Here we go again.

A cutthroat Asian group has set its crosshairs on the flagship Apple store on Fifth Avenue at 59th — scoring nearly every iPad 2 it can get its hands since the hot gizmo went on sale last week, to re-peddle at exorbitant prices here and in China. The illicit, highly orchestrated scheme was in full gear yesterday, with a ringleader doling out massive wads of $100 bills to about five cohorts. The sidekicks then went up and down a line of about 200 Asians outside the store and around the corner, handing out the money.

via iPad cads scalping buyers –

Why is this happening? Because Apple has priced the iPad2 at exactly the same price as the original version, and then it is limiting purchases to 2 per customer, hence the “cutthroat Asians” 200 “cohorts”. 

Are they cutting anyone’s throats? No. What are they doing? As Gary North puts it,

The scammers in line then went inside and bought iPad 2’s — wiping out the store within minutes.

Wiping out the store! How? Buy paying the listed price. I mean, this is Pearl Harbor stuff!

“We buy from here, then sell,” one of the organizers gloated outside the store, standing near one of several bulging, oversized shopping bags filled with the hot devices.

Can you imagine the mendacity? They buy, then sell. There ought to be a law!…

A legitimate would-be customer said she’s been to the store three times since Friday — only to be thwarted by the creeps.

What is a “legitimate” customer? Someone who got to the store late.

What is a “creep”? An Asian who got there early.

Great stuff. Read the whole thing. (It’s free!)

Although this article is free, I would (and do) pay good money for this kind of journalism. Unfortunately,  journalists don’t wrote this stuff in the newspapers. They think that writing crap like “iPads cads scalping buyers” makes better journalism.  They are probably right. It sells newspapers. It sells eyeballs to advertisers. That is what journalism is. Not purveying the truth. Not the sacred duties of the fourth estate.

Thanks to the New York  Post for giving such a glaring and excellent example of what journalism truly is. Mr. Leo Lewis, are you reading this?