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Glenn Beck Tries To Vilify Wall Street Protests, Fails To Disclose His Coordination With Bank Lobbyists And Oil Barons

Since Fox News kicked Glenn Beck to the curb a few months ago, the largely forgotten radio blowhard has tried to shore up his radio listenership with a steady stream of authoritarian rhetoric. Increasingly, he is spending more and more time smearing the Occupy Wall Street demonstrations as a “shameless display of moral depravity.”

As Beck plays defense for billionaires and big banks, he conceals quite a bit to his listeners. Beck in fact works hand in hand with the same corporate lobbyists and plutocrats responsible for corrupting our political system:

Glenn Beck Secretly Met With Koch Brothers And Right-Wing Corporate Executives In An Election Planning Event In 2010: In June 2010, Glenn Beck was the guest of honor at a major fundraising retreat convened by the billionaires Charles and David Koch. The meeting, which included hedge fund managers Cliff Asness, Steve Schwarzman, and Ken Griffin, as well as executives from Bank of America, JLM Investment, Allied Capital Corp, Amway, Bechtel, and other leading firms. The twice annual secret Koch gatherings discuss efforts to finance Tea Party front groups, like Americans for Prosperity. At the last such gathering, partipants discussed how Americans for Prosperity has been “designed” to elect Republican candidates.

Glenn Beck Officially Partners With FreedomWorks, A Group Run By Lobbyist Dick Armey: In May 2010, Beck announced an official partnership with the lobbyist-run group FreedomWorks. Beck would help recruit for the organization, and in exchange the organization sponsored his show. In touting the priorities of FreedomWorks, Beck never disclosed that the group has a long history of generating fake support for Wall Street privatization schemes. Over the years, FreedomWorks has promoted the interests of the same Wall Street firms paying Armey as a lobbyist. As ThinkProgress has documented, FreedomWorks takes money from corporations and pushes policies that directly benefit their big business donors.

Glenn Beck Partners With The Lobbying Association For AIG, JP Morgan, Chevron, Goldman Sachs, Dow Chemical: Beck has quietly developed a relationship with the U.S. Chamber of Commerce, the largest big business lobby in the world that counts top firms like Goldman Sachs and Chevron as members. The Chamber pushed for the bank bailouts, demanded corporate tax cuts, successfully stopped Congress from acting on climate change, said taxpayers should pay for BP’s oil spill, and nearly killed both financial reform and health reform. Nevertheless, Beck has appeared as a speaker for Chamber fundraisers, welcomed Chamber lobbyists on his show, and pledged support for the Chamber’s crony capitalist agenda.

Beck, who owns a $27 million media company, a fancy Manhattan apartment with his own face adorning the walls, and his own personalized Mercedes Benz, still cultivates an image of being a regular American guy. That’s why, unlike Rush Limbaugh, who is proud of his association with so-called country club Republicans, Beck never discloses or fully explains his relationship with lobbyists and people like the Koch brothers.

Beck’s smears against the 99 Percent Movement benefit the 1 Percent: rich media pundits like himself and his billionaire backers.

Justice

Florida GOP Rep. Wants To Bring Back Electrocution And Firing Squads: ‘I’m So Tired Of Being Humane’

Florida's electric chair "Old Sparky"

Considering the case of Florida death row inmate Manuel Valle in August, the Florida Supreme Court ruled that the state’s use of its lethal injection drug is constitutional and lifted his temporary stay of execution. The 61-year-old Cuban was executed in September after 33 years on death row for killing a police officer.

Florida state Rep. Brad Drake (R) is angry that Valle’s execution took so long. So angry, in fact, that he introduced a bill yesterday to eliminate lethal injection as a execution method altogether in favor of electrocution or the firing squad. “I’m sick and tired of this sensitivity movement for criminals,” Drake declared.

Drake got this ingenious idea to bring back electrocution and firing squads from an equally ingenious place: a Waffle House. Overhearing a constituent call for such methods, Drake said he decided to file the bill. After all, “if it were up to me we would just throw them off the Sunshine Skyway bridge,” he said:

In a Waffle House in DeFuniak Springs, Drake said he heard a constituent say, “‘You know, they ought to just put them in the electric chair or line them up in front of a firing squad.’” After a conversation with the person, Drake, 36, said he decided to file the bill.

“There shouldn’t be anything controversial about a .45-caliber bullet. If it were up to me we would just throw them off the Sunshine Skyway bridge and be done with it,” Drake said.

