Finally, someone in the media accurately accused and challenged a member of Congress over his involvement and complicity in the current financial crisis.
As press member after press member has allowed Democrats to shamefully and erroneously blame the current crisis on George W. Bush, virtually nobody other than folks at Fox News has been willing to examine the role elected officials on the left side of the aisle have been playing for more than a decade in blocking tighter regulation on Fannie Mae and Freddie Mac.
That changed Thursday when Fox's Bill O'Reilly absolutely tore Rep. Barney Frank (D-Mass.) apart concerning his involvement in the current fiasco (video embedded right):
So much for a "stunt."
John McCain got involved in the bailout negotiations after Treasury Secretary Henry Paulson told Sen. Lindsey Graham yesterday that the bailout plan would fail unless McCain came in and brought balky Republicans aboard. That's what Bob Schieffer reported on this morning's Early Show. Schieffer's account stands in stark contrast with the allegation by Dems like Barney Frank and their MSM cohorts that McCain's moves of yesterday were nothing more than a political "stunt."
Here was Schieffer speaking with the Early Show's Maggie Rodriguez at 7:05 AM EDT today:
BOB SCHIEFFER: I am told, Maggie, that the way McCain got involved in this in the first place, the Treasury Secretary was briefing Republicans in the House yesterday, the Republican conference, asked how many were ready to support the bailout plan. Only four of them held up their hands. Paulson then called, according to my sources, Senator Lindsey Graham, who is very close to John McCain, and told him: you've got to get the people in the McCain campaign, you've got to convince John McCain to give these Republicans some political cover. If you don't do that, this whole bailout plan is going to fail. So that's how, McCain, apparently, became involved.
Continued Schieffer . . .
The political correctness of the New York Times oozed between the lines of a front-page article Tuesday on Rep. Barney Frank (D-Mass.), a "master of the one-liner, a self-described ‘left-handed gay Jew.’" The headline was "A Liberal Wit Builds Bridges To the G.O.P.," and reporter David M. Herszenhorn celebrated the "trademark wit" that compared conservatives’ lack of enthusiasm for government intervention to his lack of enthusiasm for the Miss America pageant.
CNN correspondent Carol Costello, in a report on Monday’s "The Situation Room," tried to put the Eliot Spitzer scandal into a better light by focusing entirely on past Republican scandals, and only mentioned two examples of Democrats caught in scandal -- Bill Clinton and Massachusetts Congressman Barney Frank -- in passing.
Other than Idaho Senator Larry Craig, Costello brought up Republicans who had been accused of misbehavior by pornographer Larry Flynt. She only mentioned Spitzer at the very beginning of her report, and then immediately went to her first example, Louisiana Senator David Vitter. "Maybe Larry Flynt would say of Eliot Spitzer, there will soon be one less known hypocrite in government. That's how he described Louisiana Senator David Vitter. Flynt accused him of having been a client of the alleged D.C. madam, Deborah Palfrey, after the senator's number was discovered in her phone records."
Costello then turned back the clock ten years, and instead of focusing on Bill Clinton and the Monica Lewinsky affair, she brought up the Republicans that had been caught by Flynt.
Just last fall, as the networks exploded with coverage of Mark Foley's creepy instant messaging, we noted the networks (like ABC) had a very different way of covering Republican sex scandals -- especially the gay-themed ones -- than they did for Democrats. The best example is Barney Frank.
On tonight's Hardball, Mike Barnicle, substitute-hosting for Chris Matthews, used the tragedy of the bridge collapse in Minneapolis to call for bigger government and wondered, "Does this help the Democrats?" All throughout tonight's show, Barnicle repeatedly pressed his guests to call for an increase in the size of government and at one point even demanded: "Government's gotta get bigger!"