Wednesday, October 05, 2011

Media Matters Daily Summary 10-05-11

Kilmeade Ignores His Own Network's Promotion To Call Tea Parties "Organic"
On Fox & Friends, Brian Kilmeade claimed, unlike the Wall Street protests, the tea party's origins were "organic." In fact, the protests were launched by GOP consultants and PACs and were heavily promoted and participated in by Fox News Channel. Read More

Limbaugh's Fever Dream: Sen. Schumer Tried To "Destroy" A Bank And "Started" The Financial Crisis
Rush Limbaugh claimed that Sen. Charles Schumer (D-NY) "tr[ied] to destroy" IndyMac Bank and "thereby started a panic that probably started the financial collapse that led to the Great Recession." In fact, investigations have backed up Schumer's claim that IndyMac's deteriorating financial condition was a consequence of lax federal oversight, and federal officials stated that the bank "was already on a course for probable failure" when Schumer expressed his concerns. Read More

No comments: