If you wondered about the US government and the news media, and the possibility — the hint, flicker, barest glimmer — of some kind of bailout, then listen to the last few humourless minutes of Barack Obama’s speech to the White House press corps (it’s from 2’50″ in on the clip below).
Is he merely playing to the gallery? Or is he providing the intellectual justification for future action? Or am I simply indulging my journalistic passion for over-interpretation?
How about these lines: “This is a season for renewal and reinvention. Its what government must learn to do, its what business must learn to do, and its what journalism is in the process of doing…” Doesn’t sound too much like bailout talk…