<![CDATA[Gawker: The Economist]]> http://cache.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: The Economist]]> http://gawker.com/tag/the economist http://gawker.com/tag/the economist <![CDATA[ The Greatest Depression, as Seen on the Covers of <i>The Economist</i> ]]> It's always fun to get slammed by a disaster and then to look back and discover that some people had been warning you about it forever. Well, The Economist has been publishing scary covers warning of DOOM for years, and they are compiled in a nifty slide show here. We've put together a tasty little sampler after the jump.


[via MagCulture]

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Gawker-5065684 Sun, 19 Oct 2008 16:01:00 EDT ian spiegelman http://gawker.com/index.php?op=postcommentfeed&postId=5065684&view=rss&microfeed=true
<![CDATA[ Katie Couric Honestly Reads <i>The Economist</i>, Unlike Certain People ]]> Although Sarah Palin said yesterday she was "impatient" and "annoyed" with Katie Couric's irrelevant questions about her book learnin' and whatnot, the CBS Evening News anchor wisely avoided firing any direct return fire when confronted with a camerman from TMZ, of all places. But it's all too easy to read — or invent? — meaning between Couric's lines, especially if you can successfully look past her usual smiling charm. Who might Couric be talking about when she says she doesn't "lie" about reading The Economist? Is "luckily I'm not running for vice president" some kind of swipe? It's harder to tell than you might think. Click the video icon to watch.

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Gawker-5059911 Tue, 07 Oct 2008 08:17:46 EDT Ryan Tate http://gawker.com/index.php?op=postcommentfeed&postId=5059911&view=rss&microfeed=true
<![CDATA[ Economy Implodes, Hilarity Ensues ]]> 03adco02-500.jpg" The Economist is spoofing the game Twister, distributing pizza boxes that improbably bear its name and sponsoring a performance of political satire by the Second City theatrical troupe ." [Times]

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Gawker-5058534 Fri, 03 Oct 2008 08:25:27 EDT Ryan Tate http://gawker.com/index.php?op=postcommentfeed&postId=5058534&view=rss&microfeed=true
<![CDATA[ Is There Money In International News? (No.) ]]> Ruh-roh, Kim Jong-Il is sick, what happens when he dies? Hell if we know!! And will we truly know tomorrow or whenever this guy gets back to the executive assistant charged with Explainer-ing it for Slate? Not really! As literary Tumblrer Keith Gessen pointed out while trying to make sense of the whole Ossetia mess, you know there's a redundant "inadequacy" to the international news in our dying newspapers when even bloggers with the attention spans of Piper Palin feel it. But isn't that because our dying newspapers have mostly killed their foreign bureaus because there's no money in it?

Yes! Which is why, as readers, we are happy these guys from Boston have founded the Politico of international news. (It is already poaching people from Politico.) And those newsroom cutbacks may enable Global News Enterprises LLC.* to put together a pretty strong team. From an announcement in March:

The Boston Globe foreign correspondent Charles M. Sennott leaves April 4 to become executive editor and VP for Global News Enterprises LLC, a new Boston-based website that launches next year to cover international news. Other contributors to the new site will include The New York Times Magazine contributing writer Scott Anderson, Times of London bureau chief Sam Kiley, Newsweek reporter Joshua Hammer and Newsday foreign reporter Matthew McAllester. The site will be led by New England Cable News founder Philip S. Balboni.

Since then we have heard they've added Meline Toumani, formerly of the Times Magazine** as a full-time staffer.

So what does it all mean? A gaping black money hole is what Denton predicts! International news, see, is the only sort of content less attractive to advertisers than politics***. And as we have pointed out before, Politico, despite all its trumpeted success, is still something of a mystery, business model-wise.

That said, the lead investor in Global News Enterprises LLC is a guy named Amos Hostetter who made a couple billion selling his cable company to Comcast. He isn't afraid to be service-y and may just feel like, since he made all that cash in the business that brought America The Hills he might as well throw a bone to the people still struggling to engage the four brain cells we have left.

To sum up, we don't know what will happen in North Korea or what will happen to the people who will try to explain it to us.

