Golfing with Obama
7 minutes ago
Wells Fargo surprised investors by saying it expects to report record earnings of $3 billion for the first quarter, easily surpassing analysts' estimates.Read More......
The San Francisco-based bank, which has received billions of dollars in government funds, said it expects to earn 55 cents a share for the quarter ended March 31. Analysts polled by Thomson Reuters, on average, forecast earnings of 23 cents per share.
A central Florida woman who fatally shot her son then killed herself at a shooting range wrote in suicide notes to her boyfriend that she was trying to save her son.Oh my God, there are photos. Apparently from the security cam at the shooting range. They're not gory. But they're still just horrifying to watch. Someone did a YouTube of them. I just can't post it, but you can go here to see it if you want.
"I'm so sorry," Marie Moore wrote several times. "I had to send my son to heaven and myself to Hell."
There are loads of deep pocketed donors in the GOP who toss around millions of dollars to fund huge ad budgets -- but, how many of them spend money on blogs? Not many....Joe or I could have written those two paragraphs. Many of the big non-profits will hire a $50,000 a month PR firm to hit us up for free, rather than pay probably half that and advertise on most of the top liberal blogs, and then some. Not realizing, of course, that most of us immediately incinerate any email coming from a PR firm or a consultant.
In fact, we've even gotten to the point now where organizations will pay thousands of dollars on consultants, to hit blogs up for links, instead of just buying ads on the blogs. That's great for the consultants (and I can tell you that from personal experience), but it sucks for the bloggers who get nothing but link requests out of it while some consultant pockets a fat check just for writing a few emails that generally don't produce any results.
One area where the left has done a much better job than the right online is investing in blogs as a component of left-wing activism.I found it fascinating that they, like we, think the other side's blogs are all being subsidized. Not true on our side. Media Matters may subsidize a blogger, but they certainly don't subsidize bloggerS, plural, nor do they exist to help the Netroots grow. Nor does any organization that we know of. As for the list of leftwing groups who routinely buy ads on the liberal blogs, the only group that routinely does that is SEIU. I can't think of any other group that has routinely supported us and worked with us, other than the ACLU, but their blog outreach pretty much stopped the middle of last year. Still, it's fascinating to see the same complaint, and misconception, coming from the right side of the aisle.
On the right, Heritage has its blog. Club for Growth has its blog. MRC has its blog. The GOP has its blog. The list goes on and on and on. When the right wants to get online, each organization does its own thing. That's just the way its done.
To be sure, on the left, there's a bit of the same thing going on, but then you've got groups like Media Matters that function more or less to subsidize left-wing bloggers. Oh sure, they say they are more important than that, but they aren't really.
More importantly, though, is the advertising component. What is the online advertising budget for Heritage? What about for AEI? What about for Americans for Tax Reform? Family Research Council? Leadership Institute? NFIB? NTU? National Right to Work? Club for Growth? The list goes on.
In the past few years, SEIU, AFL-CIO, NEA, DCCC, and a host of other left-wing organizations have been buying ads on left of center blogs keeping those blogs going -- allowing the bloggers on the left some financial incentive to keep blogging for the left.
In addition to all of that, you've got the Soros gang and SEIU engaging in a host of left-wing activities online that recruit and fund online writers -- bloggers, journalists, etc.
I wonder whether it's quite right for authors who publish their own opinion and news commentary to demand a "two way street" in which the authors get advertising money from the people they praise....A valid, and expected, argument. Except that we're not authors, or newspapers, or magazines. We're party activists. We're political organizations. We're talking heads on TV. We are political operatives. And sometimes - only sometimes - we are journalists too. (Or perhaps we're always journalists, but we're a new kind of - or a very old kind of - activist journalist that hasn't been seen in decades.) The old rules simply don't apply because we are not the Washington Post, and we aren't even the Nation.
But if an ostensibly independent blogger has a general pattern of demanding advertising — even indirectly, rather than in some personal communication — from institutions in exchange for publicizing the institutions' work, that sort of relationship strike me as harder to disclose in any transparent way. And my sense is that historically this sort of deal has been seen as not entirely kosher in the newspaper business, or for that matter in the opinion magazine business.
