Help Us Bust the Banksters; Join Our New Campaign

This week, the Center for Media and Democracy is launching its new campaign on the "Banksters" with a new companion website, www.Banksterusa.org, and a new portal in our online encyclopedia called the "Real Economy Project." We are so fortunate that Mary Bottari brought this much needed effort to demystify economic issues and spur people to take action to CMD, with the support of our founder, John Stauber, and our Board.

Blue darts on red targetI see this project as the beginning of a new phase in CMD's life of weighing in on crucial issues in the media and before Congress and trying to make a real difference in outcomes. In many ways, this new effort is a return to our roots and builds on CMD's long-standing mission to "inform and assist grassroots citizen activism that . . . promotes economic justice." At the same time, this effort really takes the gloves off in aiming at both the spin and the underlying policies that have undermined the promise of the American dream.

Another Reason to Worry: The Associated Press' New "Standard" for "News" Is Popularity

The Associated Press, which is increasingly relied upon by traditional papers dealing with staff cutbacks and by new media news re-"broadcasters" such as Yahoo, is signaling a worrisome shift in what it considers "news." Here is an excerpt from the Columbia Journalism Review's recent story about the AP's strategy retreat at Lake Placid:

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