Tuesday, November 24, 2009

Allies in TruthSeeking

Sometimes, I do feel somewhat alone here on this blog, trying to seek out the truth and facts from the lies and spin.  So it is a blessed relief to find that I have some support out there from websites like politifact.com and factcheck.org.

PolitiFact is the home of the Truth-o-meter, as seen on CNN International’s Political Mann.  It comes from the St Petersberg Times from St Petersburg, Tampa Bay, Florida.  They fact check statements that come out of the mouths of politicians, lobbyists, pressure groups, and the propoganda that gets sent out in leaflets and chain e-mails. 

FactCheck comes from the Annenberg Public Policy Centre of the University Of Pennsylvania.  The centre is funded by The Annenberg Foundation, who are also a co-funder of the PBS programme “Washington Week”.

Please visit the above links, as we all together will work towards keeping the politicians honest.

Thursday, October 22, 2009

Keith Olbermann: Healthcare reform

I only just spotted this but recently, Keith Olbermann on MSNBC’s Countdown devoted an entire programme to the healthcare reform debate that is consuming America’s politicians, politicos and those with an interest, which is in reality, everyone.

The video I am posting here is of the full programme, minus commercials, all 43 minutes of it.  You might not want to take it all in in one sitting, it took me two.  But I implore everyone to watch this, if you haven’t already, or indeed watch it again.  Because there are certain inexorable inalienable truths that Keith exposes in this Special Comment, and it is worth watching if even just for that.

Visit msnbc.com for Breaking News, World News, and News about the Economy

I will have some things to say myself soon on this, and I hope you will listen with open ears, open mind and open heart.

Monday, February 23, 2009

Exiled from business reality, it would seem.

I have a lot of respect for the blog "Crooks And Liars". John Amato and team do a wonderful job of highlighting those who are not in touch with reality, and this time they've done it again; only not quite the way they probably thought.

The entry they highlight is from something called "The Exiled" It seems to try and present itself the same way the Huffington Post does, as an internet newspaper. However, this piece that Crooks and Liars highlighted is nothing more than an uninformed rant.

The Truthseeker knows things that apparently this uninformed buffoon doesn't seem to. Here's what he said in his piece...

"Today, Drudge and the rightwingers are going crazy red-alerting CNBC’s Rick Santelli as some kind of righteous anti-Obama freemarket revolutionary. There’s a clip of him standing in the middle of the Chicago Exchange, yelling: “The government is promoting bad behavior! Do we really want to subsidize the losers’ mortgages?!!!! This is America!!!!!” (Does anyone recall Santelli screaming like this over the much larger bailout of his Wall Street friends? Or does he only squeal when regular middle-class Americans get some help?) The big question for Santelli is this: Why does this idiot, who talked about how the global economy was “healthy” and America’s soon would be too, still have a job?

On September 2 of last year, just two weeks before the financial markets crashed and we entered this global depression, he was on the same CNBC program, standing in the same stock exchange, saying that the economy is healthy and that the reason there’s talk of recession is just because the business media was itself in a recession.

Point is: Santelli is a dumbfuck tool who should be fired for misleading his viewers, and sued for all he’s worth for serving Wall Street’s interests against his own viewers’."

So suddenly because the "dredge" report highlights something CNBC's Rick Santelli says, this makes Rick Santelli a fair target? You might as well target everyone who thought the economy was looking good before the crash did happen, cos there were a lot of people who didn't think there was anything wrong.

Oh and by the way, if you want to watch an informed overview of how the crash actually took place, may I suggest you watch the WGBH/PBS documentary "Frontline: Inside The Meltdown". It's a very informative documentary that tells the facts of how rumourmongers caused the whole damn crisis. Just like DAB in the UK has been talked down for a long time by the commercial media, leading to a crisis of confidence in the platform, so the whole US economy was basically talked down, piece by piece, from Bear Stearns onwards. You can watch the whole documentary online, wherever you are in the world.

It doesn't help matters that the entire piece is riddled with factual errors that completely undermine his argument. I've highlighted the errors, so you can see what is truly wrong. He said and I quote...

"...On September 2 last year, just two weeks before the financial markets crashed and we entered this global depression, he was on the same CNBC program, standing in the same stock exchange..."

