“The big search and social companies must do more to sustain the economics of real journalism.”
Print media in the United States is now largely a failed business model that has been in secular decline for years. While print media’s failure is largely attributed to technological shifts that have changed consumers’ media consumption behaviors, we would argue that biased reporting and a complete lack of journalistic integrity at many “real news” outlets facilitated the decline. The American population has rejected the notion of paying for “journalistic integrity” only to get hyper-partisan, leftist, manufactured narratives in return.
That said, Mark Thompson, the President and CEO of the New York Times, is convinced that Silicon Valley’s social media and search giants are to blame for failing print newspapers around the country. And, like any good liberal, Thompson’s first reflex to fix failing businesses is to provide subsidies…and apparently he thinks the tech titans should pay those subsidies. Continue reading »
The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.
Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.
(REUTERS) The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.
Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.
Read the rest of the story at Reuters.com.
H/t reader kevin a.
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– Falsehoods in the NYT’s Editorial, ‘Mr. Putin Tests the West in Ukraine’ (Washington’s Blog, Sep 3, 2014):
The only way to expose lies is within context; so, this will have to be lengthy.
The Times editorial opens with a falsehood: “There is no longer any doubt: Russian troops are in Ukraine, not as volunteers, as the rebel commander in Donetsk would have the world believe, but in units equipped with mobile artillery and heavy military equipment.” Their only cited source for that statement is “a senior NATO officer.” But should anyone take as a source, on that type of matter, either an anonymous U.S.-NATO official, or an anonymous Russian official? That’s hardly an unprejudiced “source,” in either case — and it’s their only source on this. Continue reading »
Tags: Barack Obama, BBC, CIA, Corporate Media, Economy, EU, Europe, Global News, Government, Military, NATO, New York Times, Obama administration, Politics, propaganda, Russia, U.S., Ukraine, Vladimir Putin
– New York Times Says “Lack Of Major Wars May Be Hurting Economic Growth” (ZeroHedge, June 14, 2014):
It is no secret that as the Fed’s centrally-planned New Normal has unfolded, one after another central-planner and virtually all economists, have been caught wrong-footed with their constant predictions of an “imminent” economic surge, any minute now, and always just around the corner. And yet, nearly six years after Lehman, five years after the end of the last “recession” (even as the depression for most rages on), America is about to have its worst quarter in decades (excluding the great financial crisis), with a -2% collapse in GDP, which has been blamed on… the weather.
That’s right: economists are the only people who will look anyone in the eye, and suggest that it was harsh weather that smashed global trade, pounded retail sales (in the process freezing the internet because people it was so cold nobody shopped online), and even with soaring utility usage and the Obamacare induced capital misallocation still led to world’s largest economy to a 5% plunge from initial estimates for 3% growth in Q1. In other words, a delta of hundreds of billion in “growth lost or uncreated” due to, well, snow in the winter. Continue reading »
“We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years.
It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”
– David Rockefeller, Bilderberg meeting 1991
“There is no such thing, at this date of the world’s history, in America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinion out of the paper I am connected with. Others of you are paid similar weekly salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of my paper, before twenty-four hours my occupation would be gone. The business of the journalists is to destroy the truth; to lie outright; to pervert; to vilify; to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it, and what folly is this toasting an independent press? We are the tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities, and our lives are all the property of other men. We are intellectual prostitutes.”
– John Swinton, former New York Times Chief of Staff
Pulitzer Prize winner explains how to fix journalism, saying press should ‘fire 90% of editors and promote ones you can’t control’
– Seymour Hersh on Obama, NSA and the ‘pathetic’ American media (Guardian, Sep 27, 2013):
Seymour Hersh has got some extreme ideas on how to fix journalism – close down the news bureaus of NBC and ABC, sack 90% of editors in publishing and get back to the fundamental job of journalists which, he says, is to be an outsider.
It doesn’t take much to fire up Hersh, the investigative journalist who has been the nemesis of US presidents since the 1960s and who was once described by the Republican party as “the closest thing American journalism has to a terrorist”.
He is angry about the timidity of journalists in America, their failure to challenge the White House and be an unpopular messenger of truth.
