Skip to comments.The Darrell Issa Hit Piece: Most Inaccurate NYT Article … Ever?
Posted on 08/16/2011 10:55:03 AM PDT by jazusamo
As Rep. Darrell Issa (R-CA), chairman of the House Committee on Oversight and Government Reform, begins to close in on Attorney General Eric Holder regarding Operation Fast and Furious, the MSM bringing out their knives for the combative congressman seemed a fait accompli.
Sunday, the Times jumped in. And they didnt just use knives, they sprayed it around with an elephant gun.
Eric Lichtblaus front-page article started by claiming Issa has made billions while investigating corruption with his committee:
Here on the third floor of a gleaming office building overlooking a golf course in the rugged foothills north of San Diego, Darrell Issa, the entrepreneur, oversees the hub of a growing financial empire worth hundreds of millions of dollars.
The article further claimed that Issa had:
bought up office buildings, split a holding company into separate multibillion-dollar businesses [The NYT, presumably in response to complaints from Issa, has since changed this to multimillion-dollar and issued a correction for this single inaccuracy. As we will see, it was far from the only mistake], started an insurance company, traded hundreds of millions of dollars in securities, invested in overseas funds, retained an interest in his auto-alarm company and built up a family foundation.
The NYT also claimed Issa took it easy on Toyota during their recall scandal, because he was a major supplier of automotive alarms to Toyota:
But perhaps his clearest statement on the issue came last year amid Toyotas recalls of millions of automobiles with dangerous acceleration problems. Then, Mr. Issa brushed aside suggestions that his electronics companys role as a major supplier of alarms to Toyota made him go easy on the automaker as he led an investigation into the recalls.
The article also stated that Issa had made plenty of money off the stock market crash:
In one sale months before the stock market crashed, his family foundation earned $357,000 on an initial investment of less that $19,000 a return of nearly 1,900 percent in just seven months. Invesco, as the AIM funds manager is now known, told The Times it did not provide Mr. Issas foundation the steep discount. That suggests the foundation may have acquired the shares from a third-party broker.
The article also noted that after Issa secured earmarks for a highway widening project, he then bought a medical complex near the project for $10.3 million. The article stated that the local assessors office now values it at $16 million, a 60 percent appreciation.
All these are damning accusations against a man the article derided as a powerful gadfly or they would be, if any of the accusations were actually true. According to a statement by Issa spokesman Fredrick Hill, none of these accusations are true, and further, they are easily falsifiable.
Regarding the opening line Here on the third floor of a gleaming office building overlooking a golf course Hill notes:
The office building located at 1800 Thibodo Rd. in Vista does not overlook a golf course.
Apparently the NYT has never heard of Google Maps. One has only to search for the address to get a street view which shows the gleaming office building overlooking a golf course is in fact a four-story concrete and glass box overlooking a freeway.
As noted above, the NYT corrected the multibillion-dollar business claim, but presumably they are standing behind the rest of the piece. Which they shouldnt. Per the Toyota claim:
This is factually incorrect. Rep. Issas former company, Directed Electronics, is not a major supplier or even a supplier to Toyota [emphasis added].
Its worth noting that Issa sold his controlling interest in DEI when he was elected to Congress; the article notes this as well. However, Lichtblau also adds:
He remains a board member with a half-million shares in the firm held by his family trust.
Family trust of course implies that Issa does not hold these shares personally.
Regarding the 60 percent appreciation claim which would be an ethical problem if it were actually true a release by Hill claims:
According to the final settlement statement of the medical plaza property, the purchase price paid by Rep. Issas company for the property was $16.6 million. This figure, $16.6 million, is essentially identical to its current tax assessment and wipes out the 60 percent appreciation the New York Times story alleges Rep. Issas commercial property enjoyed.
The most appalling element of Lichtblaus article may be that he has apparently resurfaced that old problem at the Paper of Record: plagiarism. Noted the Heritage Foundation:
On March 30, 2011, The Center for American Progress, in a blog post that itself contained significant factual errors and omissions, made accusations related to federal funds Rep. Issa sought for his congressional district and property holdings located within the congressional district. The Center for American Progress researcher who authored this blog post appears unhappy with Eric Lichtblaus attempt to pass this work off as his own in a tweet sent out last night:
The central theme of the NYT article seems to be that Issa is a wealthy man and he is, with a net worth of about $250 million and a successful businessman. Worse yet, hes an American success story: the grandson of Lebanese immigrants who came from a hardscrabble background in a blue-collar neighborhood in Cleveland who worked hard and became wealthy. Further, hes a persistent thorn in the administrations side, and is uncovering a scandal worse than Watergate.
Obviously he must be destroyed by the MSM even if they have to lie to do it.
Issas team is treating the article as a badge of honor:
Beginning with the opening line, the New York Times piece is riddled with factual errors and careless assertions that has resulted in a story predicated on innuendo and not fact. Its disappointing that the so-called paper-of-record has decided to publish a story that is nothing more than a compilation of left-wing blog posts that are easily found by a simple Google search. Its the same old playbook, every time Darrell Issa starts gaining ground, the left-wing smear machine goes on the attack. If anything, this story validates the work that the Chairman of the Oversight and Government Reform Committee is pursuing.
The NYT is no longer the “paper of record.”
if you are taking flak, then you are over the target...this just proves to me beyond a shadow of a doubt that fubo is in this up to his eyeballs
Well said and so true.
The New York Times once printed an article by Knut Hamsun praising Quisling, HItler, and the German occupation of Norway. Oh wait, not just once, NYTimes printed those articles for six years.
So there is a very low standard one has to succumb to for the current crops of tarts at the NYTimes to take that title.
The golf course is about 2000 feet away, to the south. A fourth story office would easily overlook it.
Maybe so, the freeway is about 100’ away.
Oh they have a record alright, but it is one of dishonesty, perversion, and treason.
They don’t call the New York Times Editorial Board “THE GAY MAFIA” for nothing....
I agree.... the NYT wouldn't BOTHER with this, if they didn't think they NEEDED to.. No doubt, they've been fed instructions about the NEED... that means, Issa's got something.
NYT Alinsky/sleaze ping
B U M P
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