Tuesday, March 17, 2009
Tell CNBC the economy is not a game...
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The Hill repeats baseless claim that small businesses will have to provide health insurance under Obama
Media Matters - The Hill repeats baseless claim that small businesses will have to provide health insurance under Obama
A Hill article asserted that "[s]mall businesses are also worried about an Obama healthcare proposal that could require small firms to provide health insurance to their workers." However, during the presidential campaign, then-Sen. Barack Obama proposed requiring large businesses that do not provide employer-sponsored health coverage to pay a percentage of their payroll into a National Health Insurance Exchange but stated that small businesses would be exempt.
A Hill article asserted that "[s]mall businesses are also worried about an Obama healthcare proposal that could require small firms to provide health insurance to their workers." However, during the presidential campaign, then-Sen. Barack Obama proposed requiring large businesses that do not provide employer-sponsored health coverage to pay a percentage of their payroll into a National Health Insurance Exchange but stated that small businesses would be exempt.
Congress threatens to tax AIG executives' bonuses
Congress threatens to tax AIG executives' bonuses
Congressional Democrats vowed Tuesday to all but strip AIG executives of their $165 million in bonuses as expressions of outrage swelled in Congress over eye-catching extra income for employees of a firm that has received billions in taxpayer bailout funds.
Congressional Democrats vowed Tuesday to all but strip AIG executives of their $165 million in bonuses as expressions of outrage swelled in Congress over eye-catching extra income for employees of a firm that has received billions in taxpayer bailout funds.
Hannity falsely claimed that under Pelosi, Republicans "can't offer amendments"
Media Matters - Hannity falsely claimed that under Pelosi, Republicans "can't offer amendments"
Fox News' Sean Hannity falsely claimed that under House Speaker Nancy Pelosi, "Republicans can't offer amendments; they can't offer alternative bills." In fact, in the 111th Congress, the House has voted on several Republican-sponsored amendments to various bills.
Fox News' Sean Hannity falsely claimed that under House Speaker Nancy Pelosi, "Republicans can't offer amendments; they can't offer alternative bills." In fact, in the 111th Congress, the House has voted on several Republican-sponsored amendments to various bills.
Suggesting "your house will be worth more burned down," Doocy peddled itemized deduction falsehood
Media Matters - Suggesting "your house will be worth more burned down," Doocy peddled itemized deduction falsehood
Fox & Friends' Steve Doocy falsely asserted that President Obama has proposed eliminating the ability of high-income taxpayers to take income tax deductions for their home mortgages. In fact, Obama has not proposed eliminating income tax deductions for any taxpayers; rather, a provision in Obama's budget proposal would, beginning in fiscal year 2011, reduce the tax rate at which families earning more than $250,000 per year can take itemized deductions to 28 percent.
Fox & Friends' Steve Doocy falsely asserted that President Obama has proposed eliminating the ability of high-income taxpayers to take income tax deductions for their home mortgages. In fact, Obama has not proposed eliminating income tax deductions for any taxpayers; rather, a provision in Obama's budget proposal would, beginning in fiscal year 2011, reduce the tax rate at which families earning more than $250,000 per year can take itemized deductions to 28 percent.
25 top-paying companies - Bingham McCutchen (1) - FORTUNE
25 top-paying companies - Bingham McCutchen (1) - FORTUNE
Associates at Bingham McCutchen take home an average $256,312 total compensation annually. See which other Best Companies to Work For offer big paychecks.
Associates at Bingham McCutchen take home an average $256,312 total compensation annually. See which other Best Companies to Work For offer big paychecks.
They're hiring! - Edward Jones (1) - FORTUNE
They're hiring! - Edward Jones (1) - FORTUNE
As many big companies are announcing mass layoffs, these 20 top employers have at least 350 openings each right now. Which Best Companies to Work For are doing the most recruiting and what kind of candidates are they looking for?
As many big companies are announcing mass layoffs, these 20 top employers have at least 350 openings each right now. Which Best Companies to Work For are doing the most recruiting and what kind of candidates are they looking for?
Monday, March 16, 2009
Media Matters Daily Summary
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Cuomo to probe AIG bonuses for possible fraud
Cuomo to probe AIG bonuses for possible fraud
New York Attorney General Andrew Cuomo said Monday he has issued subpoenas for the names of American International Group employees given millions of dollars in bonuses despite their possible roles in the insurance giant's near-collapse.
