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Title: Lou Dobbs is an idiot (as if you needed more evidence)
Source: ambrosini.us
URL Source: http://www.ambrosini.us/wordpress/2 ... -needed-more-evidence-edition/
Published: Jun 20, 2007
Author: ambrosini.us
Post Date: 2007-06-20 11:41:20 by can of corn
Keywords: None
Views: 1747
Comments: 69

He’s clueless about political economy. Also, he lies. He claimed immigrants make up 1/3 of the prison population when in fact they have a lower incarceration rate than the rest of the population (they’re 6% of inmates and 7% of the total population). Also, he’s suggested immigrants are responsible for an imaginary leprosy epidemic(!). From the NYT article:

The most common complaint about [Dobbs], at least from other journalists, is that his program combines factual reporting with editorializing. But I think this misses the point. Americans, as a rule, are smart enough to handle a program that mixes opinion and facts. The problem with Mr. Dobbs is that he mixes opinion and untruths. He is the heir to the nativist tradition that has long used fiction and conspiracy theories as a weapon against the Irish, the Italians, the Chinese, the Jews and, now, the Mexicans.

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Begin Trace Mode for Comment # 61.

#57. To: can of corn (#0)

I don't think he's an idiot, but I haven't watched his program in over a year because of his constant inaccurate and emotional rants against immigration. Even if he was right, he completely wears it out. It's supposed to be a business news show, but it hasn't had any news on it in ages.

I don't want to get into the immigration argument, but his show is plain unwatchable now. It's just rant after rant, all on one topic. I remember when he went off about Enron and Arthur Anderson. He was right that it wasn't AA's fault, but after six months of the same thing every night, my eyes glazed over when he brought up the subject.

Mekons4  posted on  2007-06-21   13:27:05 ET  Reply   Untrace   Trace   Private Reply  


#59. To: Mekons4 (#57)

I remember when he went off about Enron and Arthur Anderson. He was right that it wasn't AA's fault, but after six months of the same thing every night, my eyes glazed over when he brought up the subject.

Enron wasn't AA's fault, but their destruction was. Way prior to Enron happening, they refused to let the SEC have open access to the books of their clients. When they did that, it was kinda like Saddam nationalizing Iraq's oil. It was the end of them.

bluedogtxn  posted on  2007-06-21   13:57:19 ET  Reply   Untrace   Trace   Private Reply  


#61. To: bluedogtxn (#59)

Way prior to Enron happening, they refused to let the SEC have open access to the books of their clients.

You think that maybe they knew what was going to be found if they allowed the search? They needed to be destroyed, just as Enron did, because both of them were in the same boat together.

but after six months of the same thing every night, my eyes glazed over when he brought up the subject.

Such things, to me, do not happen by accident, they are deliberate. After enough of this, people simply tune it out. And those in control of the news know these rules very well. And if they have doubts, they simply read Goebbels.

richard9151  posted on  2007-06-21   14:05:56 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 61.

#63. To: richard9151 (#61)

You think that maybe they knew what was going to be found if they allowed the search?

No, they refused in ALL cases, because they held (inter-office) that they had a fiduciary duty to their clients, and they would only allow the Justice Department to get at their clients if the Justice Dept. had a formally issued subpoena. The Justice Dept's position was that as a Public Accounting firm, the justice dept was entitled to look at all of the books of all of their clients upon the issuance of a letter (not a subpoena or warrant).

Arthur Anderson was legally correct, but strategically it was a bad move. As an industry leader, their insistence on the legal rights of their clients made some other accounting firms follow suit. Hence the Justice Dept was already pissed at them prior to Enron.

You can guess what the legal status of client privacy is now.

bluedogtxn  posted on  2007-06-21 14:54:10 ET  Reply   Untrace   Trace   Private Reply  


#64. To: richard9151 (#61)

They needed to be destroyed, just as Enron did, because both of them were in the same boat together.

The Houston office of AA was the culprit in the Enron case, and an entire company employing 20,000 people, many of them here in Chicago, was destroyed. Chicago still hasn't recovered from losing 10,000 good jobs.

A lot of people lost their houses, even became homeless because of the ridiculous persecution of the company. But my point was, even when Lou is right, he just wears you out.

Mekons4  posted on  2007-06-21 15:02:18 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 61.

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