TDS: Obama Takes On Bankers

Wall Street responds to President Obama's threat, and George W. Bush takes credit for the economic recovery. 1/26/10
NordlichReitersays...

I was going to spend time removing the emoticons, but eh, I think they look good on Ackbar. It is complete coincidence that the emoticons are all unhappy or startled.

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gharksays...

What i don't get is how an entire political party and there faux news channnel can get away with such blatant misinformation (not just referring to this obviously), shouldn't there be some sort of responsibility on both the Republicans and there mouthpeice to at least try and keep things rational? I mean, apparently they are not a registered news network so the same rules don't apply, but shouldn't there be rules also for networks masquerading as a news network?

It just seems like a rather easy way to get around the rules, giving them free reign to spew out pretty much any crap they want, to a large chunk of America.

Stormsingersays...

Nope, according to the Federal Court, there's absolutely no requirement for a "news organization" to care at all about being truthful. In fact, the court found that Fox had the right to fire anyone who refused to tell the lies in the organization's script.

All they have to care about is plausible deniability when it comes to slander (or would a recorded broadcast be libel?). Which is why they never state the most questionable/offensive things as fact, but rather by using "some say" type weasel-words.

It's kind of a mind-boggling fact, isn't it? No media organization has any requirement to be honest in any way...

direpicklesays...

I don't think the market's afraid of Obama's plans. I think everyone is aware/afraid that everyone else will be afraid of Obama's plans. That's why all of Wall Street shits itself every time a butterfly farts. OH GOD I THINK TED HAS LEPIDOPTEROPHOBIA I'D BETTER SELL!

Winstonfield_Pennypackersays...

"Give us back our ****ing money!"

Uh - they DID Jon. With interest. In fact, most of them paid back their loans months ago. Except - of course - in cases were the government wouldn't LET them pay it back (wuh?).

What i don't get is how TWO political PARTIES and their news channnels can get away with such blatant misinformation

There. I fixed that for you. No news channel today is even vaguely 'fair' or 'accurate'. They're all cesspools of bias and misinformation. The Republican party / Fox News side of the debate has no corner on this particular market. CNN, NBC, ABC, CBS, NYT, AP, Rueters, USA Today and many others mastered the fine of of misinformation long before Fox News showed up.

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