Since former Vermont Gov. Howard Dean stepped down as the chairman of the Democratic National Committee, he has ventured into other opportunities.
One of those opportunities was to be a business pundit for the financial news channel CNBC, even though Dean's background prior to politics was in medicine. But just over a week later, in an e-mail dated April 2 to MoveOn.org mailing list subscribers, Dean wrote he was leaving Washington to hit the campaign trail "to help President Obama win health care for all."
With the G20 meeting in London, there have been raucous protests - clashes with police in riot gear, destruction of property at nearby banks and even the death of one man from a heart attack. And the media have gone out of their way to cover every sordid detail.
"Look, I got a note from a friend of mine in Orlando who pointed out there were more people at a taxpayer tea party in Orlando a week ago than there are in London," Gingrich said on Fox News Channel's April 1 "On the Record with Greta van Sustren." "They just didn't get any coverage out of the media. There were more people recently in Cincinnati at a taxpayer tea party than there have been demonstrating in London. But the London demonstrators are breaking windows, they're being violent, and you know, the media is always happy to cover the anarchic and violent left."
It's no secret the Bush administration used fear tactics to push the $700-billion Troubled Asset Relief Program (TARP) through Congress last fall. Both members of the House and the Senate have come out after the fact and disclosed the details.
However, the method the Treasury Department employed to get banks to go along with the TARP bailout breached legal boundaries to the point of "extortion," according to Fox News Senior Judicial Analyst Andrew Napolitano, a former Superior Court Judge for the state of New Jersey.
Napolitano told viewers on FNC's April 1 "Studio B" that he had a conversation with a head of $250-billion bank that explained the federal government, under the threat of an audit, forced him to accept TARP funds.
Chris Matthews, on Wednesday's "Hardball," admitted Barack Obama, along with his wife Michelle this time, gave him yet another "thrill." The MSNBC host gleefully described his feelings at seeing the Obamas arrive in England for the G20 summit this way [audio available here]:
Well there is something cool when they were both - there's a nice ‘60s term. When they were both walking to the helicopter the other day, Marine One, there was something like, when he looked at her, you could just tell he said, "Isn't this something?" You know you could tell like they were experiencing the-, the, I'm getting old here. The grooviness, the excitement of being this First American Couple heading towards Marine One, which is cool in itself, heading from there to Air Force One, to a quick flight across the Atlantic, on your own plane. And to meet with the world leaders as like the centerpiece of the world. What? I get-, I'm saying it again, I'm getting a thrill.
Matthews, who invited the Washington Post's Lois Romano and the Independent Women's Forum Michelle Bernard to join in on the Obama-watching fun, also giddily admitted: "We girls agree. I don't mind saying that. I'm excited. I'm thrilled. Any way I like it all! I like the picture, I like the substance. "
The following is the full exchange Matthews had with his panelists on the April 1, edition of "Hardball":
Socialist International President George Papandreou has a lot in common with President Barack Obama.
Both the world leaders have called for nations to come together to solve the global recession and both claim it is necessary to focus on a green economy. Papandreou, who is likely to become Greece's next Prime Minister, was encouraged by Obama's "very new signal" about global goals for economic recovery.
"The United States under Barack Obama is giving out a very new signal which is, ‘We need to collaborate.' And I think that is very important for our planet today. We need to collaborate," Papandreou told Nicole Petallides of the Fox Business Network April 1. "The issues are global and if we do collaborate we can actually say that we can change the economy. We can change some of the structures that created this crisis and we can make sure that we uh, that we create the jobs for people - and jobs for workers in the United States."
Remember all those TV segments and magazine articles that had a list of 10 things you can do to save the planet from the perils of global warming? More likely than not, one of things you were urged to do was to switch all you incandescent light bulbs to compact fluorescent bulbs (CFLs).
And, if you didn't heed their advice, the government's forcing you to through the legislative process. Congress banned the incandescent light bulbs in the energy bill signed into law by former President George W. Bush on Dec. 19, 2007. The bill increases efficiency standards and effectively bans traditional bulbs by 2014.
However, a segment by Washington, D.C. CBS affiliated WUSA on March 30 reported these CFLs were responsible for a fire at the home of Rick Jenkins, a resident of Cumberland, Md.
Arianna Huffington, who appeared as a guest host on CNBC's March 31 "Squawk Box" has following of left-wing readers and bloggers, as the editor of the very popular Huffington Post blog. The two faced off on "Squawk Box" about how the housing crisis should be handled. Huffington asked Santelli what his thoughts were on more government assistance for underwater homeowners to prevent another round of foreclosures.
