NBC Nightly News Mentions Jet Tax Loophole Twice, Ignores It Was Part of Obama's Stimulus
The "NBC Nightly News" mentioned the corporate jet tax loophole twice in its report concerning Barack Obama's press conference Wednesday.
Unfortunately, Brian Williams and Chuck Todd neglected to inform viewers that this loophole was part of the President's stimulus package in 2009 (video follows with commentary):
During his over one-hour press conference, the President mentioned the need to close this loophole for the "rich" six times.
But as the Associated Press reported in February 2009, this was actually part of that year's stimulus package (h/t Heritage Foundation):
Just a few months after lawmakers scolded auto executives for flying to Washington in private jets, Congress approved a tax break in the stimulus package to help businesses buy their own planes.
The incentive -- first used to help plane makers recover from the 2001 terror attacks -- sharply reduces the up front tax bill for companies who buy assets like business planes.
The aviation industry, which is cutting jobs as it suffers from declining shipments and canceled orders, hopes the tax break in the economic-stimulus bill just signed by President Barack Obama will persuade more companies to buy planes and snap a slump in general aviation that began last year.
Pretty amazing that the President made a big deal on Wednesday over a tax loophole that he himself thought was a good idea when it was included in his stimulus bill two years ago.
Equally absurd was that the "Nightly News" would refer to this tax break twice in its report on the President's press conference without noting the delicious irony.
This seems particularly negligent given NBC's fascination with so-called gaffes and hypocrisies associated with Republican presidential candidate Michele Bachmann. There have been a minimum of three such reports filed by NBC News this week.
Yet the current President mockingly proposing to close a tax loophole that he extended and trumpeted shortly after taking office deserved absolutely no mention.
As NewsBusters has been cautioning for months, Americans better get used to this kind of duplicitous coverage from Obama's media shills.
Until the elections are over, he could probably throw up on a visiting dignitary without it being reported while a Republican presidential candidate sneezing without covering his or her mouth will likely garner the attention of a breast popping out during a Super Bowl halftime show.
Maybe even more.
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Comments
BHO is becoming dangerously
Submitted by d1carter on Thu, 06/30/2011 - 1:13am.
BHO is becoming dangerously incompetent. His presser today was spooky.
The other day Obama gets the
Submitted by Van Halen on Thu, 06/30/2011 - 1:15am.
The other day Obama gets the wrong dead soldier. Then he screws up on the loophole HE made. Then he gets his daughter's age wrong. But by God, Bachmann may have something - SOMETHING hidden in one of the 23 children she provided foster care for.
What a worthless, stinking, horrible media we have.
Guess he did not take
Submitted by Dan The Man 2 on Thu, 06/30/2011 - 1:46am.
Guess he did not take Peloosi's advice and read the bill when it was passed.
Am I the only one that always
Submitted by VBaxter on Thu, 06/30/2011 - 1:48am.
Am I the only one that always hears a train whistle with Obama's 'S''s?
Ron Paul 2012
Nope....
Submitted by SamC on Thu, 06/30/2011 - 7:37am.
Nope... You're not alone. That drives me crazy. In addition, the fact that 'the great orator' can't seem to say the word 'to' correctly. He says 'ta'. He's sooooo smart!
Yes, let's all sit on our asses while this Kenyan commie...
Submitted by Dave. on Thu, 06/30/2011 - 1:52am.
...from Hell destroys yet another industry.
He's already destroyed mine, along with many others.
How long will it be before he destroys yours?
Wake up, you stoopid sheeple.
-Dave
Vote for the American in November
And please spare me the BS about how this sh*t is going to be...
Submitted by Dave. on Thu, 06/30/2011 - 1:59am.
...fixed beginning in November of 2012.
I have heard enough of that bovine scat to cause a whole pasture full of billy goats to choke, hurl, and puke.
-Dave
Vote for the American in November
Government sucker punch, Oh yea you can do that.....
Submitted by upcountrywater on Thu, 06/30/2011 - 3:10am.
then after you invested your bucks, WHAMMO sorrie pal, you can go now thanks for your money, shew go away.
A classic sucker punch close to me.. Superferry, Hawaii is still the only island group on the planet without a ferry, Haiti has it now..
You Didn't Build That.
Oh jeeeeeez, no ka
Submitted by killa37 on Thu, 06/30/2011 - 3:30am.
Oh jeeeeeez, no ka oi.............I'm sure that you heard all about the action over here during that Superferry ordeal. It was ludicrous.
Personally, I wasn't really for it,because I didn't think that they had a good business model,and also I thought that it was being shoved down our throats............but my mentalilty was to let the market sort it out,which it did.
But, as you know, there was some SERIOUS action going on here on Kauai!!!
HEY killa you from KOW EYE! I got family all over
Submitted by OldJarhead77 on Thu, 06/30/2011 - 9:40am.
Maui and Kauai brah....... anyway HOWSIT!!!! I have an uncle that lives there and My Mom was born on Maui so her folks are all over there! I know what you mean brah... you would think that if hes from the islands he would help instead of not doing anything!
