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Beck Proves What A ClassLess A-Hole He Is By: Steve - February 26, 2010 - 11:30am Keith Olbermann is off work to be with his dying Father at the hospital. So what does the great Glenn Beck do, he makes a smart ass comment about how his Father would already be dead if Obamacare was in place. Other than the fact that it's is a lie, because Olbermann's Father had his own health care, and Keith could have paid anything he needed, it's insulting and disrespectful to talk about someone who has a dying Father. My Mother passed away 12 years ago, and it was the worst thing that ever happened in my life. You feel it really bad for a long time, at least a year, and you never really forget it, or get over it. To this day I sometimes tear up thinking about her death, so it is nothing to joke about. And if Beck ever said something like that about me and my Father, I would hunt him down and give him the beating of his life. The fact that Beck said it proves that he is not a man, he is a piece of trash, and a liar. Beck says Olbermann doesn't get it: Under "death panels," "your father would be dead by now" Glenn Beck Gives Keynote Speech At CPAC By: Steve - February 21, 2010 - 8:30am For anyone that does not know what that is, it's the Conservative Political Action Conference. As the Washington Post stated, "CPAC is the preeminent yearly gathering of conservative activists." Glenn Beck gave the keynote speech at CPAC: Now wait a minute, O'reilly said Glenn Beck is not a conservative, that he is every man sitting on a bar stool. Glenn Beck himself has even said he is not a conservative. If that's true, why is he on the Fox News Network, why is he supporting Sarah Palin, and why in the hell is he giving the keynote speech at the most conservative conference in America. And btw, Beck called Rush Limbaugh a hero, who was their keynote speaker last year, and the year before that it was Ann Coulter. To anyone with half a brain it's pretty clear that Beck is a Republican, and if he is not honest about that, how can you believe anything he says. If he will lie about being a Republican, when you can clearly see he is one, then what's to stop him from lying about everything else. And the same goes for O'Reilly, if he is willing to lie about being a Republican, and lie about Beck being a Republican, then he will also lie about anything. So neither one of them can be trusted to tell the truth. Everyone knows they are both Republicans, yet they still lie about it anyway. Which proves they are dishonest, and have no credibility, because they will lie about something everyone knows is a lie. Beck Called The Progressive Movement A Disease By: Steve - February 20, 2010 - 10:30am How many times has Beck called the conservative movement a disease, exactly zero times, as in never. In fact, pretty much all his viewers are conservatives. Which is funny because Beck claims he is not a Republican, even though he is, and the comment about progressives is just more proof he is. Clueless Right-Wing Coward Sends Me An E-Mail By: Steve - February 19, 2010 - 11:30am Some right-wing loser (Rich Deaver) who I have never heard of, sent me an e-mail on Wednesday. In this e-mail, that was sent to my beck sucks e-mail address, Deaver said I did not have the balls to answer his e-mail, that I am an idiot, that I do exactly what Beck does, and that a majority of my information comes from Keith Olbermann. All of that is wrong, and a lie. I did reply to his e-mail, I am not an idiot, I do nothing like what Beck does, and almost none of my information comes from Keith Olbermann, in fact, I rarely ever use anything from Olbermann. I get most of my information about Beck from Media Matters and Thinkprogress, among a few other places. So this loser Rich deaver is clueless and misinformed. Here is the e-mail he sent me, and btw, I replied to him two days ago and as of today he has not answered my e-mail to him. From: rich deaver - rrdee110689@yahoo.comDon't you just love the Broadcast Talent part, what talent, and who are you. I have never heard of this nut, and I can not find anything about him anywhere. Notice he called it a sight, when it's a site, as in website, then he spells Olbermann like this, Olbelman. That is talent, I guess. And then it's pretty clear the guy is a lunatic because he said I do the same thing Beck does. Beck is a right-wing nut who has a so-called news show on a so-called news network. He spends an hour a day spewing out lies and non-stop right-wing propaganda. I quote Glenn Beck, show you his words from his own transcript, and sometimes I even include the video of him saying what I quoted. That is called reporting the facts, and it is nothing like what Beck does. That alone