National Debt

MSNBC's Dylan Ratigan: Obama 'Rather Screwed Up' for Writing Memoir Be
August 8th, 2011 5:34 PM
Dylan Ratigan joined Andrea Mitchell Monday on the list of MSNBC anchors who appear to be losing faith in President Barack Obama's leadership.
Discussing the type of president required to lead the country in times of crisis, Ratigan remarked, "Wouldn't anybody who wrote a memoir before the age of 50 be rather screwed up anyway?"
[Video follows page break]
Rubio No Savior, But Full of Common Sense
August 8th, 2011 5:09 PM
This was going to be a column insisting that Sen. Marco Rubio of Florida run for president of the United States. Now. Even though he has ruled out the possibility; even though he is but a baby senator. (Neither of these considerations has invariably stopped people in the past.)
But no: That's not this column. Not because I don't think it might be an excellent idea, but because I take a man at…

ABC Glorifies 'Freeganism' (Read: Dumpster Diving) As 'Sustainable' Pr
August 8th, 2011 4:43 PM
The credit downgrade must be having truly deleterious effects on New York-based reporters. At least one is hyping the merits of "freeganism," which is just a politically correct euphemism for dumpster diving.
"Amid S&P downgrades and widespread panic about financial markets, an anti-consumerism movement quietly marches on: Freeganism," ABCNews.com's Reshma Kirpalani argued in an August 8…

CBS Pushes Liberal Talking Point About Tea Party 'Downgrade
August 8th, 2011 1:45 PM
On Monday's Early Show, CBS's Norah O'Donnell promoted the left-of-center talking point that Standard & Poor's recent lowering of the U.S.'s credit rating is a "Tea Party downgrade." O'Donnell played three sound bites of notable liberals using this line of attack, versus only one opposing from a center-right politician. She also spun Treasury Geithner's decision to stay as "good news for…

On Saturday's 'Today,' GOP Blamed for Debt Downgrade and Washington Gr
August 8th, 2011 1:16 PM
At the top of Saturday's NBC Today, CNBC's chief Washington correspondent John Harwood told co-host Lester Holt that the downgrade of U.S. debt provided President Obama with "a tangible consequence to point to for Republican brinksmanship on the debt and deficit reduction deal."
Harwood observed: "Mitch McConnell, the Republican leader, always said, 'We don't want co-ownership of the economy…

NewsBusters Publisher Bozell to Media: Don’t Endorse John Kerry’s
August 8th, 2011 1:10 PM
John Kerry is on a crusade to destroy the Tea Party. To blame the Tea Party for the S&P downgrade is like blaming the Betty Ford Clinic for alcoholism. The entire existence of the Tea Party movement has been based on an attempt to stop the runaway spending of Washington – by the likes of John Kerry. Any media outlet that features his outrageous blame game remarks without challenging his…

NBC's Gregory Accuses GOP of 'Politicizing' Debt Downgrade, After Allo
August 8th, 2011 11:32 AM
On Sunday's Meet the Press on NBC, host David Gregory allowed Massachusetts Senator John Kerry to blame Standard and Poor's downgrade of U.S. debt on the Tea Party without challenge. However, minutes later, in an interview with Arizona Senator John McCain, Gregory was quick to accuse Republicans of "politicizing" the issue by criticizing Democrats.
After quoting a statement from House…
Scarborough Tells 'Terminally Stupid Ideologues' to 'Stop Using the Te
August 8th, 2011 11:21 AM
As NewsBusters reported Sunday, Senator John Kerry (D-Mass.) set off a liberal firestorm when he called Standard and Poor's U.S. credit rating change the "Tea Party Downgrade."
On Monday's "Morning Joe," host Joe Scarborough told "terminally stupid ideologues" that "really don't understand" anything because they're "so dogmatic [they] can't think for [themselves]" to "stop using the Tea Party…

Latest Notable Quotables: Deriding the Tea Party as Terrorists 'Strapp
August 8th, 2011 10:32 AM
MRC has just posted the latest edition of Notable Quotables, our bi-weekly compilation of the latest outrageous, sometimes humorous, quotes in the liberal media. This week, NQ is chock full of quotes from journalists slashing the Tea Party as the Republican Party’s “Hezbollah faction,” who have “strapped explosives to the Capitol” and “waged jihad on the American people.”
Oh, and New York…

Open Thread: Can a Free Market Support a Democratic Socialist Society
August 8th, 2011 10:26 AM
In recent years, America has become increasingly socialized through a welfare state with entitlements seen as rights, mostly paid for by the rich through the redistribution of wealth. Such a state is seemingly the goal of President Obama and fellow liberal Democrats, who relish in the ideas of a more European-style centralized government.
Last week, many labeled the debt negotiations in…

Under Deal, Debt to Rise $12 Trillion and 95% of Network Stories Leave
August 8th, 2011 10:22 AM
If you've been watching the news media react to the debt ceiling deal you might thing some drastic spending cuts were signed into law. After all, ABC made it sound like Congress took a "machete" to the budget and NBC's "Today" wondered if those spending cuts could harm the economy.
What has been completely missing from much of the network reporting was an admission that the deal "doesn't cut…
Greenspan on Meet the Press: No Chance of Default. Really
August 8th, 2011 1:36 AM
We've just spent the past month or so having politicians and the press tell us that if there was no debt-ceiling deal by August 2, the government might default on its debts (of course, Tim Geithner and Barack Obama could indeed have strategically defaulted if they had wished, but work with me here).
But Sunday on Meet the Press, in a remark I expect will not be relayed much if at all by the…

MoveOn.org Jumps on Kerry's 'Tea Party Downgrade' Bandwagon
August 7th, 2011 7:11 PM
John Kerry's claim on Sunday's "Meet the Press" that Standard and Poor's U.S. credit rating decision Friday is a "Tea Party Downgrade" is already catching on in liberal circles.
The far-left MoveOn.org has taken it on as a rallying cry:

'Meet the Press' Replays Kerry's 'Tea Party Downgrade' Comment at End
August 7th, 2011 6:44 PM
It wasn't enough for "Meet the Press" host David Gregory to nicely set up Senator John Kerry (D-Mass.) to blame Standard and Poor's downgrade of America's credit rating on the Tea Party Sunday.
The producers actually felt Kerry's "Tea Party Downgrade" comment was important enough to replay again at the end of the show (video follows with transcript and commentary):