Bill O’Reilly Controls The Stock Market

Jed Babbin, the editor of Human Events, has written what may be the stupidest article of the year. In it he wastes 1200+ words arguing that GE/NBC is terribly upset with the prodigious success of its cable news network MSNBC. Obviously – anyone would be disturbed with a business enterprise that doubles its audience year after year. As evidence of the concern, Babbin introduces two “exhibits” to affirm his hypothesis.

Exhibit A is a letter sent by presidential counselor Ed Gillespie complaining about an interview of President Bush conducted by Richard Engle. Babbin doesn’t actually explain why whining by a White House crony demonstrates any discomfit in the halls of NBC’s executive suites. The fact of the matter is that it’s just another politician working the refs to try to get more positive coverage.

Exhibit B is the contention that Keith Olbermann has a relationship with his bosses. Why Babbin thinks that there is something extraordinary about the host of a network’s number one program receiving accolades from the network honchos is also not explained.

But the truly idiotic part of the column is Babbin’s assertion that Bill O’Reilly is responsible for the poor performance of GE stock:

“O’Reilly’s high-temperature criticism of GE and Immelt — calling him a “despicable human being” responsible for the deaths of American troops in Iraq — may even have contributed to GE’s stock slide. From a high of $42.15 on October 2, 2007, GE’s shares have lost 36% of shareholder value, closing last Friday at $26.83.”

That’s a lot of power that Babbin has placed in the hands of a lowly TV blowhard. However, GE’s stock is not alone in suffering severe losses. Maybe Babbin hasn’t heard that the economy is near (or in) a recession. Perhaps he has also not heard that the stock of News Corp., the parent of Fox News is itself down 38% – even worse than GE. Is that also the work of Market Magician O’Reilly? Or has Olbermann been casting counter-spells of his own?

Indeed, O’Reilly has been tough on GE, NBC, MSNBC, and Jeff Immelt (although O’Reilly will never utter the name Olbermann). Just last week O’Reilly wondered how Immelt kept his job. Does he also wonder how Fox News chief Roger Ailes keeps his? At least MSNBC has been increasing their viewership, while the Fox News audience has been cratering. But the extremity of O’Reilly’s pique goes even further with overt threats aimed at GE’s CEO:

“That Immelt man answers to me…That’s why I’m in this business right now, to get guys like that.”

And lest you dismiss O’Reilly’s intent, he has made it clear that he is serious:

“[T]here is a huge problem in this country and I’m going to attack that problem. I’m going to attack it. These people aren’t getting away with this. I’m going to go right where they live. Every corrupt media person in this country is on notice, right now. I’m coming after you…I’m going to hunt you down […] if I could strangle these people and not go to hell and get executed…I would.”

[For more on O’Reilly’s sociopathic paranoia, see The O’Reilly Fear Factor: Collected Verses]

Babbin concludes his article by attempting to foment an insurgency within the ranks of NBC News. He advises NBC journalists to issue ultimatums directed at the NBC brass and, if they do not get satisfaction, to resign forthwith. I’m not sure why anyone would take advice from the likes of Babbin. He has proven with this article to be intellectually deficient, and a poor editor to boot. But one person has already taken advice proffered in this column. John McCain has initiated a Truth Squad,” and staffed it with well known liars. I guess that’s something Babbin can take comfort in.

Bill O’Reilly: No Peabody For You

Little Billy O’Reilly is poor loser (or just a loser, period). The delusional narcissism that prompted him to falsely claim that he had won two Peabody awards a few years ago has swelled to consume an ever greater portion of his diseased ego. For the record, O’Reilly has won precisely zero Peabody’s. He later claimed that he meant Polk Awards, but he never won of those either. Inside Edition, which O’Reilly hosted for a spell, did win a Polk Award, but that was two years after O’Reilly had left the program.

[For more on O’Reilly’s dementia, see The O’Reilly Fear Factor: Collected Verses]

A few weeks ago, the most recent collection of Peabody honorees were announced and O’Reilly was, of course, not on the list. Why would he be? The purpose of the Peabody’s are to…

“…recognize distinguished achievement and meritorious public service by TV and radio stations, networks, producing organizations, individuals and the World Wide Web.”

Nope. Nothing in there describes Bill O’Reilly. So, consistent with the nature of his personality disorder, he is now striking back at the offending academics who fail to recognize his superiority.

