Contemplating the ‘crisis’

In case Brit­ish read­ers were won­der­ing what journ­al­istic resources they could rely on to keep abreast of the cur­rent situ­ation in the fin­an­cial mar­kets, here’s my advice. You don’t need to! There really is no point in fol­low­ing events you have no pos­sib­il­ity of debat­ing, influ­en­cing or chan­ging (see DownsAn Eco­nomic The­ory of Demo­cracy).

How­ever, if you do feel the need to waste your time in profit­less con­tem­pla­tion then you might enjoy FiNTAG.

US Presidential Debate offers thumb-sucking, stereotyping opportunity

Want an impar­tial account of the McCain-Obama debate? The BBC offers this ana­lysis.

[McCain on Putin] I would say in Amer­ica it plays much bet­ter as a tough-guy sound-bite, sug­gest­ive of a pres­id­ent who knows how to stand up to Moscow.

Mr Obama’s answer on Rus­sia rambled quite a bit and veered off into a dis­ser­ta­tion on the need to develop altern­at­ive energy sources — not his first of the night…

But it felt a little book­ish and laboured — you could sense which reply would play bet­ter in Amer­ican liv­ing rooms.

This isn’t ana­lysis, it’s web-filler — with a little ste­reo­typ­ing thrown in. A case of some­thing you could write, rather than should. Not exactly value-added report­ing, unless you want to gauge a Brit­ish reporter’s pre­ju­dices about what ‘plays’ in America’s liv­ing rooms.