The Beck Bank Bailout: Glenn Beck Championed the Wall Street Bailout He Now Criticizes
by: David Sirota
Mon Sep 21, 2009 at 15:38
I wrote a newspaper column this week noting the rank hypocrisy in political and media circles when it comes to their supposed concerns about the deficit. I noted that Tea Party protesters are among the biggest hypocrites - and chief among them is political terrorist Glenn Beck, because, as you'll see, the truth is the bailout is the Beck Bank Bailout.
As Frank Rich notes, Beck has been promoting himself not only as a racist culture warrior, but as an economic populist who rails on government giveaways to Wall Street. In that sense, he's sort of trying to be a neo-Buchananite...except, there's just one problem with his economic argument: Glenn Beck championed the Wall Street bailout he claims to be leading the fight against. In fact, when progressives were fighting tooth and nail against the bailout (and taking significant criticism for doing so) Beck was promoting it, offering criticism only for it not being bigger:
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"I think the bailout is the right thing do. The "REAL STORY" is the $700 billion that you're hearing about now is not only, I believe, necessary, it is also not nearly enough, and all of the weasels in Washington know it." - Glenn Beck, CNN, 9/22/08more:
http://www.huffingtonpost.com/david-sirota/the-beck-bank-bailout-gle_b_293789.html