FAIR is the national progressive media watchdog group, challenging corporate media bias, spin and misinformation.
“If you’re a wealthy supporter of JD Vance, you now have an easy way to create a story on CNN, simply by placing a bet for your favorite candidate.”
We’re learning about the deal just struck by “news” outlets CNN and CNBC with the “prediction market operator” Kalshi Inc.
“The fossil fuel industry has a long history of investing in the media in order to manipulate the conversation.”
Corporate media—whose owners are overwhelmingly from the class that would be paying a wealth tax—threw cold water on the idea,
Commercial media is, of course, a system for serving corporate advertisers the audience they want. And wealth and influence aren’t so much condiments as the main ingredient.
The corporate media’s coverage of Trump’s new EPA administrator, Scott Pruitt, will ostensibly aid the damage to the Earth’s climate.
If the public rollout of the Trump administration’s new EPA administrator, Scott Pruitt, is any indication, the Earth’s climate will suffer even greater, irreversible damage during the next four years. And the corporate media’s coverage of it may only make it worse.
Partisan blogger Nick (8/6/09) has republished a new email campaign from American Rights at Work that reviews how, “just before Bear Stearns went under, CNBC‘s Jim Cramer had strong advice for his Mad Money viewers: buy Bear Stearns stock, and fast!” Of course, “then the company imploded and thousands of ordinary people saw their retirement […]
Jim Cramer, CNBC: “I think Goldman is a great firm…. The good guys are in charge. [Lloyd] Blankfein is a fabulous guy. Do people want him in jail? Does Paul Krugman want him in jail? Where do they want these guys?” Mike Barnicle, Boston Herald: “Paul Krugman wants anyone who makes over $75,000 a year […]
Editorializing in the Wall Street Journal (3/18/09) on how “Financial Journalists Fail Upward,” Wrecking Crew author Thomas Frank sees the “world of financial infotainment” as its own “market where accountability does not seem to exist” and in which “the old order discredits itself, but the old order persists nevertheless”: This needs to be repeated every […]
Personally inclined to think that “CNBC may be beyond repair,” John Nichols (Nation, 3/17/09) still thinks a new Fix CNBC! campaign’s “messaging is smart and instructive with regard to the broader media crisis in America,” quoting their open letter to the financial network: Americans need CNBC to do strong, watchdog journalism–asking tough questions to Wall […]
Many observers praised the Daily Show‘s Jon Stewart for his hard-hitting interview with CNBC‘s Jim Cramer. Columnist Richard Cohen (Washington Post, 3/17/09) begs to differ. Actually, Stewart was “wrong” to go after Cramer, Cohen wrote—it was a “cheap shot at business media.” His main argument is that Stewart charged that Cramer “knew all the time […]
During his well-publicized appearance with Jon Stewart (Daily Show, 3/12/09), CNBC’s Jim Cramer tried to present himself as a rational financial journalist, dismissing his on-air wild man persona as entertainment. But if you listened to his calm, sober pronouncements, they really weren’t all that rational. For instance, he said by way of apology, referring to […]
Economics writer David Lieberman (USA Today, 3/11/09) previews a Today show interview with CNBC‘s Mad Money host Jim Cramer by pointing out that Cramer will “have to answer for misguided stock predictions–including some last year urging investors to buy and hold Bear Stearns just before the investment bank collapsed.” But the ironic bit comes after […]
Ryan Chittum of CJR.org holds up (2/19/09) Rick Santelli’s recent CNBC tantrum as “an example of what’s wrong with a certain kind of financial journalism, the kind where people of like backgrounds spend all day staring at tickers and interviewing each other. As such, Chittum says, “the segment couldn’t more clearly illustrate the disconnect between […]
The folks at Think Progress recently brought us “a report showing that, in the debate over the House economic recovery bill on the five cable news networks, Republican members of Congress outnumbered their Democratic counterparts by a ratio of 2 to 1.” Now that the legislation “passed the House last week with zero Republican votes, […]
