Queen Anne said:
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Technically, based on their procedure they did what they were supposed to do...just turns out it was wrong. A government source gave them the information, and has given them correct information in the past. (It's interesting, a lot of conspiracy theorists are already saying that this information was fed to Newsweek on purpose knowing they'd run with it, because it would draw away from the problems that we have been having in Iraq and Afghanistan...has it? definitely...this was all you heard about today. Do I believe it? eh, not really...but it's interesting). They also took the story to the Pentagon, and they said nothing about the part containing the Quran.
While I do think they need to have all their bases covered, I can see why they would think this was a credible story. They have a governmental official give them the information, then take it to the Pentagon and have the 2 officials there not say anything about the Quran desecration...I don't know if there is much more they could've gotten.
That said, I do think what it has amounted to is awful. It has caused a horrible backlash in the Muslim world that cannot be immediately corrected, especially with tensions as high as they were before this.
Newsweek is a respectable news source. They would never, ever just pull a story like this out of thin air. This has cost them their reputation and has had serious consequences. Had they the slightest idea that this story was false, they would've never ran with it, period. It's much too risky. But at the time, being the only news source with this information of course they jumped on it, and probably didn't do the job they should've in trying to fully varify it.
Like I said earlier, I read Newsweek every week. This will not stop my subscription in anyway. If we were to stop reading/watching a news source that had given us misinformation, then we couldn't read or watch any news source. Sadly this one took a deadly turn.