Update (April 5): Fisker has laid off three-quarters of its workforce at its headquaters in Anaheim, owes DOE approximately $193 million | With a substantial repayment of the $529 million loan guarantee it received almost four years ago -- courtesy of the U.S. taxpayer -- coming due at the end of the month, the electric car company Fisker is exploring the idea of filing for bankruptcy before then. Sources have confirmed that an influential law firm from Chicago has been hired to help with the proceedings.
The major networks have been reticent on the subject however, as if they have no intention of breaking the next Solyndra-like scandal. It should be noted that no cars have been built since last July, and 200 of Fisker's American employees were recently furloughed.
The saga all began in 2009 when the Obama administration handed out $1 billion worth of loans to two electric car manufacturers, Fisker and Tesla. The latter appears to be on the verge of becoming profitable, but that assumes there's going to be a substantial number of people willing to pay near $1200 per month in leasing charges.
Fisker promised to do the majority of its auto assembly in Delaware, home of Vice President Joe Biden. Private investment partner Al Gore predicted that tens of thousands would be rolling off the the assembly lines there someday. But alas, two years later, it was revealed that production had shifted to Finland, where 500 workers had been hired to build the $100,000 cars called Karma.
Another report exposed that only 40 cars had been built at the time, and just two had been delivered. One of which was to actor and environmental activist Leonardo DiCaprio. Adding insult to injury, over 230 were recalled in late 2011 because of a fire hazard risk in the battery compartment. Luckily, very few were in the hands of consumers anyway.
Asked for comment back in October of 2011, founder and executive chairman Henrik Fisker was defiant. "We're not in the business of failing; we're in the business of winning," he said. "So we make the right decision for the business. That's why we went to Finland." Nearly a year and a half later, he would resign from the company that bears his namesake - citing 'differences with company management' in a March 2013 statement.
Now that the Kirkland & Ellis law firm is getting involved, to presume that a bankruptcy filing is coming isn't far-fetched. We'll keep our eyes open for the media's attention to this, but we're not holding our breath.
The Comcast Corporation, sole owner of NBCUniversal now, recently made the decision to refuse advertising from gun stores and ammunition manufacturers. Operating in 39 states and the District of Columbia, it is by far the largest cable company in the country. What's more, it holds a regional monopoly on cable TV in a multitude of markets, meaning it's the only affordable televised commercial access that many gun stores have.
The blanket directive was issued just as soon as its purchase of NBCUniversal was finalized, which has had a long-standing policy against gun-related ads on its networks.
In a recent interview with Salon, MSNBC's Lawrence O'Donnell candidly revealed just how much he dislikes his current job as the host of MSNBC's prime-time commentary show The Last Word. In fact, the former actor who just so happens to have a cameo in the new movie Olympus Has Fallen as a news anchor admitted that he still has no idea what he's doing.
O'Donnell had recurring roles in the past on TV dramas like HBO's Big Love, USA's Monk, and NBC's The West Wing, writing and producing the latter as well. When comparing the two experiences, he said working for a cable news network is "tragic" for him. And the very thought of doing his show with an unrehearsed first draft every night is just "horrendous" and "offends (his) artistic sensibilities in some ways," he explained.
Senior Editorial Writer of the Washington Examiner Sean Higgins published an informative column Tuesday night giving some background for a case that appeared before the Supreme Court on Wednesday morning. Shelby County, Ala. v. Eric Holder has liberals in a panic apparently, because of its challenge to a key portion of the Voting Rights Act that requires many states and some counties to get "pre-clearance" for voting law changes by a federal court. Curiously enough, major media outlets have neglected to mention the context and true history behind the law in question.
Ironically, the Voting Rights Act has completely changed the political landscape of the South ever since it was signed into law by President Lyndon B. Johnson in 1965, and in ways that have poorly served African-American voters specifically and the Democratic Party generally. Higgins explained:
In a careless attempt to get a rise out of their readers, mainstream media outlets like the Washington Post and Esquire Magazine erroneously reported that the Navy SEAL credited with the assassination of Osama bin Laden had been unceremoniously stripped of health insurance following his retirement last September.
