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Show Him the Money
NY Times ^ | June 4, 2005 | JOHN TIERNEY

Posted on 06/03/2005 8:19:23 PM PDT by neverdem

I hope Mark Felt and his family get the big payoff they want, but they've already hurt their chances by ignoring his famous advice as Deep Throat. They didn't follow the money.

They didn't appreciate how seriously we journalists take our ethical standards. We are bound by the sacred vow we make to our sources: if the information you give us turns out to be profitable, we will keep the money.

Mr. Felt's family tried profiting from his revelation, but the news cartel held firm. People and Vanity Fair both rejected the family's overtures and held to their policy of not paying sources for news.

The best their lawyer could manage for disclosing the greatest secret in journalism was a fee from Vanity Fair for writing the article. He got about $10,000, which is less than what the magazine has paid for articles in which movie stars disclose they have a major motion picture about to open in a theater near you.

The Felts' mistake, of course, was hawking the secret directly instead of persevering with the genteel approach used by celebrities and former presidents: laundering the news through a book publisher. You don't actually have to write the book yourself, but once your name is on the cover, you've joined the literary priesthood and are pure enough to accept cash offerings.

As a mere source, though, you cannot be trusted with money, at least not according to the keepers of journalistic ethics in America. They say the money would taint the media's image, inspire lies from mercenary sources and maybe even corrupt journalists. An editor once told me that if he bought an article, he feared he would overplay it to justify the expense.

But editors are already tempted to overplay some stories simply because of the...

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Editorial; Government; News/Current Events; Politics/Elections; US: District of Columbia
KEYWORDS: bernstein; bobwoodward; bookdeal; carlbernstein; deepthroat; felt; feltgate; markfelt; nixon; richardmilhousnixon; watergate; wmarkfelt; woodward
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1 posted on 06/03/2005 8:19:25 PM PDT by neverdem
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To: neverdem
So, we already know that Felt has poor judgment.

I hope he dies broke and hungry.

2 posted on 06/03/2005 8:22:27 PM PDT by Pukin Dog (The only thing a man should moisturize is a woman.)
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To: neverdem

Sweet.
May this wipe that stupid smile of his daughters' face. And may he trip with his walker.


3 posted on 06/03/2005 8:25:42 PM PDT by JRochelle
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To: neverdem
They didn't appreciate how seriously we journalists take our ethical standards. We are bound by the sacred vow we make to our sources: if the information you give us turns out to be profitable, we will keep the money.

Hilarious, and true (for once).

4 posted on 06/03/2005 8:26:51 PM PDT by Carry_Okie (There are people in power who are truly evil.)
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To: neverdem
The Washington Post
should have been named
The Washington Star Chamber

What a coincidence that Hal Holbrook played a vigilante in both "All the President's Men" and "The Star Chamber."

5 posted on 06/03/2005 8:27:40 PM PDT by syriacus (MSM isn't idolizing Felt 100%. They must be afraid that some Liberal rocks will be turned over.)
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To: Carry_Okie
They didn't appreciate how seriously we journalists take our ethical standards.

I almost stopped reading right there; if I had, I would have missed the punch line.

6 posted on 06/03/2005 8:28:26 PM PDT by Howlin (Up or down on Janice Brown!)
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To: neverdem
I hope Mark Felt and his family get the big payoff they want, but they've already hurt their chances by ignoring his famous advice as Deep Throat. They didn't follow the money.

They didn't appreciate how seriously we journalists take our ethical standards. We are bound by the sacred vow we make to our sources: if the information you give us turns out to be profitable, we will keep the money.

Hah. Mercenary asses...Bob, Carl, Deep Cover...all of them. I guess it's true that there's no honor among thieves.

7 posted on 06/03/2005 8:34:14 PM PDT by RichInOC (Mark Felt: Crusader for the FBI's right to be a law unto itself.)
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To: neverdem; Timesink; martin_fierro; reformed_democrat; Loyalist; =Intervention=; PianoMan; GOPJ; ...
Media Shenanigans/Media Schadenfreude/PNMCH ping - John Tierney of the NY Times SPATTERS his profession and peers. Brutal.

