Quantitative Easing

Question, or Statement Often Made by Democrats

  • “The stock market relies on confidence, and the stock market has done incredibly well since Obama took over. How do you explain that?”

Click to Enlarge

(This is with thanks to Gay Patriot and the graph from Zero Hedge) Here is GAY PATRIOT’S summary: Fed pumping gobs of money into Wall Street? Market drifts upward. Fed stops pumping? Market doesn’t. The so-called “confidence” is drug-induced.

Credit Writedowns touches on this a bit:

…As for Bill Gross, he also said that the Federal Reserve knows that its easy money policies have a negative impact: “There are ultimately and presently negatives to these policies. The chairman recognizes that.”

[….]

On how to get out of the quantitative easing scenario that we’ve been in for so long:

“That’s very difficult, not just for the Fed, but other for other central banks. at the moment, the bank of japan is about to enter the pool, so to speak, the deep end. The Bank of England as well, perhaps, with carney indicating as much. Is it easy to get out of the deep end once you get into it? It gets difficult, because the market begins expects a constant infusion of liquidity–$85 billion a month into the bond market, which extends out into high-yield and equity credit as we move forward. Once you cut off the check writing and the purse strings, it becomes a problematic question in terms of valuation and the ability of markets, stocks, and bonds to continue on.

On his tweet on 2/20 saying that bond vigilantes are no more and central bankers are the masters of the universe:

“They are trying to let us know that they are vigilant. We saw the minutes yesterday and they were extensive and they meet every other month or more frequently. Are they vigilant? They are in terms of their objectives. what the fed is trying to do is reflate the economy, that means not only produce 2 to 3 to 4% real growth, but a modicum of inflation in combination such so we have a nominal 5% of GDP environment. Are they vigilant in terms of moving towards that goal? Yes. Will they be vigilant in terms of having reached it then pulling back and not disrupting markets? Perhaps not. We’ll have to see going forward.”

Above video description:

When Ben Bernanke announced that the Federal Reserve’s Open Market Committee was going to continue its monetary expansion program it calls Quantitative Easing, almost everyone in the financial media was taken by complete surprise. According to the mainstream media, the non-taper “surprised almost everyone out there.” Well it did not surprise me, nor anyone who had been paying attention to what I had been saying. As I said repeatedly over the past several months, the Fed knows that the appearance of economic health would evaporate if its stimulus were withdrawn, or even diminished. The Fed understands, as the market seems not to, that the current “recovery” could not survive without the continuation of massive monetary stimulus. In fact, the Fed’s next big move will likely be to increase, rather than taper, its monthly QE dosage! One reporter on this video said that its time for the Fed to take the training wheels off the economy. As I have been saying for years, QE is not the training wheels, its the only wheels the economy has. Take it away and the economy stalls. However, as the economy is now headed toward a cliff, taking the wheels off is much better than leaving them on and going over that cliff.

For more on how I knew the Fed wouldn’t taper, here’s an op-ed I released after the decision was announced.

Listen to The Peter Schiff Show
Live Weekdays 10am to noon ET on http://www.SchiffRadio.com

Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff

HotAir:

  • ….Until recently, the US had a coalition of allies at the G-20 to stand firm against the manipulation of the yuan. However, much to Barack Obama’s shock, they’re not as interested in scolding China for manipulating its currency while the Obama administration has done the same with its second round of “quantitative easing”….

The Blaze:

Washington Times:

[….]

Many currency analysts agree with Mr. Obama that the U.S. dollar stands to gain in coming months against the euro and Japanese yen, in particular, if the Fed is successful and the U.S. recovery picks up speed.

Nick Bennenbroek, analyst with Wells Fargo Securities, said the dollar actually has strengthened since the Fed’s announcement last week because, in an “ironic twist,” the economy has been showing unexpected strength. A report on Friday showed the best private job growth since April.

“Moreover, with the initial Fed announcement now out of the way, markets have refocused their attention on the ongoing European debt-market difficulties and, in particular, concerns over the state of the Irish government’s finances,” Mr. Bennenbroek said. The result is the euro may be due for a decline against the dollar.

But the Fed’s move only seemed to provide an excuse to many nations to dig in and further resist Mr. Obama’s call to curb global trade imbalances, starting with the massive Chinese trade deficit with the United States.

