This blog is a random collection of information, partly in support of my quotations web site. Other topics include wine, military news, economics, history, libertarianism, and other random things which happen to strike my fancy. Backup site is at http://quotulatiousness.blogspot.com/ (if there are no posts showing, hit the backup blog for explanation). Comments have been turned off, as the spam was getting too much to handle. Comments can be emailed to me for posting.

October 06, 2008

Jon asks 680 News if they're also rooting for a depression

Jon (my virtual landlord) sent the following query to 680 News:

Just sent this to 680 News, the tossers:

Hello —

Just a quick question for you about your editorial position: your current headline notes that the TSX has seen a "slight rebound" after a 1200-point drop. That "slight rebound" is currently, as of 4:03 pm, 734 points. That's hardly slight.

Just wondering why you're being misleading on this by referring to a rebound of 700-plus points as "slight."

Certainly Rogers has to understand that once we hit recession or worse, it will be the cable and cell phone accounts that will be first against the wall in many household budgets. So why would you want to egg on economic disaster? I can see why the Toronto Star would want to cheer on a recession — more people will be sleeping on and under newspapers, so they stand to gain from increased sales. But I can't see why Rogers would be rooting for a collapse.

Just wondering.

Jonathan Piasecki

He says he'll update me if they respond.

Posted by Nicholas at October 6, 2008 04:13 PM
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