Red Ink Since Dems Took Over Congress Greater Than All Previous Defici
The 2011 budget shortfall, which is the responsibility of the previous Congress, is now projected to be $1.65 trillion.
If accurate, this means that since the Democrats took over Congress in 2007, we have posted over $5 trillion in deficits.
Ratigan Unhinged: GOP's 'Moronically Small' Cuts 'Truly a Flea on a Do
Civility was in short supply yesterday on "The Dylan Ratigan Show," as the MSNBC anchor after which the show is named used words and phrases such as "moronic" and "dog's ass" to demagogue the GOP's proposal to trim the federal budget.
"How can you be serious about cutting spending when your spending proposals are truly a flea on a dog's ass?" howled Ratigan, who went on to demonize…
FDA: A Killer Agency
Sam Kazman's "Drug Approvals and Deadly Delays" article in the Journal of American Physicians and Surgeons (Winter 2010), tells a story about how the U.S. Food and Drug Administration's policies have led to the deaths of tens of thousands of Americans. Let's look at how it happens.
During the FDA's drug approval process, it confronts the possibility of two errors. If the FDA approves a drug…
CBS 'Early Show' Touts Obama's 'Olive Branch' to Business, Ignores Adm
At the top of Tuesday's CBS Early Show, co-host Erica Hill cheered President Obama's supposedly pro-business move of speaking at the U.S. Chamber of Commerce on Monday: "Obama's olive branch. The President reaches out into hostile territory and meets with the U.S. Chamber of Commerce, urging the private sector to start hiring."
Introducing the later report on the speech, co-host Chris Wragge…
James Baker to David Gregory: Financial Deregulation Happened on Clint
Former Reagan Chief of Staff James Baker on Sunday took issue with having the 40th President blamed for financial deregulation.
When "Meet the Press" host David Gregory brought this up at the end of his program, Baker replied, "[The deregulation of the financial industry didn't occur on Ronald Reagan's watch, it occurred for the most part, I think, on Bill Clinton's watch" (video follows with…
Obama Administration Found in Contempt of Court, Media Silent
On Thursday, Louisiana Federal District Court Judge Martin Feldman found that the Obama Interior Department was in contempt of his ruling that the offshore oil drilling moratorium, imposed by the administration in 2010, was unconstitutional. After Feldman struck down the initial drilling ban, the Interior Department simply established a second ban that was virtually identical.
While the…
The Interior Department's Culture of Corruption
Oops, they did it again. President Obama's grabby-handed environmental bureaucrats have earned yet another spanking from the federal judiciary over their "determined disregard" of the rule of law. Isn't it time to give these misbehaving government hooligans a permanent timeout?
Federal judge Martin Feldman in Louisiana excoriated the Obama Interior Department Wednesday for defying his May…
Schultz Blames Egypt on Food Prices, Bush 41 and Wall Street; No Menti
Ed Schultz on Tuesday spent a great deal of time blaming the crisis in Egypt on rising food prices tying commodity inflation to former President George H.W. Bush and Wall Street speculators.
Not once in over fifteen minutes of air time were the name Bill Clinton or the two bills he signed into law that deregulated the financial services and commodity futures industries mentioned (videos…
CBS Warns: Food Industry Must Reduce Salt Content or 'Face Regulation
Teasing an upcoming story on new federal dietary guidelines on Monday's CBS Evening News, fill-in anchor Harry Smith announced: "The assault on salt. Chances are you are eating too much of it." Smith later introduced the segment by fretting: "Two out of three Americans are overweight or obese, an epidemic that is expected to send health care costs skyrocketing."
In the report that followed,…
CBS 'Early Show' Touts Government Banning Incandescent Light Bulbs
At the top of the 7:30AM ET half hour on Monday's CBS Early Show, co-host Chris Wragge happily proclaimed: "After 130 years, [Thomas] Edison's invention is basically being phased out....The government is replacing the incandescent bulb with a much more energy efficient light."
Wragge portrayed the government ban as a new "choice" for consumers: "Consumers will now have a choice of two…
CBS Touts Report Blaming Financial Crisis on Lack of Government Regula
On Wednesday's CBS Evening News, anchor Katie Couric proclaimed: "The federal commission that investigated the financial meltdown has reportedly concluded it could have been avoided. The New York Times says a report due out tomorrow finds plenty of fault to go around, including mismanagement by corporations and lax regulation by the government."
Couric made sure to point out: "The report…
Regulations and Rhetoric
Last week, the president wrote in the Wall Street Journal an article titled "Toward a 21st-Century Regulatory System" in which he announced that he had issued an executive order to review all government regulations on a cost-benefit ratio basis. In itself, this is a good idea, although the president makes it explicit that the cost-benefit analysis must take account of — as benefits — intangible…
Chris Matthews: 'Franklin Delano Roosevelt Bailed Out Capitalism in th
The President that expanded the role, scope, and size of the federal government more than all that came before him or since is unquestionably Franklin Delano Roosevelt.
Yet on Tuesday, moments after calling Congresswoman Michele Bachmann a "balloon head," MSNBC's Chris Matthews actually said FDR "bailed out capitalism in the '30s" (video follows with transcript and commentary):
Newsweek's Ben Adler Gripes That 'Conservatives Make Inaccurate Argume
"[W]hether you think a ban on police-style assault weapons such as the one Jared Lee Loughner used in Tuscon is good policy or not, it is curious to see that Republicans are not even bothering to make legitimate arguments against such proposals," Newsweek's Ben Adler scoffed in a January 18 The Gaggle blog post:
There is simply no precedent to support the claim that laws preventing…
