On Sunday, Newsbusters’ Noel Sheppard posted a clip of CNBC’s Jim Cramer claiming that stock market could respond with “a gigantic rally off a Coakley loss and a Brown win” in the Massachusetts Senate special election. Sheppard’s post was picked up by the Fox Nation and the idea of Brown victory boosting stocks morphed into conservative conventional wisdom, with the Drudge Report boasting, “stocks jump on Mass. race fallout?”:
On Fox and Friends this morning, host Gretchen Carlson introduced a segment claiming that a Brown win would boost 401(k)s by suggesting that viewers should work to get Brown elected. “Well, you may want to make a call to Massachusetts and get some people out to the polls,” said Carlson. “That’s because our next guest, and a friend, says that your portfolio could look much better if Scott Brown wins.” Watch it:
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During the segment, Fox featured a chyron declaring: “What can Brown do for you? — A boost in your 401K may be in the cards.” As ThinkProgress has pointed out and Media Matters has documented, Fox News has boosted the campaign of State Sen. Scott Brown (R-MA), who has also benefited from the support of Wall Street investors.
Perhaps appropriately, Carlson’s “fair and balanced” advocacy for a Republican candidate comes just as Fox is chafing at White House Communications Director Dan Pfieffer for telling the New York Times that the network has “a point of view; that point of view pervades the entire network.”