Or is it, "is lazy"?

I dunno.

Our local media have done a bad job of covering the subprime lending crisis, in my opinion. I have yet to read any stories in the Globe or Herald that have interviewed actual Massachusetts residents either facing foreclosure or who have lost their homes.

The Globe runs a couple good real estate stories, every day, but has not had any about families who have actually endured this situation.

We read yesterday that foreclosure filings and actual auctions increased more than 50% this July, when compared to 2006.

There were over 2,000 filings in the month of July, alone, yet I haven't seen one article in the Globe where real-life people talked about how they got into problems with their mortgage loans.

The Herald hasn't had one story at all about Massachusetts residents fighting to save their homes. They ran an article a couple days ago, but it was an Associated Press story about a couple of foreclosures in other parts of the country.

Basically, our media just regurgitates information and data spoon-fed to them by other organizations (The Warren Group, LINK, RealtyTrac, NAR). (Which I then re-regurgitate.)

That's not good enough.

If we are to truly understand this situation, we need facts and data and information, but we also need in-depth interviews with people.

(And, not just those who lost their homes because they lost their jobs or because they borrowed more money than they should, or more apocryphal stories about predatory lenders who wandered through the streets of Boston, finding little old ladies who they could trick into taking out 12% adjustable-rate loans with $10,000 pre-payment penalties ...)

I mean, c'mon.