A Commerce Department report on Wednesday showed that the U.S. deficit with China fell $2.2 billion to $27.8 billion in September but remained near record highs. The U.S. blames the deficit in part on China’s currency policy, which makes Chinese imports cheaper in the United States.

But Chinese President Hu Jintao, ahead of a scheduled meeting with Mr. Obama on Thursday, called on other countries to “face their own problems” rather than cast blame for their giant trade imbalances on China. Mr. Hu also defended China’s currency controls as a boon to the world economy.

…(read more)…

Birtherism

(I am changing some of my “Pages” to “Posts,” so some of this info is older to my site)

This is a discussion between myself and a black, lifelong Democrat. He intimated to me that he would never vote Republican because of the party’s racism. Okay. I asked him to provide me with one example or evidence of racism from Republican leaders. He offered me “birthirism.” Birthers are people who believe Obama was born in Kenya, and thus, not able to be President. Let us begin

What are our options with birtherism? Options:

a) Either the conspiracy theories are true, or;
b) He lied to gain access and recognition at Occidental College/Harvard/Columbia an/or at his publisher… similar to Elizabeth Warren;
c) The media made this up whole cloth.

Why do I only allow for the above two options? Let me explain and then we will continue with the response.

FIRSTLY, I truly believe Obama was born in Hawaii. In other words, I am NOT a birther in the true sense of the words meaning.

That being said, I do believe he lied about this in order to get more opportunities for educational as well as more opportunities to get published. I say this BECAUSE of the following evidence, which is: that only a few months after Obama threw his hat officially into the 2008 Presidential run, his publisher scrubbed their site of the following. And mind you, the following could not have happened without Obama’s consent/knowledge:

Obama’s literary agent changed Barack Obama’s bio page in April 2007, two months after he announced his run for President of the United States in February 2007. Before that, Obama’s bio said he was born in Kenya.

So, we can rid option “c” from above… we now know this was not a “hit job” by a “vast right-wing conspiracy.” Here is an highlighted portion of the above which was on Obama’s publishers website from 1995-to-2007(to the right).

The media is not that smart to foresee into the future like that and plant said evidence with full-knowledge of Obama. So we have “a” and “b” left.

a) Either the conspiracy theories are true, or;
b) He lied to gain access and recognition at Occidental College/Harvard/Columbia an/or at his publisher… similar to Elizabeth Warren;

Again, to be clear, I reject birtherism (“a”), but doing so doesn’t mean that common sense can say the following:

  • Obama was the first “birther.”

In 2003 for instance, when his publisher published Barack Obama’s book, Dreams of My Father, they wrote that Barack Obama was born in Kenya in their own promotional material (Gateway Pundit). Either way there is “some splainin’ to do Lucy.”

Back to the aforementioned Elizabeth Warren. Ann Coulter’s comments on Warren:

“Warren’s lie is outrageous enough to someone like me, who isn’t a fan of race-based affirmative action programs. Still, she is a liar, and she stole the credit of someone else’s suffering. For liberals, it should be a mortal sin: Elizabeth Warren cheated on affirmative action.”

If true of Obama… he would be doubly guilty of this mortal sin. One commentator on my FaceBook made this astute point that “Either way, Joe Wilson was right! He lies!”

BACK to the options.

a) Either the conspiracy theories are true, or;
b) He lied to gain access and recognition at Occidental College/Harvard/Columbia an/or at his publisher.

We know the more modern theory was started by the Hillary camp during the contentious campaign between her and Obama (audio to the right). We also have the long-form birth certificate… as well as the birth announcements of Obama from Hawaii when he was born (from two papers: [1961] Honolulu Advertiser; and, [1961] Star Bulletin). So we can exclude “a,” that the conspiracy theories are true.

So, I am inclined to believe “b,” but more importantly… over the years I have been inundated with the “racist” label by those assuming I am a “birther.” So this is why I wanted to expand my thinking on this.

Let us expose the “racism” portion of this a bit more with an example from ThinkProgress (the title of the article is “9 Most Racist Moments of the 2012 Election“) that racism is in the root cause of this conspiracy rather than hyperbole. For instance they quote in their #1 example the son of a Republican, Jason Thompson:

Jason Thompson told a crowd of supporters at a brunch that “we have the opportunity to send President Obama back to Chicago — or Kenya.” Thompson is the son of former Wisconsin governor Tommy Thompson, who is now running for Senate. In attendance at the brunch was Reince Priebus, the chairman of the Republican National Committee.

