What is a community organizer? ACORN stands for Association of Community Organizations for Reform Now — James O’Keefe and Hannah Giles expose ACORN fraud

Citizen journalists exposed ACORN on camera. Now the Obama/Democrat politicians have to sever their ties with the socialist group famous for ballot stuffing, voter registrations by the tens of thousands and illegal loans by the thousands (helping fuel the financial meltdown).  The two citizen journalists asked for tax advice on opening up a house of prostitution and got some good tips from ACORN staff members. 

 

The interview was taped and now Obama has some explaining to do. Why did he pick 9-11 for the first annual day of service? Now ACORN will forever be tied to a tragic day in American history. ACORN is a brownshirt political activist group hired to rig local elections and beef up poor and illegal numbers for federal aid.  What a shitty organization? My god! 

 

Two employees at the Baltimore, Maryland, branch of the liberal community organizing group ACORN were caught on tape allegedly offering advice to a pair posing as a pimp and prostitute on setting up a prostitution ring and evading the IRS.

The video  was recorded and and posted online Thursday by James O’Keefe, a conservative activist. He was joined on the video by another conservative, Hannah Giles, who posed as the prostitute in the filmmakers’ undercover sting.

Wonder why the New York Times or Washington Post didn’t think of doing this kind of real journalism? I think you know the answer.

The video shows the pair approaching two women working at the ACORN Baltimore office and asking them for advice on how to set up a prostitution ring involving more than a dozen underage girls from El Salvador. One of the ACORN workers suggests that Giles refer to herself as a “performing artist” on tax forms and declare some of the girls as dependents to receive child tax credits.

“Stop saying prostitution,” the woman, identified by the filmmaker as an ACORN tax expert, tells Giles. The other woman tells them, “You want to keep them clean … make sure they go to school.”

Both woman appear enthusiastic to help. The tape is on YOUTUBE. Google it. 

James O’Keefe and Hannah Giles visited one of ACORN’s New York offices in August, where they picked up handy tips on how to lie on housing forms to cover up a prostitution business (”Honesty is not going to get you the house,” one ACORN official advises) and how to hide cash from their illicit business (”When you buy the house with the backyard, you get a tin…and you bury it down in there…cover it…and put the grass over it…”).

Watch the whole thing at Big Government. This is now the third videotaped sting exposing the ACORN racket’s law-undermining, truth-sabotaging counseling sessions.

If the Census Bureau no longer trusts ACORN to collect data as a result of these videotapes, why is Congress still allowing taxpayer money to be funneled to the ACORN Housing Corporation?

AHC has received an estimated $16 million in taxpayer funds between 1997-2007, according to the Employment Policies Institute.

 ACORN is now managing apartments in Bedford-Stuyvesant for the newly completed Atlantic Avenue Apartments.

 

The video footage — which has been edited and goes to black in some areas — was recorded and posted online Thursday by James O’Keefe, a conservative activist. He was joined on the video by another conservative, Hannah Giles, who posed as the prostitute in the filmmakers’ undercover sting.

The video shows the pair approaching two women working at the ACORN Baltimore office and asking them for advice on how to set up a prostitution ring involving more than a dozen underage girls from El Salvador.

One of the ACORN workers suggests that Giles refer to herself as a “performing artist” on tax forms and declare some of the girls as dependents to receive child tax credits.

 

 

 

 

Governor Sarah Palin, in her Wednesday night speech to 40 million Americans said, “I guess a small-town mayor is sort of like a ‘community organizer, except that you have actual responsibilities.” Sarah hit a grand slam with that one.

 

But what exactly were Barack Obama’s actions as of community organizer in Chicago?

 

It’s been hidden from the news that Obama was a member of the Association of Community Organizations for Reform Now, ACORN. Google ACORN and you may be surprised to find that it is a liberal/socialist organization involved in voter fraud. Look up the lawsuits ACORN is involved in.

 

 

Obama’s community organizing involved training grievance-mongers from ACORN.

Last week, Milwaukee’s top election official announced plans to seek criminal investigatioins of 37 ACORN employees accused voter registration fraud on a massive level.

 

Obama’s campaign apologized for failing to report $800,000 in campaign payments to ACORN. They were “accidently” filed with the Federal Election Committee as money sent to “get-out-the-vote” and “advance work.”

 

The New York Post has more quotes today from upset community organizers. Joshua Hoyt, executive director of the Illinois Coalition for Immigrant and Refugee Rights, says: “I don’t like seeing the really hard work that goes on in really poor communities being demeaned by cheap politicians.”

 

Hard work such as signing up non U.S. citizens as Democrats with voter cards.

 

The Arkansas connection
You know Acorn. You know the grassroots organization, now a national power, got its start here, led by Wade Rathke (pictured), who spent the group’s formative years wheeling and dealing in Little Rock before moving to New Orleans. The local affiliate remains a powerful voice for poor people.

Depending on your point of view, you’ll be saddened or gladdened to learn this shocking news:

The New York Times reports today that founder Rathke’s brother embezzled $1 million from the organization eight years ago and the matter was handled internally.He stayed on the payroll until a month ago, when whistleblowers finally forced him out.

Wade Rathke said the organization had signed a restitution agreement with his brother in which his family agreed to repay the amount embezzled in exchange for confidentiality.

Wade Rathke stepped down as Acorn’s chief organizer on June 2, the same day his brother left, but he remains chief organizer for Acorn International L.L.C.

He said the decision to keep the matter secret was not made to protect his brother but because word of the embezzlement would have put a “weapon” into the hands of enemies of Acorn, a liberal group that is a frequent target of conservatives who object to its often strident advocacy on behalf of low- and moderate-income families and workers.

Wade Rathke said he learned of the problem when an employee of Citizens Consulting alerted him about suspicious credit card transactions. An internal investigation uncovered inappropriate charges on the cards that led back to his brother.

“Clearly, this was an uncomfortable, conflicting and humiliating situation as far as my family and I were concerned,” he said, “and so the real decisions on how to handle it had to be made by others.”

If one of the prosperous businesses or public officials Rathke and Acorn have bedeviled and humiliated over the years had offered this alibi for wrongdoing, they would be in Lompoc right now.

Nancy Pelosi Extreme Makeover Working — (Not Her Facelifts) Her Transformation from San Francisco Liberal Progressive to Kindly Grandma, Italian Catholic

By Mick Gregory

Newt Gingrich has exposed the lies of Nancy Pelosi and is calling her actions the worst example of political power and damaging lies he has ever experienced in his lifetime. Watch the new Democrat one-party system ignor Pelosi’s poison and turn it on the few remaining Republicans.

 

 

Recent Pelosi items in the news

Chris Mathews of “Softball” calls Ms. Pelosi “a knockout.” She is amazing looking for a 68-year-old.

Update: Feb. 25, 2009 (Morning after Obama’s first State of the Union address). 

Pelosi’s face- and eye-lifts are amazing, but her biggest makeover is her political image, from a progressive Democrat/socialist, atheist, wealthy resort owner, to a middle of the road, “working class” Catholic.

 

 

Quite a makeover for newly sworn House Speaker Nancy Pelosi, as her national image morphed from leader of the San Francisco liberal elite to Italian Catholic mom from Baltimore.

There was her photo-op return to the Little Italy neighborhood where she grew up as Nancy D’Alesandro, the mayor’s daughter. There was the visit to St. Leo the Great Catholic Church, where they still recite Mass in Italian several times a year.

“It’s clear Republicans are reeling today based on her outreach to Italian Catholics who, as we know, have deserted the Democratic Party in the Midwest in droves,” said San Francisco power attorney Joe Cotchett, who was among those attending the Pelosi swearing in.

While the marathon events in the nation’s capital might have resembled a coronation, those most familiar with how Washington works said Pelosi’s time in the spotlight amounted to well-calculated politics that could help her move her agenda in her first 100 days.

“A lot of people don’t know much about her, so this is a chance to fill in her profile and biography so she doesn’t just become the San Francisco liberal,” said San Francisco consultant Chris Lehane, a veteran of the Clinton-Gore White House. “This is the one time when the press will be focusing on it.”

And it may be working.

According to the results of a Rasmussen Reports national phone survey of 800 likely voters, released Friday, Pelosi’s approval rating has jumped to 43 percent — up 19 points from November.

On the other hand, the same poll also found 39 percent of those surveyed still give Pelosi the thumbs-down.

Showing off: In politics as in movies, staging is all-important to Gov. Arnold Schwarzenegger — and his inaugural was no exception.

Produced by Schwarzenegger family friend Carl Bendix, who has done the Academy Awards Governors Ball and other Hollywood events, and emceed by former San Francisco Mayor Willie Brown, the Friday affair was Hollywood through and through — including a last-minute prop to help the gimpy governor.

–Matier & Ross, SF Chronicle

Keep a score card on the liberal mainstream media. Make note that there is never a word about:

Nancy Pelosi’s age.
The age of her children — in photo-ops it is Pelosi and her youngest, prettiest grand children
Her resort, Napa Valley vineyards, and high-end restaurants and use of non-union and illegal immigrant labor.
Her total support of partial birth abortion.
How she gained the votes from Democrats for first, minority leader and now majority leader.

