Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Jim Willie CB who wrote (19546)	9/26/2002 6:06:23 PM
From: isopatch	Read Replies (2) of 36161

Jim. Next major "advance" in Gov accounting? All borrowing is <off budget>. <LOL> Seriously. As long as our highly centralized and controled media make only minor mention (or turn their heads the other way) every time a major government money scandal is staring them right in the face? Public corruption & accounting hanky panky is only going to get worse. For example, in the final years of the Clinton Admin. many cabinet depts not only couldn't reconcile their books, they were unable to account for what happened to tens of billions of dollars!! However, our major media neither dug into this story with investigative work nor took the bit in their mouths to aggressively hammer away about it over the air waves to arouse public awareness and concern. And I doubt that much has changed under <the shrub>. This is not a democrat or a republican issue. The crisis of entrenched bad government has long since transcended party distinctions IMHO. Although it's not often discussed, a major ramificaton of the parade of major media mergers during the past 15 years is that power is now highly concentrated in relatively few hands. With a small number of key owners and editors to to lean on - every so subtly of course<g> - it's become much easier for big government to influence content. In the days of Lawrence Spivak's Meet The Press, we had a viable <Third Estate> that vigorously challenged top politicians and cabinet heads. Todays Larry Spivak - Bill O'Reilly - can't even get major gov figures to appear. They just to to any of the many major media programs that are happy to play patti-cake with government spin and disinformation. No relentless table pounding about major cases of official corruption, malfeasance and incompetence to provide balanced coverage of both corporate and public wrong doing. Only private sector crime is given the necessary heavy coverage. As much as our private sector needs a major cleanup, the one sided emphasis of public over private - regardless of the party in power - ensures even a more rapid rate of growth in our increasingly <unaccountable> government. Isopatch

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