Over at Newsbusters you can see the degree to which NBC/MSNBC will go in furthering the White House’s War on Fox News. Their post is excellent and highlights what happens when you see only what you want to see.

After running a breathless segment on how News Corp is profiting from tax refunds, they found out the truth was, uh, the opposite. Here’s the less-smug Schultz correction, but follow this link for the whole story:

We’d like to make a correction. Last night we told you News Corp. received $4.8 billion in tax refunds over four years, 2007 through 2010. The information from a Reuters article by David Cay Johnson was inaccurate. News Corp. actually paid $4.8 billion in taxes over those four years. In receiving News Corp.’s annual disclosure reports, Mr. Johnson made a mistake. A tax figure in parenthesis conventionally denotes a refund but not always. The error was confirmed to Mr. Johnson by a respected tax expert. Johnson has fully apologized and explained the mistake. No excuses.

Oh freaking brother. Amazing. Newsbusters then notes:

“No excuses” — how noble of you, Ed. Yet absent from both segments was any mention of General Electric, parent company of MSNBC — in other words, your boss prior to Comcast acquiring NBC Universal in January 2011 — paying no federal taxes in 2010. And by the way, $4.8 billion in taxes on $10.4 billion in profit is a tax rate of 46 percent — 11 points higher than the corporate tax rate of 35 percent. Which I’m sure is all the basis you need for yet another harangue against the wealthy as tax scofflaws.

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4 Comments | Leave a comment
  1. otlset says:

    He’s such a dummkopf. I bet Col. Klink throws him in the cooler for this!

  2. vdrum says:

    he’s an A$$.

  3. dennisl59 says:

    The article, from a 3rd source, was not fact-checked because it had the ‘bad news for News Corp, gotcha…” that MSNBC needed, to broadcast to their miniscule, fantatical audience. Yellow Journalism.

  4. FrankRemley says:

    Ed Schultz is the Joe Biden of broadcast media. He’s so dumb you can’t help but feel sorry for him.

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