A Fox Business host said he got a "big smile" when he heard that Australia backed out of its previous pledge to send aid to developing nations coping with climate change. His response comes as an official from the Philippines tearfully called for developed nations to make good on their promises to the climate fund in the wake of Super Typhoon Haiyan.
On November 13, Stuart Varney, host of Varney & Co., celebrated Australia's decision, saying he "do[esn't] want to pay" to help the Philippines and other developing nations adapt to a rapidly changing climate:
Varney's callous response stands in sharp contrast to that of Naderev "Yeb" Sano, a United Nations delegate from the Philippines, who announced at a U.N. climate summit that he is fasting until there are "concrete pledges" to the Green Climate Fund. Developed nations previously pledged to give $100 billion to the fund by 2020 in order to help developing nations adapt to climate change and reduce their own emissions.
The U.N. fund is intended to address a critical moral hazard of climate change: those who have contributed the least to climate change will suffer the most. The Philippines, for instance, is the third most vulnerable country in the world to climate change -- "particularly exposed" to "cyclones, flooding and sea level rise" -- yet it has much fewer carbon emissions than either Australia or the U.S.:
Fox News overstated the costs of Medicaid expansion for states by ignoring research and evidence showing that expanding Medicaid actually saves money for many states because of the high share of the cost being picked up by the federal government in the Affordable Care Act (ACA) and the reductions in money spent by states on uncompensated care.
Fox Business disparaged actor George Clooney as "irresponsible" and "foolish" for allegedly "blaming" Super Typhoon Haiyan on climate change. However, Clooney merely stated that regardless of "whether or not this particular storm" can be attributed to climate change, denying the existence of manmade climate change -- as those censuring Clooney have -- is "ridiculous."
Super Typhoon Haiyan was one of the strongest tropical cyclones in world history when it struck the Philippines on November 7, killing as many as 10,000 people. Scientists have stated that intense tropical cyclones such as Haiyan are expected to become more frequent as the earth warms, although many caution against attributing Haiyan directly to climate change. Sea level rise due to climate change also worsens the deadly storm surge for tropical cyclones such as Haiyan and Hurricane Sandy.
CLOONEY: Well it's just a stupid argument. I mean, whether or not this particular storm is any one -- if you have 99 percent of doctors who tell you "you are sick" and 1 percent that says "ah, you're fine," you probably want to hang out with, check it up for the 99. You know what I mean? I -- the idea that we ignore that we are in some way involved in climate change is ridiculous. What's the worst thing that happens? We clean up the earth a little bit? And you know, yeah, I find this to be the most ridiculous argument ever.
On Monday, Fox Business host Stuart Varney and Fox News' senior meteorologist Janice Dean harangued Clooney for supposedly "us[ing] the tragedy to push his climate change agenda," saying his statement was "irresponsible" and "foolish" -- without ever airing or quoting what he actually said:
Dean also criticized Clooney for weighing in on climate change because he does not have a "seal of approval" from the American Meteorological Society (AMS), as she does. However, AMS officials have criticized broadcast meteorologists such as Dean for offering "nonscientific" opinions on climate change:
Fox News cherry-picked numbers to suggest that the cost of extreme weather events has decreased in past decades in order to attack President Obama's executive order to prepare the country for the impacts of climate change. However, the damages from extreme weather events have been on the rise since 1980 and are projected to increase in part due to climate change.
On Fox and Friends' November 4 show, contributor Stuart Varney denied the link between climate change and certain extreme weather events in the United States, denouncing Obama's executive order on climate preparedness. To assist his claim, Varney cherry-picked statistics to falsely suggest that disaster costs have decreased since the 1980s -- including an incorrect statistic on Hurricane Sandy.
Though damages from Sandy totaled approximately $65 billion, according to the National Climatic Data Center, Varney incorrectly asserted that Sandy cost $19 billion in damages (this outdated number represented predicted damages to New York City only). He contrasted his $19 billion statistic to the $160 billion in losses from extreme weather events in 2005 -- the most costly year on record in terms of extreme weather events -- and the fact that weather disasters have cost the United States over $1 trillion since 1980. After prattling off these numbers, Fox and Friends co-anchor Brian Kilmeade exclaimed, "look how they've gone down, the number of disasters and the price!"