The story immediately went viral, thanks in large part to the tireless efforts of Ezra Klein and Sarah Kliff from the Post and their massive followings on Twitter. Former editor of the San Francisco Chronicle Phil Bronstein originally posted an 'exhaustively researched' article about it on Esquire's site. Upon its publication and online distribution however, some readers noticed just how rife with inaccuracies the story was. Former public affairs officer of the Department of Veteran Affairs Brandon Friedman was among them. (H/T - Twitchy)
What's the correlation between Fox News and Playboy TV?
Well, on a relatively new online game show called Let's Ask America, web cam contestants were playfully asked which one would offend liberal parents more if they stumbled upon their teenage son watching one or the other. (video clip below; h/t email tipster John Heckman)
So the Lefty, better known as Phil Mickelson publicly aired his political grievances in an interview with CBS Sports the other day, noting that federal and state tax policies in California have him strongly weighing whether now might be the time to retire.
The three-time Masters champion said he would have to make some "drastic changes" when more than 60 percent of his future earnings are taken away by the government, due to the passage of California's Proposition 30 and the expiration of the Bush-era tax cuts for top income earners:
There has been no shortage of deceptive ads, factually-distorted statements, and outright fabrications from the political left over the campaign year to choose from, but leave it to the Tampa Bay Times's PolitiFact to give its "Lie of the Year" award to the Romney campaign. The now infamous "falsehood" in question was Romney's claim that Jeep was planning on moving production of some of its vehicles to China. This was in fact technically true, but PolitiFact trademarked it as its "Lie of the Year."
In a fit of glee, multiple left-leaning news outlets have promoted the proclamation, including of course, MSNBC. [video below, MP3 audio here ]:
Right-to-work legislation has passed in Michigan, despite the vociferous protests of bused-in union protesters in Lansing and sympathetic coverage from the liberal media, who have portrayed right-to-work as a blow to "union rights" as well as a "politically unnecessary" and "divisive" move by Republicans who control the state legislature and governor's mansion in a state that went strongly for Obama last month.
But there is another side of the story, which the liberal media outlets are seemingly ignoring. The Michigan-based conservative think tank called the Mackinac Center for Public Policy has not only published persuasive and thoroughly-researched reports advocating for the right-to-work policy, they are doing their best to inform the public with the facts and figures that the majority of the media refuses to acknowledge, much less verify.
Michigan may very well become the 24th state to adopt right-to-work legislation on Tuesday, and liberal media outlets have given its opponents ample opportunity to state their case. While proponents have not been allowed to defend the law at all, MSNBC's Chris Jansing was more than happy to briefly play "devil's advocate" with her guest on Monday -- newly elected state representative Tim Greimel who called right-to-work "too divisive and too extreme for the state."
Following his lengthy diatribe on the subject, in which he also called right-to-work the "surest path to poverty that anybody could pursue here in Michigan," Jansing invited the Washington Post's Dana Milbank and Jackie Kucinich -- daughter of retiring liberal Rep. Dennis Kucinich (D-Ohio) -- of USA Today back on the program to reinforce the argument Greimel made. Hardly a balanced analysis of legislation designed to safeguard an individual's right not be coerced into a union or into financially supporting a union in which he/she is not a member [ video and transcript below ]
Musician James Taylor may not be at the peak of his career anymore, but he's still doing quite well for himself. Taylor's estimated net worth is around $60 million. Nevertheless, as a featured speaker at a National Press Club luncheon on Friday, the liberal musician used the platform to bash George W. Bush, who's been out of office for nearly four years now.
While the subject was supposed to be on election reform, the veteran singer-songwriter held forth on how he amped up his political activism because he was "really suffering" during the "Cheney/Bush" years, Liz Harrington of our sister site CNSNews.com reported on Friday.
Just when it seemed like everyone of note in the entertainment industry was enthusiastic about another four years of Obama. Lo and behold, there are some dissenters. Not that the large broadcast media outlets will notice, of course.
