As the 2014 midterm elections approached, the media were quick to criticize conservative donors like the Koch brothers for backing issues important to them. But journalists largely ignored the incredible financial power being used to promote the liberal agenda.
Five top donors – Michael Bloomberg, Warren Buffett, Pierre Omidyar, Tom Steyer and George Soros’s own son, Jonathan – are major funders of the left. Together, they have contributed at least $2.7 billion since 2000 to groups pushing abortion, gun control, climate change alarmism and liberal candidates.
President Barack Obama has come out strongly against corporations moving their addresses overseas in an attempt to pay lower taxes – while several of his own donors saved money by employing this very tactic, known as “inversion.” Yet, ABC, CBS and NBC have completely ignored that hypocrisy since the president addressed the issue on July 24.
White House Deputy Press Secretary Eric Schultz told Bloomberg News that even though Obama called such tactics “unpatriotic,” the president would keep cash from donors benefiting from tax inversion.
Update, August 19: On ABC “World News with Diane Sawyer” on Aug. 18, Senior National Correspondent Jim Avila included a soundbite from Texans for Public Justice Director Craig McDonald in his story. McDonald was merely introduced as a “critic,” with no ideological label, and Avila never verbally said the name of his group. The Soros connection and the group’s involvement in Perry’s indictment charges were not addressed. NBC and CBS still have not mentioned the group.
Sometimes it seems like there isn’t a single political issue that a Soros-funded group isn’t involved in. Texans for Public Justice, one of the groups behind Rick Perry’s indictment charges, is part of a “progressive” coalition that has received $500,000 from liberal billionaire George Soros.
How’s this for timing? The Washington Post’s Valerie Strauss, on the two-year-anniversary of the FRC shooting, launched its own attack on FRC – with the help of a study released by the Southern Poverty Law Center, the same group that inspired that shooter.
Here’s a quick recap: on August 15, 2012, a gunman entered the lobby of the Family Research Council in Washington D.C, planning to kill everyone inside the building and then smear Chick-Fil-A sandwiches in their faces (at the time, Chick-Fil-A was under fire for comments that its CEO, Dan Cathy, had made in support of traditional marriage). The gunman’s plot was only foiled by the quick thinking of the building manager, Leo Johnson, who ended up taking a bullet in the arm in the process.
Liberal media outlets often champion higher taxes, or at the very least lash out at businesses for finding ways to lower their tax bills. However, USA Today offered an editorial on Aug. 14, doing the very opposite: calling for lower corporate taxes.
In the “our view” section of the paper’s opinion page, USA Today’s editorial declared “To deter ‘inversions,’ overhaul corporate taxes.”
A new report suggested that liberal billionaire Tom Steyer’s hedge fund profited from a $1 billion San Francisco light rail project pushed by House Minority Leader Nancy Pelosi, D-Calif. Steyer was also a big supporter of Pelosi.
Despite being quick to criticize conservative political donors, the morning and evening news shows on ABC, CBS and NBC have all ignored the allegation since the Washington Free Beacon broke the story Aug. 12.
Money may not buy happiness, but it certainly buys access. Liberal billionaires George Soros and Tom Steyer met with John Podesta, the counselor to the president, to advise him on environmental policy.
Despite repeatedly hyping liberal fears about conservative donors influencing politics, ABC, NBC, CBS, MSNBC, CNN and major newspapers all ignored the meeting. Soros’ spokesperson and advisor Michael Vachon, who was also in attendance, told E&E News that the men “discussed a variety of topics,” according to the Washington Free Beacon.
Liberal journalists are fine with media moguls – unless the mogul happens to not be a fellow liberal. When word got out in July that 21st Century Fox owner Rupert Murdoch had made an offer to purchase Time Warner, the parent company for Warner Brothers, HBO and CNN, the media panicked.
Liberal loudmouths Bill Maher, who has a show on HBO and would be impacted by a Murdoch buy, and Jane Fonda, the actress and ex-wife of CNN’s founder, both expressed outrage. Maher called it “a terrible price to pay.” Vox.com, the self-proclaimed news platform started by former Washington Post wonder boy Ezra Klein, also criticized the proposed deal and tastelessly attacked Murdoch himself.
“Green billionaire” Tom Steyer has gone “clean.” He’s apparently kicked his coal habit – for all of 15 days. Up until June 30, 2014, Steyer was still making money off of fossil fuel investments through Farallon Capital Management (which he founded).