*Yeah, it is a worse name than Federal National Mortgage Association, for sure, but maybe they will think of a cute nickname when they go live?
**And also of being very beautiful, but that's totally irrelevant except inasmuch as this is Gawker we are talking about.
***'The Economist', of course, does great, mostly because it is so fucking expensive to subscribe to. Though I sometimes worry what would happen if someone founded the Craigslist of all those "Disaster Risk Reduction Advisor" and "Organisation & Governance International Secretariat Office" Help Wanted ads they run. Ha ha ha, they could call it "Formal Encounters."

Earlier: What Is 'Politico' Up To?

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Gawker-5047413 Tue, 09 Sep 2008 14:58:29 EDT Moe http://gawker.com/index.php?op=postcommentfeed&postId=5047413&view=rss&microfeed=true
<![CDATA[ Media Hated Hil's Flack ]]> If you're running for office, you really want your communiciations director to be at least respected by the journalists it is his or her job to manage. Hillary Clinton's flack was the oft-sweatered Howard Wolfson, who, it turns out now, was universally reviled. We already told you about how Vogue's Julia Reed called Wolfson "the most charmless human being on the planet." But Reed was not the only one who announced her hatred for Wolfson after the campaign ended! The Economist, while often subtly snide, is rarely so openly hostile as they were in their recent obit for the Clinton campaign:

The Clinton machine only exaggerated this problem. Mrs Clinton surrounded herself with familiar faces from her White House years—people like Mark Penn, her chief strategist, Terry McAuliffe, her chief fund-raiser, Howard Wolfson (one of the least helpful spokesmen this newspaper has ever encountered) and, of course, her husband.

Ouch. That is really not like them!

So now it can be told: the entire newsmedia turned against Hillary Clinton because they could not stand dealing with her communications director. Amusingly they also all hated her chief adviser Harold Ickes AND her chief strageist (slash pollster!) Mark Penn. But for some reason poor dumb Wolfson is the one they're all beating up on. Because Penn and Ickes give better quote, probably? Which is another reason Howard was a terrible flack. Sigh.

Let a thousand buck-passing stories of how the disintegration of the Clinton campaign was the fault of her coterie of incompetent aides bloom!

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Gawker-5019657 Wed, 25 Jun 2008 15:44:41 EDT Pareene http://gawker.com/index.php?op=postcommentfeed&postId=5019657&view=rss&microfeed=true
<![CDATA[ Teens' <i>Economist</i> Rap Less Uncomfortable Than One Might Suspect ]]> Two American 17-year-olds sampled podcasts from The Economist to create a rap song about the starchy British business magazine, and the limeys are atwitter. Writes the Guardian: "The rap will be music to the ears of Economist senior executives who are trying to broaden the appeal of the title beyond its traditional business readership." The song will certainly be more effective marketing than the magazine's terrifying childrens' ads. It's not entirely uncomfortable to listen to! Probably because the teens, Ike Edgerton of Chicago and Chris Misa, had already released two albums as the group Psikotic, focused on nerdcore-ish themes like the rise of China and "The McDonald's Corporation." Excerpt of their Economist rap, and links to a full MP3, after the jump.

Full MP3 via Bellicose Studio

[Guardian]

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Gawker-5007936 Tue, 06 May 2008 04:38:30 EDT Ryan Tate http://gawker.com/index.php?op=postcommentfeed&postId=5007936&view=rss&microfeed=true
<![CDATA[ New <em>Economist</em> Ads Target Kindergarten Demographic ]]> economistad3.jpegThe Economist, the smartest magazine in the world, may not be the smartest magazine in the world any more. Oh, the articles are just fine (we assume. We haven't read it since that free trial subscription ran out). We're basing our judgment on the magazine's new ad campaign. Which is utterly baffling. What, exactly, is the message here? Is the clown-and-stuffed-animal motif too clever for me to comprehend? Quite possible, but the campaign still reeks of a weeded college student breaking into the ad agency one night and replacing the real ads with these. Disturbing. Two full-sized pics of the inexplicable things [via Copyranter], below.

economistad.jpg

economistad2.jpg

?

