While the early February market pullback has spooked some investors and already gained plenty of media attention, it illustrated all too well the broadcast networks’ tendency to cover bad economic news more than good. The networks skipped the vast majority of records as the market climbed throughout 2017 and the beginning of 2018.
In the immortal words of the late, great Ronald Reagan, there you go again, Superior Donuts. This time, the extremely liberal show that seeks to teach leftist lessons to its audience every week, claimed that Obama is the first and last black president because white people “gave us one just to shut us up,” then got “so mad at having a black president that they elected an orange one.”
With the liberal media joining Democrats in the ongoing battle to save DACA and for no border wall, CBS and NBC ignored the killing of Indianapolis Colts linebacker Edwin Jackson at the hands of a drunk-driving illegal immigrant during their popular morning and evening shows Monday. Instead, CBS Evening News hyped Space X launching a Tesla Roadster into space and NBC Nightly News whined about how cold the WINTER Olympics were going to be.
The Dow Jones Industrial Average closed Monday roughly 1,100 points down after dropping by nearly 1,600. The percentage lost was not record-setting, but that didn’t stop the liberal media from slapping President Trump with it since he often touted the markets as a sign his policies were working. The Big Three networks led their evening newscasts with the story. NBC’s stood out as the most panicked and while CBS aimed to quell fears, they also knocked Trump for not noting it in a speech about tax cuts.
All three networks on Monday broke in with special reports that the stock market plummeted over 1000 points. Yet, it was ABC that spun the bad news as time for Donald Trump to take ownership of the stock market. NBC, which hasn’t exactly promoted the idea that Trump had anything to do with last year’s gains, chided, “In the past, presidents have tried to shy away for taking too much credit for stock market games because on the flip side there's the possibility you own the losses too.”
“Just because it’s biased, doesn’t mean it’s not true.” That was the assessment from Good Morning America journalists and analysts on Saturday while discussing the intelligence memo released on Friday. Guest Matt Dowd touted the already tired “Al Capone vault” comparison.
When the Dow Jones Industrial Average “nosedived” by nearly 666 points on Feb. 2, it got plenty of network attention. In fact, it got more coverage than the two huge Dow milestones that preceded it — combined.
Although that one-day selloff was a 2.5 percent drop which followed huge gains, the networks emphasized the “worst week for stocks in two years.” ABC World News Tonight with David Muir, NBC Nightly News and CBS Evening News spent a combined 251 seconds on Feb. 2, covering the markets. Those same three shows spent about 33 percent more time on the selloff than on two major milestones during the prolonged stock market rally.
Nikki Haley didn’t complain about the liberal lectures during the recent Golden Globe Awards. Nor did the U.S. Ambassador to the U.N. whine about the SAG Awards or last year’s Academy Awards gala. Each event dripped with progressive politics. Haley remained silent. She doesn’t engage with liberal stars like her boss, President Donald Trump, frequently does.
During a friendly interview with Democratic Congressman Adam Schiff on Friday’s CBS This Morning, co-host Norah O’Donnell teed up the liberal lawmaker to trash the upcoming release of a Republican memo alleging an abuse of the FISA system against the Trump campaign in 2016. She claimed the document in question would only show the GOP’s “profound ignorance.”
Since the House Intelligence Committee, chaired by Congressman Devin Nunes (R-Calif.), voted on Monday to release a memo detailing alleged misconduct and legal abuses by the FBI, the three major broadcast networks (ABC, CBS, and NBC) have been acting like the mouthpiece for the Democratic Party. Between January 29, when the vote was held, and February 1, the networks dedicated roughly three and a half times the coverage to worries about releasing the memo than the allegations against the FBI than its purported contents.
All three networks on Thursday hyped the “escalating” fight over a “controversial,” “bombshell” memo set to be released alleging surveillance abuses. ABC’s Good Morning America touted Democratic “outrage.” At the same time this story developed, ABC and NBC ignored what should be big news: The revelation that the FBI in 2016 waited a month before telling Congress of additional Hillary Clinton e-mails.
The corruption saga of Democratic Senator Bob Menendez (N.J.) appeared to have come to an end after federal prosecutors announced on Wednesday that they would not be seeking a retrial following the mistrial back in November. And while the major three network news outlets (ABC, CBS, and NBC) sparsely covered the case during their morning and evening newscasts as the trial was proceeding, their coverage of the Justice Department’s decision was just as lackluster.