Tag: Business

Minions of Rupert Murdoch illegally hacked 3000 cellphone accounts

Seth Anderson2 Comments

Either Rupert Murdoch is too close a friend of most US media conglomerate CEOs, or else they are scared of incurring Murdoch’s wrath. What other explanation for the lack of coverage of the juicy Guardian UK scoop regarding Murdoch illegality?

But so far the Guardian, which last Wednesday broke the news of how two newspapers belonging to Rupert Murdoch illegally hacked into the mobile phone accounts of “two or three thousand” people, as well as “gaining unlawful access to confidential personal data, including tax records, social security files, bank statements and itemized phone bills [belonging to] Cabinet ministers, MPs, actors and sports stars” has the story pretty much to itself.

On the surface this is surprising. Here, after all, is a story that combines boldface names like Gwyneth Paltrow, Elle MacPherson, Nigella Lawson and George Michael with the official spokesman of the Conservative Party (Andy Coulson, media strategist for Tory leader David Cameron, was editor of the News of the World when the paper allegedly paid private investigators for access to the celebrities’ accounts) and Rupert Murdoch, the world’s most powerful media baron. The BBC put the story at the top of its world news lineup, and followed up the next day with a story about how some of famous targets were contemplating lawsuits. So why has the Guardian’s incredible scoop turned out to be a 2 day wonder?

[Click to continue reading  The Dog That Didn’t Bark]

Quite curious, no?

Rupert Murdoch’s News Group News papers has paid out more than £1m to settle legal cases that threatened to reveal evidence of his journalists’ repeated involvement in the use of criminal methods to get stories.

The payments secured secrecy over out-of-court settlements in three cases that threatened to expose evidence of Murdoch journalists using private investigators who illegally hacked into the mobile phone messages of numerous public figures as well as gaining unlawful access to confidential personal data, including tax records, social security files, bank statements and itemised phone bills. Cabinet ministers, MPs, actors and sports stars were all targets of the private investigators.

Today, the Guardian reveals details of the suppressed evidence, which may open the door to hundreds more legal actions by victims of News Group, the Murdoch company that publishes the News of the World and the Sun, as well as provoking police inquiries into reporters who were involved and the senior executives responsible for them.

[Click to continue reading Murdoch papers paid out £1m to gag phone-hacking victims | Media |The Guardian]

such as

When the high court last summer ordered the News of the World to pay damages to Max Mosley for secretly filming him with prostitutes, the paper was furious. In an angry leader column, it insisted that public figures must maintain standards. “It is not for the powerful and the influential to run to the courts to gag newspapers from publishing stories that are TRUE,” it said. “This is all about the public’s right to know.”

Even as those words were being published, lawyers and senior executives from News International’s subsidiary News Group were preparing to run to court to gag Gordon Taylor, the chief executive of the Professional Footballers’ Association, who was suing the News of the World for its undisclosed involvement in the illegal interception of messages left on his mobile phone.

By persuading the high court to seal the file and by paying Taylor more than £400,000 damages in exchange for his silence, News Group prevented the public from knowing anything about the hundreds of pages of evidence which had been disclosed in Taylor’s case, revealing potentially criminal behaviour by journalists on its payroll. It also protected some powerful and influential people from the implications of that evidence.

[Click to continue reading  Trail of hacking and deceit under nose of Tory PR chief guardian.co.uk ]

Red Light Night

names like:

Scotland Yard disclosed only a limited amount of its evidence to Taylor. The Guardian understands that the full police file shows that several thousand public figures were targeted by investigators, including, during one month in 2006: John Prescott, then deputy prime minister; Tessa Jowell, then responsible for the media as secretary of state for culture; Boris Johnson, then the Conservative spokesman on higher education; Gwyneth Paltrow, after she had given birth to her son; George Michael, who had been seen looking tired at the wheel of his car; and Jade Goody.

When Goodman, the News of the World’s royal editor, was jailed for hacking into the mobile phones of Palace staff, News International said he had been acting without their knowledge. One of the investigators working for the paper, Glenn Mulcaire, was also charged with hacking the phones of the Lib Dem MP Simon Hughes, celebrity PR Max Clifford, model Elle MacPherson and football agent Sky Andrew as well as Taylor. At the time, the News of the World claimed to know nothing about the hacking of these targets, but Taylor has now proved that to be untrue in his case. Others who are believed to have been possible targets include the Scottish politician Tommy Sheridan, who has previously accused the News of the World of bugging his car; Jeffrey Archer, whose perjury was exposed by the paper; and Sven-Göran Eriksson, whose sex life became a tabloid obsession.

Talking Points Memo Will Expand Staff

Seth Anderson0 comment

Good news, as TPM is one of the best blogs out there, and one of the few that consistently does its own reporting in addition to sifting through the political reporting of others. Very high signal to noise ratio1

The political news Web site Talking Points Memo this weekend completed a round of investment, of $500,000 to $1 million. The move is intended to increase the number of employees, to roughly 20, from the current 11, in the next 10 months.