Under his bill, electrocution would be the standard method of executions, but inmates could opt for an execution by firing squad. This bill “end[s] the debate,” Drake said. “We still have Old Sparky. And if that doesn’t suit the criminal, then we will provide them a .45 caliber lead cocktail instead.” Of course, Florida’s electric chair “Old Sparky” is nowhere near humane. In the late 1990s, “Old Sparky” left one inmate “alive for moments after the electrocution, and sparked a fire on another inmate’s face during the execution.”

Seeing executions by electrocution and firing squad as unnecessarily inhumane, few states now utilize these methods. Almost every state has banned executions by firing squads, with the exception being Utah — where prisoners can still be executed in this manner if a prisoner requested it before the phasing out of the method in 2004 — and Oklahoma, where a prisoner can be executed by firing squad as a secondary method if both lethal injection and electrocution are ruled unconstitutional. Nine states allow electrocution, but lethal injection is the primary method in all of these states.

Of course, Drake does not give a hoot about what is or isn’t humane. “In the words of Humphrey Bogart (sic), ‘Frankly my dear, I don’t give a damn.‘ I am so tired of being humane to inhumane people,” he said.

Economy

Cain Economist: ’999′ Plan ‘Wouldn’t Be The One I Picked’

As former pizza magnate Herman Cain has surged in Republican primary polls, his “999″ tax plan has received more and more attention — it was mentioned 85 times at last night’s GOP debate — and with the attention has come increasing scrutiny. Center for American Progress Director of Tax and Budget Policy Michael Linden studied the plan last week and revealed that it would explode federal deficits, slice federal revenue, and force the poorest Americans to shoulder the cost of a tax cut for the wealthy.

Others have analyzed Cain’s plan and found similar results, and even conservatives have begun calling major parts of it into question. But today, the “999″ plan was dealt its biggest blow when one of Cain’s own economic advisers said it wasn’t a tax plan he would back. While Gary Robbins, who scored the plan for Cain’s campaign and is a paid consultant, praised the plan, he made it clear that it wouldn’t be the plan he picked, Politico reports:

While Robbins praised the idea of 9-9-9, he took steps during an interview to distance himself from its author.

“It’s not a plan that I concocted,” Robbins said. “There’s nothing wrong with the plan, it just wouldn’t be the one I picked.”

Cain has dismissed criticism of his plan as “egregious” and misinformed, but it is telling that a member of his own campaign wouldn’t necessarily back the plan, which was drafted by a Koch-affiliated financial adviser at Wells Fargo, not an actual economist. And though Cain dismissed fellow presidential candidate Rick Santorum’s criticism that the 999 plan would never pass, Robbins agrees with that assessment, telling Politico that the American people would never accept such drastic changes.

Unfortunately, in addition to Robbins’ caveats, there are major problems with Cain’s plan. As Linden noted, it would cut revenue in half and create the largest federal deficits since World War II. It would also raise taxes on the poor to nine times their current rate, and since its 9 percent sales tax also hits food — something only two states currently do at a full sales tax rate — it would hit the poor even harder than already expected.

NEWS FLASH

GOP Lobbyist Found Guilty Of Bribing Hill Staffers With Strip Club Party | James Hirni, a former Republican staffer-turned-lobbyist, went to jail briefly today for his role in an influence-peddling scheme in 2004. Prosecutors began looking into Hirni’s conduct because of his association with disgraced GOP lobbyist Jack Abramoff, and had discovered that he broke federal lobbying laws with illegal gifts of Yankee tickets, travel, and a strip club party for congressional staffers. Hirni spent four and a half hours in jail, and will be sentenced to two years of probation with 100 hours of public service. According to the AP, Hirni had asked Judge Richard Roberts for no jail time because Hirni had admitted to his role in a larger influence-peddling scheme and had helped convict others. However, Roberts said he wanted to send a message about political bribery as an unacceptable way to do the taxpayer’s business.

Alyssa

Why We Can’t Dismiss The NBA Labor Dispute As ‘Millionaires Versus Billionaires’

Former Chicago Bulls superstar Scottie Pippen is among the 60 percent of NBA players who have filed for bankruptcy after retiring

With news that the NBA will cancel the first two weeks (and possibly all) of its 2011-12 season, many irate fans are appalled that the players and owners can’t reach an agreement in the labor dispute to keep the league running. Memphis Business Journal reporter Michael Sheffield summed up the sentiment as “NBA lockout: Why can’t millionaires and billionaires just get along?”

