Thursday, February 4, 2010

Amanda Lang and the art of Yellow Journalism

Yellow journalism, also known as the "Yellow Press", is a type of journalism that downplays legitimate news in favor of eye-catching headlines that sell more newspapers. It may feature exaggerations of news events, scandal-mongering, sensationalism, or unprofessional practices by news media organizations or journalists. Campbell (2001) defines Yellow Press newspapers as having daily multi-column front-page headlines covering a variety of topics, such as sports and scandal, using bold layouts (with large illustrations and perhaps color), heavy reliance on unnamed sources, and unabashed self-promotion. The term was extensively used to describe certain major New York City newspapers about 1900 as they battled for circulation. By extension the term is used today as a pejorative to decry any journalism that treats news in an unprofessional or unethical fashion, such as systematic political bias. Yellow journalism can also be the practice of over-dramatizing events.

Is this show called the Lang, O’Leary Exchange for a reason.....perhaps LOL Exchange? Except none of this is the least bit humorous. Yellow journalism never is. What does Canada’s public broadcaster propose to do to provide balanced and unbiased coverage on the income trust matter as Amanda Lang is grossly biased an ill informed and Kevin O’Leary has a conflict of interest re O’Leary Funds and their involvement is “asset gathering” from the trust tax uncertainty that benefits him financially?

Please advise, Here is what a viewer of the LOL Exchange just emailed to me:


Amanda, just said the income trust had to stop because it was a bubble and most were going to bust.

See Brent, this is the stuff that just confuses everybody, now you have Amanada on prime TV saying the trust was a bubble ready to burst.


Anonymous said...

I guess you can't expect more from a bubble head


Dr Mike said...

"it was a bubble and most were going to bust."--- Amanda Lang

Uh ok , I wonder what world she is living in anyway.

Exactly how many have gone bust in the last 3 years.

Why are outfits like Teacher`s & Abu Dhabi buying trusts like hot cakes.

Amanda is a lot like her hero Jim who determined that 1 + 1 = 3 unless of course it might be 4.

Good god , give me a freaking break.

Dr Mike Popovich

Anonymous said...

Amanda studied architecture in university.

What would she know about the financial markets or bubbles?

Meanwhile what does Amanda want Canadians to invest in for retirement?

Real BUBBLES like ABCP or maybe that house of cards bubble sold by Manulife called Income Plus that almost brought Manulife crashing to the ground.

Meanwhile, let's suspend reality for a moment and assume that income trusts are bubbles. Is Amanda not concerned that all these bubbles are getting taken over by the pension funds and levered up with debt by US private equity, in which we have infected the pension savings of her and her colleagues at the CBC with systemic "bubble risk", while leveraging the "bubble" nature of income trusts that become LBOs?

Does the prospect that these cash flow rich businesses might be bubbles (to the extent that is even possible) justify the government LYING ABOUT TAX leakage.

Amanda is the bubble here, not income trusts.

What a pathetic excuse for a "journalist"!

Anonymous said...

What incompetence - unless of course you're gunning for a senate seat.


Anonymous said...

Brent---re the dumb and glib Amanda Lang---this is what you are up
against.See article below.
But keep trying to make the god damn irresponsible and often ignorant
reporters accountable.
O'Leary's undisclosed conflict of interest is inexcusable.Hit that hard.

Did I ever tell about being interviewed by a business reporter for a
major paper who did not understand the concept of present
value!!!!!!!!!!!! The good news is that he wanted to learn, so I spent
30 minutes explaining it.

Easy = True

By Drake Bennett

, Boston Globe, January 31, 2010