shows that this nut job Deaver is clueless. Then he talks about the ratings for Beck and Olbermann, as if that means anything as far as honesty and credibility. Ratings have nothing to do with honesty, it just shows that you can get a lot of people to watch your insanity. Which also proves what a moron this Deaver is. Then he says I am in the huge minority, when the President is a Democrat, the House has a Democratic majority, and the Senate has a Democratic majority. Proving once again that Deaver is as about as clueless as a person can get. He claims to be offended by my propaganda, when all I do is quote Beck word for word, and show video of what he said, that is not propaganda, it's called honest reporting. So Deaver does not even know what propaganda is. And finally the best parts of his insane e-mail, he claims to have a talk show, that he wants me to be a guest on, and he says I do not have the balls to answer his e-mail. I not only replied to him, I said anywhere, any time, any place. I agreed to be a guest on his show, if he even has one. And that was two days ago, guess what he said. NOTHING, ZERO, NADA, he has not replied to my e-mail, proving that not only is he a clueless misinformed right-wing idiot with no facts to back up his claims, he is a coward too. The little man called me out and claimed I am afraid to answer his e-mail, so I do, and he does not answer my e-mail. And btw folks, this is what happens with 99% of the e-mail I reply to, 9.9 times out of 10, they never answer my reply to them. Proving that most of these right-wing tools have no facts, and that when they are confronted with the facts, their reaction is to just go away and I never hear from them again. These are the real people who watch Glenn Beck, and O'Reilly, most of them are misinformed cowards. these are the crazy clueless viewers Beck and O'Reilly do not want anyone to know about. And they are why I publish these e-mails, to show people what their viewers are really like. And I could show you a hundred more just like it. I only publish the e-mails I reply to, but I get 4 or 5 a month just like this one. And I would say 90% of them are full of misinformation and spelling errors. Not typos, actual spelling errors. These are the people that worship Beck and O'reilly, the people they do not want you to know about. P.S. It's quantum physics SPARKY, not quantam psyics. Please do not write me hate mail using words you can not even spell, it just makes you look like an even bigger fool than you are, or at least use a spellcheck. Beck: Get Away From Anyone Calling For Revolution By: Steve - February 19, 2010 - 9:30am So how can you get away from yourself, and Sarah Palin, and half the Anchors at Fox News. Because all of them have called for a revolution, especially Beck who has called for a new revolution at least 10 times that I can think of. And not only has Beck and other conservatives called for a revolution, they have called for an armed revoulution. They even started it during their protests last summer when a bunch of them starting showing up at protests with guns. Then you had the conservatives who started killing liberals, the Knoxville Church shooting, the Dr. Tiller shooting, etc. So not only has Beck and many other conservatives called for a revolution, it's already started. Then the crazy bastard says you should get away from anyone calling for a revolution. Which would mean he is calling for everyone to get away from Sarah Palin, Limbaugh, Hannity, himself, etc. And btw, that would also mean he is calling for everyone who watches his show to get away from him. Just watch the video, then ask yourself, why does this lunatic have a show on a so-called news network. One day he calls for a revolution, then the next day he says get away from anyone calling for a revolution. It proves that Beck is literally insane. And the scariest part of the whole thing, is that Fox News allows this insane lunatic to have a tv show. Beck Wins Gold In Worlds Worst Persons By: Steve - February 19, 2010 - 8:30am From the Tuesday 2-16-10 Countdown With Keith Olbermann: OLBERMANN: But our winner, Lonesome Roads Beck. His advice today on what to do with the Taliban's number two, Mullah Baradar, captured by US and Pakistani intelligence? "We've just captured the second most wanted guy in al Qaeda. Shoot him in the head." Taliban, not al Qaeda. Different groups. Like you wouldn't want me calling you "New York Post" when you're Fox News. First thing out of my mind, "shoot him in the head." Yes, that's not the first thing out of your mind. Don't you want to interrogate him, Becky was asked. "If I were in charge, we'd be interrogating him. We'd interrogate and interrogate him, and then we'd shoot him in the head." Shoot him in the head