Ruminations, December 6, 2008
Ruminations, December 6, 2008
Freedom from the press
Everyone
knows that the Bill of Rights in the US Constitution guarantees freedom
of the press. It’s one of our most cherished principles. But what if,
through some nefarious plot, there were no press? If there were no
press to read, then isn’t that the same as eliminating the right to a
free press in the Constitution? What’s the point of having the right to
a free press if there is none?
But that’s silly, isn’t it? We have a strong and robust press, don’t we? I wonder.
Last week, the Journal Register Company announced that, unless buyers could be found, two
Last month, the New York Sun ceased publication. The Sun, which had taken the name of defunct
The Time’s
circulation is projected to fall to under one million in the next 18
months – a drop of more than ten percent in 15 years. It reported that
profit for the quarter ended September 30 was $10 million, down from
last year’s third quarter profit of $28 million. Its bonds have been
accorded “junk” status and its dividends have been reduced from $.21 a
share to $.06. And it’s been reported that the Times is looking for buyers for its Boston Globe subsidiary, whose ad revenues are down 20%.
It’s getting worse. Last October, The Columbus Dispatch, The Minneapolis Star Tribune, The Los Angeles Times and The Chicago Tribune,
announced their intention to discontinue use of the Associated Press
wire service. What will those papers be like without wire service and,
more importantly, can the AP remain in business if it loses a big chunk
of the revenues that those papers provide?
Other
papers are losing ad revenue and subscribers and, to offset this
revenue shortfall, are cutting coverage and laying off staff. This, in
turn, makes the papers less attractive to its community and is
resulting in further cuts in circulation and fewer ads.
One
of the contributing factors to the demise of hard copy newspapers has
been the availability of news on the Internet. Yet if the New Britain Herald, The Bristol and The Associated Press
go out of business, their web sites will also cease to function. Who
will we rely upon for our news then? If, as many believe, the main
stream media is unreliable for unopinionated hard news, the not-so main
stream media is even less reliable.
Is
this bad? Of course. Aside from the loss of jobs, a newspaper provides
a sense of community to its subscriber base and, without the papers the
community it serves loses a part of what makes it a community.
When the New York Sun was in its death throes, New York city Mayor Michael Blumberg (I) and several
What’s
the solution? If there is a solution and if we want to keep our
carefully crafted constitutional rights, the solution must be focus on
the Bill of Rights as much as it focuses on costs and revenues.
Words of war
Words
are important. They shape how you look at things and how you perceive
concepts and, ultimately, how you respond to them. In his campaign for
governor in 2006, Deval Patrick (D, MA) said: "'We hold these truths to
be self-evident, that all men are created equal.' Just words? Just
words? 'We have nothing to fear but fear itself.' Just words? 'Ask not
what your country can do for you; ask what you can do for your
country.' Just words? ‘I have a dream.' Just words?"
Patrick
suggested to candidate Barack Obama that Obama excerpt those words and
he did but that’s not the point. What is the point is what Patrick
said. Words are important because they express ideas and philosophy.
President Lincoln thought that the words of the US Constitution were
superseded by the document that proceeded it – the Declaration of
Independence and, thus “All men are created equal;” and hence, the
Emancipation Proclamation.
With
that labored introduction, let’s turn to the words that refer to the
war at hand. We have been told by many that President Obama will have
two wars to with which to deal:
Obama
has not inherited two wars he has inherited one war – the war on
terror. I know, “the War on Terror” is a bad name but wars often have
bad names. Some historians believe that the War of 1812 was really part
of the Napoleonic wars that raged in
In
During World War II, we invaded
In
our current situation, if we continue to look at each locale as a
separate war, we will not act effectively to defeat an enemy that looks
at the whole picture. And victory is important.
“Words”, said Barack Obama, “are important.” They are. And so are wars.
Bailing out the automakers
It
would appear that Congress will approve a bailout of the American
automobile industry if not under President Bush then under President
Obama. Interesting. I wonder if some foreign auto maker would then
bring suit against the
Then
too, if Congress authorizes billions, the auto industry should have
some Congressional oversight. Who is best qualified to do this? I would
suggest Representative Barney Frank (D, MA) and Senator Christopher
Dodd (D, CT). These folks were in charge of overseeing Fannie Mae and
Freddie Mac and, judging by their results, they probably have plenty of
time on their hands.
Saving Money
For the latest round of Congressional hearings, the CEOs of General Motors, Ford and Chrysler drove to
Let’s see. The GM CEO Rick
Wagoner earned $14 million last year. With approximately 200 work days
per year, Wagoner earns about $70,000 per day. So if he flies to DC on
a private jet, it costs GM $20,000 plus half of a day’s salary each way
for a total of $90,000. If he drives, it takes two days each way and,
at $70,000 per day, it costs GM $280,000 in salary costs (plus gas and
tolls).
So
now, which is less? The trip flying by private jet for $90,000 or
driving for $280,000? Congress figures wrong again and wins the shame
game again.
Robert J. Kulak



Comments