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FOX Business Network Starts It Own Index Fund. The Question Is Will They Keep Hiring Ann Coulter As a "Business Expert" After Her CNBC Meltdown?

Reported by Marie Therese - October 12, 2007 -

Rupert Murdoch's FOX Business Network - which will launch on Monday - will be listing its own Index Fund on the stock market to coincide with the launch date of FBN. According to TV Newser, "Fox has created its own consumer friendly index of companies." It's already listed at Marketwatch.com, a Dow Jones Company. Dow Jones, as you will recall, is now owned by News Corporation, which also owns FOX News Channel, the FOX Business Network, the Wall Street Journal and the FOX 50 Index Fund. Murdoch better make sure that everything is out in the open (not his strong suit) because the line-up of powerful, interrelated business enterprises begins to look like synergy run amok.

The actual list of companies is not yet available, but we can make a stab at what some of those "consumer friendly" sectors might be, i.e. oil, gas, nuclear, coal, anyone who advertises on FOX News or FOX Entertainment or FOX sports, real estate (especially Florida), financials (including Scott Trade, a big advertiser on FOX News Channel), porn movies and distribution (Cavuto is, after all, obsessed with scantily clad females), etc. Naturally, we hope we will NOT see any of News Corporation's own companies listed, since that would really fuel the "conflict of interest" rumor mill. And we can be pretty sure than "green" companies will be curiously absent, since FOX News chooses to believe the 5% of the world's scientists that deny a human cause to global warming.

Some of FOX business guru Neil Cavuto's "favorite" guests are Jack Welch (former CEO of GE), Bob Murray (coal magnate and owner of the collapsed Utah mine where nine men died), John Bradshaw Layfield (former wrestler and the man who offended Germans with an impromptu goose step and Nazi salute), Neal Boortz (Libertarian radio talk show host), Ann Coulter (anti-Semitic author and commentator), Donald Trump (who slimed Rosie O'Donnell and revealed himself to be a boor and a cad with bad hair), Mary Carey (former porn star and erstwhile candidate for Governor of California), etc.

Using this list as a starting point, one can safely assume that FBN will feature the same kind of "suede shoe" used-car sales pitch we've seen for the past three years on FOX News Channel, carefully designed to lull the unsuspecting FOX viewer into supporting the very industries that have sold American jobs, the American worker and the American enviroment down the tubes in pursuit of a quick buck.

But, let's face it. The "real" issue is Ann Coulter's continuing status as a FOX business expert, commentator and most-favored-guest status.

During an interview with Donny Deutsch on CNBC, she said that the Jews need to be "perfected" by becoming Christians. This has caused an uproar in the Jewish community, some members of which are demanding that news outlets stop using Ms. Coulter as a commentator.

You can access the video and transcript by clicking the links below:

VIDEO: The Big Idea with Donny Deutsch

TRANSCRIPT: FOXNews.com

The National Jewish Democratic Council has posted a petition on their website asking that Coulter be shunned by media outlets. Click here if you'd like to add your name.