before we release him into, what, primary schools in New York City? What are we going to do with this guy? Since it's worked with a lot of other people whose plans would destroy America, give him a show on Fox News. Glenn "he's every man at the bar, if every man has just escaped from a mental health facility" Beck, today's worst person in the world. Beck Caught Lying About The Stimulus By: Steve - February 19, 2010 - 8:00am Yesterday, the so-called truth teller Glenn Beck, advanced the conservative myth that no jobs have been created under the stimulus and claimed that its "intent to restore the economy is not working." During his February 17 Fox News tv show, Beck said, "Can I ask you this question: Was there any intent to restore the economy in the first part? Because that's not working either. Maybe it could be in the third part. I don't know." He later said that the ARRA "was not about creating jobs. None have been created." And now the actual facts, Beck is lying. Independent analysis of the stimulus, including those conducted by Moody's Economy.com and the nonpartisan Congressional Budget Office, have estimated that the American Recovery and Reinvestment Act increased employment by as many as 2 million jobs by the end of 2009 and added to real GDP growth in the second, third, and fourth quarters of 2009. Not to mention 110 Republican members of Congress and the conservative American enterprise Institute have even admitted the stimulus is working, directly disputing what Beck is saying. In a quarterly report issued January 13, the White House Council of Economic Advisers estimated: "As of the fourth quarter of 2009, the ARRA has raised employment relative to the baseline by between 1½ and 2 million. The CEA estimates for both the effects on GDP and employment are similar to those of respected private forecasters and government agencies." NY Times Leonhardt: Independent analysts "estimate that the bill has added 1.6 million to 1.8 million jobs so far and that is ultimate impact will be roughly 2.5 million jobs." The Congressional Budget Office, considers these estimates to be conservative. "The CEA estimates the ARRA act contributed between 2 and 3 percentage points to real GDP growth in the second quarter; between 3 and 4 percentage points in the third quarter; and between 1 and 3 percentage points in the fourth quarter. The estimates imply that as a result, it has raised the level of GDP at the end of 2009 by about 2 percent." The CEA also noted that "private sector estimates" of the stimulus effects on GDP were "generally similar." So everyone says the stimulus is working, except for Glenn Beck and a few far right conservatives that deny it because it makes Obama look good. My question is who are you going to believe, Glenn Beck, or everyone else who says it is working. And if you believe Beck, you need some mental help, because the facts show he is wrong. And btw, if the conservative American Enterprise Institute admits it is working, you know it is, because they hate Obama and you know it kills them to admit the stimulus is working. But unlike Beck, they are at least honest about it, because they do not want to destroy their credibility. Beck could care less about his credibility, all he cares about is putting out right-wing propaganda to make Obama look bad. Becks UK Broadcast Running Without Commercials By: Steve - February 17, 2010 - 8:30am Yesterday, Color of Change and StopBeck.com announced that the United Kingdom has rejected Fox News host Glenn Beck. In fact, the UK broadcast of his show "was forced to run without any advertisements" for five days in a row as of Monday. And so far 103 companies have agreed to stop their ads from appearing on his program here is the USA. Some of the latest defections include Allstate Insurance, Anheuser-Busch, Idaho Potato Commission, Marriott International, Volkswagen, and Western Union. Here are some of their comments: "We in no way want to promote the hateful rhetoric of Mr. Glenn Beck, and therefore take this matter very seriously," said Dino Balzano, director of advertising at Concord Music Group, parent company of Hear Music.And btw, none of this news is ever reported on the Fox News Network, by anyone. O'Reilly even has Beck on the Factor every week for a regular segment, and not a word of this story has ever been mentioned. Even though O'Reilly has said that only far-left loons hate Beck, he ignores the fact that 103 Corporate sponsors have pulled their ads from the Glenn Beck show. Maddow Schools Beck On Climate Change By: Steve - February 17, 2010 - 8:00am Last Friday Rachel Maddow showed what a stupid lying hypocrite Glenn Beck is on global warming. Beck claims that nobody is saying big snowstorms in winter disproves global warming