Notice how the San Francisco reporters go with the spin, calling her a “mom” and not mentioning any of these items.

That’s why citizen journalists are filling the void.

New York Times burried Obama ACORN major donor story before the election

‘New York Times’ Spiked Obama Donor Story

The New York Times building is shown in New York on June 2008. The Times pulled a story about Barack Obama’s campaign ties to ACORN. (Frank Franklin II/Associated Press)

Congressional Testimony: ‘Game-Changer’ Article Would Have Connected Campaign With ACORN

Constitutional crisis.

This story was published in the Philadelphia Bulletin. Did you see this in your local favorite newspaper?

By Michael P. Tremoglie, The Bulletin

Monday, March 30, 2009

 

A lawyer involved with legal action against Association of Community Organizations for Reform Now (ACORN) told a House Judiciary subcommittee on March 19 The New York Times had killed a story in October that would have shown a close link between ACORN, Project Vote and the Obama campaign because it would have been a “a game changer.” 

Heather Heidelbaugh, who represented the Pennsylvania Republican State Committee in the lawsuit against the group, recounted for the ommittee what she had been told by a former ACORN worker who had worked in the group’s Washington, D.C. office. The former worker, Anita Moncrief, told Ms. Heidelbaugh last October, during the state committee’s litigation against ACORN, she had been a “confidential informant for several months to The New York Times reporter, Stephanie Strom.”

Ms. Moncrief had been providing Ms. Strom with information about ACORN’s election activities. Ms. Strom had written several stories based on information Ms. Moncrief had given her.

During her testimony, Ms. Heidelbaugh said Ms. Moncrief had told her The New York Times articles stopped when she revealed that the Obama presidential campaign had sent its maxed-out donor list to ACORN’s Washington, D.C. office.

Ms. Moncrief told Ms. Heidelbaugh the campaign had asked her and her boss to “reach out to the maxed-out donors and solicit donations from them for Get Out the Vote efforts to be run by ACORN.”

Ms. Heidelbaugh then told the congressional panel:

“Upon learning this information and receiving the list of donors from the Obama campaign, Ms. Strom reported to Ms. Moncrief that her editors at The New York Times wanted her to kill the story because, and I quote, “it was a game changer.”’

Ms. Moncrief made her first overture to Ms. Heidelbaugh after The New York Times allegedly spiked the story — on Oct. 21, 2008. Last fall, she testified under oath about what she had learned about ACORN from her years in its Washington, D.C. office. Although she was present at the congressional hearing, she did not testify.

U.S. Rep. James Sensenbrenner, R-Wisc., the ranking Republican on the committee, said the interactions between the Obama campaign and ACORN, as described by Ms. Moncrief, and attested to before the committee by Ms. Heidelbaugh, could possibly violate federal election law, and “ACORN has a pattern of getting in trouble for violating federal election laws.”  

He also voiced criticism of The New York Times.

“If true, The New York Times is showing once again that it is a not an impartial observer of the political scene,” he said. “If they want to be a mouthpiece for the Democratic Party, they should put Barack Obama approves of this in their newspaper.”

Academicians and journalism experts expressed similar criticism of the Times.

When newspapers start reporting the news, and both sides to an issue, letting us make up my own mind, rather than having it influenced by the unionist/socialist agenda, we will start reading again…until then, God save the Internet.

Newspaper editors purged MBAs from management years ago

Newspapers have not been blessed with the best and the brightest managers. Why? The executive editors sabotage real management and have purged MBAs from their ranks. Kill off the competition.

This is from the WSJ Deal Journal column, a Q&A with Mr. Knee, a highly respected  investment consultant

DJ: What would be your advice to newspaper owners?
Knee: You have seen people outsource everything from printing to editorial and indeed, any kind of journalism where your scale in the local community does not provide you with an advantage should be gotten elsewhere. If you find out how many people the large papers sent to the national conventions, you would wonder whether that’s economically justified. You have to focus on your competitive advantage, which is local. When the smoke clears, the local newspaper, which may not be the sexiest part of the newspaper industry but is overwhelmingly the largest and most profitable part of the industry, will be a smaller and more-focused enterprise whose activities will be directed to those areas where their local presence gives them competitive advantage and they will continue to generate as a result better profits than the supersexy businesses in the media industry asking for government or nonprofit help like movies and music.

The newspaper industry has not been blessed with the best managers, and generations of monopoly profits do dull the senses. On the journalism side, I think many managers would rather have avoided a fight with journalists than actually force them to think harder about what their readers want, rather than what they want their readers to want. In the economic environment we’re in, newspapers can’t afford to do every six-part investigative series they could have done before.

Meanwhile, the rank and file newspaper reporters who were busy covering their beats, don’t make much compared to the executive editors. 

Moma don’t let you’re kids grow up to be newspaper reporters. Have them study business, engineering, law or sales, even bar tending would earn them a better living. The executive editors who scratched their way to the top make big bucks for a while, until the host dies from bad management anyway. 

Ever wonder what kind of money the nation’s top newspapers pay their best journalsits? The top rung of the latter is set by the Newspaper Guild. Once you’ve lasted five or six years after about four years at a small daily and tuition of at least $20,000 a year at a respected J-school, this is it.

New York Times pays the most, $1,675.28 a week after two years. But that’s where it stays fixed until the next Guild negotiations. Of course, New York City has the highest cost of living expenses in the U.S.

Reuters pays $1,587.93 a week after six years.

The San Francisco Chronicle pays $1202.24 a week for six years of journalist experience. I know that is top for the Guild scale, but many of the hard workers, who put in more than 38 hours a week get additional pay above scale.

Consumer Reports takes the No. 1 position with $1,80410 a week scale after four years of experience. The union-biased “non-profit” magazine pays more that the New York Times or San Francisco Chronicle for their pro-union advertorial reports on products.

Can new online newspapers chage for its content? Jeff Jarvis of the LA Times says “No!” And he explains himself very well:

How’s that for a direct answer? Every rule has its exceptions — this one only a few: The Wall Street Journal (paid by expense accounts), Consumer Reports (which serves reviews, not news), iTunes (we may play a unique performance over and over, but I don’t read even my articles more than once) and porn (which is suffering the same problem newspapers are thanks to free competition from, uh, amateurs). But the rule of the new, post-scarcity economy is clear: Charging for news online is dangerous folly. Why? Let me count the reasons if not the dollars:

Once news is known, that knowledge is a commodity and it doesn’t matter who first reported it. There’s no fencing off information, especially today, when the conversation that spreads it moves at the speed of links.

There will be no limit to competitors. Readers, like water, will follow the path of least inconvenience. It’s impossible to compete against free. Have papers learned nothing from Craigslist?

In the old-content economy, one could make much money selling many copies of a product. In today’s link economy online, we need only one copy, and it is the links to it that give it value. So rather than complaining that Google should pay them for aggregating their headlines, news organizations should be grateful that Google does not charge for the links it gives and the readers it sends. Indeed, we should be spending our effort figuring out how to get more links to original reporting to support it.

Putting your content behind a wall cuts it off from the conversation and robs it of influence. Just ask New York Times columnists how much they disliked the pay wall the paper finally demolished.

Not all newspapers are going bankrupt. Many, in small monopoly markets are among the most profitable businesses in America with profit margins much higher than oil companies, Apple, EBay, Cisco, Sprint, AT&T, Google or Microsoft.  Gannett has the lion’s share of these markets. And also the highest ratio of MBAs in the media business. 

Sleepless in Seattle — The Post-Intelligencer shuts down — lives online

Last week: The Seattle Post-Intelligencer has told employees they “might” lose their jobs as soon as next week after a deadline for Hearst Corp to sell the newspaper passed last Monday. 

The news is out, the  146-year-old Seattle Post-Intelligencer prints its last edition tomorrow.

The P-I will continue to “live” on the Internet with a much smaller staff.

I like it. It’s a mix of current and archival. Mikey likes it!

http://www.seattlepi.com 

Owner, the Hearst Corp. reports it has failed to find a buyer for the newspaper, which it put up for sale in January after nine years of financial losses. There are no more suckers left with enough trust fund money to waste.

The end of the print edition leaves The Seattle Times as the only major daily newspaper in the city. 

The TV stations will be there tonight and tomorrow capturing the historic day.

Seattle has been counting TV, and now the internet as their favorite news sources. Do you think people will wait for the Seattle Times to find out?

 

 

Last week:

Read between the lines: Boxes for removing personal items and shredding bins are scheduled to be delivered to the PI floors this week.

Clues suggest Hearst plans to close the P-I shortly

Seattle Post-Intelligencer reports on its own demise

Just after Hearst spokesman Paul Luthringer claimed that “we are still evaluating our options,” Post-Intelligencer staffers learned that boxes and bins are scheduled to be delivered to the newsroom later this week — some for materials to be taken home, others for notes that require shredding. “It would be nice to have some clarity,” says business reporter Joseph Tartakoff. “It’s really hard to plan your work when you’re not sure if you’ll be around the next day.”