Conflating the two groups as similarly-placed economic royalists, neither of whom deserve sympathy from an American public grappling with a depressed economy, is understandable. But to create an equivalency between millionaire players and billionaire owners obscures a scarier picture regarding the players’ long-term economic prospects.

To be certain, little sympathy exists for millionaire athletes, particularly as the American public suffers through a struggling economy. This article is not meant to defend rich NBA players who frivolously squander away their money, such as Latrell Sprewell who complained about a $21 million contract because it was hardly enough to “feed my family,” all the while spending millions on real estate and an Italian yacht.

But for every Sprewell, there are dozens of no-name players who for a multitude of reasons go broke shortly after retirement. In fact, a 2009 Sports Illustrated investigation found that approximately 60 percent of NBA players enter bankruptcy within five years of exiting the league. For NFL players, that level stands at 80 percent.

Sports Illustrated discusses a number of contributing factors, including poor investment decisions, dishonest financial advisers, high rates of divorce, and leeching friends. Many of these reasons stem from a single root cause: for most professional athletes, this is all they ever trained to do. College athletics – to say nothing of professional sports – is so cutthroat that in order to have even a chance at success, athletes had to have devoted nearly every waking moment to honing their skills. Top NBA prospects are typically perfecting their free throws, not learning to live on a budget or developing marketable job skills for when they turn 40.
Read more

Politics

Glenn Beck Sneers At Students Who Can’t Afford A College Education: ‘Go To The Free Public Library’

Conservative idol Glenn Beck spent much of his speech at the Values Voters Conference this weekend lambasting young Americans who are part of the 99 Percent Movement, and those who have the audacity to not be rich but want a college education. Beck all but declared that the 14 million jobless Americans are unemployed by choice — echoing similar sentiments by GOP candidate Herman Cain. “There are many in this country I call the fun-employed,” the former Fox News host told the crowd.

“The violent left is coming to our streets, all of our streets, to smash…to bankrupt…to destroy,” he said of Wall Street protesters who have spread across the country. Beck then turned his vitriol towards poor students who can’t afford a college education on their own:

BECK: We also have the responsibility to understand we are accountable for each of those choices. You go to school, you rack up a lot of school loans, that was your choice. We also have to understand that those choices have eternal consequences. And consequences that ripple throughout society…If you can’t afford to go to college, go to the free public library. I did it. It works.

Watch it:

Obviously, for most students who have to take out loans to pay for college, going into debt is not a choice. But according to Beck, students frustrated by rising tuition, shrinking financial aid and mounting debt should quit whining and just not go to college.

Meanwhile, Beck continues to rake in a fortune through his conspiracy theory-peddling “Glenn Beck university” program. You can learn about the secret history of America hidden by the liberals for just $9.95 per month or $74.95 for the year.

(HT: Washington Independent)

Health

House GOP Proposes So-Called ‘Let Women Die’ Bill That Lets Hospitals Deny Life-Saving Care

In their latest assault on women’s health, this week House Republicans will take up HR 358, the ironically titled “Protect Life Act.” Opponents have rechristened the measure the “Let Women Die” bill because it would allow hospitals that receive federal funds to turn away a woman seeking an abortion in all circumstances, even if an abortion is necessary to save her life:

The House is scheduled to vote this week on a new bill that would allow federally-funded hospitals that oppose abortions to refuse to perform the procedure, even in cases where a woman would die without it.

Under current law, every hospital that receives Medicare or Medicaid money is legally required to provide emergency care to any patient in need, regardless of his or her financial situation. If a hospital is unable to provide what the patient needs — including a life-saving abortion — it has to transfer the patient to a hospital that can.

Under H.R. 358, dubbed the “Protect Life Act” and sponsored by Rep. Joe Pitts (R-Pa.), hospitals that don’t want to provide abortions could refuse to do so, even for a pregnant woman with a life-threatening complication that requires a doctor terminate her pregnancy. This provision would apply to the more than 600 Catholic hospitals governed by the Catholic Health Association, which are regulated by bishops and prohibited from performing abortions.

The bill also prohibits federal funds from going to health care plans that cover any abortion services, which might prompt insurers to stop covering abortions. That outcome would disproportionately impact poor women who can’t afford to pay for abortions out of pocket.

