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Zero Hedge's Op-Ed To The New York Times

Marla Singer's picture





 

I sent this Op-Ed proposal to the New York Times on Friday.  Perhaps they will print it.  If so, I will donate the proceeds (don't they pay you $450?) to the Electronic Frontier Foundation.

Zerohedge.com is a finance-focused weblog bringing together nearly 40 anonymous contributors dedicated to providing the public with a deeper, more detailed discourse on all things finance. After less than ten months since our first post, we’re among the top online publications nationwide in terms of readers, eclipsing other properties with several years of history, A-list contributors, and the backing of the country’s largest, mainstream media firms. Like many publications before us, not least the Federalist Papers, we encourage our contributors to use pen names.  Part of our rationale in adopting a publication-wide preference for anonymity (or, technically, pseudonymity) for our contributors and staff is to avoid making “the story” about the messengers rather than the message.  We believe content should stand on its own merits; if it cannot, neither a sterling reputation on the part of the author nor dazzling penmanship will manage to prop it up.  Likewise no amount of nefarious author history should, in isolation, tear down well-written, fact-based discussion and analysis.  An intelligent and skeptical audience should not be dazzled by several layers of foundation, whether on a swimsuit model or a sow.

On Thursday, following weeks of criticism of our anonymity on CNBC and elsewhere, a reporter from the New York Post confronted our public relations representative over the alleged identity of one of our contributors.  As a matter of policy, Zero Hedge does not comment on the identity of contributors or staff, but over the course of a 30 minute conversation with the reporter, something interesting emerged: the reporter in question was so befuddled by this policy that she barely knew what to say.  She had, quite literally, no idea how to write a story that wasn't primarily about personalities.  Her attempt to bribe our public relations representative with favorable coverage for an exclusive is an example of what is wrong with financial reporting today.  When reporting egos flatter (or threaten) other egos to pull facts, or garner the access required to secure a six-figure advance for their upcoming tell-all book, does anyone really believe we can expect an objective retelling of the facts worthy of the sacred, constitutionally-protected trust we as citizens have given the Fourth Estate?  Have the press forgotten that this is, in fact, a trust, and not a quitclaim deed?  Do they not realize that they are the Estate's trustees, and not its property owners?

Now, more than ever, anonymity is critical to the Republic.  This should surprise no one.  It has been a critical part of speech in this country since before its founding. Without the courageous and then-anonymous writings of, e.g., Thomas Paine or the authors of The Federalist Papers, our nation would be a very different place today.  Though we cannot confirm or deny that Thomas Paine or any of the founding fathers are Zero Hedge contributors today, we do believe we understand something of their motivation for using pen names.

Early on in Zero Hedge's history the view surfaced that, to bring up circulation, we should dumb down our content and post more biographical detail to bolster our credibility.  Thankfully, we decided against that.  The results, in terms of readership, and despite the absence of “credentials” as they are traditionally understood, speak for themselves. This is but one reason that today more than ever, we think it is time to end the cult of personality in financial reporting.  It is no accident that Harry Markopoulos (the accountant whose repeated attempts to expose Bernie Madoff to anyone who would listen were as often ignored) sought to avoid the limelight.

In 1995, Justice John Paul Stevens wrote in McIntyre v. Ohio Elections Commissions: “Anonymity is a shield from the tyranny of the majority.... It thus exemplifies the purpose behind the bill of rights, and of the first amendment in particular: to protect unpopular individuals from retaliation—and their ideas from suppression—at the hand of an intolerant society.”  Given the financial events of the last twelve months, we think it clear that this must be the end of the status quo for financial regulation in the United States.  We are also keenly aware that a number of extremely well-resourced, established players have little incentive in seeing any change at all.  As we live in an age where posting on a blog can get you fired years later after a casual, lunch-hour Google search by a Human Resources representative, has there ever been a more important time for anonymous speech in financial reporting?  We think not.

We revel in an educated, skeptical audience that takes us to task for every fact, assumption, and bit of analysis we write.  We think this keeps the focus where it belongs, away from the personalities and egos that muddy the water of skeptical inquiry.  Believe us, doubt us, argue with us, then decide where the best analysis is being generated: from reporters at brand-name media outlets, without a lifetime of expertise on the subjects on which they write and whose allegiances lie as much as with the sources they need to keep happy as with the readers they purportedly serve, or with those insiders who by shedding the burden of identification, are free to expose the abuses, absurdities, and abscesses of both those in power and those who report on them.

