Fox & Friends Lie, Make Stuff Up

Posted on June 12, 2012 at 4:30 pm by JM Ashby

Also — water is wet and the sky is blue.

By now you’ve probably seen the report documenting a 40 percent drop in the net worth of American families, however if you were watching Fixed News yesterday you may have been lead to believe that it was that darn Obama again.

It was a jaw-dropping statistic that was flashed across the country yesterday, the Federal Reserve has figured out that over the last three years the net worth of the average American family has fallen 40% over three years, wiped out two decades worth of America’s wealth, mainly because house values have dropped. When you saw that number, that American debt, or American wealth down 40% in three years what did you think?

It’s down 40 percent in the last three years! Obama’s fault!

Actually, no. The Fed report was for 2007 to 2010. That is not “the last three years.”

Fox News is the marketing department of the RNC.

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  • http://www.intoxination.net intoxination

    Fox and Friends took it a step further, saying that 40% of Americans wealth had been “wiped out”. It’s sad because the minions who watch such trash believe what they hear:

    http://2012.talkingpointsmemo.com/2012/06/fox-and-friends-fed-romney-doocy.php?ref=fpb

  • Art__VanDalay

    That is truly awful.

  • nathkatun7

    FOX NEWS might as well be renamed the GOP Ministry of Truth! As far as FOX and the GOP are concerned, whatever happened between Jan. 2007 and Jan. 2009, a full two years, is really not that important. What matters is what happened between Jan. 2009 and Dec. 2010. Then there is the other inconvenient period (Jan. 2011 and June 2012) that FOX and GOP don’t want to examine critically. This is the period when the Republicans took over Congress and used every tactic conceivable to obstruct everything President Obama proposed to do to improve the economy. This period doesn’t matter either. After all, according to the masters of propaganda at FOX and inside the GOP, President Obama had suspended the Constitution and was acting as dictator. Congress played no role in impeding economic progress. Bottom line then: from 2007 t0 2012, all the economic pains are Obama’s fault” because George W. Bush served only five years. It’s true he was elected in 2000 and took office on jan 20 2001. But we all know that everything that happened in 2001, Bush’s first year, was all Bill Clinton’s fault. So says FOX; so says Mitch McConnell, John Boehner and Eric Cantor; so says Willard “Mitt” Romney; and, apparently, so says most of the so called mainstream media pundits either overtly or by their silence.Thus the 9/11/01 attacks were Clintons fault while the 2008-2009 financial collapse was Obama’s fault. That is why I say, that GW Bush a two term President served only five years. His first year in office is blamed on Clinton, his last two years in office are blamed on Obama.

  • D_C_Wilson

    If we still had campaign finance laws, Romney would have to declare every episode of Fox and Friends as an “in kind” campaign donation.