Risk Rap

Rapping About a World at Risk

The Forth Estate Crosses Over

There is this program that runs on the WE Cable Network.  It’s called Crossing Over with Jonathan Edwards.   Jonathan Edwards is a psychic medium.  He stands in front of a live gathering of 75 people and tunes into psychic vibes emanating through the audience.  The vibes are messages from deceased loved ones who have crossed over the Acheron.  The dead are keen to communicate warnings, good wishes and assurances to assist living  loved ones on how to navigate the tricky vicissitudes of life.   During the show, Jonathan walks about the room picking up on celestial chatter and begins to relay and interpret a soliloquy of the dead like a macabre game of supernatural telephone. Jonathan Edwards asks his audience to suspend all disbelief as he bestrides the nexus of the metaphysical spirit world and the pedestrian reality that most earthlings inhabit.

The most common messages the dead channel through Jonathan seek to absolve the anxiety and guilt of the tormented living.  Crossing Over is popular because it offers its audience an  absolution, confirms personal cosmology and rationalizes the pursuit of desires by affirming the consequences of decisions as a self fulfilling prophecy.  It safely places its audience in a self validating cosmic echo chamber.  Its an ongoing morality tale with only happy endings and unfortunately only a tenuous connection to authenticity and objective truth.

The state of the news media industry is very much like Crossing Over.  The Forth Estate once thought of as an objective arbiter, information dispersant and truth seeking medium it is now chosen and consumed as a branded version of reality.

The devastating earthquake that buried Haitians in heaps of rubble unleashed global battalions of news teams to cover the event.  Many of the news crews from large established networks beat first responders to the scene.  In some cases the arrival of news teams actually held up the arrival of rescue teams and supplies because the airfield and crowed airspace could not accommodate all the traffic.  The news teams were forced to hole up at the airport because blocked roads prohibited them from going anywhere.  I recall Robin Roberts and the GMA News team dodging fork lifts and supply trucks left with nothing more to do then to urgently interview themselves.  Correspondents were reduced to ghoulishly opining about the tragedy while eagerly mugging for the cameras with contorted faces to portray the human tragedy unfolding beyond the range of their cameras.

GMA’s presence added nothing and in fact inhibited rescue efforts.  I thought of all the drinkable water these crews consumed could have been used to quench the thirst of Haitians dying from dehydration. Thankfully the GMA News team soon left after spending a self indulgent weekend at the airport. Their moral outrage registered and attempt at ratings grab accomplished.  Their contribution to shedding light on the scope of this tragedy and placing it in a larger context of its meaning to the global community of nations was lost in deference to the tragedy’s emotional impact on GMA reporters.  For GMA the subjective condition of the emotional distress of their media stars had become the story.   Their viewers must have figured that if GMA’s News celebrities were hurting this story must be big.

CNN’s Dr. Sanjay Gupta was an example of how a newsman became part of the story in a positive way.  I recall with great admiration watching a camera crew following Dr. Gupta as he walked amidst the rubble of Port-Au-Prince.  He learned of the location of a hospital and went to investigate how it was delivering services to the injured.  Upon his arrival Dr. Gupta discovered the make shift hospital was little more then injured people being placed in the hallway of a building.  The dead were being stacked outside by a wall surrounding the compound.  The hospital had no doctors, nurses, beds or supplies.  The facility lacked water to clean wounds or salve thirst.  What the hospital did have was a constant stream of wounded arriving in greater numbers desperate for any type of care.  The scale of the quake, the massive amounts of injured victims and the overwhelmed capacity of  the hospitals ability to respond was reported in stark clarity.

Dr. Gupta was overwhelmed by parents cradling their broken children.  Dr. Gupta a licensed medical doctor took off his correspondent hat and put on his stethoscope.  He honored his Hippocratic Oath and started treating babies and the wounded with whatever he could cobble together.  Dr. Gupta was no longer a journalist but was now a doctor.  He asked that the cameras stop rolling so he could perform his duties as a doctor.  I’ll never forget the look on Dr. Gupta’s face.  It spoke volumes about the desperate conditions he was confronting and the firm resolve that he would perform his duties as a trained physician under trying almost impossible circumstances.

