Wed Aug 08 2007 19:12:23 ET
Prominent liberal blogger Jerome Armstrong has agreed to pay nearly $30,000 in fines in a settlement with the Securities and Exchange Commission over allegations that Armstrong touted the stock of a software company, without disclosing that he was being paid to do so, the NY TIMES reports.
Armstrong is the co-author of _Crashing the Gate: Netroots, Grassroots, and the Rise of People-Powered Politics,_ with Markos Moulitsas of Daily Kos. He is also the founder of the Democratic activist site MyDD.com.DAILY KOS CO-AUTHOR FINED $30K FOR UNETHICAL STOCK TOUT - who besides NO ONE is shocked by this?
I'm certainly not shocked. Of course we all KNOW that liberals are all upfront and honest. Right?DAILY KOS CO-AUTHOR FINED $30K FOR UNETHICAL STOCK TOUT - who besides NO ONE is shocked by this?
Who cares. The SEC fines people all the time. Nobody has a monopoly on ethics.
The last thing I am is shocked. He is a liberal, I expect deviant, self serving behavior from liberals. What shocks me, is that more liberals haven't come to his defense and claim that Republicans have been doing something much worse, and that we are just after the liberals. Well there is still time for them to do that, so maybe I won't be shocked after all.
No one should be shocked. People on all sides of the political landscape are just as likely to be either corrupt as any other person, right? And I'm sure that carelessness when it comes to legal issues is pretty widespread, as well.
And anyways, I'm not sure it really matters. Liberalism isn't a cult, where everything is based on the perceived flawless nature of our ';Perfect and benevolent leaders.'; People on our side do screw up, especially people like Jerome Armstrong, who most everybody has never heard of.
A criminal who aligns himself with a political cause does not proves that that cause is invalid or inherently corrupt. If that were the case, then every cause would have proven itself invalid by now.
You mean like when bush paid those ';journalists'; to write pieces in NEWSPAPERS pushing his educational programs?
http://www.usatoday.com/news/washington/…
Apparently bush had his hand in the till to push the agenda of the Agricultural Department, too.
“Agriculture Dept. paid journalist for favorable stories”
http://www.usatoday.com/news/washington/…
Gee. How many ethical and legal statutes broken for the President of the United States to use TAXPAYERS' DOLLARS for blatant propaganda pushing his own administration's agenda?
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And who could forget bush paying journalists to PLANT stories in the Iraqi press?
Secrets and LiesTHE DOD'S DISGRACEFUL PLOT TO PLANT ROSY STORIES IN THE IRAQI PRESS.
“This time, someone really does have to be fired. The revelation that Defense Department money, not even authorized by Congress for the purpose, has been outsourced to private interests and then used to plant stories in the Iraqi press is much more of a disgrace and a scandal than anyone seems so far to have said.
It helps discredit free media in Iraq at a time when that profession is very new and very hazardous (and one of the unarguable moral gains of the original intervention). In a situation already dominated by rumor and conspiracy-mongering, and in a country rife with death squads, it exposes every honest Iraqi reporter to the charge that he or she is an agent of a foreign power. Who at the Pentagon could possibly have needed to have this explained to them?”
http://www.slate.com/id/2131566/
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And then, of course, you've got the whole issue of JOURNALISTS WRITING FOR THE MILITARY for money. It's starting to really stink in here:
“The Web sites are examples of what the military calls “information operations,” or programs designed to influence public opinion by countering what the Pentagon considers to be misinformation or lies that circulate in the international news media. The Pentagon’s use of the Web sites has raised questions about blurring the lines between legitimate news and what some would call government propaganda.”
http://www.msnbc.msn.com/id/6915347/
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