We’re all witnessing the sad death of a once great industry who sold their souls to devil and are all gonna pay the price soon. This is what happens in a free market when you lie to the people.

However, this is sad for the so called “little people” who are being let go, and the fact that they have an anchor who’s salary could pay for 200 more reporters shows how whacked all these so called geniuses in Hollywood and New York entertainment are.  An out of touch group of people who have their pulse on some other group of people, since it’s been off the pulse of real America for a couple decades now, and they still can’t figure this shit out.

Morons.

Katie Couric Gets Some of Her Own Class Warfare Medicine for $14m Salary

NewsBusters.org: “Katie Couric may be getting a taste of her own populist medicine. When the Dow hit 10,000 last October, she (and other network news personalities) used the opportunity to bemoan massive payments to Wall Street bankers. But now the populist sentiment has turned on her. She faces dramatic pay cuts as CBS News downsizes.

Couric, shown in a, er, file photo at right, ‘makes enough to pay 200 news reporters $75,000 a year! It’s complete insanity,’ one CBS News insider told the Drudge Report. ‘We report with great enthusiasm how much bankers are making, how it is out of step with reality during a recession. Well look at Katie!’

The employee was referring to Couric’s roughly $14 million annual salary, the highest in network news. That salary may be cut dramatically in the face of massive layoffs at CBS News branches in Washington, San Francisco, Miami, London, Los Angeles and Moscow.”  continued