Many times I just listen to it instead of watching the pictures except for Margaret Brennan on Bloomberg television on financial analysis. Financial news on TV makes it hard for most to really understand it because they often have an opposite view given equal access no matter how crazy in a similar manner to our political news on television.
Our brains are shrinking because our memory brain cells in the hippocampus is not used enough. Use it or lose it.
Of course, I think confusing us is the media’s main role except for parts of MSNBC with Maddow and Olbermann who take the time to explain things in more detail. Note that soundbites used in television news very often does not help our understanding so we react emotionally to news so it helps the Republicans because they always try to scare us about the “Other” and lies about their opponents by reading soundbites from Billionaire established Think Tanks. They say the exact same thing and behave like robots with emotion.
I normally skip the news on MSNBC which emphasizes polls too much to shape our thinking. Why do you think they use polls so much? It is not used to inform us but to mislead us because polls are develop by corporations which may have interests contrary to ours.
Jim Kawakami, August 12, 2010, http://jimboguy.blogspot.com
Power Problem by Dean Starkman, Columbia Journalism Review CJR May/June 2009, “The government, the financial industry and the American consumer—if they had only paid attention—would have gotten ample warning about this crisis from us, years in advance, when there was still time to evacuate and seek shelter from this storm.” Diana Henriques, New York Times business reporter, speech at The George Washington University, November 8, 2008
“But anybody who’s been paying attention has seen business journalists waving the red flag for several years.” —Chris Roush, “Unheeded Warnings,” American Journalism Review, December/January, 2009
“I’m kind of curious as to . . . why is it that people were shocked, given the volume of coverage.” —Nikhil Deogun, deputy managing editor, The Wall Street Journal, quoted in “Unheeded Warnings”
“For in an exact sense the present crisis in western democracy is a crisis of journalism.” —Walter Lippmann, Liberty and the News, 1920
(The real truth is that Lippmann supported journalists not telling the public the whole truth because they could not understand it or get too emotional! This is about the time that Official Journalism Schools was started to cut down a diversity of newspapers expressing all points of view and news. They wanted to control what Americans saw and heard and read. This was the start of our Journalists and government (President Wilson) to get us into World War I at a huge cost because young soldiers were the biggest victim of the 1918 Bird Flu Pandemic. Jim)
These are grim times for the nation’s financial media. Not only must they witness the unraveling of their own business, they must at the same time fend off charges that they failed to cover adequately their central beat—finance—during the years prior to an implosion that is forcing millions of low-income strivers into undeserved poverty and the entire world into an economic winter. The quotes above give a fair summary of the institutional response of the mainstream business press to the charge that it slept on the job while lenders and Wall Street ran amok. And while the record will show this response is not entirely wrong, one can see how casual business-press readers...
Complete access to this article will soon be available for purchase. Subscribers will be able to access this article, and the rest of CJR’s magazine archive, for free. Select articles from the last 6 months will remain free for all visitors to www.CJR.org .