Investment guru Warren Buffett’s outlook on newspapers is dismal

In fact, Warren Buffett has said don’t buy newspaper stock at any price. The days of the monopoly newspapers huge readership and advertising revenue are long gone.

What happened? Take a look at this modest blog’s stats: The 7-day traffic average is now passing hundreds of thousands of hits.  The majority are college graduates and in their peek buying years ages 25-55.
I predict the Boston Globe will go online with just a Friday/Sunday printed and delivered paper. 

Who is Nancy Pelosi? What does Progressive Democrat mean? Watch Obama, Hillary and Pelosi smile and talk with Ortega and Chavez, fellow socialists

OBEY OBAMA

OBEY OBAMA

You won’t see the mainstream media reporting who Nancy Pelosi is.

Citizens: Print,  clip and save this free Obey Obama poster (Void where prohibited by law).

By Mick Gregory

I know quite a bit about her, having lived and worked in her San Francisco district. You won’t see the San Francisco Chronicle or New York Times mentioning that she is a multi-millionaire from earnings on her non-union Napa Valley winerey and resort hotel. Yet, the soon-to-be-crowned Speaker, gets one of the largest shares of union campaign money.

Your 68-year-old grandmother hasn’t spent as much on her home as 68-year-old Nancy Pelosi has on facelifts.
Democrats are America’s neo-progressives, better known as socialists. I lived in Nancy Peloci’s San Francisco, where transsexuals are given special status along with all the other classes of minorities and the city is a “sactuary city” for illegals.

 

Do you think I am exagerating? Progressive Democrats are America’s Democrat/Socialists — Google it for yourself. Why doesn’t the LA Times with it’s 950-person newsroom devote an afternoon of a reporter’s time to check into this?

Socialism in America is growing. Aided by such influential Congressmen as John Conyers, Ranking Member of the House Judicial Committee, and the one who will start impeachment proceedings against George Bush in the coming months. Nancy Pelosi is one of the stars of the nearly 60 other Democrats advancing socialism in America behind the “Progressive” label.

Here are a few excerpts taken directly from the web page of the Democratic Socialists of America.

“The Democratic Socialists of America (DSA) is the largest socialist organization in the United States, and the principal U.S. affiliate of the Socialist International. DSA’s members are building progressive movements for social change while establishing an openly socialist presence in American communities and politics.

“At the root of our socialism is a profound commitment to democracy, as means and end. We are activists committed not only to extending political democracy but to demanding democratic empowerment in the economy, in gender relations, and in culture. Democracy is not simply one of our political values but our means of restructuring society. Our vision is of a society in which people have a real voice in the choices and relationships that affect the entirety of our lives. We call this vision democratic socialism – a vision of a more free, democratic and humane society.

0. We are socialists because we reject an international economic order sustained by private profit, alienated labor, race and gender discrimination, environmental destruction, and brutality and violence in defense of the status quo.
0. We are socialists because we share a vision of a humane international social order based both on democratic planning and market mechanisms to achieve equitable distribution of resources, meaningful work, a healthy environment, sustainable growth, gender and racial equality, and non-oppressive relationships.”
Here is what “Liberty” looks like to a socialist:
“A democratic commitment to a vibrant pluralist life assumes the need for a democratic, responsive, and representative government to regulate the market, protect the environment, and ensure a basic level of equality and equity for each citizen. In the 21st century, such regulation will increasingly occur through international, multilateral action. But while a democratic state can protect individuals from domination by inordinately powerful, undemocratic transnational corporations, people develop the social bonds that render life meaningful only through cooperative, voluntary relationships. Promoting such bonds is the responsibility of socialists and the government alike.
“The social welfare programs of government have been for the most part positive, if partial, responses to the genuine social needs of the great majority of Americans. The dismantling of such programs by conservative and corporate elites in the absence of any alternatives will be disastrous. Abandoning schools, health care, and housing, for example, to the control of an unregulated free market magnifies the existing harsh realities of inequality and injustice.”
The action agenda posted on the socialists’ web site very closely parallels Agenda 21, and the recommendations of the President’s Council on Sustainable Development. The web site boasts the creation of the “Progressive Caucus” in Congress, as well as the coalition that is working to promote the socialist agenda in Congress.

Now you know that the third person in line for the Presidency is a socialist.

Secret Service, please make sure that President Bush and Dick Chaney are not ever again with in a mile of each other for the next two years.

