Personal Finance

Media Myth Debunked: Income Inequality Is Actually Plummeting
February 19th, 2012 6:03 PM
Since the first Occupy Wall Street protest, you haven't been able to swing a dead cat in this country without hitting an Obama-loving media member carping and whining about income inequality.
Yet according to this chart created by the nation's largest federation of trade unions the AFL-CIO, the difference between average CEO and average worker pay has been plummeting since the year 2000:

Barbra Streisand: 'Barack Obama Has Not Put Anyone on Food Stamps
February 4th, 2012 3:25 PM
"Barack Obama has not put anyone on food stamps."
So hysterically wrote Barbra Streisand at the Huffington Post Friday evening:

CBS's Rose Touts NY Times Spin on Romney's Wealth Being 'New Hurdle
January 19th, 2012 6:39 PM
Charlie Rose ripped a new liberal line of attack on Mitt Romney right out of the New York Times on Thursday's CBS This Morning, as he interviewed top Romney backer Chris Christie. Rose played up that Romney "seems to be dancing around the idea of what his wealth is. This is the New York Times today: 'Romney riches are being seen as new hurdle; complex web of assets is difficult to assess.'"…

George Will Demolishes Robert Reich: 'You Are a Pyromaniac In a Field
December 18th, 2011 7:30 PM
George Will on Sunday marvelously told liberal economist Robert Reich something that many conservatives have been dying to say for years.
During a fascinating Right vs. Left debate on ABC's This Week, after Reich predictably pined for higher income tax rates to solve all that ails us, Will struck back with the line of the weekend, "You are a pyromaniac in a field of strawmen" (video follows…
NB Interview: Peter Schiff on Media and the Economy, OWS
December 1st, 2011 11:39 PM
For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk."
On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather…

Liz Cheney Scolds Bob Schieffer for Discussing Cain 'Scandal' Rather T
November 6th, 2011 2:51 PM
While Bob Schieffer spent a goodly amount of time on Sunday's Face the Nation discussing the allegations made against Herman Cain this week as well as Rick Perry's strange speech in New Hampshire, Liz Cheney was the voice of reason asking why he was wasting so much time on these irrelevant issues.
"With all due respect, you know, the American people are out there afraid. They're afraid that…

Fareed Zakaria: 'The American Dream Is Better In Europe
November 6th, 2011 11:11 AM
The European Union might completely fall apart any day now as the countries in that region implode under their massive debt.
Despite this, CNN's Fareed Zakaria offered another America-hating love letter to the struggling continent Sunday actually claiming, "The American dream seems to be thriving in Europe not at home" (video follows with transcript and commentary):

Attention Media: Occupy Wall Street Protesters Are World's Richest One
October 31st, 2011 8:47 AM
While the media champion the Occupy Wall Street movement as if it's the American version of the Arab Spring, they're predictably missing a crucial distinction.
As the Motley Fool reported Friday, those sleeping in tents and skipping showers in cities around the country are actually part of the world's richest one percent:

PBS's Mark Shields: Income Inequality Is a 'National Security Issue
October 29th, 2011 11:50 AM
The hyperventilation of media members concerning income inequality in America reaches a new high with each passing day.
Case in point, on Inside Washington Friday, PBS's Mark Shields, with a straight face no less, said this disparity is a "national security issue" (video follows with transcript and commentary):

Income Inequality Not What OWS-Loving Media Claim
October 18th, 2011 6:34 PM
If you listen to Occupy Wall Street-loving media members, you'd think income inequality in America is worse than anywhere else in the world.
Quite the contrary, a chart from World Bank economist Branko Milanovic's book "The Haves and the Have-Nots” paints an entirely different picture:

Ann Coulter: Media 'Will Lie About the Economy' To Get Obama Reelected
October 15th, 2011 10:13 AM
Just how far are the media willing to go to get Barack Obama reelected?
As conservative author Ann Coulter told Fox News's Sean Hannity Friday evening, "He will have the entire mainstream media bucking for him and they will lie about the economy. 'Oh, it's a turnaround, don't stop him now'" (video follows with transcript and commentary):

Multimillionaire Tim Robbins Tells Protesters 'You Can't Rip People Of
October 13th, 2011 12:34 PM
NewsBusters on Wednesday shared a list of the top ten richest celebrities that have so far expressed their support for the Occupy Wall Street movement.
Currently in ninth place is actor Tim Robbins who recently told protesters, "You can't rip people off that long and expect to get away with it," (video follows with transcript and commentary):

Politico's Top Stories Suggest Site's Liberal Tilt
October 10th, 2011 8:04 AM
Politico's "Daily Digest" is an email the blog blasts out in the morning, touting the day's top stories. As a subscriber, this NewsBuster was struck by the left-friendly lean of five out this morning's six featured stories.
To be sure, "Post-recession income falls" is not good for President Obama, reporting as it does that Americans' incomes have fallen faster during his presidency than…

Fareed Zakaria Agrees With Obama: America IS Getting Soft
October 9th, 2011 11:37 AM
Barack Obama took a lot of heat last week for saying America has "gotten a little soft."
Not from Fareed Zakaria who when not advising the president on foreign policy acts as one of his propaganda czars every Sunday on CNN (video follows with transcript and commentary):