FYI...
 
----- Original Message -----
*********MediaNomics, Friday April 7, 2000********************
 
The latest issue of the Free Market Project's regular newsletter, MediaNomics, is now available on the Media Research Center web site, www.mediaresearch.org, with three new stories:

TV Reporters Aghast at Stock Slide, but Not At Government Prosecution of Microsoft

After Tuesday's market turmoil, the network evening newscasts tried to explain the frenzied selling by pointing to the usual suspects: inflated stock values, margin calls, uncertainty over the Federal Reserve’s next action. Only one correspondent — CNBC’s Ron Insana — pointed to the government’s pursuit of Microsoft as a cause for the plunge in prices, even though the selling had obviously accelerated after negotiations between the company and government lawyers failed over the weekend.

http://www.mediaresearch.org/fmp/medianomics/2000/mn040700.html

Media Mavens Are Mum on Potential IRA Changes

If you listen to the media, it’s a "national calamity" that Americans don’t save enough of their income for their retirement years. Last month, a bipartisan group of congressmen proposed boosting the amount individuals can set aside in tax-deductable retirement accounts — but, in spite of their professed worry about national savings rates, the media have generally failed to report the story.

http://www.mediaresearch.org/fmp/medianomics/2000/mn20000407b.html

Kudos... to CNN’s Brooks Jackson

Among the media’s most enduring myths is the one about how Ronald Reagan’s 1981 across-the-board tax cuts shifted more of the burden of paying federal income taxes to the middle class. CNN’s Brooks Jackson showed that the rich pay a far greater share of the nation’s taxes now than they were when Reagan took office, even though the top tax rates are far lower than they were 20 years ago.

http://www.mediaresearch.org/fmp/medianomics/2000/mn040700k.html

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