As part of a continuation of his "COMЯADE UPDATE" segment he started near the beginning of his show, which became a YouTube sensation, Fox News host Glenn Beck is picking up right where he left off.
Beck, on his March 4 program took on a couple new targets, UK Prime Minister Gordon Brown and union labor.
"Comrades! Comrades, there is good news from the Western front," Beck said. "Our glorious revolution is starting to take hold on a global scale. Just listen as Comrade Brown pounded our propaganda into the minds of the clueless capitalist pigs today. Listen up."
Beck played a clip from Brown's address of a joint session of Congress, where the prime minister lobbied for the "world" to work together.
In February, in the build up to the ultimate passage of President Barack Obama's $787-billion stimulus package, there was a lot of discussion about how much the stimulus was going to help the ailing economy. And to promote the bill, Obama visited a Caterpillar plant in Peoria, Ill.
Rep. Aaron Schock, R-Ill., who represents the 18th Congressional District of Illinois, where the Caterpillar plant is located, described Obama's visit and how he used it to lobby him to vote for the bill. It was another side of the story that went unreported by the media.
Here we go again - another Obama administration/media personality feud in the works.
White House Press Secretary Robert Gibbs has no problem addressing media critics of President Barack Obama - even on an individual basis. Since Obama was sworn in as president, Gibbs has addressed criticism from conservative radio host Rush Limbaugh, CNBC mercantile exchange floor reporter Rick Santelli and now CNBC "Mad Money" host Jim Cramer.
During the March 3 White House press briefing, Tom Costello of NBC News asked Gibbs to respond to remarks from Cramer, who was described as "not a conservative," made on NBC's March 3 "Today" show that he "thought the president's policies, his agenda had contributed to the greatest wealth destruction he's ever seen by a president."
The math-challenged Biden, who infamously said during the presidential campaign that the word "jobs" has three letters (maybe you don't know about that one either), made this false claim Wednesday morning, and almost no one noticed.
One exception was TV station KSLA, which filed this report (related but not identically scripted video can be found at link; direct link to vid is here). Reporter Fred Childress's "Fact Check" told us that Biden isn't merely wrong; the Bayou State actually gained seasonally adjusted jobs in December:
The most important thing to keep in mind while reading this Boston Globe article, is that it would never have been written six months ago. Why? Because at that time the "evil" Republicans controlled the White House and unemployment would have been portrayed as grim. However, now that Barack Obama is in the Oval office, rising unemployment is being presented almost lovingly as you can see in the very title of the article written by Jenn Abelson, "For now, laid off and loving it":
A few days after David Adler's wife decided to leave her law firm in December, he was laid off from his job designing software at Brightcove.
It was shocking. And scary.
Until it wasn't. Adler has quickly learned to appreciate some aspects of his unexpected unemployment.
The 42-year-old spends his days doting on his 6-month-old daughter, visiting museums with his family, and preparing for a possible exhibit of his photos at a local coffee shop in Dedham. Living off savings, unemployment, and severance packages, Adler knows he has to get a job eventually and has started the search. But for now, he's cherishing every moment. "It's our first child and I love watching her grow," Adler said. "And it's nice to have time off and get in touch with my old hobbies."
Will wonders ever cease? First, a NBC network airs its Chicago Mercantile Exchange floor reporter making a call to action against all the populism that has inundated the political dialogue over the past six months. Now, the same reporter, Rick Santelli, has been invited by White House Press Secretary Robert Gibbs to the White House.
On CNBC's "Street Signs" Feb. 20, Santelli told viewers he would accept Gibbs' invitation. And, although his critics thought he was over-the-top, he said he still felt good about his impassioned plea.
"Well, I tell you what Melissa Lee," Santelli said. "It's been a wild afternoon, but I do want to point out - I do believe I was invited to the White House by Mr. Gibbs and I want to let him know, I would love to. I would love to accept and the decaf sounds good, but I prefer tea, but thank you for bring this into the forefront. This is an issue that means a lot to everybody and I'm glad it's getting a high degree of introspection, debate and I think that's essential. I feel really good about that."
ABC's World News on Tuesday night celebrated President Obama's signature on the 'stimulus' package by devoting a full story to how mayors will supposedly use their portion to create 1.6 million jobs. Fill-in anchor Diane Sawyer recited “the wish list” of “nearly 19,000 infrastructure projects -- roads, bridges, mass transit -- costing some $150 billion” and “the mayors argue that the projects are ready to go and will bring along 1.6 million jobs.” No word about the inevitable corruption as reporter David Muir trumpeted: “Across this country, mayors and governors tonight are pouring over wish lists -- broken bridges, schools, libraries -- all of which need help.”