In the original challenge by a friend, he stated that Republicans have racist tendencies, provable by their support of birther conspiracies. So my new question is this:


“If Obama used this canard [that he was born in Kenya] in order to receive more accolades or recognition at Harvard and/or his publisher, would this be evidence that he is racist”?

This is obviously hyperbole. But let’s say Jason really believed Obama was born in Kenya… I still cannot see “racism” in this remark. But this claim of racism cuts both was, as we will see. So, here are the four areas I will compare this “racism” claim made about being a birther and this being the best example a life-long Democrat can use to show “Republican racism.”

1) Dem vs. Repub % of belief in conspiracies;

2) what type of conspiracy?;

3) Who believed these conspiracy theories;

4) What is my point?

1) PERCENTAGES

(Speaking to my Democratic detractor) You are aware, I am sure, that the birther story was first started by a Democrat and the story made popular via Hillary Clinton.

For instance, Politico says this in one of their classic articles:

…Where did this idea come from? Who started it? And is there a grain of truth there? The answer lies in Democratic, not Republican politics, and in the bitter, exhausting spring of 2008. At the time, the Democratic presidential primary was slipping away from Hillary Clinton and some of her most passionate supporters grasped for something, anything that would deal a final reversal to Barack Obama. The theory’s proponents are a mix of hucksters and earnest conspiracy theorists, including prominently a lawyer who previously devoted himself to ‘proving’ that the Sept. 11 attacks were an inside job. Its believers are primarily people predisposed to dislike Obama. That willingness to believe the worst about officials of the opposite party is a common feature of presidential rumor-mongering: In 2006, an Ohio University/Scripps Howard poll found that slightly more than half of Democrats said they suspected the Bush Administration of complicity in the Sept. 11 attacks….

(Politico)

So not only would Obama in 1995 would have to of intimated the idea that he was born in Kenya in 1995, here [above] Politico traces the “birther” beginnings to a Democrat. Let us digest this a bit.

I am combining the above with polls from Rasmussen (and others compiled at WIKI) that show an amazing thing. What is this “amazing thing,” you rightly ask?

Democrats in America are evenly divided on the question of whether George W. Bush knew about the 9/11 terrorist attacks in advance. Thirty-five percent (35%) of Democrats believe he did know, 39% say he did not know, and 26% are not sure

(RPT)

Not sure? Not sure? To be clear, Democrats by over a majority believed Bush either knew directly or they said they were [basically] “still on the fence.” Here is more:

I’ve been looking for a good analogue to the willingness of Republicans to believe, or say they believe, that Obama was born abroad, and one relevant number is the share of Democrats willing to believe, as they say, that “Bush knew.”

There aren’t a lot of great public numbers on the partisan breakdown of adherents to that conspiracy theory, but the University of Ohio yesterday shared with us the crosstabs of a 2006 poll they did with Scripps Howard that’s useful in that regard.

“How likely is it that people in the federal government either assisted in the 9/11 attacks or took no action to stop the attacks because they wanted the United States to go to war in the Middle East?” the poll asked.

A full 22.6% of Democrats said it was “very likely.” Another 28.2% called it “somewhat likely.”

That is: More than half of Democrats, according to a neutral survey, said they believed Bush was complicit in the 9/11 terror attacks….

(Politico)

What is the percentage of Republicans that believed (at it’s height of belief) Obama was not born in America?

  • 31% of Republican think/thought that Obama was not born in the states…

How many Democrats?

  • 15% of Democrats believe the same… [well as 18% of Independents]

However, a third who believe him to be born out of the country approve of him (ABC-News and my RPT post).

2) WHAT KIND OF CONSPIRACY?

So we have two conspiracies to compare and contrast: 9/11 culpability, and birtherism. What do they show? Are their differences? Let’s work through these. One, birtherism, has a belief held that a person was born out of country, and that other people covered this up.

In other words… when Obama was a child/infant other adults made this happen. He, Obama, was powerless to affect it. Obviously, he was an infant or child. In fact, assuming the conspiracy true and giving the most leeway of the options behind it… Obama may not have known about this until his Presidential run.

