Media Myth: Crude Coverage

The media are making constant references to economic days gone by. Theyve exaggerated scares of another Great Depression or 70s-era stagflation. But theres a real 70s villain still alive and well: OPEC. BMI compares coverage of Big Oil companies to the cartel.

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G: CNBCs Maria Bartiromo asks for balanced reporting
B: NBC: cap-and-trade magically to make solar energy affordable
U: CNBCs Cramer says Bear Stearns not in trouble week before collapse