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Keyword: zuckerman

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  • Mort Zuckerman totals single mom’s car (NY Daily News Publisher)

    09/09/2013 4:25:43 PM PDT · by lowbridge · 30 replies
    NY Post ^ | september 9, 2013 | Jeane Macintosh
    Billionaire New York Daily News publisher Mort Zuckerman left the scene of a Hamptons accident after plowing his fancy Lexus into a parked Ford – and now his insurance company is sticking the stunned owner of the totaled car with the $4,000 tab. Single mom Charlene Peele has been told by the media and real estate mogul’s insurer that she’ll get just $13,000 for her wrecked 2009 Fusion, even though she still owes $17,000 on what is now a heap of scrap metal. “It’s outrageous,” Peele told The Post of her ongoing five-week fight with the media mogul’s insurance company....
  • Mort Zuckerman: Why the Country Is Unhappy Under Obama

    10/07/2012 10:35:57 PM PDT · by neverdem · 54 replies
    U.S.News & World Report ^ | October 5, 2012 | MORTIMER B. ZUCKERMAN
    In the debate Mitt Romney suddenly assumed the stature of a president while American hasn't found its way under Obama's failing leadership When you accumulate some of the adjectives from the pundits, the media, and other appraisals that were not from the right but from baffled sympathizers and centrists, there is no doubt that President Barack Obama clearly lost the debate this week, as a matter of both substance and tone. Take your pick from the river of insults: listless, meandering, lazy, dull-brained, long-winded, languid, and flaccid were just some of the epithets from the pundits. Even the New York...
  • Mortimer Zuckerman: Those Jobless Numbers Are Even Worse Than They Look

    09/08/2012 10:20:33 PM PDT · by george76 · 41 replies
    Wall Street Journal, ^ | September 7, 2012 | Zuckerman
    Still above 8%—and closer to 19% in a truer accounting... Don't be fooled by the headline unemployment number of 8.1% announced on Friday. The reason the number dropped to 8.1% from 8.3% in July was not because more jobs were created, but because more people quit looking for work. The number for August reflects only people who have actively applied for a job in the past four weeks, either by interview or by filling an application form. But when the average period of unemployment is nearly 40 weeks, it is unrealistic to expect everyone who needs a job to keep...
  • This Week’s Birthday Boy—“Cuba’s Elvis!” Fidel Castro

    08/18/2012 2:30:19 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | August 18, 2012 | Humberto Fontova
    “Fidel Castro could have been Cuba’s Elvis!” (Dan Rather.) “Fidel Castro is one hell of a guy! “You people would like him!” (Ted Turner to a capacity crowd at Harvard Law School during a speech in 1997.) “Fidel Castro is old-fashioned, courtly—even paternal, a thoroughly fascinating figure!” (Andrea Mitchell.) “Castro has brought very high literacy and great health-care to his country. His personal magnetism is powerful, his presence is commanding.” (Barbara Walters.) “Viva Fidel! Viva Che!” (Jesse Jackson while arm in arm with Fidel Castro himself in 1984.) "Fidel Castro is very shy and sensitive, I frankly like him and...
  • Unemployment Is Still the Biggest Election Issue (2008 Obama supporter Mort Zuckerman)

    07/24/2012 2:31:22 PM PDT · by Signalman · 6 replies
    WSJ ^ | 7/23/2012 | Mort Zuckerman
    <p>The assessment that the U.S. economy is "stuck in the mud," recently given to lawmakers by Federal Reserve Chairman Ben Bernanke, underscores again that there has been no recovery since the theoretical ending of the recession in June 2009. For the 80% of Americans born after World War II, this is their Great Depression.</p>
  • Short sellers lining up to bet against Facebook

    05/23/2012 12:30:10 PM PDT · by C19fan · 12 replies
    Reuters ^ | May 23, 2012 | Edward Krudy and Alistair Barr
    Short sellers desperate to bet against Facebook shortly after its debut on public markets are now getting their chance. Shares of the much-anticipated IPO have fallen sharply since they opened at $42.05 on Friday amid an initial flurry of trading problems at the Nasdaq and after news that top underwriters cut their revenue estimates just days before the offering. Yet, short sellers are still eager to bet against the stock given its lofty valuation.
  • Investors File Suit Against Facebook, Underwriters

