Showing posts with label aubrey mcclendon. Show all posts
Showing posts with label aubrey mcclendon. Show all posts

Thursday, June 25, 2009

Lying Is Where The Money Is, Now More Than Ever

June 25 Editorial

Today the Editors have finally decided to be quiet on the Iran issue, not unlike their friend George W. Bush (and themselves) during Tehran's crackdown on student protesters in 2003 or about the crackdown on reformist candidates in 2004 that led to the election of Mahmoud Ahmadinejad. Instead they've chosen to, brace yourself, rant and rave about Government spending (the kind that does not directly benefit rich guys, of course).

In today's piece Soft landing: Economic pain unequally shared they start off with the statement "...The U.S. House has approved an 8 percent increase in the budget for office expenses. Members will get an average of $1.5 million for the fiscal year that starts in October. The increase comes at a time when businesses and households are cutting budgets by 8 percent or more."

The article as you can probably guess continues with no mention of Goldman Sachs hot-shots being, as Reuters reports here, on pace this year for record bonuses, or perhaps bringing into question the salaries of Red-Prime Steakhouse frequenting Chesapeake execs in these rough-times, especially when they've destroyed $16b in shareholders wealth the prior year.

Mentioning such things would have been nice, but one thing that I think no question should have been brought up, if the editors for once could possibly sway from their constant "Blame the government" rhetoric, is that the Public Relations Industry is flourishing. And in a similar fashion as it was in the heyday of Edward Bernay's in the run-up to the great depression.

It makes perfect sense that the PR industry is doing so well (anyone who gets on Twitter sees the place flooded with PR folks promoting fancy lifestyles and whatnot), as these are no doubt times when disgraceful, unjustifiable things (like Goldman Sach's bonuses, or nice guys like Aubrey McClendon making over $100m for his part in erasing $16b of shareholders wealth) need to be justified by any means necessary.

But do not take my word for it regarding the propaganda industry, read this sickening piece from July '08 by The Oklahoman's good friend Renzi Stone , (note 2-12-10 page archived....actual story link on his site redirects to new page) head of local Public Relations group Saxum Communications. In it he discusses how well the industry is doing, and how it is important for them to do their best lying to ensure the status-quo is preserved. He states:

"According to a March 2008 report by M&A experts StevensGouldPincus, PR firms stand to gain ground this year. Highlights included 75 percent of firms under $3 million predict higher revenues and 83 percent say client budgets will increase. If the first two quarters of this year are any indication, we are in line with the industry, if not exceeding predictions. In a declining economy, PR will play an important role in helping businesses and issues...continue to move forward."

Pretty terrifying that our nations future is in the hands of these people who lie for a living, and it is especially troubling that our City's paper wont even discuss this stuff, primarily because they are a big part of such non-sensical, harmful things.

So again, these are the types of things we would hear about if we had a newspaper in our town with an editorial staff that pays attention in the many bible classes they attend, and therefore would at least attempt to tell the whole truth from time to time.

Tuesday, June 9, 2009

Celebrate Diversity, Oklahoman Style!

June 9 Editorials

While reading today's editorials, I was reminded of a scene in The Blues Brothers. Jake and Elwood are asking a nice bartender lady what kinds of music they play at their bar, and she promptly replies "Oh! We got both kinds! Country, and Western!"



Today's editorials remind me of that. Only if one were to ask the writers what types of diversity they have in their writing, they might reply "ohh all kinds! We got endorsement of Pinochet' style neo-liberalism kind, we got the suppress the working class kind, and we got the whadda you gonna believe, us our your lyin' eyes kind!"

I will not go in any particular order, and start off with their "suppress the working class" kind, an editorial entitled "Despite GM restructuring, taxpayers should be uneasy: Is a better GM ahead?" In this piece, the writers are quick to point out the "notorious job banks". The story with these, is that laid-off GM workers (idle workforce that would fill-in from time to time for workers on vacation actually....) were paid 95% of their salaries to "sit around and do crossword puzzles".

The reality is much more complex. Ignoring that reality for now, I think what is most offensive to the writers is that these cost the company upwards of $300m, and that went to "only!" 7,000 employees.

If one does the math, the offensive part is that 1,750 reserve force/laid-off workers received the equivalent of what the editorial staff's friend Aubrey McClendon was rewarded in a bonus last year ($75million! Was this even discussed in the editorial pages?) for his part in helping erase $30billion of the Chesapeake shareholders wealth.

That it should take such a small amount of hard-working American's to receive the equivalent of McClendon did is simply unacceptable, especially if you consider all the good propaganda out there about job banks and crossword puzzles and whatnot (at least they didn't say seek 'n find puzzles.)

