Tuesday, October 18, 2011

Paul Krugman: Sounds of Outrage Heard on Wall St

Paul Krugman, Krugman & Co.: "Harvard's Nieman Watchdog Web site recently featured a very good piece by John Hanrahan, a former reporter at The Washington Post, about press coverage of the Occupy Wall Street demonstrations. 'There has been an outpouring of well-informed criticism of the mainstream news media's initial coverage and non-coverage of the Wall Street protests,' Mr. Hanrahan wrote. Coverage was initially dismissive and minimal - and mea culpa, I wasn't paying attention myself. But it's becoming clear that there's something important happening: finally, after three years in which the Very Serious People refused to hold the financial industry accountable, there's a real grass-roots uprising against the Masters of the Universe."

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