This page contains a single entry from the blog posted on December 8, 2008 3:10 PM. The previous post in this blog was Is Martha getting desperate?. The next post in this blog is Rart at møde dig. Many more can be found on the main index page or by looking through the archives.

E-mail, Feeds, 'n' Stuff

Monday, December 8, 2008


Bankruptcy time for Tribune Co.:

The Chicago-based company owns a coast-to-coast empire with television stations and newspapers in most of the nation's largest cities. Its holdings include the Los Angeles Times; cable television superstation WGN in Chicago; the Baltimore Sun; and WDCW-50 in Washington, the CW affiliate. The company also owns the Chicago Cubs.
The mainstream media in this country has become quite toothless in recent years, but toothless is better than dead. It's a bad day for America.

Comments (19)

Cue Mark Cuban.

After seeing "loose" used for lose (as in a woman whom doctors thought "might loose [sic] her toes") on the Big O's front page today, it appears that the cuts there have eliminated editors entirely.

I have come to expect that particular misspelling on the interwebs, but when formerly major newspapers follow suit in the big story on page 1, it's a bad sign.


Take a look on Craig's list for teh number of folks selling their dining room tables. Next take a look at the number of folks selling their "dinning" room tables. The general public no longer knows the difference, so the editors have nothing to "loose" by not being picky.

the........see what I mean

Well, here's what was on the website of the NY Times op-ed page this afternoon (it's since been corrected),

"A federal appointment could mean that Arizona will loose it's most powerful voice of reason in a state that continues to hatch some of cruelest ideas for getting tough on immigrants."

When you write "cruelest ideas" without clear facts of Arizona's ideas, then sometimes it comes back to bit you where it hurts. Why is it that in many of so called "news articles" that writers must editorialize the news? Leave it to the editorial page. I read the NY Times and the Oregonian and find it incessant. I think this is one major reason for declining readership.


Uh, well, lw, "op-ed" in the NY Times is where the opinions and editorials go.

"A federal appointment could mean that Arizona will loose it's most powerful voice of reason in a state that continues to hatch some of cruelest ideas for getting tough on immigrants."

As a recent 4 year resident of the state of AZ, I can state unequivocally that we NEVER "hatched" any ideas dealing with IMMIGRANTS. I see the NYT has yet to learn anything from the Obama Experience.

Sorry Allan L., I was referring to all the other articles I read that have editorial content outside the op-ed pages.

This is the quote from the WashPost story that sucks the most:

"Their newspapers are profitable," newspaper analyst John Morton said. "But their profits have dropped so much and they're so heavily leveraged that they've been put in a hole."

It's not that daily newspapers can't be profitable. They just don't make enough profit to make the corporados happy. And then they get mixed up with other parts of the conglomerate that end up going south, so they are screwed.

Incorrect assumption Gil. The analyst is saying that cash flow does not cover debt service. Debt service (excluding interest expense) is not part of operating expense. Net profit is used (among other things) to pay debt service.

Jack... Oh Jackie boy...

So you want some fiscal management on the pension system in Portland.

What about the state of Oregon and these fee hikes the Gov is asking for? Can you comment on these or do you just ignore your favorite friend when he wants something so unjustified in today's economy?

The Gov says they can add 1400 jobs during this time with the fee increases in vehicle registration, titles, camping, fishing and hunting. Supply and demand I guess, but when the economy hurts and going camping hits 30 dollars or more per night... What's going to make me do that over spending an extra 20 bucks for a hotel room? Didn't we learn during the depression you don't raise the burden on individuals or you cause the economy to tailspin?

It is NOT like 'when this is all over,' Sam Zell, the Tribune and its affiliated media properties are going to 'bounce back' (from the dead) and everything gets 'back to normal.' Normal is over.

'Back to normal' is the deception going on in too many places that call this economic collapse a 'crisis.' Crisis means things are going along, then things hit a snag as an incidental occurrence, then the problem gets resolved, then things 'return to normal.' We are NOT going into a recession/depression that we are going to come out of. 'Coming out of it' is over.

That is the change that too many people deny themselves to understand. And while so many sit immobilized, hunkering down, weathering the storm, in denial that America as it has been for a century or two is over, we need them on-hand, involved, contributing to design and build the revolution which makes the next America, the new future, the next 'world' with new lives, lifestyles, and livelihoods.

The Russian political analyst seems to be right, who recently said USA might soon break into 5 or 6 smaller countries. Dissolve the federal gov't. (Which means anything under the umbrella term 'federal,' such as the Federal Communications Commission, to cite a very small example. The Federal Reserve is a large example.) Form and enact smaller /regional /local sovereign countries.

