redpaint
Literotica Guru
- Joined
- May 21, 2008
- Posts
- 3,160
I don't know if this has been posted or not. I have been able to be on line much the last few days. But I have to agree with this store By Orson Scott Card, That journalism no longer cares about reporting the truth. He talks about how one sided the press has become on this housing thing that has been going on and who was to blame. Also how one side the Press has been in reporting on this years election.
I have yet to decide on who I want to run this country. but after reading this and even see for my self on how one side it has been. I have to wonder who I trust more... Becouse I really don;t trust either one of them.
http://www.ldsmag.com/ideas/081017light.html
I have yet to decide on who I want to run this country. but after reading this and even see for my self on how one side it has been. I have to wonder who I trust more... Becouse I really don;t trust either one of them.
http://www.ldsmag.com/ideas/081017light.html
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?