Thursday, February 21, 2008

Shareholders should sue New York Times over McCain Story

Less than a week after the NYT announced 100 job cuts at its failing paper, it publishes a story that fails to meet the journalistic standards of a high-school rag. Shareholder outrage, a plummeting stock price and declining circulation doesn't seem to faze Arthur Sulzberger Jr. and his minions who see a holy mission in left wing advocacy disguised as news. The clueless wine and cheese crowd in the Boston/NY/DC corridor still believes The Times is the "paper of record" and convince the publishers of their relevance as they whistle past the graveyard. In the real world, there are plenty of far more honest brokers of information, including many of the "amateurs" on the internet the media elite like to deride. If the Times is the best example of journalistic professionalism, then it's not much of a profession.

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