Obama Criticizes Finance Bloggers

by James & Miel on March 9, 2009 · 0 comments

Hi All,

President Barack Obama was quote in the New York Times as saying the following about finance bloggers:

Mr. Obama rode to the White House partly on his savvy use of new technology, and he has a staff-written blog on his presidential Web site. Even so, he said he did not find blogs to be reliable, citing the economy as one example.

Part of the reason we don’t spend a lot of time looking at blogs,” he said, “is because if you haven’t looked at it very carefully, then you may be under the impression that somehow there’s a clean answer one way or another — well, you just nationalize all the banks, or you just leave them alone and they’ll be fine.” (NYT).

To be entirely fair, the president is under a great deal of strain – between two wars, a collapsing economy, and attacks from his political enemies – he has a tremendous amount on his plate. He may even be correct in his assessment of bloggers generally. However, we DINKS spend a great deal of time on creating good content, and I personally find the president’s comments in this regard to less than encouraging.



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