Even though the 30-year-old Hyde Amendment already bans taxpayer dollars from being spent on abortions, and numerous “conscience clauses” allow doctors and health care professionals to refuse to perform them, Republicans have insisted that more stringent measures are necessary to ensure, in the words of Majority Leader Eric Cantor (R-VA), “that no taxpayer dollars flow to health care plans that cover abortion and no health care worker has to participate in abortions against their will.”

Because of its far-reaching consequences for religiously-affiliated hospitals, the bill raises serious questions about the legality of allowing religious figures to determine medical policy for organizations that receive federal money to provide health services for all citizens. “Unfortunately in the Catholic system, someone who’s a bishop, who has no medical qualifications whatsoever, can dictate what a hospital does,” said Jon O’Brien, president of Catholics for Choice.

Further demonstrating that their “pro-life” moniker is a sham, earlier this year Congress tried to prevent doctors from learning how to perform life-saving abortion procedures that are often necessary when women have incomplete miscarriages.

Politics

VIDEO: The GOP Debate — 9 X 85

Last night’s GOP debate was dominated Herman Cain’s gimmicky “9 9 9″ plan, which would levy a 9 percent flat-tax on personal income and corporate income, as well as a 9 percent national sales tax, while scrapping the rest of the tax code.

Promotion of and attacks upon Cain’s proposal were so pervasive that the number 9 appeared 85 times during the debate in reference to the plan. ThinkProgress captured every last one of the absurdly interminable parade of 9s. Watch it:

For the record, Cain’s plan would raise taxes on the poor in order to fund a tax cut for the wealthy while exploding federal deficits to levels not seen since World War II.

NEWS FLASH

Perry Refuses Romney’s Call To Repudiate Pastor Who Called Mormonism ‘A Cult’ | Despite growing outrage from conservatives, GOP candidate Rick Perry has refused to rebuke his prominent supporter Pastor Robert Jeffress for calling Mormonism an un-Christian “cult.” Following fellow Mormon candidate John Huntsman, frontrunner Mitt Romney called upon Perry yesterday “to repudiate the sentiment and the remarks made by that pastor.” “I just don’t believe that that kind of divisiveness based on religion has a place in this country,” he added. Perry’s campaign responded, “The governor does not agree with every single issue of people that endorsed him or people that he meets…This political rhetoric from Gov. Romney isn’t going to create one new job or help the economy. He’s playing a game of deflection and the people of this country know this.” Perry’s association with Jeffress also earned the scorn of Gov. Chris Christie (R-NJ): “I think in any campaign that associates itself with that type of conduct is beneath the office of the president of the United States.”

Special Topic

Not Just The ‘53 %’: The Working Poor Pay More Of Their Income In State And Local Taxes Than The Rich In 49 States

Erickson wants Americans to protest against the poor, not the rich.

In response to the growing 99 Percent movement that has tapped into the energy of Occupy Wall Street to unleash nationwide protests against economic inequality, a smattering of right-wing bloggers led by Erick Erickson and Josh Trevino along with conservative filmmaker Mike Wilson have created a new tumblr about the “53 percent.”

The tumblr features various people explaining their economic circumstances and often boasting of being self-made and not needing help from anyone. The flippant disclaimer for the tumblr explains that the 53 percent number was chosen because the site’s originators believe that this is the percentage of Americans that pay taxes:

So, like, when you’re, like, community organizing for solidarity and stuff, it’s totally cool to have this little hashtaggy thingy when you’re on twitter, so other people, like, totally know what you’re talking about and stuff. So if you’re, like, totally gonna spread the word about being one of the 53% of people who actually, like, pay taxes in America and don’t just, like, hang out protesting stuff all day… like, here’s the hashtaggy thingy. See you at the protest! #iamthe53

But the founding principles of the tumblr and the “53 percent” meme itself is flawed. It is true that 47 percent of Americans did not pay net federal income taxes in 2009 — the number is unusually high because of the depression in incomes following the recession — but it is completely false that only 53 percent of Americans pay taxes.

For example, if you look at state and local taxes, the working poor actually pay a higher percentage of their income in these taxes in every state except for Vermont. In “Alabama, for example, low-income families (which make less than $13,000) pay 11 percent of their income in state and local taxes, while those making more than $229,000 pay just 4 percent.”

