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.
Yesterday, Juliet Eilperin wrote for the Washington Post that “the public interest in climate change is waning.” Posted to Chris Cillizza’s Fix blog, it’s odd that Eilperin didn’t use any hard numbers in this piece. Citing Pew, she did say that support has dropped six points since last October, but what, pray tell, was the support at that time? Ten percent? Twenty-five?
Maybe she omitted the hard numbers for the simple reason that Americans have NEVER viewed this as a high priority issue. Let’s go back to January when President Obama – and the media – were pushing hardest for gun control policies. Aa Washington Post/ABC Poll found that 18 percent of all adults viewed addressing global warming as a high priority. Concerning the partisan breakdown, only 26% of Democrats and 7% of Republicans thought that stopping the polar ice caps was of the highest national urgency.
If we're going to have our tax dollars spent on NPR covering political news, can't we at least insist that they report the news accurately?
On Friday's All Things Considered, co-Host Audie Cornish opened an eight-minute segment by saying, “the gay marriage debate arrived at the Supreme Court, and White House efforts to tighten the nation's gun laws ran into serious Republican opposition.” Granted, the Tea Party caucus in the Senate is planning on a filibuster of the anti-gun bill that’s making its way to the floor, but the “serious” opposition comes from within the Democratic Party, as no less a partisan Democrat than Senate Minority Leader Harry Reid noted a few weeks ago.
On March 19, Ed O’Keefe and Philip Rucker of the Washington Post reported that Sen. Feinstein’s assault weapons ban amendment to the gun control bill had, in the words of Senate Majority Leader Harry Reid, “using the most optimistic numbers, has less than 40 votes.”
This morning’s episode of Starting Point on CNN wouldn’t be complete without host Soledad O’Brien doing what she does best: cheerlead for the Obama administration. Yesterday, the president chastised the American people for forgetting about the tragedy in Newtown last December, and said this was a critical moment for the nation to back his anti-gun agenda.
So of course O'Brien this morning invited slain Sandy Hook teacher Victoria Soto’s sister Jillian on the program to discuss the new ad released by Mayors Against Illegal Guns. The MAIG ad shamelessly plays on the emotions of Americans, specifically residents of Connecticut, in order to do damage control for Mayor Michael Bloomberg’s failed campaign to ban assault weapons and so-called high-capacity magazines.
The liberal website Slate has taken post-Newtown commentary to a new low by tracking the amount of deaths via firearm that have occurred since December. It’s purely an emotional ploy to show how awful America, our right to bear arms, and gun owners really are, and how the perpetuate carnage. Hence, we must act, and pass ineffectual policies like an assault weapons ban. What’s odd is that this interactive map was posted yesterday, when President Obama testily chastised the country for Congress's failure thus far to enact his anti-gun agenda.
Furthermore, its seems Chris Kirk and Dan Kois, the two men compiling this butcher’s bill, are lusting for more macabre news, urging readers to help them "draw a more complete picture of gun violence in America" by tweeting "@GunDeaths with a citation" of "gun death[s] in your community" that "[aren't] represented here."
So, Politico jumped the shark on gay marriage yesterday in reporting that Justice Elena Kagan that she had a ‘gotcha’ moment during yesterday’s hearings on the Defense of Marriage Act.
But a real ‘gotcha’ moment would have been if Politico did their homework and resurrected Kagan’s past comments about gay marriage from 2009, when she was awaiting confirmation to the post of solicitor general and she insisted in the answer to a questionnaire that “there is no federal constitutional right to same-sex marriage.”
In Elena Kagan's DOMA 'Gotcha' Moment, Jennifer Epstein and Josh Gerstein gushed that:
Just when you think you've heard it all, along comes Philip Kent -- chairman and chief executive officer of the Turner Broadcasting System, which owns the Cable News Network – who says that CNN “is a serious news network” that viewers would appreciate more if they would watch the channel “more critically.”
Kent made the laughable comments during an interview published in this week's edition of Broadcasting and Cable magazine, when he admitted that the “biggest misconception about CNN is that it's a liberal news network,” which “drives me crazy” because “it's not.”
