BMI's Dan Gainor has the following column on Tax Day and Tea Parties up on the Fox Forum:
When you want tea, you bring water to a boil. When you want genuine change, you do the same thing to the American public.
Right now, that public is boiling mad and, with April 15 around the corner, the most important thing brewing is tax protest. For every state in the nation, this tea’s for you.
Lucky for us, our cups runneth over. The nationwide Tax Day Tea Party movement is building incredible steam with an event on the day most Americans dread – April 15. It’s an H&R Block Party to take back our government from people who couldn’t manage the budget of a Kwik-E-Mart.
Business and Media Institute's Dan Gainor appeared on Fox Business News "Money for Breakfast" March 17 to discuss the Obama economic team's performance in the administration's first 50 days.
Gainor dubbed Treasury Secretary Tim Geithner "the worst" because "when he came out and talked about the housing plan that he didn't have, the markets tanked."
Ben Bernanke, Federal Reserve Chairman, earned a "B-minus," partly because "he showed his strength on Sunday" during a "60 Minutes" interview. Director of the White House's National Economic Council Larry Summers received a "C grade" for being "not great, not horrible."
Business & Media Institute's Dan Gainor appeared on "Fox & Friends," Jan. 12 to discuss why, with trillions of dollars, millions of jobs, and the future of our economic system on the line, the mainstream media won't ask Obama tough questions on his stimulus plan.
Given the media favoritism for Barack Obama during the campaign, Gainor said, "So, it's no surprise that they're not asking him tough questions [about the stimulus package]."
"Fox & Friends" co-host Steve Doocy specifically asked Gainor about Obama's expanding promise to create 4 million new jobs.
Vice President for the Business & Media Institute, Dan Gainor, spoke with Gretchen Carlson, host of "America's News HQ," about the decline of media and particularly newspapers.
"The model for media in general is not working. We had a great model for a long time for networks, great model for print, nobody's been able to come up with a way to deal with the internet and make a ton of cash just yet," Gainor said on the Fox News broadcast Dec. 9.
Gainor noted the advertising troubles of print media in particular -- advertising is down 9 percent.
"So you've got newspapers around the country shedding jobs. They predicted 43,000 newspaper jobs lost in the last couple years. That's devastating an industry," Gainor said.
The term “Fairness Doctrine” – applied to liberals’ efforts to require talk radio to offer balanced views – harkens to Soviet propaganda, according to Business & Media Institute Vice President Dan Gainor.
“It’s one of the great misnomers of our time. It’s, you know, ‘Fairness Doctrine,’ almost like a Soviet term,” Gainor said on “Fox & Friends Weekend” Nov. 9. “It should be Censorship Doctrine. That’s what they’re trying to do.”
“They’re trying to clamp down on radio because the left and the media control every other facet of where we get our information: entertainment media, print media, you know you’ve got TV, you’ve got NPR, you’ve got Air America,” Gainor said. “The one thing they don’t control, the one way Americans get their information is talk radio.”
Several high-profile Democrats in Congress have expressed interest in revisiting the so-called Fairness Doctrine – although President-elect Obama has said he opposes it.
The first term of President Barack Obama will bring nationalized health care, attacks on the coal industry, higher government spending and higher taxes, according to Business & Media Institute Vice President Dan Gainor.
On “Fox & Friends” Nov. 6, Gainor highlighted BMI’s most recent Special Report, America 2012, a look at what some of Obama’s major policies proposals will do to the American economy and to Americans’ wallets. The report also examines how the media promoted liberal, big-government proposals throughout the 2008 presidential campaign.
Gainor told viewers the commonly reported number of some 47 million uninsured Americans is “wildly wrong. They [both presidential candidates and the media] were claming 47 million people without insurance, the number probably closer to eight to 15. You don’t have as much of a problem if you’re pushing that.”
