As government spending supporters in the media press for a new, bolder stimulus plan to get the economy going, they love to refer to the Depression Era Hoover Dam as a shining moment in Keynesian economics.
When this surfaced on ABC's "This Week" Sunday, George Will marvelously noted, "You couldn't build the Hoover Dam today because they'd discover a snail darter in the Colorado River and would stop it" (video follows with transcript and commentary):
It seems even comedian Jon Stewart is a offended by Newsweek's pathetic cover photo of Congresswoman Michele Bachmann.
Unfortunately, after ridiculing the magazine and its editor Tina Brown for using an obviously "s---ty picture," the "Daily Show" host couldn't resist taking some potshots of his own at the conservative presidential candidate (video follows with transcript and commentary):
Liberal shill Arianna Huffington predictably echoed left-wing talking points on ABC's "This Week" Sunday concerning Fox News's coverage of the British hacking scandal being "embarrassing for journalism."
Fortunately for the sake of accuracy, Fox Business Network's Charlie Gasparino was there to set the record straight (video follows with transcript and commentary):
Despite slipping mostly under the radar, John Stossel disclosed something on his FBN program last Thursday that should have garnered a lot more attention.
As he chatted with guest Andrew Breitbart, Stossel admitted that the conservative publisher had offered him the James O'Keefe/Hannah Giles/ACORN scoop, but the former ABC Newser declined due to politics at the network he used to work for (video follows with transcript and commentary):
It's been four days since Chris Wallace and Jon Stewart squared off on "Fox News Sunday" and people still can't stop talking about it.
FBN's Don Imus brought it up with Wallace Thursday, and the FNS host said of Comedy Central's feature attraction, "I think he lives somewhat in denial about the bias of his program and of the, more importantly, of the mainstream media" (video follows with transcript and commentary):
For years America's media have been enthralled by anything that supports the theory that carbon dioxide is warming the planet leading to an imminent cataclysm if governments don't regulate this partially man-made gas.
By contrast, reports that might undermine CO2's importance in global warming, like the following released Tuesday by the AAS Solar Physics Division in Las Cruces, New Mexico, predicting a sharp decrease in solar activity in coming years, typically get either little attention or are downplayed:
On April 15, The Chicago Sun-Times reported on its Web site, "Jesse Jackson denies gay worker’s harassment, discrimination claims." The article began:
A spokesman for the Rev. Jesse Jackson on Thursday denied a claim from a man who says he was fired from the civil rights leader’s Rainbow PUSH Coalition because he is gay.
Tommy R. Bennett filed a complaint with the city of Chicago’s Commission on Human Relations last year, alleging Jackson fired him unjustly and that the civil rights leader forced him to perform “uncomfortable” tasks, including escorting various women to hotel rooms to meet Jackson for sex.
The piece ended noting that a gay publication, The Windy City Times, had reported Bennett's allegations earlier in the week. The Windy City Times story included more salacious details, such as the complainant's charge that Jackson directed him to apply cream to a rash between Jackson's legs; the minister told Bennett about one of his high school instructors, a gay man, who served as Jackson's teacher with benefits; and Bennett's allegation that Jackson wanted to have sex with the Rainbow Coalition employee.
As NewsBusters previously reported, Chris Matthews on Tuesday blamed conservative talk radio hosts Mark Levin and Michael Savage for supposedly creating the climate of hate that led to Saturday's shootings in Tucson, Arizona.
On Wednesday, FBN's Don Imus and his sidekick Bernard McGuirk responded to the "angry," "vile," "psycho," "spittle-spewing" MSNBCer (video follows with transcript and commentary):
Fox News apparently employs a pair of 9/11 "Truthers": Geraldo Rivera, host of FNC's "Geraldo at Large", and, we've recently discovered, Judge Andrew Napolitano, who hosts "Freedom Watch" on the Fox Business Network.
Both Napolitano and Rivera have, er, raised questions about the "official" (read: commonsensical) explanation for the collapse of the WTC7 building on September 11, 2001. This conspiracy theory has been thoroughlydebunked a number of times. Apparently Geraldo and the Judge are not convinced.
