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You are here: Home / Open Threads / NY Times watch, cont. Dow

NY Times watch, cont. Dow

by John Cole|  August 7, 200210:26 pm| Leave a Comment

This post is in: Open Threads

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NY Times watch, cont.

Dow is up 180 points or 2.2%. No headlines on the front page proclaiming “Stock prices Rise as Investor Confidence Rebounds.” What a surprise. Like I said the yesterday, they only try to report the bad financial news, so they can get a few seats in November. Filthy bastards.

On the financial front page, this headline and preview of the article:

Stocks Close Higher on Volatile Day

Stocks swooped higher in late afternoon trading during a see-saw session on Wednesday as some investors took advantage of earlier losses to grab some beaten-down issues.

That was a Reuters dispatch, though. Why waste a Times reporter on good news, when they can be out there investigating aresnic in water or Bush’s arrogant unilateralism, or creating new fictional reasons why a war in Iraq would be disastrous.

Even funnier though, is that the NY Times uses both AP and Reuters. Go to the Yahoo business section, and you will see that the Reuters introduction is exactly the same. However, the AP headline states this:

Dow Soars With 182-Point Gain

A burst of buying swept across the stock market Wednesday, giving the Dow Jones industrials their second straight triple-digit gain for the first time in nearly three months.

Can anyone guess why the NY Times chose to use the Reuters story over the AP story on the same subject. Oh, yeah. AP frames the market activity positively.

It is now so blatant and transparent what the Times is doing that it is not even funny. No wonder they were aginst the ground war in Afghanistan. They were learning a lot from the Taliban Ministry of Information.

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