Cuomo said his office will investigate whether the $165 million in payments are fraudulent under state law because they were promised when the company knew it wouldn't have the money to cover them. AIG reported this month that it lost $61.7 billion in the fourth quarter of last year, the largest corporate loss in history, and it has benefited from more than $170 billion in a federal rescue.
New York Attorney General Andrew Cuomo said Monday he has issued subpoenas for the names of American International Group employees given millions of dollars in bonuses despite their possible roles in the insurance giant's near-collapse.
Cuomo said his office will investigate whether the $165 million in payments are fraudulent under state law because they were promised when the company knew it wouldn't have the money to cover them. AIG reported this month that it lost $61.7 billion in the fourth quarter of last year, the largest corporate loss in history, and it has benefited from more than $170 billion in a federal rescue.
Sunday, March 15, 2009
Media Matters Daily Summary
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CNN's John King did not challenge Cheney's false claim that "chairmen" Frank, Dodd were "stone wall" to Fannie/Freddie reform
Media Matters - CNN's John King did not challenge Cheney's false claim that "chairmen" Frank, Dodd were "stone wall" to Fannie/Freddie reform
On CNN's State of the Union, host John King did not challenge former Vice President Dick Cheney's false claim that the Bush administration tried "to impose reforms on Fannie Mae and Freddie Mac, and we ran into a stone wall on Capitol Hill in the form of the chairmen and -- of the Banking Committee in the House and the Senate, Barney Frank and Chris Dodd." In fact, Frank and Dodd were not "chairmen" until 2007, after which time Congress passed oversight legislation of Fannie and Freddie.
On CNN's State of the Union, host John King did not challenge former Vice President Dick Cheney's false claim that the Bush administration tried "to impose reforms on Fannie Mae and Freddie Mac, and we ran into a stone wall on Capitol Hill in the form of the chairmen and -- of the Banking Committee in the House and the Senate, Barney Frank and Chris Dodd." In fact, Frank and Dodd were not "chairmen" until 2007, after which time Congress passed oversight legislation of Fannie and Freddie.
Tucker Carlson presented faulty timeline as purported evidence Stewart's criticism of Cramer "was a partisan attack"
Media Matters - Tucker Carlson presented faulty timeline as purported evidence Stewart's criticism of Cramer "was a partisan attack"
On Reliable Sources, Tucker Carlson asserted regarding Jon Stewart's recent criticism of CNBC's Jim Cramer: "This was a partisan attack. He went after -- he went after Cramer the moment Cramer criticized [President] Obama's budget. That was the mortal sin. That's what kicked off this entire feud." Carlson made a similar claim to the Politico. In fact, Stewart criticized Cramer at least as far back as March 17, 2008, for claiming that investment firm Bear Stearns was "not in trouble" less than a week before the company collapsed.
On Reliable Sources, Tucker Carlson asserted regarding Jon Stewart's recent criticism of CNBC's Jim Cramer: "This was a partisan attack. He went after -- he went after Cramer the moment Cramer criticized [President] Obama's budget. That was the mortal sin. That's what kicked off this entire feud." Carlson made a similar claim to the Politico. In fact, Stewart criticized Cramer at least as far back as March 17, 2008, for claiming that investment firm Bear Stearns was "not in trouble" less than a week before the company collapsed.
Forbes on Fox 's Asman falsely claimed Obama "once pledged to ban all earmarks"
Media Matters - Forbes on Fox 's Asman falsely claimed Obama "once pledged to ban all earmarks"
On Forbes on Fox, host David Asman falsely claimed that President Barack Obama "once pledged to ban all earmarks." In fact, Obama promised to reform the earmark process and cut wasteful spending, not eliminate earmarks altogether.
On Forbes on Fox, host David Asman falsely claimed that President Barack Obama "once pledged to ban all earmarks." In fact, Obama promised to reform the earmark process and cut wasteful spending, not eliminate earmarks altogether.
Wash. Post opinion page asked congressional Republicans -- but not Dems -- "whether federal budget earmarks are defensible"
Media Matters - Wash. Post opinion page asked congressional Republicans -- but not Dems -- "whether federal budget earmarks are defensible"
No Democratic members of Congress were quoted in a Washington Post opinion article asking "members of Congress and others whether federal budget earmarks are defensible"; the three members of Congress whose responses were listed are all Republicans. This is consistent with a pattern in the media of portraying earmarks as a practice unique to Democrats.