"Well, the whole country is underwater I guess," Santelli replied. "It's just a matter of where you want to point the bailout gun. I would certainly like to see some of those mortgage contracts gone through to find out where the erroneous and inaccurate and illegal contracts and separate those from the rest because I think that a lot of the information on the original mortgage contracts is not accurate and I don't think it would be very fair to put those in the same camp as other foreclosures."
As the song "Can't Take My Eyes Off of You," played over slow-motion video of Michelle Obama, NBC's Dawna Friesen, on Tuesday's "Today" show, eagerly awaited the arrival of the Obamas in London, for the G20 summit, as she gushed: "Yes, her husband is, of course, the big star of the show, but this is Michelle Obama's first foray on to the global stage as First Lady. And you can bet that her every move, her every fashion decision will be dissected and analyzed, especially when the couple go to meet the Queen. But she's got a lot of good will on her side." (audio available here)
Friesen then played soundbites from random British fans cheering Michelle:
UNIDENTIFIED WOMAN: Oh I think she's really cool. She's got a lot of really good styles. It makes a change from politicians' wives to look good.
UNIDENTIFIED MAN: She looks supportive and that's what a man needs in life.
UNIDENTIFIED MAN#2: I have been totally stunned at the awesome nature of Michelle Obama.
"Forget about bringing the troops home Iraq - we need to get the troops home from World War II," Maher said. "Can anybody tell me why in 2009, we still have more than 50,000 troops in Germany and 30,000 in Japan? At some point these people are going to have to learn to rape themselves."
One of the subplots in the soap opera known as CNBC took another turn on Monday as some of the pieces fell in place of who's doing what and why.
Last Friday, CNBC and former "Fast Money" host Dylan Ratigan parted ways officially. However, on CNBC's March 30 "Fast Money," show panelist Guy Adami, the managing director of Drakon Capital, announced Melissa Lee, a fill-in host over the past year for the popular network show, as the new caretaker of the show's "center seat," that plays the moderator role for the show.
"Whoa, whoa, whoa, and nothing," Adami said. "Listen, clearly you've noticed some changes on the set, but as a show and as a network, we'd just like to wish Melissa Lee, the Emissary, all the best as she now takes the center seat on ‘Fast Money.'"
If you watch MSNBC's "Hardball," you really have to scratch your head and wonder what host Chris Matthews is thinking when he opens his mouth sometimes.
On the March 30 broadcast of "Hardball," Matthews, MSNBC political analyst Pat Buchanan and Newsweek's Howard Fineman were discussing what they perceived to be a rift between former GOP vice-presidential candidate Alaska Gov. Sarah Palin and her running mate, former GOP presidential candidate Sen. John McCain, R-Ariz. based on McCain's unwillingness to commit to supporting Palin as a presidential candidate in 2012. (h/t Breitbart.tv)
Fox News Channel host Glenn Beck has already shown he's a rating success and is leaving a mark in cable news. However, he may have pulled one of his most successful performances yet.
Beck interviewed Connecticut Attorney General Richard Blumenthal on his March 30 broadcast. But, the radio and TV host took the opportunity to tell Blumenthal what he thought of his investigation into the bonuses received by American International Group (AIG) executives - whose company received federal bailout money.
"Look, you know what you have done, know what you have done?" Beck said. "You have - you are an insult to George Washington, sir. George Washington made it very clear that we are a respecter of laws, not of men. For your own political gain, you have decided to go after these people at AIG because it is a popular thing."
After General Motors (NYSE:GM) Chairman and CEO Rick Wagoner was forced out by President Barack Obama, Wall Street is betting bank CEO firings will be the next shoe to drop.
CNBC's New York Stock Exchange floor reporter Bob Pisani told viewers of CNBC's March 30 "Street Signs" the market's actions, with the Dow Jones Industrial Average (DJIA) dropping as much as 300 points, are reflect, in part,that the government is going to force bank CEOs out as they did with Wagoner.
"Look, the main concern here today is Geithner's comments that some banks are going to need a lot more capital," Pisani said. "And for everybody who says why haven't they fired anymore bank CEOs yet - why hasn't the government done it, wait - they're going to."
Update (March 31, 18:42 EDT): This blog post was mentioned on the "Grapevine" segment on FNC's "Special Report with Bret Baier." Video added at 13:00 EDT on April 1, 2009.[audio available here]
A contributing editor of a major weekly news magazine pens a newspaper op-ed defending a controversial decision by a prominent Catholic university. Said editor's son is a marketing executive for said Catholic institution, but neither the editor nor the newspaper disclose the fact to readers.
If the popular FAIL blog dealt with journalistic missteps, this would surely make the cut.
