GOP Lawmaker: 'Late Show' Cancellation Due to Financial Losses, Not Politics
Fox BusinessAugust 5, 20253 min9,457 views
14 connections·21 entities in this video→'The Late Show' Cancellation Explained
- 🎯 Congressman Greg Steube states that the cancellation of 'The Late Show with Stephen Colbert' is not political but a financial decision by CBS.
- 💰 The show is reported to have lost $40 million, impacting the network's bottom line.
- 💡 Steube suggests that the show's far-left rhetoric alienated viewers, leading to insufficient ratings to sustain the program.
Media Bias and Litigation
- 📺 Steube argues that many networks have shifted too far left, engaging in propaganda rather than news reporting.
- ⚖️ This shift has led to litigation against networks, with substantial judgments awarded to those who have sued for defamation or misinformation.
- 🔍 The Russia collusion hoax is cited as a prime example of mainstream media's past use of propaganda.
Political Hypocrisy and Oversight
- 🇺🇸 Democrats are criticized for demanding oversight on the cancellation of a left-wing show while providing zero oversight on Biden's border policies.
- 🗣️ The First Amendment protects the private sector's right to make content choices, regardless of political leanings.
Adam Schiff's Mortgage Probe
- 🏠 Congressman Adam Schiff is under scrutiny for allegedly falsely claiming two residences as his primary home to save money.
- 💰 Schiff may have saved approximately $4 million through lower insurance, mortgage rates, and state income taxes by claiming his Maryland residence.
- 🚨 A criminal referral has been made to the DOJ by Fannie and Freddie Mac based on evidence of Schiff's sworn statements.
- 🤥 Steube characterizes Schiff as someone who has continually lied and propagated left-wing conspiracy theories.
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What’s Discussed
The Late Show with Stephen ColbertCBSParamountGreg SteubePolitical RhetoricMedia BiasRatingsFinancial LossesLitigationPropagandaRussia Collusion HoaxFirst AmendmentAdam SchiffMortgage FraudDOJ Referral
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