November 18, 2011
— Ace Kerry says that the various accounts in which he mad lots of trades armed with nonpublic information could not possibly be a cause for scandal, as these accounts were in blind trust.
The media reliably parrots this.
[Quoting an old, pre-2004 election article in the LAT:] Leon E. Panetta, White House chief of staff under President Clinton, agreed that although the amount of Heinz Kerry’s wealth was not a campaign issue, it could cause problems if Kerry were elected.“They will have to seriously consider putting it in a blind trust,” Panetta said. “All of us who have served in government have had to do that. In the end, it is the better way to go, because it removes any suspicion that a decision is self-serving. You have enough problems just making a decision, without dealing with the concern you may be putting money in your pocket.”
Yet Mr. Panetta’s quote should have made it clear to anyone reading—and especially to journalists at the Los Angeles Times—that Mr. Kerry did not, in fact, have a blind trust. So why did the media fail to properly vet a presidential candidate’s investments?
For conservatives, the answer is simple: liberal media bias. But Schweizer says he finds the mediaÂ’s glaring oversight disheartening.
“The fact that it took a Tallahassee-based policy wonk working with a team of college student researchers to uncover the ‘honest graft’ by Democrats and Republicans and publish it all in a book like Throw Them All Out is, I think, a little depressing,” he says. “The media play an important role in vetting our leaders. When they fail to do so, it hurts us all, regardless of our political views.”
I mentioned earlier: there are two aspects of media bias to the media's determination to tank this story.
The first is simple political bias. Democrats have been robbing us stupid for decades, and they want to protect their beloved socialist thieves.
The other bias is due to institutional turf-protection and defensiveness over incompetency.
The media could have had this story. But they were too lazy and/or too biased to report on it. It wasn't fed directly to them by a prosecutor making a case, so why bother doing any digging?
Laziness and incompetence.
Because they missed a big story, and yet they are supposedly in charge of Discovering Big Stories, it must be the case then that this is not a big story at all. It must be a tiny little story, easily poo-pooed.
Because if it's big, and the media missed it... what purpose do they serve, then? What justification is there for their social status?
And 1%-level salaries? (Well, the top ones are 1-percenters, anyway.)
The One Percent Media
Protecting our Socialist Overlords through our profound political bias and simple inability to serve as anything other than palace stenographers.
More: On John Kerry's aristocratically-pointy nose for hot medical stocks.
Posted by: Ace at
01:00 PM
| Comments (80)
Post contains 496 words, total size 4 kb.
Posted by: kbdabear at November 18, 2011 01:04 PM (Y+DPZ)
In this day and age, a Jew broad prejudiced against Italics !!
Posted by: Tommy DeVito at November 18, 2011 01:05 PM (Y+DPZ)
Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 18, 2011 01:05 PM (8y9MW)
Check your </i> tag, ace.
Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 18, 2011 01:06 PM (8y9MW)
Ofcourse the media is biased! They'll do anything to dig into something that might reflect badly on their precious. Add into that, they're fucking lazy and don't want to be called on it, especially from bloggers.
Posted by: EC at November 18, 2011 01:08 PM (R15UB)
Posted by: Soona at November 18, 2011 01:09 PM (Au6cR)
Posted by: Delta Smelt at November 18, 2011 01:10 PM (dV45O)
Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 18, 2011 01:12 PM (8y9MW)
Posted by: toby928© Perrykrishna with tattooed knuckles at November 18, 2011 01:12 PM (GTbGH)
Posted by: Jon Karry at November 18, 2011 01:13 PM (KOQBP)
Posted by: TXMarko at November 18, 2011 01:13 PM (Tax61)
Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 18, 2011 05:12 PM (8y9MW)
It comes ups....you could track it.
Posted by: Tami at November 18, 2011 01:13 PM (X6akg)
The other bias is due to institutional turf-protection and defensiveness over incompetency.
Yep. Same thing that kept Breitbart's ACORN sting out of newspapers.
Posted by: Michael Rittenhouse at November 18, 2011 01:13 PM (2Oas0)
Kerry has to compliment his meager Gigolo salary somehow.
