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It's really a shame that the WSJ has gone down the toilet since Murdoch bought it. I subscribed from college until its recent decline and modulo the hilariously biased opinion pieces ("we have both sides of the story: the right-wing opinion, and the far-right-wing opinion...") it was a good source of information about what was happening in the world because its subscribers had a vested interest in getting information about what was really happening: when real money is on the line you want a no-BS, no-spin view of the world because it can cost you dearly if your news source loses its way and tries to tell you what it thinks should be true rather than what it knows to be true. Since the journal joined Rupert's empire the story quality has declined, the headlines have become less informative and more sensationalistic (even in articles that are not page one stories), and its current trajectory seems to be aiming for crash-and-burn before the decade is out.

These days if you want good daily business reporting the Financial Times is really the only choice you have.




That is a pretty harsh assessment. But I think the Journal still does a pretty good job. Consider, for instance, the repeated support of the Journal for extending the Bush-era tax brackets (that are set to expire by the end of this year, I think).

Initially, I got the impression that opinion writers at the Journal seem to have a 'no-tax' fetish... But then, it appears that many other publications are joining the Journal in insisting on making the Bush-era tax income tax brackets permanent, because all of them are of the opinion that this is essentially a pretty good stimulus policy, considering that the other forms of stimulus show no signs of improving the miserable jobs numbers.

Arguing that the Journal has gone down the toilet since Murdoch bought it is a specious argument, and I would think that it is essentially an ad-hominem attack against Murdoch. Murdoch also owns the Fox serials like Family Guy, which has a blatantly far-left viewpoint and doesn't shy away from showing it... So McFarlane and co. routinely get the question, ' How can you work for Murdoch who also owns the 'fair and balanced' fox news?', to which they answer that Murdoch doesn't interfere with their business, because he wants revenue-generators, and he is a businessman first. Of course this is an anecdotal piece of info, but I do not think Murdoch is fiddling with the Journal. And the so-called 'right-wing / far-right-wing' articles appear under the clear heading 'opinion'...

So your claim that 'the Journal has gone down the toilet since Murdoch bought it' doesn't appear to be a fair one, to me.




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