In his State of the Union address on Tuesday, President Obama said that his administration "will take every possible action to safely develop" America's reserves of natural gas, and that the "development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper, proving that we don't have to choose between our environment and our economy." The next day, in Las Vegas, the president talked about "an America where more cars and trucks are running on domestic natural gas than on foreign oil. Think about an America where our companies are leading the world in developing natural gas technology and creating a generation of new energy jobs; where our natural gas resources are helping make our manufacturers more competitive for decades."
So Obama supports the development of natural gas. And conservatives think they have figured out the reason why: George Soros.
Lachlan Markay, of the Heritage Foundation, wrote yesterday:
George Soros, a billionaire investor and major backer of President Obama, stands to reap a windfall from legislation promoting natural gas-powered vehicles. The White House unveiled a proposal on Thursday that would do just that.
One company that stands to benefit handsomely from the president's proposal is Westport Innovations. The company converts diesel engines to be fueled by natural gas. Wall Street analysts predicted a boom for the company if the NAT GAS Act were passed.
If Westport reaps the predicted windfall, one of the chief beneficiaries will be George Soros, a major Obama donor and supporter. Soros's hedge fund holds 3,160,063 company shares (as of its last SEC filing).
Hot Air's Tina Korbe credited Markay for uncovering "a potentially key motivation for the president's recent proposal to offer incentives to companies to buy and use trucks powered by natural gas." Korbe added with an air of wildly unsupported certainty that this is an example of "the president's perpetual crony capitalism."
The Daily Caller also got in on the fun:
President Barack Obama, at a Las Vegas UPS facility Thursday, pitched a plan to boost the American use of natural gas, a plan that would not only benefit long-time natural gas proponent billionaire T. Boone Pickens, but also long-time Obama supporter, billionaire investor and progressive philanthropist George Soros.
So did the president craft a national energy policy based largely on how it would benefit George Soros' investment portfolio? It certainly seems likely, assuming you've been conditioned to believe that Soros is secretly pulling the strings at the White House, in which case the mere fact of Soros' connection to the natural gas industry is evidence enough to convict.
You just have to disregard the fact that the many millions of dollars in political donations made by the oil and gas industry and the natural gas pipeline industry -- which would also stand to benefit handsomely from expanded use of natural gas vehicles -- have overwhelmingly gone to Republicans. There's also the inconvenient presence of billionaire T. Boone Pickens. who cut checks to George W. Bush, funded the Swift Boat Veterans For Truth, and, as noted by the Daily Caller, would make some serious bank with accelerated development of natural gas.
So if Obama's goal was to line the already well-lined pockets of one of his prominent supporters, he's also throwing vast sums at the people and industries who have bitterly opposed him and are likely to continue doing so in the future.
But hey, it's a conspiracy! It doesn't need logic, it just needs selectively reported facts and the thinnest patina of plausibility.
(Full disclosure: Soros has donated to Media Matters)
Anonymous hackers recently released another batch of emails taken from a climate research group at the University of East Anglia in 2009, along with a document containing numbered excerpts of purportedly incriminating material. Many of these selections have been cropped in a way that completely distorts their meaning, but they were nonetheless repeated by conservative media outlets who believe climate change is a "hoax" and a "conspiracy."
Conservatives in the media have used the occasion of Rep. Barney Frank's retirement announcement to rehash old theories of how he, through his support for Fannie Mae and Freddie Mac, caused the subprime bubble and subsequent meltdown. In fact, Wall Street -- not affordable housing programs -- was the primary cause of the financial crisis.
The right-wing media have attacked President Obama for commenting at a conference that "we've been a little bit lazy" about attracting foreign investment in America, claiming that he is "attacking Americans." However, several independent analysts have said that this line of attack takes Obama's comments out of context and that the president "wasn't calling Americans lazy."
Desperate to discredit a growing movement to hold Wall Street accountable for exploding income inequality, right-wing media figures have turned to trolling Craigslist.
For years, the Working Families Party has used the popular website to recruit canvassers to organize communities and engage in traditional grassroots lobbying -- often using hot button issues as a way to catch the eye of potential workers.
Dan Cantor, executive director of the Working Families Party, tells Media Matters:
This is a standard job description for our entry level canvass job. We hire canvassers year round to knock on doors and discuss our agenda with voters, including job creation, public financing of elections, reigning in Wall Street greed, and a lot more. And any one of our canvassers can tell you that these issues -- the same issues the Occupy Wall Street activists are trumpeting -- are resonating with the people they talk to at the doors.
Since late September, the Working Families Party has been tapping into the mounting anger at Wall Street to recruit workers.