"Marla Singer," Zero Hedge

 


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Sun, 08/23/2009 - 11:46 | Link to Comment Anonymous
Sun, 08/23/2009 - 11:48 | Link to Comment Marla Singer
Marla Singer's picture

Gee, too bad we don't use a Google owned platform anymore. Well, luckily that blogger who is about to be exposed lives in the land of the free and the home of the brave. I'm sure they won't have anything to worry about.

Sun, 08/23/2009 - 13:19 | Link to Comment SlowTrader
SlowTrader's picture

well said Marla, keep it up.

Sun, 08/23/2009 - 11:46 | Link to Comment Mannwich
Mannwich's picture

Keep going, TD.  Do not stop. 

Sun, 08/23/2009 - 11:47 | Link to Comment Anonymous
Sun, 08/23/2009 - 11:48 | Link to Comment Mannwich
Mannwich's picture

Excuse me, keep going, TD et al.....

Sun, 08/23/2009 - 11:49 | Link to Comment dnarby
dnarby's picture

I think I'm going to cry.

...Yep!  (acts like something's in his eye).

Sun, 08/23/2009 - 11:52 | Link to Comment Anonymous
Sun, 08/23/2009 - 14:16 | Link to Comment Anonymous
Sun, 08/23/2009 - 18:15 | Link to Comment Cow
Cow's picture

"I highly doubt that this will be published!"

Given the drop in circulation of the NY Times, it might get more eyeballs just being on ZH

 

Sun, 08/23/2009 - 11:52 | Link to Comment Lou629
Lou629's picture

New slogan suggestion for ZH website & tee-shirts:

If the lone ranger could wear a mask, then what's the problem?

Sun, 08/23/2009 - 12:10 | Link to Comment Anonymous
Sun, 08/23/2009 - 18:12 | Link to Comment Lou629
Lou629's picture

anon. #45346,

While your reply removes any doubt about the overwhelming amount of creativity that you're capable of.  What a display of raw talent!  ;-)

Sun, 08/23/2009 - 11:53 | Link to Comment Anonymous
Sun, 08/23/2009 - 11:55 | Link to Comment xris
xris's picture

Makes one wonder what Thomas Paine's later life would have been like if he'd published the Age of Reason under a pseudonym...

Sun, 08/23/2009 - 11:55 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

don't spend it all on blow and red bull :D ... fantastic job Marla,hope they print it.

Sun, 08/23/2009 - 13:21 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:05 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:09 | Link to Comment Marla Singer
Marla Singer's picture

Anonymous, my friend, this is the majors. Dilettantes have no place. If that's not clear to you already given that the likes of CNBC attack us twice a week, then you need a visit to Pearle.

Sun, 08/23/2009 - 12:36 | Link to Comment bonddude
bonddude's picture

Quoting Justice JP Stevens was brilliant. That's why ZH is my first read everyday and several times a day.

 

To the above shrill Anon. comment, if people in high places weren't taking this site seriously

why is somebody like you here doing your best to detract? Mr. Gasparino?

Sun, 08/23/2009 - 12:51 | Link to Comment Marla Singer
Marla Singer's picture

He is one of my favorites. I had lunch with him in DC once. Amazing.

Sun, 08/23/2009 - 12:10 | Link to Comment windhorse2000
windhorse2000's picture

great job Marla!

Sun, 08/23/2009 - 12:10 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:14 | Link to Comment Marla Singer
Marla Singer's picture

#45347:

I'm not sure you can appreciate the degree to which it warms me (and almost brings a tear to my eye) to even obliquely be compared to Tanta (Doris...). I was a loyal reader, and afflicted mourner. I should live 1000 years and aspire only to live up to her prose.

Sun, 08/23/2009 - 13:30 | Link to Comment Anonymous
Thu, 08/27/2009 - 02:47 | Link to Comment Ruth
Ruth's picture

I loved reading her blog too, although I was mesmorized by Zerohedge before I caught her stuff but caught up and admired her also.  Always wondering what could I have done better, in re: to the mortgage mess.  It's now too little too late, but it's not too late for you at ZH, it's just the beginning, great work always.  Thanks is NOT enough.  (just think of it as carrying on her torch)

Sun, 08/23/2009 - 12:31 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:16 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:16 | Link to Comment Anonymous
Mon, 08/24/2009 - 08:37 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:16 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:17 | Link to Comment Harbourcity
Harbourcity's picture

NYT should publish it - they need the readers.

 

Sun, 08/23/2009 - 12:19 | Link to Comment Pico
Pico's picture

& if they do ZH gets more readers too.