The financing is the first part of a three-year plan to increase the site’s staff to 60 employees, Joshua Micah Marshall, the site’s founder, said in an interview at his offices on West 20th Street in New York.

He would not identify his investors, who he said were angel investors, not venture capitalists. One name that has been made public is that of Marc Andreessen, who is investing personally, not on behalf of his new venture capital fund.

“We could have gotten a higher dollar amount — I didn’t think we needed it — but it would have come with strings attached,” Mr. Marshall said. “It would not have been best for the site.”

[From Investment Will Expand Staff at Talking Points Memo – NYTimes.com]

Footnotes:
  1. as opposed to webzines like the Huffington Post which can’t decide if it wants to be a tabloid or a serious journal [↩]

Chicago Children’s Museum move stalls out

Seth Anderson2 Comments

About a year ago, we had a flurry of posts opposing the move1 /2 /3 /4 /5 /6 /7 of the Chicago Children’s Museum from Navy Pier to a semi-subterranean location in a corner of Grant Park.

Daley Bicentennial Plaza

Just a year after winning hard-fought City Council permission to move to Grant Park, the Chicago Children’s Museum has hit a financial wall, raising a real prospect that its highly controversial new facility in the park’s northeast corner may never be built.

A moribund economy now may have a better chance of blocking the project than lawsuits by parks activists and neighborhood opponents. Fundraising has foundered while projected costs have climbed by tens of millions to $150 million or more, Crain’s has learned. Sources close to the project say odds now are 50-50 at best that the Grant Park plan will proceed.

As a result, the museum is considering its options, including downsizing the proposed facility, getting a cash infusion from the Chicago Park District or extending the lease on its current space at Navy Pier as far as 2025.

…

Museum board Chairman Gigi Pritzker, who was not available for comment, could tap her personal fortune to bail out the project, were she so inclined. But short of that, signs are multiplying that the proposed facility is turning into one more headache for Mayor Richard M. Daley, who spent considerable political capital pushing the museum plan through the council in June 2008 over the opposition of the local alderman, Brendan Reilly (42nd).

According to the museum’s latest available income-tax return, filed in May with Illinois Attorney General Lisa Madigan’s charitable trust division, the museum had $28.1 million in “pledges receivable” as of June 30, 2008 — just $1 million more than it did a year earlier. Much of that is believed to be a continuing naming-rights commitment for the proposed facility from Northbrook-based Allstate Corp., which says it still backs the project.

[Click to read more details of Museum move stalls out | Crain’s Chicago Business]

Of course, wealthy heiress Gigi Pritzker could fund the construction out of her own vast wealth should she choose to, since she was one of the driving forces behind the whole fiasco, but the whole point was to get taxpayers to pay for the museum’s new location. Kind of like one of those sports stadium deals we fulminate against now and then. The Chicago Children’s Museum is a private museum, thus any profits collected will remain in the museum, and not the City of Chicago.

Footnotes:
  1. for instance: Setback for the CCM juggernaut [↩]
  2. or: Fight for Chicago’s treasured lakefront [↩]
  3. or: Subterranean museum [↩]
  4. or: The Grant Park land-grab [↩]
  5. or: Chicago astroturf alert [↩]
  6. or: Keep childrens museum out of Grant Park [↩]
  7. or: Daley vs Reilly [↩]

Dan Froomkin hired by The Huffington Post

Seth Anderson0 comment

As expected, Dan Froomkin, after being unceremoniously fired by the Washington Post, landed a new high-profile gig: The Huffington Post. According to Glenn Greenwald, Dan Froomkin will have a staff of four reporters, an assistant editor, and will publish at least two articles a week for The Huffington Post’s front page section.

Benjamins back

Though the precise reasons for Froomkin’s firing by The Post remain unclear, there’s no question that his penchant for aggressively criticizing establishment media behavior escalated tensions. In recent months, The Post spiked columns of his that contained pointed media critiques. In the wake of his firing, Post defenders misleadingly focused on (and then rebutted) the obvious strawman argument that Froomkin was fired for being “liberal.” But that, in fact, was something virtually nobody claimed.  Instead, it was Froomkin’s practice of exposing the corrupt practices of establishment journalists (both by his words and deeds) that made him such a unique presence at The Post. Pioneering press critic Bob Somerby put it this way:

Dan Froomkin criticizes the press corps. In the press corps, if you’re a liberal, that just isn’t done. . . . If there’s one thing you’ll never see [E.J.] Dionne or [Eugene] Robinson do, it’s criticize their cohort—the coven, the clan. . . But in the mainstream press corps, liberals don’t discuss the mainstream press. That’s the price of getting those (very good) jobs. It’s also the price of holding them.

