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Posts Tagged ‘Obama’

Glenn Beck calls Obama “racist”, Fox News loses major advertisers

August 18th, 2009

glenn_beckAnyone can get emotional when they talk about politics, but when you are a public figure you have to be especially careful not to say anything nsensitive, offensive, and unfounded.

Glenn Beck joined the crew of those who have crossed the line a couple weeks ago when he announced Obama as a “racist” who has “a deep-seated hatred for white people.”

Wow.

That’s not what I found impressive about this situation. Word on the street is that many of Fox News’ major advertisers like Geico Insurance, Walmart, Best Buy and more are pulling their ads from The Glenn Beck Program.

Other ads which have run during that slot in error have sent PR departments scrambling to announce those ads were a mistake and never meant to be aired with that show.

The Consumist is asking if these companies pulling these ads affects your perception of them. Personally I feel that any companies that make business decision based less on projected revenues and more on principles are ones that have shown their human side making them a favorable place to do business, even if thier motive was only ever to appear as such. I think one can’t help but have their perception altered by such a story.

From The Huffington Post: Walmart, CVS, Best Buy, GMAC Among 8 Major Companies To Pull Ads From Glenn Beck Show
From Reuters: Fox News’ “Glenn Beck” loses advertisers

Politics , ,

Credit card companies are not happy about the bill

May 19th, 2009

credit-cardsObama’s administration passed a bill today that should revolutionize the credit card industry. The bill will enforce strict regulations on the monster finance companies.

Natuarlly, the credit card companies are not pleased.

In fact, they have gone so far as to threaten card holders that penalties will become stronger and be more severe, annual fees will be higher, and there will be less in the way of points programs.

The bill only has effect in the United States but like many fads down south this should find its way to Canada before long. Regulations are not excpected to kick in until July of 2010.

The Consumerist: Bankers Threaten To Punish “Good” Cardholders If Reforms Pass

Business, Comedy, Rants