- Jan 9, 2010
- 4,282
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Our American Pravda
The major media overlooked Communist spies and Madoffs fraud. What are they missing today?
I almost passed on the article after reading the title, but what really struck me was how cleanly he discussed the fraud that it us involved in the Iraq war and how many other glaring frauds the media never appropriately addressed.
Full Article
The author brings up a number of unavoidable and unpleasant truths to the current, and past, political environment.
The major media overlooked Communist spies and Madoffs fraud. What are they missing today?
I almost passed on the article after reading the title, but what really struck me was how cleanly he discussed the fraud that it us involved in the Iraq war and how many other glaring frauds the media never appropriately addressed.
In many respects, the non-detection of these business frauds is far more alarming than failure to uncover governmental malfeasance. Politics is a partisan team sport, and it is easy to imagine Democrats or Republicans closing ranks and protecting their own, despite damage to society. Furthermore, success or failure in public policies is often ambiguous and subject to propagandistic spin. But investors in a fraudulent company lose their money and therefore have an enormous incentive to detect those risks, with the same being true for business journalists. If the media cannot be trusted to catch and report simple financial misconduct, its reliability on more politically charged matters will surely be lower.
Full Article
The author brings up a number of unavoidable and unpleasant truths to the current, and past, political environment.
