i love the fact that the people of the world see the man who paid bush
the highest insult one person can give another as a world hero .

On Dec 26, 7:24 am, "[email protected]" <[email protected]> wrote:
> By P.J. Gladnick (Bio | Archive)
> December 25, 2008 - 18:25 ET
> mewsbusters.com
>
> Employees of McClatchy publishing in Iraq were in an unusually good
> mood recently. The occasion was the aftermath of the Iraqi journalist
> who tossed his shoes at President Bush at a press conference in
> Baghdad as you can see in these quotes from Inside Iraq, a blog for
> McClatchy journalists working in that country. The first quote was
> from McClatchy employee, "Laith," who was talking about his colleagues
> and the rest of the quotes were from commentors who may or may not be
> employed by McClatchy:
>
> Some of the guys were happy and they were talking about the bravery of
> the journalist who threw his shoes at the American president. When I
> tried to explain my opinion, I was trying to tell the guys that I
> don't agree with the way the journalist behaved, but I was attacked by
> them. One of them said "come on Laith, Bush destroyed Iraq". Another
> said "he deserves more" while a third one said "he is an occupier." I
> tried to tell to tell they guys that this is an inslut for Maliki.
>
> The "Shoe heard round the world" was an important symbolic event. I
> felt his action was appropriate and restrained considering the
> circumstances.
>
> I applauded this act. I don't care that it is rude. Why are we
> concerned about etiquette when a country was destroyed? Did Bush ever
> apologize to the Iraqis for the hundreds of thousands of dead? Bush is
> an occupier, a clown pretending to be a hero, so enclosed in his own
> little self-certain world he probably was surprised an Iraqi could be
> that angry. I am not surprised. I am only surprised such a thing did
> not happen earlier.
>
> Yes, yes, my little McClatchy journalists. Better get all the
> enjoyment you can out of the shoe tossing incident because soon there
> will be another tossing event that you will not appreciate quite so
> much: namely being tossed out of your jobs. While you are busy
> cheering on the shoe tosser, perhaps you might not have noticed that
> the McClatchy stock price has plunged about 99%  to a mere 75 cents
> per share from where it was in 2005 at almost $80 per share when your
> CEO, Gary Pruitt (photo), began going on a spending spree buying up
> newspapers when it was already clear to almost any sane person that
> print media was in a permanent downswing due to the internet. Pruitt's
> purchase of newspapers around the country goes down in the history of
> stupid business decisions with Quaker Oats' purchase of Snapple and
> Schlitz beer's decision to cut costs by changing its fermentation
> process (along with its taste).
>
> The result is that McClatchy is in the process of attempting to get
> rid of many of its newspapers at much less than Pruitt paid for them
> including the Miami Herald which still has no buyers interested in
> purchasing that losing enterprise. In fact, Pruitt's Folly has gotten
> so bad that in his own words he is having trouble finding a buyer just
> for the Herald parking lot:
>
> We’re selling 10 acres of land, a parking lot adjacent to The Miami
> Herald building for a price of $190 million. We have a good dialogue
> with the sellers and we’re hopeful that that deal closes. It’s a real
> estate contract which means we can’t guarantee that that deal will
> close. We’re hopeful that it will and 100% of the proceeds, which
> after tax would be about $115 million, will be used to pay down debt.
>
> Gary Pruitt isn't alone in his total cluelessness. As we have seen in
> these pages, Arthur "Pinch" Sulzberger, publisher of the New York
> Times, is every bit as capable of making incredibly stupid business
> decisions as Pruitt.  However, at least Pinch has the excuse of being
> born with the correct family name and living through birth for being
> given a task he can't handle. What's your excuse, Gary?
>
> The most astonishing thing about Gary Pruitt is that he is still CEO
> of McClatchy. What more bad news do the stockholders need to fire
> him?  For every thousand dollars of stock purchased in 2005, they are
> now left with a mere ten bucks of value...and perhaps even less in the
> very near future. And yet Pruitt remains at the helm. Another
> mysterious thing about Pruitt is why he has not quit McClatchy.
> Perhaps the salary, bonuses for underachievement, and the fringe
> benefits such as being able to charge off expensive hotel stays and
> dining on Kobe beef is much too alluring and overwhelms any shame
> Pruitt might feel by continuing to lead a publishing company he has
> run into the ground.
>
> Since this is Christmas Day, here is my fantasy speech that Gary
> Pruitt should deliver if he ever feels the slightest bit of remorse
> for tossing McClatchy into the ash heap:
>
> "Hi. I'm Gary Pruitt, CEO of McClatchy. Today I want to give you a
> frank talk about our company without any unrealistic Baghdad Bob type
> happy talk. The bottom line is that I have run our company into the
> ground over the last three years as a result of incredibly dumb
> business decisions. I began buying up newspapers in 2005 when it was
> already obvious even to an infant that they were losing circulation
> rapidly due to the internet. What the hell was I thinking? The only
> answer is that I wasn't thinking. I should have left this company in
> disgrace years ago but hung on just so I could collect on all the CEO
> goodies. However, I now realize that I have overstayed my welcome and
> am announcing my resignation from McClatchy. So shamed am I by losing
> billions of dollars and thousands of jobs that I have decided to go
> into permanent exile with my surfboard off the coast of Satellite
> Beach. Finally I would like to thank ol' PJ for making me aware of why
> my resignation is so necessary. As a result, my last official act as
> McClatchy CEO will be to send him a large doggie bag stuffed with Kobe
> beef."
>
> Of course, I realize such a speech is strictly a fantasy. Oh, except
> for the Kobie beef doggie bag part. That I definitely want Pruitt to
> deliver on.
>
> Meanwhile, to all you McClatchy "journalists" cheering on the Iraqi
> shoe tosser... enjoy your good mood for now. It won't be lasting long.
>
> And don't forget that Kobe beef, Gary.
--~--~---------~--~----~------------~-------~--~----~
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/  
* It's active and moderated. Register and vote in our polls. 
* Read the latest breaking news, and more.
-~----------~----~----~----~------~----~------~--~---

Reply via email to