Blog

  • SEIU's Challenge to Bill O'Reilly: Walk a Day in Our Shoes

    Blog ››› ››› KARL FRISCH

    The Service Employees International Union (SEIU) has a challenge for Bill O'Reilly:

    This week Bill O'Reilly launched a baseless attack on members of the Service Employees International Union. O'Reilly smeared our 2 million hardworking men and women as "socialists" and "far-left extremists" trying to bring down "our capitalistic system."

    Riiiight. SEIU members responded to O'Reilly by inviting the "news" man to walk a day in their shoes and find out what it's like to work in a real job.

    Since Bill O'Reilly is so sure that SEIU is bent on destroying the very fabric of our society, it'd be nice for him to meet some of our members and see who makes up our union.

    Do you think Bill O'Reilly could even last 10 minutes in the shoes of one of these hard-working Americans? Now is your chance to find out. Tell Bill O'Reilly to walk a day in the shoes of an SEIU member before he slams hardworking people.

  • Laura Bush's former flak continues to embarrass LA Times

    Blog ››› ››› ERIC BOEHLERT

    Andrew Malcolm, who used to work for Laura Bush, blogs politics at the Times and types up inanities with numbing regularity. Today he mocks the homeless -- or at least the very poor of Washington, D.C. -- while taking a swipe at Michelle Obama's volunteer work.

    The point of his pointless item was that Obama put in some time at a soup kitchen not far from the White House, but that one of the men in line pulled out a cell phone to snap a photo of the first lady.

    Malcolm, suddenly on the beat as a poverty cop, demands:

    If this unidentified meal recipient is too poor to buy his own food, how does he afford a cellphone? And if he is homeless, where do they send the cellphone bills?

    Just pathetic.

    And by the way, the soup kitchen Obama volunteered at is privately funded, which means it's nobody's business who it serves or doesn't serve. But media elite Malcolm, sitting in some comfortable office, demands answers about just how poor the poor people are who are lined up for free food in the nation's capital.

    UPDATE: Right-wing bloggers think the item's funny: Ha-ha, poor people don't have phones!!

    UPDATE: Writes Tbogg:

    Later Malcolm will review older pictures from the last Republican Depression That FDR Was Responsible For and wonder why all the poor guys begging for bread were wearing such spiffy suits and nice hats.

  • Does ABC's Rick Klein read polling data?

    Blog ››› ››› ERIC BOEHLERT

    Married to the GOP talking point about how Obama's gutting the economy and ruining Wall Street, the Beltway press remains borderline hysterical about the fact that Obama hasn't fixed everything already. Americans, though, aren't quite so irrational.

    Here's Klein today in The Note perfectly parroting the GOP line (that's pretty much his job description):

    On a political level, how long can the president muster the public support for his prescriptions, without tangible evidence that they're working?

    If Klein bothered to read polling data, that exact question has already been answered. But we fear Klein and the rest of the press aren't going to like the results.

    As Nate Silver at FiveThirtyEight recently highlighted, the latest NBC/WSJ poll found that a strong majority of Americans (66 percent) won't begin to assign to Obama responsibility for the performance of the economy until 2010, and 43 percent won't until 2011.

    The press ought to just take a deep breath before assigning blame. But with conservatives pushing their it's-Obama's-fault line of attack, we doubt journalists will be able to resist.

  • Debunking "class war" claims

    Blog ››› ››› JAMISON FOSER

    Daniel Gross, business columnist for Newsweek and author of Slate.com's Moneybox column, debunks claims by Larry Kudlow, Michael Gerson (and countless others) that Barack Obama is waging class war on the rich:

    It's hard to overstate how absurd these claims are. First, let's talk about the "massive increase in progressivity" that Gerson deplores. It consists largely (but not exclusively) of returning marginal tax rates to their levels of 2001, before Gerson and the epically incompetent Bush administration of which he was a part got their hands on the reins of power.

    ...

    [W]e know from recent experience that marginal tax rates of 36 percent and 39 percent aren't wealth killers. I was around in the 1990s, when tax rates were at that level, and when capital gains and dividend taxes were significantly higher than they are today. And I seem to remember that we had a stock market boom, a broad rise in incomes (with the wealthy benefitting handily), and strong economic growth.

    ...

    Finally, there has been a near total absence of discussion of what higher rates will mean in the real world. Say you're a CNBC anchor, or a Washington Post columnist with a seat at the Council on Foreign Relations, or a dentist, and you managed to cobble together $350,000 a year in income. You're doing quite well. If you subtract deductions for state and property taxes, mortgage interest and charitable deductions, and other deductions, the amount on which tax rates are calculated might total $300,000. What would happen if the marginal rate on the portion of your income above $250,000 were to rise from 33 percent to 36 percent? Under the old regime, you'd pay $16,500 in federal taxes on that amount. Under the new one, you'd pay $18,000. The difference is $1,500 per year, or $4.10 per day. Obviously, the numbers rise as you make more. But is $4.10 a day bleeding the rich, a war on the wealthy, a killer of innovation and enterprise? That dentist eager to slash her income from $320,000 to $250,000 would avoid the pain of paying an extra $2,100 in federal taxes. But she'd also deprive herself of an additional $70,000 in income!

    Can she, or we, really be that stupid?

    Gross also makes a point too often overlooked: "this return to 2001's tax rates was actually part of the Bush tax plan. The Republicans who controlled the White House and the Republicans who controlled the Congress earlier this decade decreed that all the tax cuts they passed would sunset in 2010."

    Read the whole thing; it -- along with this column from Michael Hiltzik of the LA Times -- is a rare sensible and factual take on Obama's budget proposals in the midst of a lot of media hyperventilation about "class war."

