May 5, 2009

Howie Carr’s Epitaph for the Nearly-Dead Boston Globe

Noteworthy and quoteworthy, from Howie Carr of the Boston Herald, who is closer to the situation than I am (bolds are mine):

The Boston Globe is dying this weekend, one way or the other. It probably lingers on a while longer, on life support, a Terri Schiavo of journalism, but this comedy is ending the way it was destined to.

Labor is caving, management is winning. Pinch Sulzberger, it so predictably turns out, is only a liberal with other people’s money. So now the rich kids in New York do away with seniority and the “lifetime” job guarantees for their fellow silver spoons in Boston.

Sorry, comrades. The Velvet Coffin is being shoved into the crematorium. Maybe you can get a job from Barack Obama.

Here is what happens next, and I know because it’s what went down at this newspaper when the Herald almost folded back in 1982. The bean counters are going to swagger into 135 Morrissey Blvd. and take a chainsaw to that petrified forest of deadwood.

They’ll need to set up a makeshift morgue in the newsroom. Five science reporters? Whatever they do, they’re not going to be doing it anymore. The Globe “magazine” is skinnier than a CVS circular. See ya!

As for the future job prospects of the about-to-be-unemployed, I am reminded of the old New York Titans’ final AFL game in 1962. The owner, a few sheets to the wind, drifted into the locker room before kickoff and delivered a pep talk to his players:

“For most of you,” he said, “this is your last game. Most of you aren’t good enough to play anywhere else.”

I know, they can’t brag enough about their Pulitzer prizes, like they’re on the level or something. Seriously, the limousine liberals who pass the Politically Correct Pulitzers around among themselves every spring ought to rename them the Olbermanns and run the awards ceremony live on MSNBC. Truth in advertising.

….. One last thing to all my dear friends on the Boulevard.

We’re not hiring.

Carr will ensure that the Herald doesn’t ever act like it has a monopoly.

IBD on Taxes, Obama’s Lawless Mindset, And Its Reference to (Take Your Pick) Voting With Their Feet or ‘Going Galt’

Filed under: Business Moves,Economy,Taxes & Government — Tom @ 8:53 am

From their editorial yesterday (“Taxing Errors”; bolds are mine):

We’re all for people respecting the law and paying the taxes they owe. We’re not for sweeping “reforms” that do little more than punish corporations and the wealthy for the supposed sin of doing business overseas.

Still worse, the new law comes with coercive measures — some of which, frankly, strike us as unconstitutional. As President Obama said, “If financial institutions won’t cooperate with us, we will assume that they are sheltering money in tax havens and act accordingly.”

“Assume”? Excuse us, but what about due process?

Moreover, the White House says its plan will generate $210 billion over a decade and “make it easier” for companies to create jobs at home.

If the administration is really interested in revenues, it might instead think about reducing the current punitive 35% U.S. tax rate on corporations, which is almost half again as high as the 24% average in other major nations of the Organization for Economic Co-operation and Development.

This, not “greed,” is why companies try to make profits overseas. Taxes are lower there.
It would be far wiser, less costly and would bring in more for the government if the U.S. corporate tax undercut the OECD average — or better yet, was eliminated entirely — instead taxing U.S. companies at the going rate of whatever country they’re operating in. That way, U.S. firms would never be at a disadvantage competing against other companies overseas.

The claim that punishing companies abroad will create more jobs at home is also false. What it’s likely to do is drive away both domestic and foreign investors, leading to fewer jobs, not more.

Once again, we’ve heard politicians promising “tax reform.” But anyone who thinks the tax code will be getting simpler as a result of all this renewed tinkering is wrong. It will become more byzantine, less transparent and more punishing to American capital.

Punishment goes only so far. At some point, companies and entrepreneurs will simply pull up stakes and go elsewhere, taking investment capital — and the jobs that go with it — with them.

The last bolded paragraph essentially describes “voting with their feet,” or “going Galt.”

Positivity: ‘It’s like a miracle’; DNA sample from 88-year-old woman helps confirm her nephew as missing WWII veteran

Filed under: Positivity — Tom @ 5:57 am

From Defiance, Ohio:

April 28, 2009

Another long-lost member of a local family will be coming home from World War II for a proper burial.

The remains of Leland Price, whose plane was shot down in the western Pacific on Sept. 1, 1944, will be returned to his closest living relative, Leona Frederick, 88, an aunt. Frederick lives just south of Defiance and is a sister to Price’s mother, Nellie.

Not only Price, but Earl Yoh of Scott — both were staff sergeants — were on that B-24 Liberator during a bombing mission of Japanese-held islands that now form the Republic of Palau. Yoh’s remains are also being returned and will be buried near Haviland.

The plane was not found initially, so its crew was posted as missing in action. Later, they were presumed dead and the families were notified accordingly.

Then, on Jan. 26, 2004, volunteer divers from the BentProp Project discovered the B-24 in about 70 feet of water off Babeldaob, the largest island in Palau. But the crew’s fate was not confirmed until recently when their remains were identified by the Department of Defense through surviving family members’ DNA samples.

Three years ago Frederick provided the DNA sample that helped identify Price, who was just 21 when the plane was shot down by Japanese anti-aircraft fire.

“I’m glad that I am still alive to know that it was worth the effort that we went through,” said Frederick, referring to the DNA samples she provided in 2006. “I wasn’t that confident when they asked me to do it. I thought, ‘Why not, I might as well do it,’ but I never dreamt … it’s like a miracle really.”

Now, as Price’s closest surviving relative, Frederick awaits word from the U.S. government on when his remains will be returned from Hawaii. (Price also has another surviving aunt, Lila Yenser, who is the wife of Frederick’s deceased brother, Emory.)

Price is expected to be buried in Defiance’s Riverside Cemetery, between his parents, Dean and Nellie, Frederick indicated. A headstone for Nellie, Dean and Leland, referring to the missing airman, states “World War II — lost in Palau Islands.” Near the Prices’ grave is also a marker for Dean, noting that he was a sergeant in the U.S. Army during World War I. ….

Go here for the rest of the story.