Media: Rush to bailout?
GateHouse media guru Howard Owens writes on his blog that the media hasn’t been doing a particularly great job examining whether or not the $700 bailout really is needed, comparing it to a similar situation:
Whether you supported the war or not, the complete lack of alternate voices in much of the reporting of America’s newspapers should cause you concern.
Many critics of the war before and since have referred to Bush’s push for invasion as “the rush to war.â€
That phrase echoed through my mind much the past week as Bush and Congressional Democrats hastily set to work on a $700 billion bailout of New York’s financial institutions. It is no stretch to call it a “rush to bailout.â€