Dick Morris' Take

" Now the top story tonight -- crack political analyst Dick Morris the author of the big best seller catastrophe a good summer read setting you up for it. Very intense political season in the fall. Make any mistakes. No I think you're exactly right I think that the the whole. Once you have news organizations. That were owned. By commercial entities. Not like you score that owns fox that's -- news organization. But somebody makes refrigerators owning a TV stay right it sets up a possibility. A federal payments to that corporation that could incentivized. The network to give him favorable coverage do you think that's what happened -- General Electric. I don't think that in -- I've picked up the phone and spoke to somebody at NBC and said I want you to give Obama positive coverage. But I do believe that the corporate culture and one of these shops becomes pro Obama. And that filters down to the news organization. In all kinds of different ways. I saw that a little bit no news organization time in the Clinton administration. Went this time was the lower oil corporation. I headed by guy named Bernie Schwartz and Bernard Schwartz contributed 632000. Dollars in soft money. To the Clinton are good organization and the Democratic Party in the 96 and 98 election cycles. And in 96 Clinton granted Loral and he news. A waiver to permit them to help trying to launch satellites. And the US government Justice Department investigated. Loral because it was because of charges that they actually provided China with technologies they were please -- that because you the money. I don't think there's ever quid pro quo. But I think the warm relations between the two of the yachting together -- vacationing together speaking together. The appearing at events together. Led to a longtime association between him and and data for parents will now ever."

" Obama who. Under his administration has -- a 139 billion dollars in very low interest loans to General Electric. Who now has to pay fifteen million to the government because if you defrauded investor. I mean. How -- how can taxpayers be giving General Electric right billions and then they companies. Accused of fraud."

" And you make a key point here that that will be a heat. I would hope of these programs in the future because he has given -- hey. 800 billion dollars of TARP money to various banks and companies keep being President Obama. Now let's look at those corporate executives look at their -- look at their employees. And see what campaign contributions have flow see what I'm worried that Obama has not said. That directed the Democratic Party or his campaign committee or democratic senators to refrain from taking contributions from entities that receive federal."

" I'm not there that's residents say what what I'm worried about here is the appearance of corruption I mean I don't think Barack Obama. Is saying okay because NBC news helped me get elected. I'm gonna give General Electric ABC NV I think he's doing that I could be wrong he might be doing it but that will be unbelievably corrupt. Okay but the appearances. That you can now buy government contracts General Electric and I government contracts cap and trade whatever it may be. If you support the winner of the elect."

" Action itself cigars back to the bush Cheney administration we have -- chapter and -- the book before catastrophe. About Halliburton. We're Cheney retained a financial relationship with Halliburton. Said he separated but really didn't take your own stock in it. And and Halliburton got away with unbelievable shenanigans in dealing handle that one wildlife left went wild and I were right. They were right we of the chapter in a book about that. Whenever you have a company a corporation moving into cozy with the president. As you're inviting them to do with the TARP money in the -- bailouts. That potential here for corruption is enormous and when you have the news media itself implicated. Nobody's gonna cover."

" Just turns into I'm asking every guest attack every political guests tonight agree Barack Obama. It's been a little bit more than six months they've been an office. What would you give them overall grade by his lights he gets an -- by my lights he gets in -- On you yeah you're given a minute and a half real. By his lights he doubled government -- he increased government given I don't worry about what he thinks of -- you're -- I might lie flat out flat out at real he took office there was a three trillion dollar government spending now it's portrait. He took office the federal budget deficit was one trillion now which to -- He took office we had a health care system have a health care system. That's the envy of the world he's doing everything he can well -- healthcare systems that the Indian Wells come on do you know of any other country where people come for cancer treatment well. They just candidates it is still a large doctors and nurses and our technology is absolutely and on the way it's actually Q did the way isn't really hurting a lot of people. Look confidence in the American healthcare system according to Rasmussen has. Income doubled to 48% compared anybody chaos that. Even Mohammed ministry but the point is the point is that you have medical care constantly monitoring -- cinnamon apples and laughed like long grade he has extended the recession. He has created a budget deficit that will trigger massive inflation. He has created a bit he's federalize the auto industry. And he's never gonna be able to get rid of that and he's threatening to destroy a health care system outsource our manufactured. What would you get government efforts to promote I'm I'm glad it went straight time I would like guests do it's anyway he's not sure about that right read me had cats I know you're gonna say read catastrophe -- And I martz and his wife wrote it today justify my are acting Mars everybody."