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Stop The Presses! CNN Reported What?!

Posted on February 27 2010 1:00 pm
Liz Blaine is a financial analyst, author and freelance writer on finance, economics and politics. Follow her on Twitter and her blog Liz Blaine.
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Hell must have frozen over because CNN, known for unyielding support of Barack Obama and leftist plans to socialize America, deviated this week from the mainstream media norm. On CNN’s The Situation Room, Wolf Blitzer and Lisa Sylvester examined the “lavish” pension-plan and retirement-packages government officials continue to receive despite the economic crisis. Such unusual reporting by progressive media did not go unnoticed. Picked up by the Wall Street Journal, Anthony Kang reports on the “Broken Government” segment noting its opening,

“Lawmakers on Capitol Hill get automatic pay-raises and they never have to worry about their retirement, but that’s not the case for many middle-class Americans.”

Not content to offer a lightweight episode, Blitzer and Sylvester interviewed Pete Sepp, the National Taxpayers Union’s vice president for policy and communications, who offers this tantalizing tidbit of information,

“Unlike even the state and local pension plans, the federal Congressional pension system is simply a direct line into the taxpayer’s wallet. There’s no investments that need to be made, no fund balances they get worried about – whatever the liability is for a given year – taxpayers cough up the money for it.”

Welcome to the party, CNN. Glad you could join the rest of us! Now that you’re reporting information that is actually pertinient to the taxpayer, I hope you will take aim at the leftist lawmakers abusing the system. I won’t be holding my breath though.

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