Monday, July 9, 2012

When Rolling Stone is more serious than the press

How incompetent and corrupt is America's news media?  Even Rolling Stone has a better grasp on the enormity of the emerging Wall Street financial scandals.  The latest is LIBOR price-fixing.  This is a big deal.  Wall Street is clearly rotten to the core.  Probably as rotten as DC (if that is possible).  Where's the outrage?  Probably the same place as the outrage Bob Dole wondered about.  If the scandal doesn't hurt Republicans somehow, our nation's news media just isn't interested.

Edit -- For lots more detail on the scandal and the background for LIBOR see this from the Economist .

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