The New York Times sold off the majority of its new sky scraper in New York and has a long-term rent agreement. The company no longer owns the roof over its head.

Next, McClatchy announced massive layoffs, and Hearst’s Seattle PI is about to turn into a shadow, online only edition. Meanwhile, back at Hearst’s figurative flagship, the San Francisco Chronicle, the Media Guild has accepted big cuts just to keep most jobs. The Denver Rocky Mountain News shut down a week or so ago. 

McClatchy Co. is shearing another 1,600 jobs in a cost-cutting spree that has clipped nearly one-third of the newspaper publisher’s work force in less than a year.

The latest reduction in payroll announced Monday follows through on the Sacramento-based company’s previously disclosed plans to lower its expenses by as much as $110 million over the next year as its revenue evaporates amid a devastating recession.

The layoffs will start before April. No fooling.

 Several of McClatchy’s 30 daily newspapers, including The Sacramento Bee and The Kansas City Star, already have decided how many workers will be shown the door. Close to 2,000. 

 

Only 33% would miss their local paper if it folded

Pew Research report
Just 43 percent  of Americans say that losing their local newspaper would hurt civic life in their community “a lot,” according to a Pew Research poll. And even fewer, only 33 percent say they will miss their local newspaper if it folds.

Back to the West Coast

Negotiators for the Guild and the San Francisco Chronicle reached a tentative agreement Monday night changes to the collective bargaining agreement in line with cost cuts planned by Hearst. 

The agreement will require approval by Chronicle Unit Guild members. (They will approve or lose their jobs wholesale). 

A ratification meeting will be scheduled as early as Thursday of this week. Time and place will be announced on Tuesday as soon as a large enough facility can be secured.

In view of the latest terms agreed today, the Guild Negotiating Committee recommends membership approval.

The terms reached late Monday include expanded management ability to lay off employees without regard to seniority. All employees who are discharged in a layoff or who accept voluntary buyouts are guaranteed two weeks’ pay per year of service up to a maximum of one year, plus company-paid health care for the severance term, even in the event of a shutdown – which today’s agreement is designed to avoid.

Guild membership will remain a condition of continued employment for all employees. However, new hires in certain advertising sales positions will be given the option of membership, even though they will retain Guild protection under the contract.

On-callers will be limited to no more than 10 percent in any classification or department.

Pension changes are not part of this agreement, but are being discussed by pension authorities and must be implemented under terms of the Pension Protection Act, due to the recent declines in investment markets. Because those changes may affect the decisions of many members concerning buyouts, we are attempting to reach some key understandings now as to the nature of the changes and when they will take effect.

A lunch-hour meeting on Wednesday March 11, with our pension plan’s lawyer will be held at the Guild Office, 433 Natoma, Third Floor Conference Room.

A bulletin summarizing all the proposed contract changes will be issued Tuesday. A set of the complete proposed amendments will be available on the Guild’s Web site (mediaworkers.org) as soon as possible.

Management is seeking to change the union contract as part of an attempt to cut costs and keep the paper operating under the ownership of the Hearst Corp.

The company said Feb. 24 it would sell or close the paper unless the Guild agreed to changes in the labor agreement in effect through June 2010.

The leaders in the former cash cow industry thought they could just transform to their pages of expensive advertising to Web pages. Sorry. The Web is very competitive and readers will not put up with page after page of ads to follow the news. 

McClatchy is down for the count. The stock is hovering below $1 and will soon be kicked out of the New York Stock Exchange. 

The The Sun of Myrtle Beach and the  Macon Telegraph — McClatchy papers, announced last week that they were outsourcing printing, they joined what one experts are calling the last stage of the dying industry.

Chuck Moozakis, editor-in-chief of Newspapers & Technology, found in a December survey piece that the flight from printing includes mid-sized papers like the two last week, small papers, but also very big ones like the San Francisco Chronicle. Dow Jones has already closed plants in Denver and Chicago and could shutter 10 of the 17 around the country that have printed The Wall Street Journal.

 

“There is a lot of iron sitting out there now,” Moozkis reported.  

“What’s more sobering is the amount of press capacity now available within operations with relatively new presses” like Detroit and Denver. Losing the Rocky Mountain News press run — when it closes (not if) — won’t help, and some of the same impact will come as the two Detroit papers have reduced distribution of a smaller print product most weekdays.

 

 The carbon footprint of newspapers is enormous. At least the unemployed “progressives” can be happy that they are no longer contributing to the worst global warming industry on the planet. 

Rocky Mountain News publishes final edition Friday

Poynteronline.org holds a podcast/blog later today on “Is it time to exit newspaper journalism?” What do you think they will say? 

Here is the final edition. It has a sad, final edition look to it. http://eatthedarkness.wordpress.com/2009/02/27/rip-rocky/

 

  

Joe Mahoney © The Rocky

Executives from  Scripps, announce their decision on the future of the Rocky Mountain News in the 150-year-old newspaper’s newsroom on 2/26/09 in Denver. In December 2008, the Rocky’s parent company put the paper up for sale, citing multi-million dollar annual losses. No offers were made. Nobody was that slow on the uptake on the future of newspapers.

  

 

 

  

Photo by Darin McGregor © The Rocky

A man stops to read the ticker on the outside of the Denver Newspaper Agency building announcing that the Rocky Mountain News is closing and that it will publish its last edition on Friday. Photograph taken in Denver Thurs. Feb 26, 2009.

  

Photo by Joe Mahoney © The Rocky

 

  

Photo by Joe Mahoney © The Rocky

Executives from E.W. Scripps Co., announce their decision on the future of the Rocky Mountain News in the 150-year-old newspaper’s newsroom on 2/26/09 in Denver. In December 2008, the Rocky’s parent company put the paper up for sale, citing multi-million dollar annual losses.

Share Your Thoughts

What do you think about Scripps’ decision to close the Rocky? We want to hear your thoughts. You can talk live with Mark Wolf by clicking here, or send a letter to the editor at letters@rockymountainnews.com

• BLOG: Official announcement at Rocky
• VIDEO: Scripps announces closure of Rocky Mountain News
• SLIDE SHOW: Rocky staff members get news of closure
• NEWS CONFERENCE: Recession forced closure, Boehne says

The Rocky Mountain News publishes its last paper today (Friday).

Rich Boehne, chief executive officer of Rocky-owner Scripps, broke the news to the staff at noon today, ending nearly three months of speculation over the paper’s future.

“People are in grief,” Editor John Temple said a noon news conference.

But he was intent on making sure the Rocky’s final edition, which would include a 52-page wraparound section, was as special as the paper itself.

“This is our last shot at this,” Temple said at a second afternoon gathering at the newsroom. “This morning (someone) said it’s like playing music at your own funeral. It’s an opportunity to make really sweet sounds or blow it. I’d like to go out really proud.”

Boehne told staffers that the Rocky was the victim of a terrible economy and an upheaval in the newspaper industry.

“Denver can’t support two newspapers any longer,” Boehne told staffers, some of whom cried at the news. “It’s certainly not good news for you, and it’s certainly not good news for Denver.”

Tensions were higher at the second staff meeting, held to update additional employees who couldn¹t attend the hastily called noon press conference.

Several employees wanted to know about severance packages, or even if they could buy at discount their computers.

Others were critical of Scripps for not seeking wage concessions first or going online only.

But Mark Contreras, vice president of newspapers for Scripps, said the math simply didn’t work.

“If you cut both newsrooms in half, fired half the people in each newsroom, you’d be down to where other market newsrooms are today. And they’re struggling,” he said.

As for online revenues, he said if they were to grow 40 percent a year for the next five years, they still would be equal to the cost of one newsroom today.

“We’re sick that we’re here,” Contreras said. “We want you to know it’s not your fault. There’s no paper in Scripps that we hold dearer.”

But Boehne said Scripps intended to keep its other media, both print and in broadcast, running.

“Scripps has been around for 130 years. We intend to be around another 130 years,” Boehne said. “If you can’t make hard decisions, you won’t make it.”

After Friday, the Denver Post will be the only newspaper in town.

Asked if pubilsher Dean Singleton now walks away with the whole pie, Boehne was blunt.

“He walks away with an unprofitable paper, $130 million in debt and revenues that are down 15-20 percent every year,” Boehne said.

Asked if Singleton would have to pay for the presses now, Boehne added, “We had to kill a newspaper. He can pay for the presses.”

Reaction came from across the nation and around the block.

“The Rocky Mountain News has chronicled the storied, and at times tumultuous, history of Colorado for nearly 150 years. I am deeply saddened by this news, and my heart goes out to all the talented men and women at the Rocky,” U.S. Sen. Michael Bennet said in a statement. “I am grateful for their hard work and dedication to not only their profession, but the people of Colorado as well.”

At the Statehouse, Rep. Joe Rice (D-Littleton), said the paper would be missed.

