Saturday, August 14, 2010

Countdown to Collapse: The Recovery is Not Recovering by Danny Schechter

Financial journalist Charles Gasparino whose career trajectory took him from Newsweek to CNBC to Fox News was on with Bill O' Reilly doing what the host of the factless Factor likes to do the most: promote Fox News. In the course of their self-promotional banter, Gasparino let sip an unverifiable story about a meeting of top CEOs speculating about whether President Obama really is a secret Socialist.

Stories like this, invented or not, freak a White House ever eager to reassure the business world of their loyalties. That is no doubt why Robert Gibbs, the President's Press Secretary took a whack at the "professional left," a statement he later said had been "inartful" but did not withdraw.

Writing on OpEd News, Kevin Gosztola was not surprised:

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