Earlier today Fox Business Channel announced that it's hiring former CNN talker Lou Dobbs to host a new program on its schedule. Once again Fox has demonstrated that it is alone among cable networks in being willing to routinely offer conservative opinion.
Dobbs left CNN last year after CNN president Jonathan Klein gave him an ultimatum: "Mr. Dobbs could vent his opinions on radio and anchor an objective newscast on television, or he could leave CNN."
The National Public Radio (NPR) executive who fired Juan Williams is behind an effort lobbying for a new tax to be levied on private media outlets in order to finance a BBC-style state media, NewsBusters publisher and Media Research Center Brent Bozell told viewers of Fox Business Network's "Varney & Company" at 10:45 a.m. today.
NPR president Vivian Schiller is "part of a group which wants to essentially tax existing media companies... and use that tax money to create a national network of public broadcasting companies to put out a news broadcast on a national basis, like an American BBC," Varney noted.
"Let's put it another way, the attack on Juan Williams... wasn't really an attack on Juan Williams," Bozell replied.
NewsBusters publisher Brent Bozell sat down for a satellite interview this morning with Fox Business Network's Stuart Varney to discuss the recently-launched "Tell the Truth" campaign.
It's a very simple proposition, Stuart. I think it's time that the American people say simply to the media, tell the truth! Stop distorting stories. Stop projecting an agenda and calling it objective truth. Start reporting news. Tell the truth about what's going on in Washington. Tell the truth about the positions of these candidates. Stop playing politics with everything.... I want them to get the message loud and clear the public is sick and tired of this left-wing agenda masquerading as news.
A slightly skeptical Varney then asked the Media Research Center founder if he thinks that's always been the case:
Eric Bolling's new show on the Fox Business Channel, Money Rocks, saw a significant display of fireworks this evening. During a discussion of some already controversial statements made by Democratic strategist, Bob Beckel, a very heated exchange developed involving Beckel and Atlas Shrugs publisher, Pamela Geller.
The controversy started when Bolling played a clip of Beckel's previous appearance on the show in which he stated:
"Look, at some point, I know it's sensitive here in New York and probably New Jersey, but we have to get over 9/11."
What did he mean by ‘we have to get over 9/11'? According to Beckel, this was simply an expression of frustration for a variety of things, such as extra security at airports and a few other minor inconveniences designed to catch "a bunch of non-existent terrorists."
The short list of ‘non-existent terrorists' since 9/11 that Mr. Beckel must be referring to, include the Madrid train bombers, Russian train bombers, Shoe Bomber, the Lackawanna Six, Fort Hood assassin, the Virginia ‘Jihad' Network, Christmas Day bomber, Fort Dix plotters, and the Times Square bomber.
Beckel might have been feeling the stress of trying to defend such a blatantly insensitive statement, by providing a blatantly inaccurate defense, as he experienced a misogynistic meltdown directed at Geller in the middle of the segment in which he said:
"You're a woman, you better be careful about saying who I carry water for."
In the current federal tax debate, the media are "really helping out the liberals" just by choosing certain words over others, according to the Business & Media Institute.
In an appearance on Fox Business Network Sept. 21, BMI's Julia Seymour told host Charles Payne that the mainstream media - "particularly the cable primetime shows that we looked at," had been framing "the debate as tax cuts, rather than tax increases."
Seymour was referring to BMI research showing that the media was using the language of the left and the Obama administration when reporting on the tax issue. MSNBC's Keith Olbermann said on Sept. 13 that "Democrats want to cut everybody's taxes," despite the president's stated intent to raise taxes on the rich. "It was 27 tax cut-framed stories, versus two tax increase stories," Seymour told Payne. The media were thus 13 times more likely to put a positive spin on the Democrats' intentions than to characterize the move as a tax increase.
For general discussion and debate. Possible talking point: Sarah Palin and Rand Paul were Judge Napolitano's guests on Saturday's "Freedom Watch" on FBN. First part below (relevant section at 5:20), rest available here:
This could confirm what many suspected all along - the corporate heads at General Electric (NYSE:GE) would try to use their media holdings to portray President Barack Obama and his administration in a positive light in order to gain a corporate advantage.
