Excluding Ron Paul Cost FOXNews $6 Billion
FOX News stock prices began falling on the day that they announced that Ron Paul would be excluded from the NH debates. They fell every day for the next 7 days losing a total of 10% or $6 Billion.
The stock did not stop falling and begin to rise until Jan 8th, the day that FOX News announced that Ron would be included in the SC debates. It shot up 4% in just two days.
In a kind of guilt by association theme, Time Warner and Viacom stock also fell almost 6% over the same time period.
Obviously, Ron Paul supporters did not have the power to cause this. It seems that many other Americans are concerned about manipulation by the media as well.
On a side note, wacko Bill O’Reilly’s behavior has transformed into a death wish. When an Obama aide stepped in between O’Reilly and Obama at a political rally in NH, O’Reilly uttered an obscenity and shoved the Obama staff member, and was soon flanked by Secret Service agents. He also has been pointing out that GE is selling aircraft parts to Iran. GE owns NBC and MSNBC and if you want to continue a career in the media, you just don’t point these things out. O’Reilly staffer, Jesse Waters, obviously caught up in Bill’s inferno, shoved a mike into the face of GE CEO Jeffrey Immelt while he was having lunch in New York demanding that he answer questions about the sales to Iran. Waters was promptly removed from the restaurant. Bill, Bill, Bill. Orchids or roses?