Author Topic: Fannie and Freddie: Exposing the Media Hypocrisy  (Read 215 times)

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Offline Screwbolts

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Fannie and Freddie: Exposing the Media Hypocrisy
« on: January 08, 2010, 02:29:27 AM »
I just got this from a friend. Enjoy


From the Desk of:
David Martin, Executive Vice President 
 
MEDIA RESEARCH CENTER
1/7/2010




Where’s the OUTRAGE? The President and the media have been railing against private companies all year for taking taxpayer money and then handing out big bonuses to executives. Yet when the government does this … silence! Where is the liberal media? Why aren’t they outraged by this?

What happened:

While visions of sugar plums danced in our heads on Christmas Eve, Obama’s Treasury Department was busy handing out $42 million in cash to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac.

And there was barely a peep out of ABC, CBS, and NBC!

The MRC’s Business and Media Institute (BMI) put this all in perspective. Click here for the full story.

But Albert, it gets worse … much worse.

In a move to ensure government control of these firms for the duration of Obama’s term, the Treasury Department also lifted the cap on how much taxpayer money can be funneled into Fannie and Freddie. They essentially have an unlimited line of credit!

Albert, these are the same two institutions that were key players in the U.S. housing meltdown — backing billions of dollars in bad loans, while cronies made millions of dollars cooking the corporate books and running the institutions into the ground. The American people have already contributed over $100 billion to keep both of them afloat.

And the liberal media have acted like these stealth announcements are no big deal. This, after a year of intensely berating private financial institutions for their reckless actions and greedy ways and demanding that executive bonuses be stopped!

Can the media’s hypocrisy be any more outrageous or blatant?

It’s bad enough that the Obama administration tried to sneak these two announcements through on Christmas Eve. But it’s worse that we can’t rely on the so-called “news” media to tell the public what’s going on.

+ + Demand the Liberal Media Report This Story!

The Media Research Center is calling on all Action team members to flood network executives with a sea of tens of thousands of e-mails and phone calls, demanding they report the FULL story — holding the government to the same standards they hold private companies to.

Please click here to immediately access our e-mail form, along with key phone numbers of top media executives from ABC, NBC and CBS – these are individuals who NEED TO BE HELD ACCOUNTABLE FOR THEIR OBVIOUS BIAS!

We can’t let them get away with this. We can’t allow the liberal media to continue to serve as cheerleaders and protectors of the administration!

Click here to take action now.

Albert, we are also depending on you to alert your friends and family to this latest media outrage.

After sending your e-mails and making your calls, forward this message to 30-35 friends encouraging them to read our special BMI report and take fast action with you by clicking here!

As always, thank you in advance for answering our important call to action.



David Martin


P.S. Each week, the MRC’s Business and Media Institute publishes The Balance Sheet, reporting on the biggest business and economic stories that affect you. They then highlight how the liberal media spin and distort these stories to push a leftist agenda. Please consider signing up for The Balance Sheet, so you can have this valuable information sent directly to you each week. Click here to sign up now.



+ + Help the MRC maintain its frontline position in the battle to expose and neutralize liberal media bias by making a tax-deductible gift today.





This is the site:   http://www.mrcaction.org/548/email_form.asp?CID=548&RID=22728609


Ken






Ken
Central NY

ΜΟΛΩΝ ΛΑΒΕ

All The “Rat Bastards” In DC Know Obama Is Not Eligible

Boolitz = as God laid it into the soil,,grand old Galena,the Silver Stream graciously hand poured into molds for our consumption.

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