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What The Media Tell
Americans About Free Enterprise
Kudos
At their best, the
morning news shows, with their interview segments, can go into more
depth on an issue than the evening newscasts. This was the case
recently on ABC's Good Morning America. On June 9, co-host
Kevin Newman interviewed Jim Cramer of TheStreet.com and ABC News
computer editor Gina Smith about the Federal Trade Commission's
antitrust case against computer chip manufacturer Intel.
Cramer presented a
viewpoint many network viewers probably hadn't heard. "I think this
is a case that will last on and on and on and distract a lot of the
people who run that company and do a great job," he said. "And in
the end nothing will come of it because there is no way that anybody
else can make these chips as well as Intel."
While Smith argued that
Intel was abusing its dominance of the chip market, Cramer noted
that "Intel has historically shared its plans" and yet other
companies "couldn't measure up." According to Cramer: "Intel has cut
their prices and given you a faster, better chip every single year."
— Rich
Noyes
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