And it is worth noting that Americans who are too poor to be asked to pay net federal income taxes are not a good target for those complaining that some aren’t paying their fair share. If there’s one group of Americans that is paying less and less as the median American family is asked to pay more, it’s the super-wealthy. As this chart from Wealth for the Common Good shows, the top 400 taxpayers — who have more wealth than half of all Americans combined — are paying lower taxes than they have in a generation, as their tax responsibilities have slowly collapsed since the New Deal era as working families have been asked to pay more and more:

Rather than taking aim at some of the poorest members of our society — 62 percent of whom have incomes under $20,000 — Americans should be asking how we can get the super-wealthy to pay tax rates closer to their modern historical average and how we can lift up the incomes of those who are too impoverished to be asked to pay federal income taxes.

NEWS FLASH

Topeka, Kansas Repeals Domestic Violence Law | In a disheartening turn of events, the City Council of Topeka, Kansas, voted 7 to 3 yesterday to repeal the local law that makes domestic violence a crime. As ThinkProgress previously reported, decriminalizing domestic violence has been deemed a cost-cutting measure as the City Council and district attorney have both been unwilling to foot the bill to prosecute abuse cases. Several victims of domestic violence spoke against the proposal at the Tuesday meeting. “It is your responsibility to protect these people, and you’re failing,” one said. According to the New York Times, 18 people have been arrested on domestic violence charges since September and released without charges because no agency is taking responsibility for prosecuting new cases.

NEWS FLASH

Tennessee Sponsor Of Guns In Bars Law Arrested For Driving Drunk With A Gun | In what is almost too predictable to be true, the lead sponsor of a Tennessee law allowing handgun permit holders to bring guns into bars “has been arrested on charges of drunken driving and possession of a gun while under the influence.” Pulled over in Nashville, Tennessee late yesterday, state Rep. Curry Todd (R) “failed a roadside sobriety test and refused to take a breathalyzer. A loaded Smith & Wesson 38 Special was found in a holster stuffed between the driver seat and the center console.” A spokesman for the House Republican Caucus had no immediate comment on the arrest. Todd, incidentally, is the same official who compared pregnant illegal immigrants to “reproducing rats.”

Update

The arresting officer stated that, on approaching the car, he “immediately detect[ed] an obvious and strong odor of alcohol coming from the vehicle” and noted that Todd was “unsteady on his feet, almost falling down at times.” He concluded that “the subject was obviously very impaired and not in any condition to be carrying a loaded handgun.” Here is the mugshot taken of Todd on the night of the arrest:

Economy

GOP Candidates Blame 30 Years Of Rising Income Inequality On Barack Obama And Single Moms

One of the most prominent grievances of those protesters in the 99 percent movement is America’s growing income inequality. The level of income inequality in the U.S. is currently the worst it has been since the Great Depression; over the last three decades, “the incomes of the bottom 90 percent of households have risen only slightly, on average, while the incomes of the top 1 percent have soared.” Since 1979, “the gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest fifths of the country more than tripled.”

During last night’s GOP presidential primary debate, the candidates were asked by the Washington Post’s Karen Tumulty for their thoughts on this troubling trend. Instead of pointing to the true culprits — growing financialization of the economy, excessive executive compensation, dropping rates of unionization, tax cuts for the wealthy, and stagnant wages — Gov. Rick Perry (TX) and former Sen. Rick Santorum (PA) blamed, respectively, President Obama and single mothers:

TUMULTY: Governor Perry, over the last 30 years, the income of the wealthiest 1 percent of Americans has grown by more than 300 percent, and yet we have more people living in poverty in this country than at any time in the last 50 years. Is this acceptable? And what would you do to close that gap?

PERRY: The reason we have that many people living in poverty is because we have got a president of the United States who is a job- killer. That’s what’s wrong with this country today. You have a president who does not understand how to create wealth. He has over-taxed, over-regulated the small-business men and women to the point where they are laying off people. Two-and-half million Americans are out there who have lost their jobs. We have got 14 million without work. This president, I will suggest to you, is the biggest deterrent to getting this country back on track, and we have to do everything we can to replace Barack Obama in 2012.

ROSE: OK. But we are almost out of time. I want to give you a chance, and then we have to go the final questions.

