UPDATED: Glenn Beck's Advertisers Pulling Their Ads In Droves For Calling Obama "A Racist"

Glenn Beck accused President Obama of being "a racist":

He thought he could get away with it, but he was wrong.

First Morning Douchebags -- surprisingly -- took their shot:
The, Ed Schultz Ripped into him:
Then, Chris Matthews took his shot:
Cable news competitor taking him on is one thing, However. It's when advertisers start pulling their ads in droves that it turns into something quite another. And that really hurts.

From HuffPo:

Fox News' Glenn Beck is feeling the consequences of his controversial comments on the July 28 episode of "Fox and Friends," when he said that Barack Obama was a "racist" who had a "deep-seated hatred for white people or the white culture."

According to TVNewser, Beck advertisers Procter and Gamble, Lawyers.com and Progressive Insurance have all pulled their ads from Beck's 5PM ET show. This comes in the wake of groups like ColorOfChange.org's efforts to get companies to distance themselves from Beck.

Fox News told TVNewser that the advertisements were simply moved to other time slots on Fox News, and thus had no effect on the network's revenue (which, incidentally, was a bright spot in News Corp's otherwise dismal earnings).


Beck doesn't know when to quit: Now H'es joking about poisoning Speaker Pelosi:

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