LifeLock fined $12 mllion – about a year ago, Dave Ramsey explained why what LifeLock was doing was improper and wasn’t going to work. The CEO of Lifelock – who gave out his real social security number as proof of the serivce – has been a victim of identity theft – surprise!
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Art Stone
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Art Stone
Rush repeats / clarifies that his statement was he would go outside the U.S. for medical treatment, not move out of the country if Obamacare passes.
That’s fine for elective surgery, but what about when you think you’re having a heart attack in Hawaii? Who in Costa Rica is a specialist in cochlear implants?
It’s opening the door to the bigger question – if the income stream of doctors (or over regulation) is the outcome of Obamacare, where might doctors go to practice medicine (the way Canadian doctors mostly migrate to the United States now and Canadians with money go to Florida or Michigan for treatment)
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Art Stone
Bye bye Joey Reynolds – WOR is picking up Coast to Coast in New York, making WOR closer to the defacto Premiere affiliate in New York according to the NY Daily News.
Not clear yet if Reynolds will remain on the WOR network or other shows may move. I hope Steve Malzberg isn’t overextended on a mortgage. He’s going to become expendable when Hannity moves to WOR
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Art Stone
Is Youtube the news network of the future? I noticed Reuters is now posting their news video there.
A little disturbing is the number of videos of the trainer death at Seaworld staying in the most watched. Should news edit out death or is news editing out death part of the problem?
Will this encourage people to do stupid things trying to make YouTube videos?
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Art Stone
Bruce WIlliams did his final show Friday – his goodbye letter is on his web site. For the next two weeks, he’s available for local hosts to do interviews.
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Art Stone
Glenn Beck Broke My Server!!! – the server has been running at capacity today, which is resulting in slower than normal response times. Glenn Beck has been running 20-25% more listeners than Rush (here) for the past few months… today, he is at 50% above Rush, and the day is far from over. If you would avoid non-essential activity today, it would be appreciated, although the worst is probably over…..
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Art Stone
“Which Founding Father do you admire the most?” – if you’re a politician and you’re about to be interviewed by Glenn Beck, you better have a cogent answer to that question. Glenn’s guest yesterday fumbled that question – he came up with “George Washington” – probably the first idea that popped in his head – but while Washington led the troops and was the first President, it wasn’t his ideas that laid the foundation for the Constitution.
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Art Stone
KPAM in Portland OR has finally moved to their new schedule. They were able to pick up Savage and moved almost every program. Hannity and Levin are gone, they’ve added John Gibson and Hugh Hewitt(!). Neal Boortz will be on about 2 AM Eastern. Victoria Taft moves from afternoon drive to lunch time.
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jmyrlefuller
The rant that’s making waves today… Eric Massa has had a weekly radio show on Sunday mornings since early 2008, before he won election to Congress (never mind the violation of equal time rules), on WHHO– the same station that had its license revoked a month ago. The show moved to the former sister station, WKPQ… and this week, with Massa on the verge of quitting halfway into his first term, lit into the Democratic Party leadership, Rahm Emanuel in particular. He conjures up pictures none of us really wanted to ever see– Emanuel and Massa arguing naked in the House shower. He says that the investigation was over an off-color comment he made when drunk at a New Year’s Eve party, and that the real motivation behind the investigation was that Massa wouldn’t go along with the health care bill (he had been pushing for single payer and thought that it was better not to have a bill than to force through a bill that had a real chance of being counterproductive). I haven’t heard the whole thing yet but apparently he made rumblings about leaving the Democratic Party if his health ever permitted him to run for office again.
It’s almost as if he had gone Republican.
(Link above is an audio archive of the whole show)
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Art Stone
The 2010 estate tax screwup…. just listened to a local show with a tax person talking about the traps that Congress has put in place. With all the other 3000 page bills running around, one of the things that happened was that Congress let the Estate tax expire (as the Republicans intended a long time ago)…. but if Congress does nothing this year, the tax reverts to its pre-Republican high rates in 2011..
So if you’re worth a few billion dollars and have pancreatic cancer, you might want to die in 2010…. but more seriously, people with complex estate planning in place can really get socked if they don’t get their plans updated…. they mentioned it is common for people to set up “generation skipping trusts” where the surviving spouse is left an amount equal to the estate tax exemption. Since there is currently no estate tax, that means the surviving spouse would get nothing, and all of the money would pass to the grandchildren – not the desired intention.
It’s also unclear what happens if Congress does change the law when you’re part way through the process of settling the estate. Congress has a way lately of implementing retroactive tax changes when they fail to pass bills on time.
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Art Stone
How does a fireman from New Jersey afford a $430,000 condo in Florida?
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Art Stone
Lady Gaga Can’t do this
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Art Stone
SC Senator Lindsey Graham slipped up over the weekend and called himself a Democrat…. I think it may have been on Meet The [de]Press[ed]. (Newsweek on Air?) He was talking about the Gang of 14 that used the filibuster threat to block Bush’s judge appointments unless the Gang approved of them….
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Art Stone
HFCS backlash – the news at the top of the hour reports that companies are starting to switch back to sugar from High Fructose Corn Sweetener because of consumer demand [and probably fear of future litigation over causing obesity and type 2 diabetes] Another news story reported that soda sales at high schools are down 72%…
Here is the story from the Wall Street Journal
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Art Stone
“Good” Citadel and “Bad” Citadel – over the weekend, I noticed that the 100 or so small market pre-merger Citadel stations (the ones collected by Larry Wilson and then bought by Forstmann Little) have not had a “Change of Control” or license assignment filed at the FCC. Since Citadel is now in Bankruptcy, what happened here?
The answer seems to be that as part of the merger process, they created Citadel Broadcasting Corporation (with 71% of the “ownership” in publicly traded shares, but control by the PE firm). Citadel CORPORATION owns two subsidiaries – Citadel Company that owns the original stations, and Alphabet Acquisition Company (“ABC…”) which holds the ABC Radio stations. Only the Alphabet stations are showing as having a debtor in possession, which suggests the debt in default only has a legal claim against the ABC stations (which their money was used to buy).
I speculated way back in early 2009 that Citadel might ultimately be split back into the Larry Wilson company (that Farid Suleman has no interest in running) and sold off… wouldn’t it be rich if they were sold back to Larry Wilson at Alpha Broadcasting?
obbop 8:25 pm on March 9, 2010 Permalink | Log in to Reply
I will miss the old curmudgeon’s voice and fatherly advice.
CharlieJ 12:48 pm on March 10, 2010 Permalink | Log in to Reply
One of the most enjoyable jobs and periods of my life was in the mid 1980’s when I worked at a local radio station. One summer while on the evening shift, I was a board-op (the days before modern automation and de-regulation) for Bruce’s program. I listened to him every night for months and I think it developed my affinity for talk-radio.
He did a great show and every time I tuned in in subsequent years, hearing his program was both enjoyable and a bit of nostalgia for a wonderful time in my own history.
He was a ground breaker and put on a first class program.