Tag Archives: culture

Credibility

Posted on by
Reply

CNN‘s ex-boss Jeff Zucker and MSNBC‘s ex-boss Phil Griffin defended their decision to suppress the Hunter Biden laptop news in the runup to the 2020 Presidential election.

Griffin:

The Justice Department was looking into it, never reported it until he [Hunter Biden] is the son of a candidate. I don’t think it’s a main story until that happens.

The son of a major candidate for office misbehaving badly isn’t news. Never mind that Joe Biden had been making Hunter part of his campaign all along, seeking sympathy for his drug-abusing son for having overcome his addiction. Never mind that Hunter Biden already was news for his use of his diseased brother’s widow, his business dealings, and his use of his familial relationships in furthering his deals.

But his laptop and its contents weren’t news?

Zucker:

He was the son of the candidate; he wasn’t the candidate.

And, he said, as cited by Just the News:

CNN “did not know enough about” the story to cover it and “the problem” was that former Trump attorney Rudy Giuliani was the first to come forward with materials from the laptop….

So the news wasn’t news because one of the early sources regarding the laptop was a man Zucker didn’t like.

This is the editorial “judgment” of the journalism guild.

Still only Chit-Chat

Posted on by
Reply

Now ex-President Barack Obama (D) thinks it was a mistake to essentially ignore the Green Revolution in Iran in 2009, the Iranian people’s uprising against the tyrannical Ayatollah regime.

That’s awfully … of him to say so, now, 13 years too late for it to matter for the Iranian people or for him to suffer any consequences, even as it comes amid the current protests by Iranian women against that same tyrannical Ayatollah regime.

Now he’s saying,

Every time we see a flash, a glimmer of hope, of people longing for freedom, I think we have to point it out.
We have to shine a spotlight on it. We have to express some solidarity about it[.]

Chit-chat. Obama, and his BFF President Joe Biden (D), still are interested in limiting themselves to yakking about the Iranian people’s efforts. Talk is cheap; what concrete action would today’s Obama or Biden be willing to take?

They’re not quite being silent.

Bank of England Fails

Posted on by
Reply

The Bank of England, in its panic over the British bond market repricing, is extending its intervention into that market. The purpose of the BOE’s intervention, though, is exposed by the beneficiaries of the move [emphasis added].

The central bank on Tuesday said it would add inflation-linked government bonds to its program of bond purchases after a fresh attempt on Monday to help pension funds failed to calm markets.

And [emphasis added]

The central bank first launched its bond purchases on September 28 in an effort to help pension funds that held large positions in derivative-based investments that were upended by the surge in UK government bond yields.

Clearly, the BOE is not in the business of maintaining a stable pound; it’s in the business of protecting special interests from the results of their foolishness—like “investing” pensioners’ and future pensioners’ money in risky vehicles like those derivatives.

The proper move would be for the BOE to stand aside and let the market do what it will—which is to say let the market investors, all of them buyers and sellers according to their own imperatives, do what they will according to their own, independently arrived at, imperatives. That will be painful during the (re)adjustment period, but the outcome will be what investors, with their pounds, say they want.

After all, a properly free and open market is self correcting; a government intervened-in market never can be. Aside from the fact that a centrally directed market cannot respond quickly enough, those interventions color those investors’ imperatives, driving them necessarily away from independent development. Such politically-created market distortions permanently block corrections from running to completion.

Catch-22?

Posted on by
Reply

No, typical Leftist “misunderstanding.”

In a piece about the possibility of an inflation-related increase in Social Security payments, Megan Henney, writing for FOXBusiness, cited this remark from Mary Johnson, The Senior Citizens League‘s Policy Analyst/Editor, about the supposed downside of the increase.

Higher Social Security payments are a bit of a Catch-22. They can reduce eligibility for low-income safety net programs, like food stamps….

That demonstrates a complete misunderstanding of safety net programs. With greater income, there’s less need for the safety net, so of course eligibility should be reduced commensurately.

Only a Leftist, who believes in ever-growing government, could say such a thing with a straight face.

Visit the Border?

Posted on by
Reply

Nah. The border tsar was too busy noshing with mega-donors in Texas to take the time to go to the border and see with her own eyes the disaster the Biden-Harris administrating is inflicting on us. She has people to do that, with their eyes. Except, no, she doesn’t….

She did, though, spend her busy time speechifying.

Harris [joined] a conversation at the LBJ Presidential Library on Saturday to discuss abortion access, then [gave] a speech at a fundraiser for the Texas Democratic Party.

The LBJ library, in Austin, is just about 200 miles from the Rio Grande River, a bare 3 hours, more or less, by auto and even quicker via Marine Two. But it’s too much trouble for the woman appointed by President Joe Biden (D) to the responsibility of dealing with our border to spend half a day there, on the river, seeing the illegal aliens walking/wading across that border, illegal aliens that Biden, through his Press Secretary, yokked it up (skip ahead to 1:50) over the very idea that anyone walked/waded across.