Antwan Patton, better known by his stage name Big Boi from OutKast, has sold over 50 million records throughout his career. With a new solo album coming out, Big Boi agreed to an interview request from one of the leading music blogs called Pitchfork. When the discussion turned to politics, the former Obama supporter and wealthy rapper was honest and up front about his disenchantment, showing that he isn't oblivious to the financial struggles of his family, friends, and fans.
Jim DeMint (R-S.C.) announced Thursday that he will be trading his Senate seat in January to assume the helm of the Heritage Foundation. Covering the surprising development in its Friday edition, Politico dismissed DeMint as a mediocre politician with an undistinguished record who is moving on to captain a conservative think tank that has become "predictable, uninspiring, and often lacking in influence."
Manu Raju and Scott Wong mocked DeMint's lack of credentials in their front-page story titled, "DeMint Departure Fallout." They described him as a popular senator who has actually "accomplished very little" in Congress because he "wasn't a legislator" and having "no signature laws to his name." Of course, this betrays an inside-the-Beltway way of thinking about success in Congress. Conservatives dedicated to shrinking the size and scope of the federal government are not going to be be known for legislative accomplishments, which more often than not are about expanding the federal government's size and scope, not dismantling old bureaucracies.
MSNBC's Rachel Maddow has been nominated for a Grammy Award for her book Drift: The Unmooring of American Military Power. The extremely liberal MSNBC host was recognized in the spoken-word category for the audiobook version of her New York Times bestseller.
Maddow's nomination is an apt opportunity to remind our readers that an assortment of reviewers have critically panned the progressive commentator's polemic about the military-industrial complex for its blatant misrepresentation of history and glaring omissions.
Founded by Roy Beck in 1998, Numbers USA is a grassroots organization and an influential lobbyist group that concerns itself with immigration reform and the threat of mass amnesty. As the unemployment rate among the citizenry continues to grow, over one million permanent work authorizations are handed out each year to immigrants -- further saturating an already stagnant labor market.
Beck sat down for an interview with MSNBC.com's Jane C. Timm recently, only to find himself labeled as the "Grover Norquist of the immigration debate." With no intention of portraying him in a positive light, Timm argued that the 1.3 million grassroots members of Numbers USA will not allow Republican congressmen to moderate their stance on immigration reform. And rather than consider it an anti-amnesty organization, in predictable fashion she presented the group as "racist" in motivation.
When your network milked the "war on women" for all its worth, it's a little much to condescend to a conservative woman in a segment dealing with gun control and domestic violence, but Steve Kornacki turned up the volume on his boiler plate anti-gun talking points in a segment on the Dec. 3 edition of MSNBC's The Cycle that discussed Jovan Belcher's murder-suicide and the resulting exploitation by sports journalists like Jason Whitlock and Bob Costas.
The panel's lone conservative, columnist S.E. Cupp reasoned that blaming an inanimate object for violence is a dangerous and misguided assumption, but co-host and Salon contributor Steve Kornacki could not have disagreed more. [ video & transcript below ]
In an appearance on Monday's America's Newsroom program on Fox News, veteran sportscaster Jim Gray at first expressed what seemed like absolute agreement with NBC's Bob Costas regarding the need for more gun control in light of the horrific Jovan Belcher murder-suicide on Saturday.
In what turned into a sanctimonious lecture during halftime programming on Sunday Night Football, NBC's Costas endorsed an anti-gun screed by Fox Sports columnist Jason Whitlock. Asked for his thoughts by Fox News anchor Martha MacCallum, Gray wholeheartedly agreed with Costas and Whitlock, but then oddly backtracked just as the interview was concluding [ video (via MRCTV's Ian Hanchett) and transcript below ]
How can someone who garnered nearly 60 million votes in a recent presidential election not be considered the least bit influential? As inexplicable as it sounds, that's what GQ Magazine declared when it selected Mitt Romney to headline its annual list of the 25 most uninspiring and insignificant people of the year. According to the author however, they were ranked in no particular order, "because all zeros are created equal."
