A Comment About

Is the Associated Press Good for America?

May 18, 2008 - 12:00 am - by Steve Boriss
The_Edge
2008-05-18 23:25:42

The most egregious example of the MSM/AP manipulation is the housing and economic crisis. Knowing that an economic crisis could offset the success of the Surge strategy in Iraq, the MSM mavens begin hysterically ranting about the impending collapse of our economy all based on a rise from under 1% of mortgages going into default to a whopping 2.8%. So, let’s ignore the fact that 97.2% of mortgages are solid, and just continue to rant about the 300% increase in defaulted mortgages. To continue with the hysteria, the MSM also began to slam the general economy, ignoring the fact that jobless claims dropped, and that any comparison from five years ago shows that NASDAQ, S&P 500, DOW, NYSE, and Russell 3000 are all up. Yes, they are down slightly from record highs, but hugely up against the five year run. But since the AP and the rest of the MSM are simply an appendage of the DNC, a crisis needed to be manufactured and the lies began. What is worse, is that there seems to be a majority in the great unwashed that actually believes the lies that they are fed.