Justifying the spending, Muir cited replacing “old boilers” at a high school which Michigan Governor Jennifer Granholm insisted would create jobs. Jumping to Elkhart, Indiana, Muir listed worthwhile projects and specific numbers of jobs each would supposedly create: “Fixing one of their main streets would cost $34 million and create 858 new jobs. Fixing the city's pumping facility, $9 million, 225 new jobs and upgrading an airport runway: $5.5 million, 138 people to work.” He moved on to Hoboken, New Jersey's $36 million plan to prevent flooding, a project the mayor declared will lead to “several hundred employees being hired immediately.”
Muir concluded by seeing a harmonious match of money and need: “Here, and across the country, a flood of requests from cities in need of help and workers in need of jobs.”
Sigh. Here we go again. First it was our capitalist society deemed gone as Newsweek magazine declared, "We're socialists now." This time - it's the death of supply-side economics, according to Newsweek Senior Editor Daniel Gross.
To sum it up, Gross declared tax cuts obsolete, a theory that only works on paper, in a time when employers come and go and institutions aren't stable like they once were. For his "Money Culture" column, in an article headlined "Tax Cuts Won't Work" posted on Feb. 13, Gross made that point using a Harvard professor, thought to have a secure job, as an example.
"Back in the day, and in many of the past episodes of postwar recession, the typical American worker resembled a Harvard professor-not in brains or wit, to be sure, but in the shape of her economic life," Gross wrote. "Many-not all, but a lot-enjoyed long, relatively secure job tenures, steady incomes, and generous employer-provided health and retirement benefits. But the economy has changed significantly in recent decades. And the circumstances that might prod our professor to start spending those tax cuts immediately might not apply to everybody else. The typical worker-white-collar, blue-collar, no-collar-doesn't have anything like tenure or a guaranteed job."
Everything is wonderful and peachy-keen in Obamaland if you rely on the reporting on the front page of The New York Times. Just ask CNBC's Jim Cramer. On his Feb. 12 program the "Mad Money" host dealt with the $789 billion stimulus package.
"Now if you were to believe what's in the papers, holy cow - except for the funny papers - you would think this package was wonderful," Cramer said he said of the reported agreement congressional leaders had reached on ironing out the package's details.
Cramer was referring to a front-page article by Richard W. Stevenson in the Feb. 12 Times, which gave a glowing account of this as a victory in the early stages of the Obama administration.
"Look at the front page of The New York Times today," Cramer said. "I love this one, ‘Measuring a Victory,' by this guy, Stevenson. He's a famous guy, you know? He's not Robert Louis Stevenson, he's Richard W. Stevenson. He writes - it's like a comedy routine - ‘It is a quick sweet victory for the new president and potentially a historic one.' Who edits this B.S.?"
HARRIS: Let's make a deal. Negotiators say they could agree on a final version of the massive stimulus bill as early as today.
Senior Congressional Correspondent Dana Bash is on phone from Capitol Hill.
Dana, really, by today? Is that possible?
DANA BASH, CNN NEWS SENIOR CONGRESSIONAL CORRESPODNENT: Their cautiously optimistic. I think we should stress the word cautious. I'm sitting in the hall of the capitol down the hall from Senate Majority Leader Harry Reid's office. And there is a huge meeting going on, it's even going on for 24 hours. The White House has said the budget director said many some of the key centrist Senators who really hold a lot of power between the House and Senate on the president's stimulus package.
How could anyone take a principled stand against the $789 billion economic stimulus bill? Any opposition to this massive expansion of the federal government must be sheer political posturing. Or so said Newsweek magazine's Jonathan Alter.
Alter said on MSNBC's Feb. 11 "Countdown with Keith Olbermann" that congressional Republicans oppose the stimulus bill based on an ill-conceived, low-percentage bet that the proposal would fail.
"Well, they're betting on the 30 percent chance, as Joe Biden put it, that it's not going to work," Alter said. "Then they can say, ‘I told you so, it didn't do any good.'"