"Metro faces a more than $50 million budget gap, two dozen bus routes are being eliminated, others shortened or put on less frequent schedules," host John King said. "Light rail is also being cut back, leaving riders in the working class community surrounding St. Louis like Darren Berryl, asking, why me?"
During a segment on Friday’s Campbell Brown: No Bias, No Bull program, CNN tried to perpetuate left-wing stereotypes about gun owners, and sent mixed messages about whether or not President Obama and his administration is pushing for gun control. Correspondent Sean Callebs interviewed two Texas professionals who owned guns and concluded, “A nurse, an attorney -- not the usual portrait of Second Amendment diehards.” After asking a gun store owner if he was “profiting on this fear” of new gun control measures, Callebs expounded on the concerns of gun owners: “In fact, it may not be rational at all. It might even be paranoid. But one thing is certain. Many gun owners believe this president is somehow out to curb their rights and they’re stocking up just in case.” [audio available here]
Both Callebs and CNN senior legal analyst Jeffrey Toobin tried to assure their viewers that gun control was “way off the agenda right now” of the Obama administration, despite the fact that a graphic on the news crawl stated plainly that President Obama “wants to make expired Assault Weapons Ban permanent.”
Just hours after MSNBC "Hardball" host Chris Matthews calls Rep. Michele Bachmann, R-Minn., the "Mata Hari of Minnesota" and Rolling Stone editor Matt Taibbi says "a guy huffing glue out of a paper bag" was making more sense the Bachmann, MSNBC "Countdown" host Keith Olbermann comes in for clean-up duties.
On the March 27 broadcast "Countdown," Olbermann confirms that Michele Bachmann Derangement Syndrome is alive and well at MSNBC. Dedicating the top of his show to Bachmann, Olbermann accuses the Minnesota congresswoman of breaking "several serious laws," for suggesting the American people should rise up against some of the liberal nonsense going on in Washington, D.C.
"The identity of the speaker is unmistakable, but this is not your standard red meat from Michele Bachmann, she may have broken several serious laws," Olbermann said.
This week I took on Treasury Secretary Tim Geithner for capitalizing on the A.I.G. crisis he helped foment by trying to seize even more regulatory authority. Stephen Moore described the plan as handing Geithner "judge, jury and execution" authority.
One Fox News Channel anchor said Vladimir Putin is probably "smiling," at the thought of Geithner's new plan. But since the networks have had Geithner's back for some time they are unlike to challenge him the way one Congressman did this week.
Keiser appeared on Al-Jazeera English's March 27 "Inside Story" to discuss the possibilities of a global currency. Host Darren Jordon asked Keiser about the pitfalls of converting to a global currency and Keiser used it as an opportunity to launch into an anti-American diatribe.
"Well, the pitfalls are for the U.S.," Keiser said. "The U.S. has what [former French President Charles] de Gaulle called an extraordinary privilege - they can write checks that they never have to cash. They just print new dollars. This has been going on since Bretton Woods at the end of World War II."
Another episode of MSNBC's "Countdown with Keith Olbermann," another angry rant about a conservative disagreeing with liberal agenda - how predictable.
On the March 26 broadcast of "Countdown," Olbermann set his sights on Rep. Joe Barton, R-Texas, for suggesting that nature adapts to a changing climate - even when the changes predate the theory that man possessed the ability to change the climate.
"But our winner - Republican Congressman Joe Barton of Texas, back for another round of denying climate change," Olbermann said.
Olbermann quoted Barton in a March 25 hearing, leaving out passages in which Barton cited examples of how mankind has adapted to changing climate throughout history (full video here of statement).
In an appearance on the March 27 Fox & Friends, BMI's Dan Gainor discussed White House Chief of Staff Rahm Emanuel's brief, lucrative tenure on the board of Freddie Mac.
New reporting by the Chicago Tribune has updated the story BMI chronicled during the Obama transition of how Emanuel made more than $300,000 advising the Government Sponsored Enterprise at the very time it was engaged in unethical and illegal behavior. The mainstream print and broadcast media have mostly ignored Emanuel’s Freddie Mac history, as well has Barney Frank’s Fannie Mae connections because “very obviously they have an agenda,” Gainor said.
CNBC has been a hotbed for commentary - both left and right, from Rick Santelli's call for a tea party on the floor of the Chicago Mercantile Exchange to the hiring of former Democratic Committee Chairman Howard Dean as a CNBC contributor.
This time, one of the hosts on CNBC's March 26 "Power Lunch" dropped an expletive during President Barack Obama's online town hall meeting as the network broke away from their coverage (h/t Breitbart.tv):
PRESIDENT BARACK OBAMA: One last point I want to make and I know I'm not suppose to talk this long ...