    05/23/2012 7:49:43 AM PDT · by Sub-Driver · 10 replies
    Investors File Suit Against Facebook, Underwriters By DAVID BENOIT Three Facebook Inc. investors filed a civil lawsuit Wednesday in Manhattan federal court, alleging the company and its underwriters failed to properly disclose changes to analysts' forecasts made at the underwriting banks. The suit follows reports that analysts at Morgan Stanley and Goldman Sachs Group Inc. cut their revenue forecasts on Facebook amid the investor roadshow, a change that wasn't widely disseminated. Late Tuesday, Massachusetts sent a subpoena to Morgan Stanley following the reports. Several other plaintiffs' lawyers have said they filed suits over the offering in other courts throughout the...
  • Cain Accusers Boyfriend Affirms Story-He's Also Just Filed Bankruptcy and Lost 300K Gambling

    11/14/2011 9:40:41 PM PST · by Billlknowles · 21 replies
    WeArePolitics.com ^ | 11-15-2011 | Bill Knowles
    The mainstream media, as well as publicity hog attorney Gloria Allred, is leaving no stone unturned as they have gone after former Godfather Pizza CEO Herman Cain. However, WeArePolitics has learned that the former boyfriend of one of Cain's accusers might have a great deal of motivation for backing up his ex's claims: cashing in on the story. Oh yeah...and the mainstream media conveniently has not checked into this guys past... It seems that Dr. Victor Zuckermann has had a great deal of money problems over the last few years and might be looking on a quick payday to get...
  • Victor Zuckerman, Bialek's "witness" and his fun lawsuit escapades

    11/14/2011 10:23:05 AM PST · by struggle · 347 replies · 2+ views
    HOLY S*** GUYS STRUGGLE STRIKES GOLD AGAIN! http://il.findacase.com/research/wfrmDocViewer.aspx/xq/fac.20110324_0000757.NIL.htm/qx LOLOLOLOLLLOLOLOLOLOLOOLOL So that’s why Zuckerman wants money! Send this to Cain and all your media outlets!
  • The Exasperation of the Democratic Billionaire ( Mortimer Zuckerman )

    10/15/2011 6:40:45 PM PDT · by george76 · 27 replies
    wsj ^ | OCTOBER 15, 2011 | JAMES FREEMAN
    Real-estate and newspaper mogul Mortimer Zuckerman voted for Obama but began seeing trouble as soon as the stimulus went into the pockets of municipal unions. 'It's as if he doesn't like people," says real-estate mogul and New York Daily News owner Mortimer Zuckerman ... The Boston Properties CEO is trying to understand why Mr. Obama has made little effort to build relationships on Capitol Hill or negotiate a bipartisan economic plan. A longtime supporter of the Democratic Party, Mr. Zuckerman wrote in these pages two months ago that the entire business community was "pleading for some kind of adult supervision"...
  • Mort Zuckerman: For First Time Since Their State's Founding Israelis Feel Americans Aren't Behind

    05/22/2011 6:45:44 PM PDT · by Nachum · 50 replies
    Newsbusters ^ | 5/22/11 | Noel Sheppard
    Contrary to what NBC's David Gregory said Friday, U.S. News & World Report editor Mort Zuckerman believes that in the wake of President Obama's Mideast speech, "The Israelis do not feel they have the Americans at their back for the first time since the founding of the state of Israel." Such was said during a heated debate about the subject on PBS's "McLaughlin Group" (Snip) Mclaughlin: You know what that's called? That's called betrayal. Zuckerman: Yes, that’s exactly what they feel. The Israelis do not feel they have the Americans at their back for the first time since the founding
  • Mort Zuckerman Smacks Down Eleanor Clift's Claim Egypt Protesters Are Secular: 'That's Nonsense!'

    02/13/2011 8:17:38 PM PST · by Nachum · 15 replies
    News Busters ^ | 2/13/11 | Noel Sheppard
    For the second week in a row, Newsweek's Eleanor Clift found herself in a hostile crowd on PBS's "McLaughlin Group." During a lengthy segment about the crisis in Eqypt, after Clift claimed the protesters were secular, the entire panel almost pounced on her with Mort Zuckerman saying several times, "That's nonsense" (video follows with transcript and commentary): MORT ZUCKERMAN: We have an absolutely perfect example of whether our interests and our values are aligned here in Egypt, because our interests as Pat says, we're tied in with a lot of very, very conservative, monarchial or shall we say non- democratic...
  • Abortion: A fetus doesn’t care

