
Is what is NOT being said spin? Of course. In the PR world we call it spin, in politics we call it a great plan. It was, or sounded like a great plan when President Clinton proposed using Fannie Mae, the quasi government morgage guarantee company, to help people who would have not been able to receive a loan through normal means. This policy (circa 1999) helped many struggling Americans receive a loan to buy a home, who otherwise would not be able to qualify. Sounds good so far... what is NOT being said is the inevitable cause and effect when government interfears in the free market. Such as Bizillions of dollars loaned to these people who now can't afford the payments. Big mess! So big that I heard this would require a $700 BILLION bailout from the lovely taxpayers (you & me).
Last week we witnessed Barney Frank gabing about the current economic trainwreck caused by President Bush. Not one word from the 'Frankfurter' about this being a Clinton policy to begin with... talk about spin :) One guess who wrote this fine peice of legislation for the Clinton administration.
Times up! Barney Frank. Don't you just love politics.
Last week we witnessed Barney Frank gabing about the current economic trainwreck caused by President Bush. Not one word from the 'Frankfurter' about this being a Clinton policy to begin with... talk about spin :) One guess who wrote this fine peice of legislation for the Clinton administration.
Times up! Barney Frank. Don't you just love politics.
The PR world is always being called out and blamed for spin, but when we look to the governement and disect their proposals the proof is in the pudding. As PR professionals it is our ethical responsibility to stear clear of propaganda because guess what, people will only beleive and trust what you say for so long. But it is our respobsibilty as Americans to inform ourselves so that we can see through this spinning mess. Because I learned as a child if you spin enough inevitably you get sick and pay the price.