This Is Why I Hate On The Media (Beige Remix)

 
Just adding to the dogpile currently hosted on SEI (let us not forget, the d-bags deserve it):

Toward the tail end of Salon's commentary on O's press conference on Tuesday, Mike Madden notes "(b)arely two months into his term, Obama's honeymoon looks like it's already over."

There was a honeymoon?

Granted, even SEI hasn't resisted the allure of criticising the moves coming out of the Oval Office, but a) we'd do that for any president, regardless of whether we'd support him or not (and we do - I like to think), and b) we're on the blogosphere...On the left end of the blogosphere at that, no one's paying attention to us.

Compare that to the coverage O has received from the mainstream media and the right wing noise machine ("socialist agenda"; the re-rising of Limbaugh the Hut & The Dittoheads, "I want the president to fail"; the Cheney double-standard). And we haven't even seen the results of O's actions yet! This really does bring to stark relief just how different the media behaves when there's a Democrat in the White House.

W got a 6.5 year honeymoon, O didn't make it 64 days.
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Tangentially, is it just me, or are the lefty-leaning daily newspapers of the world the ones that are dying off first?

It's certainly true of the Rocky Mountain News (lefty for generally red Colorado), and the Seattle Post-Intelligencer (which was as lefty as a Hearst publication could get; RIP both institutions).

What about in your hometown?

This Is Why I hate on the Media (Swine Version)

 
I've had it up to my thinning, graying crown with the American press corps; and with people in general. I am fully convinced we are the most despicable animals in universal history, and I ain't just sayin' this 'cause I'm the resident curmudgeon here.

This morning is abuzz with the nay-sayers and critics of Obama's press conference last night. The consensus among the swine periodistas is that the Prez appeared too non-plussed, too rational, too "...distant and intellectual" (according to Republican strategist Matthew Dowd, who in the past has extolled Obama's virtues). If we are to believe this excrement---and a lot of us do---then our leader is apparently a disconnected elitist smoking Gauloises cigarettes out on the West Wing porch, without any interest in or concern with the gargantuan economic outhouse in which we, and the rest of the world, find ourselves.

Ladies and gents, this is the type of horseshite that has, over the last thirty years, accumulated and finally tipped me over the edge of reasonable sanity. Never in my life have I seen such anti-education, anti-intellectual backlash as has been practiced in this country. "I" is the new scarlet letter, you hear that Nathaniel? I am baffled by the continuously low standards we are pushing onto ourselves and our children, and remain fully incredulous at what a negative connotation the word "education" continues to have in our vernacular. It's easy to recognize the psychology in this: set the bar low enough and no one stands to disappoint. Everyone wins, right? A nation of mediocrity forging through time and history like a blind donkey. But with guns. Big guns, at that.

I wonder: what exactly would have made the media happy last night? To stand before an irrational, sabre-rattling, fist-shaking rabid dog spewing revolutionary bile and incoherent solutions? If so, may I suggest they migrate their critiquing arses down to Venezuela and take a look at what's happening down there.

At one point during the conference, newly-minted Press Corps Douchebaggius Extraordinaireus Chuck Todd stood and delivered this doozy.

It was nothing less than astounding, considering what we now know about lack of responsibility and accountability from banks and the likes of AIG. But then again, it shouldn't be too outrageous or revolting. News outlets are, after all, owned by corporations. Or insufferable despots like Rupert Murdoch. Oh wait...that's redundant.

This is why I hate on the media...

It’s a nothing story, but it shows how the media bends over backwards to twist things into whatever shape they want to, or care to.

The Hill has a story on its website today: McCain creams Obama — in NCAA picks.

McCain’s bracket has 14 teams picked correctly headed into the Sweet Sixteen, placing him in the 94th percentile after the first weekend of play.

Okay. Fine. Congratulations to the Senior (and I mean, Senior) Senator from Arizona.

One problem. There's this little piece in the Politico, an article called Obama's bracket looking up, which says:

The president's NCAA tournament bracket looked a lot better Sunday when he correctly picked 14 of the 16 teams to reach the regional semifinals.

So…ummm…you want to run this by me again?!?

Oh, and welcome back there, (S)wine.

Originally posted on Fort McHenry.

Por Ahora (Part Deux)

 
Good morning. Remember me? I've been locked away for a while but way-ell...I've been keeping my eye on you. Yes you, Señor El Presidente Douchebag Chávez. Some of us here in the "North American Empire" are actually endowed with the education and ability to not only read, but analyse and form opinions and...as far as I can tell, are still allowed to criticise governments.

