Corporate Spending on Perks 'Egregious'? What about the Feds

April 7th, 2011 2:47 AM
As debate rages across the country about whether it is reasonable to reduce federal spending in light of the fact that the federal government is spending more than eight times what it takes in, the same publications willing to defend that spending often simultaneously criticize spending by businesses that make a profit. One such story ran in publications nationwide this week, including the…

Liberals Rip CNBC Host Lawrence Kudlow's Japanese Quake Comments

March 13th, 2011 10:03 PM
CNBC's Lawrence Kudlow on Friday made a stock market comment about the earthquake and resulting tsunamis in Japan that have liberal media members hyperventilating. Before we get to the response, here's what Kudlow said (video follows with partial transcript and commentary):

CNBC Reporter Gives Full-Throated Support for Higher Gas Taxes

March 8th, 2011 2:44 PM
On MSNBC's "Daily Rundown" today, Steve Liesman robustly defended raising gasoline taxes as a way to address rising oil prices. The CNBC senior economics reporter minced no words to show his support for hiking the unpopular consumption tax in the midst of a sluggish economic recovery: "I want to offer that one of the real solutions here is a gas tax." After positing that the problem with…

MSNBC's Jansing: Donald Trump 'Not About the Little Guy,' Wants 'Tax B

February 17th, 2011 12:57 PM
Interviewing Donald Trump this morning, MSNBC's Chris Jansing put on her Democratic strategist hat to press the Republican real estate mogul with liberal talking points. After Trump, responding to Jansing's question about what he would do to fix the economy, suggested cutting taxes to spur economic growth, the host of Jansing & Co. groused: "A lot of people sitting out there, with all due…

Schultz Blames Egypt on Food Prices, Bush 41 and Wall Street; No Menti

February 2nd, 2011 12:02 PM
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…

Chris Matthews: 'Franklin Delano Roosevelt Bailed Out Capitalism in th

January 25th, 2011 11:26 PM
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):

Zero Hedge, Kaus Note GM 'Channel Stuffing' Ahead of and After IPO; Pr

December 7th, 2010 1:30 PM
A few weeks ago, just before GM's initial public offering went to the market (at the Washington Examiner; at BizzyBlog), I noted that Multi-Government/General Motors had spent the past several months shipping more cars than its dealers were selling, to the point where dealer stocks represented an unusually high number of days of dealers' sales. GM's December 1 press release made that trend…

MSNBC Panel Gives Convoluted Explanation of Democrat Backlash; Attacks

November 2nd, 2010 9:06 PM
When MSNBC’s Chris Matthews starts to rationalize the American electorate’s temperate, get out of the way. On MSNBC’s Nov. 2 election coverage, “Hardball” host Chris Matthews offered his assessment of how the Democrats and President Barack Obama found themselves in such dire straits. He said it started with the left’s favorite boogeyman of the past, President George W. Bush. Video Below…

Cramer Plays Populist: Wall Street Execs 'Should Be on the Chilean Cop

October 13th, 2010 10:52 AM
So we’re back to this again? We’re 21 days out of the midterm elections and the media are back looking to capitalize on anti-Wall Street sentiments. On the Oct. 13 broadcast of NBC’s “Today,” host Matt Lauer referenced an Oct. 12 Wall Street Journal report to his guest, CNBC’s Jim Cramer, about Wall Street pay hitting a record $144 billion. Lauer, of course, just looked at the headline…

Ed Schultz: Companies That Buy Back Their Own Stock Are Un-American

October 8th, 2010 2:58 PM
The more I watch Ed Schultz on MSNBC, the more I realize he may actually be a bigger idiot than recently fired CNN anchor Rick Sanchez.Helping to prove my point, Schultz on Thursday said companies that buy back their own stock are un-American."Large companies have purchased -- here are the numbers -- $273 billion -- billion -- of their own shares this year. And my friends, that is five times as…

Jim Cramer: Gold Going to

October 5th, 2010 6:35 PM
One of the most embattled commodities over the last few years as the economy has struggled has been one of the most precious of all metals – gold. Over the last 12 months, the price of gold has appreciated considerably. But CNBC host Jim Cramer contends it is going higher – much higher. In an Oct. 5 interview for with Alix Steel, a reporter from Cramer’s website TheStreet.com, Cramer explained…

Scooped: British Publication Tells Us Uncle Sam Having Problems Unload

September 27th, 2010 1:08 AM
You would think someone in the U.S. establishment press would be following Uncle Sam's progress or lack thereof in getting out from under its investment in Citigroup, especially since the government promised that it would be fully divested from the bank holding company by the end of this year. From all appearances, you would be wrong. It looks like the government may not be able to keep that year…

Rep. Weiner's Anti-Goldline/Beckophobia Crusade Falls Flat

September 24th, 2010 4:32 PM
An organization once headed by former Obama administration official Van Jones tried it. Other so-called grassroots organizations have given it a shot. Now Rep. Anthony Weiner, D-N.Y., with the power of Congress in tow, has taken his best shot to shut Glenn Beck down. But so far it isn’t really working. On Sept. 23, Weiner called a representative from Santa Monica, Calif.-based Goldline to…

Question for Paul Krugman: Are Things Better Today Than In January

September 24th, 2010 11:59 AM
A recurring theme from liberal media members as we approach the midterm elections is that Americans have to vote for Democrats in November so the nation doesn't go back to the way things were when Republicans ran everything.A perfect example is New York Times columnist Paul Krugman who on Friday penned a piece called "Downhill With the G.O.P.":Never mind the war on terror, the party's main…