By Lachlan Markay | June 16, 2010 | 5:12 PM EDT
Plenty of prominent media figures were upset with President Obama over his substandard address to the nation last night (full text). While most are distraught, none seem to be doing what should be the essential journalistic task of the day: pointing out all of the factual misstatements the president made.

So, in absence of a serious attempt at fact-checking from the legacy media, let us undertake some of our own.

In all, the president misrepresented the federal government's--and especially his cabinet's--role in creating the conditions that led to the spill, the state of the nation's oil reserves, and his own administration's involvement with BP. Futhermore, his transition from discussing the Gulf spill to advocating "clean energy" legislation was a huge logical leap, and one that necessarily misrepresents the problems the nation faces with regard to energy.
By Ken Shepherd | June 16, 2010 | 11:26 AM EDT

"Obama Chickens Out on Energy," a disgusted Ben Adler argued to Newsweek's The Gaggle blog readers this morning.

Adler's chief complaint with last night's Oval Office address: Obama didn't call for massive tax hikes to push Americans to make more politically correct spending choices.

The Newsweek writer -- formerly a self-styled "propagandist" for the liberal Center for American Progress -- avoided the T-word until his last paragraph, but he made abundantly clear that he felt that a) American stupidity and short-sightedness was threatening to literally drown Manhattan in rising sea levels and b) Obama was not doing enough to make government force people to make better choices with their own money (emphases mine):

By Jeff Poor | June 15, 2010 | 7:39 PM EDT

Minnesota Republican Rep. Michele Bachmann isn't exactly known for her reticence on the news of the day. And when it comes to the White House's handling of the BP oil spill disaster, Bachmann had some harsh words for President Barack Obama.

Speaking at the June 25 Bloggers Briefing at the Heritage Foundation, Bachmann pointed out how she thought it was peculiar that all the comments coming out of the White House were geared toward the president specifically and not to the victims of this crisis.

"The thing that we're all focusing on today will be the president's remarks that he'll be giving tonight and it looks like an absolute opportunism moment for the president to try and advance the next stage of his legislative agenda," Bachmann said. "And I think the curious feature in all of this has been: this is a major disaster and yet it seems like every response that has been coming out of the White House has been about the president rather than about the disaster. That is odd to me. That seems extremely odd."

By Jeff Poor | June 15, 2010 | 9:28 AM EDT

With the federal government - both on Capitol Hill and in the White House - beginning to take investigative and punitive action against BP (NYSE:BP), the future of the company, at least in the United States, is in peril.

On CNBC's June 14 "The Kudlow Report," John Kilduff, a CNBC contributor and the vice president of MF Global was asked by host Larry Kudlow about a potential debarment from eligibility to be awarded government contracts, which have been very lucrative for the embattled oil giant.

"John, this would effectively be debarment," Kudlow said. "This is something we talked about a week ago, and the prevailing attitude was there would not be debarment because that hardly ever happens in American commercial history. Is President Obama having this as a Sword of Damocles over BP?"

By Alex Fitzsimmons | June 14, 2010 | 3:07 PM EDT
Ad hominem attacks supplanted thoughtful discussion yet again on MSNBC’s “Morning Joe.” On Monday, co-host Joe Scarborough chastised Republicans as “genuinely stupid” for criticizing President Barack Obama’s handling of the BP oil spill, adding that the GOP must think the American people are “dumb as hell.”

“The Republicans blaming Obama look genuinely stupid because of eight years of deregulation,” scolded Scarborough, who is developing a penchant for favoring personal attacks over rational debate.

“Is Mitt Romney suggesting he’s more hostile to the oil industry than Barack Obama?” Scarborough sardonically asked an amused Mike Allen, Politico’s chief political correspondent. “Do we want to go back and look at the money? And again, I’m not just knocking Mitt Romney, but when Republicans come out like Sarah Palin and suggest the president is too cozy with the oil industry, this suggests that they think the American people are dumb as hell.”
By Noel Sheppard | June 13, 2010 | 10:29 PM EDT

Nothing ruins my Sunday more than a pundit defending his or her politician by completely misrepresenting a law and nobody on the program in question bothering to challenge the falsehood.

Such happened on the recent installment of ABC's "This Week" when Democrat strategist Donna Brazile said of President Obama's pathetic response to the Gulf Coast oil spill, "The administration has been constrained by the Oil Pollution Act of 1990, which basically gives the responsible party the lead role in trying to not only fix the problem, but contain the problem."

Really?

Well, why don't we look at the Oil Pollution Act of 1990 and see if Brazile was right (video and transcript follow with details about this law and commentary): 

By Noel Sheppard | June 13, 2010 | 2:11 PM EDT

Barack Obama's presidency goes the way of Jimmy Carter's if he doesn't get control of the oil spill in the Gulf of Mexico.

