Friday Open Thread

“Honesty is the fastest way to prevent a mistake from turning into a failure.”

–James Altucher

13 Community Comments, Facebook Comments

  1. mamajama55 says:

    Republicans create 18 fake Democratic websites

    Was it Karl Rove or Dick Armey who said that the strategy going forward was to "replace the left"?

  2. mamajama55 says:

    While teachers were walking out and rallying across the US last week, they were being gassed, jailed, and beaten in Puerto Rico, along with everyone else protesting the "shock doctrine" austerity measures.

     

    Students with family on the island confirm that most schools still don't have power; that anyone wanting an education is forced to cram into the few buildings that are powered. Democracy Now has a longer story.

  3. Voyageur says:

    Thank heaven for scientific notation.

    How does Trump stink?

    Let me count the ways.

    3.146 X 10 to the 43rd power.

    And counting.

  4. Davie says:

    Alden finally got Chuck Plunkett’s head mounted on their trophy wall yesterday.

    The editorial page just has WashPo content and zero letters.  The paper is left without a voice.

    http://ireader.olivesoftware.com/Olive/iReader/DenverPost/SharedArticle.ashx?document=TDP%5C2018%5C05%5C04&article=Ar00602

  5. Voyageur says:

    Chuck served with honor.  In today's Post, that is a firing offense.

    • Diogenesdemar says:

      Honor was a fair columnist, but he bailed outta’ that building years ago . . .

    • Davie says:

      Highly recommended reading again from Corey Hutchins of the Colorado Independent.  He has the full scoop, and raises an interesting question — What might Dean Singleton do about all this?

      Writing for NiemanLab, newspaper industry analyst Ken Doctor:

      Among those questioning Alden’s deep staffing cuts action is Dean Singleton, who built the MediaNews Group chain that assembled most of what are today DFM’s larger newspapers. A still-towering figure in Denver civic life, Singleton sold his controlling stake in the company to Alden five years ago. He remains though on the Post’s editorial board. Over the years, he has said little about Alden’s cutthroat business strategies, but there may well be a line Alden could cross with him. Should Alden move to fire Plunkett or top editor Lee Ann Colacioppo, Singleton could well sever his relationship with the paper, an enterprise with which he’s been associated for 31 years. That would create a new problem Alden doesn’t need.

      … and finally raises the key question of — What if Denver advertisers start abandoning the Denver Post?  That would certainly turn the highly profitable Post (19% margins — highest in the industry) into a big drain on the cash currently flowing into Alden's pockets.

       

      • RepealAndReplace says:

        They will always have Jake Jabs and American Furniture warehouse. 

        • Davie says:

          Maybe not — Alden brusquely turned down Jake's buddy Phil Anschutz yet again in his latest offer to buy the Post.  Furthermore:

          (When Alden bought a majority of DFM, it bought a largely debt-free company. Since then, it has leveraged it up by borrowing.)

          The public protests have raised concerns among lenders, I’m told. Those concerns may center on the continuing viability of DFM’s milk-it business model, or they may account for new risks to future performance. For instance, there’s word of two or more high-profile Denver Post advertisers talking about pulling their business from the paper, in protest of the last big layoff of 30 newsroom staffers.

          Even without a formal boycott, a source close to the city’s top newspaper advertisers puts the Post’s dilemma in perspective. When Post publisher Mac Tully resigned in frustration in January, no one replaced him. Guy Gilmore — the COO of DFM, as well as its chief executive and main Alden liaison — also serves, on paper at least, as the Post’s publisher. But he doesn’t — as Tully did and most successful publishers do — regularly meet with top advertisers. The result, says this source, is that “numerous advertisers are on the brink of pulling out.”

  6. davebarnes says:

    This is what a (at least he is not from Colorado) GOPer looks like.

    https://www.youtube.com/embed/CXzLjgf1EVk

  7. Davie says:

    Predictably, now Trump is disavowing his confirmation of Giuliani's admission that Trump paid off Cohen which he just weeks ago was denying.

    Sort of reminds me of a certain movie…

    Image result for moose once bit my sister

    https://www.nytimes.com/2018/05/04/us/politics/trump-giuliani-stormy-daniels.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=a-lede-package-region&region=top-news&WT.nav=top-news

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