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Fox News Parent Company Gives $1 Million to GOP Governors Group
By Tom Diemer - Politics DailyThe corporate parent of Fox News Channel has contributed $1 million to the Republican Governors Association, provoking criticism among Democrats that the donation crosses a line that should separate corporate ownership from news operations. Fox News boasts that it is "fair and balanced," but Democrats have long complained that many of its programs tilt toward conservative Republican viewpoints. "It's a jaw-dropping violation of the boundary between the media and corporate realm," said Nathan Daschle, executive director if the Democratic Governors Association. But Jack Horner, spokesman for ...
Jill Lawrence Named Online Columnist of the Year by Society of Professional Journalists
By Melinda Henneberger - Politics DailyI am so proud to report that Politics Daily's Jill Lawrence has been named online columnist of the year by the Society of Professional Journalists, which announced the winners of the 2009 Sigma Delta Chi Awards for excellence in journalism on Monday. Jill, who luckily for us left USA Today to join Politics Daily's staff shortly before our launch a year ago, was honored for her "Sharp Eye on Washington, [with] Minimum Snark." The winning entry included five columns: Liberals, Get Patriotic and Ditch the Volvo; Obama and Congress Shouldn't Let Polls Guide Health Reform; Why Americans Love to ...
Obama Pay Czar Plans to Limit Executives' Cash Compensation
By David Sessions - Politics DailyPresident Obama limited salaries for corporate banking executives whose firms accepted bailout funds earlier this year. Now, his pay czar, Ken Feinberg, plans to crack down on cash salaries for a wide variety of executives at companies receiving large sums of government money, the Wall Street Journal reported Tuesday. In what the Journal called the administration's "most intrusive [move] yet into corporate compensation," Feinberg will limit pay at seven firms he oversees: Bank of America, AIG, Citigroup, General Motors, GMAC Financial Services, Chrysler LLC and Chrysler Financial. Feinberg's ...
U.S. Editorial Pages Challenge Obama's Fiscal Details on Health Care
By David Sessions - Politics Daily"The hard part, in terms of both policy and politics, is finding a way to pay for the expansion in coverage," the editors of the Los Angeles Times wrote Thursday, reviewing President Obama's major address on health care Wednesday night. "On that most contentious issue, unfortunately, Obama argued that Congress could cover most of the cost by attacking waste, fraud and abuse in Medicare and Medicaid -- a pain-free path that's as unrealistic as it is alluring." ...
Whole Foods Uproar: Boycott Call Undercut by the Monopoly Game
By Bob Franken - Politics DailyThere are many who must be asking whether the CEO of Whole Foods, John Mackey, was playing with a whole deck when he showed his hand on health care. What could explain a decision to volunteer, when he could have simply stayed out of the fight, that he doesn't happen to think health care is an "intrinsic right" in this country? ...
Should Obama Let US Auto Makers Go Into Bankruptcy?
By David Knowles - Politics DailyThe debate du jour is over President Obama's forceful words yesterday rejecting the restructuring plans of the big three automakers. In effect, the administration signaled that it was prepared to let GM and Chrysler go into bankruptcy rather than continue to pay its bills indefinitely. Here's The Wall Street Journal:Sending GM and Chrysler into bankruptcy isn't a done deal. But both the government and the auto makers are planning for such an eventuality, barring dramatic, 11th-hour concessions from bondholders, unions and others. Given, as David Brooks notes today, that the big three ...
McCain Wins!
By Christopher Weber - Politics DailyUp until a few hours ago it wasn't clear that McCain would even attend tonight's debate, but now comes word that he's already won it! The above is an internet ad bought by the McCain campaign that ran on the Wall Street Journal site this morning. And it's not the only one. According to The Fix:Another ad spotted by our eagle-eyed observer featured a quote from McCain campaign manager Rick Davis declaring: "McCain won the debate -- hands down."The Straight Talk Express doesn't appear to be running on all cylinders lately. ...
Bat-Bush: A New Hope for Conservatives
By Brandon Barker - Politics DailyRepublicans trying to justify the last eight years have reached a new level of desperation, comparing President George W. Bush to the comic-book hero of America's No. 1 film. No, I'm not talking about the "Space Chimp."In a new opinion piece from the Wall Street Journal, Southern California mystery writer Andrew Kavlan--author of 'You'll Never Have Lunch With a Terrorist In This Town Again'--claims that the new Batman film "The Dark Knight" is a love letter from a conservative Hollywood that is "forced to put on a mask" in order to speak what it knows to be the truth; namely that "doing what's ...
Drilling Fever
By David Knowles - Politics DailyWith the price of gasoline topping $5 a gallon in some parts of the country, America suddenly finds itself gripped by what might be called "drilling fever." Yesterday, the president reversed his father's executive ban on exploratory drilling on the Outer Continental Shelf, and urged Congress to ditch the legislative restrictions that have kept the oil rigs within a limited parameter off our coasts. Here in Florida, a state often mentioned as a prime candidate for future drilling, the idea of drilling is a hot topic in Republican circles. Two nights ago, I listened in on a telephone "town hall" ...
McCains Score Big on Sale of Budweiser
By David Knowles - Politics DailyVia The Wall Street Journal, we learn that Cindy and John McCain will be making out like bandits from the sale of America's largest beer company, Budweiser, to Belgian's InBev NV:Mrs. McCain's company owns between $2.5 to $5 million in Anheuser stock, meaning it will earn $800,000 to $1.6 million premium on the pre-deal stock price. Although Senate personal financial disclosure forms only say that Mrs. McCain's firm owns at least $1 million, a Democratic aide points out that it also reports $50,000-$100,000 in dividends in 2007.Sweet. No word yet on how many American workers will lose their ...
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