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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ALL RIGHT, WALL STREET CASINO, YOU JUST GOT PAID AGAIN!
Oh, the Greek unemployment rate is 16.2 percent and climbing? NOT OUR PROBLEM!
With debt equal to more than 150% of GDP and a rapidly contracting economy, Greece must choose between declining the EU/IMF bailout and defaulting now, or imposing more austerity, getting more loans, and defaulting a few months from now. So, why would the Greek government choose to go through all of this agony just to buy a few months? And why would it want to pile on more austerity when what is needed is a program for economic growth?
It could be because Greek elites have not yet moved all of their capital out of the country.
Sounds like what our elites might do someday.