Archive for September, 2012
Shep Smith was the on air man providing explanation and context for Fox News viewers in the god voice as the camera rolled when one of his real-life actors went berserk at the end of the chase. Once out of his car, the man staggered around like a hunted deer in the spotlights fleeing from police and the incessant roar of the helicopter above. This might have been the moment to end live coverage but instead the camera kept rolling and Smith struggled with the interpretation for viewers at home. “I would just- he is looking rather erratic, isn’t he?,” said Smith sounding less godlike by the second.
While Smith waited for re-assurance from somewhere, he continued the broadcast with filled pauses of ums and dunnos and oh mys. Meanwhile the cornered man on screen was increasingly out of options. “Well, it looks like he’s a little disoriented or something…” Smith suggested. Desperate to re-assure viewers this could never happen to them, he ascribed a motivation: “it’s always possible he could be on something.” While Smith invented the news, the cameras rolled on.
Utterly helpless and hopeless, the man reached for a gun and killed himself. After a second, the video jerks back to the studio. There is the strange sight of Smith issuing repeated cries “get off” for six seconds. Each call is more urgent than the last, until he shouts one final “GET OFF IT”. He turns away from the camera before they finally break for an ad claiming to be for “mesothelioma families” – Call Now 1-800-444-Meso – but is actually for lawyers.
When he returned Smith didn’t apologise for the fake ad but there was extraordinary grovelling for airing the suicide footage. “We’ve got some explaining to do,” began Smith. With the “we” Smith spread the blame across the organisation. “While we were taking that car chase and showing it to you live, when the guy pulled out of the vehicle, they went on five second delay. So that’s why I didn’t talk for about ten seconds,” he said. “We created a five second delay as if you were to bleep back your DVR five seconds, that’s what we did with the picture we were showing you. So that if we would see in the studio five seconds before you did, so that if anything went horribly wrong, we’d be able to cut away from it without subjecting you it.” Smith paused before adding “And we really messed up.”
That they were continuing to mess it up was shown in the strange editing error that followed immediately afterwards (36 seconds into the video) that makes a double-voiced Shep say “I am all very sorry”. Shep said the footage “didn’t belong on TV” but he didn’t explain why. Instead he worried about the internal systems that failed to keep the content out. “We took every precaution, we knew how to keep that from being on TV,” he said. “And I personally apologise to you that is what happened. “
Looking to the side rather than direct into the camera, Shep continued: “Sometimes we see a lot of things we don’t let get to you, because it is not time appropriate, it’s insensitive, it’s just wrong. “ He turned back to face the camera. “And that was wrong. And that won’t happen again on my watch and I’m sorry,” he said. “We’ll update you on that guy and how that went down tonight on the Fox Report.” Smith repeated he was sorry and then set up his voice for the next story: “Now, the attack on…” It is 24 hour news after all and the show must go on.
Despite Smith’s hopes for “his watch”, a lot of people weren’t going to wait for the Fox report to see “how it went down.” Smith’s patriachal protection of his audience might have worked 10 years ago but not any more. He must have known that someone would grab the footage and it would go viral. Gawker were quick off the mark publishing a link (with caution) to the original footage via Buzzfeed and also to Smith’s on air apology.
The first Gawker commenter picks up an obvious problem: “I’m confused. If they went to 10 delay, how did the suicide end up on screen anyway? I don’t understand Shep’s explanation,” Scout’s Honour said. It was five seconds not ten, but Scout’s point holds up. Wrapped up in his godlike role as narrator, Shep overplayed his hand and took six full second after the death to realise they had “gone too far”. In panic, he takes another five seconds to realise someone has pressed “dump” button out of the broadcast. So we get the strangeness of viewers watching him shouting at some-one to get rid of the delayed footage.
It was a category error on several levels that asked many questions of Fox in particular and 24 hour news in general. Car chases are popular time sinks for the networks and easy to follow once you’ve invested in a helicopter. While one such chase unfolded on air in 2009, Smith quipped on air about the energiser bunny and how he had enjoyed this type of entertainment for many years. So after Buzzfeed, Gawker and others quickly pounced on the mistake, it was surprising to hear several journalists blame the messenger. The Columbia Journalism Review tweeted, “Who’s worse? @FoxNews for airing the suicide, or @BuzzFeed for re-posting the video just in case you missed it the first time?” while Reuters social media editor Anthony De Rosa asked “Why is Buzzfeed sharing a suicide video?”