“The Rocky Mountain News has been a valued institution in Denver,” he said.

“It’s a sad, sad day.”

Long-time Denver real estate agent Edie Marks called the Rocky a voice of reason, moderation and common sense.

“I think that it was the fairest newspaper, the most diverse, and am important part of my daily life,” she said. “I’m going to miss it tremendously.”

On Dec. 4, Boehne announced that Scripps was looking for a buyer for the Rocky and its 50 percent interest in the Denver Newspaper Agency, the company that handles business matters for the papers. The move came because of financial losses in Denver, including $16 million in 2008.

“This moment is nothing like any experience any of us have had,” Boehne said. “The industry is in serious, serious trouble.”

Didn’t Obama sign the trillion dollar stimulous bill in Denver? What did that do for the Rocky? 

Chronicle’s chronic losses lead to major cuts at the Bay Area’s largest newspaper — papers coast-to-coast cutting staff

The San Francisco Chronicle ready for some major “right sizing.”

After some more streamlining in addition to a new printing process off site, the largest newspaper in Northern California should begin to be profitable again.  

In a posted statement, Hearst said if the savings cannot be accomplished “quickly” the company will seek a buyer, and if none comes forward, it will close the Chronicle. The Chronicle lost more than $50 million in 2008 and is on a pace to lose more than that this year, Hearst said.

Frank J. Vega, chairman and publisher of the Chronicle, said, “It’s just a fact of life that we need to live within our means as a newspaper – and we have not for years.”

Vega said plans remain on track for the June 29 transition to new presses owned and operated by Canadian-based Transcontinental Inc., which will give the Chronicle industry-leading color reproduction. That move will save a few million annually due to the reduction of highly paid pressmen.

If the reductions can be accomplished, Vega said, “We are optimistic that we can emerge from this tough cycle with a healthy and vibrant Chronicle.”

The company did not specify the size of the staff reductions or the nature of the other cost-savings measures it has in mind. The company said it will immediately seek discussions with the Northern California Media Workers Guild, Local 39521, and the International Brotherhood of Teamsters, Local 853, which represent the majority of workers at the Chronicle.

“Because of the sea change newspapers everywhere are undergoing and these dire economic times, it is essential that our management and the local union leadership work together to implement the changes necessary to bring the cost of producing the Chronicle into line with available revenue,” Frank A. Bennack, Jr., Hearst vice chairman and chief executive, and Steven R. Swartz, president of Hearst Newspapers, said in a joint statement.

From the Newsosaur:

SF Chron cost-cut target equals 47% of staff

If the San Francisco Chronicle had to slash enough payroll to offset the more than $50 million operating loss threatening its future, nearly half of its 1,500 employees would be dismissed.

That’s the magnitude of the challenge facing the managers and union representatives who were tasked today by Hearst Corp. to find a way to cut the paper’s mushrooming deficit – or else.

After losing more than $1 billion without seeing a dime of profit since purchasing the paper in 2000, the Hearst Corp. today threatened to sell or close the Chronicle if sufficient savings were not identified to staunch operating losses surpassing $1 million a week. Without significant cost reductions, the losses would accelerate this year as a result of the ailing economy, said Michael Keith, a spokesman for the paper.

To wipe out a $50 million loss, let alone make a profit, the paper would have to eliminate 47% of its entire staff

Meanwhile, on the East Coast:

The latest Hartford Courant (former Times-Mirror newspaper) layoffs were announced last night – political reporter Mark Pazniokas is among those cut from the newspaper. We’ve been told these names as well – please correct us if we have anything wrong: Jesse Hamilton of the Washington bureau,  Religion Reporter Elizabeth Hamilton, Business Reporter Robin Stansbury, Environment Reporter David Funkhouser, reporters  Steve Grant and Anna Marie Somma, sportswriter Matt Eagan,  itowns editor Loretta Waldman, itowns reporter Nancy Lastrina, administrative assistant Judy Prato, Marge Ruschau, Features copy editors Adele Angle and David Wakefield, and library staffer & researcher Owen Walker.

We’re told that editor/reporter Kate Farrish resigned earlier this week as did editor John Ferraro.

Denis Horgan is calling it the Mardi Gras Massacre.

Paul Bass has more in the New Haven Independent.

Now, back to Texas:

Memo from San Antonio Express-News’ editor

From: Rivard, Robert
Sent: Wednesday, February 25, 2009 10:44 AM
To: SAEN Editorial
Subject: We are canceling this morning’s news meeting for obvious reasons.

Colleagues:

By now you have read Tom Stephenson’s message to all employees. Every division of the Express-News will be affected, including every department in the newsroom. Incremental staff and budget cuts, we are sorry to say, have proven inadequate amid changing social and market forces now compounded by this deepening recession.

It is not lost on us as journalists in this difficult moment that we have built an audience of readers, in print and online, that is larger and more diverse than at any time in our century and half of publishing. We have done that at the Express-News through a commitment to excellence and public service. Now we must find ways to maintain these high levels of journalistic distinction even as valued colleagues depart. It is an unfortunate but undeniable fact that declining advertising revenues are insufficient to support our operations at current levels. At the same time, more and more people have become accustomed to reading us at no cost on the Internet. As a result, we are reducing the newsroom staff by some 75 positions, counting layoffs and open positions we are eliminating.

As a first step to securing our future and continuing to serve the community, we are undergoing a fundamental and painful restructuring of the newsroom staff. We will have fewer departments and fewer managers, and yes, fewer of every class of journalist. After we reorganize and consolidate additional operations with the Houston Chronicle, we will then turn to finding new ways to create and present the journalism we know is vital to the city and the region. There is every indication the community we serve recognizes our importance and wants the Express-News to succeed.

The newsroom leadership team will begin now to meet with individuals whose jobs are being eliminated. Brett Thacker and I are working with these editors to carry out such notifications as swiftly and humanely as possible. No one is being asked to leave the Express-News today unless you so choose. March 20 will be the final day for those whose jobs are being cut, at which time they will then receive involuntary separation packages that include two weeks’ pay for each year of service up to one year’s pay, along with other benefits. Some production journalists involved in the consolidation project with the Houston Chronicle will be asked to stay on until that project is completed in the coming months. Those who do stay until the completion will receive their separation packages at that time.

We have worked to preserve the size and depth of our newsroom in every imaginable way these past months and years, but events beyond our control have overwhelmed those efforts. Newsrooms become like families, but companies in every industry reach a point where they face fundamental, sometimes harsh change in order to preserve their viability. We are at that point. Most of you read yesterday’s news regarding the San Francisco Chronicle and recently became aware of pending staff cuts at the Houston Chronicle. Our intention is to get through these difficult days and work to remain an indispensible source of news and information through the recession and beyond.

Hearst purchased the Chronicle in 2000, but soon afterward felt the impact of an economic downturn in the dot.com sector as well as the loss of classified advertising to Craigslist and other online sites. The problems have been exacerbated by the current recession.

In the news release, the privately-held, New York-based company said that the Chronicle has had “major losses” since 2001.

Back on the West Coast, there is no safe haven.

Sacramento Guild bracing for job cuts

Woe is us, McClatchy warns

Media Workers Guild – 12 Feb 2009

Sacramento Bee employees should expect a serious wave of layoffs in early March, as well as other cost-cutting measures now being considered, including wage cuts and mandatory furloughs as McClatchy Newspapers’ financial crisis worsens, company representatives told the Guild’s bargaining committee in a 90-minute session Thursday.

Mercury Bargaining Bulletin 9

Mercury News wants $1.5 million cut from wages and benefits

 

California Media Workers Guild – 10 Feb 2009

Mercury News negotiators said Tuesday they need to find $1.5 million by cutting wages and benefits paid to Guild members annually in the face of the economic woes facing the company. The company’s announcement came at a bargaining session Tuesday that kicked off an effort by management and the Guild to expedite the process of reaching a new contract to replace the one that expired October 31.

“Given the losses the Chronicle continues to sustain, the time to implement these changes cannot be long. These changes are designed to give the Chronicle the best possible chance to survive this economic downturn and continue to serve the people of the Bay Area with distinction, as it has since 1865,” Bennack and Swartz said in their statement.

“Survival is the outcome we all want to achieve,” they added. “But without specific changes we are seeking across the entire Chronicle organization, we will have no choice but to quickly seek a buyer for the Chronicle, and, should a buyer not be found, to shut down the newspaper.”

The Hearst statement further said that cost reductions are part of a broader effort to restore the Chronicle to financial health. At the beginning of the year, the Chronicle raised its prices for home delivery and single-copy purchases.

Hearst owns 15 other newspapers including the Houston Chronicle, San Antonio News-Express and the Albany Times-Union in New York . Hearst announced Jan. 9 that in March that if a buyer is not found it will close Seattle Post-Intelligencer, which has lost money since 2000.

Vega said readers and advertisers will see no difference in the Chronicle during the discussions with the unions.

“Even with the reduction in workforce, our goal will be to retain our essential and well-read content,” Vega said. “We will continue to produce the very best newspaper for our readers and preserve one of San Francisco ‘s oldest and most important institutions.”

