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Business

Here’s That Bloomberg Businessweek Cover Everyone Is Talking About

Jan. 3, 2013 12:35pm Becket Adams

Now that Newsweek is no more, where are we supposed to go for controversial (or — at the very least — thought-provoking) magazine covers?

Apparently, Bloomberg Businessweek has decided to fill that void. Here’s their post-“fiscal cliff” magazine cover:

However, although many will probably agree with the magazine’s message, Business Insider’s Joe Wiesenthal takes umbrage with its depiction of Congress as a bunch of crying babies.

“[I]t’s inaccurate to depict the Congress as being all babies,” he writes. “A lot of Congressmen on both sides of the aisle are adults trying to make deals, and look out for the interests of their constituents.”

“That being said, there is a pretty sizable faction of Fiscal Fanatics that thinks it’s beneficial to go to the edge of a government shutdown/default. And they think that unless they get 100% of want they want, then they’ve done a complete sellout. Baby mentality. After all, the Fiscal Cliff deal preserved the Bush tax cuts for virtually all Americans, and yet most of the GOP in the House couldn’t vote for it,” he adds.

He points to what, he says, is the real issue.

“A number of folks in the media seem to get that there’s something reckless about the Default Caucus of the GOP, but since they strive so hard for balance, they have to attack Obama for something too, and so they usually point to his lack of spending cuts,” he writes.

“The truth of the matter is that Obama has done more than the GOP in terms of trying to come to grips with entitlement spending,” he adds. “Most Congressmen aren’t babies. Some are. In 2013, let’s get rid of the ‘pox on both their houses’ way of looking at things.”

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Front page photo courtesy Getty Images

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Comments (45)

NigelTufnel
Posted on January 3, 2013 at 2:51pm
You can’t say Obama has done great things for entitlement reform after he removed the work requirement for welfare. This after Clinton and Newt instituted it and it worked well. But we’ve become a nation of commenting off the cuff with no facts to back it up.

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- vox_populi
  Posted on January 3, 2013 at 3:41pm
  “But we’ve become a nation of commenting off the cuff with no facts to back it up.”
  
  I know, right? And then people stay stupid, inaccurate things that they’ve merely heard from others without looking into it, things like,
  
  “[Obama] removed the work requirement for welfare. This after Clinton and Newt instituted it and it worked well.”
  
  Nope.
  
  http://www.politifact.com/truth-o-meter/statements/2012/aug/07/mitt-romney/mitt-romney-says-barack-obamas-plan-abandons-tenet/
  
  Nope.
  
  http://www.washingtonpost.com/blogs/fact-checker/post/spin-and-counterspin-in-the-welfare-debate/2012/08/07/61bf03b6-e0e3-11e1-8fc5-a7dcf1fc161d_blog.html
  
  Nope.
  
  http://www.cnn.com/2012/08/23/politics/fact-check-welfare/index.html
  
  Nope.
  
  http://www.npr.org/blogs/itsallpolitics/2012/08/22/159791065/despite-fact-checks-romney-escalates-welfare-work-requirement-charge
  
  Report this comment
- CenterLineStripe
  Posted on January 3, 2013 at 3:50pm
  So where then are your facts about O. removing the work requirement….I’ll wait. Oh and don’t give me a link to some right or left leaning blog…a REAL NEWS source would be nice
  
  Report this comment
Truthbeliever2
Posted on January 3, 2013 at 2:47pm
BABIES???

The cover should read. LOWEST OF THE LOW! or CROOKS AND THIEVES! or DEAD MEN WALKING!

I really like that last one…

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thegreatcarnac
Posted on January 3, 2013 at 2:30pm
“Obama has done more than the GOP in terms of trying to come to grips with entitlement spending…”, is the most lying statement I have seen in a long time. If it were not for obama wanting to increase taxes on people there would be no problem. You can bet he will be trying to pass more taxes on people, especially the rich. He is not through. The middle-class will be next to be attacked by the obama tax wave.

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SamIamTwo
Posted on January 3, 2013 at 2:11pm
Actually, the farm has been on auto pilot for about 30 years. Regulations abound, and any new administration can use and abuse them at will without going thru congress via EO.

