If you're like me, you probably think that war mongering, corporate coddling, corrupt and scheming politicians deserve more attention than politicians using their own money to buy a prostitute. And if you are like me, you probably noticed that we aren't in the majority in our value judgements. No, in most U.S. media outlets the Spitzer story "has legs," and so all the lurid details must be doggedly pursued. The New York Times found it compatible with their ever waning journalistic integrity to include a link to "Kristen's" Myspace page, for the readers interested in all the social networking news fit to print. What's missing in this coverage is perspective, as well as some context that might make this story interesting and important.
Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye..... When history tells the story of the subprime lending crisis and recounts its devastating effects on the lives of so many innocent homeowners the Bush administration will not be judged favorably.Harsh words... And so Spitzer is now out of office and out of the public arena for a very long time. No more prosecutor sticking his nose into Wall Street's sordid business. The saddest aspect of this whole story is the way the media has handled it. Instead of giving people the perspective and context that was needed, and should be expected from the venerable "liberal" 4th estate, we got a bunch of moral claptrap, without substance and without relevance.