Tierney: "If People magazine hadn't been bound by the taboo against checkbook journalism, it could have exposed Deep Throat on its cover this week. Instead it gave its readers an exclusive story on Britney's craving for pickles and ice cream..."

On, Off, or grab it for a Media Shenanigans/Schadenfreude/PNMCH ping:
http://www.freerepublic.com/~anamusedspectator/

8 posted on 06/03/2005 8:36:38 PM PDT by an amused spectator (If Social Security isn't broken, then cut me a check for the cash I have into it.)
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To: neverdem

"...how seriously we journalists take our ethical standards..."
I think the addition of this humor section in Free Republic is most welcome. It's good for one's constitution to have a good chuckle now and then.


9 posted on 06/03/2005 8:39:28 PM PDT by henderson field
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To: neverdem

BTTT


10 posted on 06/03/2005 8:40:58 PM PDT by Fiddlstix (This Tagline for sale. (Presented by TagLines R US))
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To: neverdem

PEOPLE???? They were going to tell their story in PEOPLE MAGAZINE???? The only thing reader's of People know about Watergate is that Monica and her mother lived there!!! Sophomoric!


11 posted on 06/03/2005 8:52:25 PM PDT by Ann Archy (Abortion: The Human Sacrifice to the god of Convenience.)
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To: Howlin
I almost stopped reading right there; if I had, I would have missed the punch line.

Both Tierney and Brooks have a talent that setting up that kind of satire. They are not liberals or moderates. They are the only Times' OpEd columnists that I read regularly. I get tired of reading, "I stopped reading right there". It frustrates me to no end when people declare that they can't keep an open mind just to entertain an idea for a little while.

12 posted on 06/03/2005 8:56:37 PM PDT by neverdem (May you be in heaven a half hour before the devil knows that you're dead.)
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To: neverdem

The present day pictures of this old man and his ugly daughter make him look like a monkey on the organ grinder's leash.


13 posted on 06/03/2005 9:02:31 PM PDT by sierrahome (Colfax, CA; "A Small Drinking Town With A Rail Road Problem.")
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To: Pukin Dog
I wouldn't go that far but he should *NOT* cash in on his illegal activities while a sworn officer of the United States government.
14 posted on 06/03/2005 9:17:34 PM PDT by newzjunkey (Remind Liberal Cowards Why America Freed Iraq: http://massgraves.info/)
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To: Pukin Dog
No thats how pilots die, well broke anyway.

WAIT! WAIT! Calm down! AH SAY AH SAY... 'THATS A JOKE SON' ur browser dont see this
15 posted on 06/03/2005 9:37:02 PM PDT by mordo
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To: newzjunkey
Felt is a criminal who abused his trust as a officer of justice and just as anyone else, in a just world, he would be stripped of his pension and sent to prison. Though an old drooling fool, he doesn't deserve an ounce of leniency.
16 posted on 06/03/2005 9:42:04 PM PDT by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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To: Howlin
Oh, you gotta love it. They have ethical standards and they prove it by telling us they didn't pay Felt as much as they pay movie stars. I guess that puts Felt in his place! And what do they mean, they don't pay for stories? He just told us they do.
17 posted on 06/04/2005 7:55:57 AM PDT by patj
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To: neverdem

They are holding up a man in front of the camera who has already forgotten just what it is he did.

What story does he have to "tell" exactly?

This is all about capitalizing on dad's crime. Don't Son Of Sam laws prohibit this?


18 posted on 06/04/2005 10:04:10 AM PDT by weegee ("Do you want them to write a piece about how great the military is?" Elizabeth Bumiller - NY Times)
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To: patj

Didn't Monica also sell her story? How much was she paid in comparison?


19 posted on 06/04/2005 10:04:56 AM PDT by weegee ("Do you want them to write a piece about how great the military is?" Elizabeth Bumiller - NY Times)
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To: neverdem

Jason Blair had it right. When you make up your sources, they don't come around asking for money later.


20 posted on 06/04/2005 10:07:42 AM PDT by weegee ("Do you want them to write a piece about how great the military is?" Elizabeth Bumiller - NY Times)
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