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Wednesday, February 16, 2011

Obama's Media Machine: State Run Media 2.0?

Full Article Here
By DEVIN DWYER
ABC NEWS 
As the 2012 presidential campaign kicks into gear, President Obama's White House media operation is demonstrating an unprecedented ability to broadcast its message through social media and the Internet, at times doing an end-run around the traditional press. 

...

But while these innovative communications tools ostensibly offer greater transparency and openness, critics say they have come at a troublesome expense: less accountability of the administration by the independent, mainstream press. 

Over the past few months, as White House cameras have been granted free reign behind the scenes, officials have blocked broadcast news outlets from events traditionally open to coverage and limited opportunities to publicly question the president himself. 

Obama's recent signing of the historic New START treaty with Russia and his post-State of the Union cabinet meeting, for example, were both closed to reporters in a break with tradition. And during a recent question and answer session with the president and visiting Canadian Prime Minister Stephen Harper, the White House imposed an unusual limit of just one question each from the U.S. and Canadian press corps. 

"The administration has narrowed access by the mainstream media to an unprecedented extent," said ABC News White House correspondent Ann Compton, who has covered seven administrations. "Access here has shriveled." 

Members of the press have always had quibbles with White House media strategies, calling cut-backs in access an affront to transparency, even as administration officials insist they're simply taking advantage of new technologies. 

But some say the current dynamic is different, and dangerous.


"They're opening the door to kicking the press out of historic events, and opening the door to having a very filtered format for which they give the American public information that doesn't have any criticism allowed," said University of Minnesota journalism professor and political communication analyst Heather LaMarre....

Sunday, February 13, 2011

Fannie, Freddie bailout: $153 billion ... and counting

CNN Money
By Chris Isidore, senior writer


NEW YORK (CNNMoney) -- When the dust settles, the federal bailout of Fannie Mae and Freddie Mac will be the most expensive government rescue of the financial crisis -- it already stands at $153 billion and counting.

Even as the Obama administration unveiled its plan for reforming the firms, experts agree taxpayer losses are going to continue to climb, no matter what Congress eventually decides to do with them.

For the full article click the link above

Saturday, February 12, 2011

Arizona Governor Countersues Federal Government

Feb 10, 8:13 PM (ET)
 

By JACQUES BILLEAUD



PHOENIX (AP) - Gov. Jan Brewer sued the federal government Thursday for failing to control Arizona's border with Mexico and enforce immigration laws, and for sticking the state with huge costs associated with jailing illegal immigrants who commit crimes.

The lawsuit claims the federal government has failed to protect Arizona from an "invasion" of illegal immigrants. It seeks increased reimbursements and extra safeguards, such as additional border fences.

Brewer's court filing serves as a countersuit in the federal government's legal challenge to Arizona's new enforcement immigration law. The U.S. Justice Department is seeking to invalidate the law.


"Because the federal government has failed to protect the citizens of Arizona, I am left with no other choice," Brewer said as sign-carrying protesters yelled chants at her and at other champions of the immigration law.

READ THE FULL ARTICLE HERE

OBAMA ADMINISTRATION PLANS CAMPAIGN TO 'STRENGTHEN' UN...

Susan Rice, the U.S. ambassador to the United Nations, will argue in a major address Friday evening that the nation should “strengthen” — not “starve” — the world body.
The address is the first in a series of speeches — to continue this spring — making the case to the American people for why the U.N. matters to national security, and detailing how it is being improved. The ambassador will be speaking to the World Affairs Council of Oregon in Portland. 

“The U.N. provides a real return on our tax dollars by bringing 192 countries together to share the cost of providing stability, vital aid and hope in the world’s most broken places,” Rice said in prepared remarks.
“Because of the U.N., the world doesn’t look to America to solve every problem alone. … We’re far better off working to strengthen the U.N. than trying to starve it — and then having to choose between filling the void ourselves, or leaving real threats untended.”


Read more: http://www.politico.com/news/stories/0211/49319.html#ixzz1DlY4aQI4

VIDEO: Obama addresses U.N. - Sept. '10

Friday, February 11, 2011

A Military Coup in Egypt

http://news.yahoo.com/s/ap/ml_egypt

Democracy protests bring down Egypt's Mubarak

CAIRO – Fireworks burst over Tahrir Square and Egypt exploded with joy and tears of relief after pro-democracy protesters brought down President Hosni Mubarak with a momentous march on his palaces and state TV. Mubarak, who until the end seemed unable to grasp the depth of resentment over his three decades of authoritarian rule, finally resigned Friday and handed power to the military.

"The people ousted the regime," rang out chants from crowds of hundreds of thousands massed in Cairo's central Tahrir, or Liberation, Square and outside Mubarak's main palace several miles away in a northern district of the capital.

Read the entire article publish by Yahoo! News at the link above

IMF Calls for Dollar Alternative

NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.


The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system. 

 http://money.cnn.com/2011/02/10/markets/dollar/index.htm

This is quite sad really...  CNN Money pretty much feeds you propaganda about this move and it just makes me sickProbably the reason they are fighting for 3rd place in the cable news world and succeeding!

But regardless, this is quite scary to see unfolding.  Say good-bye to state sovereignty.