is real. When he has said it himself, 3 or 4 times, Hannity has said it, Inhofe has said it, Limbaugh has said it, and almost everyone at Fox News has said it. So not only is he a liar, he is a stupid liar. Here is the transcript: ----------------------- MADDOW: On his radio show today, Glenn Beck played a clip of our show from Wednesday in which I spoke with Bill Nye, the science guy, about people saying that climate change - global warming - couldn't possibly be real because it was snowing on the east coast in February. Beck played the clip and then mocked The Science Guy. (BEGIN AUDIO CLIP) BECK: All right. Go ahead, Bill. BILL NYE: There's more energy in the atmosphere and this is stirring things up. BECK: Oh, boy - NYE: If you want to get serious about it - BECK: Seriously. NYE: These guys claiming that the snow in Washington disproves climate change - BECK: Nobody's saying that. Stop! Stop! Stop! NYE: Are almost unpatriotic. BECK: Oh, boy! Hit the Tim Robbins - I'm sorry the Mr. Sarandon bite again. TIM ROBBINS: A chill wind is blowing in this nation. BECK: Oh, it's un-American. Unpatriotic. Unpatriotic to claim - first of all, who has claimed that this snow storm is proof that global warming doesn't exist? (END AUDIO CLIP) MADDOW: Who's claimed that? Dude, you have. A lot. (BEGIN AUDIO CLIP)MADDOW: Same radio show. Same guy and it's not like that was a one-off occurrence. (BEGIN VIDEO CLIP)MADDOW: Who has claimed that the snowstorm is proof that global warming doesn't exist? Who has claimed that? It is one thing to be totally outrageously wrong about facts. But the price of that is getting made fun of for it and getting called out on it by, boom, Bill Nye the Science Guy. On climate change, new rule - you lie, you must pay the Nye. -------------------- And now after that if you ever believe anything Beck says you are a braindead right-wing nut. He says the big snowstorms in winter prove global warming is not real, then a scientist proves he is wrong, so then Beck denies he said it, and makes fun of the scientist who busted him for lying about it. Beck Still In The Business Of Fear By: Steve - February 16, 2010 - 12:30pm Even after repeated denials from Glenn Beck that he does not engage in fearmongering, he is doing it once again, for about the 100th time. On the Tuesday 2-16-10 Glenn Beck radio show, Beck said that violence is part of the White House strategy, he said, "They may be purchasing baseball bats right now" Here is the audio: The Truth About Sarah Palin & The Tea Party By: Steve - February 14, 2010 - 8:30am Beck, Fox News, and especially Bill O'Reilly all claim Sarah Palin is popular, and qualified to be the President. They also claim MOST Americans have a favorable view of the Tea Party. All of that is a lie, and if you look at the facts you will see that it's a lie. A new Washington Post/ABC News poll proves it. Here are the facts: Two-thirds of Americans are "dissatisfied" or downright "angry" about the way the federal government is working, according to a new Washington Post-ABC News poll. And btw, O'Reilly cited a Rasmussen poll that said 75 percent are angry, when this poll says it is only 33 percent. Despite the disapproval of government, few Americans say they know much about the "tea party" movement, which emerged last year and attracted voters angry at a government they thought was spending recklessly and overstepping its constitutional powers. And the new poll shows that the political standing of former Republican vice presidential nominee Sarah Palin, who was the keynote speaker last week at the first National Tea Party Convention, has deteriorated significantly. Nearly two-thirds of those polled say they know just some, very little or nothing about what the tea party movement stands for. About one in eight says they know "a great deal" about the positions of tea party groups. Although Palin is a tea party favorite, her potential as a presidential hopeful takes a severe hit in the survey. Fifty-five percent of Americans have unfavorable views of her, while the percentage holding favorable views has dipped to 37 percent, a new low in Post-ABC polling. There is a growing sense that the former Alaska governor is not qualified to serve as president, with more than seven in 10 Americans now saying she is unqualified, up from 60 percent in a November survey. Even among Republicans, a majority now say Palin lacks the qualifications necessary for the White House. Palin has even lost ground among conservative Republicans, who would be crucial to her hopes if she seeks the party's presidential nomination in 2012. Forty-five percent of conservatives now consider her as qualified for the presidency, down sharply from 66 percent who said so last fall. Among all Republicans polled, 