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. 

People are calling Obama a socialist — so join me — says Hugo Chavez

Venezuelan El Presidente, Hugo Chavez, on Friday called upon US President Barack Obama to follow the path to socialism, which he termed as the “only” way out of the global recession. “Come with us, align yourself, come with us on the road to socialism. This is the only path. Imagine a socialist revolution in the United States,” Chavez told a group of workers in the southern Venezuelan state of Bolivar. 

Note to Hugo, Obama is a socialist, you are preaching to a follower of Big Brother overseeing all the good workers paying half or more of their earnings to the government.

Even a New York Times reporter asked Obama to speak up on his socialist “progressive” political views.

 

 

The controversial Venezuelan leader, who taunted the United States as a source of capitalistic evil under former president George W Bush, added that the United States needs a leader who can take it to a “higher” destiny and bring it out of “the sad role that it has been given, as a murderous, attacking power that is hated all around the world.” 

Chavez said that people are calling Obama a “socialist” for the measures of state intervention he is taking to counter the crisis, so it would not be too far-fetched to suggest that he might join the project of “21st century socialism” that the Venezuelan leader is heading.

Time is up for Obama to blame Bush. The stock market crash is all Obama’s

As 2009 began, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. On March 2, the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The alarming message here is that President Obama’s policies have become part of the economy’s problem. Investors with “skin in the game” aren’t falling for the socialist trillion dollar spending plans from the Democrat Party in full power in Washington D.C. They have it all for two years minimum. 

After five weeks in office, it has become apparent that Obama’s Big Brother spending policies are slowing, if not stopping, what would otherwise be the normal cycle of economic recovery. From punishing business and eliminating legal deductions to wasting scarce national treasury, Obama is creating more anxiety and less confidence in the economy — and is helping prolong what may have been a minor recession.

In fact, by historic standards, two successive quarters of negative GNP will have not been reached until the end of March. And early numbers point to growth in January.

The “blame Bush” game is over and has been since the election last November. In fact Congress has been ruled by the Democrat Party the past two years. Bush and Cheney were lame ducks. Had there been a vice president groomed for the presidency, there may have been more blame to pin to Bush. 

Former President Bush warned of the financial problems eight times the past two years and was downplayed by the Democrats in power, aided by the mass media. Barney Frank in fact, was as guilty as Ken Lay of Enron for “happy talk” about Fanny and Freddie bad loan policies.

 

 

 

The Democrats who now run Washington don’t want to hear this, because they benefit from blaming all bad economic news on President Bush. And Mr. Obama has inherited an unusual recession deepened by credit problems, both of which will take time to climb out of. But it’s also true that the economy has fallen far enough, and long enough, that much of the excess that led to recession is being worked off. Already 15 months old, the current recession will soon match the average length — and average job loss — of the last three postwar downturns. What goes down will come up — unless destructive policies interfere with the sources of potential recovery.
— Wall Street Journal

 

 

Has the earth been visited by space aliens? Kucinich and Pelosi think so. Do the math.

The idea of space travel is fun and provides great entertainment. I’m sure there are many forms of life similar to earth in the universe. But if you do the math, you will see that it doesn’t matter. The space aliens are not going to visit earth and probe Democrat House representatives’ rectums in Cleveland Ohio, or San Francisco like Democrat Dennis Kucinich insists happened to him and friends of his in Hollywood. Nancy Pelosi who like her friend Kucinich, may look like an alien from another galaxy, that’s a fact, but her basic math skills are lacking. 

 

Kucinich is currently the chairman of theDomestic Policy Subcommittee of the House Committee on Oversight and Government Reform. He is also a member of theEducation and Labor Committee.

Kucinich heads committees on education? That should be against the law.

We need to increase teaching math, science and economics in our schools. That’s a fact.

Meanwhile the stock market continues to crash today. Investors understand economics and simple math and that spending billions on more government programs is not what drives an economy. 
A team led by Jochen Greiner of Germany’s Max Planck Institute for Extraterrestrial Physics determined that the huge gamma-ray burst occurred 12.2 billion light years away. Pluto is 12 light hours away.

Can you imagine man travelling in a vehicle that is 1,000 times slower than the speed of light? It would take 12.2 million years to visit a neighboring  solar system.  That’s the time equivalent to going back to the days dinosaurs roamed the earth. Planet of the Apes, it would not be. Planet of the volvox colonies. 

The concept that a rocket or space craft could ever travel at the speed of light are comic book science, much like man-made global warming. Let’s say man ever could achieve the speed of light of a space craft? Think about the speed and distance.

Most trusted media? Not newspapers.

Besides skiing, wine gulping and dining 24/7, there are some presentations at Davos. I know, it is hard to believe.

Two thirds of people in the Western world don’t trust newspaper articles.

Lionel Barber, editor of the Financial Times, began a session saying that trust is an issue for the press as well as government and big business. Edelman found that trust in business magazines and analysts fell from 57% to 44% and from 56% to 47% respectively. Trust in TV news is down from 49% to 36% and in newspaper coverage from 47% to 34%.

The least trusted businesses: Banking and the auto business. In general the U.S., India, U.K., Poland and China, there is much more trust in business than in government. The French, Germans and most of Europe believe  in Big Brother over the private sector. The sad part, the U.S. is moving toward the French.

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).