From the October 28 edition of Fox Business' Bulls & Bears:
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Rush Limbaugh and Fox Business advanced the disputed claim that the White House "threatened" Perella Weinberg with, in Limbaugh's words, "reputation ruination" to compel the firm to support the Chrysler bankruptcy offer. However, neither noted that Perella Weinberg has denied the allegation.
In recent days, numerous Fox Business Network hosts, reporters, and contributors have repeatedly spread the debunked claim that the economic recovery act includes funding to protect the salt marsh harvest mouse in the San Francisco wetlands. In fact, the act does not contain any language directing funds to San Francisco wetlands or the salt marsh harvest mouse living in them, a fact that the House Republican leadership aide who reportedly originated the claim has reportedly acknowledged.
A New York Times essay by Jason DeParle highlighted a resurgence of the use of the word "welfare" among conservatives, this time to attack President Obama's economy recovery plan. Indeed, while economists agree that provisions in the legislation targeting needy people are among the most economically stimulative, Media Matters documents below the pervasiveness of what DeParle called the "weaponiz[ation]" of the "very word, welfare," in the media, particularly, but not exclusively on Fox News, to denounce the stimulus bill.
In recent days, Fox News anchors and contributors have falsely asserted, repeatedly, that people who don't pay taxes would be eligible for a $500 individual tax credit included in President-elect Barack Obama's proposed economic recovery plan, echoing an oft-repeated myth from the presidential campaign that Obama's proposed tax cuts would go to people who don't pay taxes. In fact, Obama has proposed a tax credit for working Americans, meaning they do pay Social Security and Medicare taxes.