January 14, 2008

VOL. 6 ISSUE JAN

 

 

MODERATE INDEPENDENT MONDAY

Your Nation's Week Mapped Out

by

Thomas J. Bico

 

 

January 14, 2008 – The year was 1999.  Seems a world away, doesn't it?  The name was George W. Bush.  Most of the people of the nation - myself included - had never heard of him.  And yet, everywhere in the media - everywhere - we were being told that he was unbeatable to be the next President of the United States.

 

This was before the primaries.  This was in a race against a successful incumbency.  This was a race that George W. Bush ultimately would not win the most votes in.

 

The absolute control of the media by a certain Bush-brand group of Republicans continues on into this election.  The search for a single positive article about Hillary Clinton continues.  She is one of the most amazing success stories in American history, the first woman to ever lead the national polling for President; the first viable, never mind front-running, female.  No stories honoring that.

 

She still leads by double-digits in national polls (see CBS' latest), and yet the media acts as if she is hated and on her way out.  Funny, that's exactly what right-wing propagandists are saying.  And even more amusing, that's what fake liberals like Ed Schultz are saying.  "Liberals" bashing Clinton praising Huckabee.

 

Welcome to Elections 2008.

 

In both Iowa and New Hampshire, Hillary Clinton won big among Democrats.  With Iowa's second round voting, sore losers who switched to Obama brought him into a tie with her among Democrats.  In New Hampshire, he lost by 10 percentage points among Democrats.

 

What has propelled Barack Obama has been "Independents" and Republicans.  Obama noted this both after Iowa in his letter to supporters:  "...independents and even some Republicans joined our party to stand together for change," he wrote in his letter to supporters after his Iowa win.  We he didn't comment on was the fact that Republicans are registering as "Independents" to vote Obama because they think he'll be easier to beat.  After New Hampshire he noted "Independent" support again - and well he should have, as he lost massively among Democrats.  Again, he had Republicans who registered as Independents to crossover to thank for even making the race close.

 

This is the simple reality of how the Bush/Republicans operate.  Propaganda and dirty tricks. 

 

Fortunately John McCain is coming up on the GOP side of things.  If McCain is the Republican candidate, and either Clinton or Obama are on the Democratic side, America is in for a real treat, a period that would be a complete reversal from the past eight years.  Any of the three could be given something that no one in the current Administration was worthy of:  our nation's trust.  There will be differences in policies, but all three are of the utmost integrity.

 

However, on the Independent side of things, I was contacted by the head of the Draft Mike Bloomberg movement.  He was wondering where we stand with regard to this possible renegade candidacy.  Potential candidates like Chuck Hagel are exciting prospects, but more needs to be known about Bloomberg before a useful opinion can be given either way.  We are looking into an interview, so stay tuned and we will give you the Moderate Independent lowdown on this possible Independent candidacy.

 

I've also been informed that a liberal radio station is starting up down in Jacksonville, Florida.  It sounds legitimate and anything to balance out the constant right-wing lying is useful, however the station says it will feature, if you can imagine, fake liberal/right-winger-in-liberal-clothing Ed Schultz.  So before we pass along that information to promote the radio station, I am looking further into the host and programming to be sure it is not another station that claims to be "Progressive Talk" and carries a progressive host or two, but really is just a trick to draw liberals in and then feed them right-wing propaganda via hosts, like Schultz, who claim to be liberals.

 

So to give you your 2008 primer on who to trust in the media:

 

ABC News, as we saw last election cycle with its airing of The Path To 9/11 - a pure right-wing propaganda piece disguised as a movie just weeks before the election - is now no more useful than FOX News.  ABC also operates lying right-wing talk stations from coast to coast, from WABC in New York to KABC in Los Angeles.

 

By the way - did anyone notice Don Imus has just returned to the air?  And who is carrying the racist right-wing liar?  Of course, ABC (see New York Post story.)

 

That was a nice trick, huh?  They pretended they were firing him during a slow point in the election cycle, and then just slip him back on under the radar just as the elections start heating up.

 

And a friendly reminder:  The Wall Street Journal is now owned by FOX News owner Rupert Murdoch.  Who also own the New York Post linked above.  Which is the paper reporting about Don Imus' return.  Which will be on ABC's radio network.

