How’s this for a misleading headline from the ABC: “China may have to bail us out: Rudd“. The user comments below the article howl in derision at the injustice of selling out the country to those funny Mandarin-speakers. No, people, Rudd wants China to bail out the International Monetary Fund, not Australia. The ABC’s article is essentially just a snippet of Rudd’s rhetoric, and fails to explain up front what the actual proposal is: China is to get greater voting rights at IMF in return for more money. See – it’s not that hard. (The idea is that the current arrangement reflects an outdated post-WW2 world, and also that the IMF needs more money to address the global financial crisis.)
I do love the ABC, but sloppiness like this doesn’t inspire confidence in the overall quality of its news reporting.