Here are today's news items from Media Matters for America, click on the title or 'read more' to read the entirety of each story. Varney falsely claims Obama "gave" $100B in "taxpayer dollars" to IMFFox business analyst Stuart Varney claimed that "our taxpayer money ... is bailing out the Greeks right now" because President Obama "gave" $100 billion in "American taxpayer dollars" to the International Monetary Fund (IMF). In fact, Obama did not "give" the IMF money; rather, he requested -- and Congress approved -- a line of credit that involves "an exchange of assets" and not "an expenditure." Read More Right-wing media attack Obama over "unambiguously ... strong" jobs reportRight-wing media have highlighted April's increase in unemployment to attack President Obama's economic policies. But the monthly increase in payrolls was the largest in four years, and the unemployment uptick reportedly occurred "mainly because 805,000 jobseekers -- perhaps feeling better about their prospects -- resumed their searches for work." Read More |
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