Indeed, nothing eliminates the possibility of establishment journalist jobs more quickly or decisively than criticizing the establishment media as being too sycophantic to political power, manipulated by the Right, and, in general, slothfully devoted to doing nothing other than uncritically repeating what “both sides” say (by stark contrast, the tired right-wing grievance about The Liberal Media is not just permitted but welcomed; Bill Kristol spent years depicting The New York Times as an anti-American, Terrorist-loving beacon of left-wing bias, only to be hired by them as a full-time columnist, while right-wing polemicists who voice similarly trite claims about the media — Charles Krauthammer, Jonah Goldberg, Bill Bennett — are routinely heard in the very venues they attack). As Brad DeLong documented in a thorough retrospective on Froomkin’s firing, the first attempt at The Post to remove Froomkin from his status as “reporter” was driven by right-wing complaints that the content of his column was inappropriate for a reporter.

[Click to read more Dan Froomkin hired by The Huffington Post – Glenn Greenwald – Salon.com]

Benjamins

I can’t claim to be an unequivocal fan of the Huffington Post business model, but at least they are trying. I hope Arianna Huffington will allow Froomkin the free reign to criticize the Washington press that his beat requires, despite Ms. Huffington being so chummy with so many of them.

Also, will there be a customized Froomkin RSS feed? I’ve tried subscribing to The Huffington Post’s RSS feed before, and soon was overwhelmed with way more information than my brain could handle.

The Washington Post – Turning Tricks to Pay Bills

Seth Anderson0 comment

Whoa, talk about good timing for Dan Froomkin. Who would want to be employed by such a corrupt and venal organization as the Washington Post?

The Washington Post died today. It was five months short of its 132nd birthday.

News of the demise of the once-great news gathering organization came in a story by Mike Allen at Politico.com, which reported that Post publisher Katharine Weymouth has decided to solicit payoffs of between $25,000 and $250,000 from Washington lobbyists, in return for one or more private dinners in her home, where lucky lobbyists will receive a chance for “your organization’s CEO” to interact with “Health-care reporting and editorial staff members of The Washington Post” and “key Obama administration and congressional leaders …”

The decision by the Post’s publisher to sell access to government officials was the latest–and by far, the most horrific–in a series of disastrous decisions in the last two weeks which, taken together, have destroyed what was once one of the proudest finest brands in American journalism.

As news of the Politico story raced across the Internet this morning, former and present news executives inside and outside The Washington Post Company reacted with stunned horror. As Allen put it in his Politico story, “The offer which essentially turns a news organization into a facilitator for private lobbyist-official encounters is a new sign of the lengths to which news organizations will go to find revenue at a time when most newspapers are struggling for survival.”

[From The Washington Post: RIP | The Hillman Foundation]

800 crunches

The Washington Post has been running on NeoCon fumes for quite a while, but this is perhaps a final blow. Hopefully, anyway.

Long Tail theory not supported by facts

Seth Anderson2 Comments


“Long Tail, The, Revised and Updated Edition: Why the Future of Business is Selling Less of More” (Chris Anderson)

Funny, for all the press that Chris Anderson generated with his Long Tail book, I never heard that his thesis was actually refuted by some facts. Power of the Long Big Lie, presumedly.

The internet was supposed to bring vast choice for customers, access to obscure and forgotten products – and a fortune for sellers who focused on niche markets.

But a study of digital music sales has posed the first big challenge to this “long tail” theory: more than 10 million of the 13 million tracks available on the internet failed to find a single buyer last year.

The idea that niche markets were the key to the future for internet sellers was described as one of the most important economic models of the 21st century when it was spelt out by Chris Anderson in his book The Long Tail in 2006. He used data from an American online music retailer to predict that the internet economy would shift from a relatively small number of “hits” – mainstream products – at the head of the demand curve toward a “huge number of niches in the tail”.

However, a new study by Will Page, chief economist of the MCPS-PRS Alliance, the not-for-profit royalty collection society, suggests that the niche market is not an untapped goldmine and that online sales success still relies on big hits. They found that, for the online singles market, 80 per cent of all revenue came from around 52,000 tracks. For albums, the figures were even more stark. Of the 1.23 million available, only 173,000 were ever bought, meaning 85 per cent did not sell a single copy all year.

[Click to continue reading Long Tail theory contradicted as study reveals 10m digital music tracks unsold – Times Online ]

Turns out the Long Tail [wikipedia entry] received so much press because reporters wanted the theory to be true, and because Chris Anderson made a plausible case for it. Scientific Method, hunh, what is it good for, absolutely nothing (when it comes to selling books). I’ll say it again…

Mr Page and Mr Bud believe, however, that their findings seriously undermine Mr Anderson’s thesis, which came with subtitles such as: How endless choice is creating unlimited demand and Why the Future of Business is Selling Less of More.