The envy is so thick it could be smeared with a loofah. O’Reilly has used his “Reality Check” segment to advance his fantasies. He no doubt gets great pleasure from disparaging his nemesis, Bill Moyers, who has won ten Peabodys. But he goes further in attempting to discredit the entire enterprise by asserting that it is a bastion of liberalism. Unfortunately, O’Reilly just ends up providing more evidence for why he is unqualified for this award.

In labeling the program’s director, and nine other board members, as liberals (he says two are conservative), O’Reilly offers no evidence for the claim. However he does mangle the facts related to the board’s composition. There are sixteen members, not twelve, as O’Reilly says.

Now we can add the Peabodys to the growing list of O’Reilly’s enemies: Al Franken, Keith Olbermann, NBC, MSNBC, GE, Jeff Immelt, Newsweek, San Francisco, DailyKos, CNN, Paul Krugman, Brian De Palma, Cindy Sheehan, Ludacris, Howard Dean, Ariana Huffington, Dumbledore, plus those inducted to his fearsome Hall of Shame.

What must really hurt is that amongst the winners this year was an upstart from Comedy Central, Stephen Colbert. So the guy who plays a character mocking O’Reilly is honored with the most prestigious award in journalism, and O’Reilly is reduced to mocking the institution:

“”[W]e’re sure the judging is fair and balanced. Party on, Peabody guys.”

Party on, Bill.

News Corpse Presents: The ALL NEW 2nd volume of
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Bill O’Reilly Wants ALL Of Iraq’s Oil

As if Bill O’Reilly hasn’t given us enough evidence of his stupidity, he is now advocating a plan of his own design that, in effect, calls for Iraq to turn over 100% percent of its oil production to the United States.

“So far, the American taxpayer has forked over more than $500 billion – $500 billion – to give the Iraqi people a chance at freedom. That country’s now pumping 2.5 million barrels of oil a day. So why isn’t Iraq giving the USA an oil price break?”

OK, pay attention Bill. The U.S. consumes about 20 million barrels of oil a day. So if Iraq sent ALL of its oil to the U.S. for FREE, it would only meet about 10% of our needs. So how will a mere price break on just some of their oil impact prices? Obviously it would be insignificant. And that says nothing about the need for Iraq to use the revenue from their own natural resources to rebuild the nation that we destroyed. Without that revenue, who do you think will pay for that reconstruction? American taxpayers, of course, who have already footed the half trillion dollar bill that O’Reilly is so outraged by.

The media, as usual, is failing to provide context to this story. They continue to confuse rebuttal with balance. Juxtaposing facts with lies does not advance the practice of balanced journalism. So when it is factually reported that all of the untapped domestic offshore oil reserves would produce only 18 billion barrels of oil, and that that amount would last for just two and a half years, and wouldn’t even come to market for twenty years, it is irresponsible to counter those facts with the partisan statement of an ignorant president who asserts, without foundation, that new offshore drilling will result in immediate relief from our current gas price dilemma.

Plainly the media has no problem being irresponsible. And O’Reilly is the poster child of The Misinformation Generation.

Media Is Changing. Get used To It!

The National Conference on Media Reform is presently underway in Minneapolis, MN. If you are fortunate enough to attend you will encounter an inspiring array of media professionals, critics, activists, and others who recognize both the threat and the potential of the modern media infrastructure. If you cannot attend, stay informed by visiting the Conference website.

The mission of the Conference, and its sponsor FreePress, is to build a movement to recreate media as an institution that serves the interests of the people, not the powerful. Such a movement will generate some blowback, as evidenced by Howard Rosenberg’s column in today’s Los Angeles Times. Rosenberg’s article inadvertantly exposes the tender underbelly of his generation’s dismay toward the transforming media landscape. Tucked into a piece that is, on the surface, a critique of Keith Olbermann’s Countdown, it is really an unveiling of the fears of a passing era of journalism.