In other words, they’re kissing Obama’s ass as much as a human being possibly can, yet they’re not even getting so much as a moist towelette to wipe themselves off with. And then they have the gall to go public and complain about it! Talk about prostituting yourself.Cute. But they do raise a valid, though obvious, concern. Are we simply saying we're available to the highest bidder? No. We don't publish things on the blog that we don't think are newsworthy and/or don't help the progressive movement in some way. But we do sometimes help our friends. I've posted things that a large organization, another blog, someone on the Hill, or even someone in the administration has asked me to post. I do it because we're Democrats. We're progressives. We help our family and friends. But when someone only calls you because they want something, and never offer to help you in return, they're not your family or your friend. You know the kind of person I mean. They only check in when they need something. It doesn't make you greedy to finally get fed up with being used.
So now we know what makes these left-wing blogs tick: money. They’ll say and do anything you want them to say, all you have to do is meet their price.
Call me a rube but I’m a little surprised these people allowed themselves to be shamelessly used in the first place. Partisanship all around, but whatever happened to just saying what you think? I vaguely recall being approached a few times by flacks and hacks who wondered whether I wanted their talking points, but I prefer to shill for what I give a damn about all on my own, thanks.* I haven’t noticed the kind of bucket-toting the lefties just admitted to elsewhere on the right half of the blogosphere, either. Love to know how Kos and FDL readers will feel knowing their stars are tools, but I’d guess it won’t be much of an issue.(Sorry, lost the link for this character, but since he's being a dick, I don't plan on Googling him to find it.)
Welcome to a little place I like to call Reality.Excellent points. And that's why you'll notice that on AMERICAblog, at least, we barely ever publish anything that a big group asks us to. But not because we won't give them the milk for free. Rather, because they only think of how we can help them, not how they can help us. And I simply find that rude. I help friends, and the occasional stranger in need. I don't help the stranger with a million bucks who only comes knocking when he needs something.
Why should a group pay her to say what she was going to say anyway?
She complained about Americans United for Change and American Association of Retired Persons.
I’ve seen ads for Americans United for Change and AARP on Fox News. Those groups know that they have to pay to get their messages to Fox News viewers unfiltered.
Why should they pay Hamsher to do what she was going to do anyway for free?
I will agree with AllahPundit here; We Conservatives are in the same boat man. I don’t get any magical fund from some rich Conservative here, at all.And finally, Ben Smith posted this today, as a follow-up to this story. I love Ben, but his post is just categorically wrong. First his post:
An online media executive pointed out to me that yesterday's suggestions from liberal bloggers that their allies should advertise — something between a plea for help and an extortion attempt — comes in part because the first quarter has been terrible for blogs' ad revenues across the board.This issue isn't coming up because times are lean. Joe and I have been privately complaining about this state of affairs for years. Long before we were blogging. The left does not support its own. We don't nurture genius. We don't nurture success. We don't nurture the possible. We don't look for those shining gems out there, the unknown activists who are kicking ass far out of proportion to who they are, and find ways to keep those activists afloat, to help them grow ten and a hundred times larger and more effective. We don't think long-term. We usually don't think beyond the current day.
The recession and the end of the election season appear to have meant seriously lean times for bloggers on both sides of the ideological spectrum. Though a few political groups, like SEIU, are still buying BlogAds — the most popular online ad seller for blogs — there are also a lot of empty ad strips on the left and the right.
Yesterday's story had some effect — Americans United for Change promised to throw some ads the blogs' way — but the whole situation is a mark that even rich, successful elements of the new media that are widely viewed as models still aren't making it financially.
The leading lights of the liberal blogosphere are up in arms because the lefty organizations whose agendas they promote—Americans United for Change, the Democratic campaign committees, etc.—aren't coughing up ad dollars. So they're threatening them!Markos gets far more traffic than Gawker gets, so the argument Gawker is making, that liberal blogs don't get enough traffic, is simply flawed. And second, if we haven't proven our value, then why do these very same groups email us, on practically a daily basis, asking us to pimp their stuff on our insignificant blogs? Read More......