“I think people believed in a fat, fertile long tail because they wanted it to be true,” said Mr Bud. “The statistical theories used to justify that theory were intelligent and plausible. But they turned out to be wrong. The data tells a quite different story. For the first time, we know what the true demand for digital music looks like.”

Mr Page, who carried out the economic modelling for Radiohead’s In Rainbows album, which was released free on the internet1, said: “The relative size of the dormant ‘zero sellers’ tail was truly jaw-dropping. Rather than continue to believe the selective claims of ‘here’s another great example of the long tail at work’, we wanted to find out how longtail markets should be analysed, plotted and interpreted.”

Footnotes:
  1. actually, pay as you wish. I paid $5 i think [↩]

Is Free the Future?

Seth Anderson5 Comments

The New York Times allowing one of its staff to advocate stealing images from Flickr is one thing, but Chris Anderson wants to expand upon that equation.


“Free: The Future of a Radical Price” (Chris Anderson)

Malcolm Gladwell of The New Yorker reviews Chris Anderson’s new tome to the mantra, information is going to be free, bitches, so relax and enjoy it.

At a hearing on Capitol Hill in May, James Moroney, the publisher of the Dallas Morning News, told Congress about negotiations he’d just had with the online retailer Amazon. The idea was to license his newspaper’s content to the Kindle, Amazon’s new electronic reader. “They want seventy per cent of the subscription revenue,” Moroney testified. “I get thirty per cent, they get seventy per cent. On top of that, they have said we get the right to republish your intellectual property to any portable device.” The idea was that if a Kindle subscription to the Dallas Morning News cost ten dollars a month, seven dollars of that belonged to Amazon, the provider of the gadget on which the news was read, and just three dollars belonged to the newspaper, the provider of an expensive and ever-changing variety of editorial content. The people at Amazon valued the newspaper’s contribution so little, in fact, that they felt they ought then to be able to license it to anyone else they wanted. Another witness at the hearing, Arianna Huffington, of the Huffington Post, said that she thought the Kindle could provide a business model to save the beleaguered newspaper industry. Moroney disagreed. “I get thirty per cent and they get the right to license my content to any portable device—not just ones made by Amazon?” He was incredulous. “That, to me, is not a model.”

Had James Moroney read Chris Anderson’s new book, “Free: The Future of a Radical Price” (Hyperion; $26.99), Amazon’s offer might not have seemed quite so surprising. Anderson is the editor of Wired and the author of the 2006 best-seller “The Long Tail,” and “Free” is essentially an extended elaboration of Stewart Brand’s famous declaration that “information wants to be free.” The digital age, Anderson argues, is exerting an inexorable downward pressure on the prices of all things “made of ideas.” Anderson does not consider this a passing trend. Rather, he seems to think of it as an iron law: “In the digital realm you can try to keep Free at bay with laws and locks, but eventually the force of economic gravity will win.” To musicians who believe that their music is being pirated, Anderson is blunt. They should stop complaining, and capitalize on the added exposure that piracy provides by making money through touring, merchandise sales, and “yes, the sale of some of [their] music to people who still want CDs or prefer to buy their music online.” To the Dallas Morning News, he would say the same thing. Newspapers need to accept that content is never again going to be worth what they want it to be worth, and reinvent their business. “Out of the bloodbath will come a new role for professional journalists,” he predicts, and he goes on:

There may be more of them, not fewer, as the ability to participate in journalism extends beyond the credentialed halls of traditional media. But they may be paid far less, and for many it won’t be a full time job at all. Journalism as a profession will share the stage with journalism as an avocation. Meanwhile, others may use their skills to teach and organize amateurs to do a better job covering their own communities, becoming more editor/coach than writer. If so, leveraging the Free—paying people to get other people to write for non-monetary rewards—may not be the enemy of professional journalists. Instead, it may be their salvation.

[Click to continue reading Malcolm Gladwell reviews Free by Chris Anderson: Books: The New Yorker]

After the Revolution is Over
[After the Revolution is Over]

So is it true? Are paid content creators going to be the 21st century version of hansom cab drivers? I’m still not convinced. If I have the choice, I’d rather pay The New Yorker for a subscription to their magazine1 so they can pay writers like Malcolm Gladwell instead of paying nothing and reading hacks like the writers of B12 Partners Solipsism on my kindle-like device. I would not assert there are zero non-hack writers who write for free, but if one made a list of all the blog writers who do their own original reporting without relying on the resources of paid journalists and journalistic institutions, the list would be surprisingly short. Especially since billmon retired.

