Risky Business


The Outfoxed gals are eager to smear Neil Cavuto, but they're going to have to do a better job covering their tracks. Updated! Lies on top of lies.

Were you aware that the stock market Thursday had its biggest gains in two years? It was the big story on all the business shows, but don't tell that to the newshounds (another fine product of the Outfoxed cabal). To newspup Melanie, reporting this news is all part of a vast Fox conspiracy:
After an introduction and the swooshes and bells of a "Biz Alert," [Neil] Cavuto tossed to Brenda Buttner....During [Megyn] McDowell's report, the banner at the bottom of the screen read: "Dow Soars 205 Points or 2%." After McDowell's report, Cavuto led a roundtable discussion with three guests....A few minutes later, after more bells, whistles, and swooshes and another "Biz Alert," Cavuto reviewed the closing numbers again. As he spoke, the numbers were prominently displayed on the screen. Comment: Fox was clearly able to get today's good news out to its viewers. Too bad it doesn't do the same when the news is bad...

A little further down the page we find more brilliant insights:
Fox wouldn't cover a down day in the DOW. The last 3 days of trading fell 100+ points and Fox avoided it. This is not a true business show, they are the economic mouth piece for the Bush administration. With that responsibility, you don't report any bad news in the market

It takes a great deal of robotic brainlessness to believe that a broadcast that doesn't cover the stock market when it goes down could somehow end up being the top-rated business news program in all of cable news. And it requires a special variety of newspoodle recklessness to hope that nobody will fact-check their swill before swallowing it. What happened on Wednesday, just one day earlier, when the market lost over 100 points? Luckily Melanie saw the broadcast, and was able to give a run-down of just how much differently Cavuto covered a down day:
After an introduction and the swooshes and bells of a "Biz Alert," Cavuto reported "This is a Fox Market Alert. Take a look at that top number there, beneath the colored number there. -113.50: how much we're down in the Industrials--barely hovering over the 10,000 level, a level that it had not been below since October 26 of last year....That could mean interest rates go still higher while stocks go still lower". During his report, the banner at the bottom of the screen read: "Dow Touches 10,000". A few minutes later, after more bells, whistles, and swooshes and another "Biz Alert," Cavuto reviewed the closing numbers again. As he spoke, the numbers were prominently displayed on the screen. Then, Cavuto led a roundtable discussion with three guests. Comment: Fox was clearly able to get today's bad news out to its viewers.



How odd. That doesn't sound at all like Fox "doesn't do the same when news is bad". That doesn't sound like Cavuto "avoided" reporting the falling market. The explanation is simple: even though everything in that description of Wednesday's broadcast is absolutely accurate, none of it was reported by mendacious Melanie. Her "report" on Wednesday's broadcast covered exactly 30 seconds of the program--the ad-libbed ending where Mr Cavuto promo'd Thursday's show. What about the multiple Biz Alerts announcing the bad market numbers? Not mentioned. The on-screen banners? Omitted. The roundtable discussion? Expunged. The numbers "prominently displayed on the screen"? Conveniently ignored.

Melanie saw Wednesday's broadcast and deliberately left all that out. But for today's show Melanie highlights all these elements, and then has the unmitigated gall to claim that Mr Cavuto "doesn't do the same when the news is bad". Melanie knows that is a lie. And now, so do you.

Update: When Friday's markets closed down 60 points, Melanie didn't even wait for Cavuto's show to finish airing. She rushed to publish a "report" on the program before it was even half over! And not surprisingly, it featured the usual assortment of half-truths and total lies:
The Dow gained over 200 points yesterday and Neil Cavuto, Fox's "king of business news," opened his show with a Fox "Biz Alert" and spent the first 24 minutes covering that news.

Thursday's Your World opened with the markets (possibly because it was, like, the biggest up day in two years), including several reports and a panel discussion. That took up ten minutes of the program. Following the first break, the topics changed to things like whether the Republican Party is not connecting, and some terrorism issues. So where did Melanie come up with the figure of 24 minutes? She made it up! (The technical term for that is: a lie.)
Today, the market closed down 60.89 points, and Cavuto opened his show with a Fox "Biz Alert" and spent 14 minutes covering news about the finger found in the bowl of chili at Wendy's.

What Melanie doesn't tell you is that Fox was airing the live press conference about the arrests made in that case. Just like CNN was. So CNN too was up to some devious trick by covering this live news event?
when the business news is good, Cavuto dives right into it. When it's bad, he doesn't.

