Huffington’s Plunder

We have remarked about how ridiculous the sale of  Huffington Post was to AOL was purely from a financial perspective.  One that is similar to the asinine internet deals of the 1990s and the mergers & acquisitions scams of today.  Chris Hedges goes beyond the obvious financial stupidity of the deal (blessed by AOL’s incompetentent banksters and financial auditors) and looks at it from a purely moral perspective.  One that will ring a bell with many Americans and people around the world.  It’s an example of the exploitive elitist corruption we see not only the the U.S. but in China and the entire Middle East.  

Those who take advantage of workers, whatever their outward ideological veneer, to make profits of that magnitude are charter members of the exploitative class.

It was bad enough that Huffington used her site for flagrant self-promotion, although the cult of the self has reached such dizzying proportions in American society that such behavior is almost expected. But there is an even sadder irony that this was carried out in the name of journalism.