2016 Postmortem
In reply to the discussion: Clinton's mocking laughter on CNN further reinforced my dislike of her. [View all]w4rma
(31,700 posts)So when both Konczal and Eavis consider Bernie Sanders' recent comments on breaking up the banks, we shouldn't be surprised that they arrived at similar conclusions. Konczal:
Bernie Sanders gave some fairly normal answers on financial reform to the New York Daily News editorial board. Someone sent it to me, and as I read it I thought yes, these are answers Id expect for how Sanders approaches financial reform.
Eavis:
Bernie Sanders probably knows more about breaking up banks than his critics give him credit for.
And we should not, for that matter, be surprised that they consider Sanders' comments fairly sensible. After all, Sanders, too, has focused on this field of policy for much of his national career, and he's advised by professionals who research this stuff for a living.
So how did so many critics in the media, in direct opposition to this scholarly consensus, conclude that Sanders' ideas about breaking up the bank were so radically off base? Some brief quotes and CVs from the pundits Konczal mentions:
In fact, as we see here, a major - major - problem in modern journalism is a widespread lack of expertise. It's not just that journalists are editorializing; they're editorializing on topics where they have no background or claim to knowledge whatsoever. Pundits who know little more than their readers, and often demonstrably less, are given massive corporate platforms to do this; their misinformation is relentlessly marketed and disseminated with massive promotional budgets, quite often under the imprimatur of prestige publication brands.
http://www.carlbeijer.com/2016/04/how-did-media-get-it-so-wrong-on.html