The first domino has fallen.

The Tribune Co., publisher of what used to be some of America’s best newspapers and operators of 23 television stations, has filed for bankruptcy, citing nearly $13 billion in debt compared with $7.6 billion in assets.

Let’s make book: Who’s next?

Could it be McClatchy, the nation’s third-largest newspaper chain, which is looking for a buyer for its flagship, the Miami Herald? Or the New York Times Co., struggling with debt and trying to cop a $225 million mortgage on its year-old grand edifice of a headquarters in Manhattan to get more cash on hand?
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By Jeff Huber

William S. Lind, co-creator of the Fourth Generation Warfare concept and director of the Center for Cultural Conservatism, says a lot of smart things about national security, but he doesn’t say any of them about the issue of gays and women in the military. My admittedly limited experience of the gay lifestyle hasn’t endeared me to it: my older male dog humps my younger male dog, my younger male dog humps my leg, and I pay all the bills; an arrangement, come to think of it, not so different from my experience of marriage. So I don’t, so to speak, have a dog in the fight over whether gays or women should be “allowed” to serve in the military, but Lind makes such a cock and bull argument against it I feel obliged to apologize on behalf of the entire heterosexual male community.

In a pair of recent opinion pieces, Lind asserts that we shouldn’t let women and gays in the armed services because if we do, “men who want to prove they are real men will not join.”

Lind’s relative manliness doesn’t necessarily add to or subtract from his opinion’s validity, but unnamed sources who knew him when assure me that the closest he ever came to wearing a uniform was Full story »

In the past I’ve written about a variety of generational issues, and have often focused on the Millennials. At times I’ve been construed as dogging them pretty hard. As I’ve tried to explain, my criticisms of them (for being entitled, for lacking critical thinking skills, etc.) haven’t really been criticisms of them, per se – a cohort that’s 75-100 million strong doesn’t get to be a certain way all by itself. The blame, if we want to use that word, falls on those responsible for educating and developing the generation.

Further, some have erroneously interpreted my critiques as somehow suggesting that my generation – X – was without flaw. Which, of course, is ridiculous. Every generation has its relative strengths and weaknesses, and X has been a trainwreck in some respects.

All of which leads me to the other morning, when fellow scrogue Brian Angliss forwarded along the link to a Washington Post column from Neil Howe, the man who co-authored, along with William Strauss, the finest series of works on America’s generations I’ve ever encountered. Full story »

Link of the Week (as opposed to the Weakest Link)

Diana Henriques, the New York Times, Bailout Monitor Sees Lack of a Coherent Plan:

“Our objectives in asking Congress for a financial rescue package were to first stabilize a financial system on the verge of collapse. . . ” Mr. Paulson said at one recent hearing. “If the financial system were to collapse, it would significantly worsen and prolong the economic downturn.”

File that under: Ya think? Full story »