Which place will they stay? (no contest)

Sun, 08/23/2009 - 12:17 | Link to Comment Pico
Pico's picture

go Marla! ZH is doing us all a great service. Thanks.

Sun, 08/23/2009 - 12:18 | Link to Comment Kaiser Soze
Kaiser Soze's picture

Well written piece, easily understood by the average reader.

Sun, 08/23/2009 - 12:19 | Link to Comment numbers
numbers's picture

Right on, Marla. Great op-ed. Not likely the NYT will print it but hey, you gotta try. Anyway, great job.

Sun, 08/23/2009 - 12:22 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:24 | Link to Comment thegreatsatan
thegreatsatan's picture

good luck having them publish that, the old gray whore long ago gave up anything that resembled journalistic integrity and intellectual honesty

Sun, 08/23/2009 - 12:24 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:28 | Link to Comment Marla Singer
Marla Singer's picture

Sore point? Are you nuts? It's one of our founding tenants tenets!

Please... PLEASE continue attacking us for one of the features that founded this Republic. Please... oh PLEASE keep that up.

Sun, 08/23/2009 - 13:32 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:56 | Link to Comment Anonymous
Sun, 08/23/2009 - 15:39 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:26 | Link to Comment I need more cowbell
I need more cowbell's picture

I am just proud to be a reader and occasional poster. I cannot imagine the sense of satisfaction y'all must feel, daily.

This is the best and most important site, not just fiancial site, on the internet. Welcome to the revolution, of sanity, of non-corruption, of free thought.

Sun, 08/23/2009 - 12:32 | Link to Comment Ich bin ein whatever
Ich bin ein whatever's picture

 As we live in an age where posting on a blog can get you fired years later after a casual, lunch-hour Google search by a Human Resources representative, has there ever been a more important time for anonymous speech in financial reporting?  We think not.

There have been at least four people at my corporation fired for this. 

Sun, 08/23/2009 - 18:18 | Link to Comment Gordon_Gekko
Gordon_Gekko's picture

It is exactly because of this type of nonsense that I decided not to work for any corporation - ever. Fuck off, bastards.

Sun, 08/23/2009 - 12:35 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:42 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:50 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

this is a repost of a comment i wrote on NC under the post questioning TD and ZH " legitimacy ", i find it important to post it here simply because it is a summary WHY anonymity is important. It is not your standard view on anonymity as a protection tool, but as a tool of validation; but to make a long post short; here ya go

 

 

" Yves, is that jealousy i find in the tone of your post; first of all anonymity is the basis of accomplishment throughout history of mankind and it serves a purpose; as you my,or may not know; Gadamer came to a startling conclusion that anonymity is one of the basis for a successful reading; and thus basically one of necessary epistemological components when it comes to validating consensus of either relation or objectivity of that relation among all the parties which take position in the discourse itself; furthermore; if the true nature of the information is objective truth or it holds reference to truth; then the source of that information is meaningless ( Vienna circle and Habermas ); all that matters is context; furthermore; information; as knowledge; can only be objective if accepted trough various verification models by number of independent observes ( ZH satisfies this, and all of the above ). So your " critique " of anonymity is either a) subjective and thus not valid or b) simple logical fallacy and un-intentional mistake; if first is the case that your reasons are purely anthropological/psychological and can be dismissed as subliminal but if b) then you show a warning lack of the tool you use to promote your thought and information and then rises something called perpetual loop( or in logic circular reasoning); and that is basically that the content you provide can be bounded to intentional mistake which would immediately compromise it in a) utilization b) truthfulness . I hope you get what I'm trying to say; but if not let me summarize it for you
a) it is the manifistation of your nature
b) it is the manifestation of your lack of understanding what writing is ( read Derrida ) and what is the nature of knowledge and information ( take some epistemology courses )"

Sun, 08/23/2009 - 13:14 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:51 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

good point anon.

 

i was wondering when i saw the list of her clients; would she write about Soros and his manipulation of south-east asian currencies in the early 00s, or GS involvement in blowing the dot.com bubble ( this was known for years, even before Taibbi wrote about it ); or Swiss bank acting like and intermediary for Mossad ans CIA during the 80s ( haven't seen NO ONE writing about that, although it is a known fact in Swiss, particularly in Geneva ). Oh, and did you catch that post on NC where someone listed all the information regarding ZH tech structure. I mean, its fucking retarded to act like that.

Sun, 08/23/2009 - 22:16 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

Andy +10; you are right; i re-checked my point of reference and the Indonesian president was not talking about Soros, but some Ukrainian guy. Yes, thank you for correcting me; that's what i get when trying to remember an article i read 7 yrs ago. 

