Category Archives: Journalism

For the Love of Obama

Barack Obama, Democrats, Elections, Elections 2008, Journalism, Media, Republicans, Socialism, Taxation, The State, Welfare

Speaking to “a group of his wealthier Golden State backers at a San Francisco fund-raiser,” on a Sunday in April 2008, one presidential candidate slimes small-town America as bitterly clinging to their guns, bigotries and bibles. The media listens in, but decides to keep a lid on the rant, because, in the words of a reporter who like the rest was rooting for the candidate, she “didn’t want to bring down the campaign.”

Four years later, another presidential candidate states a few plain facts about an electorate of which “47 percent ‘will vote for [Obama] no matter what’; “who are with him,” no matter what, “who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it”; who regard as an”entitlement” the fruits of another man’s labor, and think “government should give it to them,” and who “will vote for this president no matter what… people who pay no income tax.”

The same reporters who refused to pull back the curtain to reveal Obama’s contempt for small town Pennsylvania are hyperventilating over Mitt Romney’s unvarnished assessment of a large portion of the Democratic Party’s constituency.

One is, seemingly, forbidden to point out that while some people work for their living, others vote for their livelihood.

Thankfully, Romney is not groveling, this time, but simply affirming the figures and his,

concern about the growing number of people who are dependent on the federal government, including the record number of people who are on food stamps, nearly one in six Americans in poverty, and the 23 million Americans who are struggling to find work.

On Conflating The Candidate With The Machinations Of The Republican Party Politburo

Elections, Ethics, Family, Journalism, Republicans, Ron Paul

…the Republican National Convention did provide Americans with extraordinarily important information about Mitt Romney and the sort of leader he is likely to be …he is also a rules lawyer who is more than willing to smash the spirit of the game while rewriting its rules any time it appears to suit his interests. From keeping important party figures such as Ron Paul and Sarah Palin off the podium to refusing to recognize the duly-elected delegates from Maine, from changing the party rules on the fly to indulging in a Soviet-style vote count in which only votes for Romney were reported, it is clear that Mitt Romney is even more inclined toward authoritarian rule than Barack Obama has ever shown himself to be.

The problem with assertions made above in “Romney’s Fair Warning,” by Vox Day, my WND colleague, is that they are … assertions, in which Day skips a crucial step. This step would involve showing that Mitt Romney and the Republican National Committee are one and the same thing, and that the candidate is involved in the bureaucratic machinations of the party executive.

This is quite possible, but unproven in the column; Day has been too quick to collapse the distinction, at least in so far as administrative matters go, between the purview of the Republican Party politburo and that of the candidate.

I mean, did the candidates running at the time have a hand in what the National Republican Senatorial Committee did to Christine O’Donnell?

Again, it is quite possible that Mitt Romney agreed with party leadership’s decision to bar the most controversial speakers from the 2012 RNC. But it is unclear that Romney was behind it. Assertions absent proof don’t cut it in journalism.

If anything, there is evidence that the “Romney campaign’s [decision] to feature a video tribute to Paul [was] because he likes Paul.” There were rumors on the campaign trail that the two candidates and their wives had become fast friends. And why not? Politics aside, both ladies are gracious, lovely women with family and faith on their minds. (See also “Romney and Paul: BFFs?”)

Interest: Buffet’s Golden-Calf Investment Idol Shattered

Britain, Business, Capitalism, Conspiracy, Debt, Economy, Federal Reserve Bank, Feminism, Journalism, Media

American cable commentariat is dominated by horrible bimbos, sporting big hair, overbites, and grating voices that sound as though they’ve been squeezed from the other end of the woman’s anatomy (to use a Greg-Gutfeld analogy I’ve refined). That’s the ubiquitous TV tart’s better angle. Even when these females are kind-of on the right side of the issues, they are boring, second-handers, who spout mind-numbing banalities with great confidence. (I don’t know how a husband or boyfriend puts up with That “Creaky Voice.”)

Unlike the practically unknown Dominic Frisby, the teletart’s assets are not between her ears.

Introduced to American audiences by RT’s Max Keiser, Frisby is “resident gold bug at Moneyweek,” and author of the essay, “Why Gold Is The Currency Of The Free.”