Imagine this, the Democrats impeach George Bush for invading Iraq, Dick Cheney becomes president, he dies of a heart attack within weeks because of his spike in blood pressure. Nancy Pelosi becomes the first women President of the United States, and another first of much more import, America’s first Progressive Democrat president.

Sources: http://www.dsausa.org/dsa.html,
http://www.sovereignty.net/center/socialists.htm

Buyouts, layoffs, big declines in readership and ads — it is a bleak Christmas for newspapers

The decline of the newspaper media monopoly never slows. If you have any stock in newspaper-heavy media, it’s too late to get out. As of the end of 2008, 30 daily newspapers are for sale. Buyouts were the good old days. Now there are brutal Christmans-time layoffs. Google the Gannett Blog and find a running count by an ex-Gannetter. 

The layoffs and firings that started this week at newspapers owned by Gannett, including at the flagship USA Today, have been especially ruthless,  in addition to being timed just weeks before Christmas, they number in the thousdands.  But why not? These are mainly socialists and athiests who mock families and call moms breeders. 

It’s bloody news for newspaper journalists. Even the sill profitable Gannett newspapers (many still have profit margins at 20 percent) are shedding employees at a breathtaking rate. 

This week  a Gannett spokesperson said the cuts are being managed locally, at each newspaper, which is why as a company they’ve not released figures on specific jobs other than to say it’s a 10 percent cut companywide. While early figures compiled paper-by-paper totaled 1,700 Gannett jobs cut, it looks like that number may well pass 2,000 by next week.

In just the past week several thousand newspaper employees in America have lost their jobs, Cox Newspapers announced the closing of their Washington, DC, bureau, and the Tribune Co. will lay off more people at their flagship paper in Chicago.

In Chicago the credit analyst Fitch Ratings predicted that the continued decline in advertising revenues will cause some newspapers to default on their debt in 2009, and rated the debt of two huge newspaper companies – The McClatchy Co. and Tribune Co. – ask “junk.” Fitch also predicted that several cities could find themselves without daily print newspapers by 2010.

As many as 1,700 Gannett jobs were cut this week, from assistant managing editors on down, including reductions of up to 31 percent of the staff at one newspaper, The Salinas Californian, according to a reader tally on a blog published by a former Gannett worker, Jim Hopkins.

 

The most recent E&P (an online Web site on newspapers that ironically ended its print edtions a decade ago) reports that recruitment advertising declined in May. The Newspaper Conference Board, which measures job ads in 51 print newspapers across the country, said its Help-Wanted Advertising Index is 33. It was 38 one year ago.

“This is certainly a more negative picture going into the second half of the year, compared to the beginning of the year,” Ken Goldstein, a labor economist at the Conference Board, said in a statement.

In the last three months, help-wanted advertising fell in all nine U.S. regions.

 


The Dallas Morning News (a monopoly) said today it’s going to offer buyouts to the newsroom. That means waving a modest proposal of a few extra weeks of severance pay in front of the noses of older employees. Reality check: the UAW buyouts give auto workers 90 percent of their pay and free health care for life.

 

I was walking my dog this morning at 5:30 a.m. and watched a newspaper carrier in a junk car speeding around my neighborhood to drop a paper at every 20th house or so. Just a few years ago, 40 percent of the homes subscribed to the paper. 

Imagine the carbon footprint of that old smokestack medium. 


The age of objectivity and fair reporting in America is over — MSNBC is disgraced

Who is a Democrat PR talking head and who is a journalist on MSNBC, NBC or CNN? Why stop there? The Washington Post, New York Times, LA Times and SF Chronicle are not investigating economic issues and massive bailouts. What kind of balanced journalism do you think the media performed during the two-year election?

First the gang journalists piled on Hillary, next they covered for Obama and attacked Palin.

MSNBC was the victim of a hoax when it reported that an adviser to John McCain had identified himself as the source of an embarrassing story about former vice presidential candidate Sarah Palin, the network said Wednesday.

The New York TImes had a reporter rewrite an AP story on the hoax and they spun the story to blame FOX News first with the hoax.  This is called journalism?

MSNBC was the victim of a hoax when it reported that an adviser to John McCain had identified himself as the source of an embarrassing story about former vice presidential candidate Sarah Palin, the network said Wednesday.

