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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.

Talking Ourselves into Recession

Despite Federal Reserve's expectations of no recession in 2008, journalists can't get enough of the word.

Media Claim Business Owes Debt to Society

Lenders and related companies are blamed for borrowers' debt troubles six times as often as borrowers, according to a new study of network media coverage.

Cramer II: Cuomo 'Throwing Gasoline' on Housing Market Fire

CNBC 'Mad Money' host attacks New York AG Cuomo on 'Today,' Predicts $4 a gallon gas in six weeks.

CNBC's Cramer: New York AG Cuomo a 'Communist'

'Mad Money' host complains liberal, pro-regulatory attorney general destroying the lending market.

CBS Initiates One-Sided Attack on Countrywide CEO's Stock Sales

'Evening News' questions executive's stock decisions, despite its own warning in September 2006 that the housing market could lead to a recession.

Washington Post, USA Today Favor Liberal's Plan to Regulate Mortgages

Newspapers showcase Rep. Barney Frank's plan to further 'control' the industry, virtually ignore criticism and opposition.

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.'

Media Coverage Rated 'R' for 'Recession'

The media have predicted recession for four years. Will this be the year?
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