Topic: Accuracy in Media
He wouldn't be Cliff Kincaid if he wasn't peddling some kind of conspiracy theory, and Kincaid has a new one on the fire: that the media is refusing to report on the tax problems of Treasury secretary designee Tim Geithner because ... we'll let Kincaid take it from here:
Reporter Kelly O’Donnell’s story failed to disclose that Jeffrey Immelt, chairman and chief executive officer of NBC parent company General Electric (GE), is on the board of the Federal Reserve Bank of New York, whose president is Timothy Geithner.
It is also interesting to note that a subsidiary of GE, GE Capital, is getting some of the federal bailout money that Geithner, if he is confirmed, will have a role in managing. Conflict of interest, anyone?
From the point of view of the major media, it’s better to remain on the good side of Geithner as well as Obama. That is why Geithner’s tax problems have to be whitewashed and senators of both parties have to be provided with an excuse to confirm him.
And he also wouldn't be Cliff Kincaid if he wasn't trying to work the commies in somewhere:
But Geithner has to be protected because he’s one of the go-to guys on the matter of getting the Communist Chinese to buy our debt, for the purpose of financing never-ending bailouts and even the “American Recovery and Reinvestment Act.” Not only does Geithner speak Chinese, he spent some time living there. Plus, he’s a member of the secretive “Group of 30” that includes the governor of the powerful People’s Bank of China, the central bank of China.
It looks like Geithner would be just as much of a pawn of the Communist Chinese as Henry Paulson has been.
Nor would he be Cliff Kincaid if he wasn't demonizing George Soros:
The entire list of “contributors and supporters” of the “Group of Thirty” is quite impressive. You will find not only U.S. financial institutions getting bailout money, but central banks around the world and Arab financial interests. In addition, you also find private financial interests, including the hedge fund operated by billionaire and Obama contributor George Soros.
But I can find no stories in the major U.S. media critically examining the history and purpose of this organization. Could it be because selected reporters are invited to its meetings on a deep background basis? And that they develop financial sources at these meetings that they swear to protect and defend?