You might think that the three major networks would look favorably upon the Dow Jones Industrial Average (DJIA) breaking through the symbolic 10,000 mark. After all, it they could use it as an opportunity to spin the news as a victory for Barack Obama and his economic policies.

But that wasn't the case. Instead ABC, CBS and NBC used the occasion to point out that the rich on Wall Street are getting bonuses for the performance of the stock market, while others across the country are suffering.

"Now, if an economic recovery is under way, not everyone is sharing in it equally," "CBS Evening News" anchor Katie Couric said. "Pick up today's Wall Street Journal and you'll read banks and securities firms are on track to pay their employees record amounts this year. And, you pick up The New York Times and you'll see some workers are being forced to take huge pay cuts."

Trying to boost the rationale for ObamaCare, Thursday's CBS Evening News ran two stories from far-left sources, but the network disguised the agenda behind both. Katie Couric announced that “while the debate goes on over the cost of insuring everyone, a new study reveals the cost of not doing it. The Harvard study says nearly 45,000 American deaths every year are linked to a lack of insurance.” Neither she, nor reporter Jim Axelrod, noted that the report was really produced by Physicians for a National Health Program, “the only national physician organization in the United States dedicated exclusively to implementing a single-payer national health program.”

Next, Nancy Cordes touted “a rare sight – leaders from the nation's largest insurers sitting down to get grilled,” without pointing out it occurred at a hearing held by the Domestic Policy subcommittee of the House's Committee on Oversight and Government Reform, a subcommittee chaired by far-left former presidential candidate Dennis Kucinich.

At the end of Thursday’s CBS Evening News correspondent Chip Reid reported important breaking news about President Obama's graying hair: "...the rate at which President Obama is adding salt to his pepper is what’s surprising, even if his inner circle says ‘no big deal.’" Axelrod observed: "The gray seemed to be on him from the moment he took the oath. There was talk during the campaign that maybe he was dying his hair gray to look more seasoned, but his barber says bunk." He later concluded the report by declaring: "If there's any consolation for Mr. Obama, it's that gray equals gravitas, and a president can never have too much of that."

Perhaps a good example of the President’s "gravitas" would be the gift he gave to British Prime Minister Gordon Brown during a diplomatic visit this week: a 25-DVD box set, including such films as E.T., The Wizard of Oz, and Star Wars. So far, neither CBS nor any of the networks or cable channels have covered this Obama gaffe.  

What's another $25 billion between taxpayers? Not much, according to the July 23 "CBS Evening News."

The massive housing bailout bill, meant to prop up beleaguered government-sponsored enterprises Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) and help homeowners refinance adjustable rate mortgages, was praised in a segment on the CBS broadcast. It passed in the House July 23 and won't face resistance from President Bush.

"This afternoon, the House passed a bill that throws an estimated $25-billion lifeline to Freddie Mac and Fannie Mae - the backbone of the home mortgage industry," CBS chief White House correspondent Jim Axelrod said. "The bill makes it easier for both to raise unlimited capital from the government if needed and would allow hundreds of thousands of homeowners to refinance rather than face foreclosure."

On Monday’s CBS "Evening News" anchor Katie Couric teased an upcoming segment remembering controversial comedian George Carlin: "...he was a comedy legend who made us laugh and think." During the segment, correspondent Jim Axelrod followed the same theme: "George Carlin made lots of us laugh...But his genius was making us think." Immediately following that observation a clip was played of Carlin declaring: "This country was founded by a group of slave owners who told us that all men are created equal. That is what's known as being stunningly, stunningly full of [expletive]."

Later in the segment, Axelrod again praised Carlin: " But what Carlin loved best was using irreverence to force us to re-exam what we'd long stopped thinking about." That statement was followed by Carlin ranting: "Here's another question I have: How come when it's us it's an abortion and when it's a chicken it's an omelet? Are we so much better than chickens all of a sudden?" One wonders, when Couric and Axelrod say Carlin "made us think," who exactly is "us"?

On Thursday’s CBS "Early Show," co-host Harry Smith interviewed former Bush Administration advisor Dan Bartlett about Scott McClellan’s memoir and suggested that McClellan’s harsh criticism: "...actually confirms what a lot of people have come to believe, though, about the Bush Administration, that truth was secondary to policy and politics." On Wednesday, CNN’s John Roberts made a similar observation about the book.

In a report prior to Smith’s interview with Barlett, correspondent Jim Axelrod wondered: "So why would Scott McClellan write a book bound to cut him off from so many old friends?" Axelrod answered his question by playing a clip of former Clinton White House press secretary, Joe Lockhart: "It's setting the record straight, not taking the fall for things he didn't do, not looking like the patsy, but also there -- it strikes me that there's some -- there's some conviction in here that there's information that the public should have had they didn't have and somebody had to tell this story."

