Two CNBC alums say network stopped them from telling truth about Obamacare, Obamanomics

Two CNBC alums say network stopped them from telling truth about Obamacare, Obamanomics

During her Friday program on the “Fox Business Network,” Melissa Francis made a truly scandalous revelation. She told the cameras that when she worked at CNBC, she and another employee who has since moved over to Fox, Charles Gasparino, were called into the office of Jeffrey Immelt, the head of GE, which at the time, owned CNBC, for a discussion of whether the network was being fair to President Obama and his economic policies.

Francis provided the back story of what prompted the visit to the woodshed:

When I was at CNBC, I pointed out to my viewers that the math of Obamacare simply didn’t work. Not the politics by the way; just the basic math. And when I did that, I was silenced.

I said on the air that you couldn’t add millions of people to the system and force insurance companies to cover their preexisting conditions without raising the price on everyone else. I pointed out that it couldn’t possibly be true that if you like your plan you can keep it. That was a lie. And in fact millions of people had their insurance canceled.

Francis brought in Fox media analyst Howard Kurtz, who said he wasn’t surprised by the bias, just that it was so blatant.

She also invited Gasparino to offer his account:

I quite frankly am surprised. I — listen I’m not surprised by liberal bias. I worked in the mainstream media throughout my career. I’m right of center. I never held back my feelings about, I’m a devote’ of the free markets, never held back on that. I seen the way it works, usually as Howard says, a lot more subtle. I will say this though; I know Mark Hoffman runs CNBC. I actually think he is a decent guy. I know Nick Yogan who runs the news, runs news operations, decent guy.

But I will say this, and here is one of chilling aspects working in the mainstream media. Two points. When I was at “Newsweek” when it looked like the exit polls were in and George W. Bush was going to lose to John Kerry, people were doing high fives in the newsroom. I’ll tell you that, that’s one.

The second thing is, there was a thing, at CNBC, right after the elections when President Obama first took office, the markets were getting crushed. The markets were scared about Obamanomics and his ability to lead. Tim Geithner didn’t lend a lot of courage and confidence in the markets. And we as a network started talking about that. No sooner did we talk about that, than Jeff Immelt the head of GE, which owned CNBC at time called a meeting of senior people, including mostly anchors. Didn’t call me, thank God. And they basically had a talk, a discussion about whether CNBC was being fair to the president. We should point out that GE got a lot of largess, received a lot of largess from the Obama administration over the years. Now did they tell you during this, did they tell the people during this meeting, go easy on Obama? No. But you know there is a chilling effect when your boss calls you in, says, not just your boss, the head of GE, everybody is sitting around and you’re saying, oh, are we being fair to the president by pointing out that his economic theories make no sense or whatever we were doing? And you know that is the mainstream media. You know people attack Fox all the time and we give the other side all the time?

Here is a video clip of the segment, which opens with the now-infamous comments by Jonathan Gruber on how Obamacare was crafted in a way that would deliberately confuse “stupid Americans.”

Cross-posted at The Lid

Jeff Dunetz

Jeff Dunetz

Jeff Dunetz is editor and publisher of the The Lid, and a weekly political columnist for the Jewish Star and TruthRevolt. He has also contributed to, HotAir, and PJ Media’s Tattler.

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