Monday, August 5, 2013

Sifting the News

Like many of you, I don't trust the news as reported by the big outlets like CNN, the New York Times or even Fox News.  They all have agendas, but in a free market information tends to eventually get out.  But you can also learn a lot by reading between the lines, and analyzing the self-interest of the players involved in the news.  More importantly, the media, by trumpeting a particular sensational story diverts the public eye from more important issues.  Here are some things I am watching and my take.

Detroit's bankruptcy. This is one of the most important stories in the country right now, because if the unions can claim constitutional protection for their pension benefits, most big cities will become totally dominated by unions and who will then state taxpayers with the tab for outrageous pensions.  Union pensions getting trimmed might impose a small measure of discipline on out of control spending in some cities.

The Snowden Distraction.  After the leaks about NSA spying the attention shifted to Snowden as a person, not his allegations.  But the allegations were not really denied by the big internet firms, like AT&T and Google.  Government intervention required them to word their denials in a way that makes them unbelievable.  I am not sure if I believe Snowden entirely, but I don't believe Big IT.

Filner's Dance with Destiny. (No she's not an ex-employee.)  Daily and more frequently, revelations about the Filner case are served up by the U-T.  But the whole Sunroad play to pay scandal has disappeared from the news, despite an FBI inquiry.  This is not Sunroad's first dust up with allegations of improper influence.  (See a great timeline on the previous difficulties with zoning and influencing then Mayor Sanders at Community Airfields Assn of SD.) I always assume that the U-T is aligned with the big downtown business interests of this city, often hoteliers and developers.  I don't think they are pushing the Filner sexual harassment story because it takes the spotlight off of a developer; but it seems to fit their self-interest.

IRS Scandal.  This is a real scandal that should have legs. My sense is that it doesn't go to the White House, but to key Democratic politicians.  If we knew the whole truth, the Dems would be reeling, which is why the full court press to keep it covered up.  This is how tyranny starts. Darrell Issa could do the Republic a service if he can blow this open.  Bradley Smith analyzes the self interests of the parties involved.

That's a wrap on that topic.  I have instituted a new part of my daily posting, but neglected it of late:

What You Should Be Reading:

What You Should NOT Be Reading:
  • Some rich dude bought the Washington Post.  I heard he likes to read. It's a trophy purchase and I guarantee that he overpaid.
  • Anything about George Zimmerman as the media should give the man some peace.

1 comment:

  1. Nice wrap up!

    I would lay money that the IRS scandal originated in that union meeting with the white house as a strategy to suppress conservative votes.