So said New York Times White House correspondent Helene Cooper on the most recent installment of "The Chris Matthews Show."

As the opening segment's discussion concerning the spill moved to a close, the host surprisingly asked his panel if  Obama can continue to "blame the previous administration, the oil patch guys, Bush and Cheney" for the disaster.

Readers will likely find the answers quite surprising (video follows with transcript and commentary): 

By Noel Sheppard | June 13, 2010 | 11:36 AM EDT

Newsweek's Fareed Zakaria on Sunday worked overtime trying to defend Barack Obama's pathetic response to the Gulf Coast oil spill while chastising his colleagues in the media for having the nerve to criticize the president.

In the opening segment of his "Fareed Zakaria GPS" aired on CNN, Zakaria asked, "Have we all gone crazy?" 

He continued, "In dealing with the serious problem involving technical breakdown, engineering malfunctions, environmental fallout, regulatory mishaps, the media has decided to hone in on one central issue above all others: presidential emotion."

 

With a chyron at the bottom of the screen asking, "What does the media want the President to do," Zakaria told viewers, "The truth is that what's happening in the Gulf is a terrible tragedy, but there is very little the federal government can do in the short-term to actually stop the spill" (video follows with partial transcript and commentary):  

By Noel Sheppard | June 12, 2010 | 11:19 AM EDT

Chris Matthews on Friday got himself marvelously smacked down by a Louisiana Congressman.

In an at times heated discussion about energy policy with Reps. Debbie Wasserman Schultz (D-Fla.) and Steve Scalise (R-La.), the "Hardball" host continually bashed the GOP.

"The smartest move for your party is to screw things up for the next couple of years, right through November, get the country completely bollixed up, and they will vote Republican out of desperation, and you will have more power," said Matthews. "Is that the strategy of the Republican Party this year?"

When Scalise refuted this claim, Matthews added, "If the Titanic sank today, you know what the Republicans would be saying? Don`t be telling the shipping lines they need more life rafts or life preservers."

Scalise marvelously responded, "If the Titanic sank today, I`m sure the president would try to blame it on George Bush" (video follows with partial transcript and commentary): 

By Noel Sheppard | June 11, 2010 | 11:46 PM EDT

Bill Maher on Friday compared Americans working for oil companies to the vermin creating and distributing child pornography.

In the "New Rules" segment of his "Real Time" program, the HBO host concluded with a discussion about the "murderous, hateful" oil industry.

"You know, it's Washington gospel that jobs in the private sector are better than government jobs," said Maher.

"But oil jobs are private, and look at the toll this industry takes: cooking the planet; enslaving us to Saudi Arabia; killing animals," he continued.

"Yes, the oil industry creates jobs - so does the kiddie porn industry" (video follows with partial transcript): 

By Jeff Poor | June 11, 2010 | 5:46 PM EDT

Reports are surfacing that BP is finally considering a suspension of its shareholder's dividend, but what could have been done differently to avert the public relations nightmare BP is facing? Two CNBC hosts had some ideas about that, and about what could have happened if BP chose not to play ball.

Jim Cramer and Erin Burnett shared their thoughts on the "Stop Trading" segment of "Street Signs" June 11. According to the "Mad Money" host, Obama could have set a foul precedent for multi-national businesses if BP (NYSE:BP) didn't agree to make some concessions on how it is handling its day-to-day operations in the wake of this ecological crisis. 

"I think that this is a, a stock that represents great value but you're dealing with the government," Cramer said. "I saw that Nancy Pelosi, she's the second most powerful person in our country, saying that they shouldn't be paying a dividend. I mean, this is one of those situations where I know, the president's approval ratings are down and what you got to do is you got to go after BP if you're the president. I'm not saying I would do it but I'm saying if I were the president of the United States, BP is public enemy number one and you're not even going to listen to what the British say. You just gotta say, ‘Guys, here's the deal, we're not, we're not going to have any dividends here. And just you know, take it or leave it, partner, because this is a company that needs U.S. ball play."

By Sarah Knoploh | June 11, 2010 | 3:20 PM EDT
The June 21 Time cover article told the sad stories of those affected by the BP oil spill and explored mistakes, mishaps and unfortunate events that have combined to compound the disaster. But in “The Gulf Disaster: Who’s Asses Need Kicking?” author Bryan Walsh went ultimately to spoiled American consumers both for refusing to grant government unlimited power over business, and for demanding mobility facilitated by inexpensive fuel.

“We accept the business argument that regulation is an evil that isn’t necessary, rather than a necessary evil, and then we’re surprised when a rig blows and disaster ensues,” Walsh tutted.

He called the current regulations “toothless” and explained that a current problem is, “the tendency of too many government overseers to get too friendly with the industry they’re supposed to be monitoring.”