Friday, February 20, 2009

The News

Lately I have been keeping up to date on the biggest news story of the century it feels like, the stock market and the economy. I am amazed at the stupidity of so many of the CEO's of huge companies. I listen to them talk about how they managed to become billions of dollars in debt and it is not a wonder that America is taking a turn for the worst with people like that in charge of so much money. I would love to see some undercover reporting on the lives of these CEO's. I would like to know how on earth they can't manage to live on $500,000 a year, or what they do with the 1 or 2 million dollar bonus they get at the end of the year. Clearly people can live on much less than that, because I am still alive! I will be amazed if I ever make that much money in my entire life!

I feel that undercover reporting can serve a huge purpose for the American people. Sometimes that is the only way to really unveil the truth. Sure it might not be legal, and it might not be ethical, but I have to agree with Mills on this one when he says it is OK as long as it is the "greatest good for the greatest number of people." We all benefit when we find out about powerful people who have scammed others across the world who trusted them. The new one I heard about today was Stanford the bank owner who has people all over the world upset and worried about their hard earned money. I would love to see this man go down and if undercover reporting is the way to get all the facts about the case, so be it.

There is a fine line between legal undercover reporting and illegal reporting which I don't think anyone can really define, but I do believe there is a place for it in journalism. The American people need to be able to trust those who are taking care of our money, our family, and our lives and sometimes it takes a good journalist to dig up the dirt we need to know to keep us in the loop so we can make wise decisions.

1 comment:

  1. Diane, I edited your post in order to make the URL into a clickable link. (You can do that in your posting window -- there's a WYSIWYG button at the top of the posting box, third from the left.)

    But back to your point -- can you think of a way undercover reporting could be used on
    Wall Street? How could a reporter infiltrate without drawing suspicion?