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Gawker-387125 Mon, 05 May 2008 11:16:18 EDT Hamilton Nolan http://gawker.com/index.php?op=postcommentfeed&postId=387125&view=rss&microfeed=true
<![CDATA[ Even <i>Economist</i> Trying To Make News Funny ]]> Apparently no one can just deliver the damn news any more, straight, everyone has to try and be funny. First it was the Daily Show, then Colbert Report, then Fox's attempted conservative news satire and most recently CNN's planned comedy news show. Now the Economist, the starchy British magazine, has launched a site in collaboration with Chicago's Second City improv troupe.

All that's on the site at the moment is information about upcoming cartooning event, but the front page promises "a collaboration between The Economist and the legendary Second City comedy theatre to explore the role of humour and satire in politics."

[Economist's Art Of Satire]

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Gawker-5005196 Mon, 07 Apr 2008 23:27:13 EDT Ryan Tate http://gawker.com/index.php?op=postcommentfeed&postId=5005196&view=rss&microfeed=true
<![CDATA[ Smoking Bans: The Silent Killer ]]> The Economist—the most serious magazine in the world—argues today that America's smoking bans have killed untold numbers of innocent people. While bans on smoking in public places are in place theoretically to save us from ourselves, the piecemeal approach America has taken to instituting them has led to huge leaps in fatal accidents involving alcohol.

Researchers "found a smoking ban increased fatal alcohol-related car accidents by 13% in a typical county containing 680,000 people. This is the equivalent of 2.5 fatal accidents (equivalent to approximately six deaths). Furthermore, drunk-driving smokers have not changed their ways over time. In areas where the ban has been in place for longer than 18 months, the increased accident rate is 19%."

Accidents in one Pennsylvania county have gone up 26% since neighboring Delaware instituted its own smoking ban in 2002. The county between non-smoking Boulder and smoky Denver? Up 40%. Clearly we should reinstitute smoking everywhere and then ban cars, nationwide. [Economist]

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Gawker-375838 Thu, 03 Apr 2008 15:57:43 EDT Pareene http://gawker.com/index.php?op=postcommentfeed&postId=375838&view=rss&microfeed=true
<![CDATA[ World's Best Magazine Can't Get Site Name Back From Lazy Maryland Guy ]]> theeconomistmag.jpegThis is just the type of stupid internet thing that helps us keep the faith that the web is not yet a medium totally co-opted by corporate media powers such as Gawker: Highfalutin magazine of the gods The Economist lost a fight to gain control of the domain name TheEconomist.com, which for the past decade has been owned by some random IT guy in Maryland. And the best part is the guy does absolutely nothing worthwhile with the site. The magazine is stuck with Economist.com, even though they are a huge international media conglomerate with some of the most intellectual content in all of magazine publishing, and their opponent is a guy who says he wasn't even aware of the magazine's existence in 1996 when he registered the site (The Economist is 165 years old). That's what they get for only offering him $500 for the domain—the diverted web traffic is costing them lots more than that. So what does the proud owner of TheEconomist.com do with his valuable property? Below, an actual screengrab of the totally pointless thorn in the magazine's side.

theeconomist.jpeg

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Gawker-360355 Mon, 25 Feb 2008 10:28:52 EST Hamilton Nolan http://gawker.com/index.php?op=postcommentfeed&postId=360355&view=rss&microfeed=true
<![CDATA[ How To Tell If You're Poor ]]> poorppl.jpgRight in the heart of the Xmas-to-New Year's News Dead Zone, Mayor Bloomberg announced a sweeping change in the way New York City will measure poverty. The national standard remains tied, more or less, to the price of milk. Income and "annual cost of buying basic groceries" have determined who is poor in the US for four decades. Bloomberg would like to add other, more realistic standards—rent, utilities, child care—while taking into account "the value of financial assistance received, like housing vouchers or food stamps." Mike hopes this more exact method of defining who is the worst off compared to him will spread to the rest of the nation, and improve distribution of federal, state, and local aid. Also it will probably mean that there are a lot more poor people in New York than previously counted. Maybe you're one of them!

