Posted on 09/30/2008 11:07:05 AM PDT by kingattax
WASHINGTON, September 30, 2008The Wall Street bailout has been the subject of more one-sided media coverage than Barack Obamas campaign, Accuracy in Media editor Cliff Kincaid said today. The media love Obama and they love this bailout. What they have in common is a desire to massively increase federal government involvement in the economy. But our media wont label it for what it issocialism.
Kincaid, a journalist for 30 years in Washington, D.C., who has written several recent columns about the financial meltdown, added, There is no legal or constitutional basis for the seizure of Americas financial sector by the Treasury Department and the Federal Reserve. What we are witnessing, if the federal takeover goes through, is the destruction of Americas free enterprise system. Whats more, because the bailout constitutes piling more debt on more debt and more spending on more spending, there is no reason to believe it will ultimately succeed.
(Excerpt) Read more at aim.org ...
You don’t say? /s
Really from the media, hollywerid, the public schools, where is it NOT the same across this nation that Americans aren’t bombarded with socialism?
The media love Obama and they love this bailout. What they have in common is a desire to massively increase federal government involvement in the economy. But our media wont label it for what it issocialism.
Include FOX News please.
This ‘economic crisis’ has been in the works and carefully planned for many years by the socialist who control the Congress.
They know this is the last best chance to create a socialist state out of America, their stars are aligned with obama being the final nail driven home when in November.
include President Bush
yep
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