Obama will “try to put forth the plan for nationalized health care that the media have been supporting throughout the campaign,” Gainor said. But during the campaign, the media failed to examine the cost of Obama’s proposal, which some estimates put as high as $452 billion, Gainor added.
The broadcast networks exhibited gross mismanagement in their coverage of Fannie Mae and Freddie Mac, the government-sponsored mortgage powerhouses now in need of a $25-billion government rescue.
"It's partially a bias and partially just sort of gross mismanagement on their part," Business & Media Institute Vice President Dan Gainor said on CBN's "Newswatch" July 30. "All they had to do was pick up a Wall Street Journal. You know people at the network news shows read the Wall Street Journal at least sometimes. The Journal's been on this case since February 2002 when they had a piece headline, ‘Fannie Mae Enron?'"
The networks - ABC, CBS and NBC - ignored six years of concerns about the two companies' management, Gainor wrote July 28.
"The combination of stock losses, government fines and proposed bailout comes close to $150 billion," he wrote. "It's a huge story largely ignored by network news until a taxpayer bailout was almost guaranteed."
But the networks were more interested in attacking private companies with Enron comparisons than likening Fannie and Freddie to the infamous corporate debacle.
A proposal in California to require emissions-rating stickers on new cars is another example of "government overreach," according to Business & Media Institute Vice President Dan Gainor.
Gainor told "America's Election HQ" host E.D. Hill on Fox News Channel July 7 that California's decision could affect other parts of the country because of its influence on environmental policies.
"California already affects the nation," he said. "At least 12 states copy their environmental regulations. California has the highest [gas] taxes at 75 cents a gallon and the second-highest overall cost of gas," Gainor noted.
While print media and cable news channels are all over the "sweetheart" mortgage deals given to two Democratic U.S. senators, network news shows on ABC, CBS and NBC are keeping mum even though the scandal involves one of their favorite targets: Countrywide.
"This is a huge story ever since Portfolio magazine broke with this story. Print media outlets have covered it, Wall Street Journal, Washington Post, the cable networks are there," Business & Media Institute Vice President Dan Gainor told "Fox & Friends" June 20. "And then you look at the evening news shows: they're non-existent."
Media coverage of the economy in recent months should make journalists wonder what kind of job they're doing, according to Business & Media Institute Vice President Dan Gainor.
"‘If it bleeds it leads' has always been one theory. That only works up to a point," Gainor told Fox Business Network host Neil Cavuto June 2. "When you are actually spinning the results so much so that they're more negative than the worst economic time period in American history, well then you really have to sit back and think, ‘Maybe we're just doing this wrong.'"
The news media have covered recent economic trials with four times as much negativity as they covered the worst economic period in the nation's history - the Great Depression - a new study from the Business & Media Institute shows.
"They were four times more negative during the Bear Stearns buyout than the worst economic couple days in our country's history," BMI Vice President Dan Gainor said on "Fox & Friends" May 27, announcing the release of the new study, "The Great Media Depression."
Dan Gainor, Vice President for the Business & Media Institute, blamed part of people's gloomy perception of the economy on the "constant drumbeat" of negativity coming from the news media. Gainor appeared on Fox Business Network's "Cavuto" May 20.
"Almost 23 million people watch evening news every night. That has an affect and that's almost 1/10 of the American population. Those are people who are shoppers, who are buyers. It affects people and just the constant drumbeat of negativity here from the mainstream media affects people even at high incomes," said Gainor.
The show's host Neil Cavuto seemed to agree, "If this continues and this perception becomes reality, we've got hell to pay to here."
Gainor told viewers of the Saturday morning broadcast April 19, "Time magazine basically tried to co-op an icon of American heroism to push their global warming agenda. They're trying to claim that their war against global warming is similar to what our veterans endured during WWII."
He went on to say that there were 28,000 casualties and more than 6,000 people killed at Iwo Jima, exclaiming, "That's real war."
The news media contribute to the American public's pessimism about the economy, Business & Media Institute Vice President Dan Gainor wrote in Investor's Business Daily April 4.
