Right-Wing Radio Successfully Gets ABC’s Jake Tapper To Take Up Its Attack Against Obama Right Wing Radio Pushes False Attack On Obama
Right-Wing Radio Successfully Gets ABC’s Jake Tapper To Take Up Its Attack Against Obama Right Wing Radio Pushes False Attack On Obama
Last week, in an appalling show of corporate greed, “a small group of speculators” sank the Obama administration’s proposed Chrysler deal for just “an extra fifteen cents on the dollar.” The selfish greed of the hedge funds may, however, have produced a good result by forcing Chrysler into the bankruptcy process.
The New York Times reported on Friday, “whatever the outcome, this bit of brinkmanship — which many characterized as a game of chicken with Washington — has become yet another public relations disaster for Wall Street.” But instead, this story of corporate greed has now been turned into a right-wing attack on President Obama. Here’s how it happened in three simple steps.
Step 1: Right-Wing Radio Gives Corporate Hedge Funds A Venue To Attack Obama
In an interview with Detroit-based conservative talk show host Frank Beckmann on Friday, Tom Lauria — a corporate lawyer representing the hedge funds calling themselves the Committee of Chrysler Non-Tarp Lenders — alleged that one of its members, the investment firm Perella Weinberg, was “directly threatened by the White House” if it did not cooperate with the Obama’s administration’s rescue plan. (Perella was Rahm Emanuel’s former investment partner.)
Lauria claimed that Perella withdrew its opposition to the government deal because the White House threatened “that the full force of the White House press corps would destroy its reputation if it continued to fight.” (Listen here.)
Step 2: Right-Wing Pressures White House Reporters To Take Up Its Attack
After the story was cooked up by right-wing hate radio, it was peddled to members of the White House press corps, at least one of whom took the bait. On his radio show on Friday, right-wing talker Mark Levin discussed Lauria’s claims against Obama, and then called on his listeners to pressure the White House press corps — specifically ABC’s Jake Tapper — to report the story:
LEVIN: Somebody needs to pursue what’s going on in the White House behind the scenes! And stop playing games and making nice! American citizens — whatever walk of life they’re in — should not be threatened by the White House! Should not be told we’re going to drag you through the mud with the White House press corps! So confident is the White House that they have the White House press corps wrapped around their little finger! Maybe Jake Tapper will take a look at this. Ask that doofus — Gibbs.
Listen here:
Levin works for the ABC Radio Networks. Tapper works for ABC News.
Step 3: ABC’s Jake Tapper Picks It Up, Drudge Promotes It
A day after Levin’s show aired, ABC’s White House correspondent Jake Tapper gave the right-wing attacks the platform they were looking for. Tapper reported, “A leading bankruptcy attorney representing hedge funds and money managers told ABC News Saturday that Steve Rattner, the leader of the Obama administration’s Auto Industry Task Force, threatened one of the firms.” After Tapper reported it, Drudge linked to his story and helped give it further amplification:
Both the White House and Perella Weinberg have released statements to ABC News denying the accusations made by Tom Lauria and the right-wing echo chamber. Bottom line: the right wing has morphed a story of corporate greed into a false political attack against Obama.
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A coordinated attack on a Democrat by Reichwing radio and Drudge. Quel surprise!
Aimed at the 20%ers who already hate Obama. Net sum gain = zero.
PEACE
May 4th, 2009 at 9:53 amA-maz-ing! I think a little man called Hitler, used this thing called propaganda? hmmmmm……
May 4th, 2009 at 10:01 amNot a huge surprise, this is the same group that points at language in the budget bill, meant to help refugees in Palestin as “funding Hamas”. Based solely upon this language http://www.facebook.com/ext/share.php?sid=77692199299&h=CCtfe&u=OgcRk&ref=nf
May 4th, 2009 at 10:03 amJake Tapper and his cohorts are wired Republican.
May 4th, 2009 at 10:09 amDisney (ABC Parent Company) lies? Next you’ll tell me that the sky is blue and water is wet!
May 4th, 2009 at 10:09 amLauria claimed that Perella withdrew its opposition to the government deal because the White House threatened “that the full force of the White House press corps would destroy its reputation if it continued to fight.”
Since when does the White House control the White House press corps? And seriously, what is the White press corps capable of destroying, other than a tray of bagels?
Are they really this desperate?
May 4th, 2009 at 10:09 amand if Drudge reports it, it is automatically suspect.
May 4th, 2009 at 10:09 amThose poor hedge fund managers. They deserve a tax cut. It’s not right that they only pay a fraction of what working stiffs pay. Heck, we should all chip in and buy each one of them something, a small country of their own perhaps.