SANTORUM: There is more to it than that. And I agree with Rick, what he said, but the biggest problem with poverty in America, and we don’t talk about here, because it’s an economic discussion — and that is the break down of the American family. You want to look at the poverty rate among families that have two — that have a husband and wife working in them? It’s 5 percent today. A family that’s headed by one person? It’s 30 percent today…We need to have a policy that supports families, that encourages marriage that has fathers take responsibility for their children. You can’t have limited government — you can’t have a wealthy society if the family breaks down, that basic unit of society.

Watch it:

Perry never did get around to explaining how a teenage Barack Obama was responsible for starting a growth in income inequality in the 1970s. A study released last week shows that severe income inequality actually hinders economic growth, while “making an economy’s income distribution 10 percent more equitable prolongs its typical growth spell by 50 percent.”

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NEWS FLASH

Rick Perry Off By Only Two Centuries On Dates Of The American Revolution | Texas Gov. Rick Perry (R) got into only more trouble after his poor performance at last night’s GOP presidential debate when he told a local ABC affiliate that the American Revolution took place two hundred years before it did. Asked about states’ rights during a post-debate visit to the Beta Theta Pi fraternity at Dartmouth College, Perry said:

“Our Founding Fathers never meant for Washington, D.C. to be the fount of all wisdom. As a matter of fact they were very much afraid if that because they’d just had this experience with this far-away government that had centralized thought process and planning and what have you, and then it was actually the reason that we fought the revolution in the 16th century was to get away from that kind of onerous crown if you will,” Perry said.

Of course, the Revolution took place in the 18th century. “Debates are not my strong suit,” Perry told Politico last night. Apparently history is not either.

Update

Audio of Perry’s comments via Brendan Nyhan. Listen here:


Politics

Morning Briefing: October 12, 2011

The Obama administration is hoping to “unite the world” against Iran after it foiled a plot to assassinate Saudi Arabia’s ambassador to the United States. “It’s critically important that we unite the world in the isolation of and dealing with the Iranians,” Vice President Biden said on CBS today, saying the U.S. would press for increased sanctions against the country.

The Senate blocked President Obama’s jobs plan Tuesday night, with 40 senators voting against ending cloture. Democratic Sens. Ben Nelson (NE) and Jon Tester (MT), who are up for reelection, voted with Republicans against the bill because, Nelson stated, “it represents billions of dollars in new spending and more taxes.”

Five health and environmental groups are suing the Environmental Protection Agency over its rejection of a proposed stricter standard for ozone pollution, a proposal President Obama rejected last month. The rejection was “illegal and irresponsible,” said the groups, adding, “Instead of protecting people’s lungs as the law requires, this administration based its decision on politics, leaving tens of thousands of Americans at risk of sickness and suffering.”

Presidential candidate Herman Cain claimed liberals in the black community are “racist” for questioning his political ambitions as a conservative. “A lot of these liberal, leftist folk in this country, that are black, they’re more racist than the white people that they’re claiming to be racist,” he said in a radio interview yesterday with Neal Boortz.

House Majority Leader Eric Cantor (R-VA) backed off earlier comments decrying the Occupy Wall Street protesters as a mob. “What I said then was I am most concerned about elected leaders that condone the divisiveness of pitting Americans against Americans,” Cantor told reporters when asked about his earlier comments.

“Austerity continues to be a major failure” in the United Kingdom, where unemployment reached a 15-year high after more than a year of fierce spending cuts, according to new employment data released this week. Unemployment rose half a percent, and one of every five Britons ages 16 to 24 is out of work, the most since records began in 1992.

Efforts to prevent a debt crisis from engulfing Europe faced a setback yesterday when Slovakia’s Parliament voted to reject a European bailout. The divided vote brought down the governing coalition, who failed to muster the necessary support to approve an expansion of the euro rescue fund.

The Wall Street Journal reports that economists are close to approving a professional code of ethics after being stung by criticism of ethical lapses that contributed to the financial crisis in 2008. Economists eager to sell their expertise have become susceptible to overlooking risk for the sake of lucrative consulting fees, but their bias generally isn’t known. Motivated by the scathing documentary “Inside Job” about the economic meltdown, The American Economic Association decided last January to consider creating ethical guidelines for its membership.

And finally: First Lady Michelle Obama is hoping to break a a wold record on jumping jacks, leading 400 kids from schools in the DC area in breaking the Guinness Book of World Records record for the most people doing jumping jacks in a 24-hour period. More than 20,425 jumpers are needed to break the record. The effort is part of her “Let’s move” fitness campaign for American school children.

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