We could understand Dr. Gupta’s crossover from journalist to doctor.  It was proper and correct response as a human being but as a journalist all objectivity had been lost and in many respects Dr. Gupta had become the story in a constellation of a million stories emanating from the epicenter of one of the great human tragedies of the past century.  This is a departure from the norm of real time documentary reportage.  I can’t tell you how many documentaries I came away from cursing the producers and cameramen for doing nothing to prevent the baby wildebeest from being  consumed by the lion pack or for failing to offer a family of refugees in Darfur a bottle of water or a ride on their jeep to escape the marauding  Janjaweed.

News Corps, network media division Fox News belies the myth of the monolithic liberal mainstream media and its claim of balance in its marketing handle.   Fox News may offer a fair presentment of the news to its conservative viewership but its claim of balance that suggests the inclusion of a liberal perspective in their news product is specious.

Fox News really came of age following 9/11 and the growing conservative drift of the nation. Its useless to posit weather Fox News created the conservative drift or developed programming to market to this political demographic; but the political inclinations of Roger Ailes and Rupert Murdoch have always been decidedly conservative.  At its founding in 1996, Fox News started differentiating itself from the liberal mainstream media by supporting the Republican impeachment drive of President Clinton, effectively  setting the stage for its partisan approach to reporting the news.  In many respects its unabashed partisanship was a game changer in how news and information was being packaged, positioned and delivered in the emerging narrow casting market paradigm.   Its sentiment not very different from the golden days of yellow journalism practiced by William Randolph Hearst.

Liberals and progressives have criticized News Corp for its lack of objectivity and  balance.  Many believe it to be the official party organ of the Republican Party and its compromised coverage is more akin to propaganda then news.  I believe this to be true as well.  Fox News has countered that it provides both news and opinion.  Fox News employs many of the leading conservative voices.  Karl Rove, Sarah Palin, Mike Huckabee are senior GOP members on the payroll of Fox News.  They regularly appear on shows hosted by Bill O’Reilly, Glenn Beck and Sean Hannity who are conservative celebrities in their own right.  The trick is discerning what is news and what constitutes opinion and editorial content.  The line that demarcates them is increasingly a fine one.  Even the innocuous news blurbs scrolling along the bottom of the TV screen seep in partisanship.  Some may report objective facts like the closing level of the Dow or the latest sports score. These little factoids appear alongside pieces that consistently reinforce the conservative credo of the network.  Its also a practice for commentators like Karl Rove to opine on stories covered on news segments.  The pundits impassioned analysis of the story leaves the listener little room to doubt the interpretation as a validation of the viewers conservative  political sentiments and ideological disposition.  The ability to distinguish fact from opinion becomes increasingly lost in these clouds of obfuscation.

As the model of creating, packaging and marketing partisan news the advent of Glenn Beck as a political entertainer is symptomatic of the maturation of the industry.  Glenn Beck’s show is more of a political reeducation camp that tries to provide low information voters and political neophytes with a more robust framework to understand the history and philosophy of conservatism.  Beck extends the Fox News portfolio of infotainment products.

Beck’s role in encouraging the formation of the Tea Party expands the footprint of News Corp.  Some may consider this crosses the line into political activism but I believe it to be a highly developed form of call and response direct marketing.  Beck’s incessant rants about the imminent collapse of  American democracy, the downfall of free market capitalism and the advocacy of the purchase of gold to hedge against these terrible prospects has attracted  the sponsorship of gold marketers and other fear merchants living large and minting major coin in the time of terror.