According to Gasparino, GE CEO Jeffrey Immelt had "helped his company feast off of the subsidies of Obamanomics," including the green energy initiatives and health care reform. And although Immelt is a registered Republican, Gasparino detailed how Immelt would walk around his company's headquarters saying "we're all Democrats" now at the prospect of government checks going to GE. But later, Gasparino explained how Immelt would use his authority to manipulate the editorial coverage of on Obama for that reason:
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.
It seems that not even the truth can possibly overturn the narrative that President Obama and the Democrats in Congress have brought transparency to Washington.
Last Wednesday I wrote about how the Dodd-Frank financial regulatory bill Obama signed into law last month contains a provision exempting the Securities and Exchange Commission from Freedom of Information Act requests. Such an exemption would surely have been grounds for a media outcry during the Bush administration, yet apart from The Wall Street Journal and CNN, only blogs have been following the developments. The latter opted simply to parrot the administration's claims without challenge.
Other media ouetlets, such as National Public Radio and MSNBC, completely ignored the controversy, in stark contrast to their extensive coverage of the Bush administration's attempts to curtail the scope of the Freedom of Information Act. NPR's Don Gonyea said "When conflicts arise over what should or should not be open, the administration does not hesitate to invoke the memory of 9/11. And while it's true that 9/11 changed the security landscape, it's also true that the administration was tightening the control of information much earlier . . ."
per·ni·cious \pər-'ni-shəs\ adj.: highly injurious or destructive : deadly
Sounds like a pretty harsh word to describe something, right? So whatever the word pernicious is describing must be pretty bad.
But leave it to The New York Times editorial board to throw this lingo around like it's no big deal. In a July 8 over-the-top editorial, the Times ripped the Arizona anti-illegal immigration law over its constitutionality.
"The Obama administration has not always been completely clear about its immigration agenda, but it was forthright Tuesday when it challenged the pernicious Arizona law that allows the police to question the immigration status of people they detain for local violations," the editorial said. "Only the federal government can set or enforce immigration policy, the government said in its lawsuit against the state, and ‘Arizona has crossed this constitutional line.'"
"Has the mainstream media -- which turns left -- have they abandoned the president on his economic policies?" Stuart Varney asked NewsBusters Publisher Brent Bozell in a brief interview held shortly after 10 a.m. today.
The Media Research Center founder answered in the affirmative, noting that staunch liberals in the mainstream media think Obama is too conservative on his spending plans:
BRENT BOZELL: It's the columnists, particularly for the New York Times. It's the four horsemen of the apocalypse from the Times. It's Paul Krugman, it's Frank Rich, it's Maureen Dowd, it's that crowd, they are out to get Obama now. Not from the right, from the left.
STUART VARNEY: Yeah. I mean Bob Herbert, I think it was just yesterday, talking about the failure of the president's policy. Missed opportunity. He wants another trillion dollar stimulus program. So does Paul Krugman.
To watch the full interview, click the play button on the embedded video above at right.
We all know the BP oil spill is a huge mess. It's going to be costly to clean up - but just how much? And while some outspoken critics are calling for BP to eliminate its dividend, they probably aren't realizing the residual effects.
"Couple of things - I mean, it is water under the bridge, it is over and you will have to live with it," Gheit said. "BP will have to live with it. We have to remember one thing -- BP bought 10 years ago, Amoco, Arco, a very large American corporation with a lot of people working for BP today. And the retirees are pensioners from the Amoco and Arco days. So by cutting the dividend we're penalizing completely innocent people that worked very hard for many years. And now, the dividend is the way they support themselves. So, I don't understand."
There are a lot of people angry at BP for causing huge damage to the Gulf of Mexico. As a way to vent some of this emotion, some are volunteering their help to clean up where the oil has washed ashore. Others are petitioning lawmakers to clamp down on oil companies to ensure this doesn't happen again. However, there's one option that has proved to be pointless according to Penn Jillette, half of the famed Vegas duo Penn & Teller.
"Well, you know, I don't know there's many different takes to take on it," Jillette said. "I mean, it's just a horrible disaster and a catastrophe. What amazes me about it is on Facebook, they just, they put this thing up, you know, ‘Boycott BP.'"
