Re: Free Press vs not so free media
by
Thevail
03/30/2009, 1:58 AM #
I'm not saying that all newspaper reporting is worthless..but face it..it IS all biased. Newspapers are owned by rich guys..like Murdock..
And that's true for all of them. How many poor or middle class people do you know that own a newspaper?
So...how unbiased is it?
Tell me why the Wall Street Journal didn't put these four little facts together..
American wages stayed stagnant or went down over the last 12 years.
Inflation rose each of the last 12 years at an average of 3%. (36%)
Housing prices rose dramatically over the last 12 years, neaalry doubling in many places.
And Americans set a new record for home ownership.
It should not take a financial genius to see that:
People making the same money that is now worth 36% less because of inflation buying a record number of homes that are more expensive than ever..was a recipe for disaster.
I hope that rag goes under..bunch of incompetent corporate shills.