Economy

MSNBC's Contessa Brewer mocked attendees of the Values Voter Summit today, directing her ire at former vice presidential nominee Sarah Palin, Delaware Republican Senate nominee Christine O'Donnell, and the entire conservative movement."So, they're calling themselves values voters, but isn't this election really about the economy and not so much what we think of as values?" sniveled Brewer, who…

At a minimum, taxpayers have spent $9.1 million as of July 2010 on signs advertising the Obama administration's American Recovery and Reinvestment Act, also known as the stimulus law, according to federal officials reporting estimates to the Recovery Accountability and Transparency Board.But the cost is probably much higher since the six government agencies that spent stimulus dollars relied…

While acknowledging bad news for Democrats in the latest CBS News/New York Times poll on Thursday's CBS Early Show, White House correspondent Bill Plante worked to find a silver lining: "But when it comes to who's at fault for the rotten economy there's a disconnect. 37% say the Bush administration is most to blame. Only 5% blame the Obama administration." Following Plante's report, fill-in co-…

"This is what we are to expect, and it's going to get worse between now and November."That's how NewsBusters publisher and Media Research Center President Brent Bozell reacted this morning on Fox Business Network's "Varney & Company" to the media's drumbeat of criticism regarding Tea Party-backed Republican nominees for office this November.Bozell agreed with host Stuart Varney that the media…

In a video interview this week, White House Office of Science and Technology Director John P. Holdren told CNSNews.com that he would use the "free market economy" to implement the "massive campaign" he advocated along with Population Bomb author Paul Ehrlich to "de-develop the United States."In his role as President Barack Obama's top science and technology adviser, Holdren deals with issues…

The Media Research Center isn't the only ones out there telling folks to be wary of the media and its coverage of the Tea Party movement.  On his Sept. 15 broadcast, Larry Kudlow, host of CNBC's "The Kudlow Report," hit that point. Referring to "Tea Party" primary win in Delaware, New York and New Hampshire, Kudlow explained that this shift to the right was a net-positive for the economy. "…

The largest tax hikes in history get closer every day, and the focus of the news cycle is finally on taxes. Tax cuts, that is. After portraying Obama as a tax cutter when he took office, journalists have recently been talking about the Bush tax cuts, whose expiration will amount to a huge tax increase on Americans. But most stories have failed to explain that the pending expiration will…

Since the financial industry collapse two years ago, dishonest media outlets and their employees have continually blamed George W. Bush for the implosion that occurred in the fall of 2008 as well as the resulting recession.NewsBusters has regularly pushed back on this historically inaccurate premise specifically pointing to two crucial pieces of legislation signed into law by former President…

In general, there are two major sides to the tax cut debate. One believes that Americans are entitled to keep what they earn, but that they cede some money to the government with the understanding that funding is necessary to enable the state to safeguard citizens' rights - the state's most fundamental function.The opposing side holds, in short, that Americans are entitled to their wealth only to…

I tried to find a nicer way to put it in the headline. But I can't. At the Associated Press, Economics Writer Martin Crutsinger's apparent plug-and-play report less than an hour after the issuance of Uncle Sam's August Monthly Treasury Statement on Monday (his item is time-stamped at 2:56 p.m., which follows the Treasury Department's 2:00 p.m. release by less than an hour) contains three…

CNN's Ali Velshi leaned against extending the Bush tax cuts during a commentary on Tuesday's Newsroom, warning that it "may not be a brilliant idea," and spouted the liberal talking point that tax cuts are a costly matter. Velshi also misleadingly stated that "we have not seen a huge surge in spending."The anchor devoted his regular "XYZ" segment at the end of the 2 pm Eastern hour to the tax…

This could confirm what many suspected all along - the corporate heads at General Electric (NYSE:GE) would try to use their media holdings to portray President Barack Obama and his administration in a positive light in order to gain a corporate advantage. That's how former CNBC reporter and current Fox Business Network senior correspondent Charlie Gasparino explains it in his forthcoming book…

Interviewing White House senior adviser Valerie Jarrett yesterday, The View's liberal co-hosts repelled Elisabeth Hasslebeck's tough questions on President Obama's failed economic agenda by changing the subject and ignoring their conservative colleague's criticism.Refuting the claim that the economy is "certainly moving in the right direction" despite dismal unemployment numbers, Hasselbeck asked…

If a RINO is a Republican In Name Only, let's coin a new acronym for David Brooks: RINYTO: Republican In New York Times Only.  For only in the Gray Lady's bailiwick could Brooks be considered much of a Republican.Take his current column in the Times.  Brooks warns Republicans on the verge of regaining power that it would be nothing short of a "tragedy" if they were to oppose . . . more government…