Unlike any other player on the board, the press has no oversight, no mandate, few penalties, and even fewer consequences. Because there are not enough reporters on the ground, too many bureaus have outsourced both their reporting and standards to third party stringers whose spectacular videos of explosions and inflated body counts have shown up on both jihadist recruiting sites and American television screens, simultaneously.
[These entrepreneurs] were writing their stories in a subgenre of contemporary fiction, the business plan, and populating them with characters endowed with deeply implausible personalities, an oversight which would eventually be punished not by a scathing review, … but by a lack of custom.Alain de Botton
For much of its life, the European Parliament could have been justly labelled a 'multi-lingual talking shop'. But this is no longer the case: the EP is now one of the most powerful legislatures in the world both in terms of its legislative and executive oversight powers.