Thursday, October 7, 2010

Robert Foster and Newt Gingrich Have Trouble reading

Today one misunderstood the difference between reporting and putting:
Turning to a little political shop talk, I ask Gingrich about many Republicans’ concern that a senior official in the Obama administration may have, as the New York Times puts it, “improperly accessed the tax records of Koch Industries, an oil company whose owners are major conservative donors.” Gingrich says such an action by a White House official would be “very much like the Nixon White House: If you cross these guys, they try to hurt you. They have brought a Chicago-machine mentality to the White House for the first time in American history, and it’s very, very dangerous.”
From his own link to the NY Times:
Leading Republicans are suggesting that a senior official in the Obama administration may have improperly accessed the tax records of Koch Industries, an oil company whose owners are major conservative donors.
See what he did there?  The New York Times, apparently, is identical with "leading Republicans."
Where did the nefarious Obama Administration get the super secret information? It's not exactly new information, they got it from, among others, Koch Industries' Webpage.

As a bonus matter:
House speaker Nancy Pelosi (D., Calif.) slammed Gingrich’s document on Wednesday, calling it a “subliminal message” and an “unfortunate course to go down,” before adding that the government gets “the biggest bang for the buck when you do food stamps and unemployment insurance — the biggest bang for the buck.” Gingrich tells NRO that Pelosi “doesn’t understand anything about how free markets, entrepreneurship, and small businesses operate.”
“She thinks that this is all bad luck,” he says. “With regards to her comment that food stamps are actually an effective way to stimulate the economy, well, I don’t know any economist who would agree with that. It shows you how inaccurate they are about the very nature of the American economy.” Gingrich contends that Democrats’ economic policies are worse than those of Herbert Hoover.
Real economists:
The industry research firm Moody's Economy.com tracked the potential impact of each stimulus dollar, looking at tax rebates, tax incentives for business, food stamps and expanding unemployment benefits.
The report found that "some provide a lot of bang for the buck to the economy. Others ... don't," said economist Mark Zandi.
In findings echoed by other economists and studies, he said the study shows the fastest way to infuse money into the economy is through expanding the food-stamp program. For every dollar spent on that program $1.73 is generated throughout the economy, he said.
And so on.

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