Sequester BS

Bozell: Media Simply Won't Report on Sequester Accurately, the GOP Has to Go Over Their Heads to Make Case to American People

By: NB Staff | February 21, 2013 | 12:25

The media don't care about the fact the the sequester was President Obama's idea in the first place, NewsBusters publisher Brent Bozell noted on the February 20 edition of CNBC's Kudlow Report. What's more, the media certainly don't care that the sequester will impose a mere two percent reduction in federal spending, hardly a "meat cleaver" approach to reducing spending.
The media are "beyond redemption" on the issue, so it's up to the Republican Party to directly make their case to the American people, the Media Research Center founder insisted during a panel segment with liberal economist Jared Bernstein and conservative former New York congresswoman Nan Hayworth (R). "What the Republican Party should be saying to Mr. and Mrs. America is this is an out-of-control government and they can't even cut two percent without claiming that the world is going to come to an end.... This should be a no-brainer." [To watch the full segment, click play on the video embedded below the page break]

Read more: http://newsbusters.org/#ixzz2LaTMVifV

(AP Photo)

Finally: Obama Calls Boehner, McConnell

President Barack Obama spoke to Republican congressional leaders on Thursday in the first sign of movement toward heading off across-the-board government spending cuts that could go into effect in a week. White House spokesman Jay Carney said the president had placed calls to Speaker John Boehner and Senate Minority Leader Mitch McConnell. The conversations were "good," Carney said, but he declined to provide details. [Full Story]

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The True Story Behind the Financial Crisis

Expert: Accepted narrative of the 2008 financial crisis is wrong

BY: Andrew Evans  —  February 21, 2013 2:38 pm

Peter Wallison on Wednesday lamented the poor understanding people have of the underlying causes of the financial crisis, arguing that a false narrative of the crisis led to the Dodd-Frank Act and continues to stymie real reform in the financial sector. 

A Toothless Trade Secret Strategy

Obama strategy to protect U.S. corporate secrets limited to diplomacy, law enforcement

BY: Bill Gertz  —  February 21, 2013 4:59 am

A new White House strategy designed to protect trade secrets from economic espionage limits United States government action to diplomatic and law enforcement measures.