Standing in the same STOCK exchange??? Rick Santelli reports from The Chicago Board Of Trade, the CBOT. He doesn't report from the NYSE, the AMEX or the NASDAQ, but from the Chicago Board Of Trade. It is NOT a stock exchange. To use the technical term, it is a "bond pit". The CBOT does not trade shares, it trades bonds, corporate and government bonds. You'll often hear the term "yield curve". This refers to the yields on various government bonds, that are most widely watched. The Yield Curve begins at the low end with the 3-month bond, then 6 month, then 1 year, then 2 year, 5 year, 10 year and 30 year government bond. The short end of the curve, 3 month to 1 year, usually yields less than the high end, the 10 year and 30 year bonds. Should that be the other way around, it is the yield curve has been "inverted".

Oh and I know I said that corporate bonds are traded there, and you might say "well, aren't they similar to shares?" Not really. They are bonds, therefore they are promises, a share is a part ownership. However at the moment, the corporate bond market is about as worthless as the stock market, so most bond traders are looking toward the government bond market, as a means of protecting investment value in a falling stock market, also known as a bear market. Such a move from stocks to bonds are often refered to as a "flight to quality". When that happens, you'll usually find the price of Gold rises too, as Gold is another popular "flight to quality" destination.

The bond market has nothing to do with Wall Street, and the stock markets, other than being a popular flight to quality destination for traders. The CBOT is more closely linked to the Federal Reserve and Washington DC, than it is to the stock markets and Wall Street, New York.

Another mistake was this one...

"There’s a clip of him standing in the middle of the Chicago Exchange, yelling: “The government is promoting bad behavior! Do we really want to subsidize the losers’ mortgages?!!!! This is America!!!!!” (Does anyone recall Santelli screaming like this over the much larger bailout of his Wall Street friends? Or does he only squeal when regular middle-class Americans get some help?)"

This shows just how little this idiot actually knows. A quick look at Rick Santelli's profile, shows that he's never traded stocks ever. Derivatives, options, Gold, foreign exchange, but never stocks. Some people seem to use "Wall Street" as a generic term for all kinds of financial market trading. The only things actually traded on Wall Street, where ONLY the NYSE is based, is stocks. The NASDAQ is actually based in Times Square, New York, whilst the American Stock Exchange (AMEX), now known as NYSE Alternext US (heck, I still prefer calling it the AMEX), is actually based in Trinity Place. This kind of lazy use of terminology is what creates a false idea of what actually happens. In situations like this, facts and truth are what you should looking for.

Remember, CNBC is NOT Fox Business. Fox Business is where you find business news for the Republican audience, CNBC have been around for 20 years, and some of their crew were involved in FNN, which started back in 1981. They know their stuff, and are a trustworthy, credible source. DO NOT confuse them with someone like Fox Business. It seems that FOX wanted people to start questioning the credibility of CNBC by deliberately politicising the idea of business news. Please do not fall for this, it is how they worked their way into overtaking the much more credible CNN back in 2001, and they are trying to do same again to CNBC in business news. Do not fall for the same trick twice!

Monday, May 19, 2008

O'Reilly vs Olbermann. The feud heats up

Okay, so this feud between Bill O'Reilly and Keith Olbermann has now exploded all over the internet. Both TV Newser and Inside Cable News are all over this story, and especially the article written by Howard Kurtz in the Washington PostNewsbusters has the story as well, Murdoch's US newspaper, The New York Post has also weighed in and not surprisingly, Olbermann Watch has spun the story so hard, that they think they're about to acheive orbit!

Unfortunately, none of them have hit the target!  Most of them get close, but like a bad marksman, they cannot hit the bullseye!   They haven't realised what has really been going on.  Allow the TruthSeeker to explain.

Bill O'Reilly has made a career at Fox News Channel out of presenting himself as part of some no-spin zone.  In reality, he's spinning the items in his show to favour right wing thinking, not necessarily the Republicans, but right wing thinking in general.

Like most people who have a conservative/right wing mindset, Bill O'Reilly is incapable of admitting he ever makes a mistake.  It is part of the conservative/right wing mindset to blame someone else for their error, even when it is their fault exclusively, they will blame someone else, just because they refuse to ever blame themselves.