President Bush is holding a press conference on the U.S. economy. I'll be blogging the questions to the president below.

Video of Bush/Raddatz clash here (audio available here).

Video of Stolberg and Ryan on recession here (audio here)

My bottom line analysis (11:25): The two R's of bias from this Rose Garden presser: Martha Raddatz on Syria and numerous reporters on the dreaded R-word, recession. Of course a recession is two consecutive quarters of NEGATIVE economic growth, and we've yet to see one quarter of negative growth, much less two. But all the same, NY Times's Stolberg made it sound like Q1 numbers on GDP tomorrow will show a recession.

The questions below will be posted in reverse chronological order:

Barack Obama's pastor, Reverend Jeremiah Wright, suggested in an interview with Bill Moyers that Obama agreed with his comments which stirred a furor in March, but instead of framing their stories around evidence Obama may be in sync with Wright's paranoid and America-hating rants, the network evening newscasts on Thursday stressed Wright's claim his sermons were unfairly distorted.

CBS's Jim Axelrod relayed how Wright asserted “parts of his sermons were publicized by Obama's opponents to damage Obama, but that they fundamentally misrepresented Wright's ministry and Wright himself.” NBC anchor Brian Williams related how “Wright says he does not think he's been treated fairly,” before reporter Andrea Mitchell began with Wright's insistence “his sermons were taken out of context to hurt Barack Obama.” Leading into a soundbite from Washington Post editorial writer Jonathan Capehart, who in March hailed Obama's speech on race as “a very important gift the Senator has given the country,” Mitchell asserted “some analysts agree that Wright was taken out of context.”

Advice to Camp Clinton: if it's not too late, remove all sharp objects before viewing the tape of this morning's Early Show. The CBS program served up a thorough trashing of Hillary's debate performance, capped by the unkindest cut of all from a Dem/MSM perspective: analogizing Hillary to Bill Cunningham, whose tough talk about Barack Obama in introducing John McCain yesterday prompted the Arizona senator to disassociate himself from the conservative radio talk show host.

CBS White House correspondent kicked off the avalanche of bad press for Hillary by offering this debate review:

JIM AXELROD: Clinton tried new ways to knock him off stride . . . But Obama seemed to slip nearly every thing she threw at him . . . Obama had the easier job than Clinton. All he had to do was avoid a major gaffe. And it what may very well be the last debate of this campaign, he seemed to handle that job breaking very little sweat.

At the top of Tuesday’s CBS "Early Show," co-host Harry Smith teased upcoming coverage of a photo of Barack Obama in Somalian dress: "Heading into the final debate tonight. Obama, the target of a photographic smear." Compare that to how Smith introduced a New York Times hit piece against John McCain last week: "This bombshell report that Republican front-runner John McCain may have had a romantic relationship with a lobbyist who was a visitor to his office and traveled with him on a client's corporate jet."

Later on Tuesday’s segment, reporter Jim Axelrod described the Obama campaign’s reaction to the photo: "His campaign says Clinton staffers put it out and that that's shameful." Smith then asked Axelrod about the photo:

SMITH: Jim here's the thing though, because it ends up on the front page of so many papers all around the country. Here is this morning's New York Daily News. It's on the Post too. Why is the Obama campaign so upset about the picture?

Michelle Obama proclaimed that “for the first time in my adult life, I am proud of my country,” but instead of putting the burden on the Obama campaign to defend her admission of a lack of pride in her nation, NBC on Tuesday night framed its coverage around Cindy McCain's “rhetoric” in issuing a “political jab” over the remark and concern over whether that “was a knock at Michelle Obama?” But at least NBC highlighted the comment from Monday. ABC's World News didn't utter a word about it while CBS's Jim Axelrod pointed out how the Obama “campaign says don't slice apart the quote to infer she's not a patriot.”

NBC Nightly News anchor Brian Williams set up the story: “For the Republicans, the rhetoric today was also largely about words. And today it involved the wife of the frontrunner, Cindy McCain.” Kelly O'Donnell relayed how “the most memorable political jab of the day did not come” from John McCain but from Cindy McCain who declared “I'm proud of my country.” O'Donnell treated that as an attack which required justification: “Asked directly if this was a knock at Michelle Obama, John McCain steered clear.”

I'll be live-blogging the press conference (mostly just the questions from the journalists as we're focused on the bias) and if a video update is warranted, we'll post one shortly after the conference concludes:

10:44 closes press conference, leaves podium.

