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

THE EUGENE DAVID GLOSSARY

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Wednesday, March 18, 2009

Posted 2:50 PM by Gene

The Fed was more pessimistic about the economic outlook, in a statement released after its two-day meeting. Officials removed language saying they expected the economy to recover later this year. The Fed repeated that deflation was a risk to the economy.

The Fed said the economy was "weak" and latest information only showed further contraction.

There was no mention of any "green shoots" of recovery that Fed chief Ben Bernanke mentioned seeing in his interview on Sunday with 60 minutes [We-used-to-be-owned-by-SUMNER SIC] .

DOW UP 10,000!!!!!

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