Free Market Project -
Auditing the media's coverage of the free enterprise system
• September 7, 2005
In this issue: Hurricane
Generosity • Rebuilding • Warming to an Obsession • Good, Bad & Ugly
Katrina • Free Market • Poverty • Obesity •
New from the Free Market Project
The Understatement of American Generosity
The media have attacked corporations like Wal-Mart, Exxon Mobil and the
U.S. drug companies for making too much money. Now, those companies are
using some of their hard-earned profits to help hurricane victims – and
network news has shown little interest.
Herman Cain: The Business of Rebuilding
Though the media have focused mainly on the federal government and its
response to Katrina, individuals and corporate America have responded
quickly with large contributions. Herman Cain, a businessman and national
chairman of the Free Market Project, takes his column this month to
explain why he’s hopeful about the Gulf Coast’s future.
Media Link Hurricanes and Global Warming for More than a Decade
As blame swirls around Hurricane Katrina, the media continue to draw
global warming into the picture. The Free Market Project hopped into the
time machine and went back as far as 1992 – when broadcast journalists
were doing the same thing. Though reporters keep interviewing scientists
who tell them the global warming/hurricane theory is bunk, these examples
of coverage through the years show they’re not getting the message.
The Good, the Bad & the Ugly
The Good, the Bad & the Ugly tracks the best and worst media coverage of
business and economics. Readers are invited to submit suggestions or news
tips to Director
This week: A rare, fair view of Wal-Mart; more hype about global
warming and hurricanes; and, of course, more bad gas reporting.
Also from FMP:
Media Use Katrina to Predict Economic Downturn
Gas Prices Fuel More Bad Reporting
Media Do Poor Job of Reporting on the Poor
Research, News & Commentary
Commentary: What’s the best way the government can help with
post-hurricane rebuilding? Get out of the way.
Commentary: Cato’s Jerry Taylor explains why, if gas prices seem
too high, our response should be: “Gouge on!”
AEI’s John Lott and Sonya Jones remind us that price controls only work
Research: How do Americans feel about their jobs? AEI’s report on
“The State of the American Worker” gives some insight.
Research: The Census Bureau reported that poverty stayed flat in
2004. As Heritage Foundation analysis shows, the report doesn’t tell the
whole story – but it does point to the need for pro-growth policies.
Additional Poverty Resources:
Understanding Poverty in America
Income Inequality in the United States
News: California says ‘no’ to junk-food sales in schools.
about events coming up in your area!
Private Education Work for the Poor?
Sept. 8, 12:30 p.m.
The Emerging Issues Forum
Sponsored by The Heartland Institute
Hilton Chicago Hotel
Sept. 13, 9:30 a.m. – 4:00 p.m.
Will Portfolio Limitations for Fannie Mae and Freddie Mac Adversely Affect
American Enterprise Institute
Sept. 13, 1:30 p.m.
Flat Tax Revolution: Using a Postcard to Abolish the IRS
The Heritage Foundation
Sept. 14, 12:00 p.m.
Domain, Imminent Danger with Congressman Ron Paul
Sponsored by The Bluegrass Institute
Sloan Convention Center, Bowling Green, Ky.
Sept. 19, 6:30 p.m.
Freedom Fest 2005
Sponsored by the Ethan Allen Institute and FreedomWorks
Vermont Technical College
Oct. 15, 9:00 a.m. – 5:00 p.m.
New MRC Blog Launches!
The MRC's blog site,
"Exposing and Combating Liberal Media Bias," has launched. With your
participation we trust
will soon become THE blog site for tracking and correcting
liberal media bias. Come post your comments and get fresh proof
of media misdeeds at:
Or, visit Media Research Center at: www.mediaresearch.org