EDIT: i dont want to be junked for political reasons. ( yeah that goes to you I Heart Goldies; FUCK YOU )

Sun, 08/23/2009 - 22:32 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

no dude, of course not; that's Chabal; the toughest motherfucker around. check it out ... http://www.youtube.com/watch?v=ePto52GQrz0&feature=related 

Mon, 08/24/2009 - 05:11 | Link to Comment Bolweevil
Bolweevil's picture

cheeky pulls back the curtain ever so slightly, I knew that dude looked familiar. you should use ollie leroux for fun.

Sat, 06/26/2010 - 22:14 | Link to Comment velobabe
velobabe's picture

this is fucking madness what i am learning on this ZH site.

my late husband was a nationally know rugby player.

it plagued him almost to his death.

but he was pushed to his death by another rugby player that idolized him for what he wasn't.

fucking men are so screwed up.

he said he got so beat up by this sport.

saturday nights he just ached with pain. he didn't know why he was supposed to undure this. probably for the glory of others, like you.

he was taken down by the big push to be

b e t t e r

and b e t t e r

and f a s t e r  and f a s t e r

t o u g h e r   and   t o u g h e r

pushed to the brink, by ego's and others.

he was a tool for other males to realize their fucking {no} balls.

he had balls, dead.

Sun, 08/23/2009 - 15:15 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:47 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:48 | Link to Comment Raymond Shaw
Raymond Shaw's picture

Nice post Marla.

Sun, 08/23/2009 - 21:02 | Link to Comment berlinjames02
berlinjames02's picture

Hey Raymond,

Have you been following New Zealand closely as they navigate through the downturn? (Cheeky pointed me to you... see here: http://www.zerohedge.com/article/boston-fed-panic-1907-or-2008)

I saw 2 articles in the WSJ about the NZ gov't cutting taxes and other pro-growth policies. Unfortunately I haven't followed up on how it's working out for them, but I thought you might have more insight, being in the Commonwealth and all.

Here are the WSJ articles for those who are curious:

http://online.wsj.com/article/SB122928801357304815.html

http://online.wsj.com/article/SB123376917763348479.html

Sun, 08/23/2009 - 12:48 | Link to Comment Ned Zeppelin
Ned Zeppelin's picture

"Tenet," I believe, as in a fundamental, guiding principle, is the operative word.  I am humbled to have even posted to this website, which as near as I can tell, based on limited information, is what is at least debated at ZH. Truth is a scarce commodity these days, and it is dangerous (in terms of acceptance in various circles of power) to speak it, for any number of reasons.  Once "approved speech" becomes the norm, "free speech" metamorphs into the unfettered right to repeat ad infinitum that which you have been told, or learned, is perfectly all right to say.  All other thoughts are thereby condemned as verbal mediums of exchange between tin hats, kooks, outliers and malcontents.   From revolution to Empire, the transition is mostly imperceptible, but this phenomemon surely must be one of the signs of the contraction of true freedom.  Free speech means nothing if you are mocked and ridiculed for speaking - when that becomes the case, the words are the important part, the song not the singer.   Hence, the need for anonymnity.

Sun, 08/23/2009 - 12:54 | Link to Comment Anonymous
Sun, 08/23/2009 - 19:15 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:55 | Link to Comment Tripps
Tripps's picture

awesome

 

there you go folks- 40+- people involved in this blog.  End Of Story.

Sun, 08/23/2009 - 12:56 | Link to Comment Tripps
Tripps's picture

I'm still waiting for Zerohedge to put up a damming expose of CNBC of the last 10 years which will end that network forever

Sun, 08/23/2009 - 14:38 | Link to Comment Anonymous
Sun, 08/23/2009 - 12:56 | Link to Comment The Coon
The Coon's picture

Re:  Dumbing down the content.

Having been on the street for 20+ yrs, I freely admitt that some of the content on ZH, flies right over my head.   Oh well, I deal with it.   Hey, we can all learn new stuff, right?

Sun, 08/23/2009 - 18:56 | Link to Comment loki
loki's picture

Here, Here!   I agree.  Some of us are learning this stuff here.   Granted, we don't expect spoon feeding but some basic general info would help.     It would also be helpful if the "Glossary" were truly a glossary instead of an Index.   I went to look up "Black Swan" -- [yeah, I didn't know -- still don't, really -- what it is/was]   and was directed to a bunch of posts instead.

