You Have To Get Excited Seeing the Royal Wedding

You have to be impressed with how the British Royal family puts on a celebration  and how this country embraces the Royal Family. Contrast that in how we  in America, do not respect our  President.  Not just this President, but many before him.  We are too busy playing political games to come together as a country.

The point is we have no institutions that can  command  the type of support that the Royal family receives.  perhaps its because we have no Royal Family, no traditions that last since the beginning of time. But it gives one room to wonder at the excitement that the Royal family generated today at the Royal wedding.

Obama Felt Compelled, Forced, to Show Birth Certificate, Trump Takes the Credit

President Obama is great at compromising, witness Obama showed his birth certificate.  He felt compelled to do so by the rant of  Mr. Toupee, “The Donald” Trump. Obama held a news conference  to show a full copy of his birth certificate and Trump held a news conference; and had a “whose your daddy moment”, while taking credit for forcing Obama to produce his birth certificate.  Who cried uncle first, President Obama?

Now everyone will think he is weak and will not stand up for principals or his stated values.  He was basically called out by Donald Trump.  Any sane man would have told Trump where to take his request and his toupee. Now it is too late for Obama to go back, every no name, insignificant idiot  will feel they can push President Obama into a corner and he will cave.

It is a shame that  it’s come to this. The nation’s first African-American president is  being questioned, called out, and outright disrespected by nearly everyone. It gives one room for pause when this has never happened to any other president. Just saying.

Trump Is A Distraction

Donald Trump continues his assault on President Obama, to produce his birth certificate.  He even accused Obama of faking his Harvard degree. Trump claims none of  Obama’s classmates even remember him. Perhaps Trump’s toupee has clouded his senses.  It’s all an act. Trump is good at that, he’s banking that enough people will buy into this nonsense to elect him president.  Trust me, it is nonsense, but there aren’t  enough people out there who will pause and give lip services to these ridiculous  accusations.

Right now, Donald Trump is nothing but a distraction and he can’t be taken seriously.

Trump Needs to Mend Fences And Strategically Pick His Battles

Theses are high stakes wars that Mr. Trump is waging.  He seems to want to attack President Obama and then Bill Cosby for coming to the President’s defense.  Any sane person would not go there.  But Trump would not stop there, he had to have the last word, so he comes out punching about Cosby’s  rant on the Today show.

Trump took a  real estate business and grew it into a successful worldwide organization. Apartments, Convention Centers, Casinos, you name it Trump branded it.  He does have a knack for business and particularly real estate.  He  deserves credit for what we has done in the business world.

Mr. Trump, for whom much is given, much is expected. That includes the ability to navigate above the fray, and not involve yourself in every little war of words  with  people who express opinions that really don’t matter. If Donald Trump were elected President, he would be too distracted trying to one up all his detractors in the US and around the world.

Success in the business world does  not translate into success in the political world. Trump will need to learn that lesson and make a few friends long the way. By attacking President Obama, he is effectively creating a number of enemies. That is not smart politics.

Donald Trump You’re Fired!

What’s up with Donald Trump and who gave him the idea that he could be President of the United States of America?  Perhaps President Obama inspired him.  The theory is if  Obama, can  become the nation’s first black President, how can the brilliant Mr Trump not be elected?  It happened before, a celebrity or actor becoming President of the United States,  Ronald Reagan broke that mode.

So Trump has lots of motivation to try to become President.  Its a noble goal and Trump certainly has the money.  But Trump lacks the most important thing, a  sure fire strategy. The best he can think of  is President Obama needs to produce a birth certificate.  That will not get him elected.    And we thought Donald Trump was a smooth businessman.

He is good at firing people every Sunday night, but somehow, I don’t think he qualified to be President or to hold a candle to President Obama.  When all is said and done let it be known that Donald Trump is out of  his league.

Gannett Print Revenue Continues To Slide

From Associated Press

A prolonged slide in Gannett Co.’s newspaper business overshadowed improvements in the company’s broadcast and online operations as the publisher of USA Today reported a sharp drop in first-quarter earnings.

The results released Monday marked the 17th straight quarter in which Gannett’s publishing division has brought in less revenue than the previous year.

Most other major newspaper publishers also have been struggling during the same stretch, which included the longest U.S. recession since World War II. With the economy slowly recovering, newspapers are still trying to adapt to a marketing shift that has driven advertisers from print to less expensive and more abundant alternatives on the Internet.

