Watching the New York Times wax coquettish on their worse-than-worthless non-core assets is like watching Courtney Love trying to sleaze her way into some free heroin. The Globe has an impossible labor situation and no future. Only an oligarch would even be remotely interested, and even then it would be a rather expensive, second-rate vanity to maintain.
you guys should really add a New York Times correction of the day section. From today's:
The Big City column on Saturday, about Sandra Fleming, a social worker for the Visiting Nurse Service of New York who visits her clients by motorcycle, misstated a slang term for a high-performance motorcycle. It is "crotch rocket," not "crash rocket."
@knewthewords: Agreed. No offense to the other local papers in the country, but the Boston Globe isn't, say, the Deseret News: the Pulitzer they won for investigating Bush's "signing statements" was well-deserved, and they were pretty instrumental in investigating the Catholic Church a few years before that. It's about as good a paper as any regional daily we have left.
I think the dearth of comments here is more indicative that we're all looking at the Globe as Dead Paper Walking, and thus won't invest more time on it.
It's nice that the Portfolio people are being paid through August. At least they will have a nice Summer!! Personally, I would prefer a lump sum so I could blow it all on a trip through Italy!!!
why don't they just shut it down? The concessions will just slow down the losses. It'll never be profitable again. Just leave boston.com, see if that works, and if not, shut it down too.
It's exactly like the Alamo. Everything eventually is, I know, but you see the troops boldly shooting and slugging while hordes of invaders pour over the walls and through the mission. There goes Davy Crockett, here lies Bowie, there the Denver Post, all fallen to the illiterate hordes.
Hopeless. Why, if the Tennesean had a good Texas bureau in place in 1835, Davy would never have left home.
@ChillbearLatrigue: These guys close themselves into a mission without a back door and fought on despite mad assured destruction, and you like them metaphors, and I'm odd?
@Tremonius: Here in Texas there's talk of another, more sinister version of the Alamo... less heroics... but we won't get into that. a) Because it would positively ruin the fabulous parallel you've conjectured, and b) again, as a Texan, I refuse to believe in anything but folkloric hero stories that inspire and motivate.
@aLostLady: Steinbeck said the secret parts of angels are leprous. So it is with all history. Vonnegut taught us the reason for all the furor of Texians; it was because slavery was forbidden in Mexico which meant they'd have to do their own valet parking. I'm also a Texan. Lived there until I could escape, at age 29. See, I was born and raised in a mission which had no back door ...
Grant stated clearly in his autobiog (TEN RULES FOR EFFECTIVE GENERALING!) as did Thoreau: the war with Mexico in '46 was to carve out slave states to balance the runaway free count north and west.
Of neither of these sad facts did I ever see the slightest hint in all my civics lessons back home. You, neither, I bet.
@ChillbearLatrigue: I try and remember what Lombordi said. That helps always. He was asked about the Cowboys, the Packers' opponent in the upcoming champeenship game. They have a really intricate offense. Yes, says Vince, they have a lot of formations, but they run the same plays from all of them.
Celebrities have sufficient interest for us here, but they run the same plays - drugs, mayhem, infidelity- as the proles would do had they the license. There are only so many options, which is why we think we've seen this movie before.
That Phoenix guy. He's odd. But I think maybe the interest is waning on that case.
@SidAndFinancy: Sid? Noooooooooooooooooo! I am taking the rest of the day off now. I have a long contemplative thinking montage ahead of me today which concludes on a pier.
@the supergoddess: @Astigmatism: @saythatscool: @SidAndFinancy: @Mike Jahn: Now now, us Red Sox and Yankees fans can get along just fine. Why, just the other day my sister saw a Red Sox fan at Yankee Stadium for the first exhibition game against the Cubs, and in exchange for having no physical violence visited upon him, he didn't bury an Ortiz jersey into concrete decking, causing the contractor to rip the floor up and re-do the whole damned thing at the probable expense of tens of thousands of taxpayer dollars! If that ain't detente or whatever it's called, I don't know what is.
