Post
by purple » Sat May 07, 2011 8:08 pm
In my opinion. Newspapers and the media are not in the truth business. Newspapers only want to sell papers. The fellow who write the HBO series, "The Wire," used to be a reporter for a major daily and took an early retirement when it was offered. He had an interview the Bill Moyers, who is a liberal, and was one the last of the crusading investigating journalists, where Bill and his guest agreed on several things. The written version of the interview is available online. Because of the internet, newspapers with paper and ink will nearly all be gone quite soon. The Baltimore newspaper was telling its reporters that they should take the early retirement it claimed that the newspaper was not making money. Years later the paper had a bankruptcy and the reporter finally go to see the real dollars and during the years the newspaper was pushing reporters out, and the paper was very profitable, but the profit was being given to the investors, which would create bonuses for the management. Management saw the news stories was what was in the box that the advertising was wrapped around. Beat reporters who knew their area of the city, and could find stories, and fraud were the ones who were being laid off. By the time of the interview, people like Bill Moyers no longer could rely upon local newspapers and media to find frauds and do real investigative journalism. Major media, including NBC, CBS, ABC were often owned by major companies who might otherwise be the target of investigations. Notice the movie, "The Insider." with Russell Crowe about investigation of big tobacco which exposed how "Sixty Minutes" (a liberal news show) held back with the story until. . .
I think that the focus of corporations to be more concerned with the next quarters profit and loss statement above carrying out the companies creating of value that has caused so much of the anger between the investing class and the those who now are the working class, or is it, want to be working if they had jobs, and sometimes they need better health to be gainfully employed.
As I am on the liberal side, I am unhappy at how other liberals have an furious blind anger towards those with money, or success, or are the investing class. My father used to have a saying when I was small. Anytime someone had success, whether it be by their hard work, or any legally acquired gain, he used to say, "and more power to him." He always felt that the success of others was good for him (my father) as well.