You will occasionally see or hear an apology from some conservatives for some of the really dumb things they have done, but not every time, and in all the times I have watched Bill O'Reilly's programme, I don't think I've ever seen him issue an apology on his show.

Keith Olbermann on the other hand, when he has made a mistake on air, has apologised on air.  In fact, he's even awarded himself some bronze medals in his "Worst Person In The World" segment for doing so.  The Bill O'Reilly equivalent would be to see Bill call himself a pinhead in his "Pinheads and Patriots" segment, for something like the "Malmedy" incident when he got the details mixed up twice!  But there was no apology then, just an attempt at a get out of jail free card!  And Bill O'Reilly has never called himself a pinhead.

Now, I said most of them got close, but kept missing the reality.  Here's why.

The New York Post rightly pointed out that...

"...Olbermann walked out of MSNBC years ago in a huff after also blowing up at ESPN, so TV insiders are curious if this recent behavior is a sign that history will repeat itself."

But, they also say that...

"...Olbermann recently encouraged management to oust the cable channel's lone conservative, Tucker Carlson, and it's also no secret among producers that Olbermann refuses to introduce Dan Abrams' show, which follows his own."

Those statements cannot be backed up by any independent source.  Also, please note, that the New York Post belongs to the same News Corporation that Fox News Channel belongs to, so if there was a definite dirty tricks campaign eminating from Fox, the New York Post would be an obvious outlet.

Now to Inside Cable News, which is one of my favourite blogs, and Spud, who runs that has a lot of respect from me, for going against the corporate spin that eminates out from the corporate news operations in New York and DC.  But this time, he's missed the mark.  His commentary on the Washington Post story began thusly:

"...The problem for NBC is that Bill O’Reilly has become as adept and skilled at distorting and misrepresenting NBC and GE as Keith Olbermann is at distorting and misrepresenting O’Reilly and Fox. It was all fine and dandy for NBC when it was just O’Reilly and anything Murdoch getting beat up. But now that it’s a two way street, NBC is whining."

This sounds like something out of an O'Reilly Talking Points Memo, or something Fox News' anti-Keith Olbermann specialist John Gibson might come up with.   Spud fails to mention that Bill O'Reilly has always been adept and skilled at distorting and misrepresenting people, organisations and companies he didn't like.  But from what I have seen of Countdown with Keith Olbermann, Keith hasn't misrepresented anything Bill O'Reilly has said.  In fact, he's been very specific with quotes from the mouth of Bill O'Reilly himself.  Bill O riles against what he sees as "hate speech from the left", but rarely ever touches on the mass of right wing hate speech that comes out from people like Ann Coulter, Rush Limbaugh, Michael Savage and many other right wing talk show hosts and columnists continue to spout on an almost daily basis.

And by the way, Keith Olbermann is the only so-called "left wing loon" that Bill O'Reilly never has mentioned by name, on air.  Not once.  Yet he's happy to name the likes of Rosie O'Donnell, Al Franken and many others.  Instead of directly challenging his opponent, he shoots all around him, at every other target possible closely associated with Keith Olbermann, hoping that one of those damages Olbermann too, but as before, like a bad marksman, he keeps missing the target.  He needs to refocus on dealing with Keith more directly, then he'll look like less of a coward.

Basically, Bill O'Reilly can stop this feud immediately, by stopping lying to his viewers.  He can stop the distorting, the misrepresenting, and start dealing in facts and truth, not lies and spin.  His so-called "No Spin Zone" is spinning so fast, the centrifugal force inside it must be close to fatal levels!!!

But as I pointed out earlier, those of a right wing mindset, will never admit they've made a mistake, so Bill O'Reilly and his so called "No Spin Zone" will end up spinning so fast that it will end up destroying The O'Reilly Factor and Fox News with it.

Friday, May 9, 2008

O'Reilly's Factor Fix-Up against GE.

Bill O'Reilly is known for sending out Jesse Waters, his little "producer" to events where the presence of Bill O himself would bring up red flags.  So, O'Reilly sent the producer to cover GE's shareholder meeting.

It was not hard to find shareholders at the meeting who disapprove of GE conducting any business in Iran, although GE has not done business directly with the country's rulers.  GE's customers have been European oil and gas companies with operations in Iran.