A precedent: Once upon a time there were several republics which combined to form a Union of Soviet Socialist Republics, (USSR). All their representatives met in one central 'capital' (headquarters) place. But their confederation's central gov't spent too much money on wasteful military overkill, until the whole operation went bankrupt, and the social republics disbanded the Union and became respective individual sovereign countries (again). Disintegration happens.

The important thing is to know that that is what is happening. Which starts from realizing that what the (federal) massmedia say is happening, is NOT what is happening.

The 'national marketing' players, such as Detroit's autos, or Major League Baseball, or the Chicago Tribune, etc., are going to shrivel up one-by-one, unravel thread-by-thread in the national fabric.

Here is what a newspaper pro is telling the newspaper CEOs to do to 'survive' by remaking themselves in a new form. (But when a caterpillar turns into a butterfly, can it be said the caterpillar 'survives'?) It is unlikely the newspaper CEOs are going to do what this guy says. They dither, deny, and 'don't get it.' We suffer in the delay.

My 'Crisis' Advice to Newspaper Company CEOs: 11 Points to Ponder, By Steve Outing, December 01, 2008.

1. Issue an edict: Digital is first!
2. Consolidate print and online editing functions
3. Print edition: Don't bother chasing young people
4. Print edition: Focus on the core demographic
5. Guide older print loyalists to a life online
6. Reduce the number of print editions
7. Online: Broaden definition of news to include micro-personal
8. Hire a social VP
9. Experiment, fail, experiment more
10. Leverage your remaining staffers, and augment them
11. Consider retirement

Some old dogs deny themselves to learn new tricks. Kiss Stickel and his world and his paper good-bye.

The plot thickens.

AP) -- Illinois Gov. Rod Blagojevich was arrested Tuesday on charges of conspiring to get financial benefits through his authority to appoint a U.S. senator to fill the vacancy left by Barack Obama's election as president.

According to a federal criminal complaint, Blagojevich also was charged with illegally threatening to withhold state assistance to Tribune Co., the owner of the Chicago Tribune, in the sale of Wrigley Field. In return for state assistance, Blagojevich allegedly wanted members of the paper's editorial board who had been critical of him fired.

The Illinois state-of-Daley corruption is exceeded by the federal Bush-begat corruption complicit in treason (outing Plame) and mass murder (9/11: false EPA aid, Katrina: false FEMA aid, Iraq: LIARS war crimes).

Blagojevich arrested on federal charges, Jeff Coen and Rick Pearson, Chicago Tribune, December 9, 2008.

... what U.S. Atty. Patrick Fitzgerald called a "staggering" level of corruption ...

Fitzgerald also accused Blagojevich of attempting "to sell the U.S. Senate ....

Fitzgerald said Blagojevich "has taken us to a truly new low" ....

"The breadth of corruption laid out in these charges is staggering," U.S. Attorney Patrick Fitzgerald said in a statement.

"They allege that Blagojevich put a 'for sale' sign on ... involved himself personally in pay-to-play schemes ... and corruptly used his office in an effort to trample editorial voices of criticism."

Tribune Editor Gerould W. Kern [Bush enabler] said today that the newspaper delayed publishing some stories at the request of the U.S. attorney's office during the course of reporting on the accelerating investigation of Blagojevich.

"On occasion, prosecutors asked us to delay publication of stories, asserting that disclosure would jeopardize the criminal investigation." Kern said. "In isolated instances, we granted the requests, but other requests were refused."

... arrest came amid revelations that federal investigators had compiled [past tense] secret recordings of the governor with the cooperation of a longtime confidant. ... Obama resigned Nov. 16, federal prosecutors said they had numerous recorded conversations of Blagojevich ....

Y'all recall Fitzgerald, certainly, Bush's hand-picked Spoofy Prosecutor who waived oath testimony and depositions for Bush, Cheney, Rove, Libby, Novak, Woodward, and major principles in the plotted treason to roll up CIA-operated Brewster Jennings & Associates, with Plame in the lead, looking into illegal international arms sales and nuclear materials merchandising being directed by the Bushies (in Turkey as Sibel Edmunds says; in Pakistan as A Q Khan says; and many more places buying nukes from Papa Bush and his boys, or missiles from Papa Bush's Ollie North).

And Fitzgerald ultimately got Libby for lying that he told reporter Y Plame's identity first, when in fact he had told reporter X first.

