By Nathan Burchfiel | July 31, 2008 | 2:06 PM EDT

The broadcast networks exhibited gross mismanagement in their coverage of Fannie Mae and Freddie Mac, the government-sponsored mortgage powerhouses now in need of a $25-billion government rescue.

"It's partially a bias and partially just sort of gross mismanagement on their part," Business & Media Institute Vice President Dan Gainor said on CBN's "Newswatch" July 30. "All they had to do was pick up a Wall Street Journal. You know people at the network news shows read the Wall Street Journal at least sometimes. The Journal's been on this case since February 2002 when they had a piece headline, ‘Fannie Mae Enron?'"

The networks - ABC, CBS and NBC - ignored six years of concerns about the two companies' management, Gainor wrote July 28.

"The combination of stock losses, government fines and proposed bailout comes close to $150 billion," he wrote. "It's a huge story largely ignored by network news until a taxpayer bailout was almost guaranteed."

But the networks were more interested in attacking private companies with Enron comparisons than likening Fannie and Freddie to the infamous corporate debacle.

By Julia A. Seymour | May 21, 2008 | 4:59 PM EDT

Dan Gainor, Vice President for the Business & Media Institute, blamed part of people's gloomy perception of the economy on the "constant drumbeat" of negativity coming from the news media. Gainor appeared on Fox Business Network's "Cavuto" May 20.

"Almost 23 million people watch evening news every night. That has an affect and that's almost 1/10 of the American population. Those are people who are shoppers, who are buyers. It affects people and just the constant drumbeat of negativity here from the mainstream media affects people even at high incomes," said Gainor.

The show's host Neil Cavuto seemed to agree, "If this continues and this perception becomes reality, we've got hell to pay to here."

By Paul Detrick | April 21, 2008 | 12:28 PM EDT

Dan Gainor appeared on Fox News's "Fox and Friends" to talk about the latest issue of Time magazine, which had a Photoshopped cover of World War II Marines raising a tree instead of the American flag at Iwo Jima.

Gainor told viewers of the Saturday morning broadcast April 19, "Time magazine basically tried to co-op an icon of American heroism to push their global warming agenda. They're trying to claim that their war against global warming is similar to what our veterans endured during WWII."

He went on to say that there were 28,000 casualties and more than 6,000 people killed at Iwo Jima, exclaiming, "That's real war."

By Nathan Burchfiel | April 7, 2008 | 1:52 PM EDT

The news media contribute to the American public's pessimism about the economy, Business & Media Institute Vice President Dan Gainor wrote in Investor's Business Daily April 4.

By Nathan Burchfiel | March 6, 2008 | 5:10 PM EST

Business & Media Institute Vice President Dan Gainor told viewers of the Fox Business Network that stewardship of the environment "doesn't mean you have to embrace every bit of global warming lunacy that comes down the pike."

In his March 6 appearance, Gainor discussed BMI's new report, "Global Warming Censored," showed that network news shows routinely shut out debate on climate issues, even from scientists' perspectives. In fact, in 80 percent of the stories studied an alternate viewpoint wasn't even mentioned.

And when network news shows did feature dissenting views, those people were often branded as "deniers" or "flat Earthers." Scott Pelley, a reporter for CBS, continued to report on climate change for that network despite his 2006 comparison of global warming skeptics to Holocaust deniers.

By Nathan Burchfiel | February 29, 2008 | 9:23 AM EST

BMI Vice President Dan Gainor took to the Fox Business Network Thursday to explain the difference between "depression," "recession" and "slow growth," terms the mainstream media has blurred.

Economists "don't even agree that we're in a recession yet," Gainor said. "But then if you watch the network news shows, we're already up to eight times this year - that's once a week where they've made a comparison to the Great Depression."

Gainor was referring to new research from the Business & Media Institute showing the media's tendency to compare current economic conditions to the Great Depression. Network news shows have made the comparison eight times in 2008, and made the comparison 18 times in 2007.

By Nathan Burchfiel | February 15, 2008 | 4:49 PM EST

Vice President of the Business & Media Institute Dan Gainor outlined the media's failure in covering consumer confidence numbers in a February 15 appearance on the Fox Business Network.

"What we're talking about, instead of consumer confidence, we're talking about media competence," Gainor said. "Last year, July was the six-year high for consumer confidence and yet if you watch any one of the three network news shows, evening news shows, you didn't see it."