Death watch for the MSM now in play

A succinct and well-put comment on the issue of the abdication of the media in its responsibility in the US election, from SDA:

"I'm absolutely confounded by those who still won't admit that the MSM were almost all entirely behind the Obama campaign"

I'm with you Robert W. Imagine if Barack Obama’s life, policies and mistakes had been examined by media as vigorously and relentlessly as they probed into Sarah Palin’s.

Good heavens, what does it mean when the media overlooks as an issue as important as Mr. Obama’s original declaration that he would accept public funding and the corresponding spending limits only to suddenly abandon that idea and raise over 600 million dollars. The screams of “BUYING AN ELECTION” and “FLIP FLOP” would have been deafening had Mr. McCain done precisely the same thing. Instead Obama raises a 4 to 1 advantage in money over McCain and there was barely a peep from his biggest supporters, the so-called fair and balanced media.

When you think of it, Mr. Obama hardly needed that massive bankroll to buy media advertising, given the press was giving it to him free anyway.

Where was the outrage in the press over the inconsistencies of Mr. Obama’s pledge to cut taxes on households earning less than $200.000. a year while raising taxes on those who make more than $250,000 annually. On October 28th Obama’s Vice Presidential Candidate declared that the tax cut would only go to those earning $150,000. Then, on Oct. 31st on a radio program the current Democratic Governor Bill Richardson stated that only those that make under$120,000. will get a tax cut. It is hard to imagine the scale of the outrage if McCain had blundered this badly. Why are the Democrats backing off? If they had wanted to, the media could have reported that the top 1% or taxpayers pay 35% (of all the US taxes), top 10 percent pay 68 percent of the tab, -and the bottom 50 percent pay just 3 percent of the taxes. In other words Obama has to raise taxes the very middle class he purports to cut taxes for. Too bad the media did not go to work for the whole electorate before voting day.

And where was the press investigation into the ramifications of Mr. Obama’s plan to raise raise taxes on corporations and the “rich”. Mr. Obama promised to assess a windfall profits tax on oil companies like Exxon and distribute a $1000. of the proceeds to those who pay little taxes to no taxes at all. Sounds good, even sounds nice. However when the Democratic Presidential candidate Obama and his personal Main Stream Media advertising team overlooked a few things. Yes, Exxon makes $1400 a second in profit, but Exxon also pay’s $4000 a second in taxes and $15,000 a second in costs......almost 3 times (285%) as much profit to the government than they put in their own piggy bank. They are already paying a massive amount of taxes to that get directed to the less fortunate. How much more can they take before they bog off to a lower tax jurisdiction. Like maybe Canada.

With a corporate tax rate of 39.4 % rate (second highest in the OECD) forecast to rise under Obama, corporations have to begin looking next door to Canada where their current 36.4% rate is scheduled to drop dramatically to 29.25% in 2012 (combined Fed/Prov). How is it that the far more socialist Canada is offering business a better deal than the USA, the greatest bastion of capitalism in history? Probably because we learned the hard way that raising taxes higher on business and subsidizing failing ones in the past killed jobs, the economy and ultimately reduced the amount of taxes that found its way into federal treasuries.

The media bias robbed voters of accurate, fair and balanced reporting on a huge broad range of subjects vital to the future health of their nation. Life, Liberty, and the pursuit of Happiness got replaced with deception, avoidance, and media collaboration in the cause of ever larger and intrusive government.