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by marcus_holmes 2256 days ago
No idea why you're getting downvoted. This is the guy who refuses to pay his shareholders a dividend, or his employees more than he absolutely has to. He didn't buy a newspaper because he loves giving money away on good causes.
2 comments
mrep 2256 days ago
> This is the guy who refuses to pay his shareholders a dividend

Amazons share price has grown 136,000% in the past 23 years or 36.8% per year. That is far above S&P 500 returns and the exact case for when you want a company reinvesting in themself instead of paying out dividends.

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smitty1e 2256 days ago
No, failure to control the spigot equates to lack of influence over the output.
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GCSAQCMIYI 2256 days ago
Do you have some personal insight into the minds of WP employees? Do you have first-hand knowledge that the identity of the owner of the business has had no impact on any of their decisions, like who to hire or what to publish?

Leaders like Bezos don't have to write down a memo to make sure people carry out their will.

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coffeefirst 2256 days ago
Actually, I do.

You're wildly underestimating how rebellious newspaper editors are. If someone was messing with the reporting, everyone in DC would know, and you'd see remarkably detailed reporting on it throughout other parts of the press.

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smitty1e 2256 days ago
I would offer that the Project Veritas expose of CNN belies your assertion handily.

There is a mindset that dominates academia and carries on into the media.

It is reflected in the political donations of journalists.

And the distribution of the story bias.

It perhaps one should say "stunning lack of anything resembling a distribution".

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pstuart 2256 days ago
Of course academia is a "radical left" arena, as it's the domain of our youth and that is a natural expression of their view of the world.

All news has bias, but some are more biased than others, and that bias varies from personal and ingrained to organizational and intentional. It's important to be able to separate the wheat from the chaff, as it were.

Project Veritas is a right-wing, extremely partisan organization with a shady history. They are not an organization that I would trust.

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smitty1e 2256 days ago
Not to accuse James O'Keefe of sainthood, but I've an order of magnitude more regard for him and Veritas than any of the cable news networks.
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