"Major downturns aren't just caused by economic circumstances anymore. The news media will have done their best to help it along with years of negativity," Gainor wrote. "They've succeeded in part already. The March 18 USA Today reported a Gallup poll showing that 59 percent of Americans thinking a depression ‘lasting several years' is ‘likely, and 79 percent are worried about the possibility.'"
The three broadcast network news shows compared current economic conditions to the Great Depression more than two dozen times since the beginning of 2008. "Gallup simply heard people parrot what they were told," Gainor said.
He compared media coverage of the economy to advertising's effect on the public's buying habits and called out a Washington Post columnist who went so far as to say that "the best thing that could happen to our economy is for a dozen high-profile hedge funds to collapse; for investment banking to enter a long, deep freeze; for a major bank to fail."
Business & Media Institute Vice President Dan Gainor told the Fox Business Network on April 4 that the government might be intervening too much in the financial markets to address credit problems, and he criticized the media for failing to cover both sides fairly.
"The networks are not portraying at all the other point which is: maybe we're using too much government intervention. Maybe we're using too much regulation," Gainor said. "Instead they're using the worst-case scenario reporting" to support government intervention.
Business & Media Institute Vice President Dan Gainor told viewers of the Fox Business Network that stewardship of the environment "doesn't mean you have to embrace every bit of global warming lunacy that comes down the pike."
In his March 6 appearance, Gainor discussed BMI's new report, "Global Warming Censored," showed that network news shows routinely shut out debate on climate issues, even from scientists' perspectives. In fact, in 80 percent of the stories studied an alternate viewpoint wasn't even mentioned.
And when network news shows did feature dissenting views, those people were often branded as "deniers" or "flat Earthers." Scott Pelley, a reporter for CBS, continued to report on climate change for that network despite his 2006 comparison of global warming skeptics to Holocaust deniers.
BMI Vice President Dan Gainor took to the Fox Business Network Thursday to explain the difference between "depression," "recession" and "slow growth," terms the mainstream media has blurred.
Economists "don't even agree that we're in a recession yet," Gainor said. "But then if you watch the network news shows, we're already up to eight times this year - that's once a week where they've made a comparison to the Great Depression."
Vice President of the Business & Media Institute Dan Gainor outlined the media's failure in covering consumer confidence numbers in a February 15 appearance on the Fox Business Network.
"What we're talking about, instead of consumer confidence, we're talking about media competence," Gainor said. "Last year, July was the six-year high for consumer confidence and yet if you watch any one of the three network news shows, evening news shows, you didn't see it."
In an appearance on the Fox Business Network February 8, Business & Media Institute Vice President Dan Gainor criticized the media's refusal to fully report the costs associated with campaign promises being made by presidential candidates.
"You would actually think the media had talked about how much it's going to cost," Gainor said of the hundreds of billions of dollars in new spending promised by the candidates. "And in fact it's quite the opposite."
Aside from some coverage of Sen. Hillary Clinton's massive universal health care coverage proposal, much of her $217 billion in promises has gone unreported. The same goes for Sen. Barack Obama, who leads all candidates with $287 billion in new proposals, according to estimates from the National Taxpayers Union Foundation.
Business & Media Institute Director Dan Gainor appeared on the Fox Business Network January 31 to discuss reasons why The New York Times Company (NYSE: NYT) revenue numbers decreased recently - saying that its product is the problem.
"People have lost confidence in the media according to most studies...Most Americans understand that the...mainstream media are overwhelmingly liberal, overwhelming out of touch with a lot of their issues," Gainor said.
Gainor cited an instance where the Times was ran a story about veterans being more violent when they come back to the United States - turning "anecdotes into a loosely connected story and when you do that you alienate readers. They're the people that the Times work for. Journalists forget that."