Al Tomkins in Poynter answered both questions when he picked up on the hypocrisy of the apology. Tomkins wanted to know the guidelines for broadcasting chases. “Are you prepared to air the worst possible outcome that could result from this unfolding story?” he asked the broadcasters. “What outcomes are you not willing to air? Why? How do you know the worst possible outcome will not occur?” It is unlikely any broadcaster has asked themselves too deeply on this or about Tomkins other concerns about car chase coverage: motivations, truth, consequences, tone, safety nets, training and time of day. Broadcasters show them for the same reason they show the 1-800-444-Meso ads: they make money.
Tompkins said he was not an absolutist and there are situations when chase coverage is useful for people near the scene. But his unspoken argument was that they served mostly commercial ends. “These are humans involved, struggling with their lives as we transform them into “stories,” he said. “They are humans, they are not ratings points.” But as long as there are ratings points, we will have to put up with the occasional pious homily about live deaths.
The great black boxer Peter Jackson never forgot his first defeat. Years later on his deathbed in Roma in Western Queensland, Jackson discussed the matter at great length with his doctor Guy L’Estrange. That loss to Bill Farnan in 1884 in Melbourne was Australia’s first heavyweight fight with gloves. Jackson was already a famous and feared fighter and expected to win, despite carrying a leg injury. But Farnan beat him in three rounds.
We don’t know what rundown Jackson gave L’Estrange about the Farnan fight on his deathbed in 1901, tragically aged just 40. But there is evidence foul play was involved. In in its eulogy for Jackson, the boxing magazine The Referee published the suggestion Jackson was nobbled in the fight and had been “given a dose”.
Despite, or perhaps because of this grievance, the loss spurred Jackson onto greater things. Born in Christiansted on the island of St Croix in what was then the Danish West Indies (and is now the American Virgin Islands) in 1861, this black kid from the Caribbean found himself in the strange world of Sydney aged 16 and standing six feet tall. He was gentle and easy going and didn’t like a fight. But his weakness for food led him to Larry Foley’s Hotel. Larry Foley was one of Australia’s first boxing champions who was undefeated at bare-knuckle fighting. He liked the look of Jackson and tried him out in the back shed. Foley gave Jackson a job and the training he needed in ringcraft.
Jackson became as good as his mentor in bare-knuckle and would sometimes fight with his right arm bound. Four months after the Farnan loss, the pair held a rematch. The bout was indecisive with police stopping the fight in the sixth round after spectators stormed the ring. Farnan retained his title by default but lost it to Tom Lees two years later in 1886. Jackson beat Lees later that year to take the title. Foley gave him a special belt to celebrate the win, now in the possession of a Sydney based collector.
Having conquered Australia, Jackson went off to take on the best in the world in America. He arrived in 1888 and started with an 18 round victory over Black Canadian George Godfrey. Godfrey had previously tried to fight John L Sullivan but after Sullivan became world champion, he refused to fight black boxers. Jackson would run into the same problem with Sullivan – he would not “lower himself to fight a nigger” – and Jackson left frustrated for England.
Jackson chalked up two years of victories in England and returned to the US hoping to get another chance to take on the champion. But Sullivan still would not get in the ring with a black man and turned Jackson down. Instead, Jackson fought Sullivan’s main contender, Gentleman Jim Corbett. Jackson was five years Corbett’s senior and was ill for ten days before the fight in May 1891 and had a sprained ankle. Yet Jackson and Corbett slogged it out for 61 rounds for an energy sapping draw with most observers saying Corbett had the worst of it.
Though Corbett would later go on to defeat Sullivan and become world champion, it was the Jackson fight he remembered best in the biography The Roar of the Crowd. “That night I thought Peter Jackson was a great fighter. Six months later still tired from the fight, I thought him a greater one. I still maintain he was the greatest fighter I have ever seen.”
But Jackson would never lift the world crown. After the Corbett draw he went back to England and defeated the snarling Australian-Irish fighter Paddy Slavin to lift the British and Commonwealth titles in a difficult bout. The pair had bad blood since Sydney days and they still hated each other intensely. In the eighth round Slavin broke Jackson’s rib and a splinter punctured a lung. In intense pain, Jackson seemed beaten but rallied in the tenth to take control of the fight and pounded Slavin to pieces. The referee insisted the fight continue until Slavin was knocked out but the damage was fatal to Jackson.