The Chronicle, the Bay Area’s largest and oldest newspaper, is read by more than 1.6 million people weekly. It also operates SFGate, among the nation’s 10 largest news Web sites. SFGate depends on the Chronicle’s print news staff for much its content.

The San Francisco Bay Area is home to 21 daily newspapers covering an 11-county area.

The Chronicle’s news staff of about 275, even after a series of reductions in recent years, is the largest of any newspaper in the Bay Area.

“While the reductions are an unfortunate sign of the times, the news staff has always been resilient in San Francisco ,” said Ward Bushee, editor and executive vice president. “We remain fully dedicated toward serving our readers with an outstanding newspaper. We are playing to win.”

The area’s other leading newspapers – the Bay Area Media News Group that includes the San Jose Mercury News, Contra Costa Times and Oakland Tribune – also have seen revenues decline sharply and cut staff.

These problems are a reflection of those faced by newspapers across America as they experience fundamental changes in their business model brought on by rapid growth in readership on free internet sites, a decline in paid circulation, the erosion of advertising and rising costs.

Advertising traditionally has offset the cost of producing and delivering a newspaper, which allowed publishers to charge readers substantially less than the actual cost of doing business. The loss of advertising has undermined that pricing model.

In the case of the Chronicle, Vega said the expense of producing and delivering the newspaper to a seven-day subscriber is more than double the $7.75 weekly cost to subscribe.

At the beginning of the year, in an effort to evolve its business model and offset its substantial losses, the Chronicle raised its subscription and newsstand prices, taking a cue from European papers that charge far more than their American counterparts.

“We know that people in this community care deeply about the Chronicle,” Vega said. “In today’s world, the Chronicle is still very inexpensive. This is a critical time and we deeply hope our readers will stick with us.”

The challenge the Chronicle faces, Vega said, is to bring its revenues from advertising and circulation into balance with its expenses so that the newspaper can at least break even financially.

“We are asking our unions to work with us as partners in making these difficult cost-cutting decisions and reduction in force to ensure the newspaper survives,” Vega said.

Michael Savage will have some candid comments on the layoffs. What about the content of the Chronicle’s “news?”

The union reps “negotiate” their fate:

Cost-Cutting Talks Begin – 

Guild leaders met with representatives from The Chronicle and Hearst Corp. this morning to discuss the company’s cost-cutting proposal.

We opened the meeting by underscoring our commitment to our membership and the community to do all we can to reach an agreement that will keep The Chronicle open and return it to profitability.

The company seeks a combination of wide-ranging contractual concessions in addition to layoffs, the exact number of which the company said it did not yet have. For Guild-covered positions, the company did say the job cuts would at least number 50. Other proposals include removal of some advertising sales people from Guild coverage and protection, the right to outsource — specifically mentioning Ad Production — voluntary buyouts, layoffs and wage freezes. 

We plan to closely analyze this proposal over the next few days and explore every possible alternative. Meetings will be held to discuss details with members of the bargaining unit. An informational membership meeting will be held from 5-7 p.m.tonight (Tuesday Feb. 25) at the Guild office, 3rd floor conference room.

Management reiterated its commitment to keeping The Chronicle open and to working with the Guild to secure a viable future. Despite the difficult economic environment, we are confident that by working together we can find solutions to any problems that confront us.

If you have any questions or suggestions, contact your shop steward or e-mail Unit Chair Michelle Devera, Local President Mike Cabanatuan or Unit Secretary Alissa Van Cleave.

In solidarity,

Michelle Devera, Chronicle Unit chair, michelleatsfchronunit@gmail.com
Michael Cabanatuan, Local President, ctuan@aol.com
Alissa Van Cleave, Chronicle Unit secretary, vancelave44@hotmail.com
Wally Greenwell, Chronicle Unit vice chair
Gloria La Riva, president, Typographical Sector
Carl Hall, Local Representative

McClatchy about to be kicked off the New York Stock Exchange as stock falls below $1 dollar.

The elegant McClatchy stock certificates for Class A stock are worth more than the stock itself. *

 

This report is directly from a McClatchy press release. The McClatchy Company today (Feb. 5) reported a net loss from continuing operations in the fourth quarter of 2008 of $20.4 million, or 25 cents per share.

McClatchy also announced that it was notified by the New York Stock Exchange  that it is not in compliance with the NYSE’s continued listing standards. The NYSE’s notice dated February 4, 2009 indicated that on February 2, 2009, the company’s average share price over the previous 30 trading days was $0.98, which is below the NYSE’s quantitative listing standards.

The NYSE listed companies must maintain an average closing price of any listed security above $1 per share for any consecutive thirty trading-day period. McClatchy plans to notify the NYSE of its intent to cure this deficiency and has six months from the date of the NYSE notice to cure the non-compliance. The company’s Class A common stock will continue to be listed on the NYSE during this interim period, subject to compliance with other NYSE listing requirements and the NYSE’s right to reevaluate continued listing standards. In reality, the stock is now considered a “penny stock” and things had better shape up in the next six months. 

There was no report on what McClatchy was doing about its carbon footprint and efforts to slow climate change. 

Revenues in the fourth quarter of 2008 were $470.9 million, down 17.9% from revenues from continuing operations of $573.4 million in the fourth quarter of 2007. Advertising revenues were $388.3 million, down 20.7% from 2007, and circulation revenues were $67.0 million, up 1.4%. Online advertising revenues grew 10.3% in the fourth quarter of 2008 and were 10.9% of total advertising revenues compared to 7.8% of total advertising revenues in the fourth quarter of 2007.

Using cash from operations and proceeds from asset sales, the company repaid $30 million of debt in the quarter and $433 million for all of 2008. Debt at the end of the fiscal year was $2.038 billion, down from $2.471 billion at the end of 2007.

Restructuring plan to calm banks and other investors

McClatchy noted in a press release that the duration and depth of the economic recession have taken a severe toll on its advertising revenues. Given the unprecedented deterioration in revenues and with no visibility of an improving economy, the company is continuing to reduce expenses. McClatchy announced that it is developing a plan to reduce costs by an additional $100 million to $110 million, or approximately seven percent of 2008 cash expenses, over the next 12 months beginning later in the first quarter of 2009.

Details of the plan have not yet been finalized. In addition, the company will freeze its pension plans and temporarily suspend the company match to its 401(k) plans, effective March 31, 2009. The company will extend a salary freeze for senior executives in 2009 that was implemented in 2007. The company previously announced that it had implemented a company-wide salary freeze from September 2008 through September 2009. Gary Pruitt, McClatchy’s chairman and chief executive officer, also has declined any bonus for 2008 and 2009. In addition, other senior executives will not receive bonuses for 2008.

 

The loss from continuing operations for the entire year of 2007 was $2.73 billion, or $33.26 per share, including the effect of the non-cash impairment charges taken in 2007. Adjusted earnings from continuing operations(1) were $110.9 million, or $1.35 per share, in fiscal 2007 after considering the non-cash impairment charges and adjustments for certain discrete tax items. The company’s total net loss, including the results of discontinued operations, was $2.74 billion, or $33.37 per share.

 

Management’s Comments

Commenting on McClatchy’s results, Pruitt said, “2008 was a difficult and disappointing year. We faced troubled economic times and structural changes in our business.

 

“But the economy remains mired in recession and our industry is still in a period of transition. The advertising environment continues to be weak and we expect print advertising revenues to continue to be down. While we do not have final advertising revenue results for January, we know that the month was slower than the fourth quarter. We don’t have any better sense than other market observers as to how long the current recession will last and we do not yet have visibility of revenue trends.

“We must respond with both continued rigor in driving our revenue results as well as permanently reducing our cost structure. At McClatchy we are quickly becoming a hybrid print and online news and information company.

“Evidence of our cost reduction efforts can be found in our results. Excluding severance and other benefit charges related to our previously announced restructuring plans, cash expenses were down 14.4% in the fourth quarter and were down 11.5% in all of 2008.

“This necessary transition to a more efficient company is especially painful in a horrible economy and we have had to make some very difficult decisions to keep the company safe,” Pruitt said. “Even so, we are determined to treat our employees well and secure their retirement as best we can. So while we have announced that we are freezing our pension plans and will temporarily suspend 401(k) matching contributions as of March 31, we will continue to offer competitive benefits for our employees. We expect to offer a new 401(k) plan later this year that will include both a matching contribution (once reinstated), plus a supplemental contribution that is tied to cash flow performance. I recognize the sacrifices our employees are making to help us get though this difficult time and I appreciate their loyalty to McClatchy. I am confident that the McClatchy team is up to this challenge and we will see brighter days when the economy finally turns.”

Pat Talamantes, McClatchy’s chief financial officer, said, “Our new cost initiatives, combined with our 2008 efforts, are designed to save approximately $300 million annually before severance costs. Approximately $60 million of savings has been realized in 2008, and $44.7 million of severance costs associated with these programs has been expensed in 2008 and largely paid.”

