Bailouts

In a report filed at the Los Angeles Times's Politics Now blog earlier today, Washington Bureau reporter James Oliphant relayed a number of whoppers delivered by Vice President Joe Biden without anything resembling a challenge. Breaking Biden's bilge into three sections, they involve his claim about the historical origins of the Tea Party, which Biden characterized as a collection of "…

A number of Democratic members of Congress came out Wednesday throwing their support behind the protest known as Occupy Wall Street. Fox News's Neil Cavuto interviewed one of them on Your World marvelously asking Rep. Dennis Kucinich (D-Oh.), "So why didn’t you celebrate when Tea Partiers were running around the country and protesting all the spending and protesting the budget and the debt…

As young, foolish, unemployed Americans Occupy Wall Street, liberals in the media have predictably cheered the protests. Some, like schlockumentarian Michael Moore, participated in the goings on, telling the crowd last week that the folks inside the buildings surrounding them were solely responsible for the nation’s economic woes (video follows with transcript and extensive commentary):

What a curiously incurious Morning Joe bunch!  Joe Scarborough says Solyndra "is just not a story I have focused on" and John Heilemann similarly admits to not having "drilled down" on the matter.  Meanwhile, Harold Ford, Jr. assures us that when it comes to any potential Solyndra scandal, "there's no there, there" and that no one "has done anything illicit here at all." A blasé Joe…

Sometimes, media bias is all about the headline . . . The New York Times has a decent piece this morning detailing the background that led to the approval by the Obama admin of more than a half-billion in loan guarantees to the soon-to-go-kaput Solyndra solar firm.   The article paints a picture of an Obama admin that was eager to get the money out the door and was heavily lobbied by Solyndra…

Let's note the likely reason why what Julia Seymour observed earlier today is the case -- namely, that network news reports have taken to calling the Solyndra situation an "embarrassment." The use of that term probably dates back to September 16, which is as far as I can tell the first time the Associated Press filed a beyond-perfunctory report about now-bankrupt Solyndra, the beneficiary of…

Fareed Zakaria's desire to give power to all countries except the one he currently resides - the United States! - is nothing less than appalling. On the CNN program bearing his name Sunday, Zakaria actually said, "It might be necessary to make clear that Christine Lagarde would be the last non-Chinese head of the [International Monetary Fund]" (video follows with transcript and commentary):

Part 1 on the Associated Press's September 16 evening story ("Obama admin reworked Solyndra loan to favor donor"; saved here at my web host for future reference, fair use and discussion purposes) by Matthew Daly and Jack Gillum criticized the reporters and the wire service for making it appear as if all the findings in the story were the result of original work. Two other paragraphs in the…

The public learned on September 3 from William McQuillen at Bloomberg (possibly earlier elsewhere) that now-bankrupt Soyndra's private investors restructured the company's finances in January by lending the company "$75 million." As a condition of doing so, they convinced the government to give the new loan senior status over all other creditors. Now taxpayers face a likely loss of hundreds of…

A day after the New York Times published an editorial praising President Obama for his "ambitious," "robust," and "far-reaching" jobs address the previous evening, the Gray Lady printed a front page story with the shocking headline, "Employers Say Jobs Plan Won’t Lead to Hiring Spur." The first few paragraphs were just as surprising:

It's hard to figure out why Tom Krisher at the Associated Press bothered filing a report on the status of contract talks between Detroit's Big 3 automakers and the United Auto Workers. The only reason I can discern is that he wanted to brag about how he and his wire service pals have access to anonymously-sourced info about how the talks are going. Surprise: As has been the case almost always…

While the United States Postal Service has been facing financial concerns for some time, it has never been as close to the brink of bankruptcy as it is today, with a $5.5 billion payment due in September and a lack of resources to make the payment. Unless Congress intervenes, USPS could have to shut down operations this winter. As the postmaster general, Patrick R. Donahoe, remarked, "If…

Exactly what country does New York Times columnist Paul Krugman actually reside in? Before you answer, consider the following sentence from his article Monday:

Check out Labor Secretary Hilda Solis [she of the solicitude for the rights of illegal immigrants at the expense of American workers] on the CBS Early Show this morning.  She ticks off a list of industries in which the government will make "investments" because "we know" they will be growing in future years.  Kinda like the Obama admin "knew" solar energy was the wave of the future when it "…