Much of Fox News host Glenn Beck’s appeal is his populist, anti-government rhetoric, which gained extra traction during the federal government’s financial bailouts. “Wall Street owns our government,” Beck declared in July. “Our government and these gigantic corporations have merged.” A couple of weeks later, he “mockingly replaced the stars on the American flag with the logos of corporate giants like G.E., General Motors, Wal-Mart and Citigroup.” But the blog Another War of Jenkins’ Ear points out that Beck — while appearing on CNN Headline News — actually voiced his support for President Bush’s $700 billion bailout:
But these are anything but normal times. I thought about it an awful lot this weekend, and while it takes everything in me to say this, I think the bailout is the right thing do.
The “REAL STORY” is the $700 billion that you’re hearing about now is not only, I believe, necessary, it is also not nearly enough, and all of the weasels in Washington know it.