Wednesday, April 24, 2024
Miles from the Mainstream
D. R. ZUKERMAN, proprietor
Open Memo To Norman Pearlstine,
Editor in Chief of Time Inc.

JULY 3, 2005 --

The name of this website is taken from a phrase in the 1972 United States Supreme Court opinion that held journalists do not have a constitutional right to refuse to answer grand jury supoenas.

Indeed the phrase and the name of the case is stated in this website's masthead.
LPR notes with interest your comment, quoted on the front page of The New York Times, July 1, that Time Inc, would respond to a grand jury investigation "'the way ordinary citizens do'" -- after the Supreme Court failed to find grounds to permit Time Inc, or its reporter, Matthew Cooper, to avoid cooperating with a grand jury investigation into the source of the
leak of the identity of Valerie Plame, an operative for the CIA and wife of former ambassador (and Bush critic) Joseph Wilson).

(This writer acknowledges that he remains a shareholder in Time Warner, and that your decision might have saved Time Inc, fines for being in contempt of court.)


Memo to Karl Rove…

Sunday, July 3, brought word alleging that you had spoken with Matthew Cooper, Senator Charles E. Schumer, on This Week with George Stephanopoulos,
suggested that you come forward and tell the country the nature of your conversation wit Mr. Cooper.

LPR would be grateful for a statement from the administration on another matter: credit card interest rates. The rates that are at 26.99% for consumers who have paid late on come monthly bills but are now current.

Time Warner Building, in photo taken recently.

Rates at the magnitude of 26.99% could well send some consumers into bankruptcy but of course that would no longer be an option after the recent bankruptcy legislation increased protection for the credit card companies.

Mr. Rove -- how long must credit card users wait for protection against vastly punitive, indeed usurious, interest rates?

PS to Norman Pearlstine -- LPR sees no constitutional barrier to journalists to take notice of 26.99 percent interest rates that squeeze consumers and seem fully consistent with the warning, in Federalist 57, that there are people seeking that
"ambitious sacrifice of the many to the aggrandizement of the few."

 

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