World Health Organization Responds to Pandemic Flu, Raises Alert Level

April 28, 2009

“In a widely anticipated emergency meeting today in response to the swine flu threat, the World Health Organization announced that it is raising its pandemic alert level to Phase 4 from Phase 3.” It’s the first time this has ever happened. Expect more quarantines in the days ahead: but “containment is no longer an option.”

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General Motors Goes For Broke, Offers Last Plan Before Bankruptcy

April 28, 2009

All the proposed deals come down to this last one: a nationalization with more than 50% taxpayer ownership of the failing carmaker, a plan condemned as “neither reasonable nor adequate” by bondholders forced to write off billions. Without a decision, they’ll settle this in the courtroom. Little hand says it’s time to rock and roll.

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CNN in Crisis: Middle Road Path Loses Right, Left, Ratings

April 28, 2009

As FOX News rules, MSNBC slips past CNN, whose “management disavows any struggles and says it is standing steadfast with its ‘no bias’ strategy.” In April, CNN ranked fourth: FNC had 668,000 viewers; MSNBC 300,000; CNN with only 271,000, behind HeadLineNews’ 277,000. CNN insists they’re just different kinds of networks. Yeah: ones with ratings.

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Monetarism Defiant: The Wise Old Woman Says the Feds Have it All Wrong

April 28, 2009

Anna Schwartz shares her thoughts on the economic meltdown. “Born in 1915 in New York, she can still be found nearly every day at her office in the National Bureau of Economic Research on Fifth Avenue, where she has been tirelessly gathering data since 1941.” And that knowledge fuels disagreements with Bernanke, Geithner, and Obama.

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No Gasoline Shortage, But Get Ready For Another Surge in Prices

April 28, 2009

“The price of oil and gas and the potential for future pricing are as badly hyped today as they were over the past four years.” Ed Wallace argues today’s global economic crisis is in every way larger than the late 1990s, but oil’s price has only increased during the period. Long hot summer, folks.

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Gentlemen and Gentlemen, Meet the Institution Formerly Known as Marriage

April 28, 2009

Jennifer Roback Morse argues that “The Iowa court’s recent decision does not simply broaden marriage, it radically changes its nature. While marriage previously served public purposes of attaching mothers and fathers to their children and one another, now marriage merely serves as affirmation of adult feelings.” But was government’s role in marriage so important?

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Swine Flu Brings About Important Question: Is Matt Drudge a National Hero?

April 28, 2009

“All the news” misses biggest story of the last 72 hours, but Matt Drudge doesn’t. Ryan Sager runs down the whys and wherefores of Drudge’s importance versus that of the New York Times. But is this really a sign of heroism, or just a reason why Drudge’s readership still thrives as Pinch’s folly sinks?

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Frightened Gotham Asks: Taxpayer Money Paying for Air Force One Photo Ops?

April 28, 2009

Some bright soul at the White House decides to send Air Force One lookalike (i.e. a real one, but without POTUS inside) to buzz New York City for a photo-op. Throughout apologies, they call it a “mission,” as if the plane was detailed to seek and destroy the Gotham bird population. Bad idea all around.

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14 Point Gap: Dueling Polls Far Apart on Obama Job Approval

April 27, 2009

Two new polls are 14 points apart regarding President Obama’s job approval. A Washington Post/ABC News poll (April 21-24, 1072 A) finds 69% approving of the way Obama is handling the job of president, while 55% say they approve in a new Marist poll (April 21-23, 975 RV).

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Another Mag Bites the Dust: Conde Nast Shutting Down Portfolio

April 27, 2009

Advertising is in a horrific crunch period and those of us with business models that rely on advertising dollars are well aware of the fact. Microsoft[‘s online division] lost $575 million last quarter because of it. Obviously, putting out a glossy print magazine comes with more overhead than running a blog or even an online-only […]

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