Can a president who has launched military strikes on seven countries really be called a 'reluctant warrior?'
Before she was a reporter, CNN host Erin Burnett worked on Wall Street. Evidently she still sees things from that perspective. On October 21, Burnett took time on her show OutFront to criticize the Justice Department's reported $13 billion settlement with JPMorgan Chase. The bank is apparently ready to settle over a variety of claims relating to mortgage securities and the 2008 economic collapse. To Burnett, this is the government punishing success–and making the bank pay for things it didn't even do: This is all related to mortgage-backed securities and bad mortgages. It's a hell of a lot of money, […]
There's no doubt that the sex scandal that prompted CIA director David Petraeus's sudden resignation late last week is a big story. New details–verified or not–seem to arrive almost by the hour. But the reason it seems to have shaken so many media figures is because Petraeus was uniquely beloved by many in the corporate media, who considered him both an accessible source and a war hero. NBC Nightly News anchor Brian Williams called him (11/9/12) a "a man of such sterling reputation," and confided on the air to one guest that "it is impossible to be a member of […]
CNN reporter Erin Burnett's comment (10/29/12) that it was "kind of neat" to see New York City break its flooding record as the storm surge from Hurricane Sandy flooded Battery Park was bizarre, to say the very least: I just want to give everyone an update of where we are right now in terms of the record books. This is one for the record books. In terms of the storm surge here in Manhattan, Lower Manhattan where I am right now, almost a three-foot record, three feet. We're at 12.75 feet, as you can see, it's above my ankles now […]
The Paper of Record has spoken: We didn't think much of Occupy before, and now what we think is that it's over. The day before Occupy activists were gathering to mark the movement's one-year anniversary, Times columnist Joe Nocera wrote (9/16/12): "For all intents and purposes, the Occupy movement is dead." Before the collapse of Lehman Brothers, Nocera explains, there was complacency. It was easy to believe that housing prices could only go up and that we could always rely on debt to maintain our standard of living. We shrugged as manufacturing jobs disappeared–5.8 million just since 2000–and good middle-class […]
With discussions of a military attack on Iran circulating among U.S. and Israeli political elites, CNN has added fuel to the fire with a series of alarmist reports about supposedly Iranian-linked terrorist operatives inside the United States who are ready to strike. On the March 21 broadcast of the Situation Room, anchor Wolf Blitzer announced that there could be "a terrifying new reason for all of us to be potentially very worried about U.S. tensions with Iran." What's the terrifying potential worry? Some U.S. officials apparently claim: Iran has a large terrorist-trained force right here in the United States right […]
Last night (10/4/11) CNN host Erin Burnett noted that her fact check of the Occupy Wall Street protests had drawn some criticism. But she still doesn't seem to get it. "Well, our story got noted documentarian Michael Moore, who watched the show last night," she reported before playing a video response from Moore: I just don't understand that piece, you know, that new show. These companies, these banks, Goldman Sachs up here, they took billions and billions of dollars of citizens' money, and they ask us to pay for their crime and we're supposed to be OK because some of […]
CNN's newest show–OutFront, featuring Erin Burnett–did a "factcheck" of the protest in Lower Manhattan that was long on attitude and short on accuracy. If you'd like the network to take another look, see FAIR's latest Action Alert. Please leave copies of your messages to CNN, or responses to the alert, in the comment thread below.
A full-page ad in USA Today reminded me that today is the debut of Erin Burnett's CNN show OutFront. Burnett gained a following at CNBC, and came to the attention of many conservatives with a report on the Today show (7/17/07) that managed to touch on almost every conservative myth about the economy, earning praise from Rush Limbaugh in the process. After a clip of Hillary Clinton saying that soaring corporate profits were "like trickle-down economics but without the trickle," Burnett made these claims: But while the rich are getting richer, you may be, too. Here's why: More than half […]
CNBC's Erin Burnett discussing the tax deal on the Today show yesterday (12/7/10): "With capital gains and dividend taxes staying low, the half of Americans that own stocks get a benefit there as well." Oh, really? Here's some figures from the Center on Budget & Policy Priorities (1/30/06): Over half–54 percent–of all capital gains and dividend income flows to the 0.2 percent of households with annual incomes over $1 million. More than three-quarters–78 percent–of this income goes to those households with income over $200,000, which account for about 3 percent of all households. In contrast, only 11 percent of capital […]
The roundtable on Sunday's Meet the Press (2/1/09) sure didn't look promising: Republican flat tax enthusiast Steve Forbes, former McCain economic adviser Mark Zandi and CNBC reporter Erin Burnett. It was Burnett, though, who delivered a head-scratching defense of the$18 billion bonuses recently doled out at Wall Street firms (many of which are still standing thanks only to the government's multi-billion dollar TARP bailout). As Burnett explained, the populist anger was misplaced (see bold): BURNETT: I understand the outrage, and you understand the populism. There are, though–well, how should we say this? The taxpayer money is not being used to […]