What Liberal Media? Coverage Of Reid Land Deal Greater Than Coverage Of Similarly Questionable Hastert Deal
CNN has given 50 times as much coverage to a controversial land deal by Senate Minority Leader Harry Reid’s (D-NV) than to a land deal made by House Speaker Dennis Hastert (R-IL).
Meanwhile, Fox News Channel has mentioned the Reid land deal nine times, but has brought up the Hastert deal just three.
Strangely similar numbers, no?
Over on Fox News, Sean Hannity told Bob Novak that “you don’t see as much in the newspapers about this [the Reid land deal], Bob Novak, and I wonder if it would be the same if it was a Republican.”
But as the Center for American Progress notes: "(I)n reality, the media have extensively covered the Reid land deal, while ignoring the $207 million earmark House Speaker Dennis Hastert inserted into the 2005 highway bill that greatly increased the value of his property in Illinois."
According to the Center, Hastert made an astounding 136 percent a year on what he invested, whereas Reid made an annual return of 29 percent, probably quite typical of the profits made by other Las Vegas real estate investors during the same period.
Reid immediately apologized for the oversight lapse and amended his 2001 disclosure forms. Hastert, on the other hand, has done nothing.