37 percent now hold a "strongly favorable" opinion of Palin, about half the level recorded when she burst onto the national stage in 2008 as Sen. John McCain's running mate. Among Democrats and independents, assessments of Palin also have eroded. Six percent of Democrats now consider her qualified for the presidency, a drop from 22 percent in November; the percentage of independents who think she is qualified fell to 29 percent from 37 percent. The polls show they have a less favorable view of her today than they did a year ago. O'Reilly even claimed her recent book tour, and her getting hired at Fox made her look better, when in fact, it's made her look worse. Proving that he is a spin doctor who loves Palin, and will say anything to make her look good. The new poll shows Republicans divided about the tea party movement, which threatens to cause a rift in the lead-up to November's midterm elections. Two-thirds of those calling themselves "strong Republicans" view the movement favorably, compared with 33 percent among "not very strong Republicans." Overall opinion is about evenly split, with 35 percent of all Americans holding favorable views of the movement and 40 percent unfavorable ones. Nearly six in 10 Democrats have unfavorable views, while independents are split, 39 percent positive and 40 percent negative. Even after staging a national convention that garnered worldwide media attention, the burgeoning tea party effort remains something of an enigma. Through town hall protests and mass gatherings, it has given voice to those disillusioned with President Obama's economic policies and health-care agenda. But the movement has no national leadership, making it difficult to measure the size or makeup of its following. The new poll offers a portrait of tea party supporters as overwhelmingly white, mostly conservative and generally disapproving of Obama. Glenn Beck Caught Lying Again By: Steve - February 12, 2010 - 8:00am What a shocker, haha, NOT! Today on his radio show Glenn Beck said he does not endorse anyone, and he never will, that he does not lend his credibility to anyone. After you say to yourself, what credibility, you say good for him, because people in the media should not endorse anyone. And that would be a mistake, because Beck is lying, and he has endorsed someone, Sarah Palin. During the February 11th edition of his radio show, Beck said this: BECK: "I don't ever endorse anybody, nor do I want to. I'll tell you what I think about individuals, but I don't endorse them. I don't lend my credibility to anybody."And now the truth: During an October 27, 2008, broadcast, a few days prior to the 2008 presidential election, Beck stated that he was endorsing Sarah Palin: BECK: I'm endorsing Sarah Palin. I'm endorsing -- my hope is in Sarah Palin. Here's why. A lot of people will say, aw jeez, too inexperienced. Yep, yep, she doesn't have a lot of experience in Washington. She doesn't have a lot of experience in being a community organizer. She doesn't have a lot of experience in the Senate.And once again Beck is caught red handed in a flat out lie. Proving that he has no credibility to lend out, because he is a lying fool. There are even two lies in there, the lie about not endorsing anyone, and the lie that he is not a right-wing shill, because anyone who supports Palin is clearly a right-wing shill. Beck Joins The Global Warming Denial Crowd By: Steve - February 11, 2010 - 10:00am And not only does he deny Global Warming is real, he is telling all the 3,000 climate scientists to commit suicide with knives. Beck said this yesterday on his radio show: BECK: There's not enough knives. If this, if the IPCC had been done by Japanese scientists, there's not enough knives on planet Earth for hara-kiri that should have occurred. I mean, these guys have so dishonored themselves, so dishonored scientists.Beck argued that the world's climate scientists should commit suicide because they have so dishonored themselves. After repeating exaggerated and false smears about the work of the United Nations Intergovernment Panel on Climate Change, Beck said "there's not enough knives on planet Earth for hara-kiri that should have occured," referring to the form of ritual suicide used by Japanese samurai. Beck's ridiculous hate filled right-wing propaganda is part of a larger campaign to demonize the thousands of climate scientists in the IPCC and discredit their consensus that manmade pollution is destabilizing the global climate. Their latest effort paints a wild picture of a global conspiracy to defraud the public, based on a couple of inaccurate and poorly sourced claims in the 3,000-page IPCC report. Unfortunately, Beck is not the first to tell climate realists to commit suicide. Last year, Rush