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The Medias Top 10 Economic Myths of 2007: Executive Summary

Compiled by the Business & Media Institute

The Medias Top 10 Economic Myths of 2007

Compiled by the Business and Media Institute

Fixing Overheated Housing Market with Half-Baked Bailout Plan

Networks promote government bailout, downplay 80-percent home price gains and overlook consequences of dismissing mortgages' risk.

NPR: The Economy Is Surviving $100 Oil

Public radio broadcast says $100 oil hasn't had too much of a negative effect on economy ... 'yet.'

CBS 'The Early Show' Tells Only Half of the Devalued Dollar Story

Business correspondent Anthony Mason neglects weak dollar's positive effect on exports and idea that it may be undervalued.

Bad Company III

For American Businessmen in the News, the Defense Never Rests

CNN Reporter Tries to Explain Oil and Gas Prices

While predicting higher gas prices, 'American Morning's' Ali Velshi confuses viewers who might not know that gasoline and crude oil are separate - and different - markets.

CBS Plugs Radical Leftist Group's Plea for Housing Assistance

Reporter warns if foreclosed borrowers 'don't get some help, it will be the rest of the economy that needs it.'

Four Years of Media Fairy Tales about the Economy

Journalists pushed fable of recession throughout job-heavy economic recovery.

'World News' Finds Extreme Examples of Mortgage Crises

ABC's Betsy Stark frames rise in foreclosures as the fault of widespread fraud, not poor judgment from lenders and buyers.
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