For our dear readers who haven't yet scoured the news wires this morning, El Presidente launched an uncalled-for, disrespectful salvo at the U.S. yesterday on his usual, interminable Sunday babblefest of a show, calling President Obama "ignorant," and saying he has a lot to learn about Latin America.

“At least one could say, ‘poor ignorant person,’” Chávez said, adding that Obama “should read a little bit so that he learns about the reality.”

Chávez continued his usual diatribe: “If Obama respects us, we’ll respect him. If Obama tries to keep disrespecting Venezuela, we will confront the North American empire.”

May I remind our loyal readers what I wrote in my original piece (December, '08) on this Castro-wanna-be clown:

...despite the muscle flexing, tough talk, and anti-American rhetoric, Chávez knows full well he's engaged in an interdependent political game with the United States to buy his country's oil. What most people don't realize is that Venezuela has no other market for the greater part of its oil: heavy crude.

Heavy crude is special stuff and is not for the average refinery. The majority of Venezuela's oil can only be processed in the specialist refineries run by Hovensa (a joint venture between US refiners Hess Corp and PdVSA) located in the US Virgin islands, among other places. Meanwhile, the U.S. readily accepts the Venezuelan heavy crude because without it the heavy crude refineries would close. There is no other supplier of this special crude available, so the U.S. would lose around 11% of its total domestic oil products supply in one fell swoop.

The result is of the 2.15 million barrels per day (mbpd) Venezuela pumps presently, 1.35mbpd has to go to the U.S. Simply put, without Venezuela, U.S. refineries will close and the country will have an oil supply crisis. Meanwhile without the United States, Venezuela will have no market for the lion's share of its crude, and thus Señor Presidente would be voted out.

Forget dependence on foreign oil; when will the American people and politicians realise that a total and complete divorce from reliance upon oil via innovation and the harnessing of alternative sources will not only spearhead the effort of a global movement to save this rapidly-declining planet, but will in effect get these irrelevant bozo Commie barbudos off our backs once and for all? These insufferable parasites hang around rattling their sabres like flies for a reason: we continue to produce and provide the manure which attracts them.
(source for Chávez quotes: The New York Times)

"The buck stops with me"... (VIDEO)

 The President on the White House lawn as he prepares to go to California...

The best part about his statement today was the fact that the President gave a wonderfully easy-to-understand explanation of why saving AIG is as important as it is. (About 11:32 into the video).

If you ever hear a Conservative say that we should just let AIG fail, remember this quote.

Last year when the Federal Reserve decided to step in, again, that wasn’t a decision that we made but I actually think it was the right decision. AIG had insured a whole bunch of losses for a whole bunch of banks that had made bad bets on subprime loans and mortgages that had been packaged and bundled up and made into securities. These were massive insurance policies. Unfortunately, because of a lack of regulation, they were able to issue far more insurance policies than they could pay out on these various instruments that these banks had issued.

And had AIG been allowed to simply liquidate and go bankrupt, all those banks who were counterparties with AIG would have experienced such big losses that it would have threatened the entire financial system.

The complete transcript is courtesy of CQ:

Originally posted at Fort McHenry.

Ben Shalom Bernanke (VIDEO)

 The President sooo told him to do this.

A year in the making? Humanizing the Fed Chair? He's from Dillon, freakin' South Carolina?? His family business was once located on Main Street in Dillon? How, if you're our President, do you not promote that??

By the way, that's not a joke, or a dig. That's the man's name, Benjamin Shalom Bernanke.

Couple this with Geithner's recent (and I think successful) appearance on Charlie Rose, and this appears to be a coordinated effort by the Federal Government to tell America, "Hey, we hear you. You're pissed. We get it. We got this."

Here's Part 1:



And Part 2:



Originally posted on Fort McHenry.

"Your Bank has failed"... (VIDEO)

 ...now what do you do?

It's time to highlight the importance of regulation; the effort to keep markets healthy and the financial system working. This was an effort largely abandoned by the previous Administration, due to a slavish devotion to an ideology based on unrestricted markets, and laissez faire capitalism.

We see where this has gotten us.

In the coming months, there is a possibility that your bank, whereever you may live, no matter how big or strong you think it may be, may fail. What do you do then?

If it's FDIC Insured...you do nothing. You don't have to. If you have under $250,000 in deposits, your money is safe.

Here's last night's 60 Minutes piece to show you why.


Watch CBS Videos Online

Originally posted at Fort McHenry.