I was anxiously awaiting the Murdoch hearings in Parliament this morning, when another horrible rainy day kept me home longer than usual, so I popped into the Guardian, and saw this. My heart leapt. It seems that just minutes after ol’ Rupert denied all responsibility for the hacking scandal, repeatedly and often angrily, some [...]
Delighted as I am by the relentlessly cascading developments surrounding Rupert Murdoch’s beleaguered empire, I don’t share the optimism of worthies such as Eliot Spitzer who think Foxworld ought to now be investigated by the DOJ under FCPA, the pretty straightforward Foreign Corrupt Practices Act that News Corp has evidently repeatedly violated. For a lot [...]
Well, it looks as though ol’ Rupert Murdoch found a suitably Galtian solution to his little crime spree as it started to get hot: fire a whole bunch of random people, except, of course, those responsible. On Sunday, the undoubtedly checkered 168-year history of The News of the World comes to an abrupt and ignominious [...]
Further evidence emerged today that the storied Wall Street Journal has well and fully become Fox News, only boring, a process that took even less time than I’d initially thought. James Taranto typed the following today: “It’s not even Islamophobia, it’s beyond Islamophobia,” Daisy Khan, wife of Ground Zero mosque planner Feisal Abdul Rauf, told [...]
I haven’t read the Wall Street Journal, except occasionally online, since the Lewinsky Scandal; so infuriating and just plain pointless was the paper’s obsession with “getting” Clinton that I could no longer plop down a buck each day for the rag, despite the fact that I’d been reading it faithfully for many years and always [...]
It seems that Moody’s, one of the insightful bond rating services that notoriously rated Wall Street junk AAA in the years leading up to the crash, is finally getting tough. Not with the banksters, though, but with the US, UK, and other governments, who, according to this infallible oracle, face structural debt that must be [...]
Not long after Nixon’s “last press conference” upon losing the California governorship in 1962, that memorably disturbing rant which prompted an amused President Kennedy to prematurely say that if he hadn’t done anything else for America, at least he’d “saved it from Richard Nixon,” Nixon fortuitously met up with one Roger Ailes. The rest, as [...]
UPDATED BELOW: In an infuriatingly all-too rare moment, the Obama Administration actually let someone say something that desperately needed to be said and, so far at least, hasn’t retracted it and/or fired the poor child for impudently pointing out the Emperor’s nudity. It was like a bracing gust of fresh air through a humid, stinky [...]