When the Associated Press reported on the upcoming “Sex Week” program at the University of Tennessee in Knoxville, the reporter calmly noted that the “student-initiated” event will begin on Friday, April 5, and include several generic seminar topics.
However, when Fox News Radio's Todd Starnes described the same program, he indicated that it will include such controversial aspects as seminars by a lesbian bondage expert and a campus-wide scavenger hunt for a golden condom.
So, the Associated Press decided yesterday to write a story about Republicans – more or less – switching their stance on ObamaCare’s mandated Medicaid expansion, which targets America’s working poor, children, and the elderly. However, what the piece omits is the fact that a) it’s the most expensive provision of ObamaCare and b) the 2010 study showing people on Medicaid are more likely to die than those who are uninsured.
David A. Lieb, the author of the column, reported that one in five Americans are already on Medicaid, and that expanding it was the Obama administration’s way of insuring America’s low-income households.
The “nonpartisan” Organizing for Action is using the president’s twitter account. How is that not a violation of their 501 (c) (4) status? They’re selling access to the president. The site’s URL is Barackobama.com, and they recently made the decision to not disclose their donors, which seems to be fine with the D.C. watchdog community. Under Bush, this conduct would’ve drawn vociferous reactions from the political left, but Obama has the left and the media cowed.
Aaron Blake reported for the Washington Post on March 22, that the OFA was going to share the president’s Twitter account.
Today, the Washington Post's Ann Marimow and Aaron Davis published a rather celebratory piece on the Metro section front page claiming that a federal court panel's upholding of Maryland’s restrictive "may issue" concealed carry law is a “decision seen as [a] victory for public safety.” "'This is huge' for advocates of gun control," gushed the headline on the jump page, B8. Ever since Newtown, the Washington Post's editorial board has reinvigorated its push for fresh gun control, and ostensibly objective reporters at the paper have also done their part to stack the deck in how they color news related to gun rights issues.
A three-judge panel of U.S. Court of Appeals for the Fourth Circuit -- comprised of jurists appointed by Democratic presidents -- ruled on March 21 that the law passed constitutional muster. Clinton appointee Judge Robert B. King wrote for the unanimous three-judge panel:
On March 20, the Washington Examiner’s Philip Klein reported that it seems Obamacare’s true costs are starting to sink in with its most ardent supporters: Democrats. Despite years of the liberal media reporting that this new trillion dollar health care entitlement will save money over the next decade, that outcome is, to be generous, highly dubious, especially with the possibility of eleven million new illegals being able to apply for health care benefits, the cost of health care will have to increase.
Has Slate’s John Dickerson been replaced with a pod person? If not, the CBS Political Director is exuding signs of schizophrenia – or sheer forgetfulness. While in January Dickerson counseled the president to "go for the throat" of the Republican Party, in today's piece at the online opinion journal he's calling for Obama to court Republicans on a "grand bargain" to avert the looming debt crisis.
Today, Mr. Dickinson used anecdotes and Sun Tzu axioms to convey the point that Obama should not be such an agitator if he wants a deal to solve our fiscal woes.
It's easy to tell when a television series is a success because elements from the program start popping up in the oddest places. The latest example of this is the History Channel's wildly popular “The Bible” miniseries, which featured an actor representing the devil in last Sunday's episode. Soon after, Glenn Beck asked in a tweet if anyone else thought the character looked exactly like President Obama.
On the following day, CNN's Erin Burnett accused the “right-wing radio host” of having an “ugly history” of demeaning the Democratic occupant of the White House by calling him “That Guy,” “Satan” or “the Antichrist.” Beck responded on his Wednesday program by calling the accusation “complete hogwash” and “a blatant smear.”
In his March 20 piece, "Cowardly Congress, Ruthless NRA, and an Impotent Obama Conspire Against Assault-Weapons Ban" National Journal’s Ron Fournier attempts to shame 2nd Amendment-supporting Americans over Democrats killing an assault weapons ban before it had the chance to hit the Senate floor.
