Capitalism corrupts — the Washington Post is the latest example.

Washington Post’s Publisher and Editor Criticized for ‘Ethical Lapse’ – NYTimes.com.

In a sharply worded critique, the ombudsman of The Washington Post wrote on Saturday that the newspaper’s plan to sell interest groups private access to its journalists and to government officials was “an ethical lapse of monumental proportions” and “a lasting stain” on The Post’s reputation.

Ever since newspapers were transformed into big business with stock options and earnings report, it has been downhill for truth.  One acquisition after another with the resulting debt load has made it so that the previous Free Press has been castrated.  Look at the Tribune corporation, presently in bankruptcy — or even the New York Times.  They all have been crushed with debt — debt that has created false earnings and briefly higher stock prices.  America can just chalk up capitalism to destroying the Free Press.

Newspapers, real newspapers, should be not for profit.  America needs media that has an uncompromising fervor to tell the truth — no mater who it hurts.   Murdoch’s model of transforming news into entertainment has helped to cripple the previous Free Press.  Fox News is shit.  Ditto for the Wall Street Journal that Murdoch recently purchased and fucked up.   Now the Washington Post.

America is doomed.