Rosenberg starts by characterizing the Olbermann model, which he calls a “snide act,” as consisting primarily of smug histrionics, relentless needling, and shameless self-puffery. He also lays into Bill O’Reilly, but contends that the difference between them, in terms of the threat they pose to journalism, is that there will only ever be one Bill O’Reilly, while another Olbermann can be reproduced by anyone with a fairish sense of humor. [Note to Rosenberg: If you think O’Reilly is unique, you might want to do some further study on the subject paying particular attention to Sean Hannity, Glenn Beck, Rush Limbaugh, Laura Ingraham, Michael Savage, Ann Coulter, Hugh Hewitt, etc.] But the real message in Rosenberg’s column is summed up in a single paragraph that is dripping with the lament of one who senses that his time is past.

“Is this to be the standard during this period of media transition? What do we have, a few years at best, maybe 10 before news goes all Internet all the time and moves to fingernail-sized screens that we read with a magnifying glass? Technology-driven change is transforming news media, and news consumers, at warp speed. How many years before newspapers like this one are available in present form only as antiquities, like the illuminated manuscripts on display under glass at the Getty Center?”

Yes, Rosenberg is afraid that the Internet will soon make obsolete the media environment in which he has grown so comfortable. He is suspicious of a transformation that is moving too fast for his liking. He fears that he and his kind will be relegated to the musty corridors of museums. And he even shudders at the notion of a news platform that strains his aging and failing eyesight.

Get used to it, Mr. Rosenberg. Media is changing. Those with influence in the past will find their power waning. New generations of news makers and consumers will define the next phase of journalism. There will be bumps in the road but, if we’re smart and strong, it will result in more honest, more diverse, and more democratic reporting. It will expand perspective and access. And it will diminish the role of giant, nation-less, corporate enterprises, more beholden to profit and their benefactors in government, than they are to their readers, listeners, viewers, and the public good.

Media reform is essential to the progress of every other social movement. No matter what issue ranks highest for you personally, you will need an ability to educate and inform the world as to your goals. Consequently, if you hope to be successful, you must devote at least part of your time to shaping the media into a useful, unbiased, and accessible tool for change.

Tax Cheats: Bill O’Reilly And Roger Ailes

The anti-Keith Olbermann blog OlbermannWatch has been pounding the pavement with a bogus story of tax evasion on the part of MSNBC’s star host. Now the Associated Press has picked up the item citing OW as its source. The network responded to the allegation prior to the AP’s report:

“MSNBC spokesman Jeremy Gaines called it a bookkeeping disagreement between Olbermann’s accountants and the state and said it was resolved months ago.”

That didn’t stop the AP from going forward with the dubiously sourced story. And it certainly hasn’t put an end to OW’s squawking. But I have to wonder whether either will follow up their accounts with the news that Fox News chairman Roger Ailes also has a warrant that was issued three years ago for his Ailes Communications, and is still unsatisfied. Not only that, but Ailes’ star bloviator, Bill O’Reilly, had a warrant issued in July of 2002 that was not resolved until April of 2004. For the record, Olbermann’s tax dispute was concluded in less than one year. And then there’s O’Reilly’s favorite guest, Fox News commentator Dick Morris, who owes a whopping $280,000, and is on the Connecticut Department of Revenue Services’ top 10 list of tax delinquents.

The truth is that, with the exception of Morris, all of these are non-stories. These sort of disputes arise routinely in business as accountants wrangle over tax law interpretation and taxpayers seek to minimize their burden. But if the media is going to report on any of it, they should get the whole story and not rely on obviously biased sources with an agenda to peddle.

The Rise Up Of Countdown

Another month, another dismal performance by Fox News who, once again, wins the trophy for “Slowest Growing Cable News Network.” The redundancy of this news compels me to search for some other ratings story so as not to bore myself. Fortunately, I’ve found a couple.

Countdown Rise Up

For most of the past half dozen years, Fox has enjoyed an almost uncontested dominance in the presentation of what is generously called news. Much of the credit goes to the bombastic pedagogy of Bill O’Reilly whose patented brand of obnoxiousness nevertheless found its audience. But in the past year the bloom has fallen from the amorphophallus titanum. The Factor is now showing both age and fatigue.

In the past year, Keith Olbermann’s Countdown has more than doubled its audience, growing 112%. O’Reilly eked out a pitiful 13% gain despite this being an election year that normally draws viewers in droves. Factor defenders routinely dismiss talk of growth percentages as not reflecting realities in the market. So if they want to talk about actual numbers of viewers, the past year also shows that O’Reilly, who used to beat Olbermann by a whopping 113%, is now only 13% ahead. This places Countdown squarely in contention for ratings victories that used to be considered fantasies. In fact, Countdown did beat the Factor six times in May. On several occasions it was the highest rated program on any cable news network in all of prime time.

