Word: wanniski
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...watchdog publication is the Repap Media Guide, a mammoth annual affair that rates publications and journalists as if they were low-fat frozen yogurts. (Repap is the name of the Canadian paper company that underwrites the project.) The guide is compiled by former Wall Street Journal editorial writer Jude Wanniski, who helped convince Ronald Reagan of the merits of supply-side economics and has spent a good deal of time ever since trying to persuade the public that the deficits thus created do not really matter...
...president of his own Morristown, N.J., consulting firm, Polyconomics, Wanniski has tried to draw attention to his quirky brainchild by bashing a slew of famous journalists of both the left and right while fawning over the Washington Times, the right-leaning newspaper owned by members of the Rev. Sun Myung Moon's Unification Church. His attacks do not appear to have inflicted serious damage on the careers of either Lewis H. Lapham, liberal editor of Harper's, or William F. Buckley Jr., conservative editor of National Review. But then, Wanniski has been putting out the guide for only six years...
...Wanniski, whose business clients include Michael Milken (who, although in prison, is in regular phone contact with Wanniski), refuses to divulge the identities of the mysterious "media junkies" who help him compile his ratings, but among them there are at least two alumni of Lyndon LaRouche's fanatical groups, as well as public relations flacks, a social worker, a playwright, typists, salesmen, a medical secretary and people who called in to a Denver talk-radio program and asked to be reviewers. A man who has accepted money from felon Milken, has gone on Asian junkets paid for by felon Moon...
...from 29 corporations -- each with a financial interest in Mexico. A more thorough investigation by FAIR staffers might have unearthed the fact that one of those $10,000 contributions was from Milken, and that the report was prepared by Polyconomics, owned by none other than self-coronated media watchdog Wanniski. But nobody's perfect...
...Keynsians are in agreement with conservative economists, including some of Reagan's staunchest supply-siders, such as Jude Wanniski. They fear that increasing taxes would only stifle private spending and decrease tax revenues, thereby increasing the deficit...