Wednesday, May 11, 2011

Finland and the EU: what is truth?

Interesting piece here in terms of Finland's relationship to the EU and why Finland refuses to bail out other countries and also in terms of the Wall Street Journal's editing of the piece.  When does editing distort the intent of the author and was this done deliberately in response to economic or political pressure?  A few years ago, such a question might have ideological overtones but little validity in an impartial way.  Today, given the changes in the world of news reporting, truth has become a commodity up for sale to the highest bidder.
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5 comments:

  1. EMeisheMay 12, 2011 at 12:33 PM

    That is a cool way to display the article and it makes it easy to see what they edited out. I think that this kind of editing especially when such significant amount are removed can certainly distort the image because it changes the context of what is left. This reminds me of reality TV where they can edit to show pretty much whatever they want and this is not what I want in journalism.

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  2. Laura KochMay 13, 2011 at 1:32 PM

    Everything is biased, but facts can help us formulate opinions. News is absolutely a commodity today. Even if the edited parts made the piece less con traversal, it is also hiding truths, as seen below.
    Our political leaders borrow ever more money to pay off the banks, which return the favor by lending ever-more money back to our governments, keeping the scheme afloat.

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  3. EMeisheMay 13, 2011 at 2:26 PM

    That much editing reminds me of reality tv. Technically they are filming real people but since the editors control the context they can tell whatever story they want. That is not what I want in my news.

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  4. Chris DendrinosMay 15, 2011 at 2:54 PM

    I think the trade off between bail out and no bail out is a very interesting one. The bail out to an extent protects the economy from an even bigger loss, but at the same time it angers many citizens as they feel they are unfair. So, you are either faced with a huge economic downturn and angry citizens or you are faced with an economic downturn and angry citizens. Its a lose lose.

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  5. Ankur JainMay 16, 2011 at 5:50 PM

    This articles does not take into consideration the interest rates on Ireland and Portugal. If EU and the ECB truly tried to help Greece, Ireland, and Portugal they would change the current debt to 0-1% interest until the debts are paid off. They would probably also have to restructure the debts. It seems as if the EU is subjecting them with more debt due to crippling interest rates. Soini is absolutely right in his article that the bailouts are flowing to the coffers of the banks and the recipient states are just a pit-stop in that scheme. The censorship of this article lends me to think there are political motives, along with economic motives, that have taken over the media. I don't know what news is trustworthy anymore.

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