National Journal | YouTube
That's
Bill Powers' contention. "From a purely commercial standpoint, the remaining top-drawer newsrooms should throw a party celebrating the deal," he writes. "But that party will never happen. The journalists who put out America's great newspapers are not driven primarily by commercial self-interest. If they were, they'd be working at hedge funds." || Watch
Bill Moyers'
commentary on
Rupert Murdoch and the Wall Street Journal. UPDATE: The
transcript has been posted.