When you can’t dazzle them with brilliance, baffle them with bullshit Barack Obama, and his entire campaign are out of ideas and have resort4ed to bird droppings, from, Wall Street Journal:
According to financial statements for the year ended June 30, 2011, Sesame Workshop and its nonprofit and for-profit subsidiaries had total operating revenue of more than $134 million. They receive about $8 million a year in direct government grants and more indirectly via PBS subsidies. Big Bird and friends also receive corporate and foundation support, and donations amount to about a third of revenue. Distribution fees and royalties comprise another third and licensing revenue makes up the rest.
At the end of fiscal 2011, Sesame Workshop and its subsidiaries had total assets of $289 million. About $29 million was held in cash and “cash equivalents,” mainly money-market mutual funds. Another $121 million on the balance sheet was held in “investments.” According to the accompanying notes, these investments included stakes in hedge funds and private-equity funds. It’s unclear from the financial statements if Big Bird has ever invested in funds run by Bain Capital, founded by Mitt Romney, but no doubt Sesame would be welcomed as a client by many investment managers
The strangest line in the sand, since Saddam Hussein decision to defend Kuwait.
More, Obama campaign leaves Big Bird droppings, across political spectrum, from Ed Morriswsey, Hot Air:
When your campaign strategy loses Matt Lauer, Chris Matthews Bob Shrum, and earns four Pinocchios from the Washington Post, where exactly does that leave you? In a fine, feathered mess, that’s where.
Mitt Romney wants to talk about twenty-three million unemployed or under employed. Barack Obama wants to talk about yellow feather, multimillionaire welfare queen. True, Romney is a millionaire, but Big Bird is even richer, just not as rich as John Kerry.
Addendum: more, Steve Blanco, Legal Insurrection:
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