In reality, spending on weather disasters has increased since 1980, alongside the rise of extreme weather events costing at least one billion dollars in damages:
Despite Varney's claims, five top insurance companies have recognized that disaster losses are increasing, which may be related in part to climate change:
Right-wing media are ignoring the dangers of underinsurance in their attacks on the Affordable Care Act's (ACA) requirement that new insurance plans offer at least a minimum level of coverage, including ten "essential health benefits."
Research has shown that medical costs contribute to a high percentage of bankruptcies filed in the U.S, and a 2007 study from Harvard University found that more than three-quarters of people with medical debt had health insurance. Beginning January 1, 2014, the ACA will begin to tamp down on the type of "swiss cheese" coverage that can leave consumers facing catastrophic health costs by requiring that all health plans on the new health care exchanges cover ten "essential health benefits" that will provide consumers with a basic level of coverage for things like hospitalization, prescription drugs, mental health services, and preventative care.
Right-wing media are attacking this shift toward providing an improved health insurance product and insisting that insufficient insurance is not a problem. An October 30 Wall Street Journal editorial blasted the change as "command-and-control regulation" and said "Democrats are openly instructing adults that they don't know what's best for their own good." In his own October 30 column, the Journal's deputy editorial page editor, Daniel Henninger, wrote called the push for increased consumer protection "progressive coercion," emblematic of "politics by cramdown."
During the October 31 Fox & Friends, co-host Steve Doocy and Fox Business host Stuart Varney obscured the dangers of "cut-rate" insurance plans to characterize the administration's claim that the insufficient levels of coverage in some existing plans led insurers to tell policyholders that they had to change their coverage as "flat-out outrageous" -- even though a study published in Health Affairs found that, in 2010, more than half of Americans who purchased their own insurance had plans that fell short of ACA standards. Later in the show, Doocy and Fox Business host John Stossel bashed the health care law's requirements for new insurance policies:
DOOCY: Now we're going to have to buy insurance that is up to the government's standard even though maybe we would rather just save money.
STOSSEL: We chose those policies and yet the president says you didn't choose well, I need to choose for you.
These attacks all ignore the consequences of being underinsured, which carry many of the same risks as having no insurance at all. According to Kaiser Health News, some uninsured people "avoid going to the doctor or getting prescriptions filled because they can't afford it," and noted that others "end up with medical debt and other severe financial problems." The April Commonwealth Fund study found that half of the underinsured "said they had not received needed care because of cost" and explained that 55 percent of underinsured Americans "reported medical bill problems are accrued medical debt" -- more than twice the rate of those with adequate insurance coverage.
Huffington Post health care reporter Jeffrey Young defined the underinsured as those with health insurance plans that "offered too little coverage and exposed them to high out-of-pocket costs." He highlighted an April study by the Commonwealth Fund that found 30 million people, or 16 percent of the U.S. population were underinsured in 2012. The study also found that lower-income Americans were underinsured at higher rates. The Commonwealth Fund study also stated that 85 percent of those who were underinsured could be eligible for coverage under the ACA's Medicaid expansion or qualify for subsidies to purchase insurance plans on the exchanges, which have a certain standard of coverage, and so "[m]ore people insured and better-quality coverage will likely lead to less medical cost-fueled debt and fewer cost-related access problems."
According to a September 2011 study by the Commonwealth Fund, once fully implemented, the Affordable Care Act could reduce the number of underinsured adults by 70 percent.
From the October 31 edition of Fox News' Fox & Friends:
Loading the player reg...
Fox News used a dishonest graphic that inflated a comparison between the number of people receiving federal benefits to those working full-time by 500 percent to misleadingly imply more people receive government benefits than work.
The October 28 edition of Fox & Friends aired a graphic which purported to compare the number of people who received means-tested federal benefits to the number of people with full-time jobs in 2011. However, the chart used a truncated y-axis, and showed the number of people on welfare -- 108.6 million -- as approximately five times greater than 101.7 million, the number of people with full-time employment.
Moreover, Fox's comparison of the two figures compares apples to oranges.
Fox's 108.6 million figure for the number of "people on welfare" comes from a Census Bureau's account (Table 2) of participation in means-tested programs, which include "anyone residing in a household in which one or more people received benefits" in the fourth quarter of 2011, thus including individuals who did not themselves receive government benefits. On the other hand, the "people with a full time job" figure Fox used included only individuals who worked, not individuals residing in a household where at least one person works.