Limbaugh told New York Times climate reporter Andrew Revkin to "just go kill yourself." Now imagine if a Global Warming believer said everyone that denies Global Warming is real should commit suicide. My God the people at Fox (and especially O'Reilly) would flip out and call for that person to be horse whipped. But when Beck calls for climate scientists to commit suicide, Fox and O'Reilly are silent. And if Beck is right, that Global Warming is a fraud, how come no Independents are saying it, how come only Republicans are saying it, ask yourself that question. StarKist Tuna 102nd Sponsor To Drop Beck By: Steve - February 8, 2010 - 10:00am Last week, Glenn Beck lost his 100th (Honda) and 101st (Best Western) sponsors. Beck came under a fire from a coalition of civil rights groups for his suggestion that Pres. Obama's name, Barack, is un-American. And now he has lost another sponsor, Starkist Tuna. From the StarKist statement posted February 8: We do not dictate what program is on when our commercial airs. But we do frequently evaluate our media purchases to ensure that the programs we choose match our brand's target demographics and overall advertising plan. In doing so, we have chosen to not air our commercial during Glenn Beck's program going forward.And you should also note that not one person at Fox News has ever said a word about all these sponsors Beck has lost in the last 6 months or so, or the story about Beck saying Obama using the name Barack, which is his actual name, is un-American somehow. They have totally ignored it all, even though they complain about the rest of the media and things they ignore. When they do it as much, or more, than anyone else does. Beck Wins Gold In Worlds Worst Persons By: Steve - February 4, 2010 - 9:00am Now this is great, and classic lies from Beck. He says Obama is leading you to slaughter, then he denies he said it, then he is not sure he said it, then he says he might have said it but he was talking about Hitler or Mao, when it's all lies, and what happened is Beck tells so many lies he can not keep them all straight. Here is what Keith Olbermann said about it when he named him worst person in the world Tuesday night. ----------------- OLBERMANN: Our winner, Lonesome Roads Beck. Today, "on yesterday's broadcast I said I never used the word slaughter on the air, never used it on the air, because I'm pretty sure I would remember saying the administration was slaughtering people, was going to slaughter people." Yesterday Beck said, "I don't know if I've ever used the word slaughter, and if I used the word slaughter, it wasn't in the context of Mao, Stalin or Hitler. It was in the idea that the truth is being slaughtered by this administration, not saying that this administration is going to slaughter anyone. I have said that progressives, this ideology, has led to the slaughter of millions. It has. It has." So, today, he says he never used the word slaughtered on the air. Yesterday he didn't know. Here's what he said on November 3rd of last year. (BEGIN VIDEO CLIP) BECK: I told you yesterday, buckle up your seat belt America. Find the exit, there's one here, here and here. Find the exit closest to you, and prepare for a crash landing. This plane is coming down, because the pilot is intentionally steering it into the trees. They are taking you to a place to be slaughtered. (END VIDEO CLIP) OLBERMANN: Yep, he's right, he never said the word slaughtered. He's not even named Glenn Beck. He's not on television. We've always been at war with East Asia. Glenn "Did you ever get the feeling some people just stop trying" beck, today's worst person in the world. ----------------------- And let me add something to what Keith said. The Glenn Beck show tapes every single show they do, as every news show does, then those tapes are put into an archive. They can go back and search those archives at any time by using keywords, just like doing a google search. So they know exactly what Beck said, and when he said it. But he still goes on the air and lies about saying it, or what context he used when he said it. In fact, even if they did not archive the tapes from his show, which they do, you can still find a video of Beck saying it in 5 seconds, with a simple google search from any computer in the world. Proving that not only is Beck a right-wing idiot, he is a lying idiot. Glenn Beck Is Stupid - And A LIar By: Steve - February 1, 2010 - 10:00am Read this blog posting and notice how stupid Glenn Beck is, and what a total liar he is. It's stunning to me that someone this dumb has a tv news show. Beck just spins out one lie after another, and if he is not spinning out these lies on purpose for partisan reasons, then it means he is borderline retarded. So he is either a spin doctor