One of the Left's most esteemed economists, the liberal Center for Economic and Policy Research's Dean Baker, claimed Monday the "Second Great Depression," the term given to what many believed the country was heading for if drastic government action wasn't taken in the fall of 2008, was all a fiction created by Wall Street to get bailed out.
In Baker's view published at the unashamedly liberal Huffington Post, the Federal Reserve could have solved all the problems that ailed us at the time, and had some of America's largest banks been allowed to fail, their financial loss would have been "our" gain as their money was magically redistributed to Main Street.
Potentially most hysterical is that Baker never once mentioned how this all occurred weeks before Election Day, and never once mentioned Barack Obama who not only hyped the collapse to seal his ascendancy to the White House, but also continually reminds Americans to this day that his efforts averted the "Second Great Depression":
Since the financial industry collapse two years ago, dishonest media outlets and their employees have continually blamed George W. Bush for the implosion that occurred in the fall of 2008 as well as the resulting recession.
NewsBusters has regularly pushed back on this historically inaccurate premise specifically pointing to two crucial pieces of legislation signed into law by former President Bill Clinton.
On Wednesday, a contributor to the Huffington Post - who is also the editor of the website TruthDig - published an article confirming what NewsBusters has been claiming, doing so in a fashion that must have shocked the economically ignorant proprietor of this perilously liberal online "news" outlet:
Outrage over political donations by Fox News's parent company News Corp. always seemed like a bit of a stretch when it implied that those contributions affected Fox's political coverage.
Many news media outlets are owned by larger companies. Those companies' activities don't ipso facto affect news coverage at their media subsidiaries. So when NewsBusters pointed out that 88 percent of political donations from employees of the three TV news networks went to Democrats, it was really just to note the double standard at work (surely, numerous employees have nothing to do with the news operations).
New data revealed by the Center for Responsive Politics, however, suggests a real bias at play. According to Megan [spelling corrected - Ed.] Wilson, who writes for the Center's site OpenSecrets.org, 65 percent of donations from 235 self-identified journalists have gone to Democrats this cycle.
Interviewing White House senior adviser Valerie Jarrett yesterday, The View's liberal co-hosts repelled Elisabeth Hasslebeck's tough questions on President Obama's failed economic agenda by changing the subject and ignoring their conservative colleague's criticism.
Refuting the claim that the economy is "certainly moving in the right direction" despite dismal unemployment numbers, Hasselbeck asked Jarrett if Obama's $50 billion infrastructure bill represents an "admittance of failure on the $800 billion stimulus bill that didn't seem to work."
To sidestep Hasselbeck's question, Jarrett invoked incredulity, flawed statistics, and historical revisionism:
Meghan McCain got star treatment on the front of the Sunday Styles section hyping "Dirty Sexy Politics," her thin little account of her father's 2008 presidential campaign. Frequent Times contributor Liesl Schillinger's 2,600-word profile ("The Rebel") of the 25-year-old daughter of Sen. John McCain reads like a parody at times, so over-the-top is the praise for what sounds like an incredibly shallow read.
Of course, McCain is the Times's favorite kind of Republican, a surprisingly uninformed "progressive" whose arguments won't convince anyone except shilling Schillingers.
On a sweltering 109-degree August day, driving past election signs (John McCain, J. D. Hayworth, Ben Quayle) and cacti (saguaro), I pulled into a roadside mini-mall, hoping it was the right one. Entering a barnlike Mexican restaurant called Blanco, I scanned the bright blue banquettes for Meghan McCain.
Ms. McCain, the 25-year-old politics and pop-culture columnist for The Daily Beast and daughter of Senator John McCain, is also the author of the just-published "Dirty Sexy Politics," a frank, dishy and often scathing chronicle of her experiences during the 2008 presidential campaign. Her book is not only a front-row view of one of the most historic elections in recent American history, it is, as she told George Stephanopoulos on "Good Morning America," a "coming-of-age story."
The New York Times's lobbyist double standard lives on. Since Barack Obama became president, the paper has routinely overlooked the vast disconnect between his rhetoric on lobbying's role on the political process - there really isn't one, if you believe Barack - and his actions on the issue.