But as I have stated before, the most controversial thing in the past Presidential Election, in my opinion, was not Health Care, Iraqistan, Gay Marriage, etc...rather it was the not so serious suggestion that working people, the folks who create the bulk of our countries wealth have some right to share in that wealth.

Before I go on (without getting into things ignored by the staff like bonuses to Goldman Sachs workers and all the rest, folks who played a huge part in what we are now facing) I want to admit that I do not think stock market prices are the be all and end all of how you judge a company, and thus maybe I was a bit hard on Aubrey.

However when it is convenient, I assume the editors do assume share-prices are everything. So let us note that on the day this editorial was written, GM stock went up almost fifty-percent, and today it went up another twenty-percent. Traders might note this and consider how they buy and sell based upon what the brilliant Oklahoman editorial staff rant and rave about. More than doubling your money is not a bad couple days "work". We also might note that this was no question ignored by the writers.


Next, and editorial entitled "Walk balk: Oklahoma City discourages pedestrian traffic" discusses how our city "...Of 500 American urban places, ranks last in 'walkability.' Not only is walking not encouraged, it’s actually discouraged with public policy, an urban design consultant says."

The article does not discuss the "300 miles of sidewalks we're building!" Cornett discussed during his appearance on the Ellen Degeneres Show so I do not know whatever became of all that business. But one thing that did kind of jump off the page is that once again, the city has hired a super-fancy consultant to solve all of our problems. Here is a picture of the consultant Jeff Speck's fancy three-story house in D.C, which makes me wonder about just how much the city is throwing at this problem:


View more of the fancy
home we're helping pay
for here!


So this is more of the "We got endorsement of Pinochet' style neo-liberalism kind!" rant-and-rave about "wasted money thrown at problems" when the money might more often than not benefit the people, not the hot-shot developers. The Oklahoman never has problems with stuff like this, or millions of dollars subsidizing stupid Outlet Malls on I-40, or what is now upwards of $250m going to subsidize wealthy Basketball Team owners. If people want a piece of the action, they need to stop working at jobs and attend more elegant dinner parties at the Red Prime Steak House. They should know this!

The last piece, "Weak or strong: Management styles help shape cities" is pretty simple. It discusses the Oklahoma City vs. Tulsa city management differences, and how Tulsa does not have a city manager. The Editors go on to, brace yourself, state that "...Cornett is a presence and has done a terrific job." Anyone with a functiong brain knows the story. Cornett is NOT a Conservative, as he constantly likes to say (as does his mayor buddy up in Charlotte.) The "gains" our City has made have all come on the backs of the tax-payers, and the real costs of ignoring everything outside of Bricktown in most cases is something that will be felt by many in the near future.

People who know how to look will no doubt realize that the stance taken by "America's Most Conservative Newspaper!" is that hopefully people will believe them, and not their lying eyes regarding the things they write about Mayor Cornett and other nice guys like him they support. Pretty sad I think, as is The Oklahoman's form of diversity they practice in their editorials.






Wednesday, May 27, 2009

Heaven Forbid We Should Start Producing Goods!

May 27 Editorial Cartoon



It is no surprise that The Oklahoman Editorial folks are concerned that the dollar might lose some value. Recall during the Clinton years, it skyrocketed and the inflated dollar destroyed a number of manufacturing jobs in the States, as imports became very cheap.

Anyone who's brain works knows that China prefers our dollar to be inflated, so that we can afford to buy all of their crap. And if the dollar loses value, heaven forbid other countries will be able to afford our goods, and then people will be working in manufacturing jobs again making decent wages! That is something that elitists like The Oklahoman Editorial folks are horrified of, and for reasons that would take significant time to list.



Tuesday, May 26, 2009

Benham (MO) Clear Channel (TX) hello??!?!?!


May 26 Editorial

In "Boomer bus: Stimulus cash rolls onto Edmond streets "The Editorial writer states, regarding a new transit system being implemented in Edmond using stimulus money "...The new operator will be Texas-based McDonald Transit...Those who believe Americans shouldn’t buy Japanese autos because the profits go to Tokyo should take note that Edmond will be sending its transit dollars to north Fort Worth instead of downtown Oklahoma City."

I don't have a problem with this, however I wish The Oklahoman would have advocated for local businesses to benefit from the NBA situation, which we paid for to the tune of now $1/4b (Sales Tax, Quality Jobs $$$, Use tax...). Benham, who is doing the upgrades to the stadium is out of Missouri, and Clear Channel who got the radio broadcast rights (after I pleaded with city council to try and advocate for locally owned Perry to get the rights**) is out of Texas.

Sadly, the Editors will only stand up for something when it is convenient. Saying anything negative about something Clay Bennett, Aubrey McClendon and friends are doing would just be too much for these cowards.

**