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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, September 30, 2009
Posted
10:29 AM
by Gene
Foreclosures jumped 16% in Q2 to 2.9% of all serviced mortgages, delinquencies hit 8.5% of all mortgages, while home retention actions such as loan mods were up by 21.7%, according to a report today from the OTS. Report says data continues to reflect "negative trends influenced by weakness in economic conditions including high unemployment and declining home prices in weak housing markets."DOW 60,0 -- oops, not today.
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