Fed

The Great Media Depression

News reports depict economy far worse now than during the 1929 stock market crash

CBS Omits Skepticism of Homeowner Bailout Plan

'Evening News' acts as if mortgage rescue package is taxpayers' duty since 'the government helped rescue Bear Stearns.'

'Today' Teaches History, Shows Light at End of Recession Tunnel

NBC morning show assumes economy is in recession, compares current conditions to 1973, 1987 and 2001.

Schumer Has Praise for Paulson's Regulatory Restructuring Plan

Democratic New York senator tells CNBC's Erin Burnett that Paulson's plan is 'a good foundation.'

Bartiromo Defends Bernanke On 'Meet the Press'

CNBC 'Closing Bell' host defends Federal Reserve chief; Blames problems on events before Bernanke's tenure.

CNN Reports Oil and Gas Price Fears, Ignores Market Dynamics

'American Morning's' Velshi cites poll of consumer worries but fails to report variables that have led to the rise and recent fall of oil prices.

CBS Reporter Suggests a 'Bailout' for Housing Crisis

'Early Show's' Maggie Rodriguez proposes a 'cram session' to Treasury Secretary to figure out a Bear Stearns-like bailout for 'agencies involved.'

'World News' Claims 'Free Market Didn't Work' in Bear Stearns Collapse

ABC correspondent Terry Moran ignores lost jobs and money lost by shareholders in assessment the free market didn't work, 'government did.'

CNBC's Burnett: Recession vs. Slowdown is Only 'Semantics'

'Today' contributor claims there's no real difference between recession and slowdown, despite the fact that worried talk contributes to economic woes.

Couric Calls CBS Business Reporter Mason the 'Grim Reaper'

'Evening News' business correspondent so rarely finds anything good to say about the U.S. economy that even anchor notices.
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