Archive for March 27th, 2009

Must Reading From William Greider

March 27th, 2009

William Greider, on Bill Moyers’ Journal on PBS, wants Americans to start shaking things up

His new book, COME HOME AMERICA: THE RISE AND FALL (AND REDEEMING PROMISE) OF OUR COUNTRY, doesn’t mince words from the very first sentence: “I have some hard things to say about our country.” And he does.

After outlining many of the systemic problems he feels the United States faces, Greider lays out the case for a fundamental restructuring of America’s economy and society. He compares the moment — a decline in American power exarcerbated by the financial collapse — to World War II, not literally, but as a moment of economic transformation.

“Just as World War II presented a chance to thoroughly reorder American life,” he writes, “this generation of Americans has the opportunity — the obligation — to envision a country very different from the one we have known for more than half a century.”

In the Washington Post this past Sunday, he wrote:

The president is getting what he asked for, but perhaps not what he had in mind. During the campaign, Barack Obama beckoned Americans to put aside their cynicism about politics and re-engage as active citizens. They are now doing so with red-hot anger. They are outraged by events and forcing their way into congressional affairs and behind closed doors where policy wonks discuss issues with cerebral civility. The president is now trapped between these two realms — the governing elites who decide things and the people who are governed. Which side is he on? If he does not choose wisely, the anger could devour his presidency.

The immediate impetus is the latest outrage from the financial sector.

Obama Told Us To Speak Out, But Is He Listening?

Interesting but troubling stuff. Any thoughts activists?

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New York Times Papers Reduce Staff, Salaries

March 27th, 2009

by Glynn Wilson

The New York Times newspaper company is in such financial dire straights that it has announced a 2.5 percent salary reduction at its regional newspapers, which now includes The Tuscaloosa News and The Gadsden Times in Alabama since the company announced the sale of The Florence Times Daily last week.

This letter was sent out to Times employees via e-mail this week.

Dear Colleagues,

As you know, the global economic crisis is taking its toll on a broad range of businesses and sectors, here in the U.S. and around the world. We have reported in our own newspapers and on our own Web sites that the economy is likely to continue struggling throughout this year and possibly longer.

Given this economic outlook and the changes occurring in the media business, we, regrettably, must take even more steps to lower costs. We have been, and continue to, reorganize and reduce our staff, which means we are saying goodbye to many of our close colleagues. Now, in addition, we are lowering salaries through the end of this year for all remaining nonunion employees and, in exchange, providing additional time off. We plan to approach the Newspaper Guild in New York to ask for its participation in the program and to continue working with our unions in Boston and our other locations on lowering our costs, including wage reductions.

The salaries of all employees at The New York Times Media Group (with the exception of the IHT, which is working on other cost reduction measures), The Boston Globe, Boston.com and Corporate in New York will be rolled back by 5%, starting this April, and these employees will receive 10 additional days off to use before the end of the year.

At the About Group, Baseline, Globe Direct, International Media Concepts, Regional Media Group, Shared Services Center and Worcester Telegram & Gazette, the approach is similar, with salaries being rolled back by 2.5% with five additional days off. We made the distinction between the two groups by taking into account location and other factors. Next year, we plan to return salaries to their current levels. Of course, such a decision depends on the state of our business.

Many of you will have questions about these actions. Your manager or department head has been briefed with more details and is your best source of information.

This was a very difficult decision to make. The environment we are in is the toughest we have seen in our years in business. Across our Company, you and your colleagues have worked hard to introduce innovative products and services, reduce expenses and improve productivity. We are deeply grateful for your efforts and proud of your achievements. As we take these painful steps together, we remain confident that our great Company will keep moving forward to better times.

Sincerely,
Arthur and Janet

The Times announced last week it was selling its newspaper in Florence, the TimesDaily, to the company that publishes The Decatur Daily, an independently owned newspaper also in north Alabama.

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