MSNBC getting 139 billion for the Obama support?, page 2

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reply posted on 23-11-2008 @ 05:40 AM by Jb0311NY

reply to post by Marcus Calpurnius

just another fine example of corruption destroying our everyday chance of setting a higher standard for living.
Loveable interview guy admitting he would take the money too... I would too, then use it against them and feed the poor.
No better than to backstab thoose vultures

reply posted on 23-11-2008 @ 11:36 AM by GamerGal

163 hours= Right Wing and Moderates. 5 hours= Ultra Liberal. That is in a week. Not too mention when the liberal has night off so some times its even less then 5 hours a week! So how is MSNBC liberal? Is Joe Scarborough really not a Republican who served office? is Pat Buchanon really a machine they built? Are the Republican Senators, Reps, Govs, strategerist(Bushism) and et al really just liberal spies? Get over it. MSNBC does look liberal when compred to Fox News. But that's like comparing OBL to Hitler. "Well OBL isn't that bad he didn't kill tens of millions like Hitler did."

reply posted on 23-11-2008 @ 11:47 AM by ConservativeJack

MSNBC ratings jumped up 200 percent from last year.

In other words, whatever they were doing was working, and working quite well.

They of course, were Obama's right hand man through out the election. They were the loudest Hillary bashers. They absolutely loved Senator Obama in a perverted, almost homosexual, way.

They gushed and drooled over his every move. It certainly was distasteful, however, their ratings boost shows that a lot of people out there loved Obama too.

Look, they saw Obama as a potential force to biggyback on. Right, they said, "This guy Obama, we can make him out to be a rock star"....Ok, so once we make him out to be a star, we will be his number 1 fan site.

They just used Obama to get ratings. They don't really "love him". No, they coldly calculated that they could trick a lot of ignorant Messiah supporters into watching MSNBC.

Basically, its not some conspiracy, it's business.

And General Electric is going to go bankrupt. The government can throw as much money as they want but their going bust. Meaning MSNBC will soon be going bust.

reply posted on 23-11-2008 @ 11:53 AM by Seeker Mom

reply to post by ConservativeJack

They were the loudest Hillary bashers.

Yes, they were. That is why I switched to FOX and voted for McCain. I wonder if Olberman's head will explode off his body if his beloved Obama chooses Hillary as Secretary of State?

I'm glad their puny ratings increased from the 100 or so of us who watched before the Obama lovefest began. I left them after 10 years of faithful viewing once their agenda became clear. They have absolutely zero crediblity left with me, so this report sounds plausible.

reply posted on 23-11-2008 @ 12:39 PM by GamerGal

reply to post by ConservativeJack

Yes, true. But still, 5 hours a week does not left wing make. The other 163 hours of former Republican Reps, Senators, advisors, so forth hosting or appearing more then balance out 5 hours of a liberal. Also, to Seeker Mom, when did Keith say he hated Clinton? Show me one quote where he says his head would explode if she won, or became Sec. of State.

reply posted on 23-11-2008 @ 01:00 PM by Keyhole

Originally posted by robwerden
This makes me sick. GE Capitol should not be getting money if they were not in the mortgage melt down.

Every company that has a finance division does not automatically become eligible for the bailout money.

According to this article they are in the mortgage business pretty big and are taking big losses also!

GE's WMC Mortgage loans hit subprime index

General Electric Co.'s subprime mortgage unit is responsible for some of the worst-performing loans in the benchmark index for the $575 billion market for home equity asset-backed securities, showing few lenders are immune to recent U.S. housing sector problems.

Losses on more than $2.6 billion in loans issued by WMC Mortgage, a Burbank, California-based unit of GE Money Bank, are expected to top 15 percent, the highest projected rate of any bond in the widely watched ABX derivative index of bonds issued in early 2006, a UBS Securities model showed.
******SKIP******
WMC on Friday said it would lay off 460 employees, or about 20 percent of its staff, as the subprime market contracts.
******SKIP******
WMC closed two branches, said Mitch Freifeld, whose Clearwater, Florida-based Branch Management Solutions broker-service company has a relationship with WMC.
******SKIP******
GE, the second-largest company in the world by market capitalization, purchased WMC Finance Co. in 2004, when it was the sixth-biggest subprime lender.
******SKIP******
WMC issued $21.6 billion in loans last year, making it the ninth-biggest issuer, according to trade publication Inside B&C Lending. In 2003, WMC reportedly originated $8.2 billion.

So, the money is actually going to WMC, which GE owns and is a lending company that has taken a big hit also, along with all the other lenders.

I like how it gets all turned around how it was a payoff for supporting Obama.

Always helps to investigate things a little.

I'm not saying I'm all for this bailout, but what did and is happening at WMC right now is the reason there is a bailout going on!

And anyway, wouldn't Paulson have been the one who would have decided if they (WMC) got any money?

I guess Paulson wanted Obama to be president then!

(If this conspiracy was true!)

[edit on 11/23/2008 by Keyhole]

reply posted on 23-11-2008 @ 01:29 PM by beaverg

A little food for thought if you are one of those people who are making claims about media bias one way or the other. The Pew did a study and here is a paragraph from their find:

link

The Pew study singled out MSNBC for its significantly less negative coverage of Obama. Negative stories about the Dem candidate in the media overall totaled 29%, but only 14% of the cabler’s stories on Obama were negative. About 73% of MSNBC stories on McCain were negative, compared with 57% in the broader media landscape. Fox News ran more negative stories on Obama than did the rest of the media — 40% vs. 29%. Fox News trailed other media in positive reports on Obama — 25% vs. 36%. Positive stories about McCain accounted for 22% of Fox News reports but only 14% in the rest of the media, while 40% of Fox News stories on McCain were negative vs. 57% in the rest of the media.

Yet even on Fox News, the study noted, McCain’s "negative stories outweighed positive ones by almost two to one." Also, the proportion of negative stories about Obama and McCain were identical at 40% of all Fox News stories about each candidate. And while Fox trailed other media in positive stories about Obama, the cabler reported more positive stories on Obama than on McCain — 25% vs. 22%.

[edit on 23-11-2008 by beaverg]

reply posted on 23-11-2008 @ 01:41 PM by Alxandro

This is nothing more than a premature bail out to keep MSNBC afloat over the next few years.
I mean, they'll have nothing to talk about and nothing to criticize so they'll lose viewers.
All the Palin bashing has already gotten old.

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