MMMM #14 - Fire! In The Theater!

On CNN Last week, in the midst of the economic chaos, Glen Beck was visiting with Wolf Blitzer (doesn't Beck already have enough exposure with his nightly show?) when he stated firmly that the U.S. ... "...is staring into the abyss of a Great Depression." "Nobody is saying Depression", cautioned Wolf. "I am!" shouted Beck. All of this is truly rearranging those Titanic deck-chairs...the cable networks long ago gave up any sense of separation between comment and reporting. And I've admitted that my knowledge of economics is probably no better than Sen. McCain, but shouldn't CNN should have some sense of self-regulation in a crisis? Here is a NY Times piece on The Depression and its causes. Of course we would never see so sober a conversation on CNN. Much too PBS. Much too level headed. Not enough gasoline to toss on these troubled times. [The Monday Morning Media Memo is a weekly feature of this blog. As with everything else here, it is strictly my own opinion]