Economy

Globaloney religionists have hailed the ascension of Barack Obama to the presidency as their answer to the worldwide "crisis" of global climate change so dangerously confronting us. During his pedestrian inaugural address Obama played his role of high priest of the eco movement to perfection saying that we will be the leaders in a global effort to "roll back the specter of a warming planet." All…

Stimulometer on the Rachel Maddow Show, MSNBC, February 5, 2009.

Roughly five months after Joe Biden informed the nation that paying higher taxes is patriotic, it now appears radically increasing government spending and the federal debt is as well.At least that's what one gets from a New York Times piece Saturday applauding a Senate compromise on President Barack Obama's stimulus package.Here are the paragraphs where patriotism was prominently mentioned (…

Say goodbye to hope and change. It's time to embrace the politics of doom and gloom. MSNBC host Contessa Brewer, in an interview that seemed a lot like a lobbying campaign for the stimulus set for a vote in the U.S. Senate, quizzed Sen. John Barrasso, R-Wyo., about the possibility that his vote against a stimulus bill could send the country spiraling into a Depression - and endanger the public's…

He might be on the Forbes list of billionaires with a net worth of $1.3 billion and he may appear frequently in the financial media, but Pimco's Bill Gross doesn't have a grasp of how much "trillions" are. Gross recently called for a massive government intervention or face certain catastrophe.  "This economy requires support from the government, a check from the government in some form or…

Just one night after CEO Donald Trump told "Larry King Live" viewers that the U.S. is in a "Depression," Suze Orman, personal finance expert and host of her own show, started talking about people in bread lines - but she wasn't making a historical reference. According to Orman there are people in bread lines right now, some of them white collar workers:"There are some people who can't find a job…

On Thursday’s CBS Evening News, correspondent Chip Reid touted a new CBS News poll that portrayed Barack Obama as being more bipartisan on the current "stimulus" spending bill being debated in Congress, than Republicans: "The new CBS News poll shows 81 percent of Americans think the president is trying for bipartisanship, but less than half say congressional Republicans and Democrats are doing…

Have you ever wondered how the geniuses who report business news know why the stock market opens or closes up or down on any given day -- especially when they venture into political explanations? I received this e-mail from CNN just after the markets opened: Gosh, those e-mail drafters at CNN are smart. Who knew that the markets want the stimulus package so bad? Can't you hear, senators? The…

Chris Matthews is rooting for Barack Obama to get his so-called stimulus package passed so much, he offered him advice on how to sell it, on Thursday night's "Hardball," and cautioned him if he doesn’t succeed in that sales job he'll "let us down." Matthews, the former Jimmy Carter speechwriter, offered the following piece of advice to Obama on the February 5 edition of "Hardball":

It's time to wave the white flag and surrender to "post-partisan" unity. Yes, it's time for conservatives to abandon core principles and just allow the Pelosi/Reid/Obama pork-a-palooza, also known as the stimulus or the American Recovery and Reinvestment Bill of 2009, to pass into law. At least that's what one Newsweek columnist would have conservatives do. Now is not the time for political…

On Thursday's "Today" show NBC reporters offered little skepticism of Barack Obama's dictations to corporate America, instead buttressing Obama soundbites with sloganeering as, Meredith Vieira declared, "President Obama lashing out at Wall Street and clamping down on corporate fat cats," and Savannah Guthrie underlined, "The President bashed Wall Street," and "took a shot across the bow." The "…

While most of the liberal media gush and fawn over President Barack Obama's plans to radically expand government while imposing constraints on the private sector and ridiculing companies for actually wanting to make a profit -- oh the humanity!!! -- Fox News's Glenn Beck Wednesday night asked a question that should be on the minds of all Americans:When did socialism become a happy thing for us?…

During an interview of President Obama on Tuesday’s Anderson Cooper 360, CNN’s Anderson Cooper included a number of tough questions, compared to his gentle treatment of the Democrat almost a year ago, but concluded  with three softball questions on the executive’s search for a family dog, his new limo, and his cigarette habit. The anchor asked the president if he had “lost some of that moral high…

If former President George W. Bush said 500 million Americans are losing their jobs each month, do you think media would report it?Probably every hour on the hour until all 300 million Americans had heard about it, right?Well, during a press conference on an undetermined date, House Speaker Nancy Pelosi (D-Cali.) -- you know, the second in line for presidential succession right behind the vice…