Ballad of the West Loop - Kodachrome version
[Ballad of the West Loop – Kodachrome version]

Malcolm Gladwell is skeptical as well:

Anderson is very good at paragraphs like this—with its reassuring arc from “bloodbath” to “salvation.” His advice is pithy, his tone uncompromising, and his subject matter perfectly timed for a moment when old-line content providers are desperate for answers. That said, it is not entirely clear what distinction is being marked between “paying people to get other people to write” and paying people to write. If you can afford to pay someone to get other people to write, why can’t you pay people to write? It would be nice to know, as well, just how a business goes about reorganizing itself around getting people to work for “non-monetary rewards.” Does he mean that the New York Times should be staffed by volunteers, like Meals on Wheels? Anderson’s reference to people who “prefer to buy their music online” carries the faint suggestion that refraining from theft should be considered a mere preference. And then there is his insistence that the relentless downward pressure on prices represents an iron law of the digital economy. Why is it a law? Free is just another price, and prices are set by individual actors, in accordance with the aggregated particulars of marketplace power. “Information wants to be free,” Anderson tells us, “in the same way that life wants to spread and water wants to run downhill.” But information can’t actually want anything, can it? Amazon wants the information in the Dallas paper to be free, because that way Amazon makes more money. Why are the self-interested motives of powerful companies being elevated to a philosophical principle? But we are getting ahead of ourselves.

Keep reading

Footnotes:
  1. as I have done for nearly 2 decades [↩]

ASCAP Has Lost Its Fraking Mind

Seth Anderson2 Comments

ASCAP (American Society of Composers, Authors and Publishers) has discovered a new business model: demanding payment for ringtones. Would be very surprised if the public ridicule of their new bold assertion doesn’t ring out from every quarter. Ridiculous.

Cell phone-iphile

[ASCAP’s] latest move is to claim that legally purchased ringtones on mobiles phones, playing in public places, represents a public performance for which it is owed royalties. Songwriters and music publishers already are paid royalties on ringtone purchases, but ASCAP is claiming that buying the file is entirely different than “the performance” (i.e., the phone ringing).

In the EFF’s response to ASCAP, it notes that copyright law makes a specific exemption for performances made “without any purpose of direct or indirect commercial advantage.” ASCAP counters that even if that’s true, only the owners of mobile phones can make that assertion, but the mobile operators (AT&T, Verizon, Sprint, etc.) still need to pay up for performance rights because they are commercial entities, even if the use of the phones is not. The EFF goes on to point out how this reasoning does not mesh with the law, the case law, or the intended purpose of copyright.

On top of this, even if, in some bizarre, twisted interpretation of the law, a ringtone playing on a phone was a public performance, how would it be the mobile operators’ liability to pay? That would be like saying that Apple should pay ASCAP royalties because songs it sells on iTunes could potentially be played through speakers publicly somewhere. Perhaps I shouldn’t be giving ASCAP ideas…

[From ASCAP Now Claiming That Your Mobile Phone Ringing Is A Public Performance | Techdirt]

Morons.

Amazon Threatens Cuts Over State Taxes

Seth Anderson1 Comment

Hey, Illinois legislators, don’t do this, ok?

Darth Vader

Cash-strapped states trying to force retailers to collect taxes on online sales are spurring efforts by Internet retailer Amazon.com Inc. to avoid being swept under the proposed laws.

North Carolina is close to passing a law that would force online retailers to collect the state’s 4.5% sales tax from marketing affiliates, people who get a sales commission from online customer referrals. Amazon, of Seattle, Wash., told its North Carolina marketing affiliates on Wednesday that it would stop doing business with them by July 1 if the law takes effect. Cutting the affiliates would enable Amazon to avoid collecting tax on sales in the state.

“We believe the way North Carolina is going about collecting the sales tax is unconstitutional,” said Amazon spokeswoman Patty Smith. “It isn’t appropriate for us to have to comply with an unconstitutional burden.”

[Click to continue reading Amazon Threatens Cuts Over State Taxes – WSJ.com]

I don’t make much money on Amazon affiliate linkages, but I make enough to pay for my hosting fees, and would be quite saddened if that revenue stream dried up. North Carolina ought to stop subsidizing tobacco farmers if they are so concerned with their budget.

Idiots running Washington Post fires its best columnist

Seth Anderson1 Comment

Sorry to hear that Dan Froomkin (a frequent source of material for this blog, and many others) has been fired.

Glenn Greenwald speculates it might be because of the whiny-titty-ass-baby, Charlie Krauthammer complaining.

Charles Krauthammer last night said that Obama critics on Fox News are “a lot like [Hugo Chavez’] Caracas where all the media, except one, are state run.” But right-wing polemicists like Krauthammer are all over the media.

…

In addition to his Rupert Murdoch perch at Fox, Krauthammer remains as a regular columnist at the Post, alongside fellow right-wing Obama haters such as Bill Kristol, George Will, Jim Hoagland, Michael Gerson and Robert Kagan — as well as a whole bevy of typical, banal establishment spokespeople who are highly supportive of whatever the permanent Washington establishment favors (David Ignatius, Fred Hiatt, Ruth Marcus, David Broder, Richard Cohen, Howie Kurtz, etc. etc.). And that’s to say nothing of the regular Op-Ed appearances by typical Krauthammer-mimicking neoconservative voices such as John Bolton, Joe Lieberman, and Douglas Feith — and the Post Editorial Page itself. “Caracas” indeed.