Fox is not alone in this sin.  CNBC profited from the pre-crash market run-up and had a vested interest in fueling market speculation and excess.  The business channel owned and operated by NBC  took some heat on this issue in the wake of the market meltdown.  During the market run-ups and the creation of the numerous market bubbles CNBC was taken to task for its roll as a biased shill in creating a risk averse mania that fed into the speculative orgy.  The encouragement of reckless behavior would cost investors and Main Street citizens a good portion of their retirement savings.  Jon Stewart took on CNBC celebrity Jim Cramer for his role in stoking unhealthy speculation. The claim of caveat emptor is not a sufficient disclaimer to absolve CNBC of this perceived wrong doing.  Information and data is the fuel that powers the capital market engine and viewers perceived CNBC to be a critical channel for this type of decision support data and analysis.  As animated red bulls flashed across the TV screen screaming “buy buy buy” the speculative urge feeding the demon greed of Cramer’s viewers jumped at the prospect to secure easy profits and pushed the execute button to route a flood of orders to E-Trade.

Media outlets were not alone in profiting from the conflict of interest in their business model.  The rating agencies Moody’s, Standard and Poors and other issuers of financial health assessments were roundly criticized for a business model that accepted fees from companies  to determine their investment ratings investors use to judge safety and soundness of the companies securities.  Investment banking institutions like Goldman Sachs and Morgan Stanley ran into trouble for trading securities that they advised their clients to hold in investment portfolios.  Large commercial banks have also been called on the carpet for the inherent conflict of interest in their mortgage lending business that integrated mortgage underwriters, originators, servicers, securitizers and investors under a single roof.

Citizens United vs. Federal Election Commission has given corporations a megaphone to direct enormous amounts of capital and influence on Americas political culture.  The exponential growth of the political industrial complex places media companies on the cusp of an emerging market.  News Corp occupies a well defined franchise in the vortex of this growth industry.  News Corp will be the predominant media channel attracting politically sponsored advertising from 527 corporations to advocate issues central to the conservative agenda.  The market for political theater is strong and growing and News Corp has one of the hottest theatrical properties in celebrities like Sarah Palin and Glenn Beck.

If Fox News bends and packages information with selected editing in support of political narrative; Andrew “NAACP” Breitbart and James “ACORN” O’Keefe edits news to create a false narrative to affirm ideology.  The omnipresent  multi-channel digital world and the need for consistent real time affirmation justifies entrapment and libel as fair game in the political narrative. The specious political ethics of radical entitlement, means justify ends, medium is the message and relativistic ethics is the next step of  an ideologically mature ,technologically enabled infotainment industry.  The self affirming echo chamber that verifies fact and swears to any truth is blessed with selective amnesia and a self correcting mechanism of  a highly refined subjective fact checker informed by extreme prejudice.

Jon Stewart  use of satire and exaggeration to make a lager point of clarified and reified truth is old school stuff.  In the Age of the Avatar,  the real, the imagined, the intended and the manifested get confused in the digital clouds of form, delivery and content. The medium is the message, the network is the computer and Jon Stewart’s Rally to Restore Sanity was a marketing event to stake a claim on the market of moderation.  No doubt a highly educated discerning market segment with lots of disposable income.  Its only downside its getting a little long in the tooth.

The Forth Estate is rapidly evolving due the dramatic changes in technology, market structure, business model and consumer consciousness.  The role of the free press and the constitutional protections it enjoys in a democratic society is under siege and on the verge of bankruptcy.  The New York Times, Chicago Tribune and LA Times are old media institutions struggling to stay financially solvent and culturally pertinent.  Time will tell of their ability to evolve and create a sustainable business model  that will be validated by a market economy.  We have learned that truth, disclosure and transparency are not priceless assets but virtues that must support a sufficient  p/e ratio to to survive in a capitalist economy.

The past few weeks we’ve had a few First Amendment martyrs.  Rick Sanchez, Juan Williams and Keith Olbermann learned that the sword was more powerful then the pen.  The more important lesson that managers could remove them on the whim of executive fiat if they failed to demonstrate restraint of pen and tongue.  In actuality the  removal of these gentlemen from the news desk was more of a business decision then a violation of  their right of Free Speech.