 

I'm not a financial person but I am trying to understand it.   FWIW,  I've learned a lot here, at calculated risk, seeking alpha, NJReReport, and other sites.    It's saved my financial ass.


That picture next to the name?  That's Case-Shiller's  HPI graph since 1890.   That's the graph that kept me from buying a house in 2006.   Thankfully!

Sun, 08/23/2009 - 19:37 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:02 | Link to Comment Anonymous
Sun, 08/23/2009 - 16:07 | Link to Comment Problem Is
Problem Is's picture

Ahhh, he's the cutest baby Sarah... and he looks JUST like you.

Sun, 08/23/2009 - 13:08 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:10 | Link to Comment deadhead
deadhead's picture

Beautifully written....I love it!

Thank you.

Sun, 08/23/2009 - 13:14 | Link to Comment Dr Hackenbush
Dr Hackenbush's picture

This piece hits the mark on so many levels.  Given the great significance of today’s financial news, and the greater need for independent, lobby free voices, it would be a complete travesty for NYT not to print this.  

If, drunk with the sight of power, we loose! (no need for my pill today, thanks Marla)

Sun, 08/23/2009 - 13:13 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:24 | Link to Comment ghostfaceinvestah
ghostfaceinvestah's picture

Who the fuck cares what the NYT thinks?

Sun, 08/23/2009 - 13:30 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

GFI; its not about that; its about introducing ZH to a wider audience via MSM outlet; consider this; if NYT prints this it would be like they killed themselves while trying to save themselves. Get it; its so deeply Sun-Tzu like i feel like a soldier :D

Sun, 08/23/2009 - 13:27 | Link to Comment Anonymous
Sun, 08/23/2009 - 16:24 | Link to Comment D.O.D.
D.O.D.'s picture

With all do respect to Anons everywhere, your opinions of how it should be done are at the very essence of the piece.  If you would do it differently, you should, but of course the ends you seek would wholly be your own.  So I think YOU should write an op-ed about how op-eds should be written, and see if it gets printed...

Sun, 08/23/2009 - 22:45 | Link to Comment bbbilly1326
bbbilly1326's picture

"I think this is badly written,"

 

WTF ??!!  lol...

I don't know so much about econ/finance, but I can tell you, I know about English; in fact, I'm  a bit of a syntax/grammar/spelling nazi.

You might disagree with the ideas contained in this piece, but badly written it AIN't.

In fact, it's one of the most beautifully written pieces of formal English I've seen online in quite awhile, and that includes the editorial pages of most of the major newspapers.

Sun, 08/23/2009 - 13:31 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:32 | Link to Comment Louise1
Louise1's picture

Thank you, all of you.

Sun, 08/23/2009 - 13:34 | Link to Comment polizeros
polizeros's picture

Stay anonymous. Political oppo research and subsequent slimes would be minor compared to how they would attempt to destroy you if they discovered who you are.

Mon, 08/24/2009 - 01:46 | Link to Comment Eduardo
Eduardo's picture

Yes, yes, young Lady. But, the question we are really askin' is: are you the same Marla Singer that plays the music?. You see? We the corparate media are all about asking the tough, interesting questions to the right people!

...

Seriously: you rock Marla ! There is no hope for them. They are in their last act waving good bye. You guys are the next wave.

Sun, 08/23/2009 - 13:43 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:54 | Link to Comment Anonymous
Sun, 08/23/2009 - 13:57 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

There is nothing so powerful as an idea whose time has come.  I have absolutely no idea where I would find all the information provided that appears "for free" on Zero Hedge.  The information presented on Zero Hedge sheds a light into those dark little banking corners and lets people know until the end of days, what is going on. 

I appreciate everything ZH writes.  I couldn't care less if Zero Hedge is written by pen wieldling pit vipers ( http://www.fishgonebad.com/Stories/BISH/BISH2.htm ).

Sun, 08/23/2009 - 14:08 | Link to Comment Anonymous
Sun, 08/23/2009 - 14:20 | Link to Comment jedwards
jedwards's picture

Marla, I've pretty much hated everything you've written on zerohedge since you first started.  Your writing usually irritated the hell out of me due to its self-indulgent tone and wordiness.

 

However, this piece was brilliant and well-written.  I have a newfound respect for you.   I sincerely hope this great writing continues.  I think you really exposed the journalism industry for what it is, which is simply a means to self-promote and hopefully get that sweet tv deal like Oprah.

 

Let's hope this slap in the face to journalists will wake them up, just like zerohedge is flapping the faces of the financial industry.

