Kevin on March 3rd, 2008

Bruce McQuain from QandO joined us for another edition of Someone You Should Know. The Someone You Should Know radio collaboration began as an extension of Matt Burden’s series at Blackfive. Thanks to Matt, Bruce is now on board and we are lucky to have him as part of the show.

Tonight, Bruce told us an incredible story of love and devotion. Meet Ellicia Stanley & her husband SPC Reid Stanley,

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All of our interviews are also available for download at iTunes and Podcast Alley via the Pundit Review Radio Podcast.

What is Pundit Review Radio?

Pundit Review Radio is where the old media meets the new. Each week Kevin and Gregg give voice to the work of the most influential leaders in the new media/citizen journalist revolution. Called “groundbreaking” by Talkers Magazine, this unique show brings the best of the blogs to your radio every Sunday evening from 7-10 pm EST on AM680 WRKO, Boston’s Talk Station

It was our great pleasure to welcome John Hinderaker of Powerline to Pundit Review Radio. John and his colleagues at Powerline are among the best in the blogosphere. We talked to John about the latest gift from 60 Minutes to the blogosphere, their hit piece last week on Karl Rove.

We also discussed the campaign and how the GOP should go after Obama in the general election. John also gave us some insight into a leading contentder for VP on the Republican side, MN Gov.Tim Pawlenty.

This was a fun half hour and we look forward to visiting with John again as the campaign unfolds.

All of our interviews are also available for download at iTunes and Podcast Alley via the Pundit Review Radio Podcast.

What is Pundit Review Radio?

Pundit Review Radio is where the old media meets the new. Each week Kevin and Gregg give voice to the work of the most influential leaders in the new media/citizen journalist revolution. Called “groundbreaking” by Talkers Magazine, this unique show brings the best of the blogs to your radio every Sunday evening from 7-10 pm EST on AM680 WRKO, Boston’s Talk Station

Kevin on February 29th, 2008

A proxy war,

NEW YORK (AP) – A dissident investor stepped up pressure on The New York Times Co. Friday, formally proposing its own slate of four directors and saying the company needs to take more drastic action to compete online.

Harbinger Capital, an investment firm that now owns about 19 percent of the company, filed its own proxy statement with the Securities and Exchange Commission listing its nominees for directors to be elected at the Times’ annual meeting April 22.

The Times has already filed its own full slate of director nominees, but has said it was still considering whether to accept Harbinger’s candidates.

Pinch, it might be time to take some outside advice?

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Kevin on February 29th, 2008

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Byron York has a very interesting article today in which he recounts a campaign visit earlier this week by Michelle Obama to a small, struggling town in Ohio. Zanesville is “in Muskingum County, where, according to the census, the median household income in 2004 was $37,192, below both the Ohio and national average.”

Here’s her pitch to the locals,

“Barack and I were in that position,” she continues. “The only reason we’re not in that position is that Barack wrote two best-selling books… It was like Jack and his magic beans. But up until a few years ago, we were struggling to figure out how we would save for our kids.”

“We left corporate America, which is a lot of what we’re asking young people to do,” she tells the women. “Don’t go into corporate America. You know, become teachers. Work for the community. Be social workers. Be a nurse. Those are the careers that we need, and we’re encouraging our young people to do that. But if you make that choice, as we did, to move out of the money-making industry into the helping industry, then your salaries respond.” Faced with that reality, she adds, “many of our bright stars are going into corporate law or hedge-fund management.”

York reminds us that the Ivy League educated Obama’s don’t exactly have a lot in common with the good people of Zanesville Ohio. He also reminds us that the “helping industry” helps those with connected husbands alot more than those with truck driver husbands,

What she doesn’t mention is that the helping industry has treated her pretty well. In 2006, the Chicago Tribune reported that Mrs. Obama’s compensation at the University of Chicago Hospital, where she is a vice president for community affairs, jumped from $121,910 in 2004, just before her husband was elected to the Senate, to $316,962 in 2005, just after he took office.

Outside of a professional athlete, have you ever heard of such a statospheric raise in such a short period of time? If the “helping industry’ paid that well for everyone, lots of people would be happy to leave the evils of corporate America.

Millionaire populism is such a drag.

Kevin on February 29th, 2008

In a race between a Democrat and a Republican, the Republican must deal with a hostile press corps. In a race between two Democrats, the press, in this case Reuters, is treating Hillary Clinton like she’s the Republican.

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Just ask Condi Rice.

Kevin on February 29th, 2008

Did you know that “Julius Caesar proclaimed the last day of February as Leap Year Day, skipping it three out of four years. Back then, February 30th was the last day of the last month of the year, which is why he picked it.”

Here are 50 fun facts about Leap Year.

Kevin on February 28th, 2008

I came across a really interesting post by Eugene Volokh titled Supreme Court Recusals Because of Stock Ownership,

The L.A. Times reports that the Exxon Valdez punitive damages case might yield a 4-4 division — with no precedent being set, and the lower court decision being affirmed — because “Justice Samuel A. Alito Jr. withdrew because he holds Exxon stock.” And indeed important cases have in the past yielded 4-4 deadlocks because one Justice owned stock in one of the companies.

This is a pretty bad result, it seems to me: An important issue will be unresolved, the Justices’ time will be wasted, the parties’ money will be wasted, and all over what is likely just a few thousand dollars’ worth of investment.

He then linked to Professor Stephen Bainbridge, who wondered why Alito did not take advantage of Section 1043?

Under this provision, a judge thus can divest an asset causing a conflict of interest so as to hear the case and avoid paying capital gains provided the judge dumps any gains from the sale into a Treasury security or an approved mutual fund.

The provision was widely assumed to explain why Chief Justice Roberts first recused himself from the Stoneridge case and then reentered it.

I find that interesting on many levels. I would think during the vetting process a nominee would be advised to sell stocks or at least put them in a blind trust. Also, it’s not exactly a recent development, this Exxon Valdez case. Doesn’t the court have pretty good visibility into the cases that are likely headed their way? Alito has been on the Supreme Court since January 31, 2006, why would he have held onto Exxon stock all this time?

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Maybe he’s just lazy?