Stimulus

After touting the ‘Cash for Clunkers’ program as a "runaway success" and "great for the environment," Friday’s CBS Early Show finally reported on problems with the plan as co-host Maggie Rodriguez declared: "And find out why the ‘Cash for Clunkers’ program could actually end up costing you long term."While previous Early Show segments on the plan gave only passing attention to its critics,…

Economists can argue back and forth in the media about the effect of big government programs such as the stimulus package and Obamacare but few things have illustrated government waste as effectively as this disturbing YouTube video in which a well running Volvo engine was destroyed as part of the Cash for Clunkers program. This video is currently going viral on the Web and has sparked outraged…

Say what you want about the Fox News Channel's Glenn Beck and his antics, but to give credit where credit is due, he exposed some disturbing language from the Obama administration's "Cash for Clunker" program Web site Cars.gov. Beck on his July 31 program hosted a segment about the Car Allowance Rebate System (CARS) Web site, also known as "Cash for Clunkers" and demonstrated what a Web browser…

A year ago, when the government reported second quarter Gross Domestic Product (GDP) doubled from the first quarter to 1.9 percent, the CBS Evening News centered a story around what Katie Couric described as “disappointing” news while ABC and NBC didn't utter a syllable about the GDP jump. But Friday night, with a different President in office, Couric crowed a one percent decline in the 2009…

Reporting on the Obama administration’s ‘Cash for Clunkers’ car buying program running out of money, CBS correspondent Nancy Cordes offered a mixed message: "‘Cash for Clunkers’ has been such a runaway success....The program is so popular...word spread it would be suspended...because of fears that sales would soon swallow up the $1 billion for rebates the government had set aside."At the top of…

Newsweek magazine had yesterday a web exclusive entitled "What Green Jobs?"  Subtitled:  "Washington is spending $60 billion to create the careers of the future, but not a single green job yet exists. Obama's 'green czar' explains."The Leftist publication deserves some plaudits for exploring this $60 billion gaping hole in the $787 billion "stimulus" package President Barack Obama signed into law…

During an interview with CBS Evening News anchor Katie Couric on Tuesday, President Obama defended the administration’s handling of the economy: "nobody...anticipated that in the first three months, we would lose 700,000 jobs per month...the severity and the depth of the recession was something that, you know, really exceeded everybody's expectations."However, on the February 6 Evening News,…

On Monday’s Hannity show on FNC, actor Jon Voight accused the press of "protecting" and "covering for" President Obama by not giving enough coverage to dissatisfaction with the President’s economic policies, including the anti-tax TEA party protests:But the press, the press brought him in, and now they want to make sure that nobody topples the throne, it seems. So they don't report anything that…

Democrat strategist Bob Shrum on Sunday not only praised Reaganomics, but used it as an example as why Americans should be patient in allowing President Obama's stimulus plan to take effect. During the panel discussion on Sunday's "Meet the Press," host David Gregory asked his guests, "Why shouldn't the Republicans, who certainly spent a long time spending a lot of government money and under…

Good Morning America's Jonathan Karl on Friday provided a questioning, skeptical analysis of how stimulus money is being spent on road signs promoting the legislation. At one point, the correspondent quipped, "But for now, the signs seem easier to create than jobs." However, former Clinton aide-turned journalist George Stephanopoulos provided White House spin on the total amount of stimulus money…