One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
Sentiment: NEGATIVE
Pandering to the scandal hungry public is a total lack of responsible journalism.
We have got to make sure there is proper independent scrutiny and accountability for people in the press, just as there should be in any other industry where things go wrong. But let's not try and think it is for politicians or governments to tell people what they stick in newspapers. That is deeply illiberal.
As Americans, we rightfully place tremendous value on having a free and independent press. Our role as journalists is to give voice to the voiceless, and hold our leaders and institutions accountable. But the circle is only completed when that information is consumed by a free-thinking and engaged audience.
The job of the press is to speak truth to power. And yet, for doing our job, we are persecuted. I say that these aggressive and illegal tactics to silence us - inventing arbitrary legal interpretations, over-zealous charges and disproportionate sentences - must not be permitted to succeed.
We talk about a free press. These people hide, they make a lot of money off the media. They hide behind the slogans of free press, and then they can come out with crap like that. It's just garbage. It's insulting to the readers.
The press is the hired agent of a monied system, and set up for no other purpose than to tell lies where their interests are involved. One can trust nobody and nothing.
Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
The press is the only institution that is truly accountable. The founding fathers put the First Amendment first for a reason.
It is precisely the purpose of the public opinion generated by the press to make the public incapable of judging, to insinuate into it the attitude of someone irresponsible, uninformed.
I'm very much in support of the free press, but the free press ought to be educational and informative. And I believe they have fallen down recently on that.
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