You have no ideal of ALL of the Bills awaiting the right change agent to push them. Some are very dusty.

So yeah, this is what is happening and has been going on for many decades.

Rise and fall, coming some day…I have hope!

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THX-1138
Posted on January 3, 2013 at 2:08pm
Keep pushing. Seriously, keep pushing. I can’t wait to see the video of what they do the politicians and media when they get the joke…

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justa_thought
Posted on January 3, 2013 at 1:56pm
OHHHH it if were only that bad.

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jackact
Posted on January 3, 2013 at 1:49pm
‘Babies’ is too nice a word.
‘Hubris’ is more appropriate for those incompetents.

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- apexmoon
  Posted on January 3, 2013 at 2:21pm
  I was thinking the same thing. The picture is kind of an insult to babies if you ask me.
  
  Report this comment
minnfinn
Posted on January 3, 2013 at 1:45pm
A natural degression to Nanny Bloomberg’s dream to dictate to the country and world what HE thinks everyone should do, think, eat/not eat, tax, spend, own, etc. etc.

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huey6367
Posted on January 3, 2013 at 1:34pm
This guy’s (Wiesenthal) comments are so funny they me pee myself a little.

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IMCHRISTIAN
Posted on January 3, 2013 at 1:34pm
Do you suppose he will show a cover of the government depicted as suckling those that voted November 6th that were LIV (little informed voters). I heard the initials (LIV) on radio the other night or it was something like that.

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- Chuck Stein
  Posted on January 3, 2013 at 1:42pm
  I think that “LIV” is for “Low Information Voters”
  
  Report this comment
- IMCHRISTIAN
  Posted on January 3, 2013 at 1:53pm
  ok ty, Chuck for the correction
  
  Report this comment
taintso
Posted on January 3, 2013 at 1:32pm
And Bloombugger is testing adult diapers to see how much **** they can hold.

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hauschild
Posted on January 3, 2013 at 1:21pm
Should have had pictures of devils instead of babies because babies are unaware of any havoc they wreak, while devils are inherently evil and out for themselves – EXACTLY like Congress and the current regime.

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SocialistSlayer
Posted on January 3, 2013 at 1:09pm
“Joe Wiesenthal takes umbrage with its depiction of Congress as a bunch of crying babies.”

Joe your name should be the new dictionary definition for “Idiot” because you define it perfectly !

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chucksue351
Posted on January 3, 2013 at 1:05pm
it is fitting as bloomberg wants to be the nations nanny

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bikerdogred1
Posted on January 3, 2013 at 1:05pm
This isn’t funny because this is what America is turning into,crybabies and welfare,the american dream.

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- BODYBAG
  Posted on January 3, 2013 at 1:12pm
  I remember not long ago some prominent individual going very public with a similar
  statement referring to “a nation of whiners” and being blistered because of it.
  I happen to agree.
  
  Report this comment
ArmedAndReallyPissed
Posted on January 3, 2013 at 12:59pm
“The truth of the matter is that Obama has done more than the GOP in terms of trying to come to grips with entitlement spending,” he adds.”ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

ENTITLEMENT Spending ? Did i miss something here ? Why the emphasis on ENTITLEMENT spending ? This Joe W. is blaming the 16+ Trillion National Debt on ENTITLEMENT spending ?
Maybe i missed something here. But i do love the Cover Picture. It’s accurate and priceless.

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- CenterLineStripe
  Posted on January 3, 2013 at 3:59pm
  I thought entitlement spending was one of the huge drivers of our debt? I know there’s other factors but what I hear all the time is we need to reign in entitlement spending. AM I missing something?
  
  Report this comment
Winedude
Posted on January 3, 2013 at 12:56pm
The magazine cover looks pretty accurate to me, both in depiction of the congress’s composition and the comment on the cover. I’d have to agree with both assessments,. But I’ve got to say that some of the things I’ve seen written on this site and others are, at the very least entertaining, if not delusional.

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Jayms
Posted on January 3, 2013 at 12:56pm
This is ludicrous. Obama is the one that is looking to get 98% of what he wants, and is only prepared to give Republicans 1% of the rest. Republicans are very forgiving – it’s in their nature. If the deal came down to 60/40 the Republicans would take it and even the Democrats could gloat about such a ‘victory’. But NO – Obama wants to set fire to Republicans and burn them hideously and relentlessly.

