When gas prices get high, politicians love to blame the financial speculators for driving the price up. On Saturday morning, CNN's Josh Levs reported that "we have analysts telling us to get ready for national average around $4.25. That's spring. Summer, that's when it could go higher, $5 could happen in some cities."
What might high gas prices mean for the 2012 campaign? Or how might the fears of high gas prices drive government policy? Will Team Obama really go easy on upsetting Iran to avoid scaring up oil prices?
Velshi brought on correspondent Josh Levs to discuss the current administration's latest push concerning the "stimulus," focusing on the percentage of the $862 billion spent on "green" energy: "Vice President Biden [is] talking about what's been done for energy, and they released this report, saying $100 billion out of the $862 billion stimulus is going to innovation- things like electric cars, things like solar power."
After Levs cited some of Biden's figures, the CNN anchor reacted with his "15 years" prediction and added, "I mean, nobody can come up with a more obvious driver. It's not going to be the credit system. It's not going to be banks. It's not going to be other things. It may be this." He concluded with his endorsement of the Obama administration "commitment to alternative energy."
If President Obama or any Democrat had actually won the dubious honor of committing PolitiFact's "Lie of the Year," do you think CNN would have reported it?
Fat chance, right?
Before you answer, consider the glee exhibited by CNN's Josh Levs Sunday when he announced Sarah Palin had "won" for her Facebook comment concerning a "death panel" in healthcare reform legislation (video embedded below the fold with transcript, h/t Story Balloon):
CNN’s so-called Truth Squad, in two reports on Sunday and Monday by two different correspondents, labeled Republican vice-presidential candidate Sarah Palin "false" for stating that Barack Obama "sees America as imperfect enough to pal around with terrorists who targeted their own country." The Squad, in their "fact-checking" of the Alaska governor, who was making a reference to left-wing terrorist William Ayers, obfuscated Obama’s past connections to the former leader of the Weather Underground. The Squad’s reports, which aired on CNN’s Sunday Morning program and on Monday’s American Morning, also left out key details about the Democratic presidential candidate’s past with Ayers.
The network first made an attempt at "fact-checking" Palin’s statement, which she made at a campaign rally in Carson, California, near the beginning of the 7 am hour of their Sunday Morning program. Anchor T.J. Holmes, after a report by Don Lemon on the Alaska governor’s claim, gave a brief look at the Obama/Ayers connection. "Well, nobody's exactly sure how well Bill Ayers and Barack Obama know each other. The New York Times, CNN, other news organizations have looked into this, found that they apparently did not have a very close relationship, it appears." Well, that’s about as clear as Mississippi River mud, and one might guess that Holmes was asking his audience to take the word of two liberal media outlets.
If the preview shown on "CNN Sunday Morning" is any guide, Wednesday's CNN/YouTube Republican debate will likely be dominated by questions posed from the left, just as the CNN/YouTube Democratic debate also featured questions posed from the left.