The Washington Post presents a "paradox" wrapped in a "conundrum" inside a "quandary"–all on top of a big heaping of right-wing policy advice for the left.
Former Reagan budget director David Stockman is outraged–outraged I tell you!–by the Federal Reserve increasing the money supply. In a lengthy op-ed on the front page of the New York Times Sunday Review (3/31/13), he condemns "the mad money printers at the Federal Reserve" with their "egregious flood of phony money" and "a radical, uncharted spree of money printing." The Fed's "panic-stricken melee of…money-printing," he writes, is part of "the single most shameful chapter in American financial history." For all this moral indignation, however, he never gets around to explaining what exactly is wrong about "printing money." It's certainly possible [...]
Why do we need "serious spending cuts"? Milbank assumes the answer is so obvious that it need not be explained–everyone knows the more cuts, the better. All the serious people, anyway.
FAIR's new alert takes CBS Evening News to task for relying heavily on CEOs associated with the corporate-backed Fix the Debt campaign in their recent reporting about the so-called "fiscal cliff." If you're sending an email to CBS, please consider pasting your message in the comments section below.