Matthews: Bush Caused Recession, But Let's Not Quibble Over Which Part

June 29th, 2011 1:37 AM
Chris Matthews Tuesday once again showed that his tenuous grasp of reality is getting dangerously weak. During the final segment of "Hardball," the host unequivocally blamed the 2007 financial crisis and resulting recession on George W. Bush just moments before he said, "Okay, Obama hasn't been able to get us out of it yet, but...there’s no sense blaming one Party or the other" (video follows…

Department of Energy Ignoring Safety Issues to Save Time and Money

June 22nd, 2011 6:38 PM
The Department of Energy (DOE) continues to tout the importance of safety at nuclear facilities, while simultaneously ignoring legitimate safety concerns in the name of saving time and money. Last week, the Defense Nuclear Facilities Safety Board delivered a scathing report on the ‘safety culture’, or lack thereof, being perpetuated by the DOE. Within that report, which focused on how the…

Lawrence O'Donnell Accuses Michele Bachmann of Being a Socialist

June 22nd, 2011 11:13 AM
Lawrence O'Donnell on Tuesday accused Congresswoman Michele Bachmann (R-Minn.) of being a socialist. "The Last Word" host, who has admitted on national television to himself being a socialist, did so by cherry-picking from an article published at the perilously liberal website "The Huffington Post" (video follows with commentary and full transcript at end of post):

Krauthammer Corrects Newsweek's Thomas on Budget: 'Republicans Have St

June 18th, 2011 2:50 PM
Newsweek's Evan Thomas on Friday tried to float the typical media meme that neither Party is doing anything to solve our nation's budget crisis. Unfortunately for him, fellow "Inside Washington" panelist Charles Krauthammer accurately noted that the Republicans have offered a proposal to cut $6.6 trillion in the next ten years, "but the Democrats have done nothing except to demagogue the plan…

CNN Jumps on Mitt Romney's 'I'm Also Unemployed' Joke, But Barely Touc

June 17th, 2011 3:22 PM
Both President Obama and leading Republican candidate Mitt Romney got into hot water for supposedly making insensitive comments about the economy this week. But CNN's response offers a textbook case of media bias, as the supposedly-objective news network virtually ignored Obama's gaffe while trumpeting Romney's comment. President Obama poked fun at the ineffectiveness of his own stimulus…

Ann Coulter Smacks Down Arrogant Eliot Spitzer: 'What Business Have Yo

June 12th, 2011 3:32 PM
CNN's Eliot Spitzer arrogantly lectured about the benefits of Keynesian economics Sunday while accusing fellow panelists on "Fareed Zakaria GPS" of not knowing what they were talking about because they weren't business owners. This led British historian Andrew Roberts to point out that President Obama's administration are mostly academics, and Ann Coulter to ask Spitzer, "What business have…

Andrea Mitchell Whines About Tim Pawlenty's 'Counterintuitive' Tax Pla

June 9th, 2011 4:51 PM
MSNBC's Andrea Mitchell scolded Republican presidential candidate Tim Pawlenty today over the former Minnesota governor's proposed plan to reduce taxes and cut spending, decrying the conservative measures as "counterintuitive." "What makes you think that a plan to actually increase the deficit by cutting taxes is the right way to go right now?" groused NBC's chief foreign affairs…

ABC’s Amanpour Chafes Over Focus on Debt, Pushes for ‘Another Stim

June 6th, 2011 4:19 AM
Looking at government as the best job creator, on Sunday’s This Week ABC’s Christiane Amanpour pushed her guests to agree the stagnant economy and growing unemployment argue for less concern about controlling federal spending and demonstrate the need for “another stimulus” big spending effort. Amanpour was undeterred by the failure of the ongoing “stimulus” spending pushed by President Obama…

Greta Van Susteren Schools NYT's Blow On Obamanomics: 'Track Record of

June 4th, 2011 6:41 PM
Fox News's Greta Van Susteren on Saturday took issue with New York Times columnist Charles Blow's recent piece "False Choice." In it, the perilously liberal commentator criticized Republicans for wanting to solve the nation's economic woes with a mixture of tax and spending cuts:

Idiocy Alert: Bill Maher Falsely Claims Bush Tax Cuts Gave Rich $2.8 T

June 4th, 2011 1:06 PM
NewsBusters readers are well aware that we like to point out when arrogant, pompous, holier-than-thou liberals make completely false statements on the air and in print. Bill Maher marvelously did so on HBO's "Real Time" Friday claiming that the Bush tax cuts have so far given a total of $2.8 trillion to the richest one percent of Americans (video follows with transcript and commentary):

MSNBC Contributor: 'I'll Put Obama's Deficit Next to Reagan's Any Day

June 4th, 2011 11:40 AM
I've said for years that some of the worst reporting by the media deals with issues of finance and the economy. "Real Time" watchers were given a perfect example of this Friday evening when a college professor that contributes to MSNBC as well as Nation magazine actually said, "I’ll put my Obama deficit next to your Reagan deficit any day of the week" (video follows with transcript and…

Bozell on 'Fox & Friends': Media Promoting Obama Talking Points on Eco

June 4th, 2011 11:38 AM
An hour before the disastrous June jobs report was released yesterday morning, NewsBusters publisher Brent Bozell chatted with "Fox & Friends" anchor Brian Kilmeade about the media's spin job on the Obama economy. [See video of the segment embedded below the page break]

NBC Promotes Obama: Stimulus Started Economic 'Healing,' Auto Bailout

June 3rd, 2011 2:54 PM
An otherwise straightforward report on bad economic news on Friday's NBC Today cited economist Diane Swonk, who argued government stimulus prevented things from getting worse: "We basically had a massive coronary during the financial crisis....Financial stimulus and monetary stimulus, you know, got us to the stage where we're healing but we're in still in a lot of rehab." Correspondent Tom…

CNN's Richard Quest Advocates (More) 'Classic Keynesian Economics' to

June 3rd, 2011 1:52 PM
William F. Buckley Jr. once said his job was to "stand athwart history, yelling stop!" If more liberals took this advice, they wouldn't end up looking like two CNN anchors who just don't know when to say no to unsustainable deficit spending. On the eve of a disappointing jobs report in which the unemployment rate rose to 9.1 percent, CNN International's Richard Quest plowed ahead like the…