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!
Blogroll Me!
![[Powered by Blogger]](http://buttons.blogger.com/bloggerbutton1.gif){kind=small}
Way to go UNCLE BEN!!!!!
The end may be coming into sight for the Federal Reserve’s bond-buying program, even as central bank chief Ben Bernanke warns an ugly jobs market will stick around for a long time to come.
The central bank boss told Congress Wednesday that even in an ideal world it will still take years to bring the unemployment rate down to normal levels. Bernanke made his comments as financial markets fret about a commodity-driven surge in inflation, and as investors struggle to predict whether the Fed will stop short with stimulus efforts rather than add to them.
Ultimately, the important decisions lying before the Fed are uncomfortable, and hint at a time where monetary policy may not have much to contribute to a still troubled economy.
TRANSLATION: Let's see how this recovery does when UNCLE pulls the props out.