What’s left of O’Reilly’s audience is still a sizable chunk of viewers. But if you take a closer look at the composition of the “Folks,” the myth of the Factor being some sort of TV phenomenon is indisputably busted. The portion of his audience that is in the 25-54 year old demographic preferred by advertisers is 21%. Fully four out of five of O’Reilly viewers are considered to be of little value to the advertisers that determine whether a show remains on the air. That compares to 38% for Countdown. So while Countdown still has fewer total viewers than the Factor (for now), it is a richer source for the most highly prized sector of the audience. It’s also interesting to note that O’Reilly’s demographic weakness is even worse than Fox News overall, whose total day draw of 25-54 year olds is 25% (38%, same as Countdown, for MSNBC).

By all accounts, the rise of Countdown has been extraordinary and its competitors have taken notice. The controversy that erupted last month between Fox executives and their NBC/GE counterparts is one example of how the theater of battle has expanded. Another example is the perplexing behavior of O’Reilly during his interview of former Bush press secretary, Scott McClellan. O’Reilly spent a majority of the time ignoring questions about McClellan’s controversial new bestseller, in favor of probing partisan reactions to the book in the press and McClellan’s decision to appear on other news programs before the Factor. O’Reilly battered McClellan with assertions that he was just a dupe of the left, he called McClellan “crazy,” and then put forth this inquiry:

“I watched you last week promoting the book on some of the most notorious Bush haters in the country. And you were on their programs. And I — didn’t it make your skin crawl?”

The only venue wherein that could be considered a serious question is safely huddled in the hearth of O’Reilly’s dementia. The real purpose of O’Reilly’s absurd line of questioning is to try to discredit his perceived enemies – aka, his competition. Notorious Bush haters is O’Reilly-ish for Keith Olbermann. It’s notable that whenever Olbermann casts aspersions on O’Reilly, he does it with a wink and a smile. But O’Reilly is so deadly serious about the hate America lefties that he seems to be ready to spontaneously combust. It is a classic exhibition of the symptoms of acute desperation and paranoia.

The problem for O’Reilly now is that everything he does to retard his decline just makes him look more retarded. The end is nearing, but he will never be able to admit that to himself. And when they carry him out of the studio insisting that he is still important, half the nation will be giggling, and the other half will be saying, “Bill who?”

Update 6/10/08: An MSNBC press release states that “MSNBC continued its ratings surge last week, with viewers flocking out of the “No Spin Zone” and to “The Place for Politics.” For the first time ever, MSNBC’s “Countdown with Keith Olbermann” was the #1 show at 8 p.m., out-drawing Fox News’s “O’Reilly Factor” head-to-head among Adults 25-54.” That 1st place milestone is for the whole week. Countdown has topped the Factor an several occasions this year on a nightly basis.

Murdoch Unleashes O’Reilly, NY Post On Keith Olberman

The ongoing melodrama featuring MSNBC and Fox News is heating up again and reaffirming Fox’s status as the scum suckers of news.

Two weeks ago, Howard Kurtz of the Washington Post gave readers an insiders view of the conflict that centers around the blood feud between Keith Olbermann and Bill O’Reilly. The battle lines have extended all the way up to News Corp. executive offices, including Rupert Murdoch’s. In the Kurtz column he quoted Fox chief Roger Ailes threatening his counterpart, Jeff Zucker, at NBC:

“Ailes warned that if Olbermann didn’t stop such attacks against Fox, he would unleash O’Reilly against NBC and would use the New York Post as well.”

Since then, as promised, Bill O’Reilly has devoted his Talking Points Memo to an assault on NBC/GE, calling them biased, dishonest, disgraceful, and responsible for the deaths of American soldiers in Iraq. Without a hint of irony, he said that NBC “has violated just about every journalistic standard.”

The New York Post has also been answering the call. On May 19, their Page 6 gossip monger, Richard Johnson, asked if Olbermann was “on the verge of yet another professional meltdown?” Today the same Ailes apple polisher flatly asserts that Olbermann has not paid his taxes. Johnson’s source is the utterly disreputable attack dog site, OlbermannWatch. This allegedly factual assertion is made despite the fact that it is contradicted a few lines down in the very same paragraph. But that doesn’t stop Johnson from raising additional questions about other similarly resolved tax disputes. The only purpose imaginable here is to slander with innuendo and outright falsehoods.

