To: Daniel Schuh who wrote (31500 ) 2/1/1999 8:04:00 PM From: JBL Read Replies (1) | Respond to of 67261
Dan, You 've said the Ed page of the WSJ is totally biased. I don't agree with you, but I'll take your point. Do you really believe however, that the New York Times, to which you keep refering, is a model of Journalistic integrity ? (I have become so thoroughly disgusted by their coverage, and their constant misrepresentation of facts, that I canceled my subscription to the International Herald Tribune, which often carries their articles.) They have become a mouthpiece for the White house, which is now lying day after day. By the way, have you read the Salon Magazine (Feb 1st) article about the "Constitutional Experts" continually refered to by the White House and the New York Times ? This article exposes the fact that most of these "experts" who signed the document have in fact no experience at all in Constitutional Law. Talk about a bold face lie. I will take the intellectual honesty of the WSJ anytime and anyday other that of the NYT. What about the Washington Post of today (in their article about the witnesses) refusing to tell their readers the very critical fact that Jordan is swearing he never had breakfast at the Hyatt with Lewinsky in December when billing records of his Amex card match with what Lewinsky said they had for breakfast ? The bias and complicity of the liberal media on this matter is evident and frightening. There is a fine line between journalism and propaganda, and it is becoming more blurred day after day. And yes, there are the Matt Drudges of this world that you can point to for the same distortions, but nobody pretends that these guys have the same integrity or reputation as that of the NYT or WP. I compare this situation in the media today to that of analyst firms' complicity in the Internet stocks valuation heresy. Firms such as Goldman, Robertson, Morgan Stanley etc... have shown to be the true putz that they are, by maintaining ratings on these stocks after valuation began to defy all logic. They have done so because of obscene profits on the underwriting and market making activities. Day traders have not been long to spot this complicity and corruption, and there we are today in the situation that we all know, where millions believe they are market gurus who can do no wrong. Yet, most of those who have been in the market for over 30 years no exactly how this will end up.