Aloha OldJarhead77, Killa and I are the only conservatives
Submitted by upcountrywater on Thu, 06/30/2011 - 12:23pm.
in the entire state. HA
You Didn't Build That.
Aloha
Submitted by killa37 on Thu, 06/30/2011 - 2:16pm.
Aloha jarhead................and, as a guy said to me recently - 'wow, brah - you still stay yet'???
Killa Got that right, Maui No Ka oi... heh heh
Submitted by upcountrywater on Thu, 06/30/2011 - 12:12pm.
I do inter-island business, and the ferry was about 1/2 the cost of what Young Brothers charges. The ferry was catching on, In it's last month of service the ferry started making 2 runs a day.
Gee whiz YB didn't need to go through the Additional EPA bs.
No Killa the government Killed the superferry.
Hawaii sure loves it's monopolies, check Hawaiian air tickets lately, sample this LIH to OGG!
The latest is that the socialist state gov wants to run it, along with that stinking light rail....A soon to be rusting boondoggle I pay tax on...Can you say rust as in Aloha Stadium...
You Didn't Build That.
Yeah.
Submitted by killa37 on Thu, 06/30/2011 - 2:14pm.
Yeah. upcountry..........there was a lot of shibai going on, as you know..........like I said, I wasn't all that excited about it, but I'm a free-market guy, and hell, I might have used it to go see my family and grandson on Oahu with my truck!!! But it got protested to death over here.........and by a lot of people that I know, too!!! And they were griping about the Coast Guard - and my #2 son is an officer in the Coast Guard (elsewhere), but when he was visiting here, he set some of these people straight with regards to the Coast Guard's role in enforcing Maritime Law.
Let's not even talk about YB..........we allready know where they're coming from!!!
Yep, it costs me a pretty penny to go visit Oahu and back................I could go have a weekend in Vegas for just a few dollars more!!!
That rail seems like another project being forced down our throats, huh???
I've got a funny story about the SuperFerry. I happened to be on Maui - Kahalui Harbor - one morning when the Ferry came in. I watched it dock and unload - right next to the YB barge. It wasn't very full, actually........but I called a loony lib friend of mine over here on Kauai and told him that I was watching the SuperFerry unload. I told him about all of the invasive species, and cocqui frogs, and thieves and burglars, and lava-rock stealers, and California surfers, and illegal Mexicans, and anything else that I could remember that the anti-Ferry crowd was blabbing about...........including a whole fleet of Stryker military vehicles!!! Plus, I even told him that there was the carcas of a PREGNANT whale.......AND a dead monk seal.......plastered onto the hulls of the Ferry from being run over!!! At that point, he said something I can't repeat here and hung up!!! Hahahahahahaha!!!!
Believe it or not, I know a LOT of conservatives over here...........a lot more than one might imagine.
Imua,
Killa
o'bama's anti-job economic plan
Submitted by ThisnThat on Thu, 06/30/2011 - 7:19am.
o'bama's only money-making scheme? - Raising $1B in compaign funds for his re-election.
__________
“Didn't win the Medal of Honor? Didn't even serve? Then lie about it. We'll support you." — 9th Circuit Court
I caught some of this
Submitted by killa37 on Thu, 06/30/2011 - 1:56am.
I caught some of this travesty this morning, and also listened to some audio clips later on. This guy does NOT live in the same world that we live in, boys and girls!! I've never heard such pathalogical,incompetant, irresponsible, unbelieveable bullsh*t coming from ANY public figure in my life - not ONE!!! Plus..............the guy CANNOT speak , or think, well off-the-cuff!!! His handlers must be on pins and needles everytime he does this - which is why he NEVER does it!!!
I've taken an eye test - where you look into a blank screen and you have to 'catch' the little moving icon when it pops up for a nano-second. This is how Boy Barry seems to search for a coherent thought.........or maybe a believable lie,whiatever you want to call it.
And the press just sits there and accepts the fact that this is some kind of intelligent human being standing in front of them???
Plus,it's TORTURE listening to him!!!
I think the guy is on something............other than his brainwashed mediocre pea-brain.
By the way, if the
Submitted by killa37 on Thu, 06/30/2011 - 2:01am.
By the way, if the 'Republicans' buy into ANY of this crap.................I WILL move to France!!!! Oh, wait, I can't afford it!!!
killa, In a word...
Submitted by Dave. on Thu, 06/30/2011 - 2:15am.
...we're so screwed it ain't even funny anymore.
Not even remotely.
And if Bonehead the Clueless plays one more round with the Chairman, he should be forced to play from the red tees.
I'll explain that tomorrow, assuming I still have an account here at NB, as I am about ten miles beyond disgusted with most of my fellow Americans right now.
And don't even get me started with those worthless gas bags in the House, who have been AWOL for nearly six months.
-Dave
Vote for the American in November
I'll tell ya.
Submitted by killa37 on Thu, 06/30/2011 - 2:57am.
I'll tell ya. Dave...........my ol' BBQ buddy...........I can't disagree with you!! And I am the ultimate optimist........probably delusional!!