During the opening of Friday’s CBS Evening News, anchor Katie Couric teased upcoming coverage of the so-called "stimulus" bill being debated in Congress: "Tonight, 13 jobs a minute disappearing...Senate moderates race to trim the stimulus package to a passable size." An image of a ticking clock appeared on screen as Couric spoke. A clip was also played of Barack Obama exclaiming: "These numbers demand action." In another clip, Senate Majority Leader Harry Reid remarked: "The world is waiting to see what we're going to do in the next 24 hours." [audio excerpt here]
Couric later reported on a possible Senate agreement regarding the legislation, portraying it as a compromise despite a lack of significant Republican support: "The Senate has reached tentative agreement on an economic stimulus package. Price tag: $780 billion, trimmed down from more than 900 billion. The compromise followed more dismal economic news." Correspondent Chip Reid continued to tout the so-called "compromise": "The deal was worked out behind closed doors by a group of about 16 moderate Republicans and Democrats, who plodded slowly through the 700 page bill line by line, looking for projects that won't do much to stimulate the economy." Neither Reid nor Couric explained that only three moderate Republican senators offered support.
Following Reid’s report, Couric asked him: "So, Chip, does today's deal mean the House and Senate will be able to compromise on a final stimulus bill, or once again will everything be back on the table?" Reid raised concerns, but only those of Democrats who wanted to spend more: "Not everything, but a whole lot. Nancy Pelosi and other liberal Democrats in the House do not like these cuts. They didn't even like the idea of trying to cut $100 billion out of this bill, much less 150 billion, and they're vigorously opposed to those cuts in education."
ABC's George Stephanopoulos was puzzled on Sunday's This Week when new Republican National Committee Chairman Michael Steele saw a difference between government-created temporary “make work” jobs and jobs created by the private sector: “I guess I don't really understand that distinction.” When Steele charged that “what this administration is talking about is making work,” Stephanopoulos interjected, “But that's a job,” leading Steele to explain: “No, it's not a job. A job is something that a business owner creates. It's going to be long term. What he's [Obama's] creating” are projects that “have an end point.”
Answering Stephanopoulos' confusion, Steele elaborated: “Well, the difference, the distinction is this. If you got a government contract that's a fixed period of time it goes away. The work may go away. There's no guarantee that there's going to be more work when you're done that job.” To which, Stephanopoulos retorted: “But we've seen millions and millions of jobs going away in the private sector just in the last year.” Steele tried again: “Yes, but they come back though, George. That's the point. They've gone away before and they come back.”
Say goodbye to hope and change. It's time to embrace the politics of doom and gloom.
MSNBC host Contessa Brewer, in an interview that seemed a lot like a lobbying campaign for the stimulus set for a vote in the U.S. Senate, quizzed Sen. John Barrasso, R-Wyo., about the possibility that his vote against a stimulus bill could send the country spiraling into a Depression - and endanger the public's footwear.
"But if it fails, if it fails and our economy implodes and we see ourselves stuffing cardboard back in our shoes like they did in the Depression era, are you willing to put your name behind that?" Brewer asked.
"I'm willing to stay here and continue through the weekend, next week, the next week, to try to solve something and get it right - don't rush into something like this country rushed into the bailout program right before the holidays last year," Barrasso replied. "I think that was rushed. We found out that that didn't accomplish the goal."
Have you ever wondered how the geniuses who report business news know why the stock market opens or closes up or down on any given day -- especially when they venture into political explanations?
I received this e-mail from CNN just after the markets opened:
Gosh, those e-mail drafters at CNN are smart. Who knew that the markets want the stimulus package so bad?
Can't you hear, senators? The markets want their stimulus and they want it now!
Give me a break. There is no hard evidence of CNN's assertion. Others commenting on the opening, including CNN itself, aren't buying all of what the e-mail was selling. Here's what CNNMoney.com had to say at 9:42 a.m.:
If former President George W. Bush said 500 million Americans are losing their jobs each month, do you think media would report it?
Probably every hour on the hour until all 300 million Americans had heard about it, right?
Well, during a press conference on an undetermined date, House Speaker Nancy Pelosi (D-Cali.) -- you know, the second in line for presidential succession right behind the vice president!!! -- said, "Every month that we do not have an economic recovery package 500 million Americans lose their jobs."
Amazingly, she's made this same comment at least twice in the past month -- in front of cameras, mind you!!! -- without creating a media firestorm: (video embedded below the fold):
Conservatives, including the Business & Media Institute, have criticized President Barack Obama's mathematics and language regarding job creation. CNN's Ed Henry brought up that same criticism on Feb. 2 during "Anderson Cooper 360°."