But while the Gray Lady all but ignores Obama's deep ties with lobbyists and the industry groups they represent, the paper has hammered Republicans for their ties to "special interests."
The latest such attempt is a hack job in Sunday's New York Times. Reporter Eric Lipton claims that House Miniority Leader John Boehner "maintains especially tight ties with a circle of lobbyists and former aides representing some of the nation's biggest businesses, including Goldman Sachs, Google, Citigroup, R. J. Reynolds, MillerCoors and UPS."
The story makes some serious allegations - the most damning of which was sourced to an anonymous lobbyist. Intriguingly, some of the same claims undergird an upcoming DNC ad blitz against Boehner. The Leader's staff, meanwhile, claim they were not asked for comment before the story went to press.
She's the heir to the House of Maverick - the Republican the liberal media establishment can love, who's just as embarrassed by those icky conservatives as any network anchor or newspaper columnist.
Like her senator and erstwhile presidential candidate dad John, Meghan McCain is a willing weapon for the media to use against her fellow Republicans. But unlike "the Maverick," there's little chance she'd ever be a threat to the real good guys - liberal Democrats.
To Washington Post Nonfiction Books Editor Steven Levingston, Meghan McCain is a "free-thinking college grad" (she's educated, you see; she's one of us) joyfully bucking what she calls conservative "groupthink."
In the Sept. 1 Post, Levingston reviewed "Dirty Sexy Politics," McCain's memoir of her father's 2008 presidential campaign. The book, he wrote, "is as much a scathing critique of the Republican Party as it is a passionate tale of life on the campaign trail." And Levingston proceeded to relate that critique with undisguised relish.
"McCain takes repeated jabs at the intolerant ethos of today's Republicans," Levingston wrote. "She rails at feeling left out: The party, she says, has been hijacked by the right wing and has rejected - to its detriment - the moderate politics that she and millions of other young conservatives espouse."
Because she dresses trashy, swears like a sailor and "has gay friends," McCain has run afoul of the "intolerant ethos of today's Republicans."
National Review's Rich Lowry on Sunday had a classic debate with Washington Post columnist E.J. Dionne about whether or not the tax cuts implemented by former President George W. Bush should be allowed to expire.
Dionne agrees with President Obama that they should only be extended for folks making less than $250,000 a year; Lowry thinks that raising anyone's taxes right now could send the country back into recession.
With this in mind, NBC's David Gregory opened the panel segment of "Meet the Press" with a discussion about the current state of the economy and how this issue might impact the upcoming midterm elections.
As he tossed the baton to Lowry and Dionne, one got the feeling Gregory was intentionally lighting a fuse he knew would result in some entertaining fireworks (videos follow with transcripts and commentary):
Are you sick and tired of being called a racist because you don't agree with Barack Obama's policies?
If you are, you shouldn't read any further, for Cynthia Tucker this weekend claimed the voter anger that threatens the Democrat majorities in the House and the Senate is all a function of racism.
With the opening segment of the syndicated program "The Chris Matthews Show" focusing on the strong position the GOP has going into the midterm elections, Tucker said, "We haven't talked about the elephant in the room, and I don't mean the Republicans: race. Changing demographics. Fear of a white minority."
She disgustingly continued as host Chris Matthews agreed, "Obama's election has suddenly made many white Americans aware of the loss of a white majority. That's what this crazy summer has been all about" (video follows with transcript and commentary, file photo):
Despite unemployment at 9.5 percent and millions of people having lost their jobs since Barack Obama was elected, Chris Matthews just doesn't understand why anyone would miss George W. Bush.
Without naming this week's PPP poll finding Ohioans would vote for Bush over Obama by the tally of 50 to 42 percent if a presidential election was held today, Matthews in the first segment of "Hardball" asked his guests, "Why would you want that back?"
