On the importance of keeping investors out of the newsroom, and not treating your readers like fools

...The remainder of Greenwald’s rebuttal is his usual mix of bluster and self-contradiction. Having said he has no opinion of his boss’ co-investments with the US government, he then spends hundreds of words defending them…

“Wasn’t it just 72 hours ago that the widespread, mainstream view in the west (not one that I shared) was that there was a profound moral obligation to stand up and support the brave and noble Ukrainian opposition forces as they fight to be liberated from the brutal and repressive regime imposed on them by Vladimir Putin’s puppet? When did it suddenly become shameful in those same circles to support those very same opposition forces?

Of course, at no point in his piece did Ames argue that Omidyar should not be allowed to invest in foreign opposition groups, nor did the piece say Omidyar should he feel ashamed for supporting the Ukrainian revolution. They’re his billions and he may do with them as he pleases...

The point of the piece — aside from to convey facts to our readers — is that Omidyar and First Look have made statement after statement about how they aim to be a thorn in the side of the US government, and yet in several cases Omidyar has co-invested with that same US government in order to shape foreign policy to suit his own worldview. (A wag might point out that it’s far easier to put a thorn in someone’s side if you’re sitting next to him at an investment meeting.)


Read it all at Pando.com  

Related : Glenn Greenwald is an ass