“Despite the downturn in advertising revenues, we still continue to generate significant cash and are using it to repay debt,” Talamantes said. “Our debt at year end is $2.038 billion, down $433 million from the end of 2007. Based on our trailing 12 months of cash flow, our leverage ratio is currently 5.1 times cash flow and our interest coverage ratio is 2.8 times cash flow as defined by our bank agreement — well within the allowable covenant thresholds. We have $159 million in availability under our bank credit lines, and have no significant debt maturities until June 2011. We believe that we can work through this difficult environment, and we expect to make further progress in paying down debt in 2009.”

Other Matters

McClatchy also announced that it was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with the NYSE’s continued listing standards. The NYSE’s notice dated February 4, 2009 indicated that on February 2, 2009, the company’s average share price over the previous 30 trading days was $0.98, which is below the NYSE’s quantitative listing standards. Such standards require NYSE listed companies to maintain an average closing price of any listed security above $1.00 per share for any consecutive thirty trading-day period. McClatchy plans to notify the NYSE of its intent to cure this deficiency and has six months from the date of the NYSE notice to cure the non-compliance. The company’s Class A common stock will continue to be listed on the NYSE during this interim period, subject to compliance with other NYSE listing requirements and the NYSE’s right to reevaluate continued listing standards.

Consistent with the growing industry practice, McClatchy will discontinue issuing monthly revenue and statistical reports after this release. McClatchy is among the last newspaper companies to report advertising results monthly, and without comparable industry information, management does not believe monthly revenues are as useful to investors. The company will continue to provide revenue trends and other statistical information on a quarterly basis with its earnings releases.

*Class B stock is the stock held by the family, so that has voting rights and much more value when the assets are finally sold. It’s the same model used by the New York Times.

The real Nancy Pelosi — multi-millionaire, resort, dining and winery baroness who profits from non-union and illegal labor. Now she pushes more taxes on U.S. oil companies — not OPEC oil producers.

UPDATE
By Mick Gregory

UPDATE: Sept. 21, 2008; House Speaker Nancy Pelosi, Senator John Kerry and more than 50 other members of Congress, Bloomberg reports.

Pelosi, in her most recent financial disclosure form, reported that her husband owned between $250,000 and $500,000 of stock in AIG, which ceded majority control to the U.S. government this week in exchange for $85 billion of loans.

Kerry, the 2004 Democratic presidential nominee, disclosed that his wife, Teresa Heinz Kerry, had more than $2 million of AIG stock at the end of 2007, when shares were worth $58.30. AIG has fallen 85 percent this week to close yesterday at $2.69. The lawmakers’ aides didn’t respond to calls seeking comment.

Did you know that the Obama family had their own private chef for years? Journalists didn’t bother to report that at any time during the past two years. Do you wonder why?

Sam Kass, who cooked for the Obamas in Chicago will now move onto the government payroll as a White House chef. (Ever wary of annoying the feminist base, the Obamas are not firing the very first woman to hold the Chief Chef job, chosen by Laura Bush. They’re just pushing her out of the way.)

Who knew? I believed all that stuff about how Michelle was an overburdened modern working mother, rushing from school dropoff to her high-paying, demanding work at the hospital, to dress fittings, to whatever it was she needed to do to support her husband’s political aspirations, back home to take care of her daughters. Call me naive, but that model usually includes making dinner. And squeezing in a weekly grocery shopping trip. Especially for those fresh, whole foods that don’t keep so long. Now I have to wonder who did the laundry, and the vaccuuming. Sure, granny helped—but I doubt she was the maid. Who was?

In fact, I don’t actually care who did the cooking (or cleaning) in the Obama household. And Chef Sam is fine with me. The orchestrated deception—the pretense that this family did it all themselves, living a low-key life just like most upper middle class Americans, working hard and taking care of the necessary, sometimes tedious requirements of home life as well as they seemed to have done—is a little more troubling. To be sure, a University of Chicago-educated private chef seems a little more indulgent than a nanny who broils the chicken or chops up the broccoli. But that’s their call.  

Didn’t the women at Slate, among others, complain that there was something offensive about Sarah Palin’s apparent ability to raise 5 children, run the state of Alaska, run marathons, and cook those mooseburgers—because it set the bar too high for ordinary women? But they were willing to believe that Michelle could do it all, and keep it all organic and healthy at that—because she has a law degree from Harvard?

This is one of the great gifts that comes with being a Democrat who is so beloved of the media. Instead of the inevitable carping and cries of hypocrisy and elitism, the New York Times food writer just gushes at what a master stroke this appointment is—bringing sustainable food to the White House and inevitable gardens to the grounds.

When you run for president as a community organizer, and a writer, or even a professor of constitutional law, perhaps it’s politic to hide a few salient details about your actual lifestyle that might mess up the “savior of the downtrodden” narrative. It’s important to keep up the fiction that only spoiled, indifferent, wealthy Republicans have personal servants. — Lisa Schiffren

Did you know? CNN’s Democrat cheerleader Anderson Cooper is the son of billionaire heiress Gloria Vanderbilt.

This new tax on oil is not unlike Chavez taking over control of private industries. Even liberal Californians voted down an identical energy tax just last November. So what does Pelosi do? She pushes through a more expensive energy tax in the first 100 hours without debate. This is similar to Hugo Chavez’s progressive politics. You think? What’s the difference?
The millions of dollars that Democrat supporters spent to pass Proposition 87 to promote an increase in the extraction tax on crude pumped from California oil wells wasn’t enough to win over the state’s voters last November.

The hotly contested ballot measure, which proposed to impose a new tax on oil production to fund a range of alternative energy programs, was backed by 45% of the voters, while 55% opposed it, according official returns.

Opponents of the initiative campaigned heavily, arguing the tax would be borne by consumers, who would end up paying even more at the pump.

The proposed Clean Alternative Energy Act sought to raise $4 billion over 10 years through an oil-extraction tax. The funds would be used to sponsor research and projects in alternative energy, including ethanol, solar and wind power.
The initiative, which sought to cut the use of petroleum by 25% over the next decade, drew a massive response from the oil industry and pulled in endorsements from political heavyweights such as former President Bill Clinton and Vice President Al Gore.

Both sides spent millions of dollars on their campaigns.
Hollywood producer Stephen Bing provided major funding in favor of the measure by pledging about $49 million to the campaign. Other backers include Google Inc. (GOOG

Energy companies calculated the impact of the potential new tax would range from 1.5% to 6%, depending on the price of oil. During its third-quarter earnings conference call, Chevron Chief Financial Officer Steve Crowe said the company could take a $200 million pretax hit on its annual earnings from the proposition.

Nancy Pelosi‘s socialist political views are exactly what have kept her elected in San Francisco, along with the flow of union campaign money. The staunch “union supporter” Pelosi has even received the Cesar Chavez Award from the United Farm Workers Union. But her $25 million Napa vineyards and winery, she and her husband own are non-union shops. The extra profit she earns is more than she gets from labor unions. But I don’t think she wants the rank and file to know this. Do you?

The hypocrisy doesn’t stop there. Pelosi has received more money from the Hotel Employees and Restaurant Employees unions than any other member of Congress in recent election cycles.

The multi-millionaire investors own a large stake in an exclusive resort hotel in Wine Country, the Napa Valley Auberge Du Soleil Resort. It has more than 250 employees. But none of them are in a union, according to Peter Schweizer, author of “Do As I Say, (Not As I Do) – The Hypocrisy of Democrats” and a regular contributor to the New York Times.

Pelosi is also partners in a restaurant chain called Piatti, which has 900 employees. The chain is – you might have guessed — a non-union shop. It is a very high-end restaurant group with locations in Carmel, Sonoma and Danville to name just the locations I dined at. Hardwood-fired ovens, exhibition kitchens, Napa wines, a very nice experience. I did notice some Hispanic kitchen help and busboys. I’m wondering if they are illegal alliens? No, the Speaker of the House wouldn’t hire illegals, would she?

I’m sure The Chronicle’s Herb Caen gave Piatti a big plug every so often.
The 67-68 (?) year-old Pelosi has spent more money on facelifts, cosmetic enhancements, and Armani suits than every one of her union supporters combined, don’t you think?

I heard Chris Mathews of “Hardball” say “what a knockout Pelosi is, “I can’t wait to see her sitting behind President Bush at the next State of the Union speech.”
Mathews actually worked at the The Chronicle and Examiner in San Francisco before his show “Hard Ball” on MSNBC, and before that he was a ‘gofer’ and occasional writer for the Democrat Speaker of the House, Tip O’Neill.

I believe that Mathews wasn’t as kind to Kathryn Harris who is young enough to be Pelosi’s daughter and quite attractive without expensive plastic surgery.

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 Internet most trusted news source now

The Web Most Reliable Source of News according to Zogby

There is a backlash to the perceived (real or imagined) alliance between major media and the Democrat party. 

A Zogby Poll, commissioned by IFC, found 37.6% of those asked consider the Internet the most reliable source of news. 20.3% consider national TV news most reliable and 16% say radio is the most reliable source.

