That's after being a news hound on the web for many years.
Who funds and runs the Politico? - Glenn Greenwald - Salon.comSo the President and CEO of The Politico worked in multiple positions in the Reagan White House, and was continuously promoted until he rose to the level of Assistant to the President. And his close connection to the Reagan family and the Reagan presidency continues through today.
Are we supposed to treat this fact as irrelevant or something when assessing what The Politico is and what type of political coverage it churns out? There is nothing wrong per se with hard-core political operatives running a news organization. Long-time Republican strategist Roger Ailes oversees Fox News, of course. But it seems rather self-evident that a news organization run by someone with such clear-cut political biases ought to have a hard time holding itself out as some sort of politically unbiased source of news.
The Politico's biggest boosters are Matt Drudge and George W. Bush, and it is run by a Reagan loyalist. At the very least, those facts are worth considering. Given that Editor-in-Chief John Harris has repeatedly vowed to be more "transparent" in how they conduct themselves, shouldn't we have some understanding of the role played by Ryan, and what his connection is to "Allbritton Communications," whose "deep pockets" are (partially? fully?) financing The Politico?
This is the first I've heard about what seems rather clearly to be the obviously significant relationship between Ryan and The Politico. Anyone with more information on these matters, please email me or leave such information in comments. The Politico is rapidly becoming one of the most prominent and influential national media organizations, and its odiousness has seemed for some time to be generated by more than just the standard dysfunction in our national press corps.
UPDATE: The Politico's primary (perhaps sole) funding source is the Allbritton Company, of which Frederick Ryan is an employee. The Allbritton family's leader, Joe, was CEO of Riggs Bank when Riggs pleaded guilty to a series of illegal financial transactions with right-wing Chilean dictator Augusto Pinochet and his brutal military that took place throughout the 1990s and into 2001.
Although Allbritton himself was never charged with knowledge of those illegal transactions, he maintained what appears to be a close personal and business relationship with the right-wing dictator (h/t Jonathan Schwarz): >>>>>
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http://www.salon.com/opinion/greenwald/2007/05/04/politico_funding/