Imus

pbfoot · 05-09-2007, 04:57 PM

Quote:

Originally Posted by FLYBOYJ

You got it wrong - CBS is private - it doesn't affect anything except what the sponsors will have to pay to broadcast on that network.

I imagine they have insurance for that type of thing so you really do end up paying for it in a round about way . the insurance companies never seem to lose money they just jack up your premiums

FLYBOYJ · 05-09-2007, 05:18 PM

Quote:

Originally Posted by pbfoot

I imagine they have insurance for that type of thing so you really do end up paying for it in a round about way . the insurance companies never seem to lose money they just jack up your premiums

I doubt Imus sueing CBS for 40 million is going to jack up my insurance premiums - what is going to be jacked up? Auto? Homeowners? CBS is worth multi billions - 40 million would probably be nothing for them, they probably spend that much a year covering Barbara Streisand and the rest of the left wing hollywood wackos.

This kind of thing goes on all the time, CEOs of some companies were fired and walked away with a larger compensation package.

pbfoot · 05-09-2007, 05:48 PM

Add up all the suits like that and it doesn't look as insignificant

renrich · 05-09-2007, 06:42 PM

If Imus wins his suit maybe it will break CBS from suckin eggs.

timshatz · 05-09-2007, 08:06 PM

Quote:

Originally Posted by renrich

If Imus wins his suit maybe it will break CBS from suckin eggs.

.

If wishes were true man...I feel your pain.

Only good thing about the Big Three (CBS, NBC and CBS) as well as lib newspapers is they are losing customers. I love that part.

" BIGGEST NEWSPAPERS

Avg. paid weekday circulation of the 20 largest newspapers, 6 mos. ended March 31; change from a year ago.

1. USA TODAY 2,272,815 up 0.09%

2. Wall Street Journal 2,049,786 down 1.00%

3. New York Times 1,142,464 up 0.50%

4. Los Angeles Times 851,832 down 5.40%

5. Washington Post 724,242 down 3.70%

6. New York Daily News 708,477 down 3.70%

7. New York Post 673,379 down 0.70%

8. Chicago Tribune 579,079 up 0.90%

9. Houston Chronicle 513,387 down 3.60%

10. Arizona Republic 438,722 down 2.10%

11. Newsday (Long Island) 427,771 down 2.70%

12. The Star-Ledger (N.J.) 398,329 up 0.90%

13. San Francisco Chronicle 398,246 down 15.60%

14. Boston Globe 397,288 down 8.50%

15. Atlanta Journal-Constitution 365,011 down 6.70%

16. Star Tribune (Minn.-St. Paul) 362,964 down 2.90%

17. Philadelphia Inquirer 350,457 down 5.10%

18. Detroit Free Press 345,861 up 0.04%

19. (Cleveland) Plain Dealer 343,163 down 1.60%

20. St. Petersburg (Fla.) Times 323,031 down 4.40% "

Saw another survey where the NYT and Trib were down. Now that is what I call "Good News".

Njaco · 05-09-2007, 09:10 PM

The only problem with that is they'll charge their advertisers more money to take up the slack and then it filters down to us by goods costing more.

Matt308 · 05-09-2007, 11:30 PM

Jeezus people. Have any of you taken an economics course? You sound like a bunch of conspiracy theorists who flunked highschool.

pbfoot · 05-10-2007, 06:07 AM

Nope never took economics

FLYBOYJ · 05-10-2007, 07:32 AM

Folks, if CBS went bankrupt, it doesn't mean squat. Pan Am went broke, a lot of it because of lawsuits over the Lockerbie bombing but yet you pay no more for an airline ticket or any thing else. I hope Imus wins his money then gets his long overdue lobotomy...

Njaco · 05-10-2007, 08:52 AM

I'm not a conspiracy nut and I never took economics but doesn't it make sense the money has to come from somewhere? I mean if CBS or whatever bigwig must shell out umpteen million dollars how do they replace it? It is business and just giving out money is not good business practice. There are ways either through stocks, tax break, cost of services, etc. that the consumer ultimately pays for.

timshatz · 05-10-2007, 09:00 AM

Not neccesarily. CBS is a brand. I believe is a subsidiary of Viacom. All entertainment stuff. If you don't watch much TV and don't go to the movies, Imus can Bankrupt them for all you care and it won't affect you.

On top of that, and this goes to the economics arguement, the free market system means if somebody craps out 'cause their business model is flawed (plain english- the idiots run the company into the ground), somebody else will take up the slack and continue producing the product/providing the service in the failed company's place. So if CBS goes bankrupt (as highly unlikely as it is highly desireable), you click over to Fox, NBC or whatever.

Njaco · 05-10-2007, 09:38 AM

I agree with you but even with a bankruptcy there are costs involved that filters down.

With companies as big as CBS the money is huge and everywhere in the system there are buyouts, bonuses, etc. that still pulls cash from the consumer. Smaller businesses would fit your simplified model of supply and failure but its complex the larger they are.

I'm just saying that somewhere, somehow the Middle class gets hit with some of the costs.

Matt308 · 05-10-2007, 11:17 AM

Quote:

Originally Posted by Njaco

I'm not a conspiracy nut and I never took economics but doesn't it make sense the money has to come from somewhere? I mean if CBS or whatever bigwig must shell out umpteen million dollars how do they replace it? It is business and just giving out money is not good business practice. There are ways either through stocks, tax break, cost of services, etc. that the consumer ultimately pays for.

Folks, the world economy is not a finite element. That is what many would like you to believe, "the have's vs the have nots". What makes America so attractive to the world is not that we've "stolen all that finite wealth from others", but rather that America gives you opportunities to "make your own wealth".

It's not a zero sum game here people. That is a fundamental principle behind democracy. Everyone has opportunity to excel and find their niche. To think otherwise is socialism.

timshatz · 05-10-2007, 11:40 AM

Good point Matt. Can't really improve on it.

Njaco · 05-10-2007, 11:41 AM

I totally agree with you, Matt. Thats why I'm a conservative. BUT. Our systems allows two idealologies to co-exist. One that says you build yourself up and the other that says you're too stupid, you need the government to do it. As such we are fighting these two philosophies at once. I can build myself up, start a business, work hard, save, etc. But then the other says you can't do it without the gov making sure your building is built right, you have insurance, your service is proper and safe and secure and won't harm the public, that my workers get everything they ask, that I hire with a world equality/minority slant (the h*ll with someone who's qualified), etc., etc.,..

There are no have or have nots in my thinking. We should all work for the betterment of ourselves without a crutch. But this duel relationship we have sometimes costs us where we don't expect.

Again, I say, somehow, somewhere we will feel this in our pockets.

Quote:

It's not a zero sum game here people. That is a fundamental principle behind democracy.

I agree, but its the application of that principle that gets screwed.