What’s worse is that Johnson took the opportunity to engage in an act so despicable it even reflects badly on a rag like the NYPost. Without any justification or connection to the bogus tax story, Johnson published what appears to be Olbermann’s home address. The irrelevance to the rest of the column is so stark that it jumps off the page in a fit of superfluosity. This can only be regarded as an intentional and hostile attempt to bring discomfort, and perhaps harm, to Olbermann. And coming so soon after the Ailes threat, it is difficult to arrive at any other conclusion.

Let Johnson and the Post know that this is unacceptable from both journalistic and moral perspectives:

NYPost email:
Page Six: Richard Johnson
Letters to the Editor

Fox News On O’Reilly vs Olbermann: If You Stop, We’ll Stop

Howard Kurtz has a revealing backgrounder on the battle between Bill O’Reilly and Keith Olbermann. O’Reilly, who has a superstitious aversion to saying Olbermann’s name, has directed his attacks at NBC, calling its chairman, Jeffrey Immelt, “a “despicable human being.” He even blames Immelt for the deaths of American soldiers in Iraq. The sad reality is that Ailes, O’Reilly, and Fox News are far more culpable for the tragedy that is Iraq via their persistent disinformation and cheerleading for the war.

Kurtz reports on conversations between Fox News president Roger Ailes and NBC CEO, Jeff Zucker. Ailes is reported to have jumped in swinging at Zucker:

“Ailes warned that if Olbermann didn’t stop such attacks against Fox, he would unleash O’Reilly against NBC and would use the New York Post as well.”

Unleash O’Reilly? Wouldn’t they need a permit from the Department of Animal Control for that? It’s interesting that Ailes openly asserts that he exercises editorial control over both O’Reilly’s program and the New York Post, for which he has no executive responsibility. NBC is to be lauded for their refusal to similarly impose such controls on Olbermann.

While Ailes is violating every tenet of journalistic independence, O’Reilly is behaving like the bully he is known to be. And worse, he is rapidly spinning into the Delusions of Grandeur Zone:

“That Immelt man answers to me. . . . That’s why I’m in this business right now, to get guys like that.”

O’Reilly’s claim to domination of GE’s CEO is both pathetic and laughable. The Factor averages about 2.5 million viewers a day. NBC Nightly News does three times that. The Today Show more than doubles O’Reilly’s numbers. The idea of Ailes and O’Reilly pushing NBC around makes no sense. But that never stopped O’Reilly before.

Now it appears that Ailes is already making good on his threats. The New York Post’s gossipy Page Six is asking whether the “notoriously odd” Olbermann is “on the verge of yet another professional meltdown?” That’s funny coming from the notoriously disreputable Post, and particularly Page Six, which has a history of publishing false items and hiring corrupt columnists.

Bill O’Reilly’s Dementia: Caught On Tape

O'Reilly Fear FactorI may have been a little too hard on Bill O’Reilly in my past assertions of his crumbling mental state:

“…all that will be left for us is to watch with a sickly curiosity because he is beyond us now. He has reached that destination about which he cautioned us a thousand times while pointing menacingly. He has finally and irreversibly entered a Zone that is thoroughly devoid of Spin – or, for that matter, reason or sanity.”


Apparently this is not a developing problem. Apparently he has been insane all along:

[YouTube pulled the first version of this video due to “a copyright claim by CBS.” Now there are 40+ versions of it on YouTube. In case they all get pulled, you can still view this must-see video at Gawker]

Bill Don’t Block the Shot O’Reilly is a TV studio massacre waiting to happen. Fox should issue Kevlar vests to all Factor employees. The irony is that, after making millions off of his dementia, O’Reilly would go out providing Fox with exactly the sort of blood-stained tabloid story they feed on.

See also The Collected Verses for more O’Reilly insanity.

Clinton And Obama On Fox News: A Damage Assessment

Clinton on O'ReillyHillary Clinton’s rendezvous with O’Reilly is now history. All that is left is to try to assess the damage and establish what lessons were learned.