Why can’t cable hosts be more like Max Keiser? Notwithstanding his program’s many idiosyncrasies—lefty nooks and crannies and conspiracy theories—RT’s Keiser Report always introduces its viewers to highly intelligent, often original, individuals who have a great deal to impart and add.

Twenty five minutes (and 49 seconds) into the latest broadcast, Frisby dealt an analytical blow to Warren Buffet’s claim that “gold is worthless as it pays no interest.” Since RT provides no transcript, I quote here from Frisby’s online column, “Gold pays no interest, has no use and no fundamental value – really?”:

“…gold pays no interest. True. But then, nor does cash – unless you lend it to people. The world needs to realise that by putting cash in the bank you are lending it. Gold can pay interest – if you lend it out. And lots of people do (though for what purpose I cannot say). But in this environment of negative real rates (when the central bank rate of interest is below the rate of inflation), who gives a hoot about interest anyway? 1 or 2% interest. Whoopee-do.”

[SNIP]

Exactly. You lose money by keeping cash. Anyone with some savings knows that you might as well not have them, if you are after the yield on your savings.

…Next, there’s this idea that “gold has no use”. Really?
Gold has very little industrial application, yes. It’s too expensive. But no use? Gold, unlike bubbles and government bonds, lasts forever. This makes it a highly effective form of money, as I’m about to explain.
But how can gold be money, runs the next argument, when you can’t go into a shop and buy stuff with it? Absolutely. You can’t.
Err … actually, you can. The gold sovereign is still legal tender. But it only has a face value of one pound, when it’s worth over £250. You’d be a plum if demanded that some poor shopkeeper accept it as payment. (And he’d be a plum if he refused it). But I’m splitting hairs.
As a day-to-day medium of exchange, gold has never found much use. A piece of gold the size of a penny (about £125 or $200 in today’s money) contains too much value for anything other than expensive transactions. Copper, nickel, silver, paper and now digital money have all found far more prolific use.
But to assert that you can’t buy stuff with it therefore it isn’t money, is a facile and ignorant argument. Money is more than just a medium of exchange. Indeed, this is just one of the three essential functions of money: it also has to act as a store of wealth and as a unit of account.
It is gold’s very inert, intrinsic, eternal uselessness – and we have Mother Nature to thank for that – that makes it such an effective form of money. It has no other function other than to be a store of wealth. Even its use in jewellery is an extension of that function – to store (and display) wealth.
Governments can’t print gold, they can’t ‘quantitatively ease’ it, they can’t loan it into existence. They can’t debase it the way they do their own currencies. It just stays there, unconsumed, forever. Which all means that gold is constant – and therefore an excellent unit of account, far better than government money.

Max Keiser stepped in to correct the record about Buffoon Buffest’s stock, which has been down 90% versus gold over the past 10 year.

Suffering From Stockholm Syndrome

Celebrity, Conservatism, Glenn Beck, Journalism, Left-Liberalism And Progressivisim, Media, Reason

Anderson Cooper demonstrated recently that when the spirit moves him, he can perform the job of journalism passably, if not brilliantly.

Conservatives are elated, overjoyed. They got down on their knees and paid homage to little Lord Vanderbilt, AKA Anderson Cooper, because, just this once (OK, maybe twice), Cooper had challenged one of the many lies Rep. Debbie Wasserman Schultz (D-Florida) tells with a straight face. Wasserman Schultz is a popular participant on cable TV shout-fests. This blond has been putting her velvety voice and forceful personality to use in promoting Obama’s statist schemes.

Glenn Beck could not contain himself, writing that, “Anderson Cooper has always been one of Glenn’s favorite people and last night he showed why. When he sees BS he will pounce…”

Cooper is a pioneer of the Oprah school of journalism, whose method is to follow feelings, and not facts, and promote “awareness” of The Issues. He is very bad for journalism.

Am I surprised that Cooper veered this once from his usual postmodern mind-set? Sure. Ordinarily, Cooper would have told Wasserman Schultz that although his reality differed from hers, he nevertheless respected “the place she was coming from.”

But am I grateful the little so-and-so did what he is supposed to do? Hell no.

There’s a name for what Glenn Beck is experiencing with respect to the left-liberal media: Stockholm Syndrome.