Here is the gist of it.
Fox defended CEO bonuses whose companies were rescued with tax payer money because millionaire CEO's overwhelmingly vote Republican. Fox defended the extension of Bush tax cuts to people making over $250,000 a year because, as Stewart sums up, Fox portrayed such people as barely scraping by. Oh and they also just so happen to vote Republican. And don't forget every single anchor or pundit at Fox News makes over $250K/year, so the Bush tax cuts greatly benefited them, who they portrayed as regular, everyday people rubbing nickels together.
But school teachers?? They are union members who tend to vote Democratic so their right to exist is equivalent to destroying America. They are greedy for defending their right to collective bargaining. And they are thugs for protesting a Republican's decision to deny their existence.
Fox's portrayal would not be a big deal if it were not the most watched news channel in America. Since it is, their coverage is tantamount to a political contribution to the GOP.
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