The Damage: Bill O’Reilly’s ratings leaped 81% in total viewers and 43% in the 25-54 demo (two night average). That is a massive, though temporary, increase and it will have the effect of inflating his average over time. I’m assuming that the bulk of the new viewers were Clinton supporters, curious independents, or morbid voyeurs hoping to observe a train wreck. It is highly unlikely that these numbers will endure. Last year I did an analysis that showed that Fox News viewers were more loyal to the network and its stars than they were to Bush or Republicans: The Cult Of Foxonalityâ„¢. O’Reilly’s base audience will quickly return to normal, probably tonight. (For the record, The Factor’s ratings dropped significantly from part one of the Clinton interview, to part two. There was a 12% decline in total viewers and a 26% drop in the 25-54 demo).

However, the damage is done. O’Reilly gets his ratings spike, bragging rights, and legitimacy transferred by osmosis from Clinton. Clinton gets nothing. O’Reilly’s base audience is firmly predisposed against her. The visiting viewers have all had plenty of opportunities to see her on other networks. So if you’re scoring it’s O’Reilly: 1.2 million (viewers) – Clinton: zero.

Clinton on O'ReillyThe Lessons: Now that both Clinton and Obama have capitulated to Fox News, will Fox abandon their crusade to defeat Democrats? Hardly. Consider a couple of the classic taunts frequently leveled at Democrats by Foxies:

“If you can’t deal with Fox how can you deal with Iran or Al Qaeda?”

Now that the Democrats have dealt with Fox, will Fox announce their confidence in the Democrats’ ability to deal with terrorists and hostile nations?

“The Democratic Party is held hostage by “far-left, liberal interests groups” like MoveOn, DailyKos, and MediaMatters, who pressure them to reject Fox.”

Now that the Democrats have accepted Fox, proving that these groups are not controlling them, will Fox cease to make these accusations? Will they refrain from disparaging our patriotism? Will they stop insinuating that we’re socialists? Will they present honestly our positions on war, faith, global warming, health care, etc.?

Clearly the answer to the questions above is “No on all counts!” In fact, the reversion to form has already begun. Chris Wallace can hardly contain his glee that the Democrats have folded. This morning he explained to the Fox & Friends crew why he was in such a good mood:

“…after all the boycotting, after all the huffing and puffing, [the Democrats] have found their way to Fox News, and you know, it’s really fun to watch, and particularly to watch the heartburn among the left-wing base – the anti-war, the MoveOn.org, they can’t stand it.”

In this spew of triumphant ecstasy, Wallace has just admitted his own personal bias against a broad swath of progressive citizens. And, shockingly, it is not just a political bias. He is actually deriving pleasure from the pain of the ideologically diverse majority of Americans who oppose the war. Indeed, he is laughing at them … at us.

He also joked with F&F that John Edwards’ poor performance in the presidential race is somehow attributable to his refusal to go on Fox? By that logic, Obama’s and Clinton’s success in the race is likewise attributable to their refusals to go on Fox. They only just agreed to appear this week, so all of their prior success was achieved without Fox and, therefore, due to its Foxlessness.

O’Reilly has been in just as good a mood as Wallace.

“The greatest thing about this interview . . . is that it’s emasculated all these far-left extortion types like MoveOn and the Kos, which threatened Hillary Clinton and threatened Barack Obama and all the other Democrats.”

So the greatest thing to O’Reilly is “emasculate[ing] all these far-left extortion types.” The most fun for Wallace is “watch[ing] the heartburn among the left-wing base.” It should be noted that the number of members of MoveOn and DailyKos alone exceed the number of viewers of many of Fox’s programs. And there is much more to the liberal base than those two examples. From what part of this should Democrats and progressives draw comfort? Fox doesn’t care about the interview. They don’t care about informing the public. They only care about how badly they can cripple their enemies.

Bill O’Reilly, Chris Wallace, Brit Hume, et al, were flailing pathetically when they were being ignored by the cool kids. We were having a real impact on their ratings, their revenue, their reputation, and their respiration. It was unwise to loosen the screws at this time. Hopefully, after having seen how they’ve reacted to our largess, our Democratic representatives will realize that Fox News is unfriendly and untrustworthy. They will whine about not being invited to the party, but will break all your furniture when you admit them. Then the whining will begin all over again.

Just stay the HELL off of Fox News!