"[T]here are now questions about how many jobs Mr. Obama is promising to create," Ed Henry told viewers of the broadcast. Henry used three separate video clips of Obama talking about jobs to illustrate the way the President "seemed to move the goal post" for job creation.
Henry began with a clip of Obama's remarks on Nov. 22, 2008 when he said his team would be working on a plan to create 2.5 million more jobs in two years (by January 2011).
Don't like the notion of Wall Street employees receiving bonuses? Shoot the messenger - as Adam Green at The Huffington Post has done.
In a Feb. 2 post on The Huffington Post, Green said it was bad form for CNBC "Street Signs" host Erin Burnett to even think about considering the other side of the anti-Wall Street bonus argument, since some Wall Street banks received TARP funds, courtesy of the taxpayer.
"There are, though - well, how should we say this - the taxpayer money is not being used to pay the bonuses," Burnett explained on NBC's Feb. 1 "Meet the Press." "I think people could understand if you work for a company - right? If the three of us worked for a company, your guests, and I lost $10 billion but Steve [Forbes] over there, he made a billion dollars. So overall the company actually loses money, but Steve went and did his very darndest for that company and he made money. So should he be paid for his work? That's essentially what we're talking about here."
CNN's Campbell Brown isn't happy with what Rush Limbaugh said about her colleague Ali Velshi Friday, and has invited the conservative radio host to debate him on her program.
As some background, Velshi was on Brown's "No Bias, No Bull" show Thursday and claimed: "This is not the economy that Ronald Reagan ever saw or anybody with the last name Bush ever saw, or Clinton. We have not seen anything like this in our lifetime."
After the fourth quarter Gross Domestic Product numbers were released Friday showing a much lower-than-expected decline, Limbaugh took issue with what Velshi said the night before:
Mr. Velshi, you are incompetent. You are a disservice to your business, except you fit right in at CNN. Disinformation, character assaults. This economy is nowhere near as bad as it was in 1982.
Brown took issue with this Friday evening (video embedded below the fold with partial transcript, file photo):
"I think it's just another reminder of how the left hates free speech," Coulter said. "It really is strange how they go after speakers like this. I mean, there is no campaign by conservatives to shutdown Keith Olbermann. In fact, I wish more Americans would listen to him - to see the face of the left, the only 57-year-old woman trapped in a man's body to host his own TV show."
Conservative talk radio host Rush Limbaugh wrote an op-ed in Thursday's Wall Street Journal wherein he offered a bipartisan stimulus plan to get the economy going.
As not one Republican voted for President Obama's economic package in the House Wednesday despite his campaign promises to usher in a new era of bipartisanship, given the media's focus on Limbaugh of late one would expect his now-published plan to get oodles of press attention.
Will it, and if it does will Obama-loving media members seriously consider the details or quickly dismiss it because of its origin?
As you ponder, here are some of Limbaugh's suggestions:
Want to get your evening news show off with a bang? Add the word ‘depression’ to your opening.
CBS Evening News Anchor Katie Couric opened her Jan. 26 broadcast saying, “Good evening everyone. The recession is deepening and for tens of thousands of workers today, it just turned into a downright depression. They just found out they’re losing their jobs.”
Couric might want to be a bit more careful using the “D-word.” As BMI has covered extensively, the media has a track record of talking making economic troubles out to be worse than they are – specifically throwing the word “depression” around in spite of evidence to the contrary.
That's one of the selling points used over and over again by pundits, as they are paraded out repeatedly on broadcast and cable network news programs - that so-called "shovel-ready" projects will challenge economic woes by revitalizing something we need to do anyway. But only 3 percent of the Obama stimulus plan is slated for such projects.
"The total size of the plan is about $750 to $800 billion - roughly $300 billion is for tax cuts for businesses and individuals," CBS correspondent Chip Reid said on CBS's Jan. 12 "The Early Show." "The rest will be spent on everything from roads and bridges to renewable energy to create three to 4 million jobs. Republicans are raising red flags about the amount of spending."
The news that the Gannett Company--the nation’s largest newspaper publisher, flagship USA Today--is forcing thousands of its employees to take unpaid leave is the latest, shocking, evidence of the ill health of the old media.
But for present purposes, let's focus on this odd nugget: Gannett has informed its employees that pursuant to federal and state law, they [emphasis added]:
must not work while on an unpaid leave. That includes reading or responding to e-mails, calling or responding to calls from colleagues and being on site at your location at any time during your furlough days.
