Economic Issues
November 3, 2009
Another Salvo In Fox News’ War For The Wealthy
Guest blogged by Brian
Fox News’ “business block” is always looking for ways to help the rich and screw the rest of us. On Saturday’s (10/31/09) Cashin’ In, the gang used the ruse of claiming there’s a “war on wealth” to attack President Obama’s efforts to shore up the economy and help the middle class. With video.
Continue reading >>November 2, 2009
Fox Nation Distorts George Soros' Work In Order To Demonize Him
Guest blogged by Dan
From the Fox Nation headline, "Soros Spending $50M to Battle Free-Market Capitalism," you'd expect Mr. Soros to be waving the red flag of revolution. But the real story is something entirely different.
Frox News Tries To Suggest Stimulus A Waste Of Money
Guest blogged by Brian
A segment in which Fox News accused the White House of exaggerating the number of jobs created by the stimulus was obviously an attempt to suggest the whole thing was a fraudulent waste of money - without the burden of doing any real investigation. Fortunately, former Congressman Martin Frost nailed them on the tactic. With video.
Continue reading >>October 29, 2009
Cavuto Touts Faltering Florida Economy As Example Of Good Fiscal Policy
Guest blogged by Brian
Tuesday’s (10/27/09) Your World featured a discussion with former New York Senator Alphonse D’Amato. The premise was that higher income taxes for top earners in New York State are pushing people out and that the same will happen in the U.S. As proof that lower taxes are so terrific, Cavuto cited Florida, which just happens to be one of the hardest-hit states in our current economic downturn and Texas, which makes up for its lack of income tax with sky-high property taxes (ranked #2 in the country). With video.
Continue reading >>October 28, 2009
Fox Business As Usual - Attacking Obama
Guest blogged by Dan
An article on Foxbusiness.com reports on a meeting between White House officials and several top business CEO's many of whom are also members of the US Chamber of Commerce. Fox reports that an unnamed "business source" "said (White House adviser Valerie) Jarrett asked executives to pressure the Chamber to moderate its opposition to creating a new Consumer Financial Protection Agency." The article also noted that the White House called that report "inaccurate." Funny how we can't recall the same level of interest from Fox News about what happened during Dick Cheney's secret meetings with energy companies. Meanwhile, the comments are loaded with smears and attacks on Obama rather than business discussions.
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