AmericanTruckersAtWar

Professional, Polite, Prepared to Kill

Would the Last Honest Reporter Please Turn On the Lights?

By Orson Scott Card

An open letter to the local daily paper — almost every local daily paper in America:

I remember reading All the President’s Men and thinking: That’s journalism.  You do what it takes to get the truth and you lay it before the public, because the public has a right to know.

This housing crisis didn’t come out of nowhere.  It was not a vague emanation of the evil Bush administration.

It was a direct result of the political decision, back in the late 1990s, to loosen the rules of lending so that home loans would be more accessible to poor people.  Fannie Mae and Freddie Mac were authorized to approve risky loans.  More here

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October 22, 2008 - Posted by | economy, Politics | , , , ,

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