activistgroups http://www.mrc.org/taxonomy/term/13550/all en CBS Features Left-Wing Activist Group in Rate Cut Coverage http://www.mrc.org/articles/cbs-features-left-wing-activist-group-rate-cut-coverage <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; On Oct. 29, the Federal Reserve cut the Fed funds rate target to 1 percent – a level not seen since 2003 – in an effort to make lending flow more freely. But “CBS Evening News” went a different direction with its coverage of the rate cut.</p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; Unlike the other two broadcast network newscasts, which focused their coverage that evening on the financial markets, CBS featured a liberal activist group protesting Fannie Mae, the failed government-sponsored enterprise behind much of the mortgage crisis.</p><p>&nbsp;</p><p><a href="http://www.mrc.org/articles/cbs-features-left-wing-activist-group-rate-cut-coverage" target="_blank">read more</a></p> Articles Business and Media Institute Taxes activistgroups aggressiveconfrontationadvocacy AnthonyMason cbs economicjustice EdnaBarber EveningNews FannieMae FederalReserve interestrates MainStreet NACA NeighborhoodAssistanceCorporationofAmerica NewYorkTimes Protesters WallStreet Thu, 30 Oct 2008 13:37:48 +0000 admin 25814 at http://www.mrc.org