Posted 6:12 PM by Gene

Today in the land of make-believe known as the free press, our local StinkyInky chartered on a new endeavor: using every day and every front page to plug them PHIGHTIN' PHILS. There's nothing wrong with cheerleading within limits, and we know sports is a PROFIT CENTER (we hate that term as it's a media alibi for bad work), but we wonder how many stories STINKYINKY MEDIA CO. will have to cut, or take off the front page, so it can reproduce a huge picture of "our" heroes. But we wonder also if conventional news's usefulness isn't overrated; as the constant stream of radiation from Japan shows stories can blend into an impermeable fog. We say our suggestion that USAOKAY!!!!! take up the modern panem et circenses (i. e., sports and SHOW-BIZ advertorializing exclusively) ultimately becomes the law of the land to save the publishers' hides, even as they beat our hides black and blue with their contempt.

And Barron'S put VERY LITTLER JEFFY on its cover, presumably as an answer to The Paper of Re-CORD, and needless to say it predicted GE BANCORP would see $2,000 a share by next April. Also Alan ABelSon is now a PERMABULL, merely confirming he's permabull.