Project Censored, the online media watchdog group, recently released its Top 25 Censored Stories of 2009/2010. The number one story from the year is the global plan to replace the US Dollar as the international currency. The organization provides a plethora of information about the changes in some nations’ policy in trading in the US dollar.
The articles provided by Project Censored give a number of examples of journalists discuss the limited coverage of the currency debate in the US and Europe. The stories come from newspapers and research institutes, frequently with a liberal bias, and report on how nations in the developing world such as China, India and Brazil are holding meetings that exclude the US and much of the Western world as they debate moving away from a reliance on the US dollar.
One example from the Christian Science Monitor states: “At the SCO summit, and a subsequent Yekaterinburg meeting of the leaders of the emerging BRIC economic tigers – Brazil, Russia, India, and China – Mr. Medvedev pressed his case for a “supranational currency” to replace the US dollar in global economic transactions and called for greater employment of local currencies in trade among SCO members.” Read the full story here.
Project Censored believes that corporate media influences what the American public believes and needs to be better held accountable for its reporting. The organization defines censorship as “the subtle yet constant and sophisticated manipulation of reality in our mass media outlets. On a daily basis, censorship refers to the intentional non-inclusion of a news story – or piece of a news story – based on anything other than a desire to tell the truth.”
After reading about Project Censorship I am left with a number of questions. So what do you think? Do you agree with Project Censored definition of censorship? Can an argument be made that limited reporting on an issue is a form of censorship? Why do you think the US journalism community largely refraining from reporting on the meetings between non-Western countries moving to end their reliance on the dollar? Will reporting from the Western world increase as more serious measures to remove the dollar as the primary international trading currency occur? How are groups like Project Censored helping or hurting the journalism community by reporting on news stories that do not get coverage in the US?