Wearing a thong and massaging bunions is tough work, no doubt.
Posted by: Delta Smelt at November 18, 2011 01:15 PM (dV45O)
Unless you live in the Phoenix area, about zero.
Posted by: Hollowpoint at November 18, 2011 01:16 PM (SY2Kh)
Posted by: Serious Cat at November 18, 2011 01:16 PM (2YIVk)
It's almost as if they're somehow involved in an incestuous relationship where the media go hand in hand with the status quo.
*cuts eyes left and right*
Posted by: CabaList at November 18, 2011 01:16 PM (GTbGH)
Posted by: Empire of Jeff at November 18, 2011 01:17 PM (l9zgN)
Posted by: Conan the kilt wearing Honey Badger at November 18, 2011 01:17 PM (GvYeG)
Hey, you know who we haven't seen in forever? Erg.
You don't reckon he finally made that trip to North Korea, do you?
Posted by: toby928© Perrykrishna with tattooed knuckles at November 18, 2011 01:18 PM (GTbGH)
Gawd can you imagine the condition of the country if Gore and Kerry got elected then along comes the stuttering cluskerfuck of a miserable failure?
Posted by: YIKES! at November 18, 2011 01:18 PM (etHkh)
Posted by: Burt TC at November 18, 2011 01:19 PM (TOk1P)
Posted by: Jimmah at November 18, 2011 01:19 PM (vj51i)
Gawd can you imagine the condition of the country if Gore and Kerry got elected then along comes the stuttering cluskerfuck of a miserable failure?
USSA. Socialism? You're soaking in it.
Posted by: toby928© Perrykrishna with tattooed knuckles at November 18, 2011 01:19 PM (GTbGH)
Hey, you know who we haven't seen in forever? Erg.
You don't reckon he finally made that trip to North Korea, do you?
Posted by: toby928© Perrykrishna with tattooed knuckles at November 18, 2011 05:18 PM (GTbGH)
Shit happen.
Posted by: Robert Wagner at November 18, 2011 01:20 PM (etHkh)
Posted by: Delta Smelt at November 18, 2011 01:21 PM (dV45O)
Posted by: YIKES! at November 18, 2011 05:18 PM (etHkh)
We'll never know, will we komrad?
Posted by: American Communist Party at November 18, 2011 01:22 PM (Au6cR)
Posted by: Joe Biden at November 18, 2011 01:22 PM (ee1NQ)
Speaking of Perry, I just told his most rabid supporter he's running national ads on FOX news, and almost out of money. And my take on it is he'll be dropping out soon after this Hail Mary fails.
If no reply within the hour I'll assume her head exploded.
Posted by: Jimmah at November 18, 2011 01:22 PM (vj51i)
I mentioned earlier: there are two aspects of media bias to the media's determination to tank this story.
The first is simple political bias. Democrats have been robbing us stupid for decades, and they want to protect their beloved socialist thieves.
The other bias is due to institutional turf-protection and defensiveness over incompetency.
=======
And there is no possibility whatsoever that where they get their paychecks has anything to do with the decisions they make.
Posted by: jc at November 18, 2011 01:23 PM (i8c5b)
Well, in my case it's looks. I can't speak for the others.
Posted by: Helen Thomas at November 18, 2011 01:23 PM (6TB1Z)
Posted by: Otis B. Driftwood at November 18, 2011 01:23 PM (NicRc)
Posted by: an elder of zion at November 18, 2011 01:24 PM (+56Bh)
Posted by: jerry sienfeld at November 18, 2011 01:26 PM (+56Bh)
Posted by: John 'pride of Ireland' Kerry at November 18, 2011 01:26 PM (ee1NQ)
Speaking of Perry, I just told his most rabid supporter he's running national ads on FOX news, and almost out of money. And my take on it is he'll be dropping out soon after this Hail Mary fails.
If no reply within the hour I'll assume her head exploded.
Posted by: Jimmah at November 18, 2011 05:22 PM (vj51i)
And when Perry finds more campaign contributors (and he will), I want to see your head explode. He's a long way from being out of the race.