10:41: Mark Silva, Chicago Tribune, says reading Bush's body language he can tell he's "somewhat dispirited." Then he says "the facts have failed you" on things he's telling the American people. Quotes Harry Reid. "Are you feeling troubled... credibility gap?"

10:37: unid'd reporter "Wolf" asks about if Bush's personal relationship with the Democrats in Congress is affecting getting legislation through.

10:35: another unid'd reporter named "Wolf" asks Bush to react to 2008 U.S. presidential race

10:35: reporter asks if he discussed Russian elections with Putin

10:33: unidentified reporter asks Bush if in his conversation with Putin if he asked him to not sell uranium to Iran.

10:30: Baier, Fox News: "What does the vote in Venezuela mean for the U.S.? .... What's your reaction to Chavez opponents winning?"

The Oil Prices That Stole Christmas

On Tuesday, "Good Morning America" reporter Bianna Golodryga hyperventilated about high gas prices and highlighted a man who alleged that the cost of fuel is keeping him from going to church and that it could ruin Christmas. Golodryga piled on, suggesting that some Americans would be forced to eat "cheaper foods" such as pasta and peanut butter instead of fruits and vegetables.

The Media's Favorite Billionaire

Only a few days later, Golodryga, who covers business and economic issues for GMA, proved her journalistic independence by gushing over liberal billionaire Warren Buffet, or "Robin Hood," as she called him. While Golodryga lobbied for holding on to the death tax (or, as she called it, the estate tax), co-host Diane Sawyer rhapsodized over how Buffet is battling "on behalf of fairness in taxes." (The leftist billionaire has claimed recently that he pays less taxes, percentage-wise, than his receptionist.)

The lead story on Friday’s CBS "Early Show" focused on the Democratic debate and celebrated Hillary Clinton’s comeback as co-host Harry Smith exclaimed: "This morning, Hillary's camp declares a landslide as the Dems sling mud, exchange barbs, in the feistiest debate yet." The segment began with a report by CBS White House Correspondent, Jim Axelrod, who described how, "Hillary Clinton's two top rivals didn't waste any time attacking her...[she] looked confident, taking the attacks in stride." Axelrod later concluded his report by declaring that:

Her performance at this debate makes her prior stumble look like an isolated event. The story line now goes back to Hillary the sure-footed front-runner, where it will stay. At least for now.

Again exploiting children and mothers to advance the goal of expanding federal spending and dependency, ABC's World News led Wednesday night by giving voice to the media-political establishment's astonishment that President Bush would veto a bill to provide health insurance “for children.” Anchor Charles Gibson led his newscast: “Most politicians like to kiss babies, pet dogs and support programs for children. Not often you'll see one take a stand against a proposal providing health insurance for children. But that's what President Bush did today, vetoing the so-called S-CHIP program that would have expanded health insurance for children by $35 billion.”

Reporter Martha Raddatz highlighted how “the country seems to disagree” with Bush since “72 percent of Americans support expanding the program,” which the media have promoted, “including majorities of Republicans and conservatives.” Indeed, ABC's poll (PDF) found self-identified conservatives favor the expansion by 61 to 36 percent. Raddatz, who two weeks ago used a crying mother to push increased spending, warned Wednesday that “the veto could have a profound impact.” To back her assumption, Raddatz featured an unlabeled left-wing activist from Families USA followed a mother who pleaded: “Having it taken away would be devastating. You can't do that to children. It's not right.”

CBS, and especially ABC, on Thursday night portrayed the debate over increasing federal spending on health insurance for children as an effort to help kids only the cold-hearted could oppose, a framing aided by scenes of cute toddlers, a crying mother and little emphasis on how those well above poverty would qualify. ABC anchor Charles Gibson overlooked the proposed expansion, to those in families who have or can afford private insurance, as he cited “a bill providing health insurance to millions of kids whose parents cannot afford private coverage.”

Reporter Martha Raddatz found a poor mother to exploit, beginning her story: “Susan Dick depends on the so-called SCHIP [State Children's Health Insurance Program] program for her two sons, both of whom have asthma. The family income is too low for private insurance, too high for Medicaid.” Raddatz briefly noted Bush's fear many would move from private insurance to the government program and then, leading into a soundbite from liberal Republican California Governor Arnold Schwarzenegger, she hailed how “the expansion has bipartisan support across the country, including from many Republicans...” Capping her story, Raddatz featured a crying mother who sympathetically fretted: “If my boys don't have health insurance, it makes it very hard when you're a parent to know that they're sick and you have to get them to the doctor.” Raddatz coldly concluded: “But the President made it very clear today, Charlie, he will veto this bill in its present form.” CBS anchor Katie Couric also painted Bush as opposed to helping kids: “President Bush opened a news conference today by attacking a proposed expansion of a health care program for low-income children.”

