I grew up in an era when the predominating slogan was:
The Revolution will not be televised.Well times have changed, and the slogan's truth prevails - the economic revolution going down is being poorly televised. You can learn a whole lot more on the internet than on TV about the economic collapse of the United States.
An interesting article on BoingBoing (boingboing.net) by Dale Dougherty. He doesn't stress enough the thoughts that since this is a heist and the major players are the top people in the banking and financial cartel - who always have enough sway over the media that the real story is rarely told if it reveals too much
nasty regarding Big Money, Big Oil, or Big Pharma concerns.
Here are the first three paragraphs plus link to the article:
Why CNN Struggles to Cover The Economic PanicPosted by Dale Dougherty, November 25, 2008 10:06 PM |
The current economic collapse is a difficult story for TV. It's a peculiar period in between an election and an inauguration. This most important story, this great-or-not-so great depression, is also the hardest for CNN to tell. I have more than enough reasons why in this late-night rant.
1) It's not a hurricane so Anderson Cooper of CNN is unable to position himself in the middle of the storm for optimal drama. In other words, TV anchors can't get wet and windblown, while viewers worry about their safety. The state of the economy is a disaster but not a natural disaster. Nobody's leaving the studio for this one. There's no place to go.
2) It's like a war and we keep losing ground each day. In the place of casualties, we have falling stock indices but it's hard to show the real damage. There's only so much you can do with oversized charts to tell a story. The war on terrorism featured a real enemy. We've just never been able to find them, no matter who goes after them. (Maybe it's not so different.) Campbell Brown ("No Bull, No Bias") should say that what the capitalism's finest did to themselves and to us was worse than any terrorist could have imagined.
3) Few CEOs, fewer economists, and almost no one in the financial industry, want to step forward and say with conviction what will happen. A year ago we couldn't get them to stop telling us what great things to expect in the next quarter.
http://www.boingboing.net/2008/11/25/why-cnn-struggles-to.html