Also at that meeting, an investor in GE, Dr Tom Borelli of the Free Enterprise Action Fund (US ticker symbol FEAOX) confronted GE CEO Jeffrey Immelt about doing business in Iran.  Please note, you only heard the confrontation on O'Reilly's show, you couldn't see it, because, just as at so many other shareholder meetings, no recording devices are allowed, so Fox News broke that rule.

But The Factor didn't tell you everything about Dr Tom Borelli, who also was O'Reilly's guest on the segment.  From doing a little research, it turns out that Dr Tom Borelli has some very interesting history.  Back in 1990, he was Director of Corporate Scientific Affairs at Philip Morris, the tobacco company.  He was amongst the group of people who were constantly trying to tell us that smoking wasn't bad for us, and there was no danger from second hand smoke. 

Tom Borelli also writes for some conservative political websites, such as TownHall.com and Human Events.  In other words, Dr Tom Borelli is a political animal with more than a little interest in doing business with Fox News and Bill O'Reilly against GE.

The segment is embedded below.

 

Saturday, April 19, 2008

Right Wing Media heading for the asylum!

Is it just me or is the right wing media currently collectively heading off the cliff like a bunch of lemmings?

We all know that Fox News Radio's John Gibson (and that's his only gig currently, because his Fox News Channel programme, The Big Story, has been sidelined due to continuing election coverage) has a bias against Keith Olbermann, but I notice just recently, via the OlbermannWatch YouTube channel, a minor league talk show host in the states called Mark Levin get in on the act recently, refering to MSNBC as "MS-LSD".

LSD, as in the drug, you know, the one that causes 'trips' as they're known. Mark Levin is suggesting that the whole MSNBC network is basically on one big hallucenagenic trip!

All the common Republican talking points also came out, such as NBC being in the pay of the Democrats, such as Media Matters being a George Soros front group, and that Olbermann gets his talking points from the Daily Kos blog. It's like they hope we haven't noticed that a lot of their talking points come direct from the Republican party, and the Bush Whitehouse. It's been widely reported that Conservative talk radio hosts have regularly been invited up to the Whitehouse for briefings during this Bush presidency, a presidency that has made a joke out of the United States of America.

This kind of partisan hackery and propoganda has got to STOP! It does nothing for the political process, and brings an already disreputable American media only further into disrepute and shame. Is it any wonder that more and more Americans are choosing to look outside their borders for reputable news sources. The American media had better get its act together and realise we live in a global village, and the kind of partisan propoganda that is spewed by the American media is going to only further drive people away from American media to overseas media. It's time they listened and learned. I won't hold my breath waiting...

Friday, April 11, 2008

Bill O'Reilly tries to link Phil Donahue to Barack Obama, via George Soros and MoveOn.org!

It's a long title for a post, but the latest column from Fox News Channel's bloviator-in-chief Bill O'Reilly is perfectly summed up by that title.

Bill O'Reilly is basically criticising Phil Donahue for being the producer and director of a film currently on limited release in the US, called "Body Of War". He remembers facing off against Phil on ABC News Good Morning America back in late 2001.

"...Back then, Donahue was routed by public opinion and retreated to his compound in Connecticut to lick his wounds. But after a period of quiet, the left-wing zealot is re-energized by the mismanaged Iraq war. To paraphrase Austin Powers: Phil has his mojo back.

Now, what Phil Donahue thinks is not important in the grand scheme, but what Barack Obama thinks is, and there may be some intersection here..."

Now those paragraphs above are the first set of key paragraphs in his column. He tries to link Phil Donahue to Barack Obama, and a rather shabby attempt it is too.

But wait, the shabbyness doesn't end there...

"...Recently, a far-left radio guy called John McCain a "warmonger" at a Democratic event in North Dakota. The senator was on the scene, but did not make a comment.

Since Senator McCain immediately chastised a far-right talk show host who insulted Obama at a McCain event, some believe Obama might have been smart to return the favor.

But, again, he did not..."

Perhaps he felt that to chastise the 'far-left radio guy' would have been giving him more creedence than he deserved. Without hearing it first hand, it's difficult to know or even guess what would have been going through Obama's head at that time. Never stops a conservative from trying though!

But even now, he is not done, cos then he tries to go even further and link both Donahue and Obama to George Soros and MoveOn.org, who O'Reilly claims are financially linked.

