Numerous Myths and Falsehoods Advanced by the Media in Their Coverage of the American Recovery and Reinvestment Act

Media Matters for America previously identified numerous myths and falsehoods advanced by the media in their coverage of the American Recovery and Reinvestment Act. As debate on the bill continues in Congress, other myths and falsehoods advanced by the media about the recovery package have risen to prominence. These myths and falsehoods include: the assertion […]

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98% of Cities in America Report Unemployment Rise

By David Goldman CNNMoney.com staff writer Feb 4, 2009 NEW YORK (CNNMoney.com) — In a sign that job losses are felt in every corner of the nation, unemployment rates rose in 98% of metropolitan areas across the country in December, according to a recent government report. The Labor Department reported that the unemployment rates in […]

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Obama’s Campaign Manager and Elizabeth Edwards Get Book Deals

CBS NEWS’ HOTSHEET David Plouffe, Barack Obama’s campaign manager, and Elizabeth Edwards, whose husband John ran for president last year and later admitted an extramarital affair, have both secured book deals, the Associated Press reports. Plouffe’s seven-figure deal is for a book on the presidential election entitled “The Audacity to Win: The Inside Story and […]

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Bank of England Cuts Rate to Year 1694 Levels

BLOOMBERG Feb. 5  — The Bank of England lowered the benchmark interest rate to 1 percent, extending the most aggressive round of cuts in its three-century history as officials try to limit fallout from the deepening recession. The nine-member Monetary Policy Committee, led by Governor Mervyn King, cut the bank rate to 1 percent from […]

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