By: DonAlons

DonAlons — Thu, 21 Jan 2010 19:33:27 +0000

What comes to the test with this is the value of information and content. The NYT like
many others have a bad record for their failure in the financial crisis.
Danny Schechter summarized it some time ago nicely:
“It is somewhat surprising,” Larry Elliott, economics editor of London’s The Guardian observed
recently, “that there is not already rioting in the streets, given the gigantic fraud perpetrated by the financial elite at the expense of ordinary Americans.” If such a fraud was taking place, and if Wall Street’s financial crisis, according to the usually staid Economist, was on the edge of “disaster”
with a “financial nuclear winter” waiting in the wings, why were American news consumers among
the last to know? …..
A New York Times columnist even admitted that experts and advocates first warned them in
2001 that predatory lending practices were devastating poor neighborhoods but the issue
was not covered ……
…. the Times business section devoted a staggering 2905 words to explaining the mortgage crisis. This opus followed a similar spread in the Washington Post by two weeks. Both stories explained that the downfall was sparked by the use of overly complex securities designed not to be understood. …
http://rinf.com/alt-news/media-news/where-was-media-when-sub-prime-dis aster-unfolded/2854/

By: Adam Sherk

Adam Sherk — Wed, 20 Jan 2010 19:08:03 +0000

Jordan, if I can contribute to this discussion in a completely unproductive way, I’d like to share the (not) real reasons the NYT is putting up a paywall http://www.adamsherk.com/publishing/top-10-reasons-for-new-york-times- paywall/

By: Michael Martinez

Michael Martinez — Wed, 20 Jan 2010 18:21:43 +0000

I will read the free stuff. I won’t pay for anything else. The New York Times has a long-standing reputation for making up its news anyway.

Comments on: New York Times Announces Pay Meter for 2011

By: DonAlons

By: Adam Sherk

By: Michael Martinez