Want a little populist outrage? There's nothing like hearing it from a multi-millionaire advertising mogul with a spot on CNBC.
Donny Deutsch, the host of "The Big Idea," a show the network has shelved, explained to viewers on the March 25 broadcast of "CNBC Reports" he wants measures put in place to keep prevent people he regards as "idiots" from making $10 million a year.
"The issue is even now, with the new asset program, basically if it works, the taxpayer's taking up all the risk," Deutsch said. "God forbid it doesn't work, taxpayers are really going to take it on the chin. And let's say we get it right and the banks are lending again and everything is fine again - what is now put in place on Wall Street to make sure idiots are not getting paid $10 million a year?"
You too can save the planet from the effects of carbon emissions by participating in the symbolic gesture of turning off one light switch at a time for Earth Hour on March 28.
That's the message from actor Edward Norton, the official U.S. ambassador for Earth Hour 2009, who appeared on CNN's "Larry King Live" on March 25. As Norton explained, this is a symbolic event for which everyone turns out their lights from 8:30 p.m. to 9:30 p.m. local time on March 29. And this act will encourage world political leaders to cap or tax carbon emissions through the legislative process by demonstrating "global unity."
"You're right. The act of turning out the lights for an hour - is, it's not an act of conservation," Norton said. "It's not, um, meant to say that, ‘By doing this, we're going to solve the problem.' I think it's a symbolic act of global unity, of highlighting the number of people who do think this is one of the central issues of our time and motivating our leaders to take, um, purposeful and aggressive action on this issue."
It is one thing - as Rush Limbaugh has been vilified for - to say you have a desire for the president to fail, but what about accusing the president of wanting his own policies to fail?
That's what Fox News Channel's Dick Morris said on the March 25 broadcast of "Your World with Neil Cavuto." According to Morris, those who are criticizing Obama for his spending, including Daniel Hannan, who represents South East England for the Conservative Party, made famous by a YouTube video eviscerating Keynesian politics, are missing the point. Obama wants to worsen the economic conditions to expand the powers of government according to Morris.
"We are confusing in analyzing the bank bailout and in what Hannan, the other guest you had on - the British Parliamentarian, had on, was also confusing - means with ends," Morris said. "He said, for example that more spending won't solve the recession. Obama doesn't want it to. He wants the recession to permit him to do more spending, and in terms of this bank package, he knows that the public-private partnership isn't going to work. He's doing his best to kill it by all these comments."
Has the federal government exceeded, or is it on the verge of exceeding its constitutional authority with the recent series of events connected to rescuing an ailing banking system?
Although Rep. Michele Bachmann, R-Minn., was ridiculed for raising that question in a congressional hearing on March 24, conservative talk show host, constitutional lawyer and legal commentator Mark Levin, told Fox News Channel's "Your World with Neil Cavuto" on March 24 that government was indeed exceeding the constitution. According to Levin, there is nothing in the Constitution that would allow the Obama administration to expand the government's ability to seize non-banking financial institutions as Treasury Secretary Timothy Geithner has proposed.
"It's unbelievable," Levin said. "There is no constitutional authority for this. I thought the American people like capitalism. I mean look, we luxuriated in this society as a result of the market system."
Talk about unintended consequences. All this populist anger ginned up by congressional Democrats, the media and the Obama administration is going to hinder the Treasury Department's strategy to rescue the banking system.
Paul Krugman, the liberal New York Times columnist and winner of the 2008 Nobel Prize in economics explained to Bloomberg News on March 24 that this is just what is happening.
According to Krugman, the backlash caused by bailed-out American International Group (AIG) compensation debacle and efforts by Congress to limit other expenditures - private jets, office redecorations, salaries, etc. - is causing otherwise healthy financial institutions to shy away from accepting and keeping Troubled Asset Relief Program (TARP) money from the federal government.
It had been one of the many points of contention against CNBC by the left-wing attack machine - that "The Kudlow Report" host Larry Kudlow was using his show as a platform to make a run at the U.S. Senate in 2010 against Democratic Sen. Chris Dodd.
Well, they're going to have to find another way to try to marginalize Kudlow, as they have with other CNBC personalities. Kudlow announced on his March 24 broadcast that he would not seek a seat in the U.S. Senate in 2010.
The CNBC host explained he was approached by the Republican Party to be a candidate, but said he never considered it "a serious proposition."
"Alright folks, tonight - I want to talk to you for a quick moment about me," Kudlow said. "Several weeks ago, I was approached by the Republican Party to consider a run for the U.S. Senate in the great state of Connecticut. It was a flattering conversation and one that I thought about, but to me it was never really a serious proposition."