    12/09/2010 8:48:32 AM PST · by Lorianne · 63 replies
    The Tower of Light ^ | 09 December 2010 | David Zuckerman
    Seeing as I just discussed murder, it seems fitting to next discuss abortion, as abortion is murder. When you get an abortion, you are killing a living organism, something that had the potential to become a fully-developed human being. I understand the perspective of the pro-life movement. However, we kill living things all the time. We chop down trees to build our homes, we kill rodents and insects when they intrude said homes, we kill fish and other animals for sport and for nutrition purposes, and neither microorganism nor mouse is safe in Smith Hall; they are constantly killed for...
  • 6TH AVENUE BLOODBATH (MEDIA BLOOBLATH?): NBC, CNN CHIEFS OUT

    09/24/2010 8:59:35 AM PDT · by kcvl · 142 replies
    Drudge Report ^ | Sept 24, 2010 | Matt D.
  • The End of American Optimism (Mort must be hearing it from his liberal friends)

    08/16/2010 1:38:29 PM PDT · by Hojczyk · 26 replies
    Wall Street Journal Opinion ^ | August 16, 2010 | MORTIMER ZUCKERMAN
    Our brief national encounter with optimism is now well and truly over. We have had the greatest fiscal and monetary stimulus in modern times. We have had a whole series of programs to pay people to buy cars, purchase homes, pay off their mortgages, weatherize their homes, and install solar paneling on their roofs. Yet the recovery remains feeble and the aftershocks of the post-bubble credit collapse are ongoing. We are at least 2.5 million jobs short of getting back to the unemployment rate of under 8% promised by the Obama administration. Concern grows that we are looking at a...
  • Obamanomics Is Our Economic Katrina

    07/17/2010 3:27:29 PM PDT · by Starman417 · 4 replies
    Flopping Aces ^ | 07-17-10 | Curt
    Great article from one time Obama supporter Mort Zuckerman about Obama's vilification of Big Business, Small Business and all those in between: The growing divide and tension between the Obama administration and the business world is a cause for national concern. As Clive Crook wrote in the Financial Times, Obama is "a president under business attack." He is certainly under sharp criticism and for good reason: He has lost the confidence of much of the business community, whose worries over taxes, the dramatically increased costs of new regulation, and a general perception that the administration is hostile toward them and...
  • Zuckerman 2008: Wrote Obama Speech, Endorsed/Voted for Him...

    07/13/2010 7:20:18 AM PDT · by Reaganite Republican · 19 replies
    Reaganite Republican ^ | July 13, 2010 | Reaganite Republican
    This liberal editor of US News and World Report and owner of Long Island's New York Daily News has got to rank amongst the mostly deeply disappointed of Obama voters from the sound of it. Clearly an intelligent man, what happened then to Zuckerman and so many of these "thinking" individuals in 2008... when an unwritten affirmative-action agenda and marketing considerations took precedence over all sensible prerequisites and due-diligence... and in filling the most powerful executive position on Earth, good grief. But now that he's come out of the ether, Zuckerman is one of Obama's harshest critics- talking to Neil...
  • The Lights Go On In Aspen

    07/09/2010 6:26:01 PM PDT · by Kaslin · 17 replies
    IBD Editorials ^ | July 9, 2010 | Investors Business Daily staff
    Responsibility: Media mogul Mort Zuckerman warned a gathering of trendy luminaries that Washington's policies are hostile to what made America great. Funny he didn't see that coming.The owner of U.S. News & World Report and New York Daily News was featured at the Aspen Institute's sixth annual Aspen Ideas Festival last week. Unfortunately, this is one successful tycoon who didn't realize that bad ideas have bad consequences. Joined by Harvard's British financial historian Niall Ferguson on a panel moderated by David Gergen, veteran of the Clinton White House, Zuckerman was praising America's entrepreneurial culture when he suddenly warned his well-heeled...
  • Zuckerman – “Obama White House Most Hostile Administration To Big Business In Decades”

    07/09/2010 2:19:31 PM PDT · by Starman417 · 7 replies
    Flopping Aces ^ | 07-09-10 | Curt
    Great video of Mort Zuckerman on that hack channel MSNBC in which he goes off on the notion that all of Obama's vehemence against business is just rhetoric and it won't hurt big business, small business, and investors: [VIDEO AT SITE] Common sense dictates that all the new czars, big-business takeovers, and regulations will increase costs, reduce profits and bring down the stock prices, which in turn not only hurts business owners and employees but investors. Read more at floppingaces.net...
  • The Useful Idiots Begin to Blubber (e.g. Noonan and Zuckerman)

