Tuesday, October 8, 2013

Sam Zell: News Media Treats Tea Party 'Like A Disease'

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The tea party movement gets consistently biased negative coverage in the news media while the White House receives a free pass for similar stubbornness, says billionaire entrepreneur Sam Zell.

"The tea party is a reaction to an imperial White House," Zell, chairman of Equity Group Investments, told CNBC. "The idea that they are treated as though they are crazy is ridiculous, and not very representative of a democratic society."

Zell knows something about the news media courtesy of his short and unhappy ownership of the Tribune Co., which ended in bankruptcy.

By refusing to negotiate in the escalating government standoff with Congressional Republicans, President Obama should be called to task for not seeking to unify the nation, he noted.

"The way in which this is being postured is as though the president sits on high and says, 'I will not negotiate.' And everybody is expected to lay down. I don't understand that."

"What makes this man different than anyone else? The president is elected to negotiate."

More @ Money News

2 comments:

  1. The current resident of the Spite house has overstepped bounds that limit all of the federal government and set many new official norms for the next in line. I actually now look to the future with renewed interest to see how the political arena changes when the other side comes to power. The teeth grinding and howling shall be music to the ears of all real Americans

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