Tuesday, March 18, 2008

LAT: Critics say Bush isn't doing enough

That's the headline over a front page article in today's LAT written by Maura Reynolds and Janet Hook. The suggestion that Bush has critics isn't news and doesn't deserve front page treatment.

The article is basically a hit piece. It focuses on a few words Bush spoke yesterday while complimenting Henry Paulson on the work he put in over the weekend. The words were off-the-cuff. They may not have been artful but they aren't important either. They do not have policy implications, they do not affect world markets. But they gave Reynolds and Hook a chance to poke fun at the president and the LAT went along with it, something a more reputable newspaper probably wouldn't do.

Reynolds and Hook tout Barney Frank's views and they seem to praise others who advocate more government oversight of financial markets. Government oversight may be part of the problem.

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