• 39.3% of those surveyed trust FOX News most for the issues they consider most important, followed by CNN with 16% and MSNBC with just 15%.

• 72.6% believe the news they read and see is biased.

• 88.7% Republican and 57.5% Democrat respondents describe the news media as biased.

 Theodore Roosevelt

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly; who errs and comes short again and again; because there is not effort without error and shortcomings; but who does actually strive to do the deed; who knows the great enthusiasm, the great devotion, who spends himself in a worthy cause, who at the best knows in the end the triumph of high achievement and who at the worst, if he fails, at least he fails while daring greatly. So that his place shall never be with those cold and timid souls who know neither victory nor defeat.” –Teddy Roosevelt

Impeccable timing for Ann Coulter’s new book, “Guilty.”

Set for release first week of January, the book exposes in documented detail, the media’s love affair with all things Democrat and Obama. Coulter presents all the details that have been covered up. It mocks  and rocks professional jounalism to its core.

“GUILTY is a much-needed reality check on a Left gone wild,” declares the book’s jacket.

“When it comes to bullying, no one outdoes the Left. Citing case after case, ranging from the hilariously absurd to the shockingly vicious, Coulter dissects so-called victims who are invariably the oppressors. For instance: While Barack Hussein Obama piously condemned attacks on candidates’ families, his media and campaign surrogates ripped open the court-sealed divorce records of his two principal opponents in his Senate race in Illinois.”

 

The leftist blogs are reporting that Ms. Coulter had her jaw wired shut. If so, she can still write best sellers. 

 

 

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).

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

Obama picks Hillary! Obama picks Hillary! Not!

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Update: It’s Biden. Who said Democrats couldn’t keep a secret?

Obama didn’t want Hillary Clinton and the machine around him for the rest of his life. Can you blame him? Wouldn’t you rather shoot the breeze with Joe Biden? Sure.

By Mick Gregory

With McCain’s lopsided win in the debate held by Rev. Warren in California, the DNC leadership are in a panic. They will try and force Obama to pick Hillary as his running mate.

That’s my prediction. We’ll have to see if Hillary wants to chance it with this stalled campaign. Maybe there is so much worry, that Hillary will get the nomination in Denver. Obama has to nip it in the bud and name Hillary his VP before the revolt takes over the convention and makes Hillary the candidate and Obama has to settle for Veep.

Ralph Nader agrees with me.

“He just has to swallow hard and do what JFK did” in picking rival Lyndon Johnson in 1960, said the liberal activist and maverick presidential candidate.

According to Nader’s logic, Obama may dislike Hillary, but will conclude he has no choice but to get over it if he hopes to leave next week’s convention in Denver with a unified party and a decent shot against John McCain in the fall: “The polls show 25 percent of her supporters have not gotten on board.”

“He’s got to be very concerned by the [neck-and-neck] polls and by what happened at Saddleback,” added Nader, referring to the recent candidates forum hosted by evangelist Rick Warren. “He got beat in Saddleback—big time.”

Nader said his own sources—and, to be blunt, they sound a bit sketchy—lead him to believe that Clinton remains in serious consideration. A friend, he said, recently saw Clinton family intimate Vernon Jordan on Martha’s Vineyard and reported the “usually very effusive” Jordan to be suspiciously “tight-lipped.”

It was only in May that Sen. Barack Obama cockily proclaimed he would debate Sen. John McCain “anywhere, anytime.” But in June, Obama said no to McCain’s challenge to have 10 one-on-one town hall meetings

— ibdeditorials.com.

After what happened at Lake Forest, Calif.’s evangelical Saddleback last Saturday evening, we may have found that debating is Obama’s Achilles’ heel. Whether or not you like the idea of such events being held in religious venues, the plain-and-simple method of questioning used by Saddleback pastor and best-selling author Rick Warren revealed fundamental differences between these two men.

“It’s one of those situations where the devil is in the details,” Obama said at one point. He could have been referring to his own oratorical shortcomings when a teleprompter is unavailable. We learned a lot more about the real Obama at Saddleback than we will next week as he delivers his acceptance speech in Denver before a massive stadium crowd.

The stark differences between the two came through the most on the question of whether there is evil in the world. Obama spoke of evil within America, “in parents who have viciously abused their children.” According to the Democrat, we can’t really erase evil in the world because “that is God’s task.” And we have to “have some humility in how we approach the issue of confronting evil.”

For McCain, with a global war on terror raging, there was no equivocating: We must “defeat” evil. If al-Qaida’s placing of suicide vests on mentally-disabled women and then blowing them up by remote control in a Baghdad market isn’t evil, he asked: “You have to tell me what is.”

Asked to name figures he would rely on for advice, Obama gave the stock answer of family members. McCain pointed to Gen. David Petraeus, Iraq’s scourge of the surge; Democratic Rep. John Lewis, who “had his skull fractured” by white racists while protesting for civil rights in the 60s; plus Internet entrepreneur Meg Whitman, the innovative former CEO of eBay.

When Warren inquired into changes of mind on big issues, Obama fretted about welfare reform; McCain unashamedly said “drilling” — for reasons of national security and economic need.

On taxes, Obama waxed political: “What I’m trying to do is create a sense of balance and fairness in our tax code.” McCain showed an understanding of what drives a free economy: “I don’t want to take any money from the rich. I want everybody to get rich. I don’t believe in class warfare or redistribution of the wealth.”

To any honest observer, the differences between John McCain and Barack Obama have been evident all along. What we saw last weekend was Obama’s shallowness juxtaposed with McCain’s depth, the product of his extraordinary life experience.

It may not have been a debate, but it was one of the most lopsided political contests in memory. — iht.com

I have to agree, this was the most lopsided debate win I’ve seen in my life.

I can’t wait to see a few debates. I know there will be only two or three now. And the Democrats will have to try and put the fix in with the “right” kind of journalists asking the questions.

The Edwards coverup helped Obama win nomination, knock out Hillary

It doesn’t take a political insider to figure out that the year-long cover up by the major media of Democrat presidential candidate John Edwards’ duel life cost Hillary Clinton the presidency. The mainstream media ignored the National Enquirer. Blogs caught on and the news of the ego-maniac Edwards couldn’t be shut down.

Can Hillary’s supporters expose who knew about Edwards and Hunter and when? What did Sen. Jim Webb know and when?

 

ABC reports:

Now what will happen  in Denver?

Hillary Clinton would be the Democratic presidential nominee if John Edwards had been caught in his lie about an extramarital affair and forced out of the race last year, insists a top Clinton campaign aide, making a charge that could exacerbate previously existing tensions between the camps of Clinton and Sen. Barack Obama.

(AP Photo)

“I believe we would have won Iowa, and Clinton today would therefore have been the nominee,” former Clinton Communications Director Howard Wolfson told ABCNews.com.

Clinton finished third in the Iowa caucuses barely behind Edwards in second place and Obama in first. The momentum of the insurgent Obama camaign beating two better-known candidates — not to mention an African-American winning in such an overwhelmingly white state — changed the dynamics of the race forever.

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.

Don Imus under attack from the liberal thought police again

Comic/Commentator Don Imus defended his comments during his three-hour show linking a football player’s race to brushes with the police.  During his morning show on Monday on Citadel Broadcasting’s ABC Radio Networks, Imus discussed Adam “Pacman” Jones, who was suspended by the National Football League in April 2007 because of his link to a Las Vegas triple shooting.

 

A colleague of Imus commented on how many times Jones had been arrested since he had been drafted by the Tennessee Titans in 2005, and Imus asked what color he was. Told that Jones is black, Imus responded: “Well, there you go. Now we know.”

 

But on Tuesday Imus said during his show: “Obviously I already knew what color he was. The point was to make a sarcastic point.

 

“What people should be outraged about is they arrest blacks for no reason,” he said. “There’s no reason to arrest this kid six times, maybe he did something once, but I mean everybody does something once.”

 

 

The Rev. Al Sharpton, who is a self-annointed expert on “thought” as well as “right  and wrong,” said he found the inference in this week’s remark by Imus “disturbing.” He said his National Action Network lobby group had been monitoring Imus’ show since he returned to the airwaves in December. Sharpton was the point  man who demanded Imus be fired last year for what Sharpton  judged was “hate speech.”

As a side bar, Al Sharpton went along with what was proved, false rape accusations against a white NYPD officer by black woman. Sharpton entered the national stage when a similar smear was chaged against the Duke LaCross team by an African-American adult entertainment performer.

This defines the state of the lopsided legal system in the U.S. today. Imagine what will come with Obama as president and the entire Congress controlled by the Democrat party, America’s race card political party.

A look at the mind set of newspaper columnists and journalists as security boxes their belongings

By Mick Gregory

After the spring break/Easter holiday retail promotions, newspapers have a long, low period of advertising drop off, followed closely by subscription and single-copy sales declines. That’s when the next big wave of head-count cuts usually hits. It’s as predictable as a 2-hour commute in So Cal. The newsrooms don’t see it coming any better than hogs at a Bakersfield slaughter house. I take that back, hogs do get the picture about five minutes before the drill.