"...I believe the reason Senator Obama avoids criticizing the far-left is because he needs it. Phil Donahue's strongest ally in denouncing the U.S. action in Afghanistan was MoveOn.org, the organization that is now helping Barack Obama raise records amounts of campaign money.

MoveOn, of course, has received millions from far-left billionaire George Soros, who is a huge supporter of a "one world" foreign policy that demands the USA seek world approval before any aggressive action against another country.

It would be unfair to link Barack Obama's foreign policy vision to that of Donahue and Soros because we simply don't know what the Senator's overall world view is..."

It has been said many times before but I'll say it again. George Soros does not directly fund MoveOn.org. Bill O, your own graphic which you put up on the Factor some time ago, to try and claim that he did proved conclusively that he did not directly fund MoveOn.org. Yet you continue to vent this spiel as though it is fact. The TruthSeeker has caught you out!

Note that last quoted paragraph there. The whole of the article before then is spent linking Obama with Donahue, Soros and MoveOn.org, then says it would be unfair to do so. Pure hypocritical, fraudulent, schmuck!

Saturday, January 26, 2008

The Daily Mail and BBC bashing.

Every independent media commentator knows that the Daily Mail is a conservative newspaper with a well established line in BBC bashing. I have previously documented myself just how desperate the Daily Mail is to discredit the BBC at EVERY opportunity. But this is scraping through the bottom of the barrell, and trying to dig through the mud and slurry beneath it.

Someone at the Daily Mail noticed that several BBC correspondents are wearing jackets from The North Face. Apparently, the brand has been spotted at the World Economic Forum as sported by Economics Editor Evan Davis and Breakfast's Business guru Declan Curry, as well as at several other locations.

Here's what the TruthSeeker says. Who gives a damn what they are wearing! This has as much to do with the news as Emily Maitliss showing "too much leg", and Katie Derham wearing a leather jacket, in other words, a whole load of NOTHING! What they wear has nothing, I repeat, N, O, T, H, I, N, G, nothing to do with the content of the newscast or report. The Daily Mail proves once again that their super-silly superficialness has blinded them to reality, and Paul Dacre, who is the Editor over there should take a long hard look, and remember to AVOID subjects like this one in his newspaper. He and his newspaper should be reporting the news, you know, like the political situation in Pakistan, or the US presidential election, not reducing his paper to reporting banal, uninteresting, boring, superficial material like this, which doesn't even deserve to be called a news story.

When I was learning journalism, I learned that for a story to be regarded as NEWS, it had to be important; have a material impact on the audience in terms of their earnings or spending power or similar, provoke an emotional reaction. This did none of those in regards to the story. It provoked me into another rant at ANOTHER newspaper for reporting a non-news story. I want to read news, not trivia, in a newspaper. The trouble is the tabloids and the celebrity magazines all seem to think that news is reporting the most insignificant detail you can find about an origanisation or celebrity, and then blow it up into a massive headline on the front page, out of all proportion. I think it's time some egos in the newspaper industry woke up to the reality of the world around us like the rest of us do, rather than staying cosied-up in their sanitized, politicised comfort zones.

Saturday, November 17, 2007

Rudy Giuliani's revision of history.

The presidential campaign in the United States of America is almost a year old, and their is almost a year to go, but already the candidates have clearly marked their territories. Rudy Giuliani has marked out his territory and it is basically the same territory that Bush has marked out for himself since September 11th 2001.

He marked it out clearly, in no uncertain terms, at a Lincoln Day dinner back in April by saying and I quote...

“If any Republican is elected president — and I think obviously I would be best at this — we will remain on offense and will anticipate what (the terrorists) will do and try to stop them before they do it... But the question is how long will it take and how many casualties will we have. If we are on defense, we will have more losses and it will go on longer.”

It was a speech which had the result of angering decent human beings, and managing to make Republicanism look colder than Winter in Stalin's Soviet Union. He proved beyond reasonable doubt that he was not in touch with the reality that faces us all.

But now, after a speech last night to The Federalist Society, a group of ultra conservative legal eagles, that America had a divine right to be the world's policeman by proclaiming...

"It was this nation that saved the world from the two great tyrannies of the 20th Century--Nazism and communism. It's this country that is going to save civilzation from Islamic terrorism.''

