I clearly spend too much time reading blogs, because I stupidly thought it
was only right-leaning bloggers who would be so thoughtless as to refer
to the mortgage-freeze plan as a bailout. Tinbox, however, notes
that in fact it’s the press which is most at fault here. Herewith, then, a roster
of shame, confined only to high-profile news organizations using the term in
the headline:
BusinessWeek: "What
the Mortgage Bailout Means For You", "Investors
Back the Bailout, Cautiously"
Financial Times: "Bush’s
subprime bailout"
Fortune: "Paulson’s
bailout may boost GOP’s prospects"
ABC News: "Who
Qualifies for Bush’s Mortgage Bailout Plan?"
New York Post: "Bush’s
Subprime Bailout Lacks Concrete Details"
Chicago Sun-Times: "Bailout
not for all"
Etc., etc., etc. The Getting It Right prize, interestingly goes to Jim Cramer,
of all people, with "Bush Subprime
Plan Not a Bailout".