When Time's Michael Scherer tried to explain logically why voters are disappointed with what Obama has done since Inauguration Day, Matthews wasn't having any of it (video follows with transcript and commentary):
On Thursday's CBS Early Show, fill-in co-host Erica Hill interviewed Vanity Fair reporter Michael Joseph Gross about his article slamming Sarah Palin with outlandish accusations: "...we've watched Sarah Palin go from a small town hockey mom and the mayor to international celebrity....it certainly changed her, that's according to a rather unflattering new article in Vanity Fair magazine. "
Talking to Gross, Hill noted how he "had a tough time...getting to people who are close to Sarah Palin," but wondered: "...tell us about the people you did speak to who are around her....What kind of an impression did they give you of Sarah Palin?" Gross detailed some of the wild claims made by his questionable sources: "They'd tell stories about screaming fits, about throwing things....where Sarah and Todd will empty the pantry of canned goods, throwing them at each other until the front of the refrigerator looks like it's been shot up by a shot gun." Taken in by the story, Hill simply replied: "Wow."
Gross continued, alleging that Palin "tortured" former assistants, one of whom "had to quit the job, seek psychiatric counseling, and leave the state to escape Palin's influence." He asserted: "...[Palin] exacts retribution on people after they leave. They're afraid that she's going to get them fired from their job, try to ruin their reputations. That's the modus operandi." Earlier in the interview, he described Palin's current political activity as an effort to exact "a kind of vengeance on the country for rejecting her" in the 2008 election.
ABC's George Stephanopoulos interviewed media darling and nominal Republican Meghan McCain on Tuesday's Good Morning America and devoted the bulk of the segment to her love-hate relationship with Sarah Palin and her daughter Bristol. Stephanopoulos devoted so much time to the Palin issue that McCain interjected, "For the record, my book is not just about Sarah and Bristol."
The anchor gushingly endorsed the McCain daughter's new book, "Dirty Sexy Politics," at the beginning of the interview, which aired 42 minutes into the 7 am Eastern hour: "It is savvy, it is saucy, and it's just what you'd expect from the first daughter of a presidential candidate ever fired by her father's campaign." He then labeled his guest a "fun writer" and first asked about her "firing," in which she actually sent away from the main stops of her father's presidential campaign and did a bus tour in the battleground state of Ohio.
On Monday's Good Morning America, ABC's George Stephanopoulos played up how President Obama "blamed many in the media for perpetuating...myths" such as he was born outside the United States, isn't a Christian, and/or is a Muslim. "You can't blame the President for wanting this to go away."
Stephanopoulos raised the President's remarks about "these kind of myths," as he put it, near the end of a panel discussion with Democratic strategist James Carville and Charles Schwab chief investment strategist Liz Ann Sonders eight minutes into the 7 am Eastern hour. He noted how "a third of Americans believe- question whether he is Christian- a fifth now believe he's Muslim" before playing a clip of Mr. Obama from his recent interview with NBC's Brian Williams, where the Democrat gave a light reply to Williams's statement referencing these poll numbers: "Mr. President, you're an American-born Christian, and yet, increasing and now significant numbers of American in polls...are claiming you are neither." The President answered, in part, "I would say that I can't spend all my time with my birth certificate plastered on my forehead."
With liberals up in arms over News Corp's political contributions, here's an interesting fact worth noting: of the roughly $1.15 million network TV employees gave to political candidates in 2008, a full 88 percent of it went to Democrats.
Barack Obama received almost half a million dollars from those same execs, while John McCain received just over $25,000. The discrepancy between donations to the Democratic and Republican parties was also enormous.
Though the numbers are striking, the imbalance is not altogether surprising. But they do help to put in prospect the left's righteous indignation over the political activities of Fox News's parent company.
In late July, a Government Accountability Office report circulated which analyzed stimulus funding being spent by the Department of Energy. The main gist of that report involved the cost of each job being generated by the stimulus bill - a staggering $194,000. Tucked away in that report was a phrase that was new to most of us, a way to calculate jobs through a term called ‘lives touched'.
Last week it was confirmed that some departments being funded by the stimulus are indeed using the metric ‘lives touched' - a regression from the absurd ‘jobs saved or created', which was already a step down from the incalculable ‘jobs created'.
A spokesperson from the CH2M Hill Plateau Remediation Company explains:
"Lives Touched" is a figure that the U.S. Department of Energy (DOE) uses to track the amount of people who have been positively affected by the Recovery Act funds. This total would include people who have been provided full time employment (i.e. saved and created jobs) through the Recovery Act and people who at some point have supported a project funded by the Recovery Act.