Some conservative critics are not happy with new standards for measuring poverty, as they could mean thousands more poor people begging them for nickels as they try to navigate the Bowery in their carriages, and beating these ragamuffin throngs back with the horsewhip may attract the negative attention of the local constabulary. But it is foolish not to count the myriad inflated cost of living expenses New York requires when figuring out which of its denizens are actually deserving of our limited supply of compassion and federal funds.

Meanwhile, those cross-pond small-L liberals at The Economist have decided on their very own standard for measuring inequality: consumption. This measure has the handy quality of making the inequality picture look really not so bad, all things (or rather, some politically motivated things) considered. Because in America, even the poor people have refrigerators. And as income inequality has risen, "consumption inequality has barely budged for several decades," according to some study. If we all have cars and TVs and 3 a.m. Chinese food, how unequal can our society even be! "A widescreen plasma television is lovely, but you do not need one to laugh at 'Shrek'." Because dead-eyed idiocy recognizes no class divide.

SO: either you're way poorer than previously thought, because your rent is ridiculous and your income is laughable, or you're perfectly well off you big baby because jeez, you have a laptop and home internet access and a cell phone and you're telling us you're impoverished?

Bloomberg Seeks New Way to Decide Who Is Poor [NYT]
Seeking a Better Measure of Inequality [WSJ]
The New (Improved) Gilded Age [Economist]

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Gawker-339710 Wed, 02 Jan 2008 15:32:36 EST Pareene http://gawker.com/index.php?op=postcommentfeed&postId=339710&view=rss&microfeed=true
<![CDATA[ When 'Time Out' Seemed Like A Lifeline ]]> fire islandRod Townsend records the gays in and around their natural environment of Fire Island and reports back. This is the time, and this is the record of the time. Put your hands over your eyes.

EXT. BAY BAR
The Sunday noon crowd at Bay Bar consists of those running in and out to get iced coffee products and those sitting at tables enjoying iced coffee products. VISORGAY, wearing olive drab cargo shorts and a navy mesh Nike visor, sits with TANKGAY, in olive drab cargo shorts and a robin's egg blue tank. They are at a prime table overlooking the harbor and the boardwalk that runs along it. Across the water, unidentifiable shrieks can be heard.

VISORGAY What is that noise?

TANKGAY
It's a kid.

VISORGAY
No, it's a dog.

TANKGAY
What kind of dog?

VISORGAY
An unhappy dog.

TANKGAY
I'll take an unhappy dog over an unhappy kid.

VISORGAY
What is with all the kids this year?

TANKGAY
I don't know, but they're everywhere.

VISORGAY
(In a radio announcer voice.) It's Kid's Day every Sunday in Fire Island Pines. That's right. Kids drink free.

TANKGAY
(Laughs.) Bring your kid and get a free bottle of WET!


NASTYPLASTY hops up the stairs and into Bay Bar. He wears over-sized sunglasses and thermal shorts with the words "Nasty Plasty" on the elastic band. They are cut off at the calf. The thermals are covered by leopard-print running shorts.
TANKGAY
Look at her!

VISORGAY
(In an affected Kimora Lee Simmons-esque accent.) She has got it going on!

TANKGAY
Obviously has a need to be the center of attention.


NASTYPLASTY darts in, comes out with an iced coffee product, and then runs down the stairs. At the same time a group of MIDDLEAGED GAYS in assorted polos and reading glasses gets up from a back table. They leave a stack of newspaper and magazines behind. TANKGAY goes to the abandoned table and takes the reading material to his table. TANKGAY takes the Economist; VISORGAY takes Time Out New York.

TANKGAY I never actually read this. I just listen to the podcasts while I'm on the treadmill. Sometimes I have to really pay attention because of the accent.

VISORGAY
The podcast is in British?

TANKGAY
Yeah. The other day. What was it? Oh. (Affects a British accent.) The American performing ah-tist, Fifty-Cent. Fiv. Tay. Cint. I'm like, "It's Fiddy. Fiddy!" (He looks at VISORGAY's Time Out.) Before I moved to New York, I used to think that was the best magazine.

VISORGAY
Which one?

