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On Thursday morning's "Squawk Box," CNBC's on-air editor Rick Santelli sounded off against raising the debt ceiling, the Democrat-controlled congress' failure to pass a budget last year, and "spendthrift" politicians. The rant echoed his famous 2009 diatribe where he called for a Chicago "Tea Party." "It's a matter of principle. If we can't do the discretionary spending now, what chance do…

Old media is nothing, if not oblivious to its consistently declining popularity among the public at large. This tired, but time-tested pattern of misplacing causes of failure was borne out once again via the recent musings of none other than the soon-to-be-former CBS "Evening News" anchor Katie Couric. In a Q & A published Monday in the New York Times, interviewer Adam Goldman questioned…

On Morning Joe today, ad man Donny Deutsch called Glenn Beck a "despicable putz."  For good measure, Deutsch also described Beck as "a disgusting human being." Deutsch was reacting to a clip of Beck from yesterday confirming that he was indeed leaving his Fox News show. Deutsch was clearly proud of his epithet, regretting that Pat Buchanan didn't respond to it in his subsequent comments…

It used to be a cliche that a threatened federal shutdown would send liberals and journalists scurrying to show people harmed by highlighting a closed Washington Monument and disappointed tourists – a cliche ABC’s Jake Tapper turned into a reality Wednesday night. He, however, shamelessly went even further, invoking not only how “landmarks will close” – citing the Washington Monument, the…

We knew it was coming. Every person concerned about the nation's impending fiscal collapse knew that any proposal to fix the problem - entitlement spending - would be met by shameless demagoguery and fear-mongering by leading liberals. Minority leader Nancy Pelosi and newly minted DNC chair Debbie Wasserman Schultz did not disappoint. President Obama's own pleas to not play politics with such…

HOUSTON -- On the day of the NCAA men's basketball final, the Supreme Court handed down a decision that is likely to produce champions for generations to come. By a 5-4 vote, the majority upheld an Arizona tax-credit program that, writes David Savage of the L.A. Times, gives taxpayers a "dollar-for-dollar tax credit, up to $500 per person or $1,000 for a couple, for those who donate to…

Apparently, megalomaniacs need schedulers. Just ask George Soros. The left-wing billionaire is helping fund two major conferences that start on the same day, in two different locations just a three hours apart by car. Two liberal events packed into one long weekend. God created the world in six days. Apparently, Soros, who sees himself as “some kind of god,”needs just a long weekend to start…

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…

Last Friday, in what one would think would be a bombshell story headlined "Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak," Bloomberg's Bradley Keoun and Craig Torres reported that foreign banks secretly and routinely tapping the Federal Reserve's "discount window" lending program, primarily in 2008 and 2009. Some specifics: "(The) loans protected a lender to local…

In the midst of Republicans insisting on defunding NPR, the network thumbed its nose at the GOP again on Tuesday night's All Things Considered newscast by having a book review offered by hard-left "comedian" and failed radio host Janeane Garofalo. The book she reviewed was Tina Fey's new memoir, titled Bossypants. Garofalo spent most of the review in a rut of self-pity, but this political…

That's OK, he wasn't planning on any speaking gigs from AARP anyway. As is his wont, libtalker Ed Schultz revealed his underlying opinion on a specific subject without even being aware he was doing it, this time on senior citizens. Here's Schultz on his radio show yesterday with his warped take on elders, after initially referring to Republicans' proposed budget plan calling for broad…

On Tuesday's All Things Considered, NPR's Melissa Block grilled Congressman Joe Walsh, a newly-elected member of the House Tea Party Caucus, on the impasse over the federal budget. Block questioned Rep. Walsh if there was any "middle ground" on the issue, and pressed him with the Democratic caucus's label that the Republicans' budget proposals are "out of whack and unreasonable." The host…

New York Times chief economics writer David Leonhardt argued against the deficit-reducing House Republican budget written by Rep. Paul Ryan in his Wednesday front-page Business Day column “A Lopsided Proposal for Medicare.” Instead, Leonhardt called for higher taxes on "affluent Americans"(his reasoning: All wealthy countries do it). It’s one of his favorite arguments for redistributing the…

Trashing Rep. Paul Ryan (R-Wisc.) as "Dr. Kevorkian," CNN political contributor Paul Begala condemns the congressman's bold proposal to revamp Medicare in his latest op-ed for CNN.com. If the GOP follows Ryan's plan, "like lemmings," Begala writes that their agenda will end in disaster. He interprets the plan as nothing less than an attempt "to deny ill and infirm seniors the health care…