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September 28, 2011
The Fed Quits Fretting, Issues a Social Media RFP
 
The Federal Reserve Bank of New York has issued a Request for Proposal (RFP) for help in monitoring references to the Fed in blogs and other forms of social media. Predictably, the move is being attacked by right-wing media, like The New American magazine, as a "propaganda operation." The wonder, though, is that it has taken this long for the Fed to decide to connect with social media.

The Tech Herald blog takes a reasonably clear-sighted view of the Fed's PR move.

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Doug Bedell has a background in journalism and PR and is the owner of Resource Relations LLC in Central PA, focusing on organizational and crisis communication. He’s the community manager of SimplyFair.net, a social network on fairness. On the Web, Doug’s at www.ResourceRelations.com. On Twitter, he’s @DougBeetle.
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