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Bill Moyers's PBS presentation on Cleveland's real estate foreclosure problem was a product, either of economic ignorance, or of deliberate distortion for political purposes. Friday night's Bill Moyers' Journal on PBS placed the blame for Cleveland's very real foreclosure problem on financial institutions' greed, along with the Bush administration's indifference to human suffering. Applying the same analysis to the spread of AIDS, Parson Moyers might conclude that AIDS became a scourge because manufacturers of condoms were greedy. Â He would demand new Federal regulations to prevent AIDS, when, in fact, the root cause is immoral individuals' rampant sexual promiscuity. Â If everyone had practiced sexual abstinence outside marriage, AIDS would be a minor footnote in medical journals. Similarly, the underlying cause for the... [read full story]