Don’t even get him started on the New York Times which, he says, spends “so much more time carrying water for Obama than I ever thought they would” – or the death of Osama bin Laden. “Nothing’s been done about that story, it’s one big lie, not one word of it is true,” he says of the dramatic US Navy Seals raid in 2011.
Hersh is writing a book about national security and has devoted a chapter to the bin Laden killing. He says a recent report put out by an “independent” Pakistani commission about life in the Abottabad compound in which Bin Laden was holed up would not stand up to scrutiny. “The Pakistanis put out a report, don’t get me going on it. Let’s put it this way, it was done with considerable American input. It’s a bullshit report,” he says hinting of revelations to come in his book.
– NY Times Admits: Al-Qaeda Terror Threat Used to “Divert Attention” from NSA Uproar (Liberty Blitzkrieg, Aug 5, 2013):
Some analysts and Congressional officials suggested Friday that emphasizing a terrorist threat now was a good way to divert attention from the uproar over the N.S.A.’s data-collection programs, and that if it showed the intercepts had uncovered a possible plot, even better.
– NY Times article from August 2, 2013: Qaeda Messages Prompt U.S. Terror Warning
Nothing about the above quote should surprise any of my readers, we all know the sick, twisted mindset of those involved in the Military-Industrial-Wall Street complex. What’s more shocking is the fact that these folks so openly admit it to the New York Times, albeit in a typical anonymous and cowardly fashion. Let’s not forget what Robert Shapiro, former Clinton official and Obama supporter told the FT in July 2010:
The bottom line here is that Americans don’t believe in President Obama’s leadership. He has to find some way between now and November of demonstrating that he is a leader who can command confidence and, short of a 9/11 event or an Oklahoma City bombing, I can’t think of how he could do that.
I discussed the above quote and related topics in my 2010 piece: The Dangers of a Failed Presidency. Well, if Mr. Shapiro thinks President Obama didn’t have credibility in 2010, one can only imagine what he thinks today. That is precisely what makes the current moment so extraordinarily dangerous.
From the New York Times:
WASHINGTON — The United States intercepted electronic communications this week among senior operatives of Al Qaeda, in which the terrorists discussed attacks against American interests in the Middle East and North Africa, American officials said Friday.
It is unusual for the United States to come across discussions among senior Qaeda operatives about operational planning — through informants, intercepted e-mails or eavesdropping on cellphone calls. So when the high-level intercepts were collected and analyzed this week, senior officials at the C.I.A., State Department and White House immediately seized on their significance. Members of Congress have been provided classified briefings on the matter, officials said Friday.
– The Golden Cycle (Euro Pacific Capital, July 1, 2013, by Peter Schiff):
The New York Times had the definitive take on the vicious sell off in gold. To summarize one of their articles:
Two years ago gold bugs ran wild as the price of gold rose nearly six times. But since cresting two years ago it has steadily declined, almost by half, putting the gold bugs in flight. The most recent advisory from a leading Wall Street firm suggests that the price will continue to drift downward, and may ultimately settle 40% below current levels.
The rout says a lot about consumer confidence in the worldwide recovery. The sharply reduced rates of inflation combined with resurgence of other, more economically productive investments, such as stocks, real estate, and bank savings have combined to eliminate gold’s allure.
Although the American economy has reduced its rapid rate of recovery, it is still on a firm expansionary course. The fear that dominated two years ago has largely vanished, replaced by a recovery that has turned the gold speculators’ dreams into a nightmare.
This analysis provides a good representation of the current conventional wisdom. The only twist here is that the article from which this summary is derived appeared in the August 29, 1976 edition of The New York Times. At that time gold was preparing to embark on an historic rally that would push it up more than 700% a little over three years later. Is it possible that the history is about to repeat itself?
– New York Times Op Ed: “Let’s Give Up on the Constitution” (Liberty Blitzkrieg Blog, Jan 2, 2013):
This New York Times Op Ed by Louis Michael Seidman, a constitutional law professor at Georgetown University, is one of the most absurd and dangerous articles I have read in a very long time. This guy’s incredible conclusion is that it is the Constitution of the United States itself that is causing all that ails the nation at this time. Not once did I read about the Federal Reserve, or the “war on terror,” or the banker bailouts, or the complete destruction of the rule of law in recent years. Nope, none of that. Instead, this scholar’s conclusion is that the founding document, which created the fertile breeding ground for freedom and free markets and led to tens of millions of people to flee to from all corners of the globe, is the problem.
