We knew the New York Times was junk when it came to political reporting. And now along comes S&P to put that label on its bonds. Via Forbes. Excerpt:
Late Thursday, Standard & Poor's Ratings Services said it has lowered the company's corporate credit rating to junk bond status, citing weak prospects for advertising revenue.
(Emphasis mine.)
The NYT is to the democrat party what Pravda was to the communist party.
Its an organ of propaganda, misinformation and disinformation, with just enough verifiable news thrown in to lend it credibility.
Posted by: Redman | October 27, 2008 at 11:53 AM
Redman, newspapers have been endorsing candidates forever. And maybe they've been slanting the news reporting forever, too, but it wasn't as obvious as it is now.
It's an unfortunate situation, and if it hasn't already, it will lead to a situation where people will simply reject outright everything a particular news organ reports.
Posted by: Geo | October 27, 2008 at 04:27 PM