TANKGAY
The one you're reading. When I lived outside New York, it seemed like a lifeline, but now I think it's just awful.

VISORGAY
Maybe it's because you live here now. Hmm. No. I think it's gone through a little downfall. Now it's just useful. It's a tool.


TANKGAY takes a Blackberry Pearl out of his pocket, and pushes several buttons.

TANKGAY My sister's kid. Modern. Can text message with the best of them. Told me about something his dog did.

VISORGAY
That's too much info. I read the first sentence of any text message and then I almost always just delete it.

TANKGAY
No wonder my phone isn't working right. All that downloading.

VISORGAY
Exactly. Delete, delete.


BOTH thumb through sections of Sunday's New York Times.

TANKGAY (He looks at The Week in Review section.) Do you know anyone in Minneapolis?

VISORGAY
No. Well. (Closes one eye and knits brows.) I don't know. I don't think so.

TANKGAY
Me either. It's cold there.

VISORGAY
It's cold here. Right? It's cold today.

TANKGAY
You probably got a little sun on your run. Did you bring your shirt?

VISORGAY
No. (He rubs his chest and very slightly tweaks his nipples.) I like the attention.


Previously: The Pines Party

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Gawker-286821 Tue, 07 Aug 2007 12:40:38 EDT Rod Townsend http://gawker.com/index.php?op=postcommentfeed&postId=286821&view=rss&microfeed=true
<![CDATA[ Here Comes 'The Gayconomist' ]]> EconomistLooking for work? Want to get in the ground floor of a can't-miss new idea? Your ticket may have already been stamped!
Seeking full charge Editor for new high-end, affluent gay weekly focused on mainstream politics, business, science, art, and sports, and gay sports and local culture.

The magazine is the gay version of The Economist mixed with New York Magazine, and will be started on a very small scale, but grown quickly into multiple national editions.

Candidates need to have degree from top college or university and an educational or work background in Politics and/or Business.

If no prior experience, candidate must prove capabilities in pre-interview.

So much to work with here. "Sports and gay sports!" (Go for it.) "The gay version of The Economist." Why not? Everyone copies it, how hard could it be to translate into gay? Add a snide, empty dash of New York magazine and there you are! If only we had a degree from a top college or university we'd be out of here so fast this whole blog would be dead air. Do let us know what capabilities you need to prove in that pre-interview, please. (And is it anal?)

Editor of new gay weekly - politics, business, science, sports [Craigslist]

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Gawker-267727 Mon, 11 Jun 2007 11:41:25 EDT abalk http://gawker.com/index.php?op=postcommentfeed&postId=267727&view=rss&microfeed=true
<![CDATA[ 'The Economist' to New York City: "You Are Neither Special Nor Good" ]]> sad%20apple.jpgThe latest issue of the most prestigious British rag this side of Hello! features a special report about cities, and guess what? They are more popular than ever. Turns out that starting around now (maybe a little while go, also maybe not yet) more than half the people on the planet live in cities for the first time in human history.

Think that's not important? Perhaps it's not. But neither are you, catdog! Way back in smaller times, about a hundred years ago, when only 13% of people enjoyed the sights and smells of urban life, city dwellers could take comfort in being among the lucky few. Now this fad of grouping populations in space, a leitmotif of human civilization for millennia, has gone utterly mainstream; that is to say, totally passé. When rebellious youngsters rebel now, they'll have to run from New York, to the sad stereotypicality of the suburbs in order to flout expectations and such. Maybe this is why kids like Park Slope now?

Adding insult to injury, the Economist's "Top 50 Most Livable Cities" list, compiled by the mysterious and frightening "Economist Intelligence Unit," indicates that Houston and Reykjavik are both better than New York. Also? Detroit!

