http://www.nytimes.com/2008/11/25/arts/music/25kany.html?_r=1&th&emc=th
Brought to you by theYreport at y-report.com
Tuesday, November 25, 2008
It Has Dropped
http://www.nytimes.com/2008/11/25/arts/music/25kany.html?_r=1&th&emc=th
Brought to you by theYreport at y-report.com
See kids, Thanksgiving wishes DO come true!
http://www.hollywoodreporter.com/hr/content_display/news/e3i3727898fb2739b048b1dc9309544e4d3
Brought to you by theYreport at y-report.com
Friday, November 21, 2008
Obama's first grade: A+ from Brooks
http://www.nytimes.com/2008/11/21/opinion/21brooks.html?th&emc=th
Brought to you by theYreport at y-report.com
"At the edge of apocalypse"
Speaking to a friend in the auto business last night, it is easy to UNDERESTIMATE the new reality should the Big 3 go bankrupt outside of Washington hand-holding. His suggestion was not outright bankruptcy, but a DC-managed "effective bankruptcy." There are many reasons:
The unions need busted but that takes political will - GM cannot do it, the government must force it. The loaded cost (all-in) for a senior assembly-line worker is near $72 per hour! GM's medical benefits cost per worker, per year are $15,000 - the average company's medical benefits cost is $7,000. This is simply unsustainable - the unions need to be busted and the government, the DEMOCRATIC government, must do it.
The economic realities of Big 3 Bankruptcy are unimaginable. If things stay as they are, 5,000 car dealerships will go out of business. If GM goes bankrupt, that number is at least 10,000. On top of that, GM has 250,000 employees who would have just lost their jobs. Add to this the number of suppliers that would collapse and the inevitable effects on Honda and Toyota and you now have the systemic collapse of the entire auto industry, even bringing the healthy manufacturers down.
All of this would result in 2.5 to 3 million people out of work in a matter of weeks. You now have, within 90 days, 2.5 to 3 million home foreclosures - this is now much bigger than currently imagined.
This friend went on to say:
"We've seen a housing crisis, a credit crisis, a banking crisis, and now a manufacturing crisis in a matter of months. This is unprecedented...there's usually been one factor to point to, but this is EVERYTHING. You being young, at your age, this taste will be with you for the rest of your lives - you will never forget this time.
And you are also witnessing a failure of leadership, of political will. No one is standing up and offering any kind of perspective, with any kind of fervor or direction-setting. Leadership is not reactionary and that is all we have right now."
Brought to you by theYreport at y-report.com
Wednesday, November 19, 2008
The Big 3
Point: Rick Wagoner, CEO of GM
Counter-Point: Mitt Romney, the should-have-been candidate
Gonna have to agree with 'ole Mitt on this one...
Brought to you by theYreport at y-report.com
Wednesday, November 12, 2008
Friday, November 7, 2008
What Are You Doing Sunday, November 23rd?
I know what I'll be doing. Who's hosting?
Brought to you by theYreport at y-report.com
Brought to you by theYreport at y-report.com
One Of The Most Important Questions Anyone Must Face
Especially in light of the era of change upon which we now embark. Click here.
Brought to you by theYreport at y-report.com
Thursday, November 6, 2008
The Story
This is a rough one on the McCain camp. Not too surprising, but interesting.
http://www.nytimes.com/2008/11/06/us/politics/06mccain.html?pagewanted=1
And on the Obama camp. And this one will continue to be interesting. This is only part 1 of 7.
http://www.newsweek.com/id/167582/output/print
(This might not be as interesting to everyone as it is to me. And, funny thing, Obama isn't in spellcheck yet.)
Brought to you by theYreport at y-report.com
Wednesday, November 5, 2008
Before It Is Lost - 2 Points
1. Some historical perspective provided, interestingly, by the New York Times. Both Clinton and Bush thought they had redrawn the political maps...something we find unbelievable at this point but which, at the time, sounded right to those who had won.
For example, if you look at the county results in Florida, Obama only won three counties more than Kerry in 2004 and it gave him the state. In Ohio, he won 5 more. Both states went for Obama by around 200,000 voters each. That is no landslide. Governing is the next test.