Essentially, the Obama administration had figured out another way to inflate job numbers to better fit their claims of success. And yet, the media has remained largely silent on this matter. Even as Vice-President Biden released a report on the Recovery Act yesterday, with a specific focus on the Department of Energy and job creation.
Below is an outline of how the administration and the DOE are collaborating to inflate their numbers by measuring the number of ‘lives touched' by the stimulus bill.
NBC's Chuck Todd couched it in terms of how “both parties” are peddling “fear” in this year's election season -- but his formulation Tuesday night of how 2008 was “the hope election” while this one will be “the fear election” – offered a likely preview of how the MSM will try to discredit voter repudiation of liberal Democratic Obama allies when they hardly cast in a negative light the 2008 voter rejection of a third Republican term.
Todd concluded a short NBC Nightly News story:
I had one observer tell me, if 2008 was the “hope election,” 2010 may be known as the “fear election,” as both Republicans and Democrats are playing on the fears of voters about the future of the economy to try to win votes in November.
"You go into these small towns in Pennsylvania and, like a lot of small towns in the Midwest, the jobs have been gone now for 25 years and nothing’s replaced them…And they fell through the Clinton Administration, and the Bush Administration, and each successive administration has said that somehow these communities are gonna regenerate and they have not.
"And it’s not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren’t like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." -- candidate Barack Obama, remarks at fundraiser, April, 2008
Discussing with Andrea Mitchell today the kerfuffle over Pres. Obama's Christianity, Chuck Todd hearkened back to PBO's infamous bitter-clinger line. Obama offered his pronouncement at a private, hoity-toity fundraiser in San Francisco—and Todd claimed Obama didn't mean to demean by it.
According to Todd [quoting Paul Begala], Obama is his mother's son, and like the anthropologist she was, he was simply offering an anthropological analysis of the plight of those poor rural Pennsylvanians.
Are even the most liberal media members starting to realize the administration's "Recovery Summer" campaign was a complete joke?
Such appears to be the case for New York Times columnist Bob Herbert who on Saturday published a piece absolutely excoriating President Obama for not exclusively focusing on jobs after his inauguration last year:
The Obama administration seems to be feeling sorry for itself. Robert Gibbs, the president's press secretary, is perturbed that Mr. Obama is not getting more hosannas from liberals. Spare me. The country is a mess. The economy is horrendous, and millions of American families are running out of ammunition in their fight against destitution. Steadily increasing numbers of middle-class families, who never thought they'd be seeking charity, have been showing up at food pantries.
On the heels of a new College Board report that the United States is struggling to compete with other countries when it comes to college completion rates, Vanity Fair's resident straight talker, Henry Rollins, has figured out the problem. The education system isn't struggling because of possible factors contained within the report, such as:
Inadequate funding of preschool programs
Poor college counseling programs for middle and high school aged children
High school dropout rates
A lack of international standardization for curriculum
Skyrocketing costs of education
No, Henry has stumbled onto the real, super secret reason why students are failing to finish their college work: Sarah Palin and George Bush.
To be accurate, it's not so much the direct fault of Palin and Bush - rather, it is those of you who support them, their stupid comments, and their intellectually uninterested ways. Their fans see them as real people and because of that, they feel comfort in an unchallenging environment.
Rollins explains why ‘America doesn't seem to value a college education the way it used to':
Ed Schultz on Thursday blamed Republicans for all the unemployed people living in America today.
As he began the most recent installment of the "Ed Show" on MSNBC, the host said, "The Republican Party has been on a crusade against the middle class and the poor for the last 30 years. We're now seeing the wreckage of that race to the bottom line culture."
He disgracefully continued, "Today a government report showed weekly jobless claims at a five-month high. 484,000 new unemployment claims were filed in the week ending August 7th. And you know what folks, you can lay this right at the feet, right at the altar of the Republican Party."
Sadly, he wasn't close to done, claiming, "The people you see flooding the streets begging for help, begging for an opportunity are victims of the Republican agenda just to make sure that President Obama fails" (video follows with transcript and commentary):
There's a phrase that has been conspicuously absent the media's coverage of the recent flap between White House Press Secretary Robert Gibbs and those he dubbed the "professional left": civil war. In contrast, media coverage of Republican infighting consistently pushes the term.