Seeing a perfect opportunity to have a little fun at the expense of others, the hosts of MSNBC's The Cycle compiled their own list on Thursday. Token conservative S.E. Cupp appeared to have taken the assignment literally with a clip that introduced the world to a mild-mannered man from Indiana. Krystal Ball and Touré Neblett followed, and having some inkling of where their heads were at -- Cupp pleaded with them not to pick her. Instead they chose Karl Rove and Rush Limbaugh respectively, gloating about how wrong they both were about Romney's legitimate chance to emerge victorious. [video below the page break]
You may recall when CBS fired Charlie Sheen early last year from the popular Two and a Half Men series for a string of "felony offenses involving moral turpitude." In the weeks and months that preceded this decision, an increasingly erratic Sheen received an inordinate amount of media attention for his drug-induced rants. To this day however, Sheen's bad boy persona is received warmly by the media, and he's been rewarded for it with ad spots for Fiat and DirecTV and even another show on the FX network that jokingly plays off his history of reckless hedonism.
By contrast, Sheen's former co-star, Angus T. Jones, the titular "half man" on the sitcom, has been castigated by the media for his recent religious conversion and subsequent YouTube testimonial in which he urged folks to avoid his popular TV series. Perhaps pressured by producers, Jones has since apologized for coming across as indifferent and unappreciative for the lucrative opportunity, but that hasn't stopped the media for characterizing Jones's video as another celebrity meltdown. [ video below the page break ]
In an interview with CBS News anchor Scott Pelley last week, Goldman Sachs chairman and CEO Lloyd Blankfein immediately brought up a highly sensitive subject that liberals in the media and highest levels of government refuse to acknowledge: entitlement spending on Social Security, Medicare, and Medicaid are unsustainable at their current rate and need significant reform to ensure those programs exist in the future.
In response to the clip, MSNBC host Ed Schultz and Teamsters President James Hoffa were beside themselves on Tuesday night's Ed Show -- offended that Blankfein would voice such a "misinformed" view on national television. The only son of the notorious Jimmy Hoffa was ardently opposed to the idea that there is anything currently wrong with the system as is, to suggest otherwise is just "outrageous" he thundered. [ relevant video & transcript below ]
It was almost a month ago that the New York and New Jersey coastlines were mercilessly pummeled by Hurricane Sandy. Immediately following the storm, the liberal media spin went into overdrive commending the leadership and compassion Obama displayed in the aftermath. But reports have been surfacing since the election, revealing how conditions in the afflicted regions are still not much improved and the majority of the broadcast media's acknowledgement of their prolonged trials and tribulations has been minimal at best.
For their part however, Fox & Friends welcomed Donna Vanzant on Tuesday morning's program. She just so happened to be the woman President Obama was photographed consoling during his official visit to survey the damage in New Jersey. To say the least, she has not been pleased with FEMA's fickle response. [ video below the page break ]
Throughout the liberal media's ceaseless coverage of the impending fiscal cliff debacle, they have fixated on hiking taxes on the "rich," even though doing so would come nowhere close to solving America's fiscal woes. Whatever short term gain in revenue from tax hikes will not last the federal government for very long, and another credit downgrade is inevitable if entitlement reform continues to be ignored.
Nowhere is this 'tax the rich' and 'fair share' obsession more blatant than on MSNBC, where the Obama administration's message is amplified on a daily basis. Take Tuesday's Jansing & Co for instance. Host Chris Jansing set up Huffington Post contributor Ryan Grim to advise President Obama and Democrats on the Hill, which amounted to him reiterating that going over the fiscal cliff may not be such a bad thing after all. Democrats can appear to be the tax cutters as a result, by reinstating the Bush tax cuts on all but the top income earners. [ video below, MP3 audio here ]
Filling in for Alex Wagner on Monday afternoon, Ari Melber of the left-wing Nation magazine did some thing on MSNBC's Now that Wagner and many of their colleagues have been reluctant to do themselves -- expose the deception and dishonesty of Obama on the subject of drone attacks. While there was a brief mention or two in the weeks and months that preceded the election, the coverage was never sufficient -- considering the circumstances.