 

Good work!

Sun, 08/23/2009 - 14:28 | Link to Comment Marla Singer
Marla Singer's picture

Hard to argue with anyone who uses an avatar from Harvey Birdman, Attorney At Law. Plus, who is to say which Marla it is that you hate?

Sun, 08/23/2009 - 17:06 | Link to Comment jedwards
jedwards's picture

Nah, my hate for you is over.  The above article was that good.  Keep up the good work!

Sun, 08/23/2009 - 14:27 | Link to Comment eggy123
eggy123's picture

Awesome. Your argument is perfect, and while for the most part its focus is on the finance community, it certainly applies to the state of liberty and journalism in the US in general.

Only a moron, or the MSM, would fail to realize the following:

By design, the government, abiding by The Constitution, protects individual voices, and thus ideas, from being squelched by powerful organizations such as the govt itself. In the absence of a government that abides by The Constitution, and the wholesale, willfull, and disgusting negligence exhibited by "the press", who will protect voices and ideas? The people themselves. Anonymity is simply a tactic.

 

Sun, 08/23/2009 - 17:38 | Link to Comment Ben_the_Bald
Ben_the_Bald's picture

The Constitution doesn't say anything about powerful organizations regarding the freedom of speech. It protects its citizens from the government infringing on the freedom of speech. That's all.

The Constitution doesn't prevent a private enterprise from firing an employee who believed he was using the "freedom of speech" even anonymously. This has nothing to do with the government following the Constitution to the letter.

Mon, 08/24/2009 - 01:41 | Link to Comment aldousd
aldousd's picture

Good point bald man! (Seriously, I'm actually not being sarcastic.)  The amendments indeed say things like Congress Shall Make No Law, which is not the same as "No business shall bar its employees and customers from saying shit they don't like."  One can only hope the government would have just about nothing to say about who is hired and fired anywhere anyway.  I think people who yip about Freedom of speech, you know, while I'm sitting in YOUR livingroom telling you it's my right to call your wife a whore, are clearly missing the point of the bill of rights. All it says is the government will be hands off with regard to speech etc, not that everyone will be.

 

edit: to be more clear, I'm not saying that freedom of speech claims are bunk, with respect to the government quashing dissent and censoring things, but merely that with respect to private entities there is no such law governing ones rights to free speech on private property in private supervision, under private contract, etc.

Mon, 08/24/2009 - 06:31 | Link to Comment eggy123
eggy123's picture

Correct of course. Bad choice of words on my part.

I am referring to the goverment infringing on freedom of speech in order to protect powerful organizations, presumably those powerful organizations that have put the goverment in power.

 

Sun, 08/23/2009 - 14:45 | Link to Comment Anonymous
Sun, 08/23/2009 - 15:08 | Link to Comment Tyler Durden
Tyler Durden's picture

We are very careful to pick our media venues, although you do bring up valid points.

Sun, 08/23/2009 - 17:10 | Link to Comment jedwards
jedwards's picture

I agree with the original poster.  Look at Dennis Kneale's hitjob on the one blogger that decided to show up on his show.  Look at how he distorted the truth as to what was said.  He had an agenda and since he controls everything, he can control what you SEEM to say on his show, regardless of what you actually said.

 

No more interviews, if you have something to say, it should be said on this website.  If someone wants to interview you, it should be done on your turf, not theirs.

Sun, 08/23/2009 - 14:46 | Link to Comment Anonymous
Sun, 08/23/2009 - 14:57 | Link to Comment vicelord
vicelord's picture

 "... following weeks of criticism of our anonymity on CNBC and elsewhere... "

Elsewhere?  I don't remember there being any elsewhere.  I thought Dennis Kneale started some sh!t, and then Gaspirino and that dried up twat whatshername (she may as well be anon.) took a few shots at you.  But that was it, as far as I recall.  You're trying to cultivate an air of importance it does not merit.

As somebody famous somewhere once said... "Who gives a shit?"

Sun, 08/23/2009 - 16:12 | Link to Comment D.O.D.
D.O.D.'s picture

Plasticos speaks...but does anyone care what a famous person has to say anymore?

Sun, 08/23/2009 - 15:03 | Link to Comment Project Mayhem
Project Mayhem's picture

Marla,

 

Definitely enjoyed your op-ed piece.  Well-written, as usual. When's the novel coming out?

