Wall Street Vs. Madison Avenue: We Lose

adweekWhen the #OccupyWallStreet protestors get tired of the financial district, they can always hoof it over to Madison Avenue, where in one of life’s little ironies, Advertising Week is kicking off.

Even as runaway greed is lambasted on Wall Street, festering consumerism is encouraged at the eighth annual seminar/festival/networking event for more than 70,000 advertising professionals and major clients.

As in every past year, multiculturalism in advertising will be applauded yet rarely utilized. One workshop entitled, “Where Are All the Black People?” shows that at ad agencies, things haven’t changed very much since the days of Mad Men. The biggest difference, of course, is that the early Madison Avenue types didn’t have to sit through endless discussion groups about social media “solutions.”

Divorcing ourselves from Wall Street and disconnecting from our mobile devices is in the category called, “Putting the Toothpaste Back in the Tube.”

As the #OccupyWallStreet folks choke on tear gas and wave signs about bailouts and being in the 99 percent, ad industry types, who facilitate the consumer desire that lines Wall Street pockets, will be entertained by Andrea Mitchell and Brian Williams of NBC News, along with Steve Harvey, Jennifer Hudson, Sarah Jessica Parker, and Justin Timberlake.

The futility of the entire situation might have been unwittingly captured in this tweet from @KYColChad:

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Maddow: Beltway Media Deliberately Misreported Obama’s Speech to the Congressional Black Caucus

At about 02:00 in the video above from the Rachel Maddow show on MSNBC last night, Maddow runs the last few minutes of Pres. Obama’s speech to the Congressional Black Caucus last weekend — the section in which, as the Associated Press, the Beltway media and right-wing propagandists reported it, he exhorted the African-American congressional leaders to take off their bedroom slippers, put on their boots, stop grumbling and start marching.

A transcript follows of the excerpt from the speech (and a complete transcript of the president’s remarks at the bottom of this page), but first, here is what Maddow said about the way the media reported on the speech:

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Fox News President Roger Ailes Dishes on His Network’s Hosts

In an interview with the Daily Beast, Fox News President Roger Ailes spoke candidly about the news anchors and show hosts he employs. Predictably, Alies does not like it when Shepard Smith, the only actual journalist employed by the network, goes off script and reports reality-based news that runs counter to Fox’s GOP-propaganda narrative:

Hannity’s show uses a logo that asks, “Can You Afford Four More?” Ailes calls him “predictable,” but Hannity says he’s not a party man …

Ailes seems to relish the feuding among his stars, saying, “O’Reilly hates Sean and he hates Rush because they did better in radio than he did.” ….

Ailes keeps a wary eye on anchor Shepard Smith, who occasionally backs aspects of the Obama record: “Every once in a while Shep Smith gets out there where the buses don’t run and we have a friendly talk.” And Ailes likes to tease O’Reilly: “You gonna suck up to Obama so you can get another interview at the next football game?”

Hoffa: ‘Take Republicans Out – Of Office’

Did Hoffa advocate “second amendment solutions?”

Response on Facebook to someone repeating the FOX News inspired meme that James P. Hoffa called for violence against Republicans and that Democrats should condemn him for it. FOX is showing an edited clip of Hoffa’s speech introducing the president before a union-friendly crowd in Detroit on Labor Day in which Hoffa calls for “taking them out.” Left out, however, was that Hoffa was referring to taking Republicans in Congress out of office. Expect FOX’s distortions to accelerate ahead of Pres. Obama’s jobs speech.

Report: GOP-Fox Mouthpiece Bill O’Reilly Bribed Police to Investigate Wife’s Alleged Affair with a Cop

screenshot-gawker-oreillyAs a leading Republican Party propagandist, Bill O’Reilly often holds himself up as an arbiter of “family values.” In 2004, of course, O’Reilly and his employer settled a sexual harassment lawsuit brought by a former Fox employee for an undisclosed sum. Now Gawker is reporting that O’Reilly is involved in what ultimately may become a much bigger scandal:

Last summer, Fox News anchor Bill O’Reilly came to believe that his wife was romantically involved with another man. Not just any man, but a police detective in the Long Island community they call home. So O’Reilly did what any concerned husband would do: He pulled strings to get the police department’s internal affairs unit to investigate one of their own for messing with the wrong man’s lady.

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National Geographic Trashes Its Brand with Bush ‘Infomercial’ on 9/11

On “Countdown” last night, Keith Olbermann and Markos Moulistsas rightly savaged the National Geographic Channel for producing a Fox News style interview with George Bush on the Sept. 11, 2001, terror attacks.

Olbermann noted that while Bush refers to 9/11 as a “monumental” and “significant” event but he never uses word like “tragic” or “sad.” Moulitsas suggested that the reason Bush did not describe the attacks as “tragic” is because he and his party did not view the attack as a tragedy but rather as an opportunity to install a more authoritarian regime inside the government.

The Bush interview and the release of Dick Cheney’s memoir were strategically timed to come out around the tenth anniversary of the terror attacks next month.

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Professional Homophobe Marcus Bachmann Accosts Openly Gay News Anchor

“As both CNN staffers tried to question Bachmann, Lemon said he was pushed by two members of Bachmann’s staff,” reports CNN. “Lemon also said that Marcus Bachmann, the congresswoman’s husband, pushed him.”

Marcus Bachman, the husband of GOP frontrunner Rep. Michele Bachmann, elbowed and pushed CNN anchor Don Lemon during a campaign event in Iowa on Saturday.

Marcus Bachmann has been at the center of a scandal that erupted last month after an undercover investigation revealed that his Christian psychology clinic provided so-called ex-gay “reparative therapy,” despite his assertions that it did not.

Lemon, the CNN anchor, is openly gay.

Video and a report from the The Advocate follow.

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Chris Matthews’ Plan to Force Tea Party Republicans to Create Jobs

Visit msnbc.com for breaking news, world news, and news about the economy

Here is a summary of Chris Matthews’ plan:

MATTHEWS: If some member of Congress refused to [approve the construction], put the heat on him or her. Make him or her defend that dangerous bridge, make them explain why it’s get better to not do job that government is there to do.
  1. Compile a list of all of the thousands of bridges in this country that are below safety code and organize the list by congressional districts.
  2. Publicize those dilapidated bridges and their exact locations in their communities in the congressional districts so that local voters are aware. Let parents, grandparents and concerned citizens see the danger the bridges pose to the next car or school bus that goes over them.
  3. Call on voters to demand that their member of Congress vote to fix the bridge so that it is up to safety code.
  4. Call a vote on the projects, one by one, if necessary, so that voters see where their House member stands.
  5. Each bridge repair project will create hundreds of jobs in the local community, which will spur job growth in related sectors.

While this would apply to every congressional district, it would pose a political problem for the dozens of Republicans in the House who are determined to sabotage the economy — the ones who are standing in the way of job creation — particularly Rep. Michele Bachmann of Minnesota and members of the tea party caucus she chairs.

Transcript:

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