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November 2008 Archives

November 7, 2008

Spin Me Rides 'Round Mr O

Bill O’Reilly’s “No Spin Zone” was full of spin in his "Talking Points" opening Thursday night. He desperately tried to make the case that covering gossip from unnamed “insider campaign” sources was actually news.

He even went so far to claim that not covering the childish snipes from losing, out of work campaigners would be “suppressing” news.

It seems the populist Bill O’Reilly is vying for head clown in the circus act that calls themselves main stream media. He has the audacity to claim that suppressing gossip (I mean news) just because people don’t want to hear bad things about someone they like, would make his show entertainment instead of news. His show is entertainment. He has weekly trivia contests and is repeatedly over emotional. Any woman conducting a show the way he carries his would be skewered, and rightfully so.

We hear the same things from this guy over and over. Anyone unwilling to come onto his show is either foolish because of his high ratings, or scared of him. This from the same man who in the spring of 2002 made the claim that “God helps those who help themselves” is an actual passage from the Bible. That was the day I stopped trusting Mr. O.

I hate to break it to you Bill, but you are just like the rest of us out here in the real world. Sometimes you get it right and you do your job well, but sometimes you get it wrong and mess up royally. There is no defense on airing and your style of coverage on Carl Cameron’s inside gossip. The real news here was that the Palin children have shown more grace, dignity, and maturity than McCain staffers.

Protecting a source is good journalism, but gossip is gossip. Carl’s “news” was pure gossip.
I have yet to figure out why liberals believe Bill O’Reilly is somehow a conservative voice. I can only guess they get this idea from the mere fact that Mr O has a talk radio show. Bill is a populist, he is not a conservative, nor is he the “independent” he claims to be. He looks around to see who the latest boogieman is and he rides in to attack them and graciously hails himself a hero; “looking out for you.”

Mr O’s credibility is fading fast. He can cling to the idea that his coverage of Palin gossip from faceless and nameless losers is news, and not sharing this with the good people of America would make him entertainment. He can blame his listeners for being biased because they just like Sarah and don’t want to hear anything bad about her. I might even be persuaded to buy his spin if it weren’t for one little fact. Mr O was also the guy who had actual audio of Jesse Jackson saying quite precious things about Senator Obama, but didn’t quite jump on that “news.” Remember that one? No nameless and faceless sources on that story. He had actual footage of the source and he admits full well that they held back more dirt. Why? It wasn’t “relevant.”

November 10, 2008

The Fed Spends Your Money to Help Wall Street, Then Says Nunya

The Federal Reserve has loaned almost $2 trillion of taxpayer's money. In the past 15 months eight programs have been created to funnel the American worker's money into troubled financial markets.

Where is the money going? The Fed says nunya, as in nunya business.

According to Bloomberg.com, "Bloomberg News has requested details of the Fed lending under the U.S. Freedom of Information Act and filed a federal lawsuit Nov. 7 seeking to force disclosure." The Federal Reserve board members are not elected by the people, in fact they have no accountability what-so-ever to the American taxpayer. The Federal Reserve is merely a group of private banks. According to Louie Hunter, a lobbyist for Americans for Tax Reform out of Washington, DC, "The Fed is a non-elected body, and do not believe for a second that because the president appoints the head of the Fed that the President has any control over it. Currently and for the last 95 years, our monetary system has been run by the Federal Reserve." (follow link to learn much more about the Federal Reserve)

Barney Frank, House Financial Services Committee Chairman, supports the Fed's lack of transparency. The Congressman claims that disclosure would "give people clues to what your pricing is and what they might be able to sell us and what your estimates are.'' In September of 2003, Frank also stated, ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' This statement has proven to be false.

Despite the fact that AIG is under investigation by US regulators, the Fed has lent them $81 billion and Bloomberg is reporting that AIG claims "it received an expanded government rescue package valued at more than $150 billion." Insurance and Safety Fire Commissioner of the state of Georgia, John Oxendine, revealed in September that all of AIG's insurance accounts at state levels were fine. The problems start when bank holding companies are allowed to own other financial companies. This was prohibited by the Glass-Steagall Act of 1933, but repealed in November of 1999, by a vote of 54 Republican Senators and 1 Democrat in favor and 44 (all Democrats) voting against.

About November 2008

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