    06/19/2010 10:16:54 PM PDT · by ransomnote · 19 replies · 412+ views
    DailyPundit.com ^ | June 18, 2010 | Bill Quick
    You know, folks like Noonan and Mort Zuckerman whining about Obama, after they praised him, pushed him, and voted for him in the face of all the evidence that led less besotted observers to see him for the empty suit he was, and is, leave me stone cold. Especially because these are the same snotty jackasses who arrogate to themselves superiority over those of us less “perceptive” folks. Listen up, you punked, chumped boobs: We looked at Obama not through your rose colored hallucinations, but through the cold, clear spectacles of reality.
  • Mort Zuckerman: America’s jobless picture is alarmingly bleak

    06/06/2010 11:51:30 PM PDT · by 2ndDivisionVet · 21 replies · 105+ views
    The Financial Times ^ | June 6, 2010 | Mort Zuckerman
    We are drifting. We take comfort in bits of good news, but we are in dangerous waters; the Great Recession is being starkly revealed as a global crisis with the US, the traditional engine of recovery, sputtering on every cylinder. The US government responded with dramatic financial support by transferring money to the household sector. But outside of these transfers the personal income of Americans is still declining; the residential market remains stagnant at best; consumer growth is nominal. The only real energy in the economy has come from the cessation of inventory liquidation, which is now the main factor...
  • The Bankrupting of America

    05/20/2010 5:42:05 PM PDT · by GOP_Lady · 23 replies · 956+ views
    The Wall Street Journal ^ | 05-21-10 | MORTIMER ZUCKERMAN
    We have a ruinous collaboration of elected officials and unionized public workers. The American public feels it is drowning in red ink. It is dismayed and even outraged at the burgeoning national deficits, unbalanced state and local budgets, and accounting that often masks the extent of indebtedness. There is a mounting sense that taxpayers are being taken for an expensive ride by public-sector unions. The extraordinary benefits the unions have secured for their members are going to be harder and harder to pay. The political backlash has energized the tea party activists, put incumbents at risk in both parties, and...
  • Mort Zuckerman: Obama’s ‘Done Everything Wrong’ (video)

    http://www.youtube.com/watch?v=UC1oRvzHdhQ&feature=player_embedded
  • On Israel, Obama Playing the Mideast Game Wrong

    04/23/2010 3:44:31 PM PDT · by SJackson · 15 replies · 404+ views
    US News ^ | April 23, 2010 | Mortimer B. Zuckerman
    The Middle East peace process is stalled thanks to a second deadlock engineered by the United States government. President Obama began the process with his call for a settlement freeze in 2009 and escalates it now with a major change of American policy on Jerusalem. The president seeks to prohibit Israel from any construction in its capital—in an exclusively Jewish suburb of East Jerusalem. This, despite the fact that all former administrations had unequivocally understood that the area in question would remain part of Israel in any final peace agreement. Objecting to this early phase of the planning process for...
  • Mortimer Zuckerman announces he will not run for the Senate

    03/02/2010 5:58:21 PM PST · by AlanD · 11 replies · 322+ views
    The field in the battle for a New York Senate seat became a little clearer Tuesday when Mortimer B. Zuckerman announced he would not join the race. Mr. Zuckerman, chairman and publisher of the Daily News, said personal and professional reasons were behind his decision not to challenge Democratic Sen. Kirsten Gillibrand. "I was encouraged by many major political figures in New York to look closely at running for Senate," Mr. Zuckerman said. "However, at this time, it is very difficult to see how I can devote the necessary time to either a campaign, or to working in Washington, if...
  • Run, Mort, run! (against Gillibrand)

    02/15/2010 2:28:08 PM PST · by neverdem · 24 replies · 561+ views
    NY Post ^ | February 15, 2010 | Masthead Editorial
    The emergence of real-estate magnate -- and Daily News Publisher -- Mortimer Zuckerman as a potential candidate for the United States Senate is an event all New Yorkers of good will can welcome. This isn't an endorsement of Zuckerman's candidacy. Indeed, it's not at all clear that he'll even make the run. But here's hoping he does. The Senate seat in question is now held by David Paterson protégé -- and Chuck Schumer hand puppet -- Kirsten Gillibrand. She's an upstate cipher whose sole qualification for the job is that Paterson appointed her to it when Hillary Rodham Clinton gave...
  • Zuckerman Is Said to Be Weighing Bid for Senate