The punctured lung never repaired and Jackson went on a downhill spiral. He was forced to appear in vaudeville, giving boxing exhibitions in circuses and as Jeff Rickert and Raymond Evans said about him in “Radical Brisbane: An Unruly History”, acting as a grey-wigged Uncle Tom in stage performances of Uncle Tom’s Cabin. Suffering from tuberculosis, his last fight was against the powerful Jim Jeffries in 1898 and Jeffries knocked him out in five rounds.
Though Jackson always retained Danish citizenship, it was to Australia he returned in 1899, his career in ruins. He trained fighters in Sydney for a time but his TB worsened. On the advice of doctors, he retired to the dry heat of Roma, a shadow of the giant he once was. He died on July 13, 1901 at Argyle Cottage a privately run sanatorium which was later demolished to make way for the southern end of Roma’s airstrip. Dr L’Estrange put the cause of death of the “retired pugilist” as pulmonary phthisis exhaustion.
Jackson was due to be buried at Roma but there was a last minute change of plan. Another black West Indian boxer, Jack Dowridge from Barbados, who fought under the label of the Black Diamond, sent a telegram asking for the body to be sent by train to Brisbane. Jackson’s casket was escorted to Roma Railway Station by a band with a procession of sporting bodies and dignatories. In Brisbane, the procession went from Dowridge’s Hotel to Toowong Cemetery where he was buried in an unmarked grave.
Dowridge, with the help of several journalists and Jackson’s former coach Foley began to raise funds for a Jackson memorial. After a public subscription, Sydney mason Lewis Page carved a dazzling white Carrara marble monument over Jackson’s grave with an image that looks nothing like Jackson. The inscription repeats what Shakespeare’s Antony said about Julius Caesar “This was a man”.
But the best tribute was paid by Jack Johnson, an uppity black boxer from Galveston, Texas who achieved what was denied Jackson. On Boxing Day 1908, a white Australian crowd in Sydney was stunned when he defeated Canadian Tommy Burns to become the world’s first black heavyweight champion. A few weeks later he went to Brisbane and Dowridge took him to visit Jackson’s grave in Toowong. A.E. Austin of the Brisbane Courier said the living champion spent a quiet few moments in silent contemplation at the grave of his brother-in-arms. “It was an impressive sight to see the living gladiator kneeling for a moment over the tomb of he who was Australia’s fistic idol”, Austin wrote.
Clive Palmer continues to hold a fascination for Australian politicians and the media alike. Prime Minister Julia Gillard invoked his name in her revenge attack on Campbell Newman’s Queensland LNP Government. Gillard made a long speech to the Queensland ALP conference yesterday but it was the reference to Clive Palmer (curiously left out of the official transcript) that gave the Brisbane Times its lead. “Even Clive Palmer is having doubts,” Gillard said. “You know the ship is going down pretty fast when the bloke who wants to resurrect the Titanic is seen leaving it.”
Forbes estimates Palmer as being worth $795m making him the 29th richest person in Australia. Palmer said his father George, a successful silent movie star of the 1920s and radio pioneer, had the greatest influence on him. “Dad worked with the then Prime Minister Billy Lyons when he was in power, advising him on media stuff. He was probably the first of the spin doctors,” Palmer told the Gold Coast News. “He also set up train and buslines for transportation. He broke that monopoly that the state railways had. He was quite an amazing guy.”
On leaving uni, George’s son got a job in real estate in the Gold Coast. He quickly became their top marketing consultant, before setting up his own company, GSS Property Sales. With the Coast in the middle of a construction boom, Palmer thrived and was worth $40m before the age of 30. In 1986 he set up companies to buy iron ore deposits and trade oil. He became a close confident of Joh Bjelke Petersen and an admirer of the way the Premier turned Queensland into a coal exporter. Palmer was considered the architect of Joh’s final election victory in 1986.
Palmer also met Soviet leader Mikhail Gorbachev and set up joint ventures with Russian companies that persist to this day. Palmer also greased the wheel with Chinese interests and had to be very patient to make the deals work over many years. The lesson was to treat everyone with respect. Palmer said their collective decision-making process often allowed middle management more power than the managing director. But Palmer’s key skill was his sense of timing. As Griffith Uni’s Jason West said, thermal coal prices spiked to unprecedented levels allowing the likes of Palmer, Hancock and Forrest to experience profit margins beyond their wildest expectations. “Instead of earning margins of $2 to $10 a tonne as they had for decades, coal miners were now earning margins of $50 to $100 a tonne which in turn increased asset values to levels rivalling well-established and brand name top 50 firms,” West said.
