Gannett will cut 10%. Time, Inc, announces job cuts and major restructuring. And Newsweek is hemorrhaging revenue: "Newsweek net income results for the first half of the year went from $133.2 million in 2007 to $36.5 million, which isn't so much a 'moderately weakened' business, so much as a 'holy sh*t, time to fire everyone' business." Reader Michael Albrecht emails: "Wow! It's like people don't want the product anymore. Or, more likely, people are not buying what they are selling."
Yeah, I really think this is why they've been so willing to squander their remaining credibility in support of Obama. They figure they won't be around to swing an election in four years, so it's now or never. Of course, by doing so they accelerate the trend.
Rand Simberg points out something that Campbell Brownh notes.
One year ago, [Obama] made a promise. He pledged to accept public financing and to work with the Republican nominee to ensure that they both operated within those limits.
Then it became clear to Sen. Obama and his campaign that he was going to be able to raise on his own far more cash than he would get with public financing. So Obama went back on his word.
He broke his promise and he explained it by arguing that the system is broken and that Republicans know how to work the system to their advantage. He argued he would need all that cash to fight the ruthless attacks of 527s, those independent groups like the Swift Boat Veterans. It's funny though, those attacks never really materialized.
On a related note. Mark Steyn and his readers apply the dark arts of Math to Obama's "Grass Roots" support
Victor Davis Hanson looks at the ends, the means, and the justification.
The messianic style—the cosmic tug to "change history", or stop the seas from rising or the planet from heating, juxtaposed with the creepy faux-Greek columns, Michelle's "deign to enter" politics snippet, the fainting at rallies, the Victory Column mass address, the vero possumus presidential seal, and the 'we are the change we've been waiting for' mantra—reflects the omnipresent narcissism: the exalted ends of electing a prophet always justify the often crude and all too mortal means.
If this is considered 'right', I'd rather be wrong with McCain.
Bob Krumm notes an odd correlation in the polls.
And from the Campaign Spot: If You're Going To Worry, Worry About the Right Things