2. This second point is directed at fellow blogger, YBS, in regard to the "live blogging" post and my view that "NBC is the fairest of networks."
While I did not actually say that NBC is the fairest of networks, that is beside the point. My comment was made while watching (an intoxicated) Brit Hume on Fox News, which, let's be honest, is definitely not fair or balanced unless you are watching two televisions at the same time, one tuned to Fox News and the other to MSNBC. Both have made blatant decisions to move toward one ideological perspective.
YBS must also be unaware of the reaction within NBC News (network) to their cable network's leaning, something I believe, actually legitimizes the attempt by NBC News toward journalistic credibility - something unquestioned under the editorial leadership of the late Tim Russert. I can no longer stomach FoxNews or MSNBC. NBC News, while currently leaderless, provides some idealogical moderation under Williams and Brokaw, as does CNN (although, Wolf Blitzer leaves much to be desired).
In all, I challenge YBS to stop arguing for the legitimacy of Fox News (and thereby quit living up to his initials) and I leave him with words from Washington Post columnist, Howard Kurtz, and from the executive producer of BBC World News America, Rome Hartman (pictured above):
Prime-time viewers of Fox News and MSNBC get vastly different perspectives on the campaign that sometimes approach mirror images. This goes well beyond the hosts' political views to the booking of guests and the way stories are framed, pumped up and sometimes ignored. In that sense, the programs reflect the increasing polarization of the media world, where columnists, strategists, bloggers and radio talkers have built thriving careers catering to those who already agree with them. As high-profile hosts adored by fans and derided by critics, Hannity and Olbermann provide a case study in the power of ideological punditry.'
Hartman:
Viewers are retreating into their own cocoons. If you have a business culture where the boss says one thing and everybody toes the line and says 'Boy, boss, that's right, you're right,' well, that's a business that's not going to last very long.
Brought to you by theYreport at y-report.com
Tuesday, November 4, 2008
So yeah....
Sitting here with several distinguished members of the Y-Report. Kind of a somber mood here, given how things seem to be going with the national elections. Jayber lightened things up moments ago by calling NBC the fairest of the networks. Silly Jayber...
Brought to you by theYreport at y-report.com
Brought to you by theYreport at y-report.com
Finance + Sports = Barack Obonga
Don't know if anyone reads The Sports Guy on ESPN.com, but you should. At times, he can be hilarious.
This is one of those times.
In a column on the NBA getting "it's curves back," he uses the term "sunk cost" and proceeds to explain it:
What is a sunk cost? In financial terms, it's a lost cause -- you're paying for something that has lost its value to you. Let's say I spent $200 on one of those beautiful, 6-foot-high, glass-blown water bongs and named it Barack Obonga. And let's say I smoked a little too much of the special hydro weed they give to cancer patients, decided someone was watching me through my front window, ran outside in my underwear with a baseball bat, and eventually spent the next two hours sitting in a tree waiting for the imaginary guy to come back before my neighbors called the police. And let's say the whole experience made me say, "You know what? I need to quit smoking pot, it's making me a little crazy." Maybe I'd try to sell the bong on Craigslist to no avail, and none of my friends would take it because there's nothing grosser than owning someone else's bong. At that specific point, Barack Obonga would become a sunk cost; that money is out the window. It's gone. I need to accept this fact and move on.
Brought to you by theYreport at y-report.com
How Show We Then Vote?
I was going to save this until after today, election day. But as I read it again, I think it is a voice that must be heard. A good and thoughtful voice. Not always to agree with, but to, at the very least, think about. Derek Webb and electoral conscience.
Brought to you by theYreport at y-report.com
Moonlight Feels Right - Starbuck
The single most epic Xylophone solo of all time.
Brought to you by theYreport at y-report.com
Brought to you by theYreport at y-report.com
A Date With Scarcity
David Brooks today:
We’re probably entering a period, in other words, in which smart young liberals meet a stone-cold scarcity that they do not seem to recognize or have a plan for.
Brought to you by theYreport at y-report.com
Monday, November 3, 2008
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