The implicit threat—maybe we'll stop promoting your stuff!—is nothing short of a shakedown. Why does Americans United for Change make big media buys? To reach swing voters and independents on as large a scale as is economically feasible in order to bring political pressure to bear in support of their goals...
Unless Hamsher, Moulitsas, et. al. start attracting enormous numbers of readers who aren't already politically engaged and don't already agree with Americans United for Exchange, then the group would be wasting its money on their sites. The point is to persuade and rally the actual country, not the liberal echo chamber. The only reason for the left-wing establishment to divert more ad dollars to the blogs than it already is would be to keep them happy, well-fed, and useful. We wonder if the ploy will work. Oh wait, it did!
In a way, the time for a state to have a lone senator could not be worse, political experts said.The situation is clearly hurting the people of Minnesota. But, that shouldn't be the case. Norm Coleman lost.
Former Vice President Walter F. Mondale, a former senator from Minnesota, said the nation’s economic woes and the growing needs of constituents increased the already overwhelming demands facing a senator. “Doing that all by yourself?” Mr. Mondale said. “It’s a big burden, really daunting.”
A political scientist at the University of Minnesota, Lawrence R. Jacobs, said that given the deluge of requests for help from those losing jobs, homes, everything, Ms. Klobuchar was “a little like the Dutch boy trying to plug the dike.”
The ballots counted Tuesday were ones that the three judges had concluded were wrongly rejected. State Elections Director Gary Poser went through them one by one in court, calling 198 votes for DFLer Franken, 111 for Republican Coleman and 42 for the Independence Party's Dean Barkley or others.In this race, a lead of 312 votes is a landslide.
The tally increased Franken's narrow lead from 225 votes to 312, out of 2.9 million votes cast in the November election.
Texas Sen. John Cornyn, who chairs the National Republican Senatorial Committee, said in a statement that the court failed to address "the main issue," that the judges had disenfranchised more than 4,000 Minnesotans by failing to count their ballots. "That's why it's so critical for this process to move forward before the Minnesota Supreme Court and why Senate Republicans fully support Senator Coleman's efforts," he said.That's just BS. The "main issue" is that Coleman can't win, but the Republicans really, really don't want the Democrats to have their 59th vote in the Senate. The Republican Senators are disenfranchising the people of Minnesota.
"The problem former Senator Coleman has is he lost fair and square," Elias said. "No amount of lawyering or sophisticated legal arguments is going to change that."But GOP money is going to keep dragging this out. That has to end. And, the Senate Democrats need to get much more aggressive about it. Read More......
The study zeros in on 93 firms that spent as much as $282.7 million lobbying on the issue during that period, and ultimately saved a total of $62.5 billion through the tax change. Researchers used publicly available lobbying disclosures filed with Congress and financial statements submitted to the Securities and Exchange Commission to compare the amount each company saved with its lobbying expenditures.If Obama wants to cut into this system, as he says he does, he knows who has to go first. Why he even hired Summers in the first place is annoying. Read More......
"It calls into question what Congress did in 2004," said Stephen Mazza, who conducted the study with Raquel Alexander and Susan Scholz. "It clearly is a very lucrative field for lobbyists. Congress wanted to create jobs, and what they probably did was create jobs for the lobbyists."
The results reflect one reason that lobbying — always a major industry in Washington — has experienced explosive growth in recent years. Companies and interest groups spent $3.42 billion lobbying Congress and the federal government in 2008, the last year for which such figures are available, according to the Center for Responsive Politics. That's a 14 percent jump from the previous year.
Alan Edwards, 34, from Derbyshire said he rushed to Mr Tomlinson's aid because he was worried the officers would continue the violent attack. "I didn't know what they were going to do to him," he said. "I couldn't just leave him there."Read More......
Edwards said he had been trapped inside police cordons around Cornhill, near the Bank of England, for about six hours when he first saw Mr Tomlinson. "I was stood on the corner, and basically they'd pushed [Tomlinson] around. He was saying: 'I want to go home. I live down there. I'm trying to get home.'" Mr Tomlinson was obeying police orders to move up the street, Edwards said.
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