Last September, the media were aflutter with discussion of then-candidate Obama’s possible over-reliance on the teleprompter during various speaking engagements. Did it mean that the Obama campaign was trying to tightly control the message in the weeks before the election? Was the sinking economy and all those numbers necessitating prompter-assisted precision? No one seemed to know what it all meant, but it didn’t stop the questions from flying.
Almost six months later, the teleprompter story has returned with two similar pieces in Politico and The New York Times. It’s also Day 2 in the Double Fluff Story Trend, after yesterday’s “Obama goes gray” WaPo/Times articles.
What sayeth the media?
Politico: Obama’s reliance on the teleprompter is unusual — not only because he is famous for his oratory, but because no other president has used one so consistently and at so many events, large and small.
Times: Presidents have been using teleprompters for more than half a century, but none relied on them as extensively as Mr. Obama has so far. While presidents typically have used them for their most important speeches to the nation — an inauguration, a State of the Union or an Oval Office address — Mr. Obama uses them for everyday routine announcements, and even for the opening statement at his news conference.
What’s especially disappointing about these stories is not that they attribute significance to what is likely just a technological preference, but that they make a partisan issue out of this affair. Both Politico and the Times turned to Republican sources to voice criticism of the president for overrelying on the prompter, quoting former Bush staffers to describe Obama as “halted,” “staged,” and “removed” as a result of his prompter use.
The similarity of these pieces raises questions about the original source of the idea. Both make use of the anecdote about a supposedly awkward teleprompter-related moment from Kathleen Sebelius’s nomination announcement, so it’s possible to imagine that Politico’s Carol E. Lee (formerly of the Times) and the Times’s Peter Baker were among a crowd of gripping reporters chitchatting about the tech-faux-pas. Or, given the dominance of quotes from ex-Bushies, one can imagine that the two reporters were baited by a GOP talking point. Or, judging by the annoyed photographers’ quotes at the end of the Politico piece, it could be that journalists are peeved that their sight lines are obscured by the prompter stands.
Who knows. The Times’s Baker tries hard to explain the prompter’s significance, and the insight it provides into the presidential motives:
For Mr. Obama, a teleprompter means message discipline, sticking close to his intended words. Every president uses prepared remarks, of course, often reading from paper or note cards. But while some of his predecessors liked to extemporize, Mr. Obama prefers the message to be just so. After all, he is a bestselling author who has had a hand in writing many of his major speeches, so his aides say he feels a certain fidelity to the crafted text.
We don’t know how Baker determined just what the prompter “means” to Obama, we just get his speculation. (It could also be that the man’s been giving a lot of heavy speeches, and wants to keep his stuff straight, but, that’s just a theory, too.) There’s no actual reporting here, just guesses.
This might be an instance of reporting as news something that’s very pertinent to the press corps, but isn’t something most Americans haven’t thought about much. And those types of articles can give readers a better understanding of what the day-to-day with the president is like, but these pieces aren’t just reportage. Their veiled, unsubstantiated criticism stinks of conflict-for-conflict’s sake, and it’s unprompted.



Obama ran against Bobby Rush in the Democratic Congressional primary in 2000, and he was crushed 2 to 1. Then in 2002 Penny Pritzker hired the best speech-writers and handlers for Obama that money could buy, and he suddenly developed "charisma."
Now Obama reads whatever appears on his teleprompter, and it isn't his job to understand any of it. Obama's job is to look good on TV and keep trillions of dollars flowing in the direction of his main financial backer, Penny Pritzker, and her colleagues in the glorious realm of sub-prime derivatives.
Katia Bachko doesn't think there's any real news in the story about teleprompters, but she also doesn't think there's any real news in the story of Superior Bank, where Penny Pritzker paid herself and her co-conspirators $200 million in dividends on phony profits, while all the deposits, every dollar of them, disappeared into financial derivatives based on sub-prime loans, way back in 1999 and 2000.
So there couldn't possibly be any news in a story about Barack Obama funneling trillions of dollars to an industry where his main financial backer achieved her only success by fleecing depositors who were only partially repaid for their losses by the FDIC.
Now let's get back to cheering for Barack Obama, because that's always news, in the world of Katia Bachko.