I suppose someone failed to remind Mr. Seidman that the oath of office for the military and those that hold political office continues to be:
I do solemnly swear that I will support and defend the Constitution of the United States against all enemies, foreign and domestic.
As I have said for years, a key part of the macro agenda of the corrupt elite has been and continues to be the destruction of the U.S. Constitution. While the Bill of Rights is already being dismantled behind the scenes, Mr. Seidman is part of the effort to “sell” this concept to the sheeple as I noted in my article: Here We Go…Slate Magazine Bashes the First Amendment. I expect more of this type of propaganda going forward.
From the New York Times:
As the nation teeters at the edge of fiscal chaos, observers are reaching the conclusion that the American system of government is broken. But almost no one blames the culprit: our insistence on obedience to the Constitution, with all its archaic, idiosyncratic and downright evil provisions.
This is not to say that we should disobey all constitutional commands. Freedom of speech and religion, equal protection of the laws and protections against governmental deprivation of life, liberty or property are important, whether or not they are in the Constitution. We should continue to follow those requirements out of respect, not obligation.
– Busted! Co-author of Stanford study that bashed organics found to have deep ties to Big Tobacco’s anti-science propaganda (Natural News, Sep 7, 2012):
(This article is jointly authored by Mike Adams of NaturalNews.com and Anthony Gucciardi of NaturalSociety.com) Over the last several days, the mainstream media has fallen for an elaborate scientific hoax that sought to destroy the credibility of organic foods by claiming they are “no healthier” than conventional foods (grown with pesticides and GMOs). NaturalNews has learned one of the key co-authors of the study, Dr. Ingram Olkin, has a deep history as an “anti-science” propagandist working for Big Tobacco. Stanford University has also been found to have deep financial ties to Cargill, a powerful proponent of genetically engineered foods and an enemy of GMO labeling Proposition 37.
The New York Times (http://www.naturalnews.com/037094_Roger_Cohen_New_York_Times_organic_…), BBC and all the other publications that printed stories based on this Stanford study published in the Annals of Internal Medicine (http://annals.org/article.aspx?articleid=1355685) have been victims of an elaborate scientific hoax carried out by corporate propagandists posing as “scientists.”
The evidence we show here (see below) demonstrates how this study was crafted under the influence of known anti-science fraudsters pushing a corporate agenda. Just as Big Tobacco sought to silence the emerging scientific evidence of the dangers of cigarette smoke, the biotech industry today is desperately seeking to silence calls for GMO labeling and honest, chemical-free food. The era is different, but the anti-science tactics are the same (and many of the quack science players are the same!). Continue reading »
– Do you buy organic food? New York Times writer calls you a delusional cult member suckered into a ‘fable’ (Natural News, Sep 6, 2012)
The assault on the organic industry is in full swing today, and it’s an attack not merely on the industry itself but an attack on your sanity. If you “believe” in organic foods and non-GMOs, you are about to be labeled a delusional conspiracy theorist.
How do I know that? Because the lying mainstream media is rolling out the idea that organics are a “fable,” a fairy tale myth. In one of the most idiotic, corporate-serving editorials I’ve ever seen, New York Times columnist Roger Cohen starts off with the title, “The Organic Fable.” He then goes on to call organics a false “ideology,” sort of a like a pseudoscientific cult.
He says, “Organic is a fable of the pampered parts of the planet — romantic and comforting,” and talks about how it has “a cult following.” (http://www.nytimes.com/2012/09/07/opinion/roger-cohen-the-organic-fab…)
– Now Is the Season for Japan (New York Times, March 22, 2012):
ONE bright early spring morning this month, I took myself to Ryoanji, the Kyoto temple that is home to the world’s most celebrated rock garden. There was not a single other foreigner in the place. Not even many Japanese were visible across the 120-acre compound (I’d scheduled my trip for spring break, when clamorous school tours are less in evidence).
So as I sat above the enigmatic presentation of 15 rocks, arranged with seeming randomness across a wide bed of raked sand, I could hear nothing but bird song from the cherry trees around me. A trickle of water from a thin bamboo chute issued into a stone basin around the corner, deepening as it intensified the silence. The characters around the basin said, “What you have is all you need.”