Seriously though, if the hyper-rich face no accounting for running a fraud scheme on America and then blackmailing the government into paying for all of it, then they will simply continue to pillage the wealth of the nation.
May 4th, 2009 at 10:10 amJust another Monday, throw some crap at the wall and see if it sticks until Friday…P.B. & J
May 4th, 2009 at 10:11 amHate Radio building Strawmen comes as no surprise to Progressives.
Tapper, you’ve been pawned by Cancervatives; how’s that working for you?
Next thing you know, Major Garrett will complain about not being allowed to build Strawmen, too!
May 4th, 2009 at 10:16 amShock Claim: The Bush Administration lied to America to start a pre-emptive war while running the economy into the ground destroying the American dream.
RIGHT BACK AT THEM!
Glad TP is here to balance out this lying hate crap.
May 4th, 2009 at 10:19 amRalph,
Your “tray of bagels” crack gets a recommend from me too, but the recommend feature is still sticking on ‘1′
May 4th, 2009 at 10:19 amHow can anyone listen to this SCREECHING VOICED IMBICILE for even a second let alone 1 minute 46 seconds? Furthermore, what a LIAR; just another LIAR! Where the hell was he and the people he is now calling on to investigate the WH when W was in office torturing and abusing throughout the world. Why didn’t anyone investigate W’s DICTATORSHIP which had become the rule in this FREE COUNTRY? Where the hell were they then? And because they HATE OUR BLACK POTUS, they are now coming out of the woodwork to spew more HATE and VILE? Gaad, how disgusting and sickening to hear them ‘pretend’ outrage over NOTHING! Jake is the doofus! Levin is a POISONOUS SNAKE.
May 4th, 2009 at 10:21 amObama was right about this. I think it took guts, and the hedge fund people are just a bunch of greedy guys. He did exactly what he should have. Why should the President of the United States be held hostage by these hedge fund people who are filled with greed?
May 4th, 2009 at 10:22 amJake Tapper is a right wing tool – always has been and isn’t changing, apparently. “Journalists” like him give credence and validity to the right wing smear machine – which is apparently Tapper’s role.
May 4th, 2009 at 10:23 amPeople know what to expect from the likes of Drudge, but ABC trades on its “independent legitimacy.” Disgraceful behavior by ABC and its press tool.
Two words: Limbic brain
May 4th, 2009 at 10:23 amThis “White House bully” meme is also part of a larger theme the Right has been trying to catapult for some time:
May 4th, 2009 at 10:24 amObama is a fascist (when he’s not being a Communist of course) who is using the powers of state to ‘unAmerically’tm CRUSH innocent individuals!
Funny, I feel safer, happier, and more proud to be an American now that Obama is president. The poor feelings I have are due to congresses inability to drop this petty “NO” crap. I’m discussed that our elected officials have been corrupted by greedy rich people and corporations.
When will America wake up?
“United we stand, divided we fall”
All this crap does is divide us. Sad.
May 4th, 2009 at 10:31 amFollow-up to #17…
As compared to Bush’s White House ACTUALLY using executive power and a complicit media to try and crush General Toguba, General Shinsecki, Joe Wilson, Valeria Plame, Don Siegelman and 8 other fired DA-s, whilst on the other hand protecting Scooter Libby, Blackwater, KBR etc.
May 4th, 2009 at 10:32 amSadly, fact-checking is apparently only for journalism, and even that appears to be losing its luster after the election.
I’m all for providing forums for free speech and all, but if people are going to use these forums that they have been given to spew falsehoods and orgasm all over conspiracies, then we need to reconsider talk radio.
Providing freedom of speech sometimes makes it necessary for a freedom from speech. What a thin line we walk.
May 4th, 2009 at 10:38 amIt’s hard to believe those hedge fund operators refused pennies on the dollar–and risked getting nothing.
Frank Capra would have loved that one.
May 4th, 2009 at 10:41 amBottom line: The Hedge Fund lost it’s ass speculating Obama wouldn’t allow Chrysler to go bankrupt.
Hedge Funds: This is your brain filled with Corporate Greed.
May 4th, 2009 at 10:48 am“President Obama singled out Lauria’s clients for criticism when he announced the Chrysler plan on Thursday.
“While many stakeholders made sacrifices and worked constructively, I have to tell you some did not,” the president said. “In particular, a group of investment firms and hedge funds decided to hold out for the prospect of an unjustified taxpayer-funded bailout. They were hoping that everybody else would make sacrifices, and they would have to make none.”