Digital revenue from newspaper websites and other businesses grew 12 percent, but that wasn’t enough to offset a 7 percent drop in newspaper advertising revenue, the bulk of which still comes from print. Net income fell 23 percent.

Gannett, which publishes more than 80 daily newspapers including USA Today, is the first major newspaper publisher to detail its performance for the first three months of the year. The New York Times Co. is scheduled to release its results Thursday. McClatchy Co., publisher of The Miami Herald and The Sacramento Bee in California, is set to report next week.

To cope with its downturn, Gannett has eliminated thousands of newspaper jobs in the past few years and imposed other cost-cutting measures such as requiring employees to take unpaid furloughs.

Gracia Martore, Gannett’s chief operating officer, told analysts Monday that about 1,000 workers at the company’s smaller newspapers will take furloughs in the current quarter, which ends in June. That’s 3 percent of the company’s work force of 32,600.

Gannett imposed more drastic furloughs in the first quarter, when most workers at all its U.S. newspapers except USA Today and the Detroit Free Press had to take one week of unpaid leave. The company did not say how many workers took the leave.

The cost-cutting has enabled Gannett to remain profitable and earned the company’s top executives larger bonuses. Gannett CEO Craig Dubow, for instance, received a $1.75 million bonus last year, a 21 percent increase from $1.45 million in 2009.

Shareholders also stand to benefit from the savings. During Monday’s conference call, Martore said that with the belt-tightening and an economy that is gradually improving, the company may be able to use its cash to buy back stock or restore part of the quarterly dividend. The dividend had been cut to 4 cents, from 40 cents, two years ago.

That prospect seemed to please investors. After initially falling on the first-quarter earnings news, Gannett shares gained 59 cents, or 4 percent, to close Monday at $15.39. The stock has dropped 75 percent since Gannett’s publishing revenue began falling in 2007.

Gannett earned $90.5 million, or 37 cents per share, in the three months ended March 27. Net income was $117 million, or 49 cents per share, a year earlier.

If not for charges to account for staff cuts and facility closures, Gannett said it would have earned 41 cents per share. That figure was a penny below the average estimate among analysts polled by FactSet.

Revenue fell 4 percent to $1.25 billion from $1.3 billion.

Gannett’s broadcast division saw revenue decline 2 percent to $164 million, in line with what the company indicated last month.

But the company said television revenue increased 7 percent after excluding about $24 million in revenue it got last year from political campaigns, the Winter Olympics and the Super Bowl. The Super Bowl was on Fox this year, and Gannett doesn’t have any Fox affiliates among its 23 TV stations.

Gannett also saw gains from its investments aimed at selling more online advertising and connecting with the growing number of readers on smartphones and other mobile devices such as Apple’s iPad.

The company said it had $251 million in digital revenue — online ads sold by its newspapers and TV stations, plus $158 million in revenue from standalone businesses such as online help-wanted service CareerBuilder. That was up 12 percent from about $224 million a year ago.

Gannett, which is based in McLean, Va., will try to spur more digital ad growth with a service called dealchicken.com, a clone of such popular online coupon services as Groupon and LivingSocial. Such services offer different discounts from merchants each day. After testing dealchicken.com at The Arizona Republic, Gannett is linking it to its newspapers and TV stations in 57 other U.S. markets.

Despite the expansion, Gannett’s digital operations still aren’t making enough money to compensate for the deterioration in print advertising and circulation.

The company’s publishing revenue, which includes ad revenue from the newspapers’ websites, was down 6 percent, or $61 million, to $930 million. By contrast, digital revenue for the entire company grew about $27 million; Gannett would not break down the portion from newspapers’ websites. The comparisons exclude revenue from The Honolulu Advertiser, which Gannett sold after last year’s first quarter.

The falloff in publishing revenue mirrored a management forecast made last month.

Gannett executives didn’t forecast when publishing revenue might increase. Dubow and Martore said the biggest problem facing newspapers is the fragile state of the economy in many U.S. markets, particularly in real estate. Automobile and employment advertising were among the bright spots for newspapers.

In a change underscoring the demise of print advertising, Gannett stopped disclosing the number of ad pages sold by USA Today, the nation’s second largest newspaper.

Dubow and Martore said showing the volume of USA Today’s print advertising no longer is a good way of tracking the newspaper’s success because it is pouring more resources into its website and mobile apps. Gannett said USA Today’s digital revenue rose 19 percent in the first quarter, although the company would not provide the dollar amount.