Tuesday, September 20, 2011

Media Matters Daily Summary 09-20-11

Fox "Straight News" Correspondent Pushes Falsehood That Social Security "May Run Out Of Money"
On Fox News' Your World, Fox's chief political correspondent Carl Cameron defended Gov. Rick Perry's attack on Social Security, claiming that Social Security "may run out of money." In fact, Social Security will pay full benefits until 2036, even if no changes are made to the program, and even after 2036, Social Security will be able to pay "three-quarters of scheduled benefits through 2085." Read More

Right-Wing Media Defend The Rich Unless The Rich Person Is Named Warren Buffett
Following President Obama's introduction of a plan for "economic growth and deficit reduction," the right-wing media have rushed to defend the rich from the proposed tax increases. However, the one rich person they are not defending is Warren Buffett, a billionaire who has argued that the country's wealthiest individuals should no longer be "coddled" by a "billionaire-friendly Congress" and should instead pay higher taxes. Read More

Fox's Varney Demonizes UAW's "Sweetheart Deal" With GM By Telling Half The Story
Fox Business host Stuart Varney claimed that the United Auto Workers received a "sweetheart deal" from General Motors, largely because the deal includes a $5,000 signing bonus for every worker. But Varney didn't mention that the signing bonus reportedly takes the place of cost-of-living wage increases in the deal or that the deal will reopen a Tennessee assembly plant and reduce GM's overall labor costs during the lifetime of the contract. Read More

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