I wanted to puke when I saw those guys playing friggin' golf with Boy bin Barry!!! I wouldln't give this muvah-falkah the friggin' time of day from now (actually, two years ago) until election day. He is NOT worth it!!! There is NOTHING to be gained from doing ANY 'compromise' or 'negotaition' with this traitor. And guess what.............WE FRIGGIN' WON!!!! We don't NEED to talk to the guy - he's a friggin' moron anyway, but his handlers and his puppetmasters are VERY dangerous, and that makes him dangerous as well.
I'd act like he was the goddam AIDS virus, and ignore whatever he wants, or says, or thinks.........becuase I can't think of ONE thing that is going to be benificial to OUR agenda, or OUR point of view,or OUR country...........and I'm talking about you and me and millions of others like us. As for the other guys...........screw 'um!!! They've been screwing us for along time, and leeching off our hard work and responsibility and honesty and ethical values. I don't CARE about them at this point........and they have NEVER cared about me,or you,or millions of others.
If we get booted outa here...........for being honest??? I don't think so..............unless the REGIME overtakes this website and declares it to be illegal!!! We ARE the voice or reason and common sense and sanity...................why the hell do you think the libs are so paranoid about us???
I"m friggin' disgusted too............and I don't like being in a bad mood, because it doesn't suit my personality. Right now, I'm not sure how I'm going to get through the week........much less next week!!! But I'm out there hustling work and trying to be responsible..............I've NEVER asked the government for a goddam thing.............and they have NEVER hesitated to take as much as they possibly could from me!!!
Boy Barry, and the rest of them, are leeches, parasites, blood-suckers, bottom-feeders, cockroaches, termites, and vermin.
Put ANY of them out in the 'real' world, and see how far they can go or how long they can last!!!
Sh*t.................I need to make a black cherry/vodka drink, and settle down!!!
aloha,
Killa
What was with Obama's fake
Submitted by jeff68 on Thu, 06/30/2011 - 8:54am.
What was with Obama's fake stuttering? Was that an attempt to look intellectual, at ease and confident? Very unsettling.
That's not fake,
Submitted by killa37 on Thu, 06/30/2011 - 10:12am.
That's not fake, Jeff...............it's called buying some time while vainly searching for something to say that might sound like he knows what he's talking about.............he's boring ON a teleprompter............he's incoherent OFF of it.
Burgers...off topic
Submitted by desert3030 on Thu, 06/30/2011 - 10:26am.
Now that the POTUS is pimping the Top Chef for campaign money do you think I could get him to flip burgers for the 4th for me? The POTUS is going on vacation, He may not have anything to do and I would be happy to send...ah say $5.00 to POTUS?
The most dangerous element
Submitted by amram on Thu, 06/30/2011 - 8:54am.
The most dangerous element opposing America right now can be summed up in two words. Labor Unions! That is the element which just might stick us with four more years of this POTUS.
Scholastica
Nor do they mention
Submitted by MightyMouth on Thu, 06/30/2011 - 9:18am.
that Obama voted for every spending measure he could while a Senator (except for national defense). So the Republicans may have driven the car into the ditch, but Barry was smokin a blunt in the back seat right there with them cheering them on!
Chuck Todd
Submitted by ferv888 on Thu, 06/30/2011 - 9:45am.
Chuck Todd worked for that noted socialist, Tom Harkin, Senator from Iowa, and you wonder why they hide this stuff, you cannot make it up.
His wife is Kristian Denny Todd who is a Democratic operative and communications professional, and has her hand up his,HMMMM, back and squeezes the words out.
FERV888
300 million a year
Submitted by octavioj on Thu, 06/30/2011 - 10:51am.
Bloomberg has the story today that the "huge" tax loophole the president wants to close is 300 million dollars a year. Like that will solve the problem...
More than $300M worth of damage, though
Submitted by ThisnThat on Thu, 06/30/2011 - 11:34am.
o'bama's view of the world:
__________
“Didn't win the Medal of Honor? Didn't even serve? Then lie about it. We'll support you." — 9th Circuit Court
Read the Bill?
Submitted by HardRightTurn on Thu, 06/30/2011 - 11:15am.
Those dicks at NBC don't even read the bills after they're passed.
____________________________________________________________________________
To more fully comprehend the Left, one must read “Leftism As Psychopathy” by John Ray, M.A., Ph.D. Caution, it might scare you a little bit.
http://jonjayray.tripod.com/psycho.html
Libs don't want to talk about GE...Shhhhh
Submitted by ChrisNH on Thu, 06/30/2011 - 12:39pm.
Leftists are playing the class warfare card...again...and isn't it appropriately hypocritical of them to gloss over GE...perhaps the biggest Corporate Jet Millionaires & Billionaires ever to be found in this country. For them, ZERO taxes paid. But nary a mention of them by Leftist elites.
Did anyone read this?
Submitted by Clevenative on Sun, 08/07/2011 - 9:09pm.
No, The American Recovery And Reinvestment Act Did Not Create The Tax Preference For Corporate Jets.
Google the above sentence - you might learn something.
Nice rants though. Gee you folks sure sound angry.