NEW YORK (Reuters) – The publisher of the Chicago Tribune and the Los Angeles Times declared bankruptcy on Monday as the U.S. newspaper industry’s unrelenting loss of readers and advertisers claimed its biggest victim yet.
Tribune Co, which owns eight major daily newspapers and several television stations, filed for Chapter 11 bankruptcy protection after collapsing under a heavy debt load just a year after real estate mogul Sam Zell took it private.
by Jack Lee
It was a gloomy, gray foggy day on the ranch with a wet sort of cold that bites right through your jacket. The cattle were bundled up at the far north end of the pasture and the horses came in from the walnut orchard to stand under the protection of the extended barn roof.
So began Sunday, but the dull tranquility of this day was not to last.
Shari (shown left) is a real cowgirl and has been most of her life (lets just say she’s been riding over 4 decades) and she still rides every day. When noon rolled around she had her typical daily chores done and she was ready to saddle up for her “therapy” as she calls it. Liz, was the only other person at home and she was preoccupied studying for finals, when her Mom asked her to go riding. She reluctantly had to pass and so Shari had to ride alone, which was not unusual. The girls often ride alone, mostly because of necessity, we have more horses than we can get riders. However, as hindsight would later dictate, this could have been Shari’s final ride.
“A date which will live in infamy”
Department of the Navy – Pearl Harbor Raid, 7 December 1941
** The U.S. Fleet’s Pearl Harbor base was reachable by an aircraft carrier force, and the Japanese Navy secretly sent one across the Pacific with greater aerial striking power than had ever been seen on the World’s oceans. Its planes hit just before 8AM on 7 December. Within a short time five of eight battleships at Pearl Harbor were sunk or sinking, with the rest damaged. Several other ships and most Hawaii-based combat planes were also knocked out and over 2400 Americans were dead. Soon after, Japanese planes eliminated much of the American air force in the Philippines, and a Japanese Army was ashore in Malaya. *** These great Japanese successes, achieved without prior diplomatic formalities, shocked and enraged the previously divided American people into a level of purposeful unity hardly seen before or since. For the next five months, until the Battle of the Coral Sea in early May, Japan’s far-reaching offensives proceeded untroubled by fruitful opposition. American and Allied morale suffered accordingly. Under normal political circumstances, an accomodation might have been considered. *** However, the memory of the “sneak attack” on Pearl Harbor fueled a determination to fight on. Once the Battle of Midway in early June 1942 had eliminated much of Japan’s striking power, that same memory stoked a relentless war to reverse her conquests and remove her, and her German and Italian allies, as future threats to World peace. **
What a debt we owe our parents, grandparents and great grandparents for their unflagging determination and commitment following this attack. We owe it to them to remember their great sacrifice and to learn from their determination and commitment. We owe it to them to never forget what has been done to preserve our country and the fredoms we enjoy. God bless them.
Will our new president follow that path or will he truly offer change and move away from that progressive propensity?
by Tina Grazier
Jimmy Carter, Bill Clinton, Barney Frank, and others in the Democrat Party set up the perfect scenario for financial meltdown by going to extremes in regulating and monitoring financial institutions. (they called it deregulation…”what a crock as Bruce would say!) Extreme meddling in the financial sector ended with a complete global meltdown and inevitably impacted other sectors continuing in a domino effect. The consequence is a great deal of uncertainty and loss for people all over the world. The answer is waiting in the wings for debut…what happens next?
Continue reading “<strong>Usually, They Go To Extremes</strong>” »
Posted by Tina
** Bay Area waiters have a nickname for many of their customers these days: the non’tre. Non’tre (pronounced “non-tray”) refers to the folks who order appetizers rather than a pricier entree – a popular practice in economic hard times. In fact, as the value of real estate plummets, the stock market totters and the jobless rate grows, diners are sharing meals, skipping dessert, opting to drown their sorrows in a glass of wine… SF Chronicle **
Posted by Tina
First two stories out of Merry Old England:
** A grandfather was left humiliated after being handed a 60 litter fine when his cigarette was knocked out of his hand as he walked past a scuffle between police and shoplifters. *** …the pensioner did not have time to bend down and pick it up before a council warden pounced on him and hit him the fixed penalty for littering Daily Mail (UK) **
This is why you read Post Scripts…you get to see really neat things like this video skit (The Bailout) enjoy, I sure did:
Posted by Jack Lee
Juval Aviv was the Israeli Agent upon whom the movie ‘ Munich ‘was based and he has allegedly offered up some thoughts and advice on future threats facing America. I could not verify this information and checked my usual sources such as Snopes.com and they were reporting unable to verify, but it seemed legit based on numerous facts that could be confirmed.
This is now submitted for your consideration….
Continue reading “<font color=red><b>WHERE TERRORISTS PLAN TO HIT AMERICA NEXT</font></b>” »
Posted by Jack Lee
“University of California employees Ingrid H. Schmidt and Karl Michael Engelbach may well remember 2008 as the year they received sweet severance packages, without really being severed.
In January, each applied for and received five-figure severance packages to voluntarily leave jobs in the UC President’s Office.
A day after leaving those positions in Oakland, they started new jobs at UC Davis. Schmidt kept $46,100 in severance from her old UC job, and got a 13 percent raise at her new post.
Engelbach received an $18,827 payout before UC Davis hired him. Engelbach and Schmidt are among 16 employees paid a total of $682,431to leave jobs in the UC President’s Office who then secured jobs at UC campuses in Merced, Berkeley, Santa Cruz and Santa Barbara, university documents show.”
Continue reading “Paid to Leave, Then Re-hired?? Taxpayers Ripped Off Again” »