What about 9/11?

This conspiracy asserts that a leader of these United States knew of the coming attack and allowed it to happen, thus killing fellow citizens and going to war over it [for oil, a myth]. Thus, murdering more Americans in a war over a conspiracy to profit.

Many of these Democrats also believe Bush was involved in making this happen (HotAir). So this conspiracy would be considered — if we had an evil scale — much more “evil” because it is an American in the highest office basically directly culpable for the death of innocent people.Evil Scale

It doesn’t take a rocket scientist for an outside observer to say, “whoa, whoa, whoa… calm down DEMOCRATS! Yeah this other conspiracy [birtherism] is nuts, but it doesn’t posit such an overtly evil act.”

in other words a much larger number of Democrats are on the “fringe” and would be called racist if they were Republicans, for their crazy opposition to a black President. LIKE Republicans are called racist for their birtherism position. Which would also include the 15% of Democrats being equally racist who believe in this birther theory.

3) MAGAZINES, PUNDITS, AND LEADERS

Here is what the Left believes to be a radical, extreme right pundit, Ann Coulter. Her point is instructive, which is, no one in the major influence of the conservative/Republican believes this conspiracy (see Ann Coulter reject birtherism — to the right):

NOTE: not a single mainstream right-wing talk show host believed this (I should stipulate that I listen to Rush Limbaugh, Dennis Prager, Michael Medved, Hugh Hewitt, and Larry Elder). None of these conservative talk show hosts believed this. In fact, Michael Medved typically takes calls that disagree with him — which led to some great excoriation of this birther conspiracy (here are some of those calls).

I tackled the subject back in 2010 on my old blog, it on my old blog as well as my new site. And I am as conservative as you can get!

The next LOGICAL question becomes who in congress or Democratic leadership believed Bush knew? To name a few: Rep. Dennis Kucinich; Rep. Cynthia McKinney; Congressman Alan Grayson, etc.

4) What Is My Point?

Simply my point is this:

1) The complexity of the seemingly simple “around the cooler” accusation that birtherism equals racism is never addressed. If Republicans are painted as racist, then so to must Democrats since a large percentage of them are “birthers,” not to mention Obama was the O.G. birther and recent birtherism was pushed by Hillary Clinton’s camp.

Simply painting your opponent as bigoted or racist sounds good if one wishes to label and dismiss opposing viewpoints. It is the easy way out for the lazy of mind.

2) If such beliefs make Republicans racist or bigoted, how much more are Democrats with their larger fringe group pushing a theory that infers Bush was personally involved with this act?

3) Since almost all major conservative/Republican magazines, pundits, radio hosts, and Congressmen reject “birtherism,” and many more liberal/Democratic magazines, pundits, radio hosts, and elected-officials believed their own 9/11 theories AND birtherism to some extent… how does this paint the people pushing these conspiracies?

In other words, Republicans at least say Obama was lying about his place of birth in order to get special preference in educational and publishing opportunities; at most saying that Obama later found out about other peoples lies in getting him over to America as a child and tried to cover it up for his Presidential run.

On the other-side of the coin, you have Democrats saying that [at least] Bush knew about the pending attack and allowed it to happen in order to financially profit from a war[s]. At most they say he was actually involved in the taking down of the Trade Towers in order to go to war. BOTH options Bush is culpable for the murder of innocent and military lives.

BIG DIFFERENCES!

“…it’s been 100 days, but good riddance, Mr. President.” ~ The Hammer

Via THE BLAZE:

Charles Krauthammer called former President Barack Obama’s “Profile in Courage” acceptance speech “complete moral condescension” during Fox News’ Monday night airing of “Special Report With Bret Baier.”

“It’s been a full 100 days but it’s nice to be reminded of why we should be grateful as a nation that he is gone,” Krauthammer said about Obama’s Sunday night speech. “There are a lot of arguments you can make on either side of the debate about Obamacare but notice how it was complete moral condescension. The other guys are cowards because I, and the people who support me, and oppose the legislation, stand with the poor and the afflicted and all of that and the others are on the side of the rich and powerful. That is nonsense.”

Claiming that Obama always assumed he was “on the side of angels” during his presidency, Krauthammer said a firm goodbye to the former president.