Posted by: Soona at November 18, 2011 01:27 PM (Au6cR)
Mine seems to be coming FedEx, and just says "In Transit."
I think they should put little GPS transmitters in those packages, so you can track EXACTLY where your package is.
Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at November 18, 2011 01:27 PM (8y9MW)
I like to think of them as the emperor's eunuchs. Amongst themselves, there is all kinds of jockeying for position, depending on who gets to examine the emperor's turd. To the outside world, they are increasingly an object of derision and pity.
Except for Lara Logan. rrrrrrrrrrrrrrrrrrowr
Posted by: pep at November 18, 2011 01:27 PM (6TB1Z)
Posted by: John F'in Kerry at November 18, 2011 01:27 PM (vj51i)
Posted by: kirsten powers at November 18, 2011 01:28 PM (+56Bh)
So, how will you atone when you are proven wrong? No really, I'm tired of the blind assertions.
Posted by: pep at November 18, 2011 01:29 PM (6TB1Z)
It's all the things you hate about big business and big government combined!
Now with marshmallows!
For kids and adults!
Posted by: Shiggz - Newt (for now) at November 18, 2011 01:30 PM (I9fXA)
Posted by: pep at November 18, 2011 05:29 PM (6TB1Z)
It's no more a blind assertion than the shit you're throwing against the wall.
Posted by: Soona at November 18, 2011 01:32 PM (Au6cR)
Posted by: Truman North at November 18, 2011 01:34 PM (I2LwF)
Posted by: nickless, back with the banned (99.174.64.43) at November 18, 2011 01:35 PM (cBVAS)
-GE is a true American company who is environmentally conscious.
-John Stewart is the most honest name in news.
-My professors care about me and want me to be more open minded. Not like my greedy parents who bought me a used car and hate me and just want to brainwash me.
Posted by: Get my news from the MSM at November 18, 2011 01:35 PM (I9fXA)
-GE is a true American company who is environmentally conscious.
-John Stewart is the most honest name in news.
-My professors care about me and want me to be more open minded. Not like my greedy parents who bought me a used car and hate me and just want to brainwash me.
Posted by: Get my news from the MSM at November 18, 2011 05:35 PM (I9fXA)
-John Stewart is funny. And he really cares. Just like Obama.
Posted by: Typical College Student at November 18, 2011 01:40 PM (Au6cR)
Posted by: brett favre at November 18, 2011 01:46 PM (+56Bh)
"“The media play an important role in vetting our leaders. When they fail to do so, it hurts us all, regardless of our political views.”"
Uh, the media did uncover this information, just not YOUR media. And if that failure hurts you, it sure doesn't hurt us.
Posted by: SouthofReality at November 18, 2011 01:51 PM (E86oe)
And yet he threw medals belonging to someone else over the WH fence while pretending they were his own.
He went on to marry 2 women far wealthier than himself, with the second even wealthier wife, actually being the widow of a dead colleague.
Later he swift boated his foreign built yacht right out of applicable Mass taxes after repeatedly calling for tax increases.
Somehow I don't see him struggling with the ethics or legality of insider trading.
Call me a cynic.
Posted by: ontherocks at November 18, 2011 01:58 PM (HBqDo)
It is utterly amazing that even after the 60 MINUTES expose and the book the media is still ignoring this story - or at least trying to bury it. I don't know the history of congressioanl insider trading - but I'd be willing to bet $100 sight unseen that Liberals had a greater than 50% interest in it!
Posted by: DRAW A MOHAMMED EVERY DAY at November 18, 2011 02:06 PM (tuCVl)
Posted by: Merovign, Dark Lord of the Sith at November 18, 2011 02:09 PM (bxiXv)
True, he made the donations and deducted them/removed them from taxable income, HOWEVER! He didn't donate to a foundation on which he and his family members where boardmembers, unlike the Kerreys, Kennedy's, Gates', Clintons and other more altruistic "leaders" of commerce.
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Posted by: steevy at November 18, 2011 01:01 PM (7WJOC)