Tag Archives: bloggers

President Clueless? Not so fast…

Posted by: Betsm

Reports claim Obama kisses up to the bankers in an interview. Critics on the left erupt! Here’s why they shouldn’t

President Barack ObamaPretty clever, those Bloomberg folks! First they buy BusinessWeek. Then BusinessWeek gets an interview with President Obama. Then, one day before the interview is to run, Bloomberg scoops its sister publication by excerpting a couple of choice nuggets suggesting Obama is cuddling up to the banks.

President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay…

“I know both those guys; they are very savvy businessmen,” Obama said in the interview yesterday in the Oval Office with Bloomberg BusinessWeek, which will appear on newsstands Friday. “I, like most of the American people, don’t begrudge people success or wealth. That is part of the free-market system.”

Unsurprisingly, two of Obama’s harshest critics on banking policy — from the left — immediately went ballistic. Simon Johnson called it “a major public relations disaster” and Paul Krugman, in a post titled “Clueless,” said “you would think that Obama would understand the importance of acknowledging public anger over what’s happening” and declared that “we are doomed.”

Hmm. Maybe we should read the entire interview before rending our hair and screaming doom and disaster? If there’s one thing we know about the president, it’s that he is pretty good with nuance and capable of making complex, multifaceted arguments. His performance during his meeting with the House GOP two weeks ago should provide all the evidence we need for that.

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Read the entire article by Andrew Leonard @ Salon

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Filed under Bad Journalism, Banking, Barack Obama, Blogging, Capitalism, Democrats, Economy, Free Market, Media and Entertainment, Money, News, Opinions, Partisan Politics, Politics, Pres. Barack Obama, Presidents, Republicans, Uncategorized

Think Progress Makes It’s Mark

Judged by the standard of influencing the conversation, Think Progress is flourishing.’~Politico

The 44D’s just wanted to take a moment and celebrate the blogger’s at ThinkProgress and the TP community. It’s not often that the MSM gives blogger’s recognition for all the hard work they do, even when they use blogger’s reporting in their own stories. Today, hopefully will mark a turning point in that behavior, and investigative blogger’s will earn the respect they so genuinely deserve.

Thank you TP for providing both excellent reporting and a place for honest political discussion.

thinkprogressmakesitmark

Politico/Daniel Libit—Can a liberal blog launched in the midst of the Bush era – a blog that once obsessed over Alberto Gonzales, Donald Rumsfeld, Karl Rove and the outing of Valerie Plame – still make its mark in the age of Obama?

In the case of Think Progress, the answer so far is yes.

Since January, the online arm of the Center for American Progress Action Fund has embraced its new role as the pin to prick the air out of Obama opposition — largely by offering up evidence that powerful Washington interests are fertilizing grassroots conservative anger.

In April, Think Progress was the first to highlight former House Majority Leader Dick Armey’s dual role as a lobbyist for a pharmaceutical company at DLA Piper and as the chairman of FreedomWorks, which has helped organize grassroots attacks on health care reform.

In the media uproar that followed, Armey quit his DLA Piper job and Editor Faiz Shakir says the controversy called into question whether the movement against the president was astroturfed.

In the ensuing months, Think Progress’s trackers and bloggers have tried to make that point with videos and posts that undercut the opponents of President Barack Obama’s agenda.

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