Rudy Giuliani has now gone from being proved wrong beyond reasonable doubt, to being wrong, beyond a shadow of a doubt!

First of all, America had very little part in combatting the Nazis in World War 2. The British government of Neville Chamberlain declared war on the Nazis on September 3rd 1939, after the Nazi invasion of Poland two days earlier. Prime Minister Chamberlain spoke on BBC Radio just after 11am...

"I am speaking to you from the Cabinet Room at 10 Downing Street.

This morning the British Ambassador in Berlin handed the German Government a final note stating that, unless we hear from them by 11 o'clock that they were prepared at once to withdraw their troops from Poland, a state of war would exist between us. I have to tell you now that no such undertaking has been received, and that consequently this country is at war with Germany."

Later that same day, US President Franklin D Roosevelt made the following statement, which clearly and unambigously set out the American position.

"...You must master at the outset a simple but unalterable fact... When peace has been broken anywhere the peace of all countries everywhere is in danger. It is easy for you and for me to shrug our shoulders and say that conflicts taking place thousands of miles from the continent of the US and indeed thousands of miles from the whole American hemisphere do not seriously affect the Americas and that all the United States had to do is ignore them and go about its own business.

Passionately though we may desire detachment we are forced to realise that every word that come through the air, every ship that sails the sea, every battle that is fought, does affect the American future.

Let no man or woman thoughtlessly or falsely talk of America sending its armies to European fields. At this moment there is being prepared a proclamation of American neutrality...

This nation will remain a neutral nation. But I cannot ask that every American remain neutral in thought as well."

America CHOSE not to enter the war. They CHOSE to avoid all combat for over 2 years. Then, war was thrust upon them, not by the Nazis, but by the Japanese.

December 7th 1941 was the date, when the Imperial Japanese Navy launched what they considered a "preventative strike" against the United States Pacific Fleet base at Pearl Harbor in Hawaii. The intent behind the strike was a simple one, prevent the United States coming into the war and protect Imperial Japan's advance in Malaya and the Dutch East Indies, or Indonesia, as it is now known.

The result, on the other hand was just the opposite. Instead of keeping America out, it drew them in. The attack, occuring BEFORE a formal declaration of war, shocked not only the American people, but most of the world. It forced the American government's hand. No longer could they stay neutral, but defensive. No longer could they stay isolated in a war that was truly threatening to pull every nation in the world into it. They had to come into the war, and they had to side against the Japanese, and by association, against the Nazis.

The Americans defeated the Japanese, and did aid The British, The Russians, most of the British Empire and most of Europe in defeating the Nazis, but do not overstate America's role, Mr Giuliani. You were late, ad you aided, but you were not the decisive factor in the war. Russia's involvment could equally be called decisive, because it meant the Nazis were caught in an allied pincer movement. America, the UK and the various European resistance movements on one side, and the great Russian bear on the other. Once that happened, the result was always inevitable.

And as for Communism, the "other great tyranny America defeated", nothing could be further from the truth.

Put bluntly and simply, Communism in Europe defeated itself. It imploded on itself.

It was a revolt basically by the people who lived under communism that defeated it in Eastern Europe, topped off by the fall of the Berlin Wall in 1989.

But Communism is not defeated. It exists to this day on your doorstep, America, in Cuba, which has caused you no end of political grief. And of course it continues in North Korea. So no, Communism has not been defeated, and certainly, America hasn't defeated it, or Cuba would have been a Democracy ages ago.

I, the TruthSeeker, have had to make these points clear here, because I know that few others will. CBS News didn't in reporting the comments in Friday's Campaign Notebook. Fox News certainly will not, because they support Mr Giuliani.

I hope Keith Olbermann will, on MSNBC's Countdown with Keith Olbermann. There's too much spin in the media these days. It's time someone started telling the truth. So far, that person is me.

Thursday, November 1, 2007

Press TV highlights Crimes Of Bush site. Hmmm...

It's no surprise that Press TV would highlight this, as Iran and the USA are not exactly the best of friends. But on preliminary investigation, something doesn't quite ring entirely true here.

The site is in two languages. English and Persian. And, there is a long list of "crimes" on the Crimes Of Bush site, which will all require some serious fact checking.

The TruthSeeker is interested, and beginning the serious investigation. When I have more, I will report back.