Media And Information Bias With David Scranton – January 10, 2016

Guest: Dan Gainor
The Income Generation With David J. Scranton
Peter Morici: The reality is though is that Mr. Obama would be limited to spending only as much taxes come in so would force a balanced budget almost immediately that is a manageable proposition. So to say the Republicans are responsible is absurd but unfortunately, who’s ever present in the United States gets to set the terms of the debate by virtue of the bully pulpit. And he’s got America convinced that somehow that we’re going to renag and welch on our debts. Nothing could be further than the truth, the only person that can determine whether we renag or welch on our debts if we don’t raise the debt ceiling is the president of the United States.
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David Scranton: First of all, can you tell us what the Media Research Centers primary mission is?

Dan Gainor: Well, we’re a conservative media watchdog and it’s our job to both identify and then neutralize left wing bias in the media. We’ve been around for more than twenty-eight years and we are probably the largest archive you’re going to find this side of the Library of Congress for video. we’ve got I think the last number is close to six hundred thousand hours of video and that means that we’re monitoring ABC, CBS, NBC, CNN, Fox, MSNBC and not just for news but also for entertainment. because one of the things we found over the years is that the bias in the media is in all aspects of media and you’ll see that…you’ll see that it attacks on conservative issues, you see it attacks on business men you’ll see you know T.V. shows where there were always targeting businessmen as villains. And the free market system and our country as somehow evil but one of the things we’ve learned over time is that essentially American public has lost faith in the media and there’s good reason for that.

David Scranton: Alright, fair enough that’s a great explanation for viewers you know why do we need a media watchdog and why can’t the media…?

Dan Gainor: I’ve been… I spent decades in news. I mean I spent decades in the news before I came into this job and I can tell you that on every major issue of the day journalists have opinions that they let creep into their news copy. that’s who their friends with, who they go to… who they socialize with, how they vote that all creeps in and it ends up undercutting people’s opinion. If you look at the opinions going year by year using the Pew Center for People in the press the opinions of the major media have been pretty much on a steady decline for years. And the reason for that is people now have a better sense of what’s going on in their media, they turn on T.V. they can then watch it and Twitter. Watch it on Facebook and then get real-time reaction and when they do that they realize just how disastrous what they’re being fed really is. And the net result is if they’re… if who watches the watchers?

**Disclaimer: Sound Income Strategies, LLC is a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.