"What's wrong with it is, it lowers, to say the least, the credibility of the magazine. And if I were writing for [The New Republic ], I would feel diminished because the owner had done such a thing [fire a journalist]."

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I think the President of the United States must operate by rules. I think our judicial system must operate by the rules. You have to operate by the rules of the system, and if you don't, if you pull rank, then you lose all your credibility.

— Ray Dalio