Fournier groused that “the gun lobby deserves most of the blame for creating a political climate in which any regulation of firearms is viewed as an attack on the constitutional right to bear arms. This as much a financial issue to the NRA and its industry allies as it is a constitutional one.” What climate is he talking about? The liberal media have been behind Obama’s gun control agenda since December, using every opportunity possible to use the tragedy to press a gun control agenda.
What's more, while it's supposedly "ruthless" for the NRA, the nation's oldest civil rights organization, to defend the 2nd Amendment from encroachment, Fournier has no qualms about today's edition of the New York Daily News, which featured the victims of Sandy Hook in a ghoulish display of political exploitation. It’s advocacy journalism at its most craven.
Scott Prouty is the man behind the now infamous “47 percent” video that the media hyped to bring down Mitt Romney’s presidential bid. It’s unbearably stale news at this point, but MSNBC’s Ed Schultz found a fresh hook for resurrecting it recently on his soon-to-be-defunct weeknight program. Prouty insisted that Romney’s invitation to speak at CPAC prompted him to come out of hiding and in the Schultz interview, he insisted he was not really that political a guy when he tended bar at a Romney fundraiser last year, when he surreptitiously recorded the video.
But Schultz, who owns a Canadian fishing lodge, apparently let Prouty on air to tell a fish tale. Today's Washington Post highlighted information in Prouty's background that seems to offer another explanation for why Prouty never came out in the open during the campaign, including evidence from social media postings that he is a committed liberal Democrat.
Back in February, I noted the Washington Post’s egregious omission of Senate Democrats as a category in a poll gauging the blame game if sequestration went into effect. Sequestration was an initiative spearheaded by the Obama White House, which is part of the story that has many on the left ripping liberal journalism icon Bob Woodward for reporting. Well, what do you know, in a new poll, the Post once again decided to leave the Democratic-run Senate off the hook, failing to ask respondents what they think about Senate Dems' handling of economic policy.
This is incredibly odd as it’s been way over 1,000 days since the Senate has presented, much less acted on a budget, something the liberal media would have ceaselessly hammered Republicans for had they been in control of the upper chamber of the U.S. Congress and done the same.
Does David Brooks read the news? I’m sure he does, but with the liberal media failing to report on the spike in gas prices – it’s no surprise that this New York Times Republican thinks the price of oil has gone down...instead of the "worst February on record."
On the PBS Newshour last night, Ruth Marcus filled in for Mark Shields, and said that the new jobs numbers are a positive development. However, the expiration of the payroll tax holiday will be a drag on the economy. Brooks chimed in saying, “well, I mean, obviously, there are drags. And I agree. Things are drags. But there are also pluses out there, the lowering of oil, of gas prices, that is obviously a plus. So there is a complex mixture of things.”
This is demonstratively wrong. As the MRC’s own Julia Seymour of the Business and Media Institute reported last month:
Lefty Fox News analyst Juan Williams is in hot water after it was discovered that a column he’d written for a political insider publication contained plagiarized material.
According to a report by Salon.com, a Feb. 18 piece that Williams wrote for The Hill newspaper copied almost word-for-word from a study by the far-left Center for American Progress on the subject of immigration and Social Security.
Compared to the Reagan years when there were literally four conservative publications: the Washington Times, Human Events, the American Spectator, and National Review—the media environment on the right has exploded in size.
While there are more right-leaning publications than before, given the left’s still overwhelming dominance of the mainstream media, have things really changed that much since Reagan’s day?
The Chicago Tribune has less of a problem with a politician being a crook while in office than an ex-con running decades later for office, just so long as the former is a Democrat and the latter a Republican.