 

Are you seeing the circle from Murdoch to ABC?

 

NBC has it's wonderful stepchild MSNBC, which operates almost exclusively right-wing liars, save for Keith Olbermann - the lone actual liberal in the media these days.  Question:  If a network carries known lying propagandists like Scarborough, how can you trust anything the network carries (and before Scarborough threatens to sue me again, here is the article I ran on his book - i.e. pages filled with lies - which he threatened to sue me over exposing a little ways back.)

 

CBS - um, forget it.  The CEO of Viacom (which owns CBS) put it nicely last election.  He said regardless of his personal views, he had to support George W. Bush because of the business interests of his company.

 

Not exactly impartial, huh?

 

Back in 1999, Washington Post media analyst (now gone TV host as well) Howard Kurtz told me in an e-mail exchange that the dirtiest little secret was that while many reporters may in fact be liberal, 80% or more of publishers and editors - the people who control what gets printed and the tone/slant/content are Republicans.  What you can add to that fact, which he didn't at the time, is that the big bosses are GOP'ers, or at least ally with them since Bush and friends are willing to give the big media owners the right to own and consolidate more, crushing out free voices and competition.

 

Which, as luck would have it, was just done again on December 18th - one of the most important stories which, nicely, went uncovered by the media that benefited from it.  From Broadcast and Cable:

FCC Loosens Newspaper-Broadcast Cross-Ownership Limits - Federal Communications Commission Voted Along Party Lines...

"To cries of " unfair" and "this vote is a sham" from a handful of protesters,  the Federal Communications Commission voted along strict party lines Tuesday to loosen its newspaper-broadcast cross-ownership rule.

"Democratic commissioner Michael Copps was the first commissioner to weigh in with a public statement in advance of that vote, saying that the FCC was "just inking up a rubber stamp for another round of consolidation."

Now, thanks to the current Democratic control of the Senate, the rule may be overturned.  But in case you were wondering one of the main reasons for the lockstep right-wing bias across the entire non-Moderate Independent media, there you have it.  The news is a business, not a public service.  Their bread is buttered by Republicans.  Democrats are taking the media stand on the side of the nation.  This is why you won't see a single positive article about Hillary Clinton.  This is why every Democrat is dubbed "unlikable" by the entire media.  This is why you see such uniformity of message.

Honestly, it's one thing for some reports to say Barack Obama will roll after Iowa, or that Hillary Clinton's victory in New Hampshire doesn't mean much.  But to have the entire non-M/I media all take those two views tells you all you need to know.  Not one has said Hillary's victory shows that Obama doesn't have much hope - as we have reported; that New Hampshirites didn't want to pull that trigger.  That they came, they saw him, and said no - that he got clobbered among Democrats especially - and that this all bodes very poorly for him the rest of the way.  Which station is reporting that it looks like Iowa was just a fluke caused by a bizarre voting process and abnormal electorate?  Right, not one.

Ok, now you are ready for your week of election coverage, knowledge in hand.

As for the economy, the biggest story was told rather quietly.  What caused the Dow's big drop was not simply more ARM mortgage mess fallout.  It was the next chapter, which only The Moderate Independent has reported about so far - the looming credit card devt crisis.  It was American Express falling 10% - a Dow component - that dragged the index down the most.  And AmEx fell because of defaults and reduced use.

As we all know, AmEx is the high-end of credit cards.  If AmEx users are defaulting massively - if the rich and those with good credit are defaulting on even these smaller lines of credit - it marks a serious point in the coming reality:  that after a decade of setting a new record for personal bankruptcies each year, the ARM meltdown is going to be joined by a massive credit card debt meltdown.  Recession is here.  The question is not will we have a recession, as some are still asking.  The question is will it just be a horrible depression or all out collapse.

Which candidate has the best economic vision to save the nation?

That my friends, is a much more complex story.  And you will have to stay tuned for that.  To give you the basic idea, it doesn't have as much to do with economic policies as you would think.  It all does - as I keep pointing out - come back to the issue of the media.  Our current financial problem is not really an economic one, if you can imagine.  No, in fact, it is a cultural problem.

More on that later.  Now, onto the week...

 

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