And another thing I dislike about America

[windelina]

Turning everything into a for-profit business.

News media is now run for-profit, so it's not about doing the job - it's about making money. Keeping the bottom line nice and low.
So, news corporations don't pay for in-depth investigations. They're too expensive. The Watergate investigation would never happen today - too risky, too expensive.
If we don't need investigations, we don't need investigative reporters. Less people salaried. More of the employees can be inexperienced because they're cheaper.

See how this benefits nobody?

And now they're again talking tort reform wanting to cap medical malpractice awards to keep down insurance premiums. Except that perhaps it's not the awards that are the problem. Insurance rates are rising 33% this year (I may be misquoting, but it's still an egregious amount). Perhaps we should instead institute insurance reform? Insurance has always been a scam, but now it's really about making the money, not doing the job of insuring against problems.

But we don't want to reform business. We don't want to control it, oversee it, or limit it. Business is good for America.

It's just not good for the average American.

One of these days, I'm gonna cross over the line and become some radical socialist. I just know it.

Comments

[jenx.livejournal.com]

Business is good for America.
It's just not good for the average American.

In that respect, business is NOT good for America if it doesn't benefit the average American. All the shuffling around of cash in this country happens way over our heads, but it's supposed to benefit us in the end (supposedly). Just like 'trickle-down economics', we're expected to wait for the crumbs of millionaires to fall into our mouths and feed us - and we're considered greedy or lazy if we want more than crumbs, or ask for nutrious crumbs or crumbs without radiation. It's our own fault if we aren't filled with whatever they've left to us.

The way the world is...

[vackovich.livejournal.com]

Is not just American practice of outsourcing everything for profit, every country does that. I would like to see in your posts is a counter example of a system that works that has free speech and encourages individuality other than just hearing how America is bad and the rest of the world is good. I like counter examples, please provide one.

My only advice to you regarding your angst about the capitialistic system is, if you can't beat them, join them. Make more money or accept the fact the captialistic world is oiled by the blood of its workers.

Finally, as for your Watergate news speculation... Any scandal involving presidents easedropping on their oppenent during an election year will ALWAYS get investigated. Cost is not the object here, it is the possible humiliation of a president. Look how long the networks hung on the Bill Clinton/Monica deal and that court case. Viewers loved that story and hung every statement and crumb of news.

Humiliating a president, even a great one, priceless!

you socialists and your "state"...

[burnunit.livejournal.com]

just don't become a national socialist


in any case, when you're ready, when you're done with the capitalist heartache and the socialist headache, the anarchists will still be here...

[romeoa.livejournal.com]

"So, news corporations don't pay for in-depth investigations. They're too expensive. The Watergate investigation would never happen today - too risky, too expensive."

It's also about ratings and advertisers. There will always be in depth reporting, Every news station wants the next big story. If anything, it's actually more competitive for reporters out there in this day and age of the 24hr cable news channels. Hell just look at CBS, they didn't care about the facts... they just thought they had a big story during an election year and it ended up biting them in the ass. But hey, at least they took a risk. And the majority of media have always had to answer to advertisers no matter what, so they were always for profit. I don't recall too many mainstream news outfits not being for profit. There is nothing new there. In other words.. not really news worthy.

I think the real problem with news outlets is that they wear their party affiliation on their sleeves. No longer do they report the facts, they also give you an opinion. Oh, And anyone who thinks this practice is exclusive to FOX is blind.

[hedgiewan.livejournal.com]

Come to the Dark Side!