Jack Shafer (Slate) opines on the subject, and I think gets it quite right.
Alan wrote: I just wish Rupert Murdoch was honest and called it "conservative news" instead of "fair and balanced."
Would you similarly favor having the NYT putting "liberal news" on their masthead? Ot CBS "the liberal news with Dan Rather".
I just wish Rupert Murdoch was honest and called it "conservative news" instead of "fair and balanced."
Fox News has those plus clear ideological bias demonstrated by many people.
Murmur wote: That someone thinks "X is not Y" does not imply they also believe "not X is Y." Simply because someone recognizes Fox's "fair and balanced" for what it is, an advertising slogan, doesn't mean they automatically believe CNN is fair and balanced
OMG, in what bizarro far right world is Cokie Roberts a liberal?
The rationale is the extreme importance of the banking industry for the whole market, where you don't really want to imagine what happens if a bank that is responsible for 50% of the market goes bankrupt. Also, of course, you don't really want one person or one company to have that much power over the economy.
I also think that that the marginal rate on high incomes should at be higher (at least to make up for the fact that they don't have to pay FICA and medicaid taxes on those higher incomes).
I also think that if people looked at the health insurance premiums pay at work as a tax, they would look on "socialized" medicine a lot more kindly.
Oh yeah, and I will believe in the myth of the liberal MSM when the "labor" news gets as much air time or ink as "business" news.
Wait, don't you get compensated for the greater risk of long-term capital investments with, um, higher returns??