Dan Gainor, vice president of the Business and Media Institute, said on Fox Business Network that the media always hype negative economic stories so they can knock them down. It's like the carnival game Whack-A-Mole.
Democratic presidential candidate Barack Obama said on NBC's "Meet The Press" on May 4 that any windfall profits tax on oil companies should be spent on "clean energy," not to cover a cut in the federal gas tax.
Democratic presidential candidate Hillary Clinton alleged on ABC's "This Week" that oil companies are engaging in "market manipulation" to collect huge profits and should have to pay a windfall profits tax.
The Biz Flog for May 21 examines the media's coverage of President Raul Castro's reforms in Cuba.
In a report on federal cancer funding, the CBS "Evening News" implied that the government has been providing less funding. But overall cancer funding has increased, according to the National Cancer Institute.
On CNN's "American Morning," businessman investment icon Warren Buffet said he prefers Barack Obama to Hillary Clinton for the Democratic presidential nomination.
CBS' "Evening News" aired a negative report on the makers of flame-retardant products because of the polybrominated diphenyl ethers within them.
CBS's "Evening News" took a jab at the baseball bat industry for possibly dangerous aluminum bats.
NBC's "Nightly News" reported on the declining circus industry in Cuba, forgetting to note the particulars of the Cuban econonmy.
ABC's "Good Morning America" predicted on May 15 that gas prices are only going to get higher.