[FoRK] Demonizing the hedge funds...

[rst at ai.mit.edu]

Jeff Bone writes:
 > 
 > On Apr 18, 2008, at 9:16 AM, rst at ai.mit.edu wrote:
 > >
 > > I probably shouldn't post something like this heading into a
 > > weekend of intermittent connectivity at best, but... seriously,
 > > Jeff.  Don't you think you're going just a little over the top
 > > here?
 > 
 > Had I even remotely approached the level of hyperbole demonstrated in  
 > your <flame/> then yes;  but I don't think I did.  Look, I don't think  
 > it's at all surprising to anybody who is paying attention that NPR is  
 > as much a left-wing organ as Faux News is right-wing.  Correct?

But the Financial Times certainly is *not*, nor is Martin Wolf (an
enthusiastic booster of globalization, viz. the book).  Nor, say,
Charles R. Morris, a former banker and well-connected financial
journalist whose brief and readable book on the recent wave of
"structured finance" is entitled "The Trillion Dollar Meltdown".

Hedge fund managers have come in for a *lot* of criticism lately from
circles that can't be described in any reasonable way as "left wing".
(That was my point --- which seems to have gotten lost in my vitriol.)
But given that, it seems unduly dismissive to bitch about "propaganda"
along the same lines just because it showed up on NPR.  (Which, by the
by, has a lot more in common with Fox than one might expect from a
genuinely left-wing organization --- Juan Williams and Mara Liasson,
for starters...)

rst