There have been a lot of complaints about New York Times business reporter Andrew Ross Sorkin being too cozy with the Wall Street powers that he’s covering. Some of those critics are in-house; a New York magazine article went so far as to quote a Times staffer who (like several others at the paper) likened Sorkin to disgraced WMD reporter Judith Miller.
Sorkin was on NBC‘s Meet the Press on Sunday, part of a roundtable discussion that followed an appearance by Republican Paul Ryan. And that’s where Sorkin said this:
SORKIN: I got to tell you, I got an email while the show was going on, while Ryan was just speaking, and even though the Medicare plan may be unpopular, the view by a Wall Street CEO was this guy at least is proposing something.
GREGORY: Yeah.
SORKIN: I think they like the idea of leadership. They want to get behind that.
Huh–Wall Street CEOs like a plan that gives them tax cuts and makes seniors pay more for healthcare. What other surprises are lurking in his email?
Perhaps someone from the Progressive Caucus should email him about the People’s Budget, since he doesn’t seem to know about it.
You see, Wall Street people are smart. Smart people want to get behind leadership. And what is the exemplar leadership? Proposing something.
This from the guy who wrote Too Big to Fail. What a tool
I would be interested in having FAIR delve into the lack of coverage on the Progressive Caucus’s budget proposal. I watched O’Donnell, Maddow, and Shulz the other night, all three had stories on some aspect of Ryan’s budget plan, interviewed guests, and had no mention of the People’s Budget. I really expected to hear something about it on the so-called “liberal” network!
And how about all the oil and gas advertising showing up in the 7 to 10 PM time slot? It’s disgusting.
Propax
Im tea party and I view the peoples budget as a nightmare. But you ask why the left does not get behind it.I think it is not couched enough in smokescreen terminology for the current democrats in office to endorse it.Obama is like jello(hard to nail to the wall),and a bit of a chameleon.And where he leads…….
The last thing these folks want to do is to get behind leftist,socialist techniques- spelled out in a clear as day budget proposal..
Ps the Dems proposed taxes have been added up and a number has been arrived at.Our top earners will be paying 62%(FOX sunday).Of course this does not count corporate taxes(if they own a business)or taxes on everything they purchase.As I said many times you are reaching that magic number where out of every dollar you are leaving only cents to top earners.Of course figure in estate taxes for the real rich- and I shudder to think what is left.And how we will be left…. competitive. You simply cannot tax everything living or dead that moves or does not move.Say the word……non sustainable
That phony 62% number is a theoretical “TOP marginal tax RATE,” not an actual 62% tax on all income.
Stephen Moore of the WSJ made it up and the headline reads “A 62% Top Tax Rate?”