Can't you just imagine the scenario? A conscientious furloughed Gannett employee is at home trying to stay current by reading some emails, when suddenly comes a battering at the door: "FBI! Put down the mouse and step slowly away from your computer!"
Business & Media Institute's Dan Gainor appeared on "Fox & Friends," Jan. 12 to discuss why, with trillions of dollars, millions of jobs, and the future of our economic system on the line, the mainstream media won't ask Obama tough questions on his stimulus plan.
Given the media favoritism for Barack Obama during the campaign, Gainor said, "So, it's no surprise that they're not asking him tough questions [about the stimulus package]."
"Fox & Friends" co-host Steve Doocy specifically asked Gainor about Obama's expanding promise to create 4 million new jobs.
Dan Gainor of the Business and Media Institute wrote on the spin of "saving" vs. "creating" jobs:
What a difference a year makes. President-elect Barack Obama hasn’t even taken office and we’re experiencing climate change.
Not the global warming variety that keeps bypassing the bone-chilling American winter. It’s change in D.C. Obama, who promised a government of “change” unveiled a switcheroo in his Jan. 2 radio address, also available on the Change.gov Web site.
Obama is releasing details of his economic recovery plan that includes spending hundreds of billions of dollars. It also entails a major jobs component. “The No. 1 goal of my plan, which is to create 3 million new jobs, more than 80 percent of them in the private sector,” he says in the new video.
That’s quite a goal for a new government that only recently was snowing the American public and the media on the very same issue. Call it the great snow job of 2009. It wasn’t the fluffy, light kind of precipitation reminiscent of Hallmark cards. This was the heaviest kind that buries us 3 feet deep.
It was all part of how Obama was getting away with the Big Lie on the economy. Only a few days before the latest Obama comment, his economics team was running around the country saying they will “save or create” 3 million jobs.
On Sunday’s Face the Nation on CBS, fill-in host Chip Reid discussed the economic crisis with left-wing economist and New York Times columnist Paul Krugman, wondering: "I know you've been arguing for a more progressive government for a long time and obviously at difficult times like this, I don't want to suggest that a recession is a good thing. But if looking back at this five years, or some number of years, from now, can you envision a country that is better off because of how it responded to this recession?"
In response, Krugman explained: "Well, if you believe, as I do, that we need a stronger social safety net, that we need universal healthcare, then the revelation of just how vulnerable we are when things go wrong is going to help." Krugman went on to praise the New Deal: "We came out of the New Deal, we came out of the 1930s, as a better country, a middle class country, where we had been in the Gilded Age. We came out as a country that took better care of its citizens."
Sure, its revenues might be plunging along with its share price, but the New York Times is still good for something. In these somber days of winter, the Gray Lady, her name notwithstanding, can still inject the sunshine of humor—albeit of the unintentional variety.
Take its current editorial, Getting Immigration Right -- please. With jobs at a premium and the collapse of the Big Three automakers attributable in no small part to the role of the unions, the Times naturally comes out in favor of:
making it easier for illegals to get into the country to compete for what jobs are left, and
granting the right of illegals once here to . . . unionize.
In 2005, I sensed that journalists in general prefer to call this time of the year in commerce that of “holiday shopping” instead of “Christmas shopping,” but that when it came to people losing their jobs, they preferred to describe layoffs as relating to “Christmas.” My instincts have been proven correct during the past three years.
So did anything change in 2008?
Not that much, but slightly in the secular direction. Here are the overall results of various relevant Google News searches for the past four years (searches have been done three times each year -- just before Thanksgiving, about weeks later, and shortly before Christmas Day; this years Parts 1 and 2 are here and here, respectively; image courtesy of commenter "siouxcityranch" at Dr. BLT's Blog n Roll Studio):
It's special treatment for automakers, according to a former airline executive.
Gordon Bethune, the former CEO of Continental Airlines (NYSE:CAL), now a CNBC contributor, told CNBC's "Squawk Box" on Dec. 19 the political process is being substituted for what otherwise should be a bankruptcy judge in determining the fate of the big three automakers.
"Wow, what makes them exempt from reality? What are the bankruptcy laws invented for?" Bethune asked. "I mean - if it works in airlines, works in steel - what's the matter with these guys? Why not have a judge decide instead of the political process? And, you know - you get some fairness in the federal court, so there's no excuse for this whole debacle I don't think."