"Patriotism may be the last refuge of a scoundrel, as Samuel Johnson put it, but a lack of it may be the last refuge of corporate executives who have run out of ideas on how to improve their business," groused Daily Beast global finance editor Daniel Gross in the open of his 9-paragraph screed "Burger King Plots Canadian Invasion to Save His Faltering Kingdom." "It’s one thing for a fairly anonymous company that sells pumps or valves or industrial products to other businesses to renounce its citizenship for the sake of saving a few bucks on taxes. It’s quite another when you’re an iconic American consumer-facing company that relies on fickle consumers for a large share of its business," Gross fumed.
By contrast, folks reading coverage of the planned merger at Time.com's money section were treated to an article which actually dealt with the facts rather than diving into overheated political rhetoric. As Time.com's Paul J. Lim explained, "Burger King Wants to Cut its Exposure to Hamburgers, Not Just Taxes" (emphasis mine):






The news media love to bash businesses and support regulation, so Newsweek's mockery of the CEO class and claims that they accomplished nothing between 2001 and 2009 shouldn't be a surprise.
When in doubt blame conservatism, even when it comes to the struggles of a media outlet - and ignore the possibility that