David Shuster, an anchor for the cable news network, said on air Monday that Martin Eisenstadt, “a McCain policy adviser,” had come forth and identified himself as the source of a story saying Palin had mistakenly believed Africa was a country instead of a continent.

Eisenstadt identifies himself on a blog as a senior fellow at the Harding Institute for Freedom and Democracy and “a contributor to FOX News.” Yet neither he nor the institute exist; each is part of a hoax dreamed up by a filmmaker named Eitan Gorlin and his partner, Dan Mirvish, the New York Times reported Wednesday.

The Eisenstadt claim had mistakenly been delivered to Shuster by a producer and was used in a political discussion Monday afternoon, MSNBC said.

“The story was not properly vetted and should not have made air,” said Jeremy Gaines, network spokesman. “We recognized the error almost immediately and ran a correction on air within minutes.”

Gaines told the Times that someone in the network’s newsroom had presumed the information solid because it was passed along in an e-mail from a colleague.

The hoax was limited to the identity of the source in the story about Palin—not the Fox News story itself. While Palin has denied that she mistook Africa for a country, the veracity of that report was not put in question by the revelation that Eisenstadt is a phony.

Eisenstadt’s “work” had been quoted and debunked before. The Huffington Post said it had cited Eisenstadt in July on a story regarding the Hilton family and McCain.

Among the other victims were political blogs for the Los Angeles Times and The New Republic, each of which referenced false material from Eisenstadt’s blog.

“The story was not properly vetted and should not have made air,” said Jeremy Gaines, MSNBC spokesman.

There are plenty of questions that are not asked.

How did Minnesota Democrat Party election officials come up with 500 more votes for the Democrat senate candidate days after the polls closed and none for the Republican candidate?

Why was there a crisis over $150,000 spent on Sarah Palin’s campaign clothing, but no comparison with Hillary’s warehouse of pantsuits or Obama’s Greek columns and semi-truck of suits?

Newspaper and news magazine circulation is dropping. Layoffs continue. (Wait until after January).

Hillary’s slow motion speech — Night of the orange pantsuit

Don’t you find it  repulsive the way “leaders” like Hillary talk so slow and dumb down their speeches. You know that the Harvard grad speaks a mile a minute with her elitist friends at cocktail parties.

Getting back to her speech and slide show showing baby pictures… WTF?

You missed Hillary’s little sideshow. She pointed out the son and wife of two of her super delegates who died within the last 10 days, one of gunshots, the other was found in her car (brain dead from a stroke).

 

Then she mentioned a cancer victim she met who wrote “Hillary” on her bald head who didn’t have medical coverage and was pleading  for Universal  Health Care. Well, how was she getting treatment? She actually was getting chemo treatments from a local clinic.

She failed to mention another similar incident on the campaign trail. Remember the man that came into her headquarters (Hillary was in another state)  with a bomb and gun asking to speak with Hillary about getting more federal government help for mental patients. The life-long Democrat is locked up now receiving medication.

McCain should pick Sarah Palin, governor of Alaska for VP

This post was published on Aug 25, 2008 

There is talk that Sen. John McCain will take more air out of the Democrat Convention by announcing his VP on Thursday. Good plan. Now, make it Sarah Palin and he will get some of Hillary’s disenfranchised voters. Palin has it all, good looks right out of central casting, intelligent speaker, family values and governor of Alaska.

She has positive energy and wit. She will be able to out debate Biden and show that the Republicans trust a women for high office.

Visit http://palinforvp.blogspot.com/

Drill here, drill now!

Sarah Palin

Sarah Palin

Chinese upset with Greorge W. Bush’s speech at Olympics about freedom

What kind of reception will Bush get? Perhaps a steaming platter of dog or perhaps a horse penis, both delicacies in China.

In a speech highlighting America’s historic freedoms and challenges ahead  in Asia, President Bush had boldly pushed China to enact a free press, free assembly,  freedom of religion  and labor rights in China, and spoke out sharply against its imprisonment of its citizens, human rights advocates and religious leaders. He said he wasn’t trying to antagonize China, but called such reform the only path the U.S. rival can take to reach its full potential.

This  sets the stage for an interesting reception when he attends the opening ceremonies Friday evening and meets with Hu on Sunday after attending church.

No other U.S. president has been so blunt with the Chinese  in modern history.

What kind of reception will Bush get? Perhaps a steaming platter of dog or perhaps a horse penis and testicles,  delicacies in China.