Media Blog

A Ponzi Scheme

One of the more outrageous comments on last night’s MSNBC Obama-thon was when Keith Olbermann asked if somehow Hillary Clinton asking her supporters for money was some sort of criminal ponzi scheme:

OLBERMANN: I don’t want to use the term Ponzi scheme, but if we were not talking politics and the chance for a pay off for people who were investing or donating to the campaign were as little as it is for those people donating to Senator Clinton, we might use the word pyramid or Ponzi scheme. At what point does it become some sort of political scam to be insisting to people this can happen when the odds are the proverbial odds of passing the camel through the needle?

I don’t want to use the term hack, but if we were not talking MSNBC anchors and the chance for a cheap shot at a candidate for the presidency that the anchor clearly does not support, we might use the word hack. At what point does it become sort of a journalistic scam to be insisting to viewers that MSNBC anchors are non-biased when the odds are the proverbial odds of passing the camel through the needle?

Most Popular

Education

An Idea for Student Loans: Get Rid of Them

Here is a three-part plan for something practical the federal government could do to relieve college-loan debt. Step 1: The federal government should stop making college loans itself and cease guaranteeing any such loans. Step 2: It should prohibit educational lending by federally regulated financial institutions ... Read More
White House

The Problem with the Mueller Report

So much for collusion. The media conversation has now officially moved on from the obsession of the last two years to obstruction of justice. That’s because the first volume of the voluminous Mueller report, the half devoted to what was supposed to be the underlying crime of a Trump conspiracy with Russia, ... Read More
White House

MoveOn.GOP?

Some of you will be familiar with a lefty, partisan Democratic organization called MoveOn, formerly MoveOn.Org. It was founded during an investigation into President Bill Clinton’s shenanigans (which were not, Democratic mythology notwithstanding, strictly sexual in nature) and argued that it was time for the ... Read More