Gibbs is under fire from the left for sharply criticizing liberal critics of President Obama saying that "they need to be drug-tested" and "will be satisfied when we have Canadian healthcare and we've eliminated the Pentagon. That's not reality."
His comments have drawn heated criticism from the left. Democratic firebrand Rep. Alan Grayson, Fla., wants "Bozo the Spokesman" fired. Prominent activist and blogger Jane Hamsher claimed Obama is "having trouble across the board" with liberals. Lefties at the Daily Kos and Democratic Underground were frantic.
Yet almost no "civil war" labels from the media, in contrast to coverage of other instances of intra-party squabbling. The ouster of Dede Scozzafava in the special election in New York's 23rd District earned the "civil war" label 23 times from major media players, according to a Nexis search.
For approaching ten years, America's media have depicted the tax cuts implemented by former President George W. Bush as almost exclusively favoring the rich.
This dishonest characterization has picked up steam recently as these tax cuts are about to expire, and the tax-loving press have campaigned for their departure as if a plague on the society.
For his part, President Obama is advocating the expiration of tax cuts only to couples making over $250,000 a year and individuals making more than $200,000.
With this in mind, the Tax Policy Center, a division of the liberal Brookings Institution, published a report on July 29 that included Treasury Department estimates of tax revenue losses that would accompany an extension of Bush's cuts.
Inside the accompanying PDF was evidence the Left and their media minions have been misrepresenting the beneficiaries of these cuts for a very long time:
Earlier today, NB's Lachlan Markey covered Bill O'Reilly's interview with the Fox Business Channel's Charles Gasparino.
In that interview, Gasparino confirmed what the New York Post reported in April of last year, namely that "GE Execs Encouraged CNBC Staff to Go Easy on Obama."
The suits at GE, including Chairman Jeff Inmelt, had a clear motivation for encouraging their reporters to lighten up, namely that "General Electric at the time was hoping to profit handsomely from policies that would benefit a few companies, including GE, at the expense of the majority of the economy"-- specifically cap and trade.
But speaking of motivation: What about former CNBCer Gasparino's?
The easy answer would be that sometime in the past two years he has seen the light and realizes his past reporting at CNBC was lacking in fairness and balance. Despite his move to Fox, there's reason to doubt that.
New Black Panther Party leader Samir Shabazz on Monday made an anti-Semitic remark while blaming the Fox News Channel for fanning the fires of discontent over his involvement in voter intimidation back in November 2008.
As NewsBusters reported on Election Day that year, two Black Panthers were situated outside a polling station in Philadelphia (video right).
This eventually led to complaints by the Bush administration which the Justice Department recently dropped fueling accusations that the charges were dismissed for racial reasons.
With this in mind, the Associated Press reported the following Monday (h/t Rusty Weiss):
We have picked out a couple posts from each of the five categories and asked the authors to reflect back on writing them up. In this series of short videos, they share their thoughts on how they caught the particular media moment and describe the impact their post had.
Outtakes of CBS's "Evening News" show Couric taking a few petty shots at Palin in her coverage leading up to the 2008 Republican National Convention. This five-minute clip has several highlights, showing Couric favoring "moose burgers and beauty pageants," instead of her professional credentials as mayor of Wasilla, a town Couric has trouble announcing, and her tenure as governor of Alaska.
President Barack Obama told disabled veterans in Atlanta on Monday that he was fulfilling a campaign promise by ending U.S. combat operations in Iraq "on schedule."
But the timetable for withdrawing U.S. troops in Iraq was decided during the Bush administration with the signing of the Status of Forces Agreement (SOFA) by U.S. and Iraq officials on Nov. 16, 2008. The Iraqi parliament signed SOFA on Nov. 27, 2008.
The agreement, which had been in negotiations since 2007, set a timetable calling for most U.S. troops to leave Iraqi towns and cities by June 30, 2009, with about 50,000 troops left in place until the final withdrawal of all U.S. military forces by Dec. 31, 2011.