And to this I say, FINE. You want to play that way? Then Republicans should just call his bluff and let civilization crumble around Obama’s head. How else will they learn?

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- Cavallo
  Posted on January 3, 2013 at 1:08pm
  I think they should get together and pass whatever Obama first hands them. No changes. Watch what happens when the communists get what they want. Can’t blame the republicans then, it was passed just how he wanted it. Then he would have the choice of vetoing his own bill or letting society collapse on his watch,.
  
  Report this comment
vbell
Posted on January 3, 2013 at 12:53pm
Funny how it’s all about raising taxes. They’re always missing the point of ‘Fiscal’ responsibility. They have the picture wrong as well. It should show a room full of IDIOTS!

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- THX-1138
  Posted on January 3, 2013 at 2:10pm
  You mean a picture of the Congressmen?
  
  Report this comment
willingtoupe
Posted on January 3, 2013 at 12:53pm
Funny, there aren’t any black faces there! Thanx alot PLANNED PARENTHOOD!!!

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- biohazard23
  Posted on January 3, 2013 at 1:02pm
  Tee hee…. I know I shouldn’t laugh, but…. :)
  
  Report this comment
- ArmedAndReallyPissed
  Posted on January 3, 2013 at 1:03pm
  Every post of yours is Racist. All you can talk about is Blacks. Your a dumbass.
  Thanks alot Planned Parenthood !!!!!!!!!!!!!!!!!!!!! Keep up the good work.
  
  Report this comment
- biohazard23
  Posted on January 3, 2013 at 1:26pm
  @Armed, I think Willingtoupe’s comment was more of a sarcastic swipe at the work of Planned Parenthood and their original intended ethnic target. Well, at least I HOPE it was.
  
  Report this comment
- ArmedAndReallyPissed
  Posted on January 3, 2013 at 2:08pm
  BIO : You might be right. All i know is every post he brings up the race card. Maybe i’ve just let people like the Jamie Foxx and Samuel Hell Jackson piece me off too much lately. Later, my friend.
  
  Report this comment
- apexmoon
  Posted on January 3, 2013 at 2:25pm
  Actually there are several black faces in the pic. Guess you just overlooked them.
  
  Report this comment
biohazard23
Posted on January 3, 2013 at 12:51pm
“The truth of the matter is that Obama has done more than the GOP in terms of trying to come to grips with entitlement spending,” he (Wiesenthal) adds.

HA HA HA HA HA HA HA HA (cough) HA HA HA HA HA (hack!!) HA HA HA HA HA HA HA HA HA HA HA HA HA (snort) HA HA HA HA HA HA HA (hack cough) HA HA HA HA HA HA HA HA HA HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

OMG, and he’s SERIOUS when he says that, too!

LOLOLOLOLOLOLOLOLOLOLOLOLOLOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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- ArmedAndReallyPissed
  Posted on January 3, 2013 at 1:05pm
  EXACTLY !!! We would expect this from Maher, Matthews or Moore. This guy is a total Stool Sample.
  
  Report this comment
- CenterLineStripe
  Posted on January 3, 2013 at 5:45pm
  Or the same kinda stuff you’d expect from Beck, Limbaugh, or Levin
  
  Report this comment
Cavallo
Posted on January 3, 2013 at 12:50pm
“The truth of the matter is that Obama has done more than the GOP in terms of trying to come to grips with entitlement spending,”

Maybe in lala fantasy land. Did he even look at the budget that bobo the wonder marxist proposed that couldn’t garner even a single communist vote?

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SquidVetOhio
Posted on January 3, 2013 at 12:47pm
“The truth of the matter is that Obama has done more than the GOP in terms of trying to come to grips with entitlement spending,”

Are you sure this wasn’t MAD magazine? What a cosmically stupid statement.

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BSdetector
Posted on January 3, 2013 at 12:44pm
Maybe we can finally get some Treason trials going after the NEXT four years…

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WildschweinJager
Posted on January 3, 2013 at 12:43pm
Bloomberg the new Soup Nazi. No large coke for you!

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