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A bit more on Sinclair

The Wall Street Journal is all in favor of the power of the market -- except when it's used to enforce shareholders' rights.

Let's see: The SEC's enforcement arm has been inadequately funded for at least a decade. The current administration wants to make it harder for shareholders to sue management. And I'm supposed to take the Journal seriously when shareholders use the only other tool at their disposal to object to propaganda disguised as news -- not because of the content, but because of the damage it's doing to their investment?

That scritching sound the Wall Street Journal's editorial board is hearing is me playing "My Heart Bleeds For You" on the world's smallest violin.

Comments (2)

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Jim Capo said:

Too much information. Case study #109358:

Fear not WSJ, the international community has heard our cry for help and they are working on the solution:

"I welcome, in particular, ISO’s recent decision to develop a standard on social responsibility -- an initiative which dovetails well with the universal principles of the UN Global Compact on human rights, labour conditions, the environment and anti-corruption." --- Kofi Annan

http://www.un.org/News/Press/docs/2004/sgsm9492.doc.htm

This would not be worth mentioning except that the Guilford County School System just recently became one of the first school systems in the nation and the first in North Carolina to spend plenty of time and money to get a first level ISO 9001 certification for its management and quality system.

http://www.guilford.k12.nc.us/iso9001/index.htm

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