    02/12/2010 5:31:47 PM PST · by CaptainK · 24 replies · 715+ views
    New York Times ^ | 2/12/10 | MICHAEL BARBARO and TIM ARANGO
    Mortimer B. Zuckerman, the real estate tycoon and publisher of The Daily News, is considering a bid for the Senate seat now held by Kirsten E. Gillibrand, according to two people told of the discussions. Mr. Zuckerman regards Ms. Gillibrand as vulnerable to a challenge and is hoping that, at a time of economic tumult and political unrest, his background as an outsider to government, and his record as a business executive, will appeal to the state’s electorate, these people said.
  • Zuckerman Said to Mull Run for U.S. Senate (for the GOP)

    02/12/2010 2:54:53 PM PST · by MarkAccord · 39 replies · 897+ views
    Mortimer B. Zuckerman, real estate tycoon and publisher of The Daily News, is considering a run for the Senate seat now held by Kirsten E. Gillibrand, according to two people told of the discussions. Mr. Zuckerman regards Ms. Gillibrand as vulnerable to a challenge and is convinced that, at a time of economic tumult and political unrest, his background as an outsider to government, and his record as a businessman, will appeal to the state’s electorate, these people said. He would be the latest boldface name to weigh a run for the seat this fall; the former Tennessee congressman, Harold...
  • Mort Zuckerman and the Obama Kool-Aid Drinkers: America’s Fourth Great Awakening

    01/25/2010 9:57:17 AM PST · by Vigilanteman · 10 replies · 1,184+ views
    Big Journalism ^ | 25 January 2010 | Frank Ross
    Some among the heaviest of Obama Kool-Aid drinkers are awakening to the performance gap between the campaign myth of Obama versus the reality of his inability to govern. America’s Fourth Great Awakening has begun. Historians widely recognize three Great Awakenings. The First Great Awakening (1730’s-1740’s) spread across the United Kingdom and the Colonies with a religious fervor among what became the mainline Protestant denominations: Baptists, Methodists, Presbyterians, etc. The Second (1790-1840’s) witnessed Christian conversions, camp meetings, and evangelical excitement giving birth to the Holiness movement and, indirectly, the spread of a new sect – the Mormons. The Third (1840’s-1900’s),...
  • Mort Zuckerman: How to Get Americans Working Again

    01/23/2010 10:22:32 AM PST · by Comrade Brother Abu Bubba · 33 replies · 1,050+ views
    U.S. News and World Report ^ | January 15, 2010 | Mort Zuckerman
    HOW TO GET AMERICANS WORKING AGAIN How can we accelerate a substantial recovery in job growth that will generate additional labor income? There is no snap answer. If government officials try to pretend that there is, they will undermine what little is left of their credibility. But this is no argument for inertia. We don't need another Andrew Mellon at the Treasury Department advising the president, as Mellon did Herbert Hoover: "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate." We must have programs that create some degree of confidence America can be rebuilt, and jobs with it. I...
  • Former supporter Zuckerman fires 2nd shot over Obama’s bow

    01/22/2010 4:10:13 PM PST · by Starman417 · 29 replies · 1,448+ views
    Flopping Aces ^ | 01-22-10 | Mataharley
    It was just yesterday that I posted about the equally meteoric rise and fall of BHO. But apparently driving Obama's failures home... not merely confined to the MA special election loss... was important enough for Mort Zuckerman - former Obama supporter - to again fire another political shell over Obama's bow. After recapping domestic and foreign failure after failure on record, Zuckerman's op-ed in US News and World Report, "The Incredible Deflation of Barack Obama" comes to a single conclusion: The consequence is that there isn't a single critical problem on which the president has a positive public rating. Only...
  • Liberal Mort Zuckerman: Obama's 'Done Everything Wrong;'

    01/21/2010 9:58:38 AM PST · by FromLori · 21 replies · 1,246+ views
    You Tube ^ | 1/21/10
    Even the loons are complaining!
  • Mort Zuckerman: Obama's Done Everything Wrong (MUST-SEE video of Mort trashing Obama on Cavuto)

    01/20/2010 8:52:37 PM PST · by catnipman · 30 replies · 1,226+ views
    Neil Cuvuto Show on FNC ^ | 1/20/10 | Neil Cuvuto
    Video of Mort Zuckerman totally trashing Obama
  • As Democrats Lament Voting For Obama, I Have To Ask: Who Are The 'Wingnuts' Now?

