Economy

The undisguised bias of a dispatch tonight by Associated Press reporter Laurie Kellman, with help from Scott Bauer, about Wisconsin Governor Scott Walker's appearance before a Congressional committee may have as its source two items found at the Newspaper Guild's web site (seen after the jump). One is an announcement relating to a possible deterioration in the Guild's negotiations with AP,…

Now that President Obama has put tax increases on the table in order to balance the budget, his media are going to put even more pressure on Republicans to comply. A fine example of this happened on CNN's "John King USA" Thursday when the host actually asked Sen. Rob Portman (R-Oh.), "Should Republicans now have the open mind and the courage to maybe lose their jobs like President Bush did…

CNN's Ed Henry and Ali Velshi both think taxes should be raised in order to help reduce the deficit. However, neither gave any credence to the notion that raising taxes is detrimental in the current economic conditions on Thursday's "American Morning." CNN's senior White House correspondent Ed Henry, reporting on the President's deficit-cutting proposals, remarked that in order to trim…

President Obama is "Mr. Prudent," a grown-up heralding "deficit sanity" in a Washington gone mad with "delusional" Republican plans for draconian budget cuts and tax breaks for the wealthy. That's the predictable leftist talking point-laden take that Time magazine's Joe Klein had after listening to President Obama's hectoring lecture yesterday at George Washington University (emphasis mine):

Mark Halperin . . . on a roll! Yesterday, we noted that the MSNBC analyst was surprisingly respectful to Donald Trump.  Today, Halperin offered more refreshingly objective analysis.  Commenting on President Obama's budget speech of yesterday, Halperin observed that if a Republican had called a Dem budget un-American, in the same way that PBO pummeled Republican proposals, the MSM "would be…

Last November, MSNBC's Lawrence O'Donnell proudly declared himself a socialist on national television. On Wednesday, "The Last Word" host took this a huge step further saying the whole idea that Americans are rugged individualists is an illusion because they're all really socialists (video follows with transcript and commentary):

"Obama aims for the middle on taxes and spending." That's the headline the San Francisco Chronicle gave Washington bureau staffer Carolyn Lochhead's write-up this afternoon following President Obama's "belated embrace of his commission's recommendation to cut $4 trillion in deficits over the next 12 years." "Even as he reached back to his 2008 campaign lodestar with a reference to Abraham…

The great American engine of democracy is beginning to build up a head of steam, and it remains the finest device created by man to organize collective human action. Two months ago, the conventional wisdom held that Washington would do nothing of consequence to start dealing with our fiscal crisis. Certainly, that was the political baseline for the president's Feb. 14 budget proposal for 2012…

I've often said that I wish there were some humane way to get rid of the rich. If you asked why, I'd answer that getting rid of the rich would save us from distraction by leftist hustlers promoting the politics of envy. Not having the rich to fret over might enable us to better focus our energies on what's in the best interest of the 99.99 percent of the rest of us. Let's look at some facts…

Reporters are eagerly anticipating President Obama’s budget speech this afternoon, with NBC’s Chuck Todd assuring viewers of Wednesday’s Today show that now, finally, “the President’s going to add his voice to this, debate, essentially, over what to do about the ever-growing deficit and debt.” But over and over again over the past two years, the media have painted Obama as a leader committed…

If there has been one constant in George Stephanopoulos' journalistic career, it's repeatedly calling for higher taxes. So, it's not surprising that while talking to Paul Ryan on Wednesday about the debt, he lobbied the Republican Congressman, "And if you're not willing to at least discuss new revenues, aren't these negotiations dead before they're even born?" Not getting the answer he was…

When Democrat presidential candidate Walter Mondale announced in his October 1984 debate with former President Reagan that he would raise taxes if elected, his  campaign was over, and he ended up losing one of the biggest election routs in American history. As Barack Obama prepares to offer the nation his deficit reduction plan Wednesday, it is widely believed he is going to recommend tax…

There's an old saw that every time a senator looks in the mirror, he sees a president.  Could the same be true of MSNBC hosts?   Twice tonight on his TV show, Cenk Uygur fantasized himself as president.  The muy macho MSNBCer naturally imagined he'd be much tougher with Republicans than President Obama. View video after the jump.

In a business that is supposed to treat record achievements, dubious or otherwise, as news, it's more than a little curious to note that the Associated Press's Martin Crutsinger, along with Reuters and AFP, all "somehow" forgot to tell readers that March's reported federal outlays, as seen in the Monthly Treasury Statement released today, came in at an all-time record of $339.047 billion, and…