West said Palmer had one income-earning asset and a whole bunch of tenements offering nothing but promises of future wealth. But some of those promises are extremely lucrative. They include the massive $8 billion Sino Iron Project at Cape Preston, 100 km south west of Karratha, WA expected to deliver before the end of the year. Owned by Hong Kong-based CITIC Pacific, it is on Palmer’s tenements and will be the largest magnetite iron ore mining and processing operation in Australia. The Sydney Morning Herald estimates Palmer will rake in half a billion a year in royalties on Sino Iron.
These are impressive numbers for someone who is still mostly regarded as a joke. Much of this poor public profile is his own fault due to his buffoonish tendency to act as a walking headline. Palmer is not shy about self-promotion and prefers to call himself Professor Palmer, courtesy of an honorarium from Bond University. Somewhat bizarrely, he has also been officially listed as a “national living treasure” though the National Trust of Australia offers no reason for this accolade other than the incorrect statement “Palmer is a self–made billionaire”.
If you are a man, in your early forties and single, then chances are you are more likely to be bankrupt. That’s the finding of the Profile of Debtors 2011 a new report released by Insolvency and Trustee Service Australia. This Government agency knows this because anyone who becomes bankrupt must lodge a statement of affairs with ITSA.
The Bankruptcy Act 1966 allows for trustees to distribute property fairly among creditors and prosecute dishonest debtors. Bankruptcy lasts three years but can be extended. Since 2003 several patterns among bankrupts have been noticeable: they are mostly male (55:45), they are getting older, and they have less children than before. The primary causes are unemployment and economic conditions affecting their industry (particularly since 2009). The majority of bankrupts earn $30,000 or less and the size of their unsecured debt is increasing. Despite their low incomes, almost half of them have unsecured debt of more than $50,000 and over a quarter per cent have unsecured debt of more than $100,000.
Over 23,000 Australians went bankrupt in 2011 and ISA constructed a profile of the average bankrupt last year. He was male aged between 35 and 54 years and single without dependents. It was his first time bankrupt. He earned less than $30,000 in the 12 months prior to bankruptcy (well below the $48,000 national average) and owed more than $20,000 mostly to the banks. He had no assets like property that could repay creditors. Tasmania and Queensland had the highest percentage of bankrupts and NT had the lowest. Three percent of bankrupts identified as Indigenous (who comprised 2.5% of the population).
Nearly half of the liabilities is unidentified by the research with the “other” category responsible for 47% of all debt. Of the identified debt, credit cards were highest, responsible for 21 percent of unsecured debt followed by personal loans and house mortgage both on 12 percent. Credit cards also accounted for 18% of personal insolvency agreement debtors’ debt and a record 58% of debt agreement debtors’ unsecured debt.
According to ASIC, Australians have over $36 billion owing on credit cards, an average of $4,700 per card holder. MoneySmart’s Delia Rickard said paying off credit card debt should be a top priority for millions of Australians. ‘If you have $4,700 credit card debt (the national average) and only make the minimum repayments, it will take 49 years to pay it off and cost you around $14,600 in interest,” Rickard said. “But if you are able to pay off $250 each month, you’d pay off your debt in two years and save $13,700 in interest.”
Despite the RBA keeping interest rates at historical lows, banks still charge astronomical rates for their credit cards. Paul Clitheroe said the average card rate is around 17 per cent but many charge 20 per cent or more. “Monthly interest charges continue to eat away at household budgets making it hard to get ahead with card debt,” he said. “If you’re serious about clearing card debt, one solution is to use a personal loan to pay off the balance.” Clitheroe said this would increase monthly repayments but the debt would be paid off in three to five years depending on the loan term.
There are new rules in place since July 1 which will allow people be better informed against the scams the credit card companies use to fleece their customers. The company must now refrain from offering limit increases on cards, unless agreed, provide monthly statements that show how long it will take to repay the entire balance if you only make minimum repayments and provide clearer details on interest-free periods. All new credit cards must include facts sheets to make it easier to compare offers, the capacity for consumers to nominate the credit limit, a ban on over-limit fees, notifications if you exceed your credit limit and repayments to the most costly aspect of your credit card debt first (such as cash advances) to reduce debt faster.
So why should anyone care about the future of a company that employs only 50 people with another 120 contractors? It was not a simple case of xenophobia against Chinese investment (though in truth, it would be hard to imagine a similar furore if it were Seattle RuYi buying Cubbie). It is because as Senator Joyce said today it was the loss of “prime agricultural land to an overseas interest.” As well, the sale would involve Australia’s biggest water licence going to an overseas interest and 13 per cent of the nation’s cotton crop.