who puts out lies on purpose, or one of the dumbest people in journalism, or maybe both. On January 28th, 2010. Beck talked about the origins of the financial crisis, but he made several false claims. Beck misinformed his viewers on the difference between institutions that provide student loans and those that purchase existing home loans, and lied about his own past comments on the financial bailouts, and the Federal Reserve's regulatory role. Basically he got it all wrong, nothing he said was accurate. Beck said that Fannie Mae and Freddie Mac are "who the government uses" to give everybody student loans. BECK: Oh, by the way, you know the president? He talked about, you know, giving everybody student loans? You know, and taking care of that, last night? You know who the government uses to handle all that money and give everybody loans? Yeah, Fannie Mae and Freddie Mac. It's going to turn out well, don't you think?WRONG! WRONG! WRONG! Fannie Mae and Freddie Mac are government-sponsored entities that operate in the home mortgage market, not in student loans. So during the commercial break someone on the show must have told Beck he was wrong about Fannie and Freddie, because he then said this. BECK: By the way, because we had an argument in the break -- Fannie does student loans, Freddie does not, but Fannie does, and Sallie Mae does. But, I just -- the reason why I lump them all together is because mom, dad, child, I mean, it's the same stuff.WRONG! WRONG! WRONG! So even after being corrected during the break, Beck still got it wrong. Fannie Mae and Freddie Mac are GSEs that deal in mortgage lending, they do not give out student loans of any kind. And it's not the same stuff, Sallie Mae is a publically traded for-profit corporation that offers several types of educational loans, and they have been since 2004. Sallie Mae is not the Government, they terminated their government contracts and completely privatized in 2004. So Beck had it all wrong. Then Beck claimed he was against the bank bailouts, which is another lie. Beck said of the "greedy bankers" who got bailout money: BECK: I didn't want them to get the money in the first place.LIE! LIE! LIE! Over a year ago, in September of 2008, Beck said this: BECK: I thought about it an awful lot this weekend, and while it takes me -- it takes everything in me to say this, I think the bailout is the right thing do.So not only did Beck support the bank bailouts, he said they would need more than the $700 Billion they were getting. And then on top of that he called the people in Washington weasels for not giving them more than $700 Billion. So he is about as big of a liar as you can be. And that was not all, Beck also lied about the Federal Reserve. Beck said it was the job of Alan Greenspan and the Federal Reserve to oversee Goldman Sachs. WRONG! WRONG! WRONG! BECK: Greenspan had a bunch of advisers. He does. He has a bunch of people. They have a bunch of chairs. They have 12 Fed chairs all around the country, and really smart people sit in these Fed chairs and they oversee things like Goldman Sachs. That's their job.LIE! LIE! LIE! The Federal reserve had no authority to regulate Goldman Sachs, until after the financial crisis hit. The Federal Reserve only has regulatory and supervisory responsibilities over COMMERCIAL banks. Before the financial crisis, Goldman Sachs was an INVESTMENT bank and NOT subject to the Federal Reserve regulations. Goldman Sachs announced its conversion to a bank holding company on September 21, 2008 -- after the financial crisis happened. In announcing the conversion, Goldman officials even cited the benefits of Federal Reserve oversight as a reason for the move. "When Goldman Sachs was a private partnership, we made the decision to become a public company, recognizing the need for permanent capital to meet the demands of scale. Our decision to be regulated by the Federal Reserve is based on the recognition that such regulation provides its members with full supervision and access to permanent liquidity and funding," said Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs.In a September 22, 2008 article, The New York Times reported this: "Goldman Sachs and Morgan Stanley, the last big independent investment banks on Wall Street, will transform themselves into bank holding companies subject to far greater regulation, the Federal Reserve said Sunday night, a move that fundamentally reshapes an era of high finance that defined the modern Gilded Age. So Beck got that wrong too, Greenspan and the Fed did not have oversight on Goldman Sachs because they were an investment bank, not a commercial bank. Proving that Beck is a clueless moron that does not even know the facts. |
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