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Friday, March 28, 2003

:: War & Business Reporting
It eventually had to come to this: the embedded reporters are not objective! They're bonding with the very ones they should be investigating. I say, baloney. Reporters want nothing less than a mind-plant. Anything less means the subject of their scrutiny must be hiding something. Had they been "left out", the complaint would have been the same. There have already been a number of reporter casualties, but I don't believe of embedded soldiers, rather of freelance. If "impartiality" was a hoped-for by-product of embedding reporters, any benefits of that are wiped out by reporters stationed in Kuwait, Qatar, etc. There is no such thing as a question. Rather, they file their story, bias intact, standing on their legs, in the guise of a question. The most extreme example of that occured in last nights press conference held by the British Air Marshall. When the floor was opened for questions, the Al Jezeera reporter leapt to his feet to be first. He proceeded to deliver a "canned speech", reading off a sheet of paper, then sat down. The Air Marshall asked him if he had a question, to which he replied "No". The only thing "we" can do is to do what we should do all along. Listen, research, question, and think independently. By the Way, have you notice that routine business reporting has dwindled to a trickle? What happened to the scandals of just a few months ago? Cavuto has long given up the pretense of covering business. Even Kudlow and Cramer no longer talk business, they talk war with the same retired guys from the mainstream sister channels. The fact is, none of the fundamentals-type guests favored by CNBC have a jump on "what will happen". The market either goes up, down, or sideways. It's only crashes and bubbles that merit any further inquiry. You gotta watch CNBC-Europe or Bloomberg for business coverage, the former actually features technical analysis!

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