Wall Street Journal Editorial Board Resigns In Disgrace

New York, New York - Today, the entire editorial staff of the Wall Street Journal resigned in disgrace. This mass resignation was triggered when a series of personal memos and e-mails from editorial board members were leaked to the news division of the Wall Street Journal which then published them in a shocking in-house exposé. The documents describe an editorial board immersed in a culture of rampant corruption with a flagrant abuse for journalistic principles and a complete disregard for the truth.

These memos and emails reveal that the Wall Street Journal editorial board knowingly lied to the public in virtually all of their editorials over the last 18 years. In particular, the documents show that they knew, contrary to their editorial positions, that the crimes President Bill Clinton were alleged to have committed were fabricated by right-wing opponents. They also knew that President George W. Bush was lying when he used weapons of mass destruction as a pretext for the Iraq war. And, in what may be they most damning revelation of all, they knew that Al Gore was the rightful winner in the 2000 presidential election.

Paul Gigot, editor of The Wall Street Journal's editorial page, had this to say when he submitted his resignation, "We, at the Wall Street Journal, knew there were no weapons of mass destruction. We knew that the Clintons had committed no crimes. And, we knew that both Ronald Reagan and George W. Bush were guilty of impeachable offenses. Yet, we continued to make up facts and deceive the American people. Unfortunately, we have now been exposed as liars and frauds and have no choice but to resign."

A few hours later, Gigot accepted a new position as a Senior Fellow at the Heritage Foundation.