  • Howard Kurtz plays dumb about Rush Limbaugh

    Blog ››› ››› ERIC BOEHLERT

    Big shock, we know. But today Kurtz transcribes GOP talking points that the White House under no circumstances is allowed to mention Rush Limbaugh's name and that by answering reporters' questions about Limbaugh, White House spokesman Robert Gibbs is "going after private citizens." Because apparently the First Amendment no longer applies to the White House.

    Whatever.

    But here's where Kurtz plays dumb, as he puffs up Limbaugh:

    For nearly two decades, the radio host has masterfully inserted himself into political disputes by pushing the usual boundaries. In last year's Democratic primaries, he tried to derail Obama with what he dubbed Operation Chaos, urging his followers to cross over and vote for Hillary Rodham Clinton.

    See, Limbaugh's a master. Except when he's not. Like, oh, I don't know, 12 months ago when he launched a jihad against John McCain, announcing that under no circumstances was he to become the nominee of the Republican Party.

    And what did Republican voters nationwide do in response? They promptly ignored Limbaugh's rantings and handed McCain an easy nomination victory.

    Yep, that Rush is a real master.

    UPDATE: More of the right-wing nonsense (courtesy of Fox News) that Rush Limbaugh should be "free to speak his mind," but that's it's basically illegal for the White House to respond.

    Wingnuttery, indeed.

  • Jim Cramer's ballooning ego now approaching the size of Rush Limbaugh's

    Blog ››› ››› ERIC BOEHLERT

    We knew Cramer lived to hear himself talk, but this is getting ridiculous. Borrowing a page from Limbaugh, Cramer has penned a tedious open letter to the White House where he, in part, fantasizes that he's on the Obama Enemies List. Why? Because Cramer's name was brought up by a reporter at a White House press briefing this week.

    That apparently signaled to Cramer that he needed to write more about himself under the guise of writing about the administration and the stock market.

    -Number of times Cramer refers to "Obama" in open letter to White House: 9.

    -Number of times Cramer refers to himself in open letter to White House: 43.

    It reminds me of a passage from the recent Esquire profile of Cramer:

    Because the only subject more fascinating to Jim Cramer than the stock market is, naturally, Jim Cramer.

  • The Journal Register Co. continues to shred journalism

    Blog ››› ››› ERIC BOEHLERT

    The hapless, and now worthless, newspaper chain which is in the process of going belly-up, really ought to serve as a case study some day regarding what went terribly wrong with the American newspaper industry. And how, during the last couple decades, greedy outsiders without the slightest commitment to journalism or communities, were able to drag some worthy newspapers into the abyss.

    At the top of that list is the mid-sized Journal Register Co., which, I'm guessing, will soon shutter its 'flagship' daily, the New Haven Register in Connecticut, in part because the Journal Register Co. doesn't have the slightest idea of how to operate a newspaper, let alone turn a profit.

    The destruction that the Journal Register has done to the Register, and to Connecticut journalism in general, over the years is almost beyond description. The company took a community-minded newspaper that enjoyed a monopoly and beefy subscribers rates, and gutted the operation through mindless cost cutting, and that was during the economic boom times.

    Anyway, here's the latest:

    The Connecticut attorney general's office objected Wednesday to a plan by Journal Register Co. to pay its top executives up to $1.7 million in bonuses even as the newspaper publisher seeks Chapter 11 protection from creditors.

    What are the bonuses for? For gutting the company's newspapers, of course:

    The bonus plan would apply to 31 "key employees" who could receive an average of $15,700 each if 450 positions are cut by March 31, according to the company's motion for "incentive pay" filed with the court. Further bonuses totaling about $1.2 million would be available if the employees met other goals including eliminating publications and reaching certain financial targets.

  • Life inside The Village

    Blog ››› ››› ERIC BOEHLERT

    This sentence, typed up by Howard Kurtz at the WashPost, offers a nice window into the world of the corporate Beltway press and just how skewed its view of politics is. The context was Kurtz thought it was a huge deal that CNBC's Jim Cramer went running off at the mouth again and criticized Obama's budget as "radical."

    Wrote Kurtz [emphasis added]:

    The reason this is noteworthy is that Cramer is a liberal Democrat who, for example, strongly backed his former Goldman Sachs colleague Jon Corzine for New Jersey governor.

    Got that? Because professional Wall Street cheerleader Jim Cramer has backed his friend and former Goldman Sachs CEO, that makes Cramer a liberal Democrat.

    Only in The Village.

    BTW, liberal Democrats don't talk like this.

  • Network newscasts last night all ignored WSJ's scoop about monstrous Merrill Lynch pay bonuses

    Blog ››› ››› ERIC BOEHLERT

    Not a word Wednesday night from ABC, CBS or NBC about the Journal's big A1 story yesterday:

    As bad as 2008 was for Merrill Lynch & Co., it was very good for Andrea Orcel, the firm's top investment banker. Although Merrill's net loss ballooned to $27.6 billion last year, Mr. Orcel, 45 years old, was paid $33.8 million in cash and stock, just shy of his pay in 2007.

    The networks have all recently reported on the pay of middle class autoworkers while the Big Three looked for a government bailout. But the nets didn't care about the fact that Merrill Lynch, which has benefited from taxpayer support (indirectly via TARP funds), lost $27 billion last year yet nearly 150 employees were paid more than $3 million. Or that:

    Thomas Montag, the head of global sales and trading at Merrill, made $39.4 million in 2008, even though his first day on the job was in August.

    Nope, nothing to see here, folks.