Lauria said the president’s assertion that his clients weren’t willing to make any sacrifice is false. The clients were willing to take 50 cents on the dollar from Chrysler for their debt, he said.
President Obama also said of Lauria’s clients, “I don’t stand with them. I stand with Chrysler’s employees and their families and communities. I stand with Chrysler’s management, its dealers, and its suppliers. I stand with the millions of Americans who own and want to buy Chrysler cars. I don’t stand with those who held out when everybody else is making sacrifices.”
http://blogs.abcnews.com/politicalpunch/2009/05/bankruptcy-atto.html
May 4th, 2009 at 10:50 amJack Tapper – perfect name for bathroom stall buddy.
PEACE
May 4th, 2009 at 10:50 amHedge funds are a euphemism for gambling with other peoples’ money. The profits should be taxed higher than wages, not lower.
May 4th, 2009 at 10:54 am6 ralph the wonder locust Says:
Yes, they really are that desperate. They are desperate and we know there is no low to which they will not stoop in their struggle to regain power.
Frankly, I am more afraid of a Reichwingnutter getting hold of an American made nuclear weapon than I am of Iran getting one.
May 4th, 2009 at 10:57 amin an appalling show of corporate greed, “a small group of speculators” sank the Obama administration’s proposed Chrysler deal for just “an extra fifteen cents on the dollar.”
just an extra 15 cents on the dollar?
since when is a 15% increase a small increase?
have you ever heard of someone getting a 15% raise in a failing company? i sure havent
since when is a 15% increase on a major deal not a huge increase… what is this “just 15 cents on the dollar” nonsense.
shouldn’t the fleecing of the taxpayers be a bigger issue.
May 4th, 2009 at 11:02 amThe Tapper Crapper
May 4th, 2009 at 11:04 amCalavzma, Are you a hedge fund investor or manager? I can’t see defending them otherwise. 15% to a person making 40-60K is nice for sure. Holding out for a 15% increase, at the determent of working Americans, when these hedge funders already have billions is GREED.
Unchecked greed is the problem here. Here’s an assignment for you: Look at Forbes magazine for the top paid people in the world and if your picture isn’t there, you’re fighting the wrong fight.
May 4th, 2009 at 11:15 amSince when does a progressive blog link to Rahm Emanuel’s time as an investment banker, where he made $12 million?
Rahm has a history of playing political hard ball. Knife in the picnic table, chants of “Dead”?
Wake up, TP. The Unitary Executive remains firmly in place. This fight was orchestrated to make the Obama regulatory framework look tough. It’s powder puff.
May 4th, 2009 at 11:22 amNow surprise here…How do you think B.O. and his Teleprompter came up through the ranks in Chicago Gutter Politics. The White House Press has been doing nothing but slobbering knobbers on B.O. and crew since he took office.
B.O. is doing Chicago Thuggery and because one of the mainstream press is swimming against the stream…all of you got you’re panties in a wad over it. Could it be you are worried that more reporters will have the guts…to expose this fraud…for what he really is…a SOCIALIST!
May 4th, 2009 at 11:23 amThe right wing conveniently forgets the commandment of not bearing false witness yet again. Lies, lies & more lies, on a daily basis.
May 4th, 2009 at 11:39 amFunny as hell that one of you’re mods keeps kicking me offline…I must really be getting to him with the truth. So much for the Leftest tolerance and willingness to debate the issues!
When B.O. is found out to be having his private dinners with the liberal press…sharing his ideas of moving the Country into Socialism…a lot of real Americans are going to demade his impeachment!
May 4th, 2009 at 11:45 amWhen you’re able to “debate the issues”, let us know.
At the moment, all you’re doing is spewing invective and poorly-spelled right-wing delusion, and getting spittle on your monitor while you’re doing it.
May 4th, 2009 at 11:53 amRealityCheck Says:
So much for the Leftest tolerance and willingness to debate the issues!
RealityCheck Says:
You ought to be ashamed of yourselves…but hey…what can you expect from a party of “Enchanted Idiots?”
What kind of debate do you expect when you come in insulting everyone?
May 4th, 2009 at 11:55 amRealityCheck Says:
Funny as hell that one of you’re mods keeps kicking me offline…
Um, I’m having trouble also, so your assertion is… silly.
May 4th, 2009 at 11:56 amJust another day of Republiscum Channel hilarity and hypocrisy..
May 4th, 2009 at 12:00 pmI hope Obama doesn`t back down from the greedy SOB`s and their “Audacity of NOPE”.
