Friday, July 08, 2011

This day in history - July 8, 1889: The first issue of The Wall Street Journal is published

The Wall Street Journal is the largest newspaper in the United States by circulation and, sadly, since 2007 owned by the Rupert Murdoch news empire, which also owns the Fox News Channel among many other media entities.

In a week in which another Murdoch-owned media outlet, the British tabloid News of the World, announced that it will shut down due to despicable invasions of privacy, it seems important to remind ourselves what a cancer on the world of journalism Murdoch has been.

Despite earlier assurances from him that he would not turn the Journal into a right-wing advocacy rag, that is exactly what he has done.

And Fox News is just another "objective news source." Yeah, right.

(Cross-posted at Lippmann's Ghost.)

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