Yet, to the media Steyer “has become the environmental hero he set out to be.” ABC World News with Diane Sawyer on April 3 portrayed Steyer as the left’s answer to the “secretive” libertarian Koch brothers. While Andrea Mitchell on NBC “Nightly News” on Jan. 31 let Steyer’s criticisms of the Keystone Pipeline stand uncontested. The Washington Post dubbed him a hero, the left’s “own billionaire donor to counter the powerful Koch brothers on the right.” Tom Steyer had pledged $100 million to Democratic candidates this election cycle, to ensure that the Keystone Pipeline doesn’t get approved.
Media Research Center VP for Business and Culture, Dan Gainor, appeared on Fox Business' "Varney & Co." to discuss the BBC's decision to censor climate change skeptics.
On July 5, the British Broadcasting Corporation (BBC) announced it was training journalists to ignore skeptical views on man-made climate change. Rather than condemn the BBC, American media outlets like The Huffington Post, Salon and even the Washington Post have praised the BBC for this censorship.
It’s a day that both conservatives and liberals never thought would happen. An MSNBC host on June 23 actually took time out of his program to thank one of that network’s favorite bogeymen: David Koch.
Although he softened the blow by insisting that he still held to Sen. Harry Reid’s criticism of David Koch and his brother Charles (Harry Reid called the two “un-American,” and accused them of leading a “cult”), Lawrence O’Donnell, host of MSNBC’s “The Last Word with Lawrence O’Donnell,” had to admit that he was thankful for how much the conservative donor has given to hospitals.
Talk radio host Mark Levin discussed CMI's report on Warren Buffett's funding of the abortion industry.
Levin noted that "this guy is held up as this great public figure, even though he's a private, corporate titan. Tens of billions of dollars. $1.2 billion dollars, one man? And he's this great guy, he knows all about the economy -- he doesn't know anything. He's just another stupid billionaire."
"Politics so often felt dirty to me – all the lobbyists and the cozy dealings and the special favors for those who could buy access. But as I stood in the lobby outside Ted Kennedy's office, I felt as if I'd been washed clean," media favorite Sen. Elizabeth Warren, D-Mass., said in her book.
That quote sums up the message of Warren’s new book “A Fighting Chance.”
Published by Metropolitan Books, Warren’s autobiography “A Fighting Chance” was released on April 22. In it, she tells of her struggles as a child and young adult – and attacks conservatives, conservative media and anyone wealthy along the way. It also documents her planning political moves with the AFL-CIO, Ted Kennedy, Barney Frank and a Who’s Who of the left.
Despite a flurry of scandals surrounding the IRS, the media still trust the government, and liberal groups, more than corporations.
Media outlets, including CBS Moneywatch, Bloomberg View and Ezra Klein’s new Comcast-sponsored startup Vox, targeted Intuit Inc. for allegedly stonewalling the IRS’s attempts to streamline the tax filing system.
When its parent company’s planned merger made national news, NBC News turned into little more than the PR branch of Comcast.
Comcast-owned NBC has been almost eerily silent about opposition to the deal, since news broke that Comcast had plans to merge with Time Warner Cable. NBC’s four segments on the merger were mainly positive. Two of NBC’s four stories failed to mention any controversy about the mega-merger, and NBC disclosed that Comcast owned NBCUniversal in just two stories.
There were 192,000 jobs created in March, according to the Bureau of Labor Statistics (BLS) report released April 4. Some media outlets presented the idea that it was good the numbers weren’t lower than they were. But others including Bloomberg Businessweek latched on to the idea that many more jobs would have been bad for the economy.
Bloomberg Businessweek, The Washington Post’s Wonkblog, and a guest on CNBC all claimed that the jobs report was “not too hot, not too cold.” This is called the “Goldilocks effect,” after the classic childhood story. The argument was that if the jobs report is too good, the Federal Reserve will speed up the taper, which would “trigger a sell off in bonds,” according to the Bloomberg Businessweek article.
No need for the “share the wealth” crowd to worry. USA Today is ready to step into the void and stoke class division in the absence of Occupy Wall Street.
On April 4, USA Today profiled “The $100 Million Club,” a group of wealthy corporate CEOs, and contrasted their pay with the US median wage of $40,872 in 2013. A subhead on the print edition complained: “CEOs get richer, workers get left behind.”
The son of one of the largest liberal donors of all time campaigning against money in politics might seem a bit strange.
What's even stranger is that, while he was spearheading that campaign, he was simultaneously vice chairman and director of the board of his father's multi-billion-dollar Open Society Foundation. In 2011 alone, while Jonathan Soros was vice chairman and director of the board, OSF gave $58,013,593 to blatantly liberal organizations alone.
CNBC contributor Rick Santelli ranted against the media’s tendency to accept certain things as settled fact.
