This why I no longer trust the media. This guy explains it best.
Would the Last Honest Reporter Please Turn On the Lights? By Orson Scott Card
Editor's note: Orson Scott Card is a Democrat and a newspaper columnist, and in this opinion piece he takes on both while lamenting the current state of journalism.
An open letter to the local daily paper — almost every local daily paper in America:
I remember reading All the President's Men and thinking: That's journalism. You do what it
takes to get the truth and you lay it before the public, because the public has a right to know.
This housing crisis didn't come out of nowhere. It was not a vague emanation of the evil Bush
administration.
It was a direct result of the political decision, back in the late 1990s, to loosen the rules of lending
so that home loans would be more accessible to poor people. Fannie Mae and Freddie Mac were
authorized to approve risky loans.
What is a risky loan? It's a loan that the recipient is likely not to be able to repay.
The goal of this rule change was to help the poor — which especially would help members of
minority groups. But how does it help these people to give them a loan that they can't repay?
They get into a house, yes, but when they can't make the payments, they lose the house — along
with their credit rating.
They end up worse off than before.
This was completely foreseeable and in fact many people did foresee it. One political party, in
Congress and in the executive branch, tried repeatedly to tighten up the rules. The other party
blocked every such attempt and tried to loosen them.
Furthermore, Freddie Mac and Fannie Mae were making political contributions to the very
members of Congress who were allowing them to make irresponsible loans. (Though why quasi-
federal agencies were allowed to do so baffles me. It's as if the Pentagon were allowed to
contribute to the political campaigns of Congressmen who support increasing their budget.)
Isn't there a story here? Doesn't journalism require that you who produce our daily paper tell
the truth about who brought us to a position where the only way to keep confidence in our
economy was a $700 billion bailout? Aren't you supposed to follow the money and see which
politicians were benefiting personally from the deregulation of mortgage lending?
I have no doubt that if these facts had pointed to the Republican Party or to John McCain as the
guilty parties, you would be treating it as a vast scandal. "Housing-gate," no doubt. Or "Fannie-
gate."
Instead, it was Senator Christopher Dodd and Congressman Barney Frank, both Democrats, who
denied that there were any problems, who refused Bush administration requests to set up a
regulatory agency to watch over Fannie Mae and Freddie Mac, and who were still pushing for
these agencies to go even further in promoting sub-prime mortgage loans almost up to the
minute they failed.
As Thomas Sowell points out in a TownHall.com essay entitled "Do Facts
Matter?" ( http://snipurl.com/457townhall_com] ): "Alan Greenspan warned them four years
ago. So did the Chairman of the Council of Economic Advisers to the President. So did Bush's
Secretary of the Treasury."
These are facts. This financial crisis was completely preventable. The party that blocked any
attempt to prevent it was ... the Democratic Party. The party that tried to prevent it was ... the
Republican Party.
Yet when Nancy Pelosi accused the Bush administration and Republican deregulation of causing
the crisis, you in the press did not hold her to account for her lie. Instead, you criticized
Republicans who took offense at this lie and refused to vote for the bailout!
What? It's not the liar, but the victims of the lie who are to blame?
Now let's follow the money ... right to the presidential candidate who is the number-two recipient
of campaign contributions from Fannie Mae.
And after Freddie Raines, the CEO of Fannie Mae who made $90 million while running it into the
ground, was fired for his incompetence, one presidential candidate's campaign actually consulted
him for advice on housing.
If that presidential candidate had been John McCain, you would have called it a major scandal
and we would be getting stories in your paper every day about how incompetent and corrupt he
was.
But instead, that candidate was Barack Obama, and so you have buried this story, and when the
McCain campaign dared to call Raines an "adviser" to the Obama campaign — because that
campaign had sought his advice — you actually let Obama's people get away with accusing
McCain of lying, merely because Raines wasn't listed as an official adviser to the Obama
campaign.
You would never tolerate such weasely nit-picking from a Republican.
If you who produce our local daily paper actually had any principles, you would be pounding this
story, because the prosperity of all Americans was put at risk by the foolish, short-sighted,
politically selfish, and possibly corrupt actions of leading Democrats, including Obama.
If you who produce our local daily paper had any personal honor, you would find it unbearable to
let the American people believe that somehow Republicans were to blame for this crisis.
There are precedents. Even though President Bush and his administration never said that Iraq
sponsored or was linked to 9/11, you could not stand the fact that Americans had that
misapprehension — so you pounded us with the fact that there was no such link. (Along the way,
you created the false impression that Bush had lied to them and said that there was a
connection.)
If you had any principles, then surely right now, when the American people are set to blame
President Bush and John McCain for a crisis they tried to prevent, and are actually shifting to
approve of Barack Obama because of a crisis he helped cause, you would be laboring at least as
hard to correct that false impression.
Your job, as journalists, is to tell the truth. That's what you claim you do, when you accept
people's money to buy or subscribe to your paper.
But right now, you are consenting to or actively promoting a big fat lie — that the housing crisis
should somehow be blamed on Bush, McCain, and the Republicans. You have trained the
American people to blame everything bad — even bad weather — on Bush, and they are
responding as you have taught them to.
If you had any personal honor, each reporter and editor would be insisting on telling the truth —
even if it hurts the election chances of your favorite candidate.
Because that's what honorable people do. Honest people tell the truth even when they don't like
the probable consequences. That's what honesty means . That's how trust is earned.
Barack Obama is just another politician, and not a very wise one. He has revealed his ignorance
and naivete time after time — and you have swept it under the rug, treated it as nothing.
Meanwhile, you have participated in the borking of Sarah Palin, reporting savage attacks on her
for the pregnancy of her unmarried daughter — while you ignored the story of John Edwards's
own adultery for many months.
So I ask you now: Do you have any standards at all? Do you even know what honesty means?
Is getting people to vote for Barack Obama so important that you will throw away everything
that journalism is supposed to stand for?
You might want to remember the way the National Organization of Women threw away their
integrity by supporting Bill Clinton despite his well-known pattern of sexual exploitation of
powerless women. Who listens to NOW anymore? We know they stand for nothing; they have
no principles.
That's where you are right now.
It's not too late. You know that if the situation were reversed, and the truth would damage
McCain and help Obama, you would be moving heaven and earth to get the true story out there.
If you want to redeem your honor, you will swallow hard and make a list of all the stories you
would print if it were McCain who had been getting money from Fannie Mae, McCain whose
campaign had consulted with its discredited former CEO, McCain who had voted against
tightening its lending practices.
Then you will print them, even though every one of those true stories will point the finger of
blame at the reckless Democratic Party, which put our nation's prosperity at risk so they could
feel good about helping the poor, and lay a fair share of the blame at Obama's door.
You will also tell the truth about John McCain: that he tried, as a Senator, to do what it took to
prevent this crisis. You will tell the truth about President Bush: that his administration tried
more than once to get Congress to regulate lending in a responsible way.
This was a Congress-caused crisis, beginning during the Clinton administration, with Democrats
leading the way into the crisis and blocking every effort to get out of it in a timely fashion.
If you at our local daily newspaper continue to let Americans believe — and vote as if —
President Bush and the Republicans caused the crisis, then you are joining in that lie.
If you do not tell the truth about the Democrats — including Barack Obama — and do so with the
same energy you would use if the miscreants were Republicans — then you are not journalists by
any standard.
You're just the public relations machine of the Democratic Party, and it's time you were all fired
and real journalists brought in, so that we can actually have a news paper in our city.
Wednesday, October 22, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment