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Showing posts with label Fox Business. Show all posts
Showing posts with label Fox Business. Show all posts

Friday, September 5, 2008

The TV News Media: Friend or Foe?


It’s hard to get away from politics these days. With the both the Democratic and Republican conventions occurring in the past two weeks, television viewers have been inundated with news about the candidates and their running mates. I am somewhat of a news junkie, and while I don’t sit glued to CNN or MSNBC or Fox news as a rule, I do make sure that I check news sites many times during the day for updates. And I for one am grateful not only for the Internet to deliver timely news, but also for the TV media's dogged coverage of politics. Sure, sometimes when there isn’t much news to report, they tend to throw in celebrity news that really isn’t news at all, but I suppose one must sometimes take the bad with the good.

With the announcement of Sarah Palin as John McCain’s running mate, the Republicans got what they wanted – to knock the news of Barack Obama’s DNC speech off the air and put the Republicans back on top of the news. The problem is, they got too much of what they wanted when the media took Governor Sarah Palin and put her under their microscope. This is the double-edged sword that politicians must deal with. It’s been that way for as long as I can remember, and it won’t change any time soon.

The extensive television coverage that Palin received resulted in a jab being thrown, by her, at the media during her acceptance speech to the Republican National Convention, when she said (quoted from the transcript) “But here's a little news flash for all those reporters and commentators: I'm not going to Washington to seek their good opinion. I'm going to Washington to serve the people of this country. Americans expect us to go to Washington for the right reasons, and not just to mingle with the right people.” Other republican pundits have been crying foul over what they perceive is harsh treatment of Sarah Palin and her family by the media.

I am not quite sure what their problem is – they wanted coverage, and they got it. Sure, it wasn’t the coverage they needed, but they got it just the same. I had already gone on record on one of my other blogs (here) that children should be off limits (unless they chose to be involved) in a parent’s political campaign. But, that doesn’t mean that the media doesn’t have the right to question and grill the candidate themselves on the issues that are important and relevant to the job.

It seems that now the McCain campaign is using the extensive media coverage of Palin’s family as an excuse to keep her under a proverbial lock and key. It seems that there has been virtually no media access to Palin at all since she was announced as McCain's running mate. And after her swipe at the media during her speech, the media may be showing its annoyance. For example, on MSNBC, Nicole Wallace (insert chuckle from Law & Order Criminal Intent fans here) of the McCain campaign was on MSNBC. She was in a discussion with Time Magazine’s Jay Carney on Palin’s speech and we get this dialog (video also below):

CARNEY: We don't know yet and we won't know until you guys allow her to take questions, you know, can she answer tough questions, you know, domestic policy, foreign policy--

WALLACE: But I mean like from who? From you? Who cares?!

CARNEY: Who cares? I think the American people care.

WALLACE: I think the American people want to see her -- I mean who cares if she can talk to Time Magazine? She talked to the American people. The American people want to say, "How am I going to save my home?" She can answer that question. ... She took the stage and talked to the American people about things they care about: How they're gonna save their homes.

It is clear that Carney is frustrated that Palin is not being made accessible, and he wrote about it (full text below), saying that “According to Wallace…the American people will learn all they need to know (and all they deserve to know) from Palin's scripted speeches and choreographed appearances on the campaign trail and in campaign ads.”

At this point, I am sure both television media and print media are like sharks who smell blood in the water. If anything, this apparent sequestering of Palin only makes the media more curious that she has something to hide, or is weak on certain issues and requires extensive preparation for her to be able to talk intelligently on issues, such as the economy. And with television news outlets like CNN, MSNBC, and Fox who have 24 hours of television time to fill, if they can’t fill it with anything they get directly from Palin, they will go out and dig it up for themselves via other sources. In a way, that is what makes the television news media so great, at the same time making them something to fear.

I for one am grateful for the service that the news media performs. And while the 24-hour TV coverage sometimes means that they have to fill holes will things that really aren’t meaningful, I may not like it, but there’s nothing preventing me from changing the channel. In the case of political coverage, though, television news is invaluable, in that it is the equivalent of having thousands of eyes and ears looking at what is happening in politics all around the country at all times. It’s a great improvement over what I experienced in the 1960s as a kid, when there was only a small time slot for national news in the evening, and everything was carefully choreographed and scripted, and sometimes days late (if it was reported at all). But these days, TV news – as well as the print and Internet media – have the upper hand because they can react and report with virtual lightning speed to millions and millions of viewers. So the lesson is clear: politicians should take great care when they try to manage the media to their own advantage, and they should be careful what they ask for – because they just might get it. And never bits the hand that feeds you.