Notably, Froomkin just recently had a somewhat acrimonious exchange with the oh-so-oppressed Krauthammer over torture, after Froomkin criticized Krauthammer’s explicit endorsement of torture and Krauthammer responded by calling Froomkin’s criticisms “stupid.” And now — weeks later — Froomkin is fired by the Post while the persecuted Krauthammer, comparing himself to endangered journalists in Venezuela, remains at the Post, along with countless others there who think and write just like he does:  i.e., standard neoconservative pablum. Froomkin was previously criticized for being “highly opinionated and liberal” by Post ombudsman Deborah Howell (even as she refused to criticize blatant right-wing journalists).

All of this underscores a critical and oft-overlooked point:  what one finds virtually nowhere in the establishment press are those who criticize Obama not in order to advance their tawdry right-wing agenda but because the principles that led them to criticize Bush compel similar criticism of Obama.

[Click to continue reading The Washington Post fires its best columnist. Why? – Glenn Greenwald – Salon.com]

Nothing Can Go Wrong in Blue

From my humble experience, the only reason I ever (and I mean ever) visited the Washington Post was to read Dan Froomkin’s column, then to read his blog. I guess I’m the wrong demographic for Washington Post, I’m unabashedly liberal, educated, technologically savvy, and even (shudder) bourgeois, by income if not by mentality. The Washington Post is happy competing for conservative readers, and following the Washington Times Fox News model of all Republican news all the time. I trust Mr. Froomkin will land somewhere soon, and continue his responsible journalistic approach.

Dan Froomkin comments:

I’m terribly disappointed. I was told that it had been determined that my White House Watch blog wasn’t “working” anymore. But from what I could tell, it was still working very well. I also thought White House Watch was a great fit with The Washington Post brand, and what its readers reasonably expect from the Post online.

As I’ve written elsewhere, I think that the future success of our business depends on journalists enthusiastically pursuing accountability and calling it like they see it. That’s what I tried to do every day. Now I guess I’ll have to try to do it someplace else.

Krauthammer might have burst into tears when he read this article:

Charles Krauthammer, in his Washington Post opinion column this morning, tries to find loopholes for impermissible evil.

“Torture is an impermissible evil. Except under two circumstances,” he writes.

“The first is the ticking time bomb. An innocent’s life is at stake. The bad guy you have captured possesses information that could save this life. He refuses to divulge. In such a case, the choice is easy.”

Actually, no. The ticking time bomb scenario only exists in two places: On TV and in the dark fantasies of power-crazed and morally deficient authoritarians. In real life, things are never that certain. And trained interrogators say that even in the most extreme circumstances, traditional methods are the most effective.

Krauthammer continues: “Some people, however, believe you never torture. Ever. They are akin to conscientious objectors who will never fight in any war under any circumstances, and for whom we correctly show respect by exempting them from war duty. But we would never make one of them Centcom commander.”

Actually, no. They are normal people who share the post-World War II international consensus that “recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world.” Indeed, the idea of putting someone without a healthy respect for human rights at Centcom is abhorrent — unless of course you believe that human rights don’t matter.

[Click to continue reading White House Watch – Krauthammer’s Asterisks ]

After flaying Krauthammer a bit more, Mr. Froomkin concludes:

Precisely what members of Congress were told and how they responded should absolutely be a part of any thorough official investigation into the abuses of the Bush years. The enablers must be exposed as surely as the complicit. And members of Congress who knew what was happening and remained silent must be held to public account for their moral cowardice.

But their failure to speak out does not change the fundamental moral equation.

If the United States is to live up to its core values, if it is to once again be a beacon of human rights to the world and a champion of human dignity, then when it comes to torture — to impermissible evil, as Krauthammer himself puts it — there can be no asterisks.

Reading Around on June 10th through June 13th

swanksalot0 comment

A few interesting links collected June 10th through June 13th:

  • ESPN – OTL: Phil At Work – Jackson is not thinking about 10 rings. – He puts the players on alert with it. Trap now. Watch the double. Jump out on that screen-roll. See what the opponent is doing — read the floor. Its meaning shifts. It’s a text to be read, interpreted and acted upon.…His brother taught him the whistle when they were kids. Jackson used it to call his dog …when they were walking through the streets of his hometown of Williston, N.D. When he got to the NBA, and shouting stripped his voice, he turned to the whistle.”Now it’s the source of his power, in a way,” assistant coach Brian Shaw says. “If it were words he was shouting, you could hear them or not hear them, but with the whistle, he’s asking you to think, he’s putting it on you.”

