Tag Archives: journalism

The Fox Lies Channel

Here’s a shocker. The people on the Fox News Channel lie. They knowingly lie. They lie all the time. Anyone with the common sense to distinguish between fact and fiction has known this for a long time. But the facts were never so clear as they are in a recent court filing by Dominion Voting Systems.

Here are the basic facts:

  • Dominion Voting Systems is suing Fox News for $1.6 billion for spreading false claims that Dominion rigged the 2020 presidential election.
  • A new court filing shows that Fox anchors and executives privately ridiculed former President Trump’s lies about the election even while promoting them on air.
  • The filing also reveals that Fox ignored warnings from its own staff, experts, and lawyers that the claims were baseless and harmful.
  • The filing includes internal emails, text messages, and transcripts that show how Fox hosts and guests knowingly spread misinformation to boost ratings and appease Trump.

Dominion Voting Systems is a company that sells electronic voting hardware and software. Dominion claims that Fox’s false accusations caused irreparable harm to its reputation, business, and employees, and endangered the lives of its workers and election officials.

Fox News has denied the allegations and moved to dismiss the lawsuit, arguing that it was exercising its First Amendment rights to report on matters of public concern.

Fox has also claimed its evening anchors, the ones with the biggest audience in all of cable television and the most vocal when it comes to spreading outright lies about the political opponents they tend to demonize (my opinion here), are not news reporters but opinion writers. Fox has even gone too far as to take in court the position that no one could view the words of, for example, Tucker Carlson, as factual.

The problems here are multiple. First, opinion columns make arguments based on a foundation of fact. They may take liberties in interpretation. They may be selective when it comes to which facts are included and which are ignored. But they still have a responsibility to the truth and can face the consequences if they do not.

Fox also has cultivated an image that it is a purveyor of news when it has been obvious from day one that it has taken it as its mission to promote right wing thought to such an extent that its coverage at all times of the day is informed by that institutional goal. The “Fox News” logo appears on the screen during what Fox calls its “opinion” parts just as it does during its “news” parts. The original Fox slogans, “Fair and Balanced” and “We Report, You Decide” clearly assert that Fox presents reality others do not.

This is (my opinion again) a bit of chicanery that makes a mockery of journalism. It also makes (yep, my opinion) Fox owner Rupert Murdoch and his lackies public enemy number one.

Still Dominion faces an uphill battle in its defamation lawsuit. The bar is set extremely high, especially when matters of public interest are debated. The framers of the Constitution wrote the First Amendment with a specific intent to protect the kind of political speech that would get a commentator’s head chopped off if it were directed against, for example, the king in a European monarchy.

Dominion must prove Fox willfully made assertions it knew to be false, that it did so with malice, and that as a result, damage was done.

Take the time. Read the material firsthand. You decide.

You can find the full court document here:

Fox lost its motion to dismiss the lawsuit. The trial is scheduled to begin on April 4, 2023.

Cartoon by Kevin KAL Kallaugher for Counterpoint

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The Justices Take a Landmark Step. Unwillingly.

Mark your calendar. Beginning May 4 and ending May 13, the Supreme Court of the United States will make history. It took the coronavirus pandemic to do it, but over six dates the Court will hear oral arguments on ten cases, and the people of the United States will be able for the first time to hear those arguments as they happen.

This is happening because the Court, like most of us, is practicing Covid-19 social distancing protocols, with the justices and staff working mostly from their homes. The Court first delayed these arguments, then decided to hold the hearings via teleconference.

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Jim Lehrer and the Future of News

Jim Lehrer - PBS NewsHour

Jim Lehrer, co-founder and for 36 years the anchor of the PBS NewsHour, died Thursday at the age of 85. He was also the executive editor of the broadcast, moderated 12 presidential debates, and wrote books of fiction and non-fiction, often on topics informed by his interest in journalism, politics and history. The NewsHour remembered and eulogized him on the program that night.

I cannot come close to the heartfelt feelings expressed by his NewsHour colleagues and I highly recommend the program to you. Although I worked for nearly three decades for the public television program Nightly Business Report, public television is about as siloed a group as you will find and I had the pleasure of meeting Lehrer only once. I do remember being tongue tied at meeting the man who is now being mourned as a “giant in journalism.” He of course was friendly and unassuming with me.

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National Archive Gets Trumped

As you know I don’t usually report on other reporters. Nor do I link to material behind paywalls, although I support the use of paywalls to enable reporters to make a living. But there is a story justifiably blazing through the cloud that touches on many of the topics I hold dear and deserves a shout-out.

My tip of the hat goes to Joe Heim of the Washington Post and his story, “National Archives exhibit blurs images critical of President Trump.” Tweet National Archives TrumpedHeim, in a Twitter post after the story went viral, said his story was in part due to “chance.” I’ll respectfully disagree. Heim was visiting the National Archive when he noticed something that had nothing to do with his reporting assignment. That’s not chance. That’s good reporting. I’ve often told journalism students the best story ideas come from their own observations. A good reporter always keeps eyes open.

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Financial Market Reporting, Part 6: Derivatives

Chicago Board Options Exchange

Chicago Board Options Exchange

My series at the Reynold’s Center continues with thoughts on reporting the derivative markets. These are investment vehicles that are derived from others, appropriately called derivatives. Investors do not own the underlying asset, but bet on how that asset will perform.

Options are a common type of derivative. In 1973 the Chicago Board of Trade created the Chicago Board Options Exchange, which at first operated out of an old cloak room off the CBOT trading floor. The CBOE traded listed stock options. Unlike futures, options were not a commitment but gave the buyer an option to buy a stock for a certain period of time.* The option is based on the stock, called “the underlying.”

Continue at businessjournalism.org….

Lunch with Paul Kangas, Nightly Business Report

Paul Kangas

I remember one specific lunch with Paul Kangas. Silly, isn’t it? I spent a fair amount of time with Paul during the many years I was associated with public television’s Nightly Business Report. That included several meals with a man who, among many other things, appreciated good food and drink. Why would one particular lunch stand out?

It was 1990. A year before I had moved from Chicago, my hometown, where I worked for CBS, NBC, and as a freelance contributor for NBR, to New York. Here I was NBR’s New York Bureau Chief and Senior Correspondent. Paul had been with NBR since it first went on the air in 1979. A former stockbroker, Paul was at first the broadcast’s stock commentator. Later he added co-anchor to his role.

But Paul was so much more than his title implies. On a broadcast that itself defined a new role for business news on television, Paul set the standard for both the program and the industry.

Continue reading…

Financial Reporting Part 1

Today I take on a new project, writing about financial market reporting for the Donald W. Reynolds National Center for Business Journalism, which is based at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

Hopefully these thoughts on my experiences over the years will be of value to journalists new to journalism, or just taking up an assignment on the business beat.
Please be gentle with your reviews!

Financial Reporting Part 1

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