Showing posts with label CNN. Show all posts
Showing posts with label CNN. Show all posts

6.22.2018

Case to Point on Liberal Media Distortion - the Crying Child #NothingBurger







Migrant families separation poster girl not taken from mum

Excerpt:

A little girl who became the public face of US migrant family separations was not taken away from her mother at the US border, says her father. A photograph of the Honduran toddler sobbing in a pink jacket was snapped at the scene of a border detention. Time magazine has used the image for its latest cover, depicting President Donald Trump looming over the girl with the caption: "Welcome to America".
Comment: After all the falderal, hysteria, and Rachel Maddow tears & Time cover ... a #nothingburger. The Fourth Estate is out to get Trump! Elected by no one! And the average person who watches CNN, MSNBC or the mindless Today Show is none the wiser! See Yes, Obama separated families at the border, too
President Barack Obama separated parents from their children at the border. Obama prosecuted mothers for coming to the United States illegally. He fast tracked deportations. And yes, he housed unaccompanied children in tent cities. For much of the country — and President Donald Trump — the prevailing belief is that Obama was the president who went easier on immigrants.





Facts don't matter:



Posted by Jim Peet at 6/22/2018 01:48:00 PM 0 comments

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2.11.2009

Wells Fargo CEO before congress today

Full statement here: Testimony of John Stumpf
President & CEO, Wells Fargo & Company, House Financial Services Committee, February 11, 2009 (PDF)

Excerpt:

Last quarter alone, we made $22 billion in new loan commitments and $50 billion in mortgages – a total of $72 billion in new loans. That’s almost three times what the U.S. Treasury invested in Wells Fargo. With the merger, we have reopened lines of credit to some Wachovia customers who previously had been denied credit.


Comment: Meanwhile CNN's Campbell Brown bashes Wells Fargo

Posted by Jim Peet at 2/11/2009 09:13:00 AM 0 comments

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2.03.2009

WFC: Reality Check

Wells Fargo cancels Las Vegas events

Excerpt:

Wells Fargo & Co (WFC.N), which received $25 billion from the government's bank bailout program four months ago, said it had canceled employee events in Las Vegas after a report saying it had booked expensive hotels.

The move came after the Associated Press said the bank had booked 12 nights at the Wynn Las Vegas (WYNN.O) and the Encore Las Vegas, two of that city's more upscale hotels, as part of a conference for top mortgage officials.

Wells Fargo had also been planning a 3-day meeting starting on Feb. 25 for 40 insurance employees at another high-end hotel, the Mandalay Bay Resort & Casino, according to the Las Vegas Convention and Visitors Authority's website.

The bank issued a statement saying it had canceled events, although it was not immediately clear when these were planned for. Wells Fargo was immediately available for comment.

"We had scaled back the mortgage event, but in light of the current environment, we have now decided to cancel this event as well. We do not plan to have any other recognition events this year," it said in a statement.

The bank, however, defended such events as part of its culture, and said the Associated Press report was misleading.

"The event is not a 'junket' for executives but a four-day business meeting and recognition event for hard-working team members who made homeownership achievable and sustainable for borrowers across the nation," it said.


Comment: Since I've been asked about this by several relatives I will briefly comment.

  • The so-called "bailout" money was the Government buying dividend paying preferred stock in WFC.
  • Preferred stock pays interest to the government (like a bond) &
  • Preferred stock dividends pay out before common stock dividends. I have XXX shares of WFC stock that pay dividends. I will never see those dividends until after WFC pays the government preferred dividends.
  • Rewards for sales people is a part of every sales culture in America.
  • I'm in IT not sales but I used to sell computers for IBM and later DEC. When I had a great year (I had some stinkers too!) I would get a trip. So what. The salesmen earn it.
  • If it were in Toledo, or Green Bay no one would be complaining. Do you know it is less expensive to fly people to Las Vegas than to Toledo or Green Bay.


CNN and the other main stream media outlets did a great disservice by giving "half-truths" (a form of a lie!). But it doesn't surprise me. Also reports like this take the focus off Dems that don't pay taxes or pork-laiden wasteful government spending. My 2 cents.

Posted by Jim Peet at 2/03/2009 08:57:00 PM 2 comments

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11.29.2007

Democrats CNN/YouTube plants

Democrats CNN/YouTube plants

Comment: One must wonder how inept CNN is! (By the way: I think the YouTube debates are stupid! I did not watch (I was at church)!)

Posted by Jim Peet at 11/29/2007 07:01:00 AM 0 comments

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