I was watching The Daily Rundown on MSNBC this morning. Their lead story was wall street reform. They had their washington correspondent, who is supposed to be a true reporter, reporting on the republican opposition to the bill. He said that the republicans are against it because of bail out provisions in the bill. In addition I was watching a local NBC affiliate before that and their report also explained republican opposition this way. These were not part of commentary, these were actual news reports.
Why does our media work in such a way that if a republican makes something up they repeat those lies without pointing out that they are inaccurate or outright false? By explaining that republicans are against this bill because of bailout provisions they simply not telling truth, these are not bailout provisions.
This is what the business dictionary defines as a bailout:
A bailout is an act of giving capital to an entity (a company, a country, or an individual) in danger of failing in an attempt to save it from bankruptcy, insolvency, or total liquidation and ruin; or to allow a failing entity to fail gracefully without spreading contagion.<1>
With this bill the entity in question would not be saved from bankruptcy, the entity would be disolved. And none of this money would come from the government. Yet the media repeats this lie without actually pointing any of this out. I am so sick of these assholes.
I mean look, all you have to do is go to factcheck.org:
http://factcheck.org/2010/04/the-bailout-bill/Do these so called "reporters" not have a thing called the google? Or do they know they are lying to the american people, and they simply don't care? This is one of those rhetorical questions.
/end daily rant