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Rainmon
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I invest in the USA equities, bonds & options market (covered calls/cash secured puts), Thai REIT's and Thai Short Term Corp/Gov Bond funds. See my new site PaulRainwater.webs.com (Thailand Condo & Property Investments). Expat from Texas living in Thailand 7 years. I owned and ran a... More
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  • Fox Blatent Bias Continues Airing "Lie To Me" Instead of the Obama Press Conference 0 comments
    Jul 23, 2009 4:23 AM | about stocks: NWSA

    Huffingtonpost.com NEW YORK — Fox became the first broadcast network to turn down a request by President Barack Obama for time, opting to show its drama "Lie to Me" on Wednesday instead of the president's prime-time news conference.

    Fox will direct viewers interested in the news conference to Fox News Channel and the Fox Business Network, which will both carry it. ABC, CBS, NBC, CNN, MSNBC and CNBC are all carrying the 8 p.m. EDT event, on Obama's 100th day in office.

    This will be Obama's third prime-time news conference as president, a schedule that has caused some private grumbling among network executives. Carrying a news conference costs the four broadcast networks an estimated $10 million-plus in lost advertising revenue.

    Yet with an economy in distress, two wars and now a swine flu outbreak, the pressure on networks to agree to Obama's request as a public service is enormous.

    Executives at Fox, owned by News Corp., would not comment on the decision Monday. It's not without precedent for the network; Fox didn't carry a prime-time speech by President George W. Bush in November 2001 despite a request from the White House.

    Stocks: NWSA
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