and the DNC obviously is pulling its strings. Ronald Reagan has absolutely nothing in common with Obama, especially not on taxes and the debt ceiling. It’s outrageous for this disgraced network to exploit the late President’s good name and his conservative economic brilliance. MSNBC is nothing more…

Although President Obama and the Democrats have stridently insisted that increased tax revenues be part of a debt ceiling deal, CNN is content to choose sides and paint only the conservative Republicans as stubborn extremists for opposing the revenue increases. Anchor Kyra Phillips asked Thursday morning if Republicans would listen to the warning of Sen. John McCain (R-Ariz.) to the House GOP…

After the House passed the Cut, Cap, and Balance act Tuesday evening with the support of five Democrats, Sen. Jim DeMint is circulating a Club for Growth video with 20 prominent Democrat senators previously announcing support for a balanced budget amendment in hopes of swaying their votes this weekend. Do you think any of these Democrats will maintain support for such an amendment? Check out…

It really is a "plan," and don't you forget it. Never mind, as the Washington Examiner's Conn Carroll inconveniently points out, that the document produced by the "Gang of Six" -- Republican Senators Coburn, Chambliss, and Crapo, along with Democratic Senators Conrad, Warner, and Durbin -- is all of five pages. If you take out the white space, it's about 3-1/2. Early this evening, the…

As NewsBusters previously reported, Chris Matthews on Wednesday lied about Ronald Reagan's position on taxes in a "Hardball" segment insinuating the late President would oppose the current Republican stance on the debt ceiling. When Salon editor Joan Walsh said Obama "is actually the Reagan figure here," former RNC chairman Michael Steele bust out laughing (video follows with transcript and…

At least five MSNBC anchors since Tuesday have promoted a cherry-picked House Democratic Caucus video that distorts President Ronald Reagan's position on the debt ceiling, inaccurately asserting that President Barack Obama is more in line with Reagan than the Republicans. If any of the anchors had played the entirety of Reagan's 1987 radio address, instead of giving free air time to the…

"Your World w/ Cavuto" guest host Stuart Varney interviewed NewsBusters senior editor Tim Graham today about the media bias against the conservative Cut, Cap and Balance plan and how the media have boosted the “Gang of Six” plan instead. Guest host Stuart Varney of Fox Business Network will conduct the interview. Video of the nearly 3-minute-long interview follows the page break:

Contessa Brewer doesn't have a law degree.  So perhaps the MSNBC host was unaware of the old cross-examination adage: never ask a question to which you don't know the answer. Arguing with Rep. Mo Brooks today over raising the debt ceiling, Brewer attempted to discredit the Tea Party Republican freshman Member of Congress from Alabama by asking "do you have a degree in economics?" "Yes, ma'…

Last night, nine Republicans and five Democrats broke with their parties on the Cut, Cap, and Balance Act, which would require a balanced budget amendment if the debt ceiling were to be raised. Two of the Republicans who voted against it were presidential hopefuls: Rep. Michele Bachmann (Minn.) and Rep. Ron Paul (Texas), both of whom believe the act doesn't goes far enough. Bachmann instead…

There is an overarching reason we can't move toward a balanced budget, which underscores why we face ongoing stalemates over debt ceilings and continuing resolutions: President Obama doesn't want to balance the budget. I don't say this out of extremism or to be gratuitously controversial or even provocative. It's just that his words and actions lead to the inescapable conclusion that he is…