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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Citi on Wednesday said that President Obama's strong popularity and high expectations may be bad for markets, noting that "high expectations have, historically, mostly been associated with poor equity performance in the post-election year." It added that low expectations "have mostly been associated with good performance."
The firm said that only John F. Kennedy created a favorable stock environment for investors in the post-election year, and noted that Obama shares some traits with Kennedy: "they were both Democrats replacing a Republican incumbent, they were both young and inexperienced, and they both had a large working majority," Citi wrote.
CAVEAT: C at $3.08.