Eugene David
...The One-Minute Pundit

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THE NEWS HACK'S CREED:
I know more than you.
I make lots more money than you.
I'm smarter than you.
I'm sexier than you.
I appear on TV all the time.
I work ten minutes a day.
I rule the universe.
I'm going to live forever.
You are an idiot.

THE NEWS HACK'S CREED, No. 2:
A lie isn't a lie when it tells THE TRUTH.

THE NEWS HACK'S CREED, No. 3:
I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
--JOHN "OMERTA" CARROLL.

THE NEWS HACK'S CREED, No. 4:
News isn't news when we don't report it.

PERMALINKS:

THE NEWS HACKS' DICTIONARY

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Sunday, January 26, 2003

Posted 7:55 PM by Gene

Yet another AOL mea culpa about AOL's rotten stock. If I'm not mistaken the late unlamented Spy magazine ran a story that when Warner Communications bought out Time Inc. to form Time Warner Marshall Loeb sent a message through Time's e-mail saying, "WE WIN! WE WIN!" It took Greenspan's Bubble years later to lift them above water. When AOL came along a lot of people swelled about their stock options. I feel sorry for all the less-than-executives who placed their retirements in the Internet's tentacles, but when I think of Steve and Gerry and their Masters-of-the-Universe hubris -- and their ultimately ruined reps -- I don't feel the least bit sorry.

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