Take a look at what Bill Ruthhart of the Chicago Tribune did to Paul McKinley, who could be the possible GOP challenger to Democratic Illinois State House Rep. Robin Kelly. The Tribune focused more on McKinley's decades-old rap sheet than what he would do if elected to former Democratic Rep. Jesse Jackson, Jr’s old congressional seat:
Ping-pong diplomacy worked with China, so why not b-ball diplomacy with North Korea? Mika Brzezinski is clearly not buying that line of logic. On today's Morning Joe, Brzezinski confessed to being "angry" with George Stephanopoulos for having the extraterrestrial otherwise known as Dennis Rodman on This Week to discuss his recent trip to North Korea, which included meeting with its new leader, Kim Jong Un.
Mika didn't spare her fellow MJ panelists, calling them "idiots" when they persisted in discussing Rodman's trip and TW appearance. View the video after the jump.
Bob Woodward is a legend in modern journalism, especially for fellow liberal reporters. But that all is for naught now that Woodward has committed the cardinal sin of criticizing the White House for an operative's use of what apparently is a fairly common tactic: a harsh bullying of the press in order to demand even more favorable coverage than the Obama-friendly press already lavishes on Team Obama. It centers on Woodward reporting that sequestration was the White House's idea. This morning Matt Lauer, on the Today Show, questioned Woodward's judgement, saying "I'm a little surprised you've gone public with this." Even, the New York Times offered no refuge for Woodward.
He isn’t the only one. Clinton operative and op-ed columnist Lanny Davis has received similar treatment, and veteran White House reporter Ron Fournier at National Journal also reported threatening emails and calls. But in today’s broadcast of Morning Joe, co-host Mika Brzezinski decided to give deference to Obama acolyte David Axelrod’s days as a journalist for the Chicago Tribune in order to portray Woodward as going over the line in his reporting on Gene Sperling's harassment:
Hold the presses! The far-left blog Daily Kos is insisting that liberal reporter Bob Woodard, in doing his job as a journalist, has gone “full Breitbart” with his coverage of sequestration. Just a few short years ago, the Kossacks loved when reporters "spoke truth to power" in confronting Republicans in the White House. But now that Woodward has gone on record saying that he received threatening emails from senior Obama administration officials, well, that's a far different story.
On the February 27 broadcast of The Situation Room with Wolf Blitzer on CNN, Woodward said:
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:
Remember when Washington Post In The Loop columnist Al Kamen launched another frivolous, liberal pandering contest for participants to name Hillary Clinton’s memoir to make things “a little easier” for her? Kamen is known for his inside the Beltway commentary on politics within Washington, which probably explains why bureaucrats love him. Well, after a strenuous vetting process, the winners are in, and it’s full of liberal boot-lickers, pro-Obama journalists, and former staffers of Joe Biden.
The top three that were the most interesting were from Alfred Friendly, Jr., a former reporter for Newsweek and the New York Times, who suggested Hard Times, Soft Power as his title for Hillary’s memoir. Does anyone else feel that the name sounds like a title suitable for the Adults Only section of the Clinton Presidential Library bookstore?
The Washington Post has been around for more than 150 years and is the largest newspaper in the nation's capital. So there's absolutely no excuse why the paper recently commissioned and published a poll related to the looming sequester which failed to account for the Democrats controlling the upper chamber, even though Republicans were noted as controlling the House.
As press secretary to President Obama, Robert Gibbs was often in the obfuscation business. Now that he's been freed from that role and become a news analyst—albeit at MSNBC—Gibbs has become considerably more candid. Readers will recall, for example, that he described Chuck Hagel as "unimpressive and unprepared" at his Senate confirmation hearing.
Today, Gibbs took that frankness a significant step further. On Up With Chris Hayes, Gibbs stated that as press secretary, he had been ordered not to acknowledge the existence of the drone program. View the video after the jump.
So, I take it that Lisa De Moraes didn’t go through her paper’s archives before she penned today's TV column in which she re-wrote history regarding Conan O’Brien's turn as emcee for the White House Correspondents Association dinner in April 1995. Yesterday it was announced that the late-night comedian would return this year as the master of ceremonies.
De Moraes suggested the O'Brien bombed the last go-around and seemed to take offense for late President Clinton, who was the butt of many of O'Brien's jokes 18 years ago.