According to Santelli, the media, “whether press, TV or whatever it is,” aren’t focusing enough on presenting hard data. “I don’t care how many people visit a website. I want to know how many people, you know, have lost, how many people have gained, the intersection, how many people have paid, you know, kind of an analytical, quantitative approach.” [See video below.]
The Huffington Post doesn’t shy away from the far reaches of environmental craziness.
This time they’ve published an animated short film from Steve Cutts that they described as “Everything Wrong With Humanity, In One Short Clip.” The video was posted on March 27, but the writer noted that Cutts’ video, actually called “Man,” is from 2012. In the environmental propaganda animation, the entire history of mankind is portrayed as wanton destruction of the environment and every living thing.
The National Institute on Alcohol Abuse and Alcoholism (NIAAA) recently published a new report that not only misled, but was completely unnecessary. And CBS repeated it rather than criticize its irrelevancy.
The NIAAA study claimed that the number of alcohol related deaths has been vastly under-reported. However, this was misleading. A separate government agency NIAAA agrees with has been publishing the correct number of deaths for years, and media outlets have been using that correct data. So the new taxpayer study went looking for a problem that wasn’t there.
The Washington Post has a new tactic to justify erroneous reporting: the intention was to create debate.
Steven Mufson and Juliet Eilperin attacked the Koch brothers in a Washington Post article on March 20, claiming that the Kochs had a financial interest in the Keystone Pipeline. The article insinuated that was the reason many conservatives were promoting the project.
Media bias is a greater threat than terrorism, according to Rep. Lamar Smith. Rep. Smith heads the Media Fairness Caucus on the Hill.
The Business and Media Institute interviewed Rep. Smith about Internews, the liberal journalism group which has gotten more than $364 million in funding from the US government through the State Department and USAID. Internews also received $1.7 million from liberal billionaire George Soros.
Michelle Obama’s highly touted “Let’s Move” campaign might not have its first victory after all. Despite healthy living advocates touting a decline in obesity among preschoolers, that CDC claim of a 43 percent decline in a decade might not be at all true.
In fact, the data is so vague that the obesity rate may actually have increased, according to Reuters. ABC and CBS praised the statistic as a victory for Obama’s healthy living campaign when it came out, but failed to mention on news programming the evening of March 16 or the morning of March 17 that the statistic was called into question.
“Congress Never Has to Wait for the Cable Guy,” so says Bloomberg Businessweek.
Todd Shields, Stephanie Green and Laura Litvan wrote about Comcast’s cozy relationship with DC, especially to the White House. It was published online March 6.
They reported that Comcast executive vice president David Cohen “raised at least $500,000 for Obama's 2012 reelection,” and hosted a fund raiser for him at their home in Philadelphia. The story also quoted President Barack Obama saying at that fundraiser, “I've been here so much, the only thing I haven't done in this house is have seder dinner.”
Saturday Night Live this week included a skit that portrayed people who shut down Planned Parenthood Clinics as bad men who had their heart broken by some girl when they were 18 and never got over it.
During the skit, protesting against Planned Parenthood was used as an example of how out of touch a dorky guy was. The actor, with slicked down hair and an emphasized nasal voice, argued that men deserve to be paid more than women always, before his proud (but unaware) girlfriend proudly volunteered that he had helped to shut down two Planned Parenthood clinics. (Video below)
“Opening Bell with Maria Bartiromo,” hosted by the former CNBC host, premiered Feb. 24, on Fox Business Network. According to Business Insider, part of the appeal for Fox News to hire Bartiromo was her ability to “book big-name guests,” which would increase the amount of exclusive content on the cable network.
Bartiromo’s guests on first FBN show included bank analyst Dick Bove, Dallas Fed President Richard Fisher, Gamco CEO Mario Gabelli, CEO of Nissan Renault Carlos Ghosn and House Majority Leader Rep. Eric Cantor.
CNBC’s Rick Santelli is a man who isn’t afraid to speak his mind. His Feb. 19, 2009, rant was credited with inspiring the start of the Tea Party. It’s not alone. Santelli raises his voice on the floor of the Chicago Board of Trade whenever he feels that an important point of information isn’t getting enough attention.
Complete with arm waving, props and a lot more facts than liberals are comfortable with, here are what we at the Business and Media Institute have decided are the five best Rick Santelli rants of all time.
Comcast announced that they reached an agreement to purchase Time Warner Cable. The acquisition will combine the largest two cable providers, according to Feb. 12, New York Times article. The move will give Comcast, which already owns NBC Universal and MSNBC, even more influence, allowing it to expand into Time Warner controlled territories including New York and Los Angeles.