Economy

As the prospect of a government shutdown continued to make headlines today, MSNBC’s Contessa Brewer accused Republicans of exploiting servicemen's paychecks for political gain, even though the House approved legislation to fund the Pentagon in the event of a shutdown and President Barack Obama threatened to veto such a measure should it reach his desk. Interviewing Rep. Linda Sanchez (D-Calif…

According to World News' Diane Sawyer, House Speaker John Boehner is being "held hostage" by the Tea Party. Over two days and two shows, Sawyer and interviewer George Stephanopoulos hit the Republican as captive to an unreasonable base who want to shut down the government. On Thursday's Good Morning America, after Boehner asserted that taxpayer dollars shouldn't fund abortions,…

Along with other institutions and people who will be impacted by a government shutdown, CNN spotlighted, throughout the day Thursday, the "grave" plight of museums and parks that may be forced to a "screeching halt" in the "height of tourism season." CNN devoted its entire 2 p.m. EDT news hour to the possible government shutdown and what its consequences would be. Anchor Randi Kaye began…

An ABC report that preemptively identified possible victims of a government shutdown was so close to White House spin that Barack Obama touted it at a news conference, Wednesday. The President focused on J.T. Henderson, an American whose tax refund could be delayed, a story first highlighted on ABC, April 6. Good Morning America's Jon Karl on Thursday proudly recounted, "President Obama saw…

On Thursday morning's "Squawk Box," CNBC's on-air editor Rick Santelli sounded off against raising the debt ceiling, the Democrat-controlled congress' failure to pass a budget last year, and "spendthrift" politicians. The rant echoed his famous 2009 diatribe where he called for a Chicago "Tea Party." "It's a matter of principle. If we can't do the discretionary spending now, what chance do…

Apparently, megalomaniacs need schedulers. Just ask George Soros. The left-wing billionaire is helping fund two major conferences that start on the same day, in two different locations just a three hours apart by car. Two liberal events packed into one long weekend. God created the world in six days. Apparently, Soros, who sees himself as “some kind of god,”needs just a long weekend to start…

Last Friday, in what one would think would be a bombshell story headlined "Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak," Bloomberg's Bradley Keoun and Craig Torres reported that foreign banks secretly and routinely tapping the Federal Reserve's "discount window" lending program, primarily in 2008 and 2009. Some specifics: "(The) loans protected a lender to local…

While questioning Rep. Jason Chaffetz (R-Utah) over the budget battle on Monday's "In the Arena," CNN's Eliot Spitzer switched gears and attacked Republicans for cutting taxes for the rich while cutting benefits for the poor. Spitzer and Chaffetz sparred over the ongoing budget battle and spending cuts, and Spitzer was certainly not lacking in Democrat talking points. "You are driving the…

In the 1965-1971 comedy series "Hogan's Heroes," prison guard  Sergeant Schultz is a "bumbling, highly unmilitary 325-pound Sergeant of the Guard. Schultz is a basically good-hearted man who, when confronted by evidence of the prisoners' covert activities, will simply look the other way, repeating 'I hear nothing, I see nothing, I know nothing!'" Reviewing past NewsBusters posts featuring or…

Covering the budget debate on Capitol Hill and the conflict in Libya, Andrea Mitchell spun two serious policy issues as examples of race-baiting. On the April 5 edition of “Andrea Mitchell Reports,” the MSNBC anchor lamented that Rep. Paul Ryan’s (R-Wis.) proposed 2012 budget would ravage black and Hispanic communities. “Representative Paul Ryan’s 2012 budget, released today, includes…

First, let me make something clear. One thing I learned in my first job as a dishwasher back in the Mesozoic Era is that all work conscientiously done can be noble. I don't criticize McDonald's for wanting to grow their business and the businesses of their franchisees, and I surely won't criticize anyone for taking a fast-food job to put food on the table or to gain an employment foothold.…

With the looming possibility of a government shutdown and today's Republican 2012 budget proposal, you can expect the media to be hard at work amplifying the complaints of liberal Democrats that conservative-proposed budget cuts are extreme. Even newspaper sections or online features generally disconnected from politics are picking up on the meme. Take the Chicago Tribune's The Seeker blog, a…

Although a government shutdown hasn't occurred yet, ABC's Good Morning America has already begun showcasing the possible dire impacts of such a budget impasse.  Reporter Jake Tapper highlighted White House worries about "figuring out what this will mean in terms of parks that are closed, museums that are closed, veterans that are not able to get assistance for their benefits..."…

Rep. Paul Ryan, chairman of the House Budget Committee, is slated to release the Republican budget for FY2012 today. He took to the Wall Street Journal to offer some details and tout the need for budget reform. Ryan also created the very slick video you'll see below the break to outline the nation's fiscal situation. Check it out and let us know what you think.