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The WSJ is the main daily newspaper of the business world. Not of the FoxNews watching dittoheads (although some may belong to both groups).

As such, its influence goes much farther, as it is part of the echo chamber of financial analysts and pundits that spout the conventional wisdom that gets regurgitated mindlessly by the markets and all its cheerleaders.

That tripe gets processed and repeated endlessly (in slightly toned down versions), allowing the process to be repeated a while later with, each time, slightly more outrageous stuff.

The WSJ Op-Ed pages are one of the early sources of the talking points of the hard right (in their legitimized version) and, as such, need to be fought.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Aug 7th, 2007 at 09:50:47 AM EST
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