On the NBC Nightly News, the always hyperbolic Jim Cramer saw “Great Depression II” avoided by the rescue effort, anchor Brian Williams raised 9/11 as he contended “this was the kind of jittery week in New York a lot of people had to go back to 9/11 to remember how they felt then,” prompting an “oh, wow” from CNBC's Maria Bartiromo, and Williams passed along how “a Democratic politico said to me this week, if the Democrats do their job, they'll make this 'fundamentals of the economy' quote to McCain what 'mission accomplished' was to President Bush.”
ABC's World News brought up Iraq as David Muir referred to how a man in Manhattan “asked today what about the more than $600 billion already spent on Iraq?” Muir also read an e-mail: “Why make the little people bail out these companies?” Of course, the “little people” won't since they barely or don't pay any income tax. One-third of those who file pay nothing or get money back while the bottom 50 percent ($32,000 down), who earn 12 percent of the total income, pay less than 3 percent of taxes collected. The top 25 percent ($65,000 up) pay 86 percent and the top 1 percent ($389,000) pay 40 percent, so maybe the wealthier will get something for all they put in.
We're going to turn this evening now to the unemployment report out today which shows a new flurry of pink slips in July. Employers cut 51,000 jobs last month, as the unemployment rate rose to 5.7 percent. This marks the seventh month in a row with job losses.NBC anchor Brian Williams, with “Hard Times” on screen, reported:
On the jobs front, the employers cut their payrolls for the seventh straight month in July, total of 51,000 jobs were shed just last month, bringing the total for the year so far to almost half a million. Unemployment rate jumped two-tenths of a percent to 5.7, that's now a four-year high. A growing number of Americans are struggling on the job front even though they're not unemployed. Instead, they're being downsized from full-time work to part-time. That report from NBC's Rehema Ellis.
On ABC's World News, anchor David Muir led with how “Barack Obama is calling it one of the biggest mistakes made in the war on terror: The Bush administration's decision to focus on Iraq rather than Afghanistan.” NBC Nightly News anchor Lester Holt admired Obama's need to walk on a “diplomatic and political tight rope, trying to balance his role as a U.S. Senator versus that of a presidential candidate” before heralding:
His words tonight are reverberating from the war fronts in Afghanistan and Iraq to the Pentagon.
“A startling new poll,” fill-in CBS Evening News anchor Russ Mitchell announced during the Friday, June 20 newscast, “Barack Obama now leads John McCain nationwide by 15 points, 51 to 36 percent. This according to Newsweek.” The next night, Saturday, June 21, ABC World News anchor David Muir pointed to “a new poll from Newsweek magazine that shows Barack Obama opening a 15-point lead over John McCain.”
Newsweek's Jonathan Darman failed to consider the inaccuracy of the earlier poll as he expressed his befuddlement on Friday with the slim 44 to 41 lead for Obama: “Perhaps most puzzling is how McCain could have gained traction in the past month.”
During the weekend's coverage of President Bush's trip to the G-8 Summit in Japan, ABC correspondents Martha Raddatz and John Cochran both reminded viewers of faux pas by the President from past G-8 Summits. On World News Saturday, while downplaying expectations of any significant accomplishments at the summit, Raddatz relayed: "In fairness, the G-8 rarely has created any breakthrough announcements. The most memorable moments had little to do with real news.
Thursday’s "Good Morning America" used the Fourth of July holiday to exaggerate the effects that food prices are having on consumers. In its "Hitting Home" segment, reporter Sharyn Alfonsi reported on the price increases of certain Fourth of July barbecue staples, claiming that "Americans are gonna eat 110 million pounds hot dogs and that could take a big bite out of their wallets."
On Friday's "Good Morning America," various ABC reporters fretted about the political implications of Barack Obama referring to a female reporter as "sweetie." GMA co-host Diane Sawyer nervously asked, "When do 'honey,' 'sweetie,' cross the line?" Guest host David Muir introduced an investigation into "the debate over what words we can use and can't use when we're talking to members of opposite sex."
To further examine the issue, GMA even dug up previous clips of the presidential candidate using what has become the other S-word. So, only two days after "Sweetie-Gate" broke, the morning show had already provided detail and background on the case. This stands in stark contrast to how GMA (and ABC in general) covered a much more serious subject, Obama's relationship with indicted political operative Tony Rezko, a man that raised money for the senator and was also involved in a questionable land deal related to the purchase of Obama's home in Chicago. In 2006 and 2007, ABC only mentioned Rezko once. Apparently Rezko and the senator's dealings don't measure up to the sweetie story.
I now skip breakfast to save the extra $4 per day. That gives me an extra $20 added to my gas budget.Muir proceeded to recite two less ridiculous complaints, a trucker upset about a 60 percent hike in diesel fuel over the past in two years and a woman who found a job that requires $110 a week in gas to commute 140 miles round trip.
On World News Saturday, during a story about young Israelis seeking to enjoy life in Tel Aviv to forget about the constant danger of terrorism, ABC's David Muir seemed to suggest that most Israeli cities could be described as relatively "militant" as he compared Tel Aviv to other cities: "Some have called it the 'Tel Aviv Bubble.' But not in a bad way.
ABC’s April 11 “World News with Charles Gibson” is showing they finally get it – ethanol production and high energy costs are causing food shortages worldwide.
“[P]rices are rising across
“Those biofuels are in fact a large part of the equation,” ABC correspondent David Muir added. “Many farmers around the world, who once grew wheat and rice, now grow corn and sugar cane instead, to produce ethanol a more lucrative market.”
On Saturday, NewsBusters asked, "Will Media Pounce on Hillary's Lie About Dead 'Uninsured' Pregnant Woman?
Hours later, ABC's "World News" certainly did, actually leading the program with yet another example of how candidate Clinton loves to play fast and loose with the facts when delivering stump speeches.
Anchor David Muir began the program:
On Friday's "Good Morning America," for the second day in a row, and the third time in a little over a week, the ABC program promoted the story of a transgendered man who is having a baby via artificial insemination. At no time did GMA feature any guest to challenge or question the psychological ramifications for a child who was born from a pregnant "father."
[Audio available here]
During the April 4 segment on the subject, GMA guest news anchor David Muir described Thomas Beatie's decision as "very controversial." One would assume that a controversial decision would have two sides to it. But over the course of three segments, totaling ten minutes and 16 seconds, the closest the network program got was on April 3, when psychologist Jeffrey Gardere mildly advised, "It really is incumbent upon this individual, his wife, to try to give this as much dignity as possible, to not make it a joke, to not make it that something that's cheap [sic]."