Why the Right need to calm down about Prescott
They've also dragged the BBC into it, saying they've ignored the story and would have caused a big stink if it had been a Conservative politician.
In both senses, they're wide of the mark. The 'story' is just speculation at the moment. It doesn't look enormously great, because there was a "potential" conflict of interest, although it's 1) only potential at the moment and 2) apparently weaker than first appeared because Prezza didn't have any say over Casino policy. He also claims he was on official business, which if true, puts a different spin on the story.
Nick Robinson has taken some heat for saying the BBC's held back on it because there didn't appear to be a definite story in there – more speculation than anything else – and criticised bloggers for being slightly lazier with the truth than paid journalists.
He's right, but his tone was perhaps a little obnoxious. Bloggers are, by and large, influenced by an agenda which journalists tacitly subordinate when they take up a job (especially a politics–related one), but journalists can learn some things from bloggers. Mainly, the 'blogosphere' helps bring stories to people's attention (see Cherie's signed copy of the Hutton Report for one), but also delivers stories at a faster speed.
Sadly speed often comes at the price of accuracy, and in the case of political blogs, seems to come increasingly ahead of objectivity. So while the number of blogs should be applauded for the likelihood of someone picking up on a story quicker than one guy sat in Whitehall, they should also learn a little from real journalists if they want to be seen to be playing a similar game.