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Networks Hype Credit Companies Abuse

ByJulia A. Seymour     All three network evening news shows used extreme examples about “abusive” credit card company practices on March 7, but only one even suggested cardholders should make...

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CNN Blames Lenders For 'Credit Crisis'

ByJulia A. Seymour ByRachel Waters     In debt? Don’t worry, you won’t be blamed by CNN’s “In the Money” team.      On March 10, the CNN show featured an interview with James Scurlock, maker of the...

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'World News' Criticizes Faith-Based Financial Adviser for Being Anti-Debt

ByJeff Poor     Striving to pay down debt might sound like a good idea, but to ABC “World News,” it means “radical belt-tightening.”     The February 3 “World News Sunday” featured the financial...

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ABC 'World News' Goes after Credit Card Companies

ByJeff Poor     Take an anti-credit card lending activist, one liberal congresswoman and a disgruntled credit card holder, and you have the stacked deck against lenders that ABC used on February 11....

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ABC's Cuomo Goes after Credit Cards

ByAmy Menefee     The sympathetic, struggling cardholder. The anti-credit card company activist. The heartless business and the beleaguered industry representative. Check, check and check – but “Good...

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ABC Uses Weird Non-Customer Example to Attack Credit Card Companies

ByNathan Burchfiel     Credit card companies are out to get you – even if you don’t have a credit card, according to the May 29 ABC “Good Morning America.”       “You’ve heard of a no-win situation...

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ABC Warns of Credit Card 'Addiction'

ByKelly Brown     When credit card companies “just make it so easy,” people become addicted to debt. That’s what “Good Morning America” reported on the June 11 show.        “With the increased costs...

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ABC Links Credit Card Companies to College Suicides

ByKelly Brown     Credit card companies – not irresponsible borrowers – are to blame for the debt that college students rack up, according to ABC’s “Good Morning America.” Consumer correspondent...

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ABC Goes After Online Businesses for 'Hidden Fees'

ByKelly Brown     Online shoppers aren’t smart enough to avoid giving away their credit card information to pop-up ads, at least according to ABC’s “Good Morning America.”      “Some pop-ups on your...

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Dear NY Times: Bailouts Undermine Themselves

ByDonald J. Boudreaux, Ph.D.Editor, The New York Times620 Eighth AvenueNew York, NY10018 To the Editor:Editor, The New York Timesread more

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'Evening News' Supports Obama 'Reform,' Complains about Credit Card Fees

ByJeff PoorOn the heels of President Barack Obama’s weekend radio address, where he lobbied for so-called credit card reform, “CBS Evening News” chimed in calling the legislation “help” for small...

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NBC Contradicts Itself on New Bill to Protect Consumer; May Hurt Students...

ByIris SombergNBC’s coverage of a new bill that restricts credit card companies has been riddled with contradictions – first attacking companies for taking advantage of young people, then admitting...

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Dear WTOP: 'Swipe Fees' Don't Rip off Consumers

ByDonald J. Boudreaux, Ph.D.News Editor, WTOP Radio<?xml:namespace prefix = o /><?xml:namespace prefix = st1 />Washington, D.C.Dear Sir or Madam:Interviewed this morning by Bruce Alan and...

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'Today' Praises Bank of America's New Overdraft Policy, Fails to Explore...

ByAnthony KangNBC’s “Today” gave backhanded praise to Bank of America (BofA) on March 11 because of its decision to stop charging overdraft fees for debit-card transactions.“This is clearly an effort...

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