    It’s equal parts advance and retreat, right? He commands attention, then backs off, maybe leans back in his courtside chair, even puts his hands in his lap. The whistle says he’s here and he has expectations, and at the same time it says he trusts you, believes you can do what needs doing.

  • Valassis Uses News America’s Own Clients Against in Trial; Feel the Wrath of Sara Lee! | BNET Advertising Blog | BNET – “Account reps for News America Marketing could face some uncomfortable meetings and phone calls with their clients over the next few weeks, because dozens of their clients’ names have been dragged into the ongoing Michigan state court trial in which the agency is accused of forcing its customers to take anti-competitive bundled deals on in-store promos and newspaper coupons.The News America clients named on just the first day of the trial were:

    Procter & Gamble, Unilever, Dial, S.C. Johnson, Georgia-Pacific, Campbells, Sara Lee, Pepsi, Church & Dwight, Johnson Family Co., Kraft, Coca-Cola, Conagra, Cadbury, Ocean Spray, Clorox, Novartis, Pfizer, Tropicana and Reckitt-Benckiser.”

  • Yes! 50 Scientifically Proven Ways to Be Persuasive « alex.moskalyuk – Number 7 sounds like Apple’s iPhone 3GS and 3G pricing model:
    “A more expensive product makes the old version look like a value buy. An example here is a Williams-Sonoma bread maker. After an introduction of a newer, better, and pricier version, the sales of the old unit actually increased, as couples viewed the new item as “top of the line”, but old product was all of a sudden reasonably-priced, even though a bunch of features were missing”

Coca Cola is for creationist cretins

Seth Anderson0 comment

Speaking of reasons to avoid Coca Cola products, Professor Myers found one other

Coca Cola is a corporate partner with the Creation “Museum”. Ken Ham can brag about this meaningless exploitation of his suckers aka “museum” attendees for profit, but I doubt that Coke wants to trumpet this news — it looks like they’re sponsoring stupidity.

I don’t know that there is much point to protesting the association anyway. If Coke pulled out, you know the local Pepsi distributors would jump in to offer a contract, and then Ken Ham would proudly point to their deal as somehow vindicating their existence.

[From Coke is for creationist cretins : Pharyngula]

And since Pepsi-Cola is a famous Republican corporation, just avoid cola altogether, and drink coffee (or wine, depending).

Fools Gold

Seth Anderson0 comment


“Fool’s Gold: How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe” (Gillian Tett)

According to Gillian Tett (by way of New Yorker columnist John Lanchester), our current financial meltdown started because of the Exxon Valdez oil spill.

first bore fruit when Exxon needed to open a line of credit to cover potential damages of five billion dollars resulting from the 1989 Exxon Valdez oil spill. J. P. Morgan was reluctant to turn down Exxon, which was an old client, but the deal would tie up a lot of reserve cash to provide for the risk of the loans going bad. The so-called Basel rules, named for the town in Switzerland where they were formulated, required that the banks hold eight per cent of their capital in reserve against the risk of outstanding loans. That limited the amount of lending bankers could do, the amount of risk they could take on, and therefore the amount of profit they could make. But, if the risk of the loans could be sold, it logically followed that the loans were now risk-free; and, if that were the case, what would have been the reserve cash could now be freely loaned out. No need to suck up useful capital.

In late 1994, Blythe Masters, a member of the J. P. Morgan swaps team, pitched the idea of selling the credit risk to the European Bank of Reconstruction and Development. So, if Exxon defaulted, the E.B.R.D. would be on the hook for it—and, in return for taking on the risk, would receive a fee from J. P. Morgan. Exxon would get its credit line, and J. P. Morgan would get to honor its client relationship but also to keep its credit lines intact for sexier activities. The deal was so new that it didn’t even have a name: eventually, the one settled on was “credit-default swap.”

[From Outsmarted: Books: The New Yorker]

I haven’t read the book yet, but I ordered it after reading these sentence:

The value of Gillian Tett’s book is in the level of detail with which she tells the story, concentrating on the specific sequence of inventions and innovations that made it possible. Tett, a Financial Times reporter who covered the credit markets, was one of the few people to have seen the implosion coming. A critical factor was that she has a Ph.D. in social anthropology—a “hippie” background, as one banker told her, intending no compliment. It helped her focus on what she calls “social silences” in the world of banking.

Midas Touch

Bankers and their greed, but of course, greed with consequence for all of us.

There was one final component to the J. P. Morgan team’s invention. The team set up a kind of offshore shell company, called a Special Purpose Vehicle, to fulfill the role supplied by the European Bank for Reconstruction and Development in the first credit-default swap. The shell company would assume $9.7 billion of J. P. Morgan’s risk (in this case, outstanding loans that the bank had made to some three hundred companies) and sell off that risk to investors, in the form of securities paying differing rates of interest. According to J. P. Morgan’s calculations, the underlying loans were so safe that it needed to collect only seven hundred million dollars in order to cover the $9.7-billion debt. In 1997, the credit agency Moodys agreed, and a whole new era in banking dawned. J. P. Morgan had found a way to shift risk off its books while simultaneously generating income from that risk, and freeing up capital to lend elsewhere. It was magic. The only thing wrong with it was the name, BISTRO, for Broad Index Secured Trust Offering, which made the new rocket-science financial instrument sound like a place you went to for steak frites. The market came to prefer a different term: “synthetic collateralized debt obligations.”

