Bailouts

In an appearance on CBS This Morning on Tuesday, the network's political director John Dickerson stopped by to briefly discuss the impact Hurricane Sandy could have on the upcoming election. The segment was primarily focused on how the candidates will try to sensitively make up for lost time on the campaign trail, but there was an underlying question. Who stands to gain the advantage as a…

Toledo Blade reporter Tyrel Linkhorn got sucked in by Fiat CEO Sergio Marchionne's misleading email to Chrysler employees today. The Politico's Alexander Burns relayed Linkhorn's gullibility to the rest of the nation -- or at least the few people scattered throughout the nation who might bother to read it. Marchionne, as quoted by Linkhorn told employees that "Jeep assembly lines will remain…

Yesterday, Bloomberg News reported that Fiat "is considering building Chrysler models in Italy, including Jeeps, for export to North America." Today, that news became real when company CEO Sergio Marchnionne announced, in Bloomberg's words (in paragraph 6, subtitled "Italy's Jeep"), that it will "build a small Jeep in Italy for export beginning in 2014 ... a new model for Europe and the U.S.…

Meet the Press viewers got to see a classic Left-Right debate Sunday. In a discussion about which presidential candidate is the most trustworthy, New York Times columnist David Brooks surprisingly teamed up with former Hewlett Packard CEO Carly Fiorina to school the Washington Post's E.J. Dionne and MSNBC's Rachel Maddow (video follows with NBCNews.com transcript and commentary):

The auto bailout was a gift from the heavens … or so the media would have us think. They reported Obama’s foray into car manufacturing as having virtually no downside. And for the UAW, perhaps it didn’t. But for the hundreds of local car dealerships arbitrarily closed in the deal, the story was far different. Someone has told the dealerships’ side of the story and, all too predictably,…

Stop the presses! Stop the presses! One of Barack Obama's biggest fans in the media, David Letterman, said on Tuesday's Late Show that he was "upset" and "discouraged" the president during Monday's debate lied about Mitt Romney wanting to let Detroit go bankrupt (video follows with transcript and commentary):

In their third Presidential debate analysis, the Jurassic Press Media last night and thus far this morning have failed utterly in their role as fact checker and record-corrector - at least when it comes to what President Barack Obama had to say.  As but one glaring example, there were the President’s absurd assertions regarding the auto bailout and China.

Let's get the easy part out of the way first. The New York Times and the Associated Press are only covering the outrages emerging in Solyndra's bankruptcy in the vaguest of terms. The only related Times item I could find was a sentence at the end of an October 11 Green blog post indicating that "the I.R.S. and the Energy Department argue in court papers" against the company's bankruptcy plan.…

Ex-Barack Obama Administration $82 Billion Auto Bailout Czar Steve Rattner has a bit of a problem telling the truth. What Rattner does not have is a problem with the Jurassic Press Media calling him on his serial flights of factual fancy.

From the "I thought Social Security was supposed to have solved this decades ago" Dept.: The State of California has just passed a law mandating opt-out pension plan contributions of 3% of earnings for six million workers in the private sector, or roughly half of its private sector workforce. The targeted population is the cadre of those working at employers of five or more who do not offer a…

The Jurassic Press have long had a field day puffing up bailed out General Motors (GM) and their electric automotive windmill - the Chevrolet Volt. When it came to August Volt sales numbers, the Media were Justin Bieber-excited.

The more I watch MSNBC's Martin Bashir, the more I believe he has difficulty finding the floor in the morning when he wakes up. Consider Thursday's program when he actually told his tiny audience that the rich seeing bigger income gains than the rest of country the past 30 years is "redistribution" (video follows with transcript and commentary):

"Compared to George W. Bush and Ronald Reagan, Obama has been more fiscally conservative than any other president in recent history, with the exception of President Bill Clinton." Despite over $5 trillion in new debt created by the 44th president, so hysterically wrote Barbra Streisand at the Huffington Post Tuesday.

Volyndra? That might be the best description of General Motors' Chevy Volt according a scathing review of that car. And the source of the review? None other than the editorial board of the liberal Washington Post so Obama administration supporters can scarcely write off the criticisms as "right-wing propaganda." Before you even get to the text of the story you can see the WaPo editorial board…