Media Matters - "Fox lobs falsehoods to attack BP escrow account as "Chavez-like"

[TomCADem]

It is amazing that Fox News is the highest rated cable news channel. No wonder so many of their talking points attacking the Obama administration are so widely repeated.

http://mediamatters.org/research/201006160023

On Fox & Friends, Steve Doocy and Stuart Varney falsely claimed Obama's proposal for a BP escrow account amounts to "seizing private assets" and letting the administration "run the money." In fact, the escrow account would reportedly be established through negotiations with BP and it would be managed by an "independent trustee."

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Doocy, Varney blame "environmentalists" for deep-water drilling, when increase is actually due to region's large oil reserves
Doocy and Varney agree: "We know why they drill in the deep water, environmentalists pushed them out from the shallow water." Co-host Steve Doocy claimed "We know why drill in the deep water, environmentalists pushed them out from the shallow water." Varney agreed, "That's why we're not drilling in Alaska, not drilling in the shallow water. We've been pushed out in the deep water where it's difficult and dangerous."

In fact, MMS reported that the "remarkable increase" in deep-water drilling due in part to "finding of reservoirs with high production wells." According to the U.S. Department of the Interior's Minerals Management Service (MMS): "The deepwater portion of Gulf of Mexico has shown a remarkable increase in oil and gas exploration, development and production. In part this is due to the development of new technologies reducing operational costs and risks, as well as the finding of reservoirs with high production wells. "

[AsahinaKimi]

1. Fox News doing what they do best

Pushing the Republican agenda, whether its true or not. They are not a news organization, they are despicable liars shilling for the Corporate Right wing of the Nation. They could tell their viewers the sky is Pink if there was a way for Republicans to profit from it, and most of their viewers would probably be stupid enough to buy it.

[Marr]

2. Odd that Doocy used the word "we".

I mean, I'm glad he's admitting that they're basically oil industry PR men, but it still seems odd.

[Pirate Smile]

3. One of the CNBC female anchors said the same thing.