“Obama did that all through his presidency — always assuming he was on the side of the angels and always the one who was willing to go against public opinion when it was completely the opposite,” Krauthammer said. “He reminded us, reminded me, it’s been 100 days, but good riddance, Mr. President.”…….

Mark Levin Fillets Susan [with a side of] Rice!

Mark Levin opens his show with a reading from Lee Smith’s (follow on Twitter) excellent TABLET article entitled, “Did the Obama Administration’s Abuse of Foreign-Intelligence Collection Start Before Trump?“. Later in the show Mark interview two specialists in this field: Fred Fleitz and Lt. Col. Anthony Shaffer. Here is their short bio information…

  • FRED FLEITZ – Senior Vice President, Center for Security Policy, he is a national security expert, in the past he was an Central Intelligence Agency analyst. He is currently a Defense Intelligence Agency analyst, Chief of Staff to Ambassador John Bolton [BOOM!!], and Senior staff member, House Intelligence Committee. One can connect with Mr. Fleitz by visiting his website or following him on Twitter.
  • TONY SHAFFER – Is a Senior Fellow to the London Center for Policy Research (http://www.londoncenter.org/). He is a highly-experienced intelligence officer, and recipient of the Bronze Star, with 30 years of field and operational experience. Tony has commanded and directed several key operational intelligence organizations. These include Special Mission Task Force STRATUS IVY, that conducted direct support to DoD compartmented activities (OSD, SOCOM, JSOC, Army) which was focused on offensive information operations. In addition, he was in charge of Field Operating Base (FOB) Alpha, a joint DIA/CIA unit conducting classified collection and special operations support regarding terrorists just after the 9/11 attacks. (An extensive bio can be found here.) You can also follow Mr. Shaffer on Twitter.

Obama Spent BILLIONS On Failing Schools – No Change

Here is a portion of the WASHINGTON POST that Prager was reading:

One of the Obama administration’s signature efforts in education, which pumped billions of federal dollars into overhauling the nation’s worst schools, failed to produce meaningful results, according to a federal analysis.

Test scores, graduation rates and college enrollment were no different in schools that received money through the School Improvement Grants program — the largest federal investment ever targeted to failing schools — than in schools that did not.

The Education Department published the findings on the website of its research division on Wednesday, hours before President Obama’s political appointees walked out the door.

“We’re talking about millions of kids who are assigned to these failing schools, and we just spent several billion dollars promising them things were going to get better,” said Andy Smarick, a resident fellow at the American Enterprise Institute who has long been skeptical that the Obama administration’s strategy would work. “Think of what all that money could have been spent on instead.”…

Trump’s Media Inspired Green-Card Mayhem

Larry Elder pours over the Sunday shows and by doing so shows the green-Card issue is at worst a misunderstanding [purposefully or innocent] on the Press’ part – at best poorly communicated through proper channels via the Trump administration. What is clear however is that nothing in the bill itself requires the conclusions by the Left and the media. Here David French makes the point:

✦ The plain language of the order doesn’t apply to legal permanent residents of the U.S., and green-card holders have been through round after round of vetting and security checks. The administration should intervene, immediately, to stop misapplication. (National Review)

I include in this long audio/video Mark Levin’s impersonation of John McCain.

Trade, Taxes, and Executive Orders | Mark Levin (UPDATED)

(Originally posted on the 27th of January)

People warned the Democrats… “what would happen if a Republican does what your guy did?” Well…

Mark Levin gives us an Econ 101 class on tariffs and taxes. This is why the unions love this because it protects their jobs and not other businesses in the States. An interesting part of the call which I stitched to before the other segment is an article in the Wall Street Journal which notes that the reason car manufacturers build in Mexico is due to free-trade agreements:

  • Audi says that an array of free trade agreements favors Mexico over U.S. sites. Its not just the price of skilled labor that is attractive to Audi. If you think about a $50,000 car made in the U.S. that is then exported to Europe there is a 10% duty on that car. So that’s $5000 in duties that Audi is paying. When that same car is made in Mexico there is no duty. This means with an already concentrated area of auto manufactures in Mexico, low cost skilled labor and free trade agreements it is a huge win for Audi and it will be easy to do business. No reinventing the wheel or stepping out alone as the only auto manufacture, Audi is simply following suit.  (WSJ)

Not only will these Executive Orders (E.O.) worsen us in the long run (unless this administration has something else up their sleeve), it is the same thing we gripped about when Obama was President and Left leaning legal scholar, Jonathan Turley said was not what the office of President was intended for. Agreed.