As we enter the second decade of our two wars on terrorism even the embedded journalists rolling through the distressed hamlets of Iraq and Afghanistan are getting a bit war weary.  Like a captive hostage the embeds could not help but to identify with their chauffeurs.  The brave soldiers driving the Humvees’ were always in control of what the embeds saw, was responsible for their safety and quickly became the reporters best friend born of dependency, admiration and the comradeship that develops during war.  Objective reportage was the first causality in this  type of arrangement.

We need to take a cue from Jonathan Edwards.  He is the real shaman of our time.  Blessed with unique skills to help his audience to realize that self affirming connection is only possible by crossing over and taking suggestions from the well placed authorities residing in an unseen mysterious supernatural world.

You Tube Music Video: Tom Waits, Lie to Me

Risk: First Amendment, free speech

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November 12, 2010 Posted by | 9/11, banking, branding, business, Clinton, commercial, commodities, culture, democracy, democrats, economics, elections, government, history, investments, marketing, media, news, philosophy, politics, product, regulatory, sustainability, Tea Party, war | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

St. Michael Save Us!

Michael_Jackson_an_angel_by_Ice_BeatMichael Jackson is now one with the ages. MJ’s passage from this earth marks the death of an American hero and the birth of an angel or possibly a saint. MJ now joins Elvis and Princess Di to complete a divine celestial trinity.

First there was Elvis, The King. The American dream and the innocence of an age dies way too young. No worries, Col. Parker transforms it into the tragic legend of an unsullied Americana that refuses to die even as its mummified corpse lying in state at Graceland continues to twitch from all the amphetamines old Elvis consumed during his historic run in Vegas.

Elvis, the everyman saint. Rising from the humble estate of a Mississippi delta dirt farmer. Elvis would conquer the hearts of his countrymen with sweet southern charm, an impish smile and an untamable shock of hair that flipped when his hips rocked. His love me tender silky voice had the power to weaken every woman’s knees. Countless men would also be curiously drawn to emulate his persona by adopting the vain King’s more frilly affectations. It was a curious example of socially acceptable homo eroticism in a don’t ask don’t tell and certainly don’t show society.

Princess Di, The Lady of the Lake, would follow Elvis. Her story genuinely tragic because her violent demise was not her doing. Her story truly the stuff out of a very Grimm fairy tale. A more gorgeous Cinderella could not be found. Yet her unprincely prince yearning to free himself from under the shadow of a perpetual queen would flummox his princess bride. It would doom this marriage and force the affection starved Princess into the arms of another. This fairy tale did not end well for the defrocked Princess. Her loyal subjects refused to let this very contemporary aristocrat descend to the pedestrian status of commoner. Her minions jealously guarded the memory of this royal icon. They sought to affirm personal fantasies that attaining royal status, though remote, is a possibility; and that beautiful benevolent monarchs are real people like them who deeply love and identify with their daily trials. Devoted Britoners make pilgrimages to her final resting place that is worthy of Queen Guenevere. Pricess Di is entombed on an island in an ornamental lake known as The Round Oval. The lake is located in Althorp Park’s gardens the ancestral home of Princess Di’s family. The Round Oval is surrounded by a path with thirty-six oak trees, marking each year of her life. Princess Di’s constant sentinels are four black swans that swim the lake amidst water lilies, which, in addition to white roses, were Diana’s favorite flowers.

MJ’s beatification will proceed abetted by fawning fans, a complicit family and entertainment media moguls eager to do large licensing deals to insure that royalties continue to accrue to the King of Pop estate and its agents. His veneration will address the American peoples deep seated need and unending capacity for hero worship. This need is only exceeded by our driving compulsion for instant gratification through gluttonous consumption. For many, this is the principal freedom promised to any and all Americans; an inalienable right to satiate any whim or whimsy money can buy. Nowhere in recent memory do these character deficiencies coalescence so neatly as they do with MJ.

The voracious consumption of culture knows no bounds. Like every other aspect of American life, culture as a commodity is the only culture we know. Radical capitalism has so thoroughly reified itself into the fabric of our everyday life that we find it increasingly difficult to imagine or experience human relations or interactions outside of a commercial transactional exchange. MJ significant buying power purportedly allowed him to bleach his skin, remove a negroid nose, purchase a triptych of white kids, fiance a voracious prescription drug addition and allegedly engage and cover up pedophilia activities.

