Myers reports at length about Bush’ commentary on the measures taken. According to him, Bush singled out Henry M. Paulson Jr., the Treasury secretary, for doing a marvellous job of handling the situation.
The article goes on to document the reactions of Democratic members of government, like Hilary Clinton and Barack Obama. Those two senators had different things to say about the Republican solution. Barack Obama was far more defamatory about what has happened.
This article primarily raises issues of amorality and community. The article, which is neutral throughout, only documents the opinions of “important people” (opinion leaders) on the subject. The author makes no move to take a moral stand, suggesting that he is himself unaffected by the crisis, and that his community of readers is also unaffected. What’s more, the article uses a vocabulary that could potentially exclude readers who are not college educated. Words like “liquidity” and “opposed” are used freely instead of words that mean the same thing but are less complicated.
The article also raises this issue that the media influences public opinion, which in turn influences the media (as described in Katz and Lazarfield). The writer of the article acts as if the only people in a position to fix the mortgage crisis issue are government officials. This is basically like saying that ordinary, unaffected citizens have no obligation to help, or at least that they are excused from helping, since they are not in the best position to do so.
From the New York Times, March 17, 2008
