Anonymous
Post 10/12/2011 20:24     Subject: Wall Street Journal Caught in Scandal

Anonymous wrote:
Anonymous wrote:I have been a subscriber to WSJ since 1990, and I always had a love/hate relationship with it. I loved the coverage but I disliked some of the editorial writing, and I found some of their foreign coverage to be demeaning (back then it was still a bit of Japan bashing). But on the whole I thought it was indispensable.

But last year I canceled my subscription. It has degenerated into a combination of Murdoch political platform and reform school for wayward republican outcasts. It's too much, and it's sad because it was a respectable conservative media outlet that appealed to people regardless of political affiliation.


ITA. The only reason we still get it is that we now have a free subscription, and it's nice to get the news synopsis in the left hand column as you leave the house in the morning. Their articles used to be quite balanced regardless of the editorial page's platform but that is no longer the case. You'd be hard pressed these days to find an economics article without a ten to one ratio of quotes by Cato or American Enterprise Institute robots to say, someone from Brookings. Apparently they do think their readers are a bunch of morons.

And they way they've whitewashed the whole phone hacking scandal is laughable.


You can read the left hand column on the Internet.
TheManWithAUsername
Post 10/12/2011 17:51     Subject: Wall Street Journal Caught in Scandal

Only marginally related, but I was surprised to hear about Fox prohibiting a phone hacking joke at the Emmys. I thought their comedy programs regularly joke about Murdoch, Faux, etc.
Anonymous
Post 10/12/2011 17:40     Subject: Wall Street Journal Caught in Scandal

Anonymous wrote:I have been a subscriber to WSJ since 1990, and I always had a love/hate relationship with it. I loved the coverage but I disliked some of the editorial writing, and I found some of their foreign coverage to be demeaning (back then it was still a bit of Japan bashing). But on the whole I thought it was indispensable.

But last year I canceled my subscription. It has degenerated into a combination of Murdoch political platform and reform school for wayward republican outcasts. It's too much, and it's sad because it was a respectable conservative media outlet that appealed to people regardless of political affiliation.


ITA. The only reason we still get it is that we now have a free subscription, and it's nice to get the news synopsis in the left hand column as you leave the house in the morning. Their articles used to be quite balanced regardless of the editorial page's platform but that is no longer the case. You'd be hard pressed these days to find an economics article without a ten to one ratio of quotes by Cato or American Enterprise Institute robots to say, someone from Brookings. Apparently they do think their readers are a bunch of morons.

And they way they've whitewashed the whole phone hacking scandal is laughable.
Anonymous
Post 10/12/2011 16:14     Subject: Wall Street Journal Caught in Scandal

I have been a subscriber to WSJ since 1990, and I always had a love/hate relationship with it. I loved the coverage but I disliked some of the editorial writing, and I found some of their foreign coverage to be demeaning (back then it was still a bit of Japan bashing). But on the whole I thought it was indispensable.

But last year I canceled my subscription. It has degenerated into a combination of Murdoch political platform and reform school for wayward republican outcasts. It's too much, and it's sad because it was a respectable conservative media outlet that appealed to people regardless of political affiliation.
Anonymous
Post 10/12/2011 14:28     Subject: Re:Wall Street Journal Caught in Scandal

I found it on the Fox New website: http://www.foxbusiness.com/industries/2011/10/11/wsj-europe-publisher-langhoff-resigns-following-ethics-concern/, but it looks like they just accepted the WSJ spin. Neither WSJ nor Fox mentions that Dow Jones (another Murdoch company) is also involved, since they took no action when notified.
Anonymous
Post 10/12/2011 14:22     Subject: Wall Street Journal Caught in Scandal

This just makes me sad. The WSJ used to be a really fantastic newspaper (this despite the batshit crazy editorial page). The plummet in standards leaves everyone the poorer.
jsteele
Post 10/12/2011 13:27     Subject: Wall Street Journal Caught in Scandal

http://www.guardian.co.uk/media/2011/oct/12/wall-street-journal-andrew-langhoff

"The Guardian found evidence that the Journal had been channelling money through European companies in order to secretly buy thousands of copies of its own paper at a knock-down rate, misleading readers and advertisers about the Journal's true circulation."

"The bizarre scheme included a formal, written contract in which the Journal persuaded one company to co-operate by agreeing to publish articles that promoted its activities, a move which led some staff to accuse the paper's management of violating journalistic ethics and jeopardising its treasured reputation for editorial quality."

Never confuse Murdoch as someone who is interested in journalism. He seeks money and power. Newspapers and television are simply a means to an end. I assume Fox News will not be covering this story.