If I understand you correctly, you are saying that the Reich-wing honchos very likely were playing the futures market, could have profited by a decrease in stock prices, and intentionally submarined Chrysler to profit by Chrysler’s demise.
Just think of the suffering this would cause, for a few petty dollars. Not to mention the illegal nature of this move. Yet they’ll walk free.
Yet the guy who put cyanide in Tylenol capsules did the same thing and is reviled.
May 4th, 2009 at 12:00 pmRepublicans telling lies to promote their agenda and attack Democrats…
….tell me it’s not true!!!
Fcuk the Republicans
May 4th, 2009 at 12:01 pmRealityCheck , I`ll bet your a tee bagger and if so where were you when the SHUB lowered the Taxes on the uber wealthy who just take their ill gotten gains and invest more in hedge funds or put it in off shore banks? Eight years of the Bush crime family was enough, so now we have a breath of fresh air in Washington all you got on the right is NO and socialism,you guys are still crying from 06,o8 and soon to 2010 and don`t forget Fraken,you guys are so irrelevant it`s a hoot.
May 4th, 2009 at 12:05 pmChrysler should have gone bankrupt long ago….
May 4th, 2009 at 12:05 pmCongrats to Obama and the White House for playing hardball with these “rogues.”
May 4th, 2009 at 12:15 pmBritt Hume used to work for ABC too. Tapper will end up being a Fox Flunky just like him.
May 4th, 2009 at 12:40 pmReality Check says @ 31, 33, add naseum,
May 4th, 2009 at 12:48 pmWhen you learn to stay on topic and not hijack a thread, maybe you won’t get kicked off. Otherwise STFU.
RealityPunk you ignorant worthless troll just go kill yourself. You add nothing to the world that you stink up. You dont even KNOW what you think until Rush tells you then you repeat it no matter how stupid it is. Just kill yourself. Go take a bath with a plugged in toaster. The site is having problems you meglomaniacal piece of garbage it is kicking me off too. YOU are a punkass troll and should be banned. You only come here to insult liberals of course you are far too stupid and pathetic to do it well but its your only purpose. You KNOW you are too stupid to have an actual discussion. How pathetic you are how stupid, how embarassing to even be the same species you are. Just go kill yourself you are wasting oxygen that a higher lifeform could be using.
May 4th, 2009 at 12:49 pmKeep exposing these right wing haters for what they are!
May 4th, 2009 at 1:58 pmRealityChicken, why don’t you go play Russian Roulette with a fully loaded pistol.
May 4th, 2009 at 2:02 pmEugeneDebs kisses Reality Checks butt
May 4th, 2009 at 2:22 pmRealityCheck Says:
EugeneDebs kisses Reality Checks butt
Grade school closed because of the swine flu epidemic?
You’re now talking like an eight year old.
Have your mom check your temp.
May 4th, 2009 at 2:43 pmJake Tapper did some good reporting about Bush’s lawsuits in the Florida elections, and that was apparently the last bit of good reporting he had in him. He very quickly has been a stooge.
May 4th, 2009 at 2:47 pmReality Check, you keep on repeating talking points from the GOP and the wingnut noise machine…Teleprompter, that’s so March…get with the times…
of course the fact you keep on repeating it suggests you’re nothing more than a robot designed to do its task over and over again…
May 4th, 2009 at 2:50 pmFirst of all, guys, let’s not stoop to troll levels. As much as some people would wish them away, wishing death on them is not a very good example. Let’s keep it civil, especially when uncivil people come in to taunt.
Second of all, Reality Check, how about bringing a little more discourse into the discussion without simply running down GOP bullet points and slanders? Until you start to bring justified claims into the argument, you’re not going to really get anything but lip from others.
May 4th, 2009 at 2:56 pmWhen did Tapper not attack Obama?
May 4th, 2009 at 3:14 pmLet’s see, the only holdout investor to flip was the one that previously employed Rahm Emanuel, who’s been calling the shots at Treasury the last few months. What are the odds of that?
If there are any e-mails with threats, they need to be made public.
May 4th, 2009 at 3:24 pmYou folks are on the WRONG story!
The villians are NOT the investors!!! These investors bought a contract that legally entitled them to be “first in line” as secured creditors of Chrysler.
The real story is how the President of the United States is using his office to attack and abrogate legally binding, contractual rights inherent in contract law!
May 4th, 2009 at 9:48 pmSpeculators should be shot. They aren’t “investors” they’re destroyers of the free world and need to be neutered. Drive them out of this country and let them ruin another one for a change.
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