Furthermore, many people who receive federal benefits also work. The means-tested programs in the Census Bureau report included Temporary Assistance for Needy Families, or TANF, which includes strict work requirements. In 2011, 6.4 million households with earnings also participated in food stamps, or the Supplemental Nutrition Assistance Program. And public or subsidized rental housing provides rental assistance to low-income families -- families who have an income which is 50 to 80 percent below the median income for the area.
Fox has a history of displaying error-riddled and deceptive graphics to reinforce conservative attacks on the Obama administration, and has previously had to issue a correction for a dishonest graphic that misrepresented the unemployment rate.
But Fox seems to have not learned from its past mistakes, and ignored the facts to misleadingly attack federal benefit programs, with Fox & Friends co-host Steve Doocy asking "is the number one occupation in this entitlement nation now, welfare?" while Fox Business host Stuart Varney baselessly suggested that President Obama personally encouraged "handouts" as a means of "buying votes."
Watch the full segment:
Right-wing media dishonestly accused President Obama and the Justice Department of "McCarthyism," "extortion," and carrying out a "vendetta" against JPMorgan Chase (JPM) after the two parties reached an historic $13 billion settlement over the company's role in the 2008 financial crisis. The attacks characterized the settlement as politicized "medieval justice," excusing JPM's responsibility for its own alleged wrongdoing and those of Bear Stearns and Washington Mutual -- two entities which played a large role in the collapse that were later acquired by JPM.
Fox News completely ignored the role of political brinkmanship over raising the debt ceiling in prompting a credit downgrade warning, erroneously claiming that the warning was prompted by concerns over long-term debt stabilization.
On October 15, credit rating agency Fitch placed the United States on a negative rating watch, threatening to downgrade the country's debt from "AAA" status if the debt ceiling is not raised in a timely manner.
On the October 16 edition of Fox News' America's Newsroom, co-host Martha MacCallum interviewed Fox Business' Stuart Varney regarding Fitch's downgrade threat, asking why the stock market has not reacted negatively to the warning. The conversation eventually turned to the United States' long-term debt prospects, with MacCallum asking if rating agencies have become less concerned about the national debt. Varney responded by claiming that not only are rating agencies still concerned about debt, but also that Fitch's warning was primarily in response to the United States' long-term debt:
MACCALLUM : It used to be that the credit rating agencies were very concerned about the long-term financial stability of the United States of America. Is that no longer the case Stuart?
VARNEY: No, they are still concerned. That's what this warning was all about. We have failed to get our long-term debt under control.
Varney's assessment of Fitch's warning is false.
At no point in their discussion did MacCallum or Varney mention the primary reason Fitch placed the United States' credit on negative watch: brinkmanship over raising the debt ceiling. In its warning, Fitch directly cited political obstacles to raising the debt ceiling as a "high" driver of the rating watch (emphasis added):
The U.S. authorities have not raised the federal debt ceiling in a timely manner before the Treasury exhausts extraordinary measures. The U.S. Treasury Secretary has said that extraordinary measures will be exhausted by 17 October, leaving cash reserves of just USD30bn. Although Fitch continues to believe that the debt ceiling will be raised soon, the political brinkmanship and reduced financing flexibility could increase the risk of a U.S. default.
While Varney contends that debt worries were a primary driver in prompting the warning, Fitch explicitly stated that current and near term debt levels (as a percentage of the economy) are consistent with the agency's "AAA" rating. Fitch did suggest that public debt should be put on a downward trend in the medium to long term, but noted this concern was secondary to the more immediate and potentially disastrous problem of failing to raise the debt ceiling.
Republicans have held firm in their unwillingness to raise the debt ceiling without extracting political concessions, most related to defunding, delaying, or eliminating provisions in the Affordable Care Act.
Virtually every other news outlet noted that Fitch was primarily concerned about brinkmanship and failure to raise the debt ceiling. Instead of noting this fact, Fox chose to continue its history of raising false alarms over the nation's debt load.
Fox jumped on a baseless and easily debunked conspiracy theory about a Democratic politician just days before Election Day.
The Daily Caller caused a stir on October 14 by publishing a story promoting flimsy claims that Newark Mayor and New Jersey senatorial candidate Cory Booker does not actually live in New Jersey. In the article, writer Charles Johnson and "filmmaker" Joel Gilbert (more on him in a minute) interview a handful of Booker's "supposed neighbors" claiming he has "never" lived in Newark and may actually live in New York, but provide no substantial evidence to support their claims.
