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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Gary M. Reed who wrote (7589)	3/25/2001 10:14:12 AM
From: Margaret Mateer	Respond to of 17683

thanks for two excellent posts. much appreciated, mm

To: Gary M. Reed who wrote (7589)	3/25/2001 7:03:59 PM
From: Mark Marcellus	Read Replies (1) \| Respond to of 17683

Gary, great rants and I agree with almost everything you wrote. The one place I differ is in your implied expectation that journalists should get the story right. They usually don't. And that's just as true of the Wall Street Journal as CNBC, and just as true of the mainstream media as the financial press. (And to possibly prevent a series of liberal bias rants, it's just as true of the conservative press as the liberal press.) It goes with the territory. To be fair, there are certainly journalists who do get the story right, but the cards are stacked against them. Given the long history of journalistic failure, I have to believe that this is just as much the fault of the audience as it is the fault of the journalists. The audience gets the story it asks for, and this was never more true than at the height of this last bubble.