As I mentioned above, Jay Carney wrote his own piece on the MSNBC matter; here it is:

No Questions, Please. We'll Tell You What You Need To Know.
September 4, 2008 5:07
Posted by Jay Carney

According to Nicole Wallace of the McCain campaign, the American people don't care whether Sarah Palin can answer specific questions about foreign and domestic policy. According to Wallace -- in an appearance I did with her this morning on Joe Scarborough's show -- the American people will learn all they need to know (and all they deserve to know) from Palin's scripted speeches and choreographed appearances on the campaign trail and in campaign ads. Here's the exchange:





Wallace's bash-the-media exercise has its merits as a campaign tactic. It certainly rallies the base. But the base won't lift McCain to 50% in November. More importantly, in her smug dismissal of the media's role in asking questions of the candidates, Wallace was really showing contempt not for reporters, but for voters. I bet there are a lot of undecided voters out there who were intrigued by Sarah Palin last night, but who don't yet know enough about her -- what she believes, what she knows -- to be comfortable with the idea of her as vice president of the United States. It's important to them to know if Palin can handle herself in an environment that isn't controlled and sanitized by campaign image makers and message mavens. Maybe she can, maybe she can't. As far as Wallace is concerned, it's none of their -- or your -- business.





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Thursday, February 14, 2008

Fox’s 24 Shelved Until 2009

On February 3, I wrote here that Fox’s 24 was on life support. It looks like it will be that way for a lot longer.

The writer’s strike is being blamed for the long delay in starting the new season. According to CNN, “A January 2009 start seemed the best way to comply with viewers' wishes that a season's episodes run without interruption to conclusion, Fox said on Thursday.” OK, so now they are partly blaming it on the fans.

It’s not this viewer’s wishes to have the episodes run without interruption. Right now, I think to get something new, the fans would be happy to have an interruption in the series here and there if it’s really needed.

CNN also reported that eight episodes had already been filmed. I say release the 8 episodes while they work on the rest. The viewers would be happy to see Jack (Kiefer Sutherland) back in action again, even if it were just for a short while.

Is the real problem that they’re still stuck on the direction of the show? I would hope that with the time taken with the writer's strike, they’ve had a lot of time to think about it and they should be all that much closer to finalizing things. But for them, it’s probably easier to blame the viewers and their need to see all the episodes one after the other.

This may be curtains for 24, or it’s going to negatively affect viewership once it does come back, almost a year from now. And maybe by then something more interesting will be the new hot show.

I hope that Fox rethinks their position on this one, because I’m already rethinking if I want to bother with 24 next year.

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Monday, November 26, 2007

Booyah! Welcome to “Cramerica”: Mad Money Jim Cramer

At 6:00 weekdays, something happens in my household that reminds me of “The Outer Limits” TV show that I used to watch as a kid. The show’s intro went something like this:

“ There is nothing wrong with your television set. Do not attempt to adjust the picture. We are controlling transmission… For the next hour, sit quietly and we will control all that you see and hear. You are about to experience the awe and mystery which reaches from the inner mind to... “

And then I hear shouts of BOOYAH coming from my TV set, in addition to wailing babies, bull sounds, bear sounds, BUY! BUY! BUY! and SELL! SELL! SELL!

Yes, there is nothing like watching CNBC’s Mad Money, hosted by Jim Cramer. It’s part business show, part sideshow. Jim’s goal is to help everyday people like you and me to make money. He has an uncanny way of bringing the complicated world of the stock market to the masses in a way that is understandable, fun, and usable. Many business shows have the same boring stock charts, the same boring talking heads, and the same boring stock market drivel. (The exception is the new Fox Business Channel, which is worse, since frankly it seems to have no real substance.) This is definitely not the case with Mad Money.

With Jim Cramer’s show, you get a fast-paced hour filled with timely information that’s relevant to what’s happened that day – and what Jim thinks is ahead. Sometimes Jim has business guests like the occasional CEO, and every now and then he takes the show on the road to colleges and does the show live. While Jim’s show is always filled with energy, the live shows really crank it up a notch or two. It’s hard not to get involved.

Of course, the best part of the show, in my opinion, is The Lightning Round, where Jim takes calls and gives on the spot commentary based on the callers stock pick. This is when Jim’s sound effects panel gets a heavy workout, telling callers to buy, sell, cry (hence the crying baby sound), plus a host of other sounds that punctuate his comments. Jim says he gets no advance notice on what stocks the callers will question, and there are times – but not often – that he’s stumped. Of course, The Lightning Round features the ubiquitous “booyah” greeting from the callers to Jim, including the enjoyable “familial booyah” where parents get their kids to join in to the shout out.


I won’t pass any judgment on the accuracy or success of Cramer’s picks. I don’t track his performance, but I also don’t track the performance of other analysts or talking heads on business TV. Any time anyone gives you investment advice, you should always look at that advice carefully before making any investments of your own.

Jim has written several books, including “Jim Cramer's Mad Money: Watch TV, Get Rich”, “Jim Cramer's Real Money: Sane Investing in an Insane World”, and the soon to be released “Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)”. The latter is on my husband’s Christmas list and I’ll be at the store to get it when it’s released (December 4).

If you’re interested in investing and want meaningful information delivered with a lot of excitement, check out Mad Money. It’s on CNBC, weekdays at 6:00 PM ET (it usually repeats later in the evening). Booyah!


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