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Considering the kind of retards who are likely to read the WSJ and take it at face value, I think it's more likely that the WSJ is being paid to say what they already think, rather than trying to shape their opinions.

It's an interesting insight into Bubble World and the mindset of the perpetually shrinking twenty-x-percent.

This is as clear an admission as you'll find that the US values fantasy - especially warrrr porn fantasy - over reality.

It's only in comic books and Dan Brown novels that the president is all knowing and wise and must be supported at all costs, lest the Other get in.

Oh - and the WSJ, apparently.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Aug 7th, 2007 at 09:23:26 AM EST
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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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...is the rather complete disconnect between the Op-Ed pages and the journalistic part of the WSJ.  Most people at the level of business leaders already recognize that news staff (until now anyway) operates independently, and that the decently reported "news" is often completely at odds with the wacked-out editorials.  i venture to say that even many conservatives accept that.

It's our task to focus on the alternative views within the forums we can influence.  Why dignify the wack-jobs with trying to refute all the propaganda?

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Aug 7th, 2007 at 11:24:34 AM EST
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When I was a young man working in New York most people who read the WS Journal also read the NY Times. I'm not sure it's the case today but I doubt that many people who read the Journal do it for its editorials. They are about the dumbest around-almost like a joke. Who knows, its editorial page might improve when Murdoch takes over.

Hey, Grandma Moses started late!
by LEP on Tue Aug 7th, 2007 at 11:36:09 AM EST
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