An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, November 8, 2013
Raw Story: 60 Minutes admits to severe journalistic malpractice
Via Raw Story:
http://www.rawstory.com/rs/2013/11/08/60-minutes-correspondent-we-made-a-mistake-on-benghazi-report-and-we-were-wrong/
It wasn't enough last month for 60 Minutes to devote an entire segment to beat up the Social Security Disability Program, which provides small payments to keep disabled workers from falling into total destitution. This hack-piece relied on interviews with lunatic Oklahoma Senator Tom Coburn and nastily attacked, took out of context, and exaggerated the minor issues with the Disability Program. Hey, I guess JP Morgan's historic $13 billion settlement for fraud was not newsworthy, but a few disabled people getting some spending power via Uncle Sam was a scandal worthy of prime time. But no, apparently this was not enough for the 60 minutes crew, as they also felt the need to stir up the hornet's nest discussion on the Benghazi non-scandal with a terrible piece last week.
The Washington Post immediately questioned the authenticity of the account of a security officer who supposedly witnessed the attack on the compound. This guy told one story to his superior officers, and another to 60 Minutes, probably just because he wanted to get his face on TV. Apparently, the officer's ridiculous claim that he had "scaled a 12-foot wall and downing an extremist with the butt end of a rifle as he tried in vain to rescue the besieged Americans" was not enough of a red flag for Lara Logan. For some reason, 60 Minutes just took his story at face value and didn't bother to double check with anyone else.
Mike Wallace would be disgusted with the joke that 60 Minutes has become.
This is too late.
ReplyDeleteThe Banks like Bank America are ruled by and for Republican.
Obama should have Bill-Black'ed the banks 4 years ago
but Obama was soft.
And this is affecting his ratings and affecting his strategy since the Tea party is winning with their rebellion.
The Tea Party is a subset of cowboys who can distance themselves from Republicans when they do their special operations so the Republicans can stay "clean" and then merge back with the Republicans when it is "safe and sound" if their strategy worked.
It might be working, this approach.
It is not a genuine independent political party, it is a subcommittee so that Republicans can vote twice and differently on the same issue so they can say they voted "yes" to constituents #1 and that they voted "no" to constituents #2.