Are the reporters on Capitol Hill as scrappy as the White House press corps? Apparently not. In the "Yeas and Nays" gossip column in the Washington Examiner, Jeff Dufour and Patrick Gavin report CBS's normally Bush-stalking Jim Axelrod threw a hardball at Nancy Pelosi and she was shocked, shocked that anyone could be so rude. (Axelrod, of course, came at the Speaker from the hard left.) It was so shocking a Pelosi spokesman suggested "I don't think she's ever accused a journalist of bias before."

CBS White House reporter Jim Axelrod mentioned to Pelosi that, come November 2008, the number of American troops in Iraq likely will be the same as in November 2006, when Democrats were swept into power. Then, he asked, "How do you view your stewardship of Congress as anything other than a failure to make the president change course?"

Pelosi was instantly taken aback. "What a lovely objective question on the part of the press!" she remarked.

Reporting on the resignation of presidential political adviser Karl Rove, ABC's World News on Monday night absurdly blamed Karl Rove for the ads from Swift Boat Veterans for Truth and featured John Kerry's condemnation of Rove as all three broadcast network evening shows castigated Rove for his criticism of how Democrats want to coddle terrorists and highlighted his “leaking” of Valerie Plame's name. ABC's David Wright cited Rove's “political ju-jitzu” in “turning opponents' strengths against them.” With a Swift Boat ad clip on screen, Wright described a “sustained attack on John Kerry's war record, an audacious move considering Bush's Vietnam War record was weak.” Wright contended that Rove sometimes went “too far,” such as when “he accused the Democrats of offering therapy and understanding to our attackers. 9/11 families asked him to stop.” Rounding out Rove's offenses, Wright asserted that “he's been on the defensive over the leaking of a CIA agent's name as political payback against her husband, and for his part in the fired U.S. attorneys scandal.” Following Wright's report, anchor Charles Gibson showcased how Kerry “said he orchestrated a political strategy 'that promised to unite Americans but instead left us more divided than [ever] before.'”

On the CBS Evening News, which found the oldest video of Rove -- from 1972 -- Jim Axelrod stressed how “Rove survived five grand jury appearances during the Valerie Plame CIA leak case without being indicted. He's currently defying congressional subpoenas to testify about the fired U.S. attorneys.” Axelrod maintained Rove “lost some of his luster last year when painting the Democrats weak on terror and the Iraq war backfired, and the GOP lost the House and Senate.” NBC's Kelly O'Donnell recalled how “he enraged Democrats” by “accusing them of weakness after 9/11.”

At President Bush's Thursday morning press conference, an Associated Press reporter pressed Bush about raising the gas tax to pay for bridge repairs, an ABC News correspondent described Bush's refusal to hike taxes, while paying for the Iraq war, as in conflict with doing “justice” for “government needs” for bridges and housing and, afterward, CBS's Katie Couric rued how Bush “seemed to dismiss the notion of raising the federal gas tax.” CBS reporter Jim Axelrod observed that Bush sees his “strong record as a tax cutter” as part of his legacy and “so even with something as pressing the imagery of the bridges and the infrastructure needs, he can’t be seen as calling for a tax increase, even to address that.”

In the first question at the 10:30am EDT session, the AP's Terry Hunt cited how House “Transportation Committee members are recommending an increase in federal gasoline taxes to pay for repairs. Would you be willing to go along with an increase in gasoline taxes of five cents a gallon or more?” Later, Ann Compton of ABC News reminded Bush it's “been clear you don't want to raise taxes. Can you do justice to the kind of programs the government needs for bridges, for housing, and also continue to spend as much as you do on the war in Iraq?” As for news reports that Bush wishes to cut corporate taxes, Mark Smith of Associated Press radio turned sarcastic: “Do you believe America's corporations are not making enough money these days?”

I took the liberty of taking what are perhaps the five worst, most biased questions in today's White House news conference (see earlier live blog thread here and official White House transcript here).

Video (3:15): Real (2.38 MB) or Windows (1.99 MB), plus MP3 audio (1.11 MB).

It starts with Helen Thomas insisting that President Bush is responsible for al Qaeda in Iraq and ends with Martha Raddatz of ABC News misconstruing a new report on al Qaeda to conclude the terror network's threat is "greater than ever now." NBC's David Gregory and CBS's Jim Axelrod are also included. All questions betray an alarmist and defeatist tone on Iraq and/or push President Bush to consider hypotheticals involving Democrats passing legislation to curtail his management of the war.