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Thursday, July 07, 2005


Fox "News" Part 2: Hume on London Bombing "my first though... personally... time to buy" Futures

Posted by Frankie at 7/07/2005 06:31:00 PM

Again, thank you Media Matters for watching Fox "News" today for Republican Britt Hume's initial "personal" reaction from the London terror bombing of today. Hume's "first thought" (with his red white and blue lapel pin) was with the stock market and "time to buy" futures. Just sick...

From Fox News' July 7 breaking news coverage between 1 and 2 p.m. ET:

SMITH: Some of the things you might expect to happen, for instance, a drop in the stock market and some degree of uncertainty across this country -- none of that really seen today, and I wonder if the timing of it -- that it happened in the middle of the night and we were able to get a sense of the grander scheme of things -- wasn't helpful in all this.

HUME: Well, maybe. The other thing is, of course, people have -- you know, the market was down. It was down yesterday, and you know, you may have had some bargain-hunting going on. I mean, my first thought when I heard -- just on a personal basis, when I heard there had been this attack and I saw the futures this morning, which were really in the tank, I thought, "Hmmm, time to buy." Others may have thought that as well. But you never know about the markets. But obviously, if the markets had behaved badly, that would obviously add to people's sense of alarm about it. But there has been a lot of reassurance coming, particularly in the way that -- partly in the way the Brits handled all this, but also in the way that officials here handled it. There seems to be no great fear that something like that is going to happen here, although there's no indication that we here had any advance warning.

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