Business & Media Institute Director Dan Gainor appeared on the Fox Business Network December 21, 2007, to discuss the media's coverage of the economy. Full of Christmas spirit, Gainor had kind words for two mainstream reporters.
"Even in the mainstream media there are people who get it. Looking back this year one of the big stars whose improvement was surprising is CNN's Ali Velshi who delivers a much calmer look," Gainor said.
"It's nice to see somebody out there saying, ‘Oh, actually the markets aren't really doing that bad," he said, praising ABC's Bianna Golodryga. The "Good Morning America" reporter received high marks for balanced coverage of the stock market.
Business & Media Institute Director Dan Gainor appeared on the Fox Business Network December 6 to discuss how the media is choosing sides in the subprime housing problem.
"All throughout this whole year and actually if you go back in the last year and before [the media] have been pointing out that the lenders are the bad guys...CBS News who actually did an okay report last night, then the example they use is someone who has a 6.6% adjustable rate adjusting up to 9.6%, they've got a house the size of a mansion and they've got horses."
Gainor said the important thing that journalists fail to do is to get both the lenders and the home buyer's viewpoints.
Just in time for Thanksgiving, BMI Director Dan Gainor stopped by ‘Fox and Friends' to remind everyone that the economy is not as bad as people think, and that despite what the media said about your Thanksgiving dinner, it wasn't that bad.
"If you look at the inflation-adjusted number, it [Thanksgiving dinner] is actually 9 percent cheaper over the last 20 years," Gainor said.
Business & Media Institute director Dan Gainor appeared on ‘Fox Business Live' November 15 to discuss the media's focus on the negative parts of the economy. Two of the networks, NBC and CBS led with positive news of the year's second best day of the year, but then focused on high gas prices this week.
"It goes beyond ‘it bleeds, it leads.' This is a consistent theme we've been watching for several years...Any time you have any sort of negative news they hype that and any sort of positive news, they undercut it," said Gainor.
Is it time for more businesses to ‘go green'? Not so fast, says Director of the Business & Media Institute Dan Gainor.
Gainor appeared on CNBC's "Power Lunch" November 9 to discuss business investment in green products, a popular story on many news programs.
"The problem is companies are spending tons of green, going green...for some things, Wal-Mart has found some solutions that make a lot of sense, but then you look at Fed-Ex, they found that just going to hybrid trucks...were 75% more expensive," said Gainor.
Business & Media Institute Director Dan Gainor appeared on the Fox Business Network October 25 to talk about business contributions to victims of the Southern California wildfires:
Every time there's a disaster, when we had Katrina and now with this disaster - [Businesses] immediately take out all the stops. Already I've seen at least $4 million contributed from charity from Wal-Mart, from Bank of America, from Disney, from Target, the business community steps up right away. When we had Katrina, there was like $70 million contributed within days ... and almost no coverage at all.
A few might be starting to catch on - CNN did mention contributions of Home Depot, MasterCard, Verizon, Sprint and Wells Fargo on the October 26 "American Morning."
Dan Gainor, director of the MRC’s Business & Media Institute, appeared today on the new Fox Business channel. During the 3 o’clock hour of ‘Fox Business Live,’ Gainor contributed to the discussion of the media’s recent economic coverage on a segment called ‘Blasting Biz .’
On the eve of the 20th anniversary of Black Monday, Live’s anchor, David Asman, probed Gainor on why, despite a rising stock market, networks are still reporting all the bad news.
Business & Media Institute director Dan Gainor appeared on "Fox and Friends" this morning to talk about a blog posting by Freakanomics blogger Steven D. Levitt that asked, "If You Were a Terrorist, How Would You Attack?"
"This from the media right after they were criticizing how Rupert Murdoch might run The Wall Street Journal. Why doesn't anyone in the mainstream media criticize how The New York Times is run by Arthur Sulzberger," Gainor told Fox News Channel viewers.
Gainor also pointed out that Levitt was trying, "to get as much possible press...and The New York Times is loving it."