No Democratic members of Congress were quoted in a Washington Post opinion article asking "members of Congress and others whether federal budget earmarks are defensible"; the three members of Congress whose responses were listed are all Republicans. This is consistent with a pattern in the media of portraying earmarks as a practice unique to Democrats.
CNN's King asked Cheney several leading questions, inviting him to hammer Obama
Media Matters - CNN's King asked Cheney several leading questions, inviting him to hammer Obama
Interviewing former Vice President Dick Cheney, CNN's John King asked Cheney several leading questions, most premised on conservative or Republican talking points, that provided Cheney ample opportunities to attack President Obama. For instance, King asked Cheney whether he "believe[s] the president of the United States has made Americans less safe" by reversing several Bush administration's national security policies and whether he agrees with "the conservative weekly Human Events" that Obama is "trying to brazenly deceive the American people."
Interviewing former Vice President Dick Cheney, CNN's John King asked Cheney several leading questions, most premised on conservative or Republican talking points, that provided Cheney ample opportunities to attack President Obama. For instance, King asked Cheney whether he "believe[s] the president of the United States has made Americans less safe" by reversing several Bush administration's national security policies and whether he agrees with "the conservative weekly Human Events" that Obama is "trying to brazenly deceive the American people."
Cook County Republicans speak out about the politics in Illinois
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Millions in AIG bonuses draw chorus of outrage
Millions in AIG bonuses draw chorus of outrage
Leaders of the White House economic team and the Senate's top Republican bellowed about bonuses at a bailed-out insurance giant and pledged to prevent such payments in the future.
From one Sunday talk show to the next, they tore into the contracts that American International Group asserted had to be honored, to the tune of about $165 million and payable to executives by Sunday — part of a larger total payout reportedly valued at $450 million. The company has benefited from more than $170 billion in a federal rescue.
Leaders of the White House economic team and the Senate's top Republican bellowed about bonuses at a bailed-out insurance giant and pledged to prevent such payments in the future.
From one Sunday talk show to the next, they tore into the contracts that American International Group asserted had to be honored, to the tune of about $165 million and payable to executives by Sunday — part of a larger total payout reportedly valued at $450 million. The company has benefited from more than $170 billion in a federal rescue.
Saturday, March 14, 2009
"Fundamentally" wrong: CNN's King twisted facts in linking Obama to McCain's "fundamentals of the economy are strong" comment
Media Matters - "Fundamentally" wrong: CNN's King twisted facts in linking Obama to McCain's "fundamentals of the economy are strong" comment
On Anderson Cooper 360, John King alleged: "The president today said there were fundamentally sound aspects of the economy. He says we'll get through this because of the innovative entrepreneurs, companies that are making good products, workers, American workers who are so productive. Almost exactly the same message he criticized John McCain for during the election." In fact, Obama criticized McCain for broadly stating that "the fundamentals of our economy are strong." Indeed, it was only after Obama criticized McCain that McCain revised his comments to assert that by "fundamentals," he had been referring to "the American worker, and their innovation, their entrepreneurship, the small business."
On Anderson Cooper 360, John King alleged: "The president today said there were fundamentally sound aspects of the economy. He says we'll get through this because of the innovative entrepreneurs, companies that are making good products, workers, American workers who are so productive. Almost exactly the same message he criticized John McCain for during the election." In fact, Obama criticized McCain for broadly stating that "the fundamentals of our economy are strong." Indeed, it was only after Obama criticized McCain that McCain revised his comments to assert that by "fundamentals," he had been referring to "the American worker, and their innovation, their entrepreneurship, the small business."
A Great Right Hope - Forbes.com
A Great Right Hope - Forbes.com
Christopher Ruddy's conservative media empire is booming. Now, can it save the Republican party?
Christopher Ruddy's conservative media empire is booming. Now, can it save the Republican party?
G-20 pledge sustained action on financial crisis
G-20 pledge sustained action on financial crisis: "Finance officials from rich and developing countries pledged to boost the role of the International Monetary Fund and make a 'sustained effort' to restore global growth after a key conference that sought to bridge deep divisions on how to tackle the financial crisis."
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