The World Goes to Town [Economist]

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Gawker-260055 Sun, 13 May 2007 17:48:39 EDT lneyfakh http://gawker.com/index.php?op=postcommentfeed&postId=260055&view=rss&microfeed=true
<![CDATA[ 'The Economist' Salutes Anna Nicole Smith's Rack ]]> anna nicole smith
There were only two of them, but they made a whole frontage: huge, compelling, pneumatic. They burst out of tight red dresses—preferably red—or teased among feather boas, or flanked a dizzying cleavage that plunged to tantalising depths. These were celebrated, American breasts, engineered by silicon to be as broad and bountiful as the prairie. With them, a girl from nowhere—or from Houston, Texas—could do anything. The body behind them waxed and waned, sometimes stout as a stevedore's and sometimes almost waif-like, matching the little-girl voice; but the Breasts remained.
That's from Anna Nicole Smith's obituary in The Economist. Yes, you read that right: in The Economist. We don't even know why we bother.

Anna Nicole Smith [The Economist]

[Image: AP]

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Gawker-237345 Fri, 16 Feb 2007 11:20:43 EST abalk2 http://gawker.com/index.php?op=postcommentfeed&postId=237345&view=rss&microfeed=true
<![CDATA[ Media Bubble: Also, Something's Happening At 'Time' ]]> SP32-20070108-090741.jpg
  • What with everyone and their assistant editor decamping to that Allbritton online venture, the Times takes a closer look. And, at a quarter of a million dollars going to the two top slots, who wouldn't jump? [NYT]
  • Oh, man, we could not be more excited by the idea of a Cathy Horyn blog. Those Misshapes kids are dangerously underexposed as things stand now. [WWD]
  • NYT's Harvey Araton: "[W] e haven't quite figured out how to be as relevant as we can be." [SMG]
  • Nice Enemies List feature on Norman Mailer. [NYM]
  • We're not sure what Jack Shafer's on about in this article concerning the L.A. Times, but how can you not love a piece that starts, "Having neither shat nor gotten off the pot in Los Angeles..." [Slate]
  • Meet John Micklethwait, the sixteenth editor of The Economist. [Independent]

    ]]> Gawker-226896 Mon, 08 Jan 2007 09:40:12 EST abalk2 http://gawker.com/index.php?op=postcommentfeed&postId=226896&view=rss&microfeed=true <![CDATA[ Breaking: John Micklethwait is New 'Economist' Editor ]]> 20060323mickle.jpgThis report just in, from a source who assures us he knows of what he speaks:

    The new Economist editor is John Micklethwait, the dashing heartthrob of the Economist's "Tower" in London, and an all-around good guy. Just decided by the board in London; heard about this from two staff members via IM.

    Micklethwait has been the magazine's U.S. editor since 1999, and we're told he beat out other candidates including business editor Ed Carr, deputy editor Emma Duncan, and Clive Crook, the former deputy editor who decamped to The Atlantic.

    UPDATE: OK, now there's been a press release and coverage and everything. But if our stupid servers didn't take 20 minutes to post an item, we would have had this first. Really.

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    Gawker-162545 Thu, 23 Mar 2006 14:46:57 EST Jesse http://gawker.com/index.php?op=postcommentfeed&postId=162545&view=rss&microfeed=true
    <![CDATA[ Media Bubble: The Death of the Lowbrow, the Rise of the Very-Lower-Middlebrow ]]> • You can't even win in magazine publishing by appealing to the lowest common denominator, as tabloid king David Pecker is learning the hard way. [BusinessWeek]
    • You can win, though, by appealing to the just-better-than-lowest denominator, as Jann Wenner — and his Us staff of the cool girls — has learned the fun way. [WP]
    OK! America has the Britney baby pix, allegedly. It's amazing what a little scratch can get you. [Access Hollywood via MSNBC]
    • Oprah re-opens book club to works by contemporary authors. Jonathan Franzen is appalled. Then pleased. Then appalled again. [NYT]
    Economist gives free subscriptions to influential bloggers. We didn't get one, so take a guess who doesn't get a comments invitation. [Folio:]
    • New weekend WSJ is a "spectacular bellyflop," says William Powers. Come on, tell us what you really think. [National Journal]
    • "I'm a chiropodist," The Daily Show's Stephen Colbert tells his kids, according to the Times Mag. [E&P]

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    Gawker-127271 Fri, 23 Sep 2005 17:20:44 EDT Jesse http://gawker.com/index.php?op=postcommentfeed&postId=127271&view=rss&microfeed=true