Archive for October, 2008

How News Works, Part 94

October 28, 2008

Deconstructing a BBC “scoop”

Earlier this evening, I received the following email:

From: Newsnight
Date: Tue, Oct 28, 2008 at 5:58 PM
Subject: In tonight’s programme

TUESDAY 28th OCTOBER 22.30 BST – BBC TWO
FROM GAVIN ESLER

Hello,

Georgia
We have an amazing film tonight which alleges serious human rights abuses by Georgian forces – that’s right Georgian forces – in South Ossetia at the start of the conflict with Russia this summer.

Given that these alleged abuses were the pretext cited by Russia for retaliating, news of their allegedness is hardly that amazing, unless you’ve been labouring under the delusion that Russia invaded Georgia unprovoked.

But why might anyone have been doing that?

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Fantasy Islands

October 27, 2008

A longer story with hyperlinks is available here

By Daniel Simpson

Blink and you missed it, but Britain’s highest court says it’s legal to steal someone’s homeland.

That’s old news now, of course (though scarcely reported in America, where it counts), but no less scandalous for that.

More than 40 years ago, the U.S. and UK conspired to evict the Chagos islanders, and turned their Indian Ocean paradise into an air base. Since then, three separate courts, and seven senior judges, have upheld the right of these British subjects to return.

Last week that right was quashed by the House of Lords, which said the government was not just entitled to banish them forever, but right to use a royal decree to do so.

This arcane power, known as an Order in Council, was wheeled out in 2004 to stop an earlier High Court victory leading to resettlement. Why? Because the Americans said that would “significantly degrade the strategic importance of a vital military asset.”

The asset in question, one of 761 Pentagon properties worldwide, is Diego Garcia, a base used to ferry prisoners for torture, or mere “detention or interrogation”, to quote a retired American offical.

But the Chagossians aren’t trying to return there; just to islands 150 miles away. What they’d do if they went back is open to question. Colonial-era coconut plantations died when the islanders were shipped to slums in Mauritius.

The British government says resettlement is unfeasible, though it’s never seriously investigated the option, let alone how it might be funded. A study by a former official says ecotourism, fishing and farming would provide jobs and income. Private investors could build an airstrip, while related costs of up to 17.5 million pounds could be met from development budgets, including billions in unclaimed European aid.

Not so, said the men in ermine. Lord Hoffman’s judgement declared that since the Chagossians had “shown no inclination to return to live Crusoe-like in poor and barren conditions”, they couldn’t expect UK government assistance.

The European funding, meanwhile, is off limits. You need a permanently settled population to apply for it. But, Lord Hoffman concluded, “there seems to me no basis for saying that the right of abode is in its nature so fundamental that the legislative powers of the Crown simply cannot touch it.”

In other words, Britain demands the right to abuse its own subjects’ human rights. Outrageous, say campaigners: “How can it lecture Zimbabwe or Sudan on land dispossessions?” asks Ishbel Matheson of the Minority Rights Group.

MPs are convening a campaigning group of their own, via an Early Day Motion which says “the Foreign Office should now open serious discussions with the Islanders on their mode of return and to provide sufficient funding from UK and European sources to enable justice.”

In the meantime the Chagossians are preparing to fight on, in the European Court of Human Rights. Unless compelled by a higher power, the government won’t be changing its position, though a flunky, Chris Bryant, says “that is not to say that we do not want to do everything we can to support those people.”

That’s nice. But it doesn’t resurrect their rights. Expecting little else, hundreds of Chagossians have moved to Britain, after the government gave them passports a few years back. Some felt bought off, but a new life here appealed to many more than waiting for nothing elsewhere.

None of this changes much in principle. What the Washington Post once called an “act of mass kidnapping” remains a stain on Anglo-American foreign policy. And it continues to get swept under the carpets of power.

David Miliband, the British Foreign Secretary, took office trumpeting “the spread of democracy and good governance”. He says he regrets what his predecessors did. But he doesn’t plan on doing anything differently. So I hope he enjoyed reading the attached, if it ever crossed his desk en route to the shredder.

