Recession

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…

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…

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:

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):

As NewsBusters previously reported, MSNBC's Rachel Maddow was rewarded for lying about Rush Limbaugh on her program Thursday by getting a guest appearance on Sunday's "Meet the Press." The top brass at NBC should be pleased with their decision for Maddow proceeded to thoroughly misrepresent the reasons Standard and Poor's gave for downgrading America's debt Friday (video follows with…

Want to know just how scared of the Tea Party America's media are? On Sunday, the Chicago Tribune's Clarence Page published a column entitled "Is The Tea Party Over?":

MSNBC's Al Sharpton on Friday was being tremendously rude and dismissive to his guest the always well-mannered Tony Blankley. So discourteous was Sharpton that at the end of the discussion, Blankley sarcastically said, "You are a very polite gentleman" (video follows with transcript and commentary):

This marvelously comes from the Republican Party of Sarasota:

Ever the dutiful Obama shills, the New York Times on Saturday downplayed the seriousness of the announcement by Standard and Poor's that it had downgraded America's debt rating to AA+. As you read this, imagine how this front page article would have differed if a Republican was in the White House:

New York Times columnist Joe Nocera took a lot of heat this week for writing an article calling Tea Party members "terrorists" wearing "suicide vests." On Saturday, he apologized:

Christina Romer, the former chair of Obama's Council of Economic Advisers on Friday offered a rather strong opinion concerning the announcement by Standard & Poor's that the credit rating agency downgraded America's debt to AA+. Appearing on HBO's "Real Time," Romer said we're "pretty darn f--ked" (video follows with transcript and commentary):

For the second week in a row, Bloomberg's Margaret Carlson got a much-needed education from Charles Krauthammer on PBS's "Inside Washington." After Carlson gave the typical Keynesian response to Friday's unemployment report - "We’re cutting spending at a time when we should be adding spending to stimulate the economy and jobs" - Krauthammer without skipping a beat quipped, "The way it worked…

CNBC's Rick Santelli had to explain the economy to MSNBC contributor Ezra Klein on today's Morning Joe (h/t Hot Air). Klein argued that another recession would "move money around in ways that are unfair." An exasperated Santelli concisely described what was wrong with Klein's characterization of what recession does to an economy:

Last week, New York Times columnist Paul Krugman said conservative views about the debt ceiling should be censored from news reports. On Friday's "Morning Joe," Senator John Kerry (D-Mass.) took this a step further calling on media to stop giving "equal time or equal balance" to Tea Party ideas that people like him consider "absurd" and "not factual" (video follows with transcript and…