I listened to this morning's CBS News World News Roundup on WBBM-AM 780 in Chicago.
One of the segments was the last part of a CBS series on Social Security. CBS chose to quote only the insurance industry and the extreme libertarian CATO Institute. The reporter claimed that the Social Security system would be "in the red" in 12 years. This is incorrect. In 12 years, the Social Security system will start using the interest from the trust fund as it was originally designed to do. This distortion and the one-sided interviews gave the impression that the Social Security system is in crisis. Factually, it is not. The system is solvent until at least 2042, and repealing the Bush tax cuts for the wealthy would provide more than enough money to fix the system indefinitely.
I know that people should hear from both sides in the debate, but this doesn't mean that the press should be neutral on the facts. The fact is that the Social Security system is in good shape, but CATO and the Republicans oppose social security for ideological reasons. They can't stand to see a government program that works for the people.
CBS may have had good intentions for its series on social security. However, CBS aired a piece that sounded educational, but was ill-informed and harmful to responsible government.
This is a prime example of what has gone wrong with journalism. Journalists may prefer to quote others rather than inject their personal opinion, but it is both unethical and unprofessional to present an array of quotes which do not accurately reflect the facts in the case.
Fox News has a deliberate policy of reporting things that favor the Republicans, corporations and the ultra-rich. Unfortunately, other networks that may have weaker biases are hobbled by laziness and a lack of ethical concern.