 

 

Sun, 08/23/2009 - 15:19 | Link to Comment Anonymous
Sun, 08/23/2009 - 15:20 | Link to Comment UbuTranscendent
UbuTranscendent's picture

Anyone doubting the need for anonymous commentary that speaks to power need only read any historical account of the reactions of powerful governments and organizations against those they perceive as a threat.  Furthermore, be assured that some of the most egregious incidents have never been publicly reported.

I hope ZH will keep a behind-the-scenes journal so we may read their story someday. Ubu.

 

Sun, 08/23/2009 - 15:27 | Link to Comment TumblingDice
TumblingDice's picture

The attack on your anonymity is entirely driven by fear. They fear what they do not understand. Keep up the good work.

Sun, 08/23/2009 - 15:29 | Link to Comment Anonymous
Sun, 08/23/2009 - 15:43 | Link to Comment pigpen
pigpen's picture

MSM and tout TV are becoming more and more irrelevant.

Real information discussion and dissent occur away from MSM.

Keep up the good work, be skeptical, love your country and question and dislike MSM, authority and your government.

Cheers,

PS - stop watching TV - it frees the mind like nothing else

Sun, 08/23/2009 - 15:44 | Link to Comment pigpen
pigpen's picture

Tanta vive!

Sun, 08/23/2009 - 16:08 | Link to Comment digalert
digalert's picture

US tax dollars are spent to fund attacks on free speech and dissent. While a formidable foe, the truth will prevail.

Sun, 08/23/2009 - 16:10 | Link to Comment D.O.D.
D.O.D.'s picture

Bravo.

Sun, 08/23/2009 - 16:16 | Link to Comment Anonymous
Sun, 08/23/2009 - 16:19 | Link to Comment GoldmanSux
GoldmanSux's picture

Great piece. They better publish it soon, as they have no more assets to pledge or sell. A soon to be former newspaper.

Sun, 08/23/2009 - 16:22 | Link to Comment Problem Is
Problem Is's picture

That was extremely well written and completely covered your position and supported it.

I wish I could write like that... I have to laugh at your recounting of the reporter trying to work on your staff member. A reporter clueless to the reasoning of the anonymity policy. 1 dimensional thinkers, one and all in most of the media. Seymour Hersh or Robert Scheer would understand your position...

I have to admit I don't know much about your operation and I am a novice to finance... math is my academic realm. I come here to learn and I learn a lot reading this blog. I thought Tyler was one person's pen name and I have seen Marla and a couple of others. I did not realize there were numerous Tyler's.

That does explain to me why "Tyler" seems to come out of left field sometimes... there is a Tyler in left field, and right and center, etc.

Since I think context is important to help understand where an author is coming from, it would be helpful if there were separate pen names or group them by expertise. If I know Tyler 1 is the HFT guy or group, then I can keep their previous articles and positions in context not confusing them with the hyperbolic humorous Tyler 2, or the technical analyst Tyler 3...

Otherwise I support the anonymity for the same reasons you do... look how I sign my name..

Sun, 08/23/2009 - 16:26 | Link to Comment percolator
percolator's picture

Kudos to ALL the Marlas!  Though super size it for this Marla post and the one who spins on ZH Radio if it is not the same Marla.

Sun, 08/23/2009 - 16:47 | Link to Comment Project Mayhem
Project Mayhem's picture

The DJ is 'Swedish Ice Princess Marla'.  This was written by 'Sexy Librarian Marla'.

Sun, 08/23/2009 - 16:34 | Link to Comment Anonymous
Sun, 08/23/2009 - 16:41 | Link to Comment Anonymous
Sun, 08/23/2009 - 16:55 | Link to Comment Ben_the_Bald
Ben_the_Bald's picture

The NYT only wants 500 words for an op-ed. Ask Krugman. I believe you went almost 400 words over the limit. This is from memory, so I may be confusing editorials with op-eds.

Sun, 08/23/2009 - 17:38 | Link to Comment Marla Singer
Marla Singer's picture

Actually, their own "how to submit an Op-Ed" hints at 750 words, which is what I targeted.

Sun, 08/23/2009 - 17:11 | Link to Comment Anonymous
Sun, 08/23/2009 - 17:20 | Link to Comment Anonymous
Sun, 08/23/2009 - 17:20 | Link to Comment Anonymous
Sun, 08/23/2009 - 21:37 | Link to Comment Anonymous
Sun, 08/23/2009 - 17:28 | Link to Comment Anonymous
Sun, 08/23/2009 - 17:47 | Link to Comment SWRichmond
SWRichmond's picture

Marla,

"Without the courageous and then-anonymous writings of, e.g., Thomas Paine or the authors of The Federalist Papers, our nation would be a very different place today."

