The mainstream media are hard at work ginning up economic fears and class envy storylines. One need only look at CBSNews.com and two articles teased on the front page to get how the media are making the economy a melodrama scripted in favor of liberal Democratic talking points:
Granted, that is far more subtle than other economic coverage we've noted at NewsBusters, but the media have a clear interest in furthering news items that fit into liberal Democratic talking points about the economy and the ever-so-evil oil companies.
Indeed, the "monster profit" item is sure to be a soundbite suitable to the John Edwards wing of the Democratic Party, and as we at NewsBusters have noted, the media have gone out of their way to pour praise upon the class warrior's failed candidacy.
Update (13:10): The picture shown above is from a screen grab shortly after 1 p.m. EST and hence after this item was written. It appears the editors at CBSNews.com are aiming to make this story front and center, whereas when I posted this blog entry, the headlines were in smaller type in a list of top headlines.
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The headline should read:
Fri, 02/01/2008 - 13:00 ET by kgEconomy Faces 'Body Blow' While The Clintons See 'Monster Profits'
Here we go again. Of
Fri, 02/01/2008 - 13:01 ET by mattmHere we go again. Of course they're making monster profits: The environuts have regulated energy supplies into a false scarcity and energy prices to at least 100% more than they should be.
The Left and the Rinos are the real culprits, but they blame the corporations.
Drill ANWR, build refineries and ban ethanol and you will see gas prices drop by at least 1/3 and the economy will BOOM. But, sadly, we don't have a single politician with the gonads to attempt it.
CBS kills poor: OFFICIAL
Fri, 02/01/2008 - 13:17 ET by Jack BauerThe corporate shareholders investing in CBS must be so pleased that the people running it have such an antipathy for "profit."
Maybe they should start by cutting Katie Couric's $15 million per annum salary. She being such a capitalist whore.
Think how many soup kitchens CBS could fund if they paid her a more than adequate £2 million, and used the $13 mil for the poor. Like ME! I'm poor, honest.
That's how it works doesn't it. The more people like Couric profit, the less CBS can devote itself to charitable causes. It's a ZERO PROFIT GAME.
Here's a thought to all those socialist journalists that seem to infest the MSM like rats in a sewer... SET AN EXAMPLE FOR THE REST OF US FIRST...
For instance... CBS can institute a "COMMUNE" Broadcasting System.
All workers are paid a flat salary, no matter what their status. Because who can really say what one human being is worth compared to another.
Any surplus left over should not be distributed to the workers, but paid in VOLUNTARTY taxes to the State. Because, as liberals teach us, the state is far better at deciding how to spend your money than you.
Do that for 10 years, and then report back.
That's Katie Couric's business and ours
Fri, 02/01/2008 - 13:19 ET by Daniel BakerCelebrities are entitled to make what the can get, but we should be a very judging society if the do not give most of that money to the poor or if they live too extravagantly.
Too bad we instead worship people who live a lifestyle that is wasteful and extravagant. It's funny how poor people are entertained by someone on TV spending more in one clothes shopping trip than they could ever dream of making in one year.
You all are missing the
Fri, 02/01/2008 - 13:44 ET by KillgraveYou all are missing the point. Oil companies, like other evil capitalistic entities, hoard their ill-gotten profits, which they stole from the poor.
They take those profits and bury huge piles of it in underground vaults like Scrooge McDuck. They stand at the foot of these mountains of money, rub their hands together, and bellow "mwah-ha-ha-ha-ha-ha!!".
Oh yeah, they also drive cars made out of solid gold, and light cigars with $100 bills.
We're lucky we have heroes like Hillary Clinton who are courageous enought to "take those profits" and actually do something useful with them.
here's an idea
Fri, 02/01/2008 - 15:06 ET by candanceLet's talk about why the government taxes something like 40 cents a gallon (nearly ten times that of the oil company) and still pretends to care about working class families who can't afford to pay it.
Our government today is running like a shopaholic housewife who runs up all the credit card bills and spends her husband's paycheck, then gets angry when he hides few hundred to pay the rent.
cd... ROFL! I love your
Fri, 02/01/2008 - 15:10 ET by bigtimercd...
ROFL!
I love your analogy referring to the housewife...good one!
We don't need any new
Fri, 02/01/2008 - 18:55 ET by ConservativeRexWe don't need any new refineries. The refineries we have are running "balls out". In other words at or over 100% capacity. When the margins are right, they make money. Most of the international petrochemical companies have their hands in more than a measly gas pump. At least in the US, State and the Federal Governments have seen to the margins in that endeavor (gasoline sales).
Maybe the Clinotnistas and their ilk would like to nationalize all the petrochemical companies? It's happened all over the world. If you think these Marxist wouldn't have a clue on how to run medicine in this country, just put 'em in charge of Oil.
We used to have a saying in the oil patch. If they didn't like what we were charging for oil and NG coming from Texas then "let 'em freeze in the dark". That offer still stands. Don't like it? Tough, build refineries in YOUR state. Oh that's right, when it comes to refineries it's NIMBY, isn't it?
Meanwhile, there are plenty of jobs right here on the Gulf Coast for those that want to work. And at least here in the Oil Patch, if you can't work you can't stay. Sorry, we don't need to import any goldbricks.
I well remember the early 1980's, when we in the oil patch were having a rough time. I also remember how the rest of the country were pretty gleeful at our predicament. I'm a refinery rat, so I got through it in good shape but a lot of folks I know didn't. Well they're doing pretty good at the moment.