#1 Posted by Jacob Freeze, CJR on Sat 7 Mar 2009 at 12:35 AM
Total conspiracy theory is more like it, Jacob. Penny Pritzker was key in changing history and bringing America together rather than continuing letting it fall to its knees. The sub-prime loans flourished under Bush's term -- many banks are at fault as well as de-faulted homeowners who found the responsibility of owning a home too much.
Let me bring your attention to a recent article in the Pittsburgh Tribune. http://www.pittsburghlive.com/x/pittsburghtrib/opinion/s_612373.html
Praising Penny Pritzker
Regarding the Trib's editorial that criticized President Obama's choice of Penny Pritzker to serve on his Economic Recovery Advisory Board ("Obama's judgment: Poor & deteriorating," Feb. 8 and PghTrib.com), I have known Ms. Pritzker for many years.
Obama's selection of her is an excellent choice. Pritzker knows how to build businesses and create jobs and she is an experienced executive who understands many industries.
As for the Trib's statement that Pritzker was "intimately involved in the failure of Superior Bank of Chicago," which The Wall Street Journal said " 'engaged in unsound financial activities and predatory lending practices,' " Superior Bank closed eight years ago.
As CEO of Promontory Financial Group, which was engaged to advise on the Superior Bank matter, I know firsthand that Pritzker was not an owner or officer of the bank. She served as a director of the holding company of the enterprise, and business interests of her extended family owned 50 percent of the bank.
When the bank encountered difficulties, she stepped in to assist it. She and other family members agreed to have their business interests pay $460 million to the government to reduce losses.
In doing so, Pritzker went well beyond the norm and acted in an ethical and responsible manner.
Eugene A. Ludwig
Washington, D.C.
#2 Posted by Meredith, CJR on Mon 9 Mar 2009 at 06:45 PM
Although Penny Pritzker couldn't ask for a more credible defender than former Comptroller of the Currency Eugene A. Ludwig, I can't quite accept his description of Ms. Pritzker's role in the Superior Bank fiasco, although it's accurate as far as it goes.
Ms. Pritzker was indeed "a director of the holding company of the enterprise," and it's true that "business interests of her extended family owned 50 percent of the bank," but it's also true that Ms. Pritzker is one of five principal heirs of the Pritzker fortune, she was chairwoman of Superior Bank itself until 1994, and as late as May, 2001, she attempted to reassure depositors and investors that the Pritzker family was recapitalizing Supeior Bank and pledged to "once again restore Superior's leadership position in subprime lending." The FDIC shut down the bank three months later.
So in her many roles as chairwoman, director, and principal spokesperson for the not very "extended" family that controlled 50% of the stock in Superior Bank, Ms. Pritzker was at least as responsible as anyone else for the collapse of Superior Bank, and the still mysterious disappearance of over $500 million in deposits.
Some of the depositors whose deposits disappeared were only partially repaid by the FDIC, beyond the limit of $100,000 per account, and some of their claims are still unpaid.
"They still owe me $113,000," said Fran Sweet, 63, of Downers Grove, who deposited her $480,000 retirement account at Superior a month before it collapsed. "To the Pritzkers, this is nothing. They probably think, 'Why pay her back?' That's nothing. But we're all upset that someone who made these decisions could be in that position."
Mr. Ludwig's claim that Penny Pritzker "stepped in" to assist Superior Bank when it began to collapse is disingenuous, at best, because Penny Pritzker had never "stepped out," and what Mr. Ludwig describes as Penny Pritzker's "ethical and responsible" intervention didn't extend to reimbursing elderly depositors for as much as they lost.
The Pritzkers made a settlement with the FDIC for $460 million, and avoided further investigation and criminal prosecution for their irresponsible mismanagement of Superior Bank, where they paid themselves over $100 million in dividends on phony profits, and there's absolutely nothing in Penny Pritzker's long and intimate relationship with Superior Bank, or elsewhere in her "career" as a billionaire heiress, that would qualify Ms. Pritzker for a spot on the President's Economic Recovery Advisory Board, except her enormous financial support for Barack Obama.
#3 Posted by Jacob Freeze, CJR on Thu 12 Mar 2009 at 01:10 PM