Category Archives: journalism

A Clear and Present Danger

I’ve been avoiding this issue for months. I just got tired about writing about Donald J. Trump. Somewhere in the back of my mind was the thought that he simply could not keep up the pace. He could not commit, every single day of his administration, a bigger travesty than the one he had committed the day before.

I was wrong.

So here is the first of what will be a long stretch of blogs on Trump and the nation. The Trump reaction to a week of protests is just the latest manifestation. The groundwork had already been laid and was in the open for everyone to see. Take a look at April 17, 2020, the day a sitting President of these United States incited violent revolution. Here were Trump’s tweets:

Three calls to arms, to “LIBERATE,” one invoking the 2nd Amendment on gun ownership, all directed at states with popularly elected Democratic governors, who just happened to offend Trump in one way or another.

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Jim Lehrer and the Future of News

Jim Lehrer - PBS NewsHour

Jim Lehrer, co-founder and for 36 years the anchor of the PBS NewsHour, died Thursday at the age of 85. He was also the executive editor of the broadcast, moderated 12 presidential debates, and wrote books of fiction and non-fiction, often on topics informed by his interest in journalism, politics and history. The NewsHour remembered and eulogized him on the program that night.

I cannot come close to the heartfelt feelings expressed by his NewsHour colleagues and I highly recommend the program to you. Although I worked for nearly three decades for the public television program Nightly Business Report, public television is about as siloed a group as you will find and I had the pleasure of meeting Lehrer only once. I do remember being tongue tied at meeting the man who is now being mourned as a “giant in journalism.” He of course was friendly and unassuming with me.

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National Archive Gets Trumped

As you know I don’t usually report on other reporters. Nor do I link to material behind paywalls, although I support the use of paywalls to enable reporters to make a living. But there is a story justifiably blazing through the cloud that touches on many of the topics I hold dear and deserves a shout-out.

My tip of the hat goes to Joe Heim of the Washington Post and his story, “National Archives exhibit blurs images critical of President Trump.” Tweet National Archives TrumpedHeim, in a Twitter post after the story went viral, said his story was in part due to “chance.” I’ll respectfully disagree. Heim was visiting the National Archive when he noticed something that had nothing to do with his reporting assignment. That’s not chance. That’s good reporting. I’ve often told journalism students the best story ideas come from their own observations. A good reporter always keeps eyes open.

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No. Just No.

I’ve had it. I’ve had it with whataboutism. I’m done with false equivalency. No more political correctness. You can take your gaslighting someplace else. I’m tired of demonizing, of disinformation, of scapegoating, of rationalization and of lying and deception of all kinds.

Thirteen pipe bombs were sent to prominent Democrats, including former presidents Obama and Clinton, and other Trump critics. That’s a fact. The FBI has arrested Cesar Sayoc, 56, and charged him with a long list of crimes in connection with the bombs. That’s a fact. They also impounded a white van, which they say was Sayoc’s, its windows covered with political images and stickers of President Trump and his critics, including pictures of some of the bomb recipients with gun sights superimposed on their images. That’s another fact.

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To Blog or Not to Blog?

That has been the question for quite some time. Once, long ago on a planet far away, I was at the bleeding edge of technology. I moved from my hometown, Chicago, to New York in 1989 to begin a new job as New York Bureau Chief and Senior correspondent of the public television program Nightly Business Report. Among the many hats I wore I found myself reporting most of the stories about technology and trying to convince my bosses to employ as many of the new technologies as possible.

We created a “page” on America Online when AOL was the center of the online universe. That was before the Internet was opened up to commercial and general public use. I remember hosting a “live chat”, a novelty at the time, from Microsoft Headquarters  in Redmond, Washington. I had gone there interview Bill Gates and report on the release of Windows 95 with the first appearance of Microsoft’s web browser, Internet Explorer.

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Financial Market Reporting, Part 9: Exchange Traded Funds

In my recent post on mutual funds, I noted that John Bogle disrupted that industry with Vanguard, a mutual fund company that specialized in low cost index funds designed to mimic rather than outperform major market indexes. The other mutual fund companies responded with their own index funds, and there is intense competition between them

Mutual fund shares vs. ETFs

Exchange Traded Funds, ETFs, are another refinement of the fund category. They will certainly figure into your reporting on the fund asset class because they are by some measures the most popular of all exchange traded securities.

For my primer on ETFs, see businessjournalism.org.

Financial Market Reporting, Part 8: Mutual Funds and Index Funds

In a previous post about indexes, I identified the Dow Jones Industrial Average and the Standard and Poor’s 500 as the two most frequently referenced. They originated as short-cuts that summarized market trends, and are often used as a benchmark against which investment performance can be judged.

There has been an explosion in the number of indexes in recent years. There are hundreds if not thousands available, enough to slice and dice the markets in as many ways as can be imaged. Some are broad-based, like the NASDAQ Composite with more than 3,000 stocks. Others might track a region, like the EURO STOXX 50, based on 50 large companies in the Eurozone. Some follow companies of a certain size, like the Wilshire US Small Cap. And still others focus on an industry, such as the NYSE Arca (originally AMEX) Semiconductor Index.

Continues at businessjournalism.org….

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