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Journalism and the English Language

October 26, 2008

An email to the BBC’s Over To You programme

From: Daniel Simpson
Date: 26 October 2008 12:25:40 GMT
To: overtoyou@bbc.co.uk
Subject: “Correspondents say”

Hello,

The BBC World Service News [1200 GMT, Sunday 26 October 2008] has just informed me that “the BBC correspondent in Jerusalem says” Tzipi Livni will face a tough challenge from Binyamin Netanyahu if she calls an election.

This assertion is uncontroversial background fact. If sourced to anyone it should surely be to the opinion polls informing the BBC correspondent’s assessment.

The phrases “correspondents say” and “the BBC correspondent in X says” are cropping up more and more frequently in bulletins, usually in similar situations: to provide a source for background information that is as good as being beyond dispute. 

Who decides when these caveats are inserted and why? If the BBC is sourcing these assertions to itself, why not just leave them unsourced, given that the BBC is the source for all the assertions in its bulletins?

Finally, why are controversial assertions (usually relayed from policymakers) frequently inserted as if they were background fact, with no source?

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Never Cry Wolf

October 23, 2008

An exchange with the FT’s chief economics commentator

The following email was sent in response to this comment:

[T]he impact of the implosion of what the hyper-bearish Nouriel Roubini, of RGE Monitor, calls “the largest leveraged asset bubble and credit bubble in history” is hitting real economies increasingly hard.

A protracted exchange ensued.

From: Daniel Simpson
Sent: 22/10/2008 08:12
To: Martin Wolf
Subject: “the hyper-bearish Nouriel Roubini”

Dear Martin,

Nouriel Roubini said in August: “We are in the second inning of a severe, protracted recession, which started in the first quarter of this year and is going to last at least 18 months, through the middle of next year.”

The IMF said yesterday: “With adjustment in the financial sector likely to be arduous and protracted, a modest recovery is expected only later in 2009.”

Roubini last week revised his worst case timeframe to 24 months, though he continues to say recovery is possible in 18.

Why, then, is he described in your column as “hyper-bearish”?

Is this boilerplate related in some way to your inconsistency in warning readers about “the largest leveraged asset bubble and credit bubble in history”?

Best regards,

Daniel

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American Bankruptcy

October 5, 2008

MENE, MENE, TEKEL, UPHARSIN. …
God hath numbered thy kingdom, and finished it.

- Daniel, 5:25-26, The Bible, King James Version, 1611

A baited banker thus desponds, From his own hand foresees his fall, They have his soul, who have his bonds; ‘Tis like the writing on the wall.

- Jonathan Swift, The Run Upon The Bankers, 1720

 


 
By Daniel Simpson

MULTIPLE FORECLOSURE BLACKSPOTS, Sept. 2008 – It is a cliché of capitalism that every crisis masks an opportunity. The meltdown that just earned one banker a $20 million hello/goodbye bonus drove another to fling himself under a train.

Depression, recession or paradigm shift, or the twilight of Western hegemony; the fear is legion. While markets gyrate around a Wall Street  bailout more costly, and less popular, than the Iraq war, Americans want to be rescued from their own credit quagmire. If owning a home was their dream, and aggressive lending the national nightmare, it’s little wonder lawyers are getting wake-up calls. Whatever it is that stalks people, from houses worth less than they owe to car loans and mountainous card debts, the answer to their prayers is simple: bankruptcy.

At least that’s how Robert Lovett sells it. And for 11 hours daily, this attorney seems to have no end of takers. Chugging coffee between meetings at his office in south-west Florida, he has few doubts why debtors pack his diary. “My clients love me because I make them feel good about bankruptcy,” he says, wide-eyed about a subject to which he’s devoted the past three years. On his desk, as in the waiting room, there’s a book called They Went Broke!?, hawking horror stories of the rich and famous, among them founding fathers (Adams and Jefferson), modern presidents (Truman), moguls (Ford), starlets and writers (the longest list). “Ultimately, I’m bad for banks,” reflects Lovett, still in his twenties, since he helps write off more of their capital, and thus accelerates the economic fallout. “But I don’t know what’s right anymore.” Twenty minutes later, he’s signed away another few hundred thousand. “Yes!” he shouts, as he checks who’s next on his list. “I just convinced someone to give up their condo.”

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