Harry Siegel at The Village Voice explains:
The latest twist came today as bloggers took note of what to the uneducated eye appears to be a run-of-the-mill Craig's List ad of the sort that left-leaning groups like the WFP and NYPIRG have run for years, under some topical banner, to find kids willing to take low-paying, rather lousy canvassing jobs. The ad, for $300-$650-a-week "immediate hires," ran under the banner "FIGHT TO HOLD WALLSTREET ACCOUNTABLE NOW! MAKE A DIFFERNENCE GET PAID!" [sics all around]. It reminded me of the Voice classified that resulted in a miserable summer at 17 begging door-to-door for the Sierra Club.
EPA explained in a court brief that by phasing in greenhouse gas regulations and focusing on large sources of emissions, the agency avoids a scenario in which 230,000 new workers would be required. Somehow, the Daily Caller's Matthew Boyle concluded from this that "The EPA is asking taxpayers to fund up to 230,000 new government workers." Other conservative media outlets, including Fox News, repeated Boyle's false report.
Right-wing media are portraying President Obama's recently released jobs plan as being "all about tax hikes." In fact, more than half of the bill's cost comes from tax cuts for small businesses and extending the payroll tax cut for millions of Americans, which experts say will boost both employment and the economy.
Right-wing media have continued their long history of attacking President Obama's speeches by scrambling to criticize his September 8 address in which he proposed the American Jobs Act.
In an editorial blasting President Obama's green jobs initiatives, the New York Post falsely claimed that despite significant investments in clean energy, California's "environmental sector has actually lost jobs, not gained them":
[T]he Obama administration's entire green-jobs initiative has been a massive boondoggle.
As The New York Times reported last month, Obama's grand plan to create 5 million green jobs over 10 years has turned into an enormous "pipe dream."
In California, for example, the environmental sector has actually lost jobs, not gained them.
Which raises serious questions about this administration's ability to come up with any kind of plan that will productively address America's unemployment crisis.
In fact, those job losses refer only to the San Jose metro area, not to the state of California as a whole, which has gained almost 80,000 green jobs since 2003 - a 4.2% annual increase - and leads the nation in the number of clean economy jobs.
Those numbers come from a recent Brookings Institution report assessing green jobs nationally and regionally, which was the subject of the New York Times/Bay Citizen article cited by the New York Post editorial. The Times article has been criticized for cherry-picking information from the Brookings report to paint a misleadingly negative picture of green job growth.
After Fox News aired a doctored version of Teamsters president James Hoffa's Labor Day speech, the right-wing media pointed to the clearly edited video to accuse Hoffa of encouraging violence against conservatives. In fact, unaltered video -- video aired by Fox hours after the clearly edited version had been heavily promoted throughout the conservative media -- shows that Hoffa was encouraging the crowd to vote against Republicans in the 2012 election.
Right-wing media have seized on a 2008 video of then-candidate Barack Obama, in which he criticized President Bush for adding $4 trillion to the debt, to accuse Obama of hypocrisy because $4 trillion in debt has also accumulated since Obama took office. However, this ignores the fact that the Congressional Budget Office (CBO) projected $1.2 trillion in deficit before Obama took office -- based entirely on Bush's actions and economic conditions -- and that wars, policies, and the economic downturn that all began under Bush continue to inflate the debt.
Conservative pundits have attributed economic growth and job creation in Texas to the success of conservative policies like low taxes and small government. But government has played a significant role in Texas' recent economic record: Federal spending helped balance the state budget, and strict regulation helped shield it from the housing bubble.
"Has a central tenant [sic] of global warming just collapsed?" That's the first sentence of a July 29 Fox News article about a recent study which shows nothing of the sort, demonstrating just how broken climate change coverage is at news outlets like Fox, where scientific illiteracy meets political slant.
Last week, Roy Spencer of the University of Alabama in Huntsville (UAH), one of the few climate scientists who think we don't need to worry much about global warming, published a paper purportedly challenging mainstream climate models that is both limited in scope and, by many accounts, flawed. After a Forbes column by James Taylor of the libertarian Heartland Institute misinterpreted the study and declared that it blows a "gaping hole in global warming alarmism," an avalanche of conservative media outlets, including Fox, followed suit:
Following McDonald's decision to offer "more nutritionally-balanced" Happy Meals and First Lady Michelle Obama's praise of its move, the right-wing media jumped to attack McDonald's for supposedly bending to the will of the "fat police" and making Happy Meals "less happy." However, numerous studies show that childhood obesity leads to significant health problems, and moreover, McDonald's reportedly made their decision in part so that parents could feel "less guilty" about buying their kids Happy Meals.
With the debt limit deadline approaching and deficit-reduction talks underway, right-wing media are parroting the old GOP talking point that the nation's deficit is a "spending problem, not a revenue problem." But numerous economic experts have said that decreased revenue is a major cause of the deficit.