It’s had a few days to sink in now. I’ve had this nagging feeling, since watching the episode, that Jons rage was a bit misplaced. I’ve finally figured out why. In my opinion, his expectations for a 24 hour news station are too high.
His point was that a financial news network should have been doing more investigative reporting leading up to this recession. I agree that should be true. However, maybe I’m being too cynical, but these days who actually still believes a network news broadcast has their own best interests in mind? Did any of the news networks ensure we knew the truth leading up to the Iraq war? Did the mainstream media discuss the bulk of Bush’s shenanigans? Was it in my best interest to hear about Monica Lewinski and OJ 24 hours a day?
Further, if you’re hoping to stay on top of the financial system by watching a guy who punches a board to make funny noises, you’re going to have big problems.