Go Home

Wall Stree

34 documents found in 0.001 seconds.

Fox News Admits It's In Bed With Karl Rove

Fox News Admits It's In Bed With Karl Rove

via Newshounds: Did you know that Fox News is a "private channel"? That's what Fox's London bureau chief, Scott Norvell said in an op-ed published in the Wall Street Journal Europe on May 20, 2005. He also wrote this: "Even we at Fox News manage to get some lefties on the air occasionally, and often let them finish their sentences before we club them to death and feed the scraps to Karl Rove and Bill O'Reilly."

More from Slate: Fox News Admits Bias!

All right all you right wingers, mobilize. Its time to set the record straight. I'll help you this time. Let's get that Scott Norvell on the line and get a retraction. We can say that he was taken out of context. That always works. Email me with a strategy. Blogswarm maybe?



Journal-ism

JOURNAL-ISM

via Kevin Drum

I see that the Wall Street Journal is busily cementing its reputation as the most dishonest editorial page in the country. Today they crow yet again about the vast tax burden of the upper classes:... read on

So in 1979 the super-rich earned 3% of the money and paid 5% of the taxes. In 1999 the super-rich earned 10% of the money and paid 11% of the taxes. The Journal clearly has a different definition of "grew more progressive" than the rest of us.

In fact, these numbers might start you wondering. If the income share of the super-rich tripled but their tax share only doubled, doesn't that mean that their tax rates must have gone down? Indeed it does.

So shed no tears for the super rich in America. Their incomes have tripled in the past couple of decades and at the same time their tax rates have decreased by 9 percentage points. That's a pretty sweet deal in anybody's book.



How low can you go?

How low can you go!

Companies Sue Union Retirees
To Cut Promised Health Benefits

Firms Claim Right to Change
Coverage, Attempt to Pick
Sympathetic Jurisdictions

By ELLEN E. SCHULTZ
Staff Reporter of THE WALL STREET JOURNAL
November 10, 2004; Page A1

When a deputy sheriff came to his door with a court summons, George Kneifel, a retiree in Union Mills, Ind., was mystified. His former employer was suing him.

The employer, beverage-can maker Rexam Inc., had agreed in labor contracts to provide retirees with health-care coverage. But now the company was asking a federal judge to rule that it could reduce or eliminate the benefit.

Many companies have already cut back company-paid health-care coverage for retirees from their salaried staffs. But until recently, employers generally were barred from touching unionized retirees' benefits because they are spelled out in labor contracts. Now, some are taking aggressive steps to pare those benefits as well, including going to court...read on

A definition of a crook: One who makes a living by dishonest methods.

This story is as sickening as it gets!



How well did that work out the first time?

Paul Krugman:

Here's what McCain has to say about the wonders of market-based health reform:

Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.

So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago - and promising that if we marketize health care, it will perform as well as the financial industry!

Mr Deregulator would destroy what's left of our health care system. For those who have it at this point and can barely afford it, that is.



Mike's Blog Round Up

Politico: McLame casting Obama as a 'celebrity' is particularly audacious coming from a guy, who, since 2000, has gotten more screen time than the rest of congress combined.

Consortiumblog: Tax-Factless Wall Street Journal-omics

unbossed: Spurning congressional oversight -The Dept. of Labor and double-secret stealth killer regulation

The Impolitic: Why doesn't polling mirror event turnout numbers?

Sic Semper Tyrannis: The DNI's power keeps growing

The Opinion Mill's Sunday Bookchat: Jane Mayer sheds devastating light on The Dark Side and how the war on terror has soiled America's good name and planted seeds of further extremism. Plus: Chastity is even duller than you think! Ray Bradbury loves libraries! And here's your chance to meet the sleazebag who helped lie us into a war!



Fannie and Freddie get the Government bail out

Helping people is not the role of government according to conservatives, but when Wall Street screams, they listen. Fannie and Freddie are getting some help from Uncle Sam.

U.S. Treasury Secretary Hank Paulson said yesterday that the U.S. authorities will provide additional liquidity to the troubled mortgage groups and pledged to buy stakes in the pair should market conditions worsen...

I'm not against help from the government, but it's so hypocritical to then attack Americans who believe government can help them too. Do you hear that all ye little Saturday FOX Stock show freaks? That means you----Jonathan Hoenig.

Jonathan Honeig thinks it’s a right to smash a dog’s head against a wall

video_wmv Download | Play video_mov Download | Play

WSJ: Fannie and Freddie: Another Bailout That Leaves Shareholders Starving



Running out of Gas

I took this yesterday. Maybe it's higher today....I knew it was all ANWR's fault... On the Saturday Stock shows tomorrow---I'm sure the wall street welfare crew will blame Obama's run at the presidency for the escalating prices along with environmentalists. They lie, lie, lie.



Mike's Blog Round Up

Agitprop: "Ex-White House Jesus Freak-in-Charge caught plagiarizing the Pope." Not making that up.

Inarticulate Fumblings: Heterosexuality questionnaire.

Politits: Make mine a double standard.

Happy Birthday Dr. Seuss. P.S. to IHOP: Wall Street does not like Green Eggs and Ham.

And speaking of books, some familiar bloggers are having a Spring Reading Challenge.

Mike's off for today only flying home across the Pacific (hopefully in an exit row 'cause the tall guy needs leg room). Send tips to finnsagain AT aol.



Mike's Blog Roundup

All Spin Zone: The economic outlook is so bleak, some economists are looking for a bunker to hide in. But what do economists know? Chimpy is is upbeat about the economy, though I'm sure he'd be amenable to more tax cuts...and he's not the only one living in a fool's paradise.

Wall Street Jackass: Sage advice

Beggars Can Be Choosers: Iowa shows how Iraq war support remains toxic for candidates, though apparently, the "surging" St. McCain doesn't think so.

Blorgable: Year of the web: 10 strangest political moments of 2007

CQ Politics: Voter ID court challenges expected to have a big impact on the 2008 elections.

Watchdog Blog: The House Ethics Committee parties on



Noonan sees GOP 'shifting too far' towards religion

In her Wall Street Journal column last week, Peggy Noonan lamented the fact that religion was quickly becoming too important to Republican voters. “[T]here is a sense in Iowa now,” she wrote, “that faith has been heightened as a determining factor in how to vote, that such things as executive ability, professional history, temperament, character, political philosophy and professed stands are secondary, tertiary.”

Noonan added that “things seem to be getting out of kilter, with the emphasis shifting too far” towards over-valuing religious faith over secular qualifications. She warned that if this trend continues, Republicans may soon find themselves in “a different kind of party.”

Noonan raised a related point today, noting the “famous floating cross” in Mike Huckabee’s TV ad this week, the former Reagan speechwriter called the commercial “creepy.”

Note to Noonan: you helped create this mess; it's too late to complain now.