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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
THE EUGENE DAVID GLOSSARY
AMERICA'S MOST UNINTENTIONALLY FUNNY WEB SITE!
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Tuesday, October 28, 2008
Posted
8:54 PM
by Gene
Banks are in defensive mode, reducing assets on their balance sheets and hunkering down for their annual year-end book closing. They aren't about to go back out on a limb with credit.
Add that to the slowing economy, rising joblessness and an unstable housing market, and it's a safe bet that lending will be slower for the foreseeable future, no matter how much the government urges bankers to ignore their own business instincts.Business instincts? Wasn't it their brilliant business instincts that got them into the position to fleece Uncle Sucker?
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