UPDATE:
(CAN YOU IMAGINE? WRITERS COMING UP WITH THEIR OWN HEADLINES?)

Word out of the Los Angeles Daily Journal newsroom is that the legal paper lopped off its copy desk last night — the whole thing. I’ve heard it from a few sources, one of whom emails that deadlines will be pushed earlier in the day, writers are being asked to suggest their own headlines and line editors will back read each other’s edited copy. The editor staffing was already thin, with recent departures not replaced. Emails one staffer:

Honestly, how do you put out a paper without a copy desk? We’re all very shell-shocked. The lay-offs included a veteran copy-editor who had been at the paper for 15 years, and who was completly unaware she was on the chopping block. We’re all scrambling around, trying to figure out how we’re going to keep doing our jobs without copy editors. — Kevin Roderick of the LA Observer

TIP TO PUBLISHERS: TRY USING WEB-BASED CONTENT MANAGEMENT SOFTWARE AND HAVE COPY EDITORS IN PUNE, INDIA DO THE EDITING FOR 20 PERCENT OF THE EXPENSE. THOUGH, GIVE YOUR WRITERS A CHANCE. ALL THEY NEED IS ABOUT A WEEK OF PRACTICE.

Here are the latest cuts:
The Seattle Times –175 to 200.
The Dizzy Dean Singleton cuts in California — bottomless.

Here is some open grieving from what was once a real fluff position, sports columnist in Southern California. Free food in the press box, jokes about the sports stars, great seats for all the best games, somebody had to do it. Well, not any more.

I have a suggestion for your exit interview, say “Pull my finger!”
And blow one a burrito/beer fart that they will remember.

…
‘We’re Eliminating the Position of Sports Columnist’
It took me, oh, about three seconds to process the meaning of the call from the newsroom secretary.

“Steve wants to see you in Louise’s office.”

Steve would be Steve Lambert, editor of The Sun/Bulletin/Titanic. And Louise is Louise Kopitch, head of personnel for the same foundering entities.

These days, your editor wants to see you (in tandem with the HR boss) for one reason only. And it’s not to congratulate you on being named Employee of the Year.

It was about noon, and I was in the new, north San Bernardino offices of The Sun to do my weekly IE-oriented notes column. I was going to lead with several paragraphs on Don Markham, the mad genius of Inland Empire prep football who, at age 68, is attempting to put a maraschino cherry atop his “mad genius” credentials by starting up an intercollegiate sports program (and, more importantly, to him, a football team) at something called American Sports University (current enrollment, about 30). A school planned and created by a Korean mad-genius businessman who either is about to fill a niche in academe or lose a boatload of money.

As it turns out, American Sports University is located in downtown San Bernardino in the very same collection of buildings occupied until October of 2006 by The Sun. The same buildings I reported to for my first day of work, Aug. 16, 1976, and then spent the next three decades of my working life. Later, I found that meaningful.

When the phone rang, my colleague, Michelle Gardner, had been talking to me about Cal State San Bernardino basketball, the aspect of her beat that most interests her. As usual, she was highly animated and barely paused for breath as I took the call, said, “OK,” and hung up. Michelle resumed describing the permutations of the CCAA basketball tournament and what it meant for the Division II NCAA playoffs. She was just getting warmed up. I basically had to walk away from her to answer the summons. Michelle does love her beats, and I admire her for that.

I may have laughed aloud as I went down the stairs. Certainly, I smiled. It seemed so silly. “They come for me at a random time and a random day. A Thursday. At lunch. Huh.”

I walked down the hall, looking for the personnel department offices. All the doors were closed, so I had to glance through the glass to find one occupied. I noticed a guy sitting across the walkway, a guy whom I once had worked with on a daily basis, when he was in the plate room and I would run downstairs to build the agate page. Mark Quarles. I remember wondering if he knew what I was doing down there, Thursday afternoon, and whether he might actually call out to me. Or whether it’s politically dangerous to acknowledge a Dead Man Walking.

I pushed open the door to Kopitch’s office, was invited in, and there was Lambert, looking smaller and thinner than I recalled him. Not that I had seen him often the past year, between my doing so many L.A.-oriented columns and him doing whatever it was he does. Corporate stuff, meetings off site, whatever.

I said, brightly, “I’ve been trying to think of a scenario in which this meeting is a good thing.”

Lambert said something like, “It’s not a good thing.”

I sat on the other side of Kopitch’s desk. As did Lambert, but he was turned slightly toward me and was about six feet away. Maybe that’s the way you do these things? On the same side of the desk but a bit removed? I remember a managing editor, name of Mike Whitehead, telling me, 20-odd years ago, that you never fire someone in your own office because if they insist on talking/complaining you can’t get up and leave. It’s your own office, see? So you fire people somewhere else.

Anyway, Lambert had a bit of a preamble. Something we hate to do, forced on us by economic realities, sorry … “but we’re eliminating the position of sports columnist for the Inland group.” I remember that fairly clearly, and I recall thinking “hmm, they leave it to me to grasp that I am not just a columnist but “sports columnist for the Inland group,” a title I’d never heard, let alone used. There was a flicker of “what if I were really dim, or contentious, and made him say it more directly? Like, “you’re fired.”

Lambert may have said he was sorry another time or two. How often he said it doesn’t matter because I don’t believe he meant it in the least. He could have said it 20 times or not at all and it wouldn’t have mattered. The guy hasn’t liked me since, oh, 2004, and I bet whacking me was the easiest call for him, of the 11 Sun newsroom people he fired that day. Dump a big salary (by Singleton standards) and a guy you don’t like at the same time? Easy. Fun, actually.

Mr. Obama, have you no shame? Why did you push to fire Don Imus within days of his street-talk jock joke, but let your family attend the hate monger Rev. Wright’s church for 20 years?

“I understand MSNBC has suspended Mr. Imus,” Barack Obama told ABC News, “but I would also say that there’s nobody on my staff who would still be working for me if they made a comment like that about anybody of any ethnic group. And I would hope that NBC ends up having that same attitude.”

Mr. Obama, what about your America-hating, white-blaming racist pastor? He wasn’t joking about blaming American whites for 9/11 and inventing the HIV/AIDs virus. Why did you continue to attend Rev. Wright’s church for 20 years? Imus is a political satirist who often had you on as a guest to help build your political popularity. Rev. Wright is a hate spewing monster. Why did you let your daughters attend such a place of worship on Sundays for their entire lives?

It took Obama more than a year to speak about his pastor’s racially charged anti-American tirades, but when it came to denouncing Don Imus for his racial street talk joke against the Rutgers girls basketball team, it took Obama only a week to demand the shock jock be fired, reported by FOX News.

So this is why your wife is proud of America for the first time? You grew up in South Side of Chicago world of blame whites for all your ills. Meanwhile, American blacks are killing each other off at the rate of 20,000 a year.

The Star Tribune bankrupt

By Mick Gregory

We are observing the death throws of a star on its way to becoming a white dwarf. Gasses spewing, used matter is shredded and  thrown out. The size of the once bright, powerful force rapidly shrinks as it collapses on itself. These are the telltale signs of a dying star.

The Star Tribune, once among the Midwest’s largest newspapers, was purchased by the Sacramento-based McClatchy media company in 1998. The “executive editors”  paid $1.2 billion for it from a family who wanted out of the business.

In less than 10 years, the rapid growth of Google, Drudgereport, Craigslist, E-Bay, FaceBook and WordPress lured away much of the newspaper audience and built new readers/users that were not newspaper-friendly. So the advertising found new rising stars.

Last year, Avista, a New York-based private equity group, purchased the dying Star Tribune for less than half of what McClatchy paid only eight years earlier.

Since Avista’s purchase, the star has been shedding  reporters, editors, photographers, advertising sales staff and designers through two rounds of buyouts and the elimination of open positions. That was just a show for creditors.

Now, in January of 2008, the Star-Tribune filed for Chapter 11 bankruptcy. 

The Star Tribune’s long-term business slump has continued, with revenue declining by about 25 percent, from $400 million in 2000 to $300 million last year, according to a Star Tribune story in July. While major expenses such as newsprint and transportation  increased.  Even those adult newspaper carriers throwning papers out of the window of their pickups, need to be paid.

Several weeks ago, Avista announced that it was writing down the value of its $100 million equity investment in the Star Tribune to $25 million. That’s $75 million wiped out in one year. The Star shed more than $1.15 billion in value over nine years. The new owners are getting pennies on the dollar trying to restructure their debt.

The only candidates for buying into debt-ridden newspapers now are hedge funds, especially those that make a specialty of distressed debt investments, according to several industry observers. It’s called a loan-to-own strategy, they calculate that the owners like Avista will default on their new loans and the fund becomes the new owner for pennies on the dollar. What’s left may be some downtown real estate and a false store-front Web site. This is the white dwarf stage. And there are hundreds more flickering, spewing gas and spitting out  used up matter.