Saturday, July 24, 2004

DEATH SPIRAL FOR THE PAPER OF RECORD?
Even Slate is ridiculing the New York Times now! How long can this go on? No, my headline was wishful thinking, I don't think the NYT will be unseated as the Paper of Record just yet, because there's still a critical mass of people who think you have to read it to know what other NYT readers are reading; so the NYT continues to dump its distortions on our heads, as if by divine right. In finance, this phenomenon is called a "bubble." (I support the dump-Cheney position, btw, but that's beside the point.)

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