THE BEAUTIFUL DEPRESSION

Our generation has had no Great War, no Great Depression. Our war is spiritual. Our depression is our lives.

"Quote of the Day"

"There is no thousand-page bill that doesn't stink after a couple of months."


--Noam Scheiber

Tuesday, March 16, 2010

The Two-faced Times

October 2009 was a rough month for journalists, especially at the NY Times, as a headline read boldly, "Times says it will cut 100 newsroom jobs"

Even a round of journalists were fired -- GASP!

It has been intense for writers and reporters recently, adjusting to life as seen in one of those commercials where officemates fend for themselves in a jungle of ugly competition, low blows, and trap doors. With "Citizen Journalism" on the rise, it's become increasing frustrating to be a voice in society.

Especially when the so-called safe-haven for writers (i.e. the NY Times) is making their first round of cuts.

We shook our heads in disgust, and chalked it up to the drying times. But as time has revealed, NY Times CEO Janet Robinson received "roughly $4.9 million in compensation in 2009."

In an article by Breitbart, "Robinson's base salary fell 4 percent to $962,500. But she got a bonus of about $2.3 million, four times the size of her 2008 bonus.

Robinson also received stock options that were worth $1.6 million when they were granted. About $560,000 of that was meant to replace options that had been given in 2008 and were later voided because they exceeded a limit set by company bylaws."

So is the big-headed news outlet (too big to fail?) bringing in enough money to satisfy the appetite of one of the farthest reaching newspapers in the United States or aren't they???

Or is it the high-end fat cats that aren't through licking their paws?

What will be the change...

1 comments:

  1. The people at the top will always make sure they are taken care of, even at the expense of losing people at the bottom.

    ReplyDelete