What is interesting is the juxtaposition the Dems find themselves in regarding the E.O.’s. You see, you had many challenges to Obama’s E.O.’s and he holds the record for the most overturned by the Supreme Court (SCOTUS) in our history as a country. But they were brought to the court mainly by Republican Attorney Generals in a state[s] or a group — or a combination thereof. AND YES, many of these actions Trump is taking with his pen and paper are just as unconstitutional. However, in 2018 we find this:

  • The GOP will be defending just eight seats, while Democrats must fight for 23 — plus another two held by independents who caucus with Democrats. (THE HILL)

This means that since the Democrats know their constituents are already upset enough at them to switch parties… why would you rock the boat on some of these executive orders that they know their constituents like. Like the car manufactures/unions. What Democrat in their right mind would bring a case to SCOTUS to overturn something they wish they had did?

Or how bout’ the growing concern in the black community about jobs and the influx of illegal immigrants? You see, they type of people Trump is putting on the Court would vote AGAINST what Trump is doing. They are originalists, and so, the Democrats would certainly win these cases if brought before the conservative Court.

AGAIN… they also have to win in 2018. They are essentially protecting 25-seats… 10 of which are “red-state” seats.

So many of these E.O.’s Trump is writing could easily be overturned if moved forward by the Democrats. Right now however, doing so would be politically dangerous for them. For now at least.

Again, I emphatically agree with HOTAIRExecutive Orders Are Not The Way To Do Policy…Even Good Ones

President Donald Trump’s latest executive order is as good as executive orders come. Trump has banned executive appointees from becoming a lobbyist of the particular branch they served in for five years, plus several other restrictions.

“2. If, upon my departure from the Government, I am covered by the post-employment restrictions on communicating with employees of my former executive agency set forth in section 207(c) of title 18, United States Code, I agree that I will abide by those restrictions.

“3. In addition to abiding by the limitations of paragraphs 1 and 2, I also agree, upon leaving Government service, not to engage in lobbying activities with respect to any covered executive branch official or non-career Senior Executive Service appointee for the remainder of the Administration.

“4. I will not, at any time after the termination of my employment in the United States Government, engage in any activity on behalf of any foreign government or foreign political party which, were it undertaken on January 20, 2017, would require me to register under the Foreign Agents Registration Act of 1938, as amended.

“5. I will not accept gifts from registered lobbyists or lobbying organizations for the duration of my service as an appointee.

This is really good policy, and also delivers on Trump’s “drain the swamp,” rhetoric from the campaign. Ethics reform is something all governments should engage in, because it can increase transparency and keep cronyism from rearing its ugly head. It can possibly save the government money, and reduce the debt.

But there’s still a massive problem. Trump is doing this action through executive order, instead of letting it go through the legislative process. The Constitution is quite clear on which branch originally comes up with rules. From Article I, Section 8, Subsection 14 (emphasis mine):

  • The Congress shall have Power…To make Rules for the Government and Regulation of the land and naval Forces;

It’s Congress which develops the rules for government employees, not the president. Trump is acting as CEO of the government (which he’s not), meaning he’s so used to doing things his way, without having to have others sign off on his actions. He’s taking another page out of former President Barack Obama’s playbook, but promising he’ll do it right. ….

(H-T to REGGIE DUNLOP for the above)

What leftist is going to bring the above to the Court? This is how I described it on my Facebook:

Many of the economic one will be too far along to be challenged (like the pipelines for instance). There are 25-Dem seats up in 2018 (10-in red states). Only 7-GOP seats. What Democrats would challenge the E.O. putting tariffs on Mexico (something I hate but unions l-o-v-e). The Dems have already alienated their base… unions.

So I think even though these Democrats could challenge many of these — they are stuck between a rock and a voting booth. And let me also say, the people Trump is putting on the Supreme Court are originalists and would vote these down in a heart beat (bravo for Trump for putting forward such upstanding justices!)… but the cases have to make it there

In other words… if Trump were truly a dictator looking to split the branches of government… he would pick Justices who would support his Executive Orders.

