Damn I was hoping it was the Globe and Mail

"Damn I was hoping it was the Globe and Mail"

Me too. It will happen to them eventually though.

The local rag today tells me 'Obama building bridges with star-struck Europeans' and 'Taliban flogging of girl condemned by Pakistan leaders'. Where did these journalists get off the train? It's beyond stupid. Truly a waste of paper.

I think the only function of newspapers is to make their readers comfortably warm and fuzzy so they will go shopping at their advertisers.

Unions are great! Except when they are messing with our business.

So which came first, the chicken or the egg? Did the lack of advertising/declining readership of the newpaper come about because of biased and poor journalistic integrity or were the unions overpaid and over compensated in their contracts? I was recently on holidays in Hawaii and silly me, I decided to p/u a New York Times just for the halibut - my hand was on fire, I put it back very quickly, - the price $7 US. No thankyou, I went with a local paper.

abcd, "get off the train"?

More like fell off the back of a turnip truck, got indoctrinated and then just followed the template, hoping for an illustrious attention-getting career, Pulitzer prizes, accolades and possibly Nobels.

13 unions??? For a dead tree rag? What? Do pencil sharpeners now have a union? It should be obvious how to fix this problem!

abcd:

Over 60 years ago, Marshall Macluhan was saying that newspapers had to report the bad news to balance out the "good news" - e.g. the ads. There is nothing, gnu, under the son.

As for the original story: how are the mighty fallen?

Just checking the stock of the Toronto Star. Went from a high of just over $30 in 2004 to just slightly over $5 now....so sad.

Also, Torstar's 20% percent holding in CTVgm bought for 189 million 3 years ago now worth less than half. Ontario Teachers Pension plan must have fallen off a cliff as well as they have a 25% stake.

Where's my hanky?

Smith, got a link for that?

How the hell are we gonna light the woodstove if there are no more newspapers?

What to do, what to do?

I smell a business opportunity here!

Sorry for the off-topic.

I was looking for this quote, "If we do not believe in freedom of speech for those we despise we do not believe in it at all." which is supposedly from Noam Chomsky.

I couldn't remember his name and ended up at this YouTube again:

http://www.youtube.com/watch?v=xPhje8wepyg (Penn and Teller 1st Amendment rant)

I would *not* like to engage Penn in an argument.

Hi Kate, no prob, a couple of sources actually;

Torstar's CTV 20% investment (CTVgm) stuff;
http://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/03/05/challenges-at-torstar-reflected-in-stock.aspx

Stock comparison (no direct link - just symbol) for Torstar;
TSE:TS.B

Teachers fund % ownership stuff;
http://en.wikipedia.org/wiki/CTVgm

BTW Ontario Teachers' Pension Plan enormously hammered as of late;
http://www.cbc.ca/canada/ottawa/story/2009/04/02/teachers-loss.html

Agent Smith says "Ontario Teachers Pension plan must have fallen off a cliff as well...."

I was watching the business channel when they announced the big oil company merger a couple weeks ago and they mentioned that this was going to be great for the Teachers Pension Plan. I am wondering if we will start hearing about how great the Oil Sands projects are now that it will be good for the Teachers.

The Ontario teachers pension fund invested in the tar sands?!!

Hypocrisy.

As to the "Globe",I ,too, had a brief moment of delight thinking it was the Toronto propaganda machine. Oh well.

Some free advice to the union at the Boston Globe; hold out fellas, don't let those corporate demons extract anything from you. Strike until hell freezes over.

Enjoy your early retirement, boys.

If only they wouldn’t tease us like this. As I’ve said before, the media have lost the right to be the "Record of the age". After the shameful Obama worship still going on. The cover ups, lies & personnel greed with bias has killed them. To many Journalist schools of Marxism , not any Reporters. The News now wants to be the personalities of record not the chroniclers. They have become Puta's to the political class.
The MSM has taken a stand against the Constitution if favor of a personality cult.
This is the peoples judgment swift & sure.
You can't force people to drink tainted swill. There is not a day that goes by that the Obama does not trash America to All & sundry. Yet except for a few bright lights in the MSM, its like night has fallen on political chicanery . While pundits ply the same songs that have decimated their industry if not the USA, by allowing the polity to bankrupt an entire Nation for the pleasure of one man. While they cheer on looking for hand outs.
JMO

SDA would be worth reading for the captions alone.

I think they're bluffing.

Who is going to carry water for lardass Kennedy and Kerry in Massachusetts if the Globe goes down? A liberal tragedy on a bigger scale than Darfur, Tibet and Global Warming.

The possible concessions include pay cuts, the end of pension contributions by the company, and the elimination of lifetime job guarantees now enjoyed by some veteran employees.....

I thought only academics got tenure for life. Here's hoping the union with their greedy hubris are out on the sidewalk in a few months.

Good I hope they kill each other.

From the comments on CBC
"A leftist newspaper busting leftist unions.

Is that like cannibalism?"