I think it's just about time to give up on the pop-up media.
Christopher Dodd walked right into this one, but the media smells blood, and doesn't even seem to get its issues straight.
Last week's debunked media claim about Dodd writing protections for execs' bonuses had nothing to do with the legal clause Dodd stumbled over. Now the media continues to stick by its efforts to confuse the public as to what provision of the law is at issue.
CNN, for instance, ran a story falsely claiming that economic recovery bill language required bonuses for AIG execs to "stay in place."
Uh, no.
The finger-pointing doesn't stop there, of course. Pathological fabricator Rush Limbaugh claimed that "not one Republican" voted for the TARP bailout law.
As Depeche Mode has been singing lately: Wrong! (Doo doo doo doo...) Wrong!
Many congressional Republicans voted for the disastrous bailout bill, and Bush signed it into law.
The dinosaur media's stance seems to be that because Democrats like Dodd tripped up over a law Congress passed, it absolves the Republicans from all responsibility in allowing greedy execs to use bailout money to give themselves huge bonuses.
Luckily, the media's Republican partisanship isn't as effective as it was 15 years ago. Otherwise I would have gotten to this story earlier. The GOP is now just a regional party: The only significant support it still has is in the South and in other states' exurbs.
So all that blood the media smells is just an illusion.
(Source: http://mediamatters.org/items/200903180031;
http://mediamatters.org/items/200903180032)
Monday, March 23, 2009
Dodd steps in it, but media still doesn't get it
Posted by Bandit at 4:40 PM
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