It's a telling sign however, that such a report would air three weeks after the incumbent's decisive re-election victory, by a guest host at that. Armed with indisputable video evidence, Melber noted the disparity between the candidate and the president [video below the page break]:
Armed with so-called 'facts' disguised as the same liberal talking points we're all too familiar with, MSNBC's staff of bloggers published an article yesterday that detailed the top 10 comebacks that are guaranteed to confound and demoralize any Republican relative who dares to speak ill of Obama at the Thanksgiving dinner table.
The "Lean Forward" network won't let their bias take a rest even for the holidays, nevermind that politics is hardly polite conversation for the dinner table on any given holiday, let alone Thanksgiving. But family harmony is a small price to pay for dutifully defending President Obama to your relatives who aren't buying into the hope-and-change mantra.
This Thanksgiving, a record high of 42.2 million Americans will use food stamps to curtail the cost of a big meal. At a whopping expense of $72 billion to the taxpayer per year, according to the Congressional Budget Office. The Supplemental Nutrition Assistance Program (SNAP) has grown by 70 percent since 2007, an increase of over 15 million more people.
Despite acknowledging all of this, Elizabeth Flock of US News & World Report declared "More Americans will use food stamps to buy their Thanksgiving dinner this year than ever before," and implied these government handouts aren't as sufficient as they could be.
The satirical newspaper The Onion is generally non-political and at times it has had some good conservatively-slanted humor pieces, like this gem from April 2009. But when it comes to the ongoing violence in Israel, The Onion has just proved it doesn't have many layers of complexity.
Out: hateful tweets to black actresses supporting Romney for president. In: hateful tweets to celebrities tweeting their support for Israel in its struggle against the Palestinian terrorist network Hamas.
The conservative website The Blaze, noted that comedian Jon Lovitz -- who famously lashed out earlier this year about President Obama's determination to hike taxes -- and reality show star Kim Kardashian were harassed this past weekend with profanity-laced tirades and death wishes.
Nuns on the Bus tour leader Sister Simone Campbell appeared on MSNBC's The Cycle on Thursday afternoon to discuss her ministry, which predictably led to her left-wing agenda becoming the focal point of the conversation. The only host to take issue with her talking points was token conservative S.E. Cupp, who was armed with facts and figures that the good sister could not rebut except by adamantly insisting they were "really wrong." That's when it started getting a little tense. [ video below, MP3 audio here ]
In what was a transparent attempt to scrutinize how conservative a black actress can really be, the ladies of The View invited Stacey Dash on the program to substitute for Elisabeth Hasselbeck. Immediately following her summary of what was to come, Whoopi Goldberg inquired how Dash was doing after the vicious attacks she had endured on Twitter for simply endorsing Mitt Romney.
Without resorting to the same animosity, the liberal hostesses were seemingly just as incredulous. Why would someone like her -- a black woman who works in Hollywood -- vote for anyone but Obama? They made it their mission to find out, pushing her to explain herself. Perhaps they were too busy to read the 3-page essay that she posted online before the election. [video below, MP3 audio here]
Following a lengthy discussion of relevant topics like the president's first real press conference in almost eight months on Wednesday afternoon, MSNBC's The Cycle still found extra time on their hands for fluff. And so they brought on David Wasserman from the non-partisan Cook Political Report to present his statistical findings on, I kid you not, how handily Obama did in "Whole Foods" counties over "Cracker Barrel" ones.
The study goes all the way back to 1992, where Democrats have tended to frequent the environmentally-conscious organic grocery store -- whereas the typical Republican has an affinity for Cracker Barrel's old-fashioned American comfort food. The correlation of which is puzzling considering their differences, but the analysis went on to include the Tractor Supply Company vs. Trader Joe's and Apple vs. Golden Corral. [ video below, MP3 audio here ]