Just one word of caution: The reported numbers about losses come from the NYT Co and are dodgy. There's no way the Globe is losing $50 million a year on the straight basis of operations. The NYT must be packing in other losses there to inflate the number--accelerated depreciation, debt service, etc. The news business is in bad shape to weather the downturn because of over paying for acquisitions and for loading up on debt. The straight business model is in bad shape. But the apocalypse has less to do with the web and more to do with the money men.
Try a sports metaphor. Some NFL owner in Florida, we'll call him Glazier, wants to be internationally known. So he finds a British football club that is publicly owned, then he goes to his favorite brokerage, says, gimme a billion or so for a sporting game. They do. He buys Manchester United. Escrow closes, at which point the debt is simply swung over to the books of that English football club.
Now, let's recap. Glazier is a bigtime owner of a major football team. The team itself has not changed at all, other than acquiring an owner utterly ignorant of its past, performance, prospects, and with him a billion dollar debt.
Now, it is reported that the reason the club is struggling is that the towel boys are unionized, but I know no more about business than Glazier does of soccer.
@happymisanthrope: You left out the best part: except for in the summer when flashing red means the Sox are rained out. It's my favorite Boston provincialism.
09/10/09
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09/10/09
07/24/09
The Big City column on Saturday, about Sandra Fleming, a social worker for the Visiting Nurse Service of New York who visits her clients by motorcycle, misstated a slang term for a high-performance motorcycle. It is "crotch rocket," not "crash rocket."
05/04/09
I'm glad the Globe is still living, even if it's on borrowed time.
05/04/09
05/04/09
04/28/09
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04/21/09
04/21/09
Not that I think a Slim takeover likely but why would "Patriotic Americans" not let that happen.
I can see many political and ideological reasons to oppose a Mexican oligarch ownership of the Times but not an any groups of nativism.
But to quickly correct myself, patriotism is not at all simply an appeal to nativism.
04/21/09
04/21/09
04/04/09
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04/04/09
Hopeless. Why, if the Tennesean had a good Texas bureau in place in 1835, Davy would never have left home.
04/04/09
04/04/09
My own hero of the Alamo is Moses Rose.
04/04/09
Remember the Alamo, indeed.
04/04/09
04/04/09
Grant stated clearly in his autobiog (TEN RULES FOR EFFECTIVE GENERALING!) as did Thoreau: the war with Mexico in '46 was to carve out slave states to balance the runaway free count north and west.
Of neither of these sad facts did I ever see the slightest hint in all my civics lessons back home. You, neither, I bet.
REMEMBER MOSES ROSE!
04/04/09
Celebrities have sufficient interest for us here, but they run the same plays - drugs, mayhem, infidelity- as the proles would do had they the license. There are only so many options, which is why we think we've seen this movie before.
That Phoenix guy. He's odd. But I think maybe the interest is waning on that case.
Thanks for your comment.
04/04/09
04/04/09
04/04/09
04/04/09
04/04/09
04/04/09
04/04/09
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04/04/09
04/04/09
04/05/09
BASEBALL is BACK!!! Go Yankeeeeeeeeeeeeeessssssss!!!!
04/05/09
04/04/09
04/04/09
Try a sports metaphor. Some NFL owner in Florida, we'll call him Glazier, wants to be internationally known. So he finds a British football club that is publicly owned, then he goes to his favorite brokerage, says, gimme a billion or so for a sporting game. They do. He buys Manchester United. Escrow closes, at which point the debt is simply swung over to the books of that English football club.
Now, let's recap. Glazier is a bigtime owner of a major football team. The team itself has not changed at all, other than acquiring an owner utterly ignorant of its past, performance, prospects, and with him a billion dollar debt.
Now, it is reported that the reason the club is struggling is that the towel boys are unionized, but I know no more about business than Glazier does of soccer.
04/04/09
04/05/09
04/04/09
04/04/09
04/04/09
04/04/09
Steady blue, clear view
Flashing blue, clouds due
Steady red, rain ahead
Flashing red, snow instead.
04/04/09