Monday, January 08, 2007

Whoops: New York Times Outs Its Own Political Bias

In a story about politically indexed mutual funds the Gray Lady notes:
Two funds started recently by Blue Investment Management, a New York fund company that is less than a year old, will limit their holdings to companies that donate the majority of their political contributions to Democrats...

But what really sets the Blue funds apart is their exclusion of companies that make less than 51 percent of their political donations to Democrats.
What isn't mentioned is that one of the companies that the Blue Fund finds slanted far enough to the Democratic side of the aisle to invest in is...the New York Times Company (CBS, too, but that's hardly a surprise since the Dan Rather scandal)!

In other words, the NYT has just outed itself as a politically biased news organization pretending to be impartial.

Via The Jawa Report.