Watch the latest business video at &lt;a href=&quot;http://video.foxbusiness.com/&quot;&gt;video.foxbusiness.com&lt;/a&gt;Another devastating intended/unintended consequence of the Obama administration's major government expansion: charity organizations (already in deep struggle to weather current economic conditions) will likely experience additional major decline in contributions.
On the April 16 broadcast of Fox Business Network's "Varney & Co.," Rick Dunham, CEO of fundraising consultant Dunham & Company, weighed in on the new budget proposal that would scale back charitable deductions for families making over $250,000.
"Do you think you're going to take a really big hit in terms of lower donations to charities? How big a hit?" host Stuart Varney asked.
"Well the Center on Philanthropy at Indiana University did a study last year to look at the impact of the rise in the marginal tax rate and the capping of charitable deductions at 28-percent and they believe that it'll be about almost a $4 billion hit based on 2006 dollars," Dunham said. "So we're probably looking at about a $5 billion hit."
Watch the latest business video at &amp;amp;amp;amp;amp;lt;a href=&amp;amp;amp;amp;amp;quot;http://video.foxbusiness.com/&amp;amp;amp;amp;amp;quot;&amp;amp;amp;amp;amp;gt;video.foxbusiness.com&amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;gt;It is virtually impossible to separate economics from politics, and politics from a society's culture - but is economics inherently intertwined with religion as well?
Fox Business Network (FBN) anchor Stuart Varney thinks so. On FBN's April 14 broadcast of "Varney & Co." Father Jonathan Morris joined the show's panel and explored the question.
"Do you think that Europe's paganism - it's turn away from Christianity - has anything to do with Europe's economic decline?" Varney bluntly asked the priest. "Can you link this secularism - what I call ‘paganism' in Europe- directly to economic decline?"
"Certainly Europe is much more secular than the United States, and all of a sudden you lose hope," Morrison said. "If you lose hope in what life is all about, you're not going to work very hard. On the other hand, if you have hope that what I'm doing today matters tomorrow - and I'm building a life and I'm building my family and we're going places - and there's something beyond this life? You're going to be hopeful, you're going to make money - you're going to build the culture of life and goodness."
Watch the latest business video at &amp;amp;amp;amp;amp;lt;a href=&amp;amp;amp;amp;amp;quot;http://video.foxbusiness.com/&amp;amp;amp;amp;amp;quot;&amp;amp;amp;amp;amp;gt;video.foxbusiness.com&amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;gt;NPR and Fox News contributor Juan Williams does not see vitriolic blanket-statements condemning conservatives as "racist," "homophobic," heartless, anti-intellectual, and depraved (to name a few), as divisive or erroneous in the least.
Aside from possibly race and identity-politics, there are few things more toxic and effective than the poisonous doctrine of class warfare - no matter how many times leaders may promise heaven on earth. In his April 7 speech at Harvard University, AFL-CIO leader (and corrupt money-laundering extraordinaire) Richard Trumka did his part to perpetuate fear and hate of conservatives - repeatedly inciting the "righteous anger" the "working class" should have against "servants of economic privilege" and "apostles of hate."
"There are forces in our country that are working hard to convert justifiable anger about an economy that only seems to work for a few of us into racist and homophobic hate and violence directed at our President and heroes like Congressman John Lewis," Trumka said. "Most of all, those forces of hate seek to divide working people -- to turn our anger against each other."
Liberal commentator Nancy Skinner conceded there is one issue the right is right on - the value-added tax (VAT) is an absurd idea.
Skinner who is a regular guest on the Fox Business Network, stated April 7 that the VAT will do absolutely nothing to help the ailing economy, concurring with the "Bulls and Bears" panel.
"Everybody, you're going to be surprised: I finally found a tax I don't like, and it's this VAT tax!" Skinner exclaimed. "Here's why - it doesn't produce any behavioral changes - it's hidden as Gerri Willis said. What you want in a tax is a tax that changes behavior."
As Reuters reported April 6, White House adviser Paul Volcker - of the Larry Summers school of economics - threw out a trial-balloon recently, saying the U.S. may need to consider a European-style value-added tax to raise revenue and bring the deficit under control.