High and dry / Out of the rain
Just in case you were looking for more reasons to like John Stossel, here’s a great one: Peter Jennings apparently couldn’t stand him. Via Reason, this Daily Beast interview:
The late Peter Jennings was embarrassed by you and wouldn’t even look at you when you passed in the hall, and you’d been at ABC since 1981. Did it get increasingly difficult for you to thrive in that corporate environment?
That didn’t change. I was on World News Tonight once, I was on Nightline maybe once. There was never an appetite for John Stossel on those programs. And Peter felt he was upholding the objectivity of ABC and I was violating that, I was bad for ABC. What changed was, I had more passion about doing economics. And they had less, and suddenly there was Fox, which had more room.
On the down side, Stossel apparently lives on the Upper West Side.
While I always liked Stossel, reading that Peter Jennings hated him makes me like him more.
Seriously. It makes me want to send him flowers!
What was wrong with Peter Jennings?
I found his pomposity like nails on a chalkboard—that was the major problem I had with him.
It’s posts like this that make surfing so much pleasure
That’s more than sensible! That’s a great post!
The best investments for the comming years will be the US Dollar, in commodities may be corn and Middle East and Russia equities.One or two years latter you can say if I was wrong. Of course the best sellings or short in the comming years will be the Euro, Gold (Demmocrats will return to the helm this year) more peace (I hope), oil, and soybeans related to and slowdown in the global economy.Regards.