Now let's look into the dark recesses deep inside the Washington beltway, where you have to pay to display (for your reading) a Real Reporter's news by investigation.

Wayne Madsen Report (WMR).COM, by Wayne Madsen, December 9, 2008.

One day after Illinois Democratic Governor Rod Blagojevich ordered the state to stop doing business with the Bank of America over its role in closure of Chicago factory -- a move to support workers who have taken over factory -- U.S. Attorney for northern Illinois Patrick Fitzgerald, the man who let Karl Rove walk, has Blagojevich and his chief of staff arrested by FBI agents. Blagojevich accused of trying to "sell" Obama's Senate seat. WMR has been one of the only media outlets that has reported on the prosecutorial misconduct of Fitzgerald in Illinois, Washington, DC and New York City. [Was Kroger there, then?]

WMR reported that Fitzgerald had his indictement of Blagojevich prepared in October and was prepared to use it for a "mini-October Surprise."

September 23, 2008 -- Blagojevich indictment imminent

WMR has learned from Justice Department sources that the US Attorney for Northern Illinois Patrick Fitzgerald is prepared to drop a "mini-October Surprise" and indict Democratic Governor of Illinois Rod Blagojevich and/or his wife, Patricia Blagojevich, in the federal investigation of public corruption stemming from the investigation of Antonin "Tony" Rezko, a Chicago businessman convicted on June 4 on 16 of 24 federal counts. Rezko has been offered a reduced prison sentence by Fitzgerald if he agrees to cooperate in the investigation of "Public Official A" in the indictment of Rezko. Public Official A is Blagojevich.

Rezko was a fundraiser for both Blagojevich's gubernatorial campaign and the political campaigns of Senator Barack Obama.

The indictment of Blagojevich and/or his wife, who received lucrative real estate commissions from Rezko, are expected within the next few weeks, according to our sources. However, that would place to [sic] indictments in the midst of the presidential campaign and would appear to be timed to hurt Obama and the Democrats. ... the appearance of politicization of the criminal process in Illinois, a charge already leveled against Fitzgerald for his failure to indict Karl Rove in the leak of CIA agent's Valerie Plame Wilson's identity ... and the indictment of Illinois Republican Governor George Ryan after the governor commuted the death sentences of Illinois' death row inmates ... [having] cited misconduct by Illinois and Chicago prosecutors and police ....

The indictment or indictments are reportedly already [Sept. 23] prepared and are awaiting a final okay from the Justice Department.

So, ho-hum, looking to serve as a Bush brown-noser, goose-stepping-to-fetch Fitzgerald caught another Bush opponent ... not looking to serve Justice.

Plus -- a two-fer!, Bush uses Fitzgerald to put "Tony" Rezko in an early coffin inasmuch as putting him in prison as a branded 'Snitch.'

The Bush GUARANTEE: Once you help the Bush Crime Team you then are double-crossed, backstabbed, and dropped dead.
Think: Lee Harvey 'I was stationed in Russia' Oswald, Dr. Bruce 'I gave them my best anthrax' Ivins, and a few thousand more familiar names in the news.

Bush foil Fitzgerald can probably kiss his career, wife and kids, and life good-bye.

For its non-reporting in 8 years of all this, the Tribune sees no evil, hears no evil, speaks no evil to its readers ... and now has no money. Duh. Being a Bush insider is a double-cross death sentence.

Tensy, quite the potent koolaid you are on.

... an odd sort of 'funny,' that you use the term 'koolaid' .... I googled it a bit, ('koolaid' AND 'CIA' AND 'Jonestown'), and learned bunches of stuff I didn't know.

Back to the topic at hand: Daily newspapers extinction.

New York Times set to mortgage its building to ease cashflow, Mark Sweney, guardian.co.uk, December 9 2008.

The New York Times is planning to sell or mortgage its headquarters to raise $225m (£153m) and is looking at other financing options as it faces what a senior executives have admitted will be one of its "most challenging years" in 2009.


The NYT is suffering along with the rest of the US newspaper industry in the ferocious economic downturn, with circulation and advertising revenues tumbling.

It has also emerged this week that McClatchy, the third biggest US newspaper publisher, is looking to offload its flagship title the Miami Herald. And Tribune, the publisher of the Los Angeles Times and Chicago Tribune, yesterday filed for bankruptcy.

When the NYTimes one day finds NO MORE news fit to print, and so it quits, it is going to be because of what the Times did, NOT what was done to them.

Essentially, the Times stopped printing news and instead printed all propaganda, all the time.

Clicky Web Analytics