forwoodenboats

The McClatchy Company Q2 2008 Earnings Call Transcript

MNI...Didn't they install the diving board at the La Brea Tar Pits so that they and the rest of the Marxist rags on the Dinosaur Death Watch could make a big splash on their way out?
MNI.PK...has a nice ring to it, don't you think?

Newspapers 'Rightsizing'? More Like Frightsizing

"I think most papers are happy to lose readers to the web ... "
LOL, spoken like a true "blue" economist!
I'm sure their investors would have appreciated some advance notice before they drove the company headfirst into the ground!
Facts are, if someone wants hyperpartisan editorials, they have a plethora of opportunities out there without having all that hate screaming out at them as they try to have a cup & a read to start the morning.
No one needs to have their news politicized for them, and McClatchy never learned that.
I'll never forget the fellow I worked with who sent out all his faxes with an image of Bill Clinton on a 3 dollar bill on top. I'm sure some of his clients found it humorous, but I suggested to him that he was certain to piss off at least 50% of every person he sent one to, and an unknown percentage who thought it was tasteless or misplaced.
McClatchy - and it's investors - would surely be in a different spot right now if it simply reported the news as it happened, rather than present a skewed, ultra left wing rant posing as the news.
But you go ahead and make excuses for McClatchy, and while you're at it, step on up and buy some stock!
(They're having a "going out of business sale". You can get all you want dirt cheap).

Newspapers 'Rightsizing'? More Like Frightsizing

The reason McClatchy, the NYT, LAT, and WaPo are inevitably going bancrupt is very simple.
They abandoned the truth and embraced the far left and all its lies.
We are able to fact check now, and where we weren't when Walter Cronkite told us the Tet Offensive was a huge defeat for the United States, we were able to find that Harry Reid was lying when he told us we lost the war in Iraq.
The drive by media bet against the citizens of the United States being able to sniff out it's bias and they lost.
Take a look at McClatchy's chart - as the papers they own here in Washington state have have moved further to the left, lionizing our enemies while demonizing defenders, failing to report our state government's overspending while supporting socialist goals, attacking anything or anyone conservative along with our rights, so has gone their stock, from mid 70s to just over 5 buck in 3 short years.
I think it was just about 3 years ago that McClatchy added its hyperpartisan news.McClatchyHeadline... column to the Tacoma News Tribune.
Coincidence? No, I predicted it when they out left'd the left coast and I've been enjoying watching this part of the Dinosaur Death Watch ever since. This is one company that truly deserves to sink back into the primordial goo that it built it's glass house on.