Coffee heat rising

w00t! Times has PF frenzy!

OMG. This morning’s New York Times, ever in touch with the whims of the moment, has gone overboard in its coverage of personal finance and frugality. And as usual, they’re a day late and a dollar short (sorry, Times editors: but what can you do when you have to steer a 1,500-ton flagship?). 

To start with, over at Get Rich Slowly, Mrs. JD published a highly entertaining piece on the virtues (and drawbacks) of DIY. Hoot! She scooped the FRONT PAGE (no less) of the Times by a full day! Appearing in print a good 24 hours later, Times reporter Susan Saulny comes forward with some of the funniest DIY disasters on record…okay, okay! They’re not funny if they happen to you. But if they don’t…heeeeee!

The entire freaking Times Sunday Magazine is devoted to PF issues, right down to Randy Cohen’s column, “The Ethicist.” We were given a heads-up on this by Frugal Scholar, who, before the magazine hit the newsstands, got a conversation going, with a follow-up, on financial writer Edmund Andrews’s so-scary-I’m-hiding-under-the-bed article about his journey toward desperate indebtedness. The mag, which features a mildly annoying photo of Suze Orman on the cover and an eye-glazing profile inside, is quite the tour de force. A really creepy piece on credit card companies’ interest in the psychology of tu et moi (by Charles DuHigg) struck me as easier to read than David Leonhardt’s no doubt much more significant article on the economic relationship between China and the U.S. Overall, it’s good, very good.

But oh, my friends, and ah, my foes: bloggers got there first!

😀

What d’you want to hear on NPR?

For several months, I’ve been participating in a series of National Public Radio surveys, which are always kinda fun and make me feel like I have some tiny voice in…somethingorother.

Today’s survey asks what kind of economic news we’re hearing and what kind we want to hear. At one point, it inquires what proportion of national news we’d like, what proportion of stories about individual citizens, what proportion of local reporting.

I guess I’m an awful crank, but you know…I could do with a lot fewer human-interest pieces. Today, for example, NPR focuses on the life and hard times of Ms. Sylvia Martinez, whose luck has been flowing downhill since she was laid off a $52,000-a-year job. “Fifteen days from homeless,” she’s victimized by a fire in an apartment above hers, which leaves her few belongings soaked and the ceiling down in the living room. She’s unsuccessfully assayed suicide, her grown daughter has fled (taking Sylvia’s grandchild), and on and on.

It’s not that I’m not sorry for the lady. It’s that I don’t think wallowing in stories like this serves any purpose. We know, already, that things are tough all over. Breathes there one American citizen who doesn’t have a relative, friend, or acquaintance affected by the collapse of the Bush economy? If we haven’t seen the equity in our homes disappear, if we’re not making payments on a mortgage that exceeds the value of the asset underlying it, if we’re not out of work ourselves, we certainly have enough people in our own lives who have been hurt by this disaster to understand what it means on a human level.

Please, dear NPR: Take your reporters off the sob stories and assign them to local coverage. Get rid of some of the gab-fests and replace them with in-depth local news programs. As newspapers close and local television and radio news stations deliver little more than advertorial and infotainment, we need professional, responsible, investigative reporting on the local level. We need news, real news, on all levels: international, national, and local.

Do you listen to NPR? If so, what would you like to hear more of? Or less of?

Stop the presses…literally

Word on the street has it that The Arizona Republic, the only daily metro newspaper serving the fifth-largest city in the nation, is laying off most of its photographers and much of its editing staff. A few unseasoned reporters will be retained. In the fall, we’re told, the Republic is slated to morph into a tabloid. Those who will staff this downsized entity, the ghost of our right-to-work state’s flagship newspaper, will have no health insurance and a pension plan that will be, shall we say, commensurately downsized. Thus saith the paper’s present owner, the Gannett Corporation.

The Republic, having abandoned journalism years ago, no longer has much of a readership. It’s losing readers even as the population of the Valley grows. There’s a reason for that: it doesn’t publish news.

This is no exaggeration. One year a mayoral campaign came and went with almost no mention of the candidates. Yesterday (we’ll give it this much), its print edition mentioned that unless Our Esteemed Legislators approve a budget within the next two weeks, the state budget will expire and state employees will not be paid on July 3. Having heard this from La Maya and having a vested interest in getting paid on July 3, I went to the Republic‘s online edition and found not…one…word about the possibility that Arizona’s largest employer may fail to pay its workers and that state government is, as we speak, preparing to shut down all nonessential services. The lead online story concerned the recent opening of a new ice cream store.

Turning this formerly major metropolitan newspaper into a throw-away tabloid will put it head-to-head with New Times, which succeeds because it has verve, sass, only the thinnest veneer of journalistic ethics, and lots of advertising. Lots and lots of advertising. New Times is entertaining but devoid of credibility. On the other hand, it does attempt to follow local politics. You can’t believe a word it publishes about local government, but at least it has some words!

Newspapers that abandon their mission to deliver the truth to the public and forget the importance of that mission have nothing to sell. For a long time the Republic has staggered along with dwindling advertising, but as readers lost interest in the paper’s content, advertisers lost interest in its ballooning space rates. Who reads the local newspaper’s classifieds when you can go to Craig’s List? What’s the point of pawing through page after page of irrelevant retail adds to clip a few coupons when you can download what you want from the Web? And why pay to advertise in a newspaper that nobody reads?

I canceled the Sunday Republic when I realized that the only things I was reading were the front page (part of it) and the funny strips; it felt ugly and irresponsible to throw away three or four pounds of advertising to read a half-dozen pages of ephemera. Just the thought of how many trees were pulped only to be tossed directly into the trash disgusted me, and I decided to stop abetting that kind of criminality. Not long after, I realized I’d rather pay to have The New York Times delivered to my house and so canceled the Republic altogether.

It’s a sad development. There’s a reason journalism is called the Fourth Estate. It’s an important part of the polity of a democratic republic. When we cannot get information about what’s going on down at City Hall or over at the State House, we as voters are in the dark. And our path through the darkness, as we have already seen over the past decade, is inexorably leading us toward tyranny.