Latest from Paul Detrick
When a horrible tragedy happens, media reports try to find a place to point the finger. Although, this time a company name is being tacked on to something they had nothing to do with.
Heparin is a generic drug made by many different companies that is used to thin blood. It has recently been involved in two accidents involving babies and media reports have unfairly connecting one company to both incidents.
Actor Dennis Quaid and his wife Kimberly are suing Baxter Healthcare Corp. They claimed the heparin blue labels could be confused with a less potent derivative, which reportedly led to the injury of their newborn children, according to Bloomberg.
On July 6, 17 babies in a hospital in Corpus Christi, Texas, were given an overdose of the drug, resulting in the death of a set of twins. Although their deaths are still being investigated.
Media reports of the incident at Christus Spohn Hospital South in Texas have been tied in with Quaid's lawsuit against Baxter over heparin even though the two cases are unrelated and Baxter has confirmed it did not manufacture the heparin used in the Texas accident.
Tamron Hall reviews customer dissatisfaction, leaves out high cost of jet fuel.
Forget the basics of supply and demand, just find someone to blame.
As Congress takes new aim at speculators for the high price of gasoline, some media reports seem to be following suit. But as The Biz Flog explains this week, there is considerable debate over whether speculators should be blamed for the high cost of oil.
June 23, the same day Democrats on the House Energy and Commerce Committee condemned oil speculators, the "CBS Evening News" and ABC's "World News" blamed oil speculation for a large chunk of the spike in prices.
"There's no doubt speculation plays a role in the skyrocketing price, but how much?" ABC correspondent Ryan Owens said June 23. "Experts say if it were just simple supply and demand a barrel would cost $75. Today it closed north of $135."
Scott Horsley explained oil speculation on June 29 for National Public Radio's "All Things Considered," where he pointed out that there have always been financial players in the oil market and there is still a debate over what influence they really have.
Gas prices got you down? Ride a horse, says MSNBC.
On a "MSNBC Live," report on "sky high gas prices" anchor Tamron Hall relayed the story of one man who is using a horse rather than a vehicle, but did not explain some important reasons why prices have soared.
"The high prices have led ... one Tennessee man to find a more fuel efficient way to get around town in Bradley County: The guy is riding a horse," Hall said on the May 9 broadcast. "It is cheaper to maintain a horse than it is to fill up a gas tank. He says that it costs $150 to $200 a month to ride and feed that pony."
The New York Times reported that outside the United States the Federal Aviation Administration is considered a "role model" and "first-rate regulator," because it has the lowest accident rate in the world. The Times' viewed regulation rather than market based innovation as the solution to accident rates in foreign countries.
In Latin America, "accidents number one for every 600,000 flights" and "Africa is the least safe region in the world for air travel, with one accident for every 244,000 flights," said the Times.
One source, Giovanni Bisignani, secretary general of the International Air Transport Association, lamented the "the lack of a common regulatory framework" and failure to live up to standards set by the International Civil Aviation Organization, a United Nations specialized agency.
But the success of accident records in the United States doesn't lie solely in regulation. Safety looks good to consumers too.
Newspaper says that in other regions of the world the agency is looked up to.
CBS's "Early Show" gave a fairly glowing report from the May Day celebration in Havana, Cuba, May 1, on changes Cuban President Raúl Castro has made in the country. Reporter Elizabeth Palmer called the leader's brother, Fidel Castro, a "revolutionary hero."
Fidel Castro handed provisional power to Raúl Castro, his younger brother, in July 2006. Raúl Castro officially took over the presidency in February 2008 after Fidel Castro fell ill.
Anchor Russ Mitchell said the May Day celebrations in Cuba signaled a "new era" for the country, and Palmer touted reforms like "cell phones," "text-messaging," opening of "resort hotels" to Cuban citizens and "shiny new Chinese buses."
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."
You're going to need a few extra bucks to pay for those corn flakes every morning.
CNN's senior business correspondent Ali Velshi let viewers in on an underreported fact about rising commodities prices: the government mandate for ethanol production is making corn and other agricultural products more expensive-making inflation a top priority for Americans.
"Several years ago, we made some decisions about how corn is going to be used to make ethanol, which is added to our gasoline," said Velshi on "American Morning" April 4. "A number of people think that that was meant to reduce our dependency on crude oil. What is does is it takes what is fundamentally a food source and makes it into a gasoline source. That's caused corn to go up."
Ali Velshi says government mandated ethanol has led to increase in commodities prices and the cost of the food on your table.
'Early Show' warns of suicide risk for asthma/allergy drug; 'Today' stresses consumer caution.