John Lancaster’s article is fascinating, give it a read before the Rapture takes your neighbors away…

Belching Out the Devil

Seth Anderson1 Comment


Belching Out the Devil

New exposé of Coca-Cola that you probably won’t hear much about. Coca-Cola spent approximately $450,708,000 on advertising in the U.S. last year, that buys a lot of silence in the struggling corporate media

The company, Thomas contends, looked the other way as some bottlers in Colombia and elsewhere intimidated and attacked union organizers, who “walk with a gravestone” on their backs. Pressured to audit Colombian plants in 2005, Coke helpfully noted a substandard number of fire extinguishers at one, but didn’t address the charges.

Coke often doesn’t make its own Coke. It relies on a vast web of subcontractors, bottlers and distributors. Most have loose or no ties to the company, and are in countries where workplace laws are underdeveloped at best.

In India, Coke drained water from local villages but gave them fertilizer in return—which contained lead and toxins, according to a BBC investigation. A leading British poisons expert warned of “devastating consequences” for the local population, but Coke called the fertilizer “absolutely safe.”

The concentrate for 70 percent of Coca-Cola’s 1.5 billion drinks served each day originates in the tax haven of Ireland, where enough concentrate for 50,000 Cokes costs $2.60—including labor. The concentrate’s main ingredient? Caramel.

[From We Read It: Mark Thomas’s ‘Belching Out the Devil’ | Newsweek Books | Newsweek.com]

Coke Truck

The Amazon review:

Coca-Cola and its logo are everywhere. In our homes, our workplaces, and even our schools. It is a company that sponsors the Olympics, backs US presidents and even re-brands Santa Claus. A truly universal product, it has even been served in space. From Istanbul to Mexico City, Mark travels the globe investigating the stories and people Coca-Cola’s iconic advertising campaigns don’t mention such as: child labourers in the sugar cane fields of El Salvador; Indian workers exposed to toxic chemicals; Colombian union leaders falsely accused of terrorism and jailed alongside the paramilitaries who want to kill them; and, many more. Provocative, funny and stirring, “Belching Out the Devil” investigates the truth behind one of the planet’s biggest brand

I haven’t had a coke in many, many years: no need to consumer high-fructose corn syrup unless absolutely necessary.

Rumors Vs. Press Releases

Seth Anderson0 comment

Tech Crunch and the Gawker empire have a pretty cynical view of journalism. Damon Darlin reports on the sites that promulgated the Apple is about to purchase Twitter rumor, and other allegations that later turned out to be false.

Topic of the Day

A few days later, Mr. Lam1 could claim vindication when Apple announced that Mr. Jobs was taking a leave of absence because of his health. To this day, it is unclear how much his health figured in Apple’s decision to withdraw from the MacWorld show. Nevertheless, Nick Denton, Mr. Lam’s boss and the founder of the Gawker blog network, crowed, “This is why access is overrated.”

Mr. Lam says it taught him a lesson. “If we don’t have rumors, what do we have as journalists?” he asks. “You have press releases. So maybe there is some honor in printing rumors.”

[Click to read more: Ping – Get the Tech Scuttlebutt! It Might Even Be True – NYTimes.com]

Really? These are the only two choices? Reprinting rumors or reprinting press releases? What about doing a little research of your own? What about fact-checking? Making some inquiries into interested parties? Even using critical thinking? The yellow journalism aspirations of both Tech Crunch and Gizmodo are why those web sites are visits of last resort: I don’t trust much of what I read there, so why waste my time rolling my eyes reading thinly-sourced rumors?

There’s even the time tested yet still reprehensible journalistic technique of “he said, she said”, as throughly and thoughtfully explained by Jay Rose:

Quick definition: “He said, she said” journalism means…

There’s a public dispute.
The dispute makes news.
No real attempt is made to assess clashing truth claims in the story, even though they are in some sense the reason for the story. (Under the “conflict makes news” test.)
The means for assessment do exist, so it’s possible to exert a factual check on some of the claims, but for whatever reason the report declines to make use of them.
The symmetry of two sides making opposite claims puts the reporter in the middle between polarized extremes

[Click to continue reading the discussion of PressThink: He Said, She Said Journalism: Lame Formula in the Land of the Active User ]

At least this shortcut forces the reporter to attempt to include multiple points of view, and not just rely upon rumor.

Footnotes:
  1. Brian Lam built Gizmodo, owned by Gawker [↩]