Saturday Open Thread [11.2.13]
Republicans have a self esteem problem.
Fox News has fallen out of favor with Republicans after two years of untouched supremacy as the party’s brand of choice across any and every medium, according to a recent YouGov survey. YouGov measures which brands are preferred by each party (Republicans, Democrats, Independents) by adding and subtracting negative feedback on a 100 to -100 scale. In 2011, Fox News led all brands [among Republicans] with 68 support points, a full 5 points ahead of the rest. In 2012, Fox News led with 64.5 support points, 1.7 points above the rest. This year? In 2013, Fox News didn’t even make the top 10. [...] A Public Policy Poll released in January showed a serious decline in trust during the months after the election. Only 52 percent of those who identify as “somewhat conservative,” said they trust Fox News, down from 65 percent last year. Hardline conservatives trust Fox News less, too: 13 percent said they don’t trust Fox News anymore, compared to 6 percent last year.LOL. You know what happened, right? Fox News dared to inform its viewers that President Obama won the election. THAT FACT IS CLEARLY UNTRUE!!!!! By reporting the President was reelected, Fox News revealed its horrible evil liberal bias, and no true conservative can watch it anymore.
The Labor Department proposal, known as the “fiduciary rule,” would change the ethical standards by which employer-based retirement products like 401(k)’s and IRAs are marketed and sold. The rule has not been updated since 1975, before 401(k)’s and IRAs even existed. The Labor Department wants to broaden the definition of a “fiduciary” to cover all financial advisers who offer individual investment advice for a fee. Under the rule, they would be legally required to work in the best interest of their clients. For example, a fiduciary would not be able to push investment products on customers in which they have a financial stake.