MJ’s life was the triumph of consumer capitalism. Marketing changed and created MJ and the idea of MJ. From his very first appearance on the cover of Tiger Beat magazine as a member of the Jackson 5, to the ghastly image of his corpse filled body bag being offloaded from a helicopter on its way to the city morgue; MJ was a commercial vehicle, a marketing juggernaut that enriched a multitude of people, fattened his bank account and tormented and robbed his soul.

Yes MJ could have anything and everything money could buy yet he found no peace. This mythic figure created, manufactured and marketed by immutable corporate institutions seeking to seamlessly bind our mind and soul to an existential dream of material opulence in reality is much more the nightmare. It is more akin to imprisonment in a gulag of Walmarts; then the elusive personal liberation tantalizingly dangled by the broken promises of consumer capitalism. MJ’s death truly signals a hair on fire moment for our culture and no metaphor could be more powerful then his Pepsi commercial shoot gone bad.

Our myths instruct us to hold on to our Valium and amphetamine addicted lifestyles. Its the price we must pay to work and acquire the things that hold the illusory promise of freedom. We need heroes to emulate. It fuels our Viagra driven power surges in a queer transference. Its how we escape our daily pedestrian dread. It is how we live to converse with the God’s if only for a few fleeting infrequent moments allowed by the running meters of consumer rapture.

Here we are led to believe that after a heavy day of fighting the power, misogynistic rappers guzzling Christal and lighting Cuban spliffs with hundred dollar bills are the just rewards for speaking truth to power and taking on the man. Madison Avenue business is the creation of virtual mythology.

MJ’s career trajectory perfectly captured the arch of American culture since the Viet Nam war. The perfect antidote to The Black Panthers and Malcolm X, the cutesy Jackson 5 were acceptable Negroes welcomed in all white American living rooms as they stomped on Ed Sullivan’s TV Show. To the final funereal spectacle complete with a homily by Rev. Al Sharpton offering MJ apologetics and the Afro American Hollywood bourgeoisie rolling up to the Staple Center in a caravan of Black Danalis perfectly captured a peculiar resonance of Barack Obama’s America. MJ always at its epicenter. Placed their by the power of Madison Avenue media mavens and blockbuster Tinsel Town agents.

CNN was crowing how this event was about the common folk. Not the stars or glittering sequined gloves worn by MJ pallbearers. Elvis was a Horatio Alger type story. Princess Di let us fantasize about our royalty as we sat in our personal castles of over mortgaged homes cluttered with Rubbermaid artifacts. MJ was evidence of the triumph of marketing and the divinity of packaged consumer capitalism. Look again at the man in the mirror. Let it reveal how consumer fantasy makes every man King and each day a coronation through the availability of fast and easy credit.

Joseph Campbell wrote in The Hero Has a Thousand Faces “Wherever the poetry of myth is interpreted as biography, history, or science, it is killed. The living images become only remote facts of a distant time or sky. Furthermore, it is never difficult to demonstrate that as science and history mythology is absurd. When a civilization begins to reinterpret its mythology in this way, the life goes out of it, temples become museums, and the link between the two perspectives becomes dissolved.

As the world begins its frantic search of Travelocity for deals for a Hajj to the Neverland Ranch, some might recall St. Michael the Arch Angel who cast Lucifer out of heaven. MJ will be St. Michael the Second. It may be an ironic twist of fate that MJ will hold second billing for eternity to an Arch Angel portrayed by John Travolta in the film Micheal. I’m sure his publicists are busy planning a PR campaign to rearrange the celestial order of things.

You Tube Music Video: Gil Scott-Heron and Brian Jackson: Madison Avenue

Risk: culture, capitalism, marketing,

July 30, 2009 Posted by | branding, commerce, commodities, culture, democracy, institutional, manufacturing, marketing, media, movie, pop, product, reputation | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment