Ha ha ha ha! With this clip, we're of course setting ourselves up to be pyred by cranky do-gooders demanding we be "balanced" if we're going to be political. Sorry, do-gooders, but we just can't find any footage of Barack Obama or Joe Biden so obviously ducking questions about what they read.
To quote Kathleen Parker: "If BS were currency, Palin could bail out Wall Street herself."
THE BATTLE FOR IDIOT BOX SUPREMACY "Fewer Americans are reading newspapers and are instead getting their news online, but television remains the leading source of news in the country, according to a survey released Sunday. Not surprisingly, younger people tend to get more of their news on the Internet, while older folks use traditional media such as television and newspapers, the Pew Research Center's biannual survey on news consumption habits said. … Pew found that the largest group of news consumers — 46 percent of those polled — have a 'heavy reliance' on television for their news at all times of the day. This group is the oldest, with a median age of 52, and least affluent, with 43 percent unemployed. They are unlikely to own a computer or go online for news."
TRIBUNE COMPANY CONTINUES DOWNWARD SPIRAL "How bad is the business outlook for Tribune Co.'s newspapers? Bad enough for the company to take a $3.8 billion goodwill writedown on the value of its newspaper assets, which include the Los Angeles Times, Chicago Tribune, Baltimore Sun and Orlando Sentinel. In all, Tribune saw a $4.5 billion loss in its second quarter, according to figures the company released Wednesday. The red ink was fueled by the newspaper writedown, costs associated with its sale of the Long Island-based newspaper Newsday to Cablevision and an 11% decline in revenues in its publishing division, or an $83 million drop from the same period last year to $701 million."
Sunday papers continue to be the most popular source of coupons: 53 percent of households clip coupons from the Sunday newspaper, as opposed to 35 percent from advertisements that arrive in the mail, the next most popular source.
PRINT PUBLICATIONS DIE LIKE THIS "For newspapers, the news has swiftly gone from bad to worse. This year is taking shape as their worst on record, with a double-digit drop in advertising revenue, raising serious questions about the survival of some papers and the solvency of their parent companies. … Executives at the Hearst Corporation say that one of their biggest papers, The San Francisco Chronicle, is losing $1 million a week. Over all, ad revenue fell almost 8 percent last year. This year, it is running about 12 percent below that dismal performance, and company reports issued last week suggested a 14 percent to 15 percent decline in May."
Editor
