Dawdling: Oh the irony unseen!
So I'm half watching a baseball game and glancing over the business section of my local newspaper when my eye is caught by a story I'd read earlier elsewhere. It's a New York Times piece on how Russia's Interior Ministry confiscated 167,500 cell phones shipped to Moscow by Motorola.
The real point of the story is what reporter Steven Lee Myers described as rampant corruption in Russia, where, he said, officials often take part in business ripoffs.
What really struck me, and brought an involuntary, if rueful, grin to my face, is the complete lack of recognition in the story or in the headlines of either newspaper of the inherent irony.
After five and a half years of the Bush, and the breakdown of regulatory and legislative oversight under at least three previous presidents and a Republican-controlled Congress, our own economy is wallowing in corruption. Corruption is its oxygen and its food. It is reasonable to ask whether American big business is capable any longer of operating in anything approaching an honest way.
In the United States of America, campaign contributions buy bid-free, unregulated government contracts. Business lobbyists almost literally own the administration and key members of Congress. Agencies created to regulate certain businesses for the health and safety of citizens routinely spit on the public interest and bypass, ignore or alter laws and rules for the sake of favored industries' profits. And a few golf trips will purchase the support of a committee chair against the public interest.
And our newspapers are concerned about a bit of business thievery in Russia?
Frankly, m'dear, we don't give a damn.
James Clay Fuller, principal (and principle) author of this site, is a sort-of retired journalist who has worked in newspapers and magazines for more than 45 years. His day job for 30 years was at the Minneapolis StarTribune, where he was a business and economics reporter, features writer, and sometime music critic, as well as an editor in charge of several specialized sections of the newspaper and a number of investigative projects. He was nominated for Pulitzer Prizes in 1977 and 1992, and was the instigator and senior editor on a project that was nominated for a Pultizer in 1997. He has
written for many national publications.
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