Life is hard enough and the mainstream media has a lot to answer for in making it so much harder –financial ‘experts’ like Jim Cramer spreading Wall Street rumours and urging viewers to buy Bear Stearns stock just before the investment bank collapsed, the Investor’s Business Daily’s scare-mongering with false claims the health care reform bill would make private medical insurance ‘illegal’, Lou Dobbs and his incessantly silly conspiracy theory over Obama’s birth certificate, Hardball’s collaboration with Karl Rove in the intentional misleading coverage of the Plame CIA leak, the non-stop maudlin eulogies for Michael Jackson drowning out any other more boring news like, oh say, more soldiers killed in Afghanistan, Glen Beck’s high-pitched hysterical assault on our (largely medically uninsured) eardrums, and now...

… Mom Jeans.

This is big news, according to Greg Gutfeld and the immaculately bleached and botoxed Laura Ingaham on Fox’s O’Reilly Factor as the first ‘dork’ President of the United States has appeared in public wearing Mom Jeans, bought with a gift certificate, apparently, from the now bankrupted Mervyn’s. Americans should be scared – scared, I tell ya – that the POTUS has lost his cool and dresses like a band teacher. Greg Gutfeld barely cracks a smile as he warns us ‘this isn’t going to intimidate Putin’ and ‘our adversaries in Iran will not take [him] seriously,’ especially since he also throws a baseball ‘like a little girl’… all symbols of something ‘deeper and more sinister’…

I kid you not. I wish I did. CNN’s Jeanne Moos has also had a good laugh at the President’s expense as well, linking Mr Obama’s fashion faux pas to that other political heavyweight, Jessica Simpson, who was even shown being hounded by the media for her stylistic stumble. Moos brings on celebrity fashionista Robert Verdi (wearing horizontal orange striped shirt, wrinkled khaki chinos and a pair of oversized white rimmed sunglasses down low on his forehead) for an in-depth queer eye for the straight guy study of the President’s pants. ‘Too short, frumpy, two big tree trunk legs, terrible – they’re Mom Jeans, for sure’.

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Matt Taibbi visits the set of the Ed Schultz show to discuss his article at Rolling Stone, The Great American Bubble Machine - Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression . From the magazine:

In Rolling Stone Issue 1082-83, Matt Taibbi takes on "the Wall Street Bubble Mafia" — investment bank Goldman Sachs. The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy theories" and a spokesman adding, "We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good." Taibbie shot back: "Goldman has its alumni pushing its views from the pulpit of the U.S. Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows.