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Home » Blogs » Iris Somberg's blog
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Soros-Funded Media Toe Liberal Line in Debt Coverage

By Iris Somberg | August 10, 2011 | 11:42

A  A
Iris Somberg's picture

Coverage of the debt battle and ratings downgrade by Soros-funded media outlets followed the standard liberal line. Conservatives are blamed for blocking tax hikes, the ratings agency itself is called unreliable, and increased financial regulations are called for.

Forget the House proposal of Cut Cap and Balance. Further spending cuts aren't even given the time of day among top Soros-funded news sites, unless they are being criticized. Increased taxes are the only option in their world.

Democracy Now!, part of the Soros-funded Media Consortium, called Congress's plan to reduce spending ''a declaration of war on the poor.'' Alternet, an unhinged liberal blog under the Media consortium umbrella, blamed conservatives for ''stoking economic hysteria to force catastrophic cuts.''

The Media Consortium describes a plan ''in which a message pushes the larger public or the mainstream media to acknowledge, respond, and give airtime to progressive ideas because it is repeated many times.'' This ''echo chamber'' has followed the liberal line once again.

The Center for American Progress, which received $7.3 million from Soros's Open Society Foundations, jumped in to go after House Majority Leader Eric Cantor, R-Va., and House Republicans for not raising taxes on their blog Think Progress.

Instead of talking about the failure of Congress and the President to implement significant cuts, the Soros media went after the 'unreliable' ratings agency Standard & Poor's. Since S&P downgraded the U.S. from AAA to AA+, they were clearly the ones to blame.

The American Prospect, which received $875,000 from Soros and is also part of the Media Consortium, said ''recent events have also called Standard & Poor's credibility into question.'' ProPublica, another Soros group, also questioned S&P's ratings while Alternet described them as ''the discredited and corrupted rating agency.''

The Center for Public Integrity's iwatch news even called for more financial regulations to fix the problem. The center received $3.7 million from Soros. Think Progress manages to top this by criticizing local news broadcast from across the country for not blaming the downgrade on the failure to increase revenue.

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Stop George Soros

Comments

This idiot betrayed his own

Submitted by rbosque on Wed, 08/10/2011 - 11:50am.

This idiot betrayed his own people, he has nothing but contempt for this country and doesn't care if we collapse as a nation, in fact he's counting on it.

"It may be true that you can't fool all the people all the time, but you can fool enough of them to rule a large country"......Will Durant
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Don't people realize

Submitted by HockeyKid on Wed, 08/10/2011 - 11:52am.

that Soros makes billions from betting on economic failure? If anybody wants to see America fail more than Obysmal, it's Soros. Worldwide economics will gain 20 health points when he finally kicks over.

"Beauty is only skin deep, but liberal's to the bone." - me

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Soros Is a Criminal

Submitted by Motormouth KOS on Wed, 08/10/2011 - 11:57am.

Who has been feasting on international currencies for over 20 years to fatten his bank account.

I wish we could send him back to Hungary so he could go to work for a living.

He's been convicted of insider trading and should have been jailed for it.

He advocated legalizing the chronic so that Americans will dope themselves up and not pay attention while he tries to dismantle our economy.

If he was crossing the street and I was driving the car.......................

The Obamination... A crisis leading to a catastrophe..(please donate to MRC)

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Did Soros Benefit from

Submitted by Comrade Jim on Wed, 08/10/2011 - 12:54pm.

The Obama downgrade?

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Oh, Comrade.

Submitted by Newsbubba on Wed, 08/10/2011 - 3:34pm.

Don't I wish we knew just how much Soros made in the last week just shorting the market that he keeps getting his sock puppet to cause to roller coaster.

It could be billions!

One day we will have a SEC and Justice Dept. that will uncover this international criminals dealings.

SEAL Team 6, where are you?

Comrade Bubba
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SEAL Team 6

Submitted by jon_torlin on Wed, 08/10/2011 - 4:28pm.

SEAL Team 6, where are you?

Resting in peace. :-(

As for how much he made, I read somewhere it was some 10/1 ratio.

Don't know exactly how much, but that was the scale for whatever stock it was.

-Jon

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Soros? I don't know how much

Submitted by bassndude on Wed, 08/10/2011 - 4:57pm.

Soros? I don't know how much he made, but as I said Wed or Thurs, "Buy the VIX!" I bought VIX at just under 24.00 on Wed. the third, and sold today at 44+change. Making money on a falling market is not that hard, if you don't mind risking the most of you cash.

Selling stocks short and buying back at the end of a day like today is another way. But really not my style. Just buy the index's that follow the volatility.

Soros is not the only one that made money off of it.

 

Save a SeAL, club a liberal/troll!!

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You're right, dude...

Submitted by Newsbubba on Wed, 08/10/2011 - 5:03pm.

... but I'll bet that he is the only one with his hand up the sock puppet's butt getting him to move markets for him.

Comrade Bubba
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And Henceforth, His New Name Shall Be...

Submitted by Motormouth KOS on Wed, 08/10/2011 - 12:57pm.

President Downgrade

or

Professor 201k

or

Doctor Depression

The Obamination... A crisis leading to a catastrophe..(please donate to MRC)

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How about RBFSOB?

Submitted by Newsbubba on Wed, 08/10/2011 - 4:08pm.

.

Comrade Bubba
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Soros is God....

Submitted by adamsmith on Wed, 08/10/2011 - 1:11pm.

At least he claimed to be God. I just wonder how much longer this anti-Christ gets to live. I hope God sends him to Hell soon. He's creating a Hell on Earth here.

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Montgomery Soros died years

Submitted by Jack Bauer on Wed, 08/10/2011 - 1:16pm.

Montgomery Soros died years ago,

This is just his lifeless body animated by micro-circuitry and controlled by satellite.


All of the above Mr Obama? --- How about ALL OF THE BELOW, instead.
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