Guess who works for Phil Gramm at UBS?

[Octafish]

35. ''Integrity is for paupers.''

What Tim Russert said...

CHOCOLATES AND NYLONS, SIR?

By David Podvin, Jan. 9, 2002

In 1992, shortly after being named moderator of Meet The Press, Tim Russert was having lunch with a broadcast executive. The mealtime conversation was about the pros and cons of working for General Electric’s NBC subsidiary. Russert expounded on how being employed by GE had brought him to the realization that things functioned better when Republicans were in charge.

“You know, Tim, you used to be such a rabid Democrat when you worked for Pat Moynihan,” said the executive. “But now that you’ve gotten a glimpse of who’s handing out the money in this business, you’ve become quite the Jaycee. Were you wrong about everything you used to believe so strongly?”

“I still believe,” Russert said, leaning across the table. “I believe in everything I ever did. But I also know that I never would have become moderator on Meet The Press if my employers were uncomfortable with me. And, given the amount of money at stake, millions of dollars, I don’t blame them. This is business.”

The executive agreed. “But are you concerned about losing yourself? You know, selling out?”

Russert pounded the table. “Integrity is for paupers!”

When Tim Russert joined NBC News in 1984, he began a personal transformation from Democratic congressional aide to broadcaster-in-charge of General Electric’s political interests. His early efforts for the network drew some criticism from the GE corporate suites as being “too knee jerk”, a euphemism for “insufficiently pro-GE/ Republican”. The executives at General Electric viewed with hostility the Democratic Party that wanted to burden them with obeying laws that the company preferred to break and complying with regulations that it preferred to ignore. While Republicans turned a blind eye to the serial environmental crimes and bribery committed by GE, the Democrats were less submissive. The company was especially upset that the Democratic Party had taken a position against transferring public ownership of the broadcast airwaves to the media conglomerates.

CONTINUED...

http://makethemaccountable.com/podvin/media/020109_Russert.htm

Money. It makes many people lose track of what matters. Their souls, for instance.