To paraphrase the estimable Yogi Berra - it’s like deja vu all over, and over, and over, and over again.
The Jurassic Press media is enraptured with a certain story.
Bailouts
By Noel Sheppard | December 2, 2012 | 1:27 PM EST
House Speaker John Boehner (R-Oh.) had some harsh words Sunday for Barack Obama's proposal to avert the looming fiscal cliff.
Appearing on Fox News Sunday, Boehner said, "The president's idea of a negotiation is roll over and do what I ask."
By Ryan Robertson | November 28, 2012 | 5:12 PM EST
In an interview with CBS News anchor Scott Pelley last week, Goldman Sachs chairman and CEO Lloyd Blankfein immediately brought up a highly sensitive subject that liberals in the media and highest levels of government refuse to acknowledge: entitlement spending on Social Security, Medicare, and Medicaid are unsustainable at their current rate and need significant reform to ensure those programs exist in the future.
In response to the clip, MSNBC host Ed Schultz and Teamsters President James Hoffa were beside themselves on Tuesday night's Ed Show -- offended that Blankfein would voice such a "misinformed" view on national television. The only son of the notorious Jimmy Hoffa was ardently opposed to the idea that there is anything currently wrong with the system as is, to suggest otherwise is just "outrageous" he thundered. [ relevant video & transcript below ]
By Noel Sheppard | November 19, 2012 | 4:04 PM EST
Schlockumentary filmmaker Michael Moore had some straight talk for Barack Obama Monday.
In a letter to the President published at the perilously liberal Huffington Post, Moore advised Obama to "DRIVE THE RICH RIGHT OFF THEIR FISCAL CLIFF" while putting an end to "the s***ting on the poor."
By Tom Blumer | November 18, 2012 | 11:58 PM EST
In a Friday report at the Associated Press on Friday with a celebratory headline ("2 YEARS AFTER IPO, GM IS PILING UP CASH"), Auto Writer Tom Krisher described bailed-out General Motors as "thriving," but didn't identify one of the important reasons for that characterization.
In paragraphs about the company's profitability and cash stockpile, Krisher failed to note that the company still hasn't paid any U.S. income taxes since emerging from bankruptcy, or why that's the case (bolds are mine throughout this post):
By Noel Sheppard | November 3, 2012 | 10:29 AM EDT
The ignorance and blind sycophancy of Bill Maher knows no bounds.
On HBO's Real Time Friday, the man who proudly gave a million dollars to Barack Obama's Super PAC said on national television, "Who cares what somebody in his administration wrote down on a piece of paper and predicted?" (video follows with transcript and commentary):
By Noel Sheppard | November 1, 2012 | 10:59 PM EDT
On Thursday, I wrote a piece exposing several factual errors in Andrew Sullivan's recent love letter to President Obama.
Sullivan responded hours later:
Bloomberg's Trudell Casts Currently Held Jobs as New Ones in Report on Marchionne's Memo to Chrysler Employees
By Tom Blumer | October 31, 2012 | 10:34 AM EDT CEO Sergio Marchionne of Fiat, the parent company of the U.S. government bailed-out Chrysler, got two unexpected and undeserved breaks from Craig Trudell at Bloomberg yesterday.
The first was the story's presidential election-driven focus in its headline ("Chrysler CEO Reiterates Jeep Production Staying in U.S.") and first five paragraphs on Fiat's plans to manufacture vehicles in China for the Chinese market and Marchionne's insistence that this move won't reduce U.S. employment at Chrysler. Trudell waited until the sixth paragraph of his report to convey the real news, noted by yours truly yesterday (at NewsBusters; at BizzyBlog), which is that the company plans to make a new model of Jeep, Chrysler's signature nameplate, in Italy for export to Europe and the U.S. The second undeserved break the Bloomberg reporter gave Marchionne credited him with five times more future employment growth than he deserves (if it really occurs), and is in the paragraph which follows the jump (bolds are mine throughout this post)::
Giving Obama the Edge After Hurricane, John Dickerson of CBS News Reflects on How Great Big Government Is
By Ryan Robertson | October 31, 2012 | 10:29 AM EDT 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 result?
China- and Romney-Obsessed Toledo Blade, Politico Fail to Report Fiat's Plans to Import New Jeep Model to Be Made in Italy
By Tom Blumer | October 30, 2012 | 10:23 PM EDT 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 in operation in the United States and will constitute the backbone of the brand. It is inaccurate to suggest anything different." While that may be true, it doesn't change the fact that the company announced plans to build a new Jeep model in Italy which will be exported to Europe and North America. As Bloomberg reported early this afternoon:
By Tom Blumer | October 30, 2012 | 3:47 PM EDT
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. that isn’t currently in production."
Of course, today's Bloomberg report led with Marchionne's clever denial about the company's plans for manufacturing in China: "Jeep production will not be moved from the United States to China." No, he has instead set the stage for newer Jeep models exported to the U.S. to gradually supplant older models made in the U.S. over several years. This should be an embarrassment to those who engineered the Obama administration's bailout of Chrysler in 2009, ripping off secured creditors in the bankruptcy process and thereby giving Fiat a larger initial share of the company than it deserved. But don't worry, Colleen Barry at the Associated Press is there with vague language to ensure that this news doesn't become general knowledge (bold is mine):
By Noel Sheppard | October 28, 2012 | 4:40 PM EDT
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):