After the story was promoted widely by conservative online media and subsequently adopted by Steve Lonegan, Booker's opponent in this week's special senate election, it fell apart. Buzzfeed explains that while "there is no clear evidence to support claims Booker lives elsewhere," property records and other documentation suggest that he does, in fact, live in Newark.
Slate's David Weigel points out another reason the story doesn't pass the smell test: the involvement of Joel Gilbert. Gilbert -- the "filmmaker" whose interviews served as a central facet of the Caller piece -- is best known for Dreams from My Real Father, the documentary he released in 2012 arguing that President Obama is the secret love child of communist poet Frank Marshall Davis.
Weigel explains that the misfire on Booker may be "only the second-flimsiest story that [Daily Caller] has published about a New Jersey politician this year," following that publication's ill-fated series of stories claiming New Jersey Senator Bob Menendez had short-changed prostitutes in the Dominican Republic.
Despite the story being entirely unconvincing and coming in part from a disreputable conspiracy theorist, it of course made it into the Fox News bubble, because it targeted a Democrat. (Fox had previously heavily promoted the Caller's series on Menendez, as well.)
Fox News continued to hype the myth that the debt ceiling raises the national debt, smearing President Obama's comments at an October 8 press conference as false. In reality, the debt ceiling does not raise the debt or authorize additional spending, but instead enables the U.S. government to finance existing legal obligations.
Fox hyped a discredited report on federal disability benefits to falsely claim that the Obama administration purposely made it easier to claim disability in order to keep the unemployment rate low. In fact, it is harder than ever to receive benefits as the percentage of approved claims has fallen since 2007, and experts agree disability is not connected to a decrease in the labor force.
Major media outlets are pushing the narrative that the United States Department of the Treasury could prioritize payments to bond holders and select groups of recipients in lieu of an increase of the federal borrowing limit, also known as the debt ceiling, beyond October 17. This ignores Treasury Department officials and other experts who explain such prioritization is unworkable and legally dubious, and that default would still happen.
From the October 3 edition of MSNBC's All In with Chris Hayes:
Loading the player reg...
Fox Business host Stuart Varney believes that the ongoing government shutdown, while presenting no real threat to the economy, offers an opportunity to "punish" federal workers for "living on our backs."
On the October 2 edition of AM 560's The Big John & Amy Show, co-hosts John Howell and Amy Jacobson interviewed Fox Business' Stuart Varney and asked him about the government shutdown and its effect on workers and the economy. Varney stated, incorrectly, that the shutdown was not having an impact on financial markets or the greater economy before launching into a tirade against federal employees. When asked if federal employees deserved to be recompensed for lost wages during the shutdown, Varney had this to say:
HOWELL: Do you think that federal workers, when this ends, are deserving of their back pay or not?
VARNEY: That is a loaded question isn't it? You want my opinion? This is President Obama's shutdown. He is responsible for shutting this thing down; he's taken an entirely political decision here. No, I don't think they should get their back pay, frankly, I really don't. I'm sick and tired of a massive, bloated federal bureaucracy living on our backs, and taking money out of us, a lot more money than most of us earn in the private sector, then getting a furlough, and then getting their money back at the end of it. Sorry, I'm not for that. I want to punish these people. Sorry to say that, but that's what I want to do.
After co-host Amy Jacobson responded that "it's not the federal employees' fault" and that she hates to see them victimized by a political fight, Varney complained that in "the big picture" he is "getting screwed" by government workers who are "living large":
JACOBSON: But it's not their fault. It's not the federal employees' fault. I mean, that's what I'm sick of, I hate and it makes me anxious, to see people who are victimized because of a political fight.
VARNEY: I take your point Amy, it is not directly their fault, but I'm looking at the big picture here. I'm getting screwed. Here I am, a private citizen, paying an inordinate amount of money in tax. I've got a slow economy because it's all government, all the time. And these people are living on our backs, regulating us, telling us what to do, taxing us, taking our money, and living large. This is my chance to say "hey, I'm fed up with this and I don't miss you when you're on furlough." Sorry if that's a harsh tone, but that's the way I feel.
A reader tip contributed to this story. Thank you for your support and keep them coming.