WaPo And The LA Times: He Who Has The Gold Makes The Rules

In Ferdinand Lundberg, The Rich and the Super-Rich (1969): Those few newspapers that make a practice of printing foreign news occasionally survey Latin American countries. The writers are invariably grieved to find a small oligarchy of big landowners in control, with the remainder of the population consisting of sycophantic hangers-on and landless, poverty-stricken peasants. But I have never seen it remarked that the basic description, with the alteration of a few nouns, applies just as well to the United States, where the position of the landowners is occupied by the financiers, industrialists and big rentiers and that of the peasants by the low-paid employees (all subject to dismissal for one reason or other just like the peasants). If anyone in the past few days seeks vindication of Ferdinand Lundberg's views, he need look no farther than the events surrounding the decisions by the once-totemic Los Angeles Times and Washington Post not to endorse a presidentiual ...