Yes, but there is coming a time when we will need faces with names, men and women of stature.  I am reminded of the genesis of The Bill of Rights.  Virginia geographically divided the colonies, and a failure of Virginia to ratify would have mortally wounded the new nation.  Patrick Henry and George Mason verbally blugeoned the statist Madison so severely that Virginia's ratification of the Constitution was called into question.  Madison reluctantly agreed to introduce a bill of rights; absent this prominent and public opposition, there would be no P7M8 in your nightstand.

We will face such critical moments, and they will need to be dealt with publicly.  For now, forcing the truth into the light must be done anonymously.

 

Sun, 08/23/2009 - 18:13 | Link to Comment TomJoad
TomJoad's picture

I read a significant portion of the NYT today, for the first time in several months. It was 99% fluff. The irrelevance of most of the "content" was mind-boggling. I certainly wouldn't feel slighted by their failure to print your Op-Ed. I read almost all of ZH's content EVERY day. Keep your focus, keep fighting the good fight.

Thank you.

Sun, 08/23/2009 - 18:42 | Link to Comment Gawains Ghost
Gawains Ghost's picture

An excellent essay, Marla, cogent and well witten. Which is precisely the NY Times most likely won't publish it.

Sun, 08/23/2009 - 19:18 | Link to Comment OldCodger
OldCodger's picture

I read "everything ZH" or try to everyday. Followed Tanta too and still do CR and NC with some Mish and BR thrown in. And a growing list of Seeking Alpha people who question the MSM lines. Anything questioning the status quo I can find. Been in the biz since '80 and started at a wire house by swallowing the koolaid and didn't even know it. I absolutely love this site and the attendees. Keep up the outstanding work!! BTW, I started in the field later than some and have been learning ever since, I'm 64 now but will try to keep up....

Sun, 08/23/2009 - 19:35 | Link to Comment Ernie Olsen
Ernie Olsen's picture

Wonderfully articulated.  They're cowards if they don't print this!

Sun, 08/23/2009 - 19:42 | Link to Comment Anonymous
Sun, 08/23/2009 - 19:49 | Link to Comment agrotera
agrotera's picture

Awesome as usual Marla!

 

( By the way, to some of you out there, have you started noticing that some of the posts from certain Anony's are very similar to some of the posters with avatars? ) 

Sun, 08/23/2009 - 20:24 | Link to Comment Apocalypse Now
Apocalypse Now's picture

Bravo, well done, take a bow.

Sun, 08/23/2009 - 20:32 | Link to Comment Anonymous
Sun, 08/23/2009 - 20:44 | Link to Comment dcb
dcb's picture

If they can't atttack your data, if they can't attack your conclusions, they will attack what they can. it is an attack of desperation nothing more. UNfortunately, I don't think it's suitable for publication due to structure and language. the information in the second to last paragraph needed to be in the first. The third paragraph needed to be the second.  then the story of your growth and the problems with mainstream media. Then wanting to be judged by content, not personality driven, and free to say things the regular press is unable or unwilling to report.

 

I send your material to them on a regular basis and question their financial reporting.

Sun, 08/23/2009 - 20:47 | Link to Comment crzyhun
crzyhun's picture

Great posts and great op-ed. Hope it gets in. BUT, why the grey lady? I offer the Washinton Post as a better alternative. Right to the belly of the beast. In the back yard of it all.

Sun, 08/23/2009 - 20:50 | Link to Comment dcb
dcb's picture

I really do not understand what the issue is. It is a made up one. pseudonyms are common in literature. The sad fact is that major news outlets have beomce irrelevant prducts that are designed for the simplist common demominator and mass appeal. Look at all cable news. CNN used to be good, now maybe you can get bbc world. there are few places for long detailed extensive educating news anymore.  the masses want their news in 30 second sound bursts

Sun, 08/23/2009 - 21:31 | Link to Comment Anonymous
Sun, 08/23/2009 - 21:37 | Link to Comment There ya go again.
There ya go again.'s picture

Thanks for all you do !!

Sun, 08/23/2009 - 21:42 | Link to Comment Anonymous
Sun, 08/23/2009 - 22:08 | Link to Comment Anonymous
Sun, 08/23/2009 - 22:21 | Link to Comment lynnybee
lynnybee's picture

I am so new to ZERO HEDGE, and am learning so much.    I really like your website, it is very educating for a novice like me.    Please keep your website going.    Sincerely ............ 

Sun, 08/23/2009 - 23:17 | Link to Comment Anonymous
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