An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Wednesday, March 17, 2021
Wednesday, March 6, 2013
Economic illiterate and degenerate, Bill O'Reilly, rips another meek Progressive
Economic illiterate and degenerate blowhard Bill O’Reilly went ballistic on his show the other night, screaming at liberal Fox News whipping boy Alan Colmes and shouting “bull-blank.” (Utterly ridiculous, bull-blank? Seriously?)
O’Reilly called Colmes a “liar” because he said that Colmes couldn’t name one program that has seen a reduction in spending even though Colmes repeatedly stated, Medicare, which saw a $10 billion dollar reduction in FY 2012 vs FY 2011. In addition, Medicaid was down by $23.7 billion, NASA down by $1 billion, Federal salaries (not a program, but still a target of fiscal conservative ire) down by almost $3 billion and there’s more. The numbers are there.
While O’Reilly did the typical bully job on meek Colmes, Colmes deserved it for doing the usual liberal/progressive thing of not having any facts to back up his arguments. The progressive leadership (of which Colmes is a part due to his media presence) is a BIG part of the reason why the movement is not going anywhere. It is easily countered or destroyed by the "bull-blank" conservative dogma.
Here's the video.