Stillness, spaciousness and undistractedness are what I had just then. Though foreign tourism to Japan as a whole plunged by 50 percent in the three months following the earthquake last March, as of January 2012 it was only 4 percent lower, according to the Japan National Tourism Organization.
Nevertheless, the quiet amplitude that is one of the special graces of Japan has a new resonance this year. On the surface, the country that greets someone arriving from San Francisco or New York tomorrow is startlingly similar to the place you would have seen two years ago, despite last year’s catastrophe. But deep down, Japan seems more vulnerable, and thus more wide open, than ever.
The 9.0 earthquake, tsunami and nuclear meltdown that hit the country on March 11, 2011, claimed almost 20,000 lives, overturned an economy that had already been foundering through 20 years of recession, and demoralized a citizenry dealing with one suicide every 17 minutes, a loss of direction, and what is now seven prime ministers in fewer than six years.
Yet it also highlighted the resilience, self-possession and community-mindedness that are so striking in Japan; suddenly, the country that had seemed to insist on its difference from the rest of the world could be seen in its more human, compassionate and brave dimensions. Japan has long been what the globally savvy magazine Monocle called, in a recent issue, “The World’s Most Charming Nation”; now it is also one of those most grateful for visitors.
The New York Times Co. said last night that it is notifying federal authorities of its plans to shut down the Boston Globe, raising the possibility that New England’s most storied newspaper could cease to exist within weeks.
After down-to-the-wire negotiations did not produce millions of dollars in union concessions, the Times Co. said that it will file today a required 60-day notice of the planned shutdown under the Worker Adjustment and Retraining Notification law.
The move could amount to a negotiating ploy to extract further concessions from the Globe’s unions, since the notice does not require the Times Co. to close the paper after 60 days. Talks between the two sides continued early today, wire services reported, after a midnight deadline to forge an agreement came and went. The threat of a shutdown puts the unions under fierce pressure to produce additional savings; the Boston Newspaper Guild promptly called the step a “bullying” tactic by the company.
Some industry observers have expressed skepticism that Times Co. Chairman Arthur Sulzberger Jr. would want his legacy to include the shuttering of the Globe, which his company bought in 1993.
But the Times Co. itself is under strong financial pressure. It recently mortgaged its new Manhattan headquarters, borrowed $250 million from a Mexican billionaire at 14 percent interest, laid off 100 newsroom staffers and cut salaries by 5 percent.
The New York Times Company plans to borrow up to $225 million against its mid-Manhattan headquarters building, to ease a potential cash flow squeeze as the company grapples with tighter credit and shrinking profits.
The company has retained Cushman & Wakefield, the real estate firm, to act as its agent to secure financing, either in the form of a mortgage or a sale-leaseback arrangement, said James M. Follo, the Times Company’s chief financial officer.
The Times Company owns 58 percent of the 52-story, 1.5 million-square-foot tower on Eighth Avenue, which was designed by the architect Renzo Piano, and completed last year. The developer Forest City Ratner owns the rest of the building. The Times Company’s portion of the building is not currently mortgaged, and some investors have complained that the company has too much of its capital tied up in that real estate.
On July 18, 2008 The New York Times published an article by Israeli-Jewish historian, Professor Benny Morris, advocating an Israeli nuclear-genocidal attack on Iran with the likelihood of killing 70 million Iranians – 12 times the number of Jewish victims in the Nazi holocaust:
” Iran ‘s leaders would do well to rethink their gamble and suspend their nuclear program. Barring this, the best they could hope for is that Israel ‘s conventional air assault will destroy their nuclear facilities. To be sure, this would mean thousands of Iranian casualties and international humiliation. But the alternative is an Iran turned into a nuclear wasteland.”
Morris is a frequent lecturer and consultant to the Israeli political and military establishment and has unique access to Israeli strategic military planners. Morris’ advocacy and public support of the massive, brutal expulsion of all Palestinians is on public record. Yet his genocidal views have not precluded his receiving numerous academic awards. His writings and views are published in Israel ‘s leading newspapers and journals. Morris’ views are not the idle ranting of a marginal psychopath, as witnessed by the recent publication of his latest op-ed article in the New York Times.