Only a nincompoop would think that the biggest gain in two years should be covered exactly the same as a 60 point drop. But we've already proved that theory to be false--Wednesday Cavuto "dived right into" the bad market numbers, numbers much worse than Friday's. (Why tell such obvious, transparent lies?) Here are some facts Melanie doesn't want you to know. Far from avoiding the Friday market news, Cavuto's program included not one, not two, but three roundtable discussions on the market numbers. In fact, Friday's program spent much more time on the markets than did the Thursday coverage Melanie painted as excessive.

Lies on top of lies.


posted: Fri - April 22, 2005 at 12:49 AM       j$p  send 

Ira
Not only Neil Cavuto, but last Friday which was the last bad day of an awful week on Wall Street, guest host Stuart Varney kicked off the show with a report from Degan McDowell (which had to be cut short because of sound problems) and then a 10-minute panel. 
 
To say that Cavuto and Company look the other way when the market tanks is a bold faced lie!
 
Ira
April 22, 2005, 12:09:05 PM EDT – Like – Reply


EmptyD
You really ought to make it clear that the "brilliant insights" that are "a little further down the page" is from a comment by another user, not by Melanie. As your article currently parses, it seems like you are attributing the paragraph to Melanie.
April 22, 2005, 1:07:14 PM EDT – Like – Reply


EmptyD
I am referring to this quote, specifically:
 
Fox wouldn't cover a down day in the DOW. The last 3 days of trading fell 100+ points and Fox avoided it. This is not a true business show, they are the economic mouth piece for the Bush administration. With that responsibility, you don't report any bad news in the market
April 22, 2005, 1:08:44 PM EDT – Like – Reply


johnny dollar
When I say Melanie said something, that's what I mean. When I quote somebody else and wonder at how gullible they can be to buy what Melanie is selling, THAT's what I mean.
 
You're right that the second quote is a user comment; I never denied that it was. And the fact remains that both Melanie and the user were, and are, severely truth-challenged.
April 22, 2005, 4:30:47 PM EDT – Like – Reply


Mike
Talk about "severely truth-challenged" - here is a comment by one of their "legion of intelligent and perceptive readers" on President Bush nominating Marine General Peter Pace to be chairman of the Joint Chiefs of Staff:
 
"I just heard Bush on TV a little while ago announcing the Marine he's appointing to some position."
- john t
April 22, 2005, 4:57:35 PM EDT – Like – Reply


Mike
Another of newshounds' "legion of intelligent and perceptive readers" said that the coverage of the market drop in the second half-hour is only "incidental fluff":
 
"The purpose of NH is to report how Fox is biased, not to give them total replay of the incidental fluff..."
- the fabulous Kent Brockman
April 22, 2005, 5:30:47 PM EDT – Like – Reply


Mike
Melanie is good at side-stepping the truth. Consider this colloquy in the comments on today's story:
 
> Wednesday, when the closing numbers were far worse than today, Cavuto opened with two segments on the new bankruptcy law. 
- Posted by: Melanie at April 22, 2005
 
> Actually, Melanie, on Wednesday the program opened with a "Biz Alert" (with all the swooshes and bells) on the market downturn, not the bankruptcy law.
- Posted by: corno di bassetto at April 22, 2005
 
> corno di bassetto: Maybe sometime we can have a discussion about what constitutes "opening the show," (is it the first few seconds or is it the first main story...)
-Posted by: Melanie at April 22, 2005
 
It seems she forgot that she considers an alert to constitute "opening the show":
 
> The show opened with a full fledged FOX NEWS ALERT.
- "Polls, Polls & More Polls": Reported by Melanie at October 29, 2004
April 22, 2005, 6:53:24 PM EDT – Like – Reply


john t
Hey Mickey, if your going to post a comment made by somebody post the whole comment. Looooooser.
April 22, 2005, 10:30:18 PM EDT – Like – Reply


Mike
john t:
 
You have been around the newshounds site too long. You are around rational, intelligent people here and grammatically incorrect one-line drive-by comments followed by childish name-calling don't impress anyone but your newshounds friends.
 
For your comment to be effective, you should (1) identify which post you are referencing, (2) identify the omitted portion of the quote that is relevant, and (3) explain briefly why the omission is misleading.
 
Otherwise, "your" the loser.
April 23, 2005, 1:10:25 AM EDT – Like – Reply


john t
Yes Mickey. When Bush made the comment about the Marine he said "Marine is shorthand for can do". That was the rest of my comment. Now you tell me what was so intelligent about that. Since you are the rational intelligent person you are.
April 23, 2005, 1:22:35 AM EDT – Like – Reply


john t
I mean shorthand is supposed to shorten something. Marine(6 letters), can do (5 letters). Figure it out Mickey. Your the intelligent one.
April 23, 2005, 1:26:23 AM EDT – Like – Reply


johnny dollar
Um, we're getting slightly off topic here, guys.
April 23, 2005, 2:06:15 AM EDT – Like – Reply