“Paybacks a Bitch!” ~ Neil Cavuto vs. CNN

(YOUNG CONS H-T)

PJ-MEDIA notes some of this contentious past:

…Did the New York Times fear freedom of the press had been eradicated? No, the headline was simply that “Fox’s Volley With Obama” was … “Intensifying.”

Ironically, current CNN host and Trump critic Brian Stelter wrote the article.

It begins:

Attacking the news media is a time-honored White House tactic but to an unusual degree, the Obama administration has narrowed its sights to one specific organization, the Fox News Channel, calling it, in essence, part of the political opposition.

We’re going to treat them the way we would treat an opponent,” said Anita Dunn, the White House communications director, in a telephone interview on Sunday. “As they are undertaking a war against Barack Obama and the White House, we don’t need to pretend that this is the way that legitimate news organizations behave.”

In 2009, the White House’s position on Fox News was that it was “an opponent,” at “war(!)” with the White House. And that they were not, in fact, a legitimate news organization.

They were to be treated as fake news. It was White House policy.

INDEPENDENT JOURNAL REVIEW continues the dossier of Obama’s attack on free speech:

…In the Obama team’s eyes, Fox News was a right-wing propaganda machine. As Anita Dunn, the White House communications director at the time, put it in an appearance on CNN:

“What I think is fair to say about Fox — and certainly it’s the way we view it — is that it really is more a wing of the Republican Party. They take their talking points, put them on the air; take their opposition research, put them on the air. And that’s fine. But let’s not pretend they’re a news network the way CNN is.”

Ouch. (An early version of the “fake news” attack?)

That wasn’t all. The White House used its official blog to publicly call out what it labeled “Fox lies.” Politico referred to the sharp attack from the executive branch on a news organization as “unusual.” The White House also deliberately excluded Fox News from a round robin of presidential interviews in September 2009.

Dan Pffeifer, the White House deputy communications director, defended the administration’s stance towards Fox this way:

“We simply decided to stop abiding by the fiction, which is aided and abetted by the mainstream press, that Fox is a traditional news organization.”

The New York Times wrote an entire piece about the war between the government and the network. In fact, this attitude was so prevalent, and was escalated with such ferocity, that the White House press pool (the five-network rotation that shares the costs and duties of daily coverage) finally united behind Fox News and put an end to it:

The Treasury Department on Thursday tried to make “pay czar” Kenneth Feinberg available for interviews to every member of the network pool except Fox News….

But the Washington bureau chiefs of the five TV networks consulted and decided that none of their reporters would interview Feinberg unless Fox News was included.

That didn’t stop President Obama from airing his disdain for Fox News Channel. In 2010, he said in an interview that Fox News was “destructive.” In 2013, he made a joke in a speech to students at Fox News’ expense. In 2014 he told Bill O’Reilly that the network was “unfair” to him. And most recently, last year, he blamed Fox News and its viewers for Hillary Clinton’s loss….

BOOM! Tammy Bruce Lays Bare Leftist Arguments

NEWSBUSTERS reports on the issue:

Following the release of the intelligence report detailing Russia’s meddling in the U.S. election late last week, the Sunday morning shows were all abuzz with commentary with most of it critical of President-elect Donald Trump. But things were slightly different on CBS’ Face the Nation where radio host Tammy Bruce ripped in President Barack Obama for his meddling in the democratic election in Israel, all in a futile attempt to oust Prime Minister Benjamin Netanyahu.

“In 2015, we spent over 350,000 taxpayer dollars funding an organization in Israel called OneVoice, which we learned once we gave them those grants they immediately began to build up an infrastructure to oppose Netanyahu in Israel,” recalled Bruce.

Bruce’s claim is accurate, and not only did Obama use taxpayer money to undermine a staunch US ally but the news broke around the same time as the Russian meddling was occurring. “This is not unknown, it was widely reported in the summer of last year that it was an Obama-aligned group of people that worked with his campaign that were the consultants to that effort to dislodge Netanyahu, an active campaign in Israel,” she continued.

According to The Washington Times a Senate investigation found, “OneVoice used the money to build a voter database, train activists and hire a political consulting firm with ties to President Obama’s campaign.” And if that wasn’t bad enough, the US’ top official in the country was discovered to have “…regularly deleted emails with large attachments — a striking violation of open-records laws…”….