Blog on the Run: Reloaded

Thursday, October 13, 2011 9:22 pm

Lie down with dogs, get up with fleas, Wall Street Journal edition

Not even the Wall Street Journal is immune:

 

One of Rupert Murdoch’s most senior European executives has resigned following Guardian inquiries about a circulation scam at News Corporation’s flagship newspaper, the Wall Street Journal. 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.

Whocouldaknowed?

As you’ll recall, earlier this summer some members of the Bancroft family, which had owned the Journal’s corporate parent, Dow Jones, expressed regret about having sold the property to Murdoch’s News Corp. after learning about Murdoch’s operation’s wiretapping and other crimes. They can go to hell. It was obvious to anyone with half a brain that Murdoch was a criminal, and they got more for the property than the market really should have dictated, so I don’t want to hear them whine.

An apology from them for turning over a crown jewel of American journalism to a common thug, and screwing their employees and readers and advertisers, would be nice. But then so would a pony, and I ain’t counting on that, either.

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Wednesday, December 23, 2009 11:07 pm

Odds and ends for 12/23

Psych! That $45 million in bonuses that AIG executives promised earlier this year to return? Ain’t happening.

Climate-change treaty murder mystery solved: It was China in Copenhagen with an attitude, but at least one witness survived. China’s playing a dangerous game: The average elevation of Shanghai (pop. 20 million) is only 13 feet above sea level.

House to Senate: Oh, no, you di’nt!: Three House Democratic leaders, including the Rules Committee chairwoman, who gets to decide what does and does not constitute an acceptable conference bill, are saying they won’t sign off on anything without a public option. Wellnow. This is about to get interesting.

Republicans are still riding the crazy train: Now they’re complaining that the health-care bill’s death panels can’t be abolished even if the rest of the bill is repealed. There’s a flaw in that logic, but I can’t quite put my finger on it….

Republicans are still riding the crazy train, cont.: Not content to lie, Sarah Palin is now lying about her lie.

Out of the frying pan …: Rep. Parker Griffith of Alabama’s 5th Congressional District switched parties from Democrat to Republican this week. I speculated on Facebook and elsewhere that he’d get primaried by a more-conservative-than-thou candidate next year, not realizing that there already are three other Republicans in that race. That oughta be entertaining. For those of you keeping score at home, the primary is 6/1/10 and a runoff, if needed, will be 7/13/10.

This is not a trick question: What could bring liberal Firedoglake blogger Jane Hamsher and drown-government-in-a-bathtub conservative Grover Norquist together? The idea that Obama chief of staff Rahm Emanuel, during his service on the Freddie Mac board in 2000-01, may have violated his fiduciary obligations, then used his subsequent election to Congress and current role to prevent any investigation. They want Emanuel to quit, they want a criminal investigation before the 10-year statute of limitation kicks, and they want to prevent the showering of almost $1 trillion on Freddie, which currently lacks an inspector general and other appropriate oversight. Presented with that information, so do I. Here’s a petition you can sign.

A multi-voice oral history of Rupert Murdoch’s takeover of Dow Jones, produced by GQ, comes off as more circular firing squad. Nobody, but nobody, ends up looking good, and only former managing editor Marcus Brauchli comes close.

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