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On CNBC's The Call, while purporting to describe "the value of our money," Larry Kudlow lit a U.S. dollar bill on fire, destroying part of the bill -- a possible violation of Title 18, Section 333, of the U.S. Code.
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Politico reported that Larry Kudlow "confirmed his interest" in running against Sen. Chris Dodd in 2010 and quoted Kudlow saying: "I'm thinking about it, that's all I can say ... it's the kind of thing where I'm talking to friends, talking to strategists, talking to my wife, and praying on it." Less than three weeks earlier, however, Kudlow suggested in his capacity as a CNBC host that Dodd should be "impeached," saying that Dodd "has yet to divulge fully his sweetheart mortgage deals with the former Countrywide. He's re-fi'ed his mortgages, but we don't know those documents, either. Instead of being impeached, he's still around."
On CNBC's The Call, while discussing the Obama administration's Homeowner Affordability and Stability Plan, Larry Kudlow -- echoing remarks by Rep. John Boehner -- claimed that "the people who win here are Fannie and Freddie. The Americans who paid their taxes on time and their mortgages on time get hurt." However, as economist Paul Krugman noted: "[T]he government took over F&F months ago."
A New York Times essay by Jason DeParle highlighted a resurgence of the use of the word "welfare" among conservatives, this time to attack President Obama's economy recovery plan. Indeed, while economists agree that provisions in the legislation targeting needy people are among the most economically stimulative, Media Matters documents below the pervasiveness of what DeParle called the "weaponiz[ation]" of the "very word, welfare," in the media, particularly, but not exclusively on Fox News, to denounce the stimulus bill.
Numerous media figures have asserted that the proposed stimulus package supported by President Barack Obama would amount to spending at least $223,000 for every job created, echoing a press release issued by the Republicans on the House Appropriations Committee. But by calculating the per-job cost by dividing the estimated total cost of the stimulus package by the estimated number of jobs created -- and thus suggesting that the sole purpose of that package is to create jobs -- these media figures ignored other tangible benefits stemming from the package, such as infrastructure improvements and education, health, and public safety investments.
In recent days, members of the media asserted that Sen. Hillary Clinton displayed "mood swings," "could be depressed," "[r]esembl[ed] someone with multiple personality disorder," and "has turned into Sybil."
On Morning Joe, Larry Kudlow asserted that "on the campaign trail, Democrats trashing this economy, talking about raising taxes across the board are totally, utterly missing the boat here." In fact, the leading Democratic candidates for president have all proposed economic plans that include some tax cuts.
On Kudlow & Co., Larry Kudlow allowed Republican presidential candidates Mitt Romney and Rudy Giuliani to mischaracterize two statements by Sen. Hillary Rodham Clinton to portray her as being opposed to free markets. In fact, in one instance, Clinton went on to say that "there is no greater force for economic growth than free markets," and in the other, she said that "the market is the driving force behind our prosperity."
In a recent column, Larry Kudlow wrote that "David Geffen has reminded folks what it was like when the Clintons were in the White House" and proceeded to list some of "Bill Clinton['s] lies," according to a Google search. But many of the "lies" Kudlow collected are actually well-worn falsehoods about the Clintons and a rehashing of "scandals," such as Whitewater and Filegate, in which they were absolved of wrongdoing.
Media figures have attributed Democratic gains in the House and Senate in the midterm elections to the number of wins by conservative or moderate Democratic challengers and have suggested that because the party's victory in the House was purportedly "built on the back of more centrist candidates," the incoming Democratic majority will be sharply divided. However, a Media Matters for America survey of the policy positions of 27 victorious House candidates found that they all agree on a core set of issues, including raising the minimum wage and protecting Social Security.
Several members of the media have complied with the Bush administration's efforts to rebrand the "global war on terror" by adopting the administration's newest catchphrase: Islamic fascism.