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But Liars Use Statistics

Written By: Tom Hankes  |  Posted: Wednesday, August 29th, 2012

Don't trust White House marketing on network TV; the truth is an unwelcome guest

          Filtering the reports we absorb daily from the mainstream media is a necessity and so is "following the money" to make sense of it all.  Some questions to ask might be: who owns the network and what is their political allegiance? Economic news is believed by most observers to be the number one factor which will determine the victor in November.  Pundits talk about "another recession" but we're beyond "recession".  I have yet to hear the word "depression" which I believe is a more appropriate term for today's economy.  If a network is trying to re-elect the incumbent, slanted news is a given.  Nowhere does this principle become more evident than the daily stream of financial news on CNBC.  Let's ponder just a few measures you've heard mentioned but maybe haven't thought about much:

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