    01/20/2010 5:39:32 PM PST · by Michael Eden · 7 replies · 616+ views
    Start Thinking Right ^ | January 20, 2010 | Michael Eden
    Democrats don't seem to be finding any "hope and change" in their messiah. You know who is? Republicans. After all, it is really an incredibly amazing - frankly a miraculous - "change" that a Democrat president could actually turn Camelot Republican. That's FAR more than we ever could have "hoped" for. How's THIS for a title from a Democrat regarding Barack Obama? "He's Done Everything Wrong." Uber Obama lib Mort Zuckerman has written a mea culpa on the Daily Beast. Here's the essence of the article in bullet points: He's Done Everything Wrong* Obama punted on the economy * He...
  • The free market is not up to the job of creating work (Mort Zuckerman: Get Used to 10% Unemployment)

    10/21/2009 6:12:15 PM PDT · by Libloather · 28 replies · 946+ views
    Financial Times ^ | 10/18/09 | Mort Zuckerman
    The free market is not up to the job of creating workBy Mort Zuckerman Last updated: October 18 2009 19:21 America has always been a country that thrives on hard work, thrift and self-reliance. We have all absorbed Benjamin Franklin’s maxim: “Early to bed and early to rise, makes a man healthy, wealthy, and wise.” This helped create jobs. In an application of Schumpeter’s notion of creative destruction, the US lost 44m jobs in the last two decades of the 20th century, but simultaneously created 73m private sector jobs. A stunning 55 per cent of the total workforce was in...
  • Drowning in debt: Obama's spending and borrowing leaves U.S. gasping for air

    08/09/2009 5:35:26 PM PDT · by Clintonfatigued · 41 replies · 1,391+ views
    The New York Daily News ^ | August 9th 2009 | Mort Zuckerman
    The unprecedented, improbable and indeed almost unimaginable global financial crisis has virtually put an end to the comfortable notion that American and Western capitalism would dominate the world economy. In turn, the financial meltdown threatening another Great Depression has been the rationale for a phenomenal expansion of government spending to prop up demand and fend off economic disaster. As a result, the deficit quadrupled from $459 billion in 2008 to $1.85 trillion this year. It has gone from 3.2% of gross domestic product to 13.1%, twice the post-World War II record of 6% in 1983 under President Reagan. What's more,...
  • Mortimer Zuckerman's $200 Million Gamble

    08/08/2009 11:55:03 PM PDT · by bruinbirdman · 9 replies · 798+ views
    Forbes ^ | 8/7/2009 | Dirk Smillie
    Daily News publisher is spending a mint to remake the paper. Wait till you hear his plan to save the rest of the industry Mortimer Zuckerman is chairman and co-founder of publicly traded Boston Properties, editor in chief of U.S. News and World Report and publisher of the Daily News. A Harvard Law grad, he's a fixture on Sunday talk shows like The McLaughlin Group. Off-air, he's often mid-air: Zuckerman traveled to Tangier in early August to attend events commemorating the 10-year rule of Morroco's King Mohammed VI. Zuckerman, with an estimated net worth of $2.8 billion, spoke to Forbes...
  • The Economy Is Even Worse Than You Think

    07/15/2009 3:15:26 AM PDT · by Zakeet · 30 replies · 1,491+ views
    Wall Street Journal ^ | July 14, 2009 | Mortimer Zuckerman
    The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad. The Bureau of Labor Statistics preliminary estimate for job losses for June is 467,000, which means 7.2 million people have lost their jobs since the start of the recession. The cumulative job losses over the last six months have been greater than for any other half year period since World War II, including the military demobilization after the war. The job losses are also now...
  • Nine Reasons the Economy is Not Getting Better

    07/14/2009 9:54:07 AM PDT · by AreaMan · 38 replies · 1,855+ views
    US News & World Report ^ | 13 July 2009 | Mortimer B. Zuckerman
    Article Comments (16) Nine Reasons the Economy is Not Getting Better Jobs data paint a discouraging picture of more pain to come By Mortimer Zuckerman Posted July 13, 2009 We are now looking at unemployment numbers that undermine any confidence that we might be nearing the bottom of the recession. The appropriate metaphor is not the green shoots of new growth. A better image is to look at the true total of jobless people as a prudent navigator looks at an iceberg. People Who Read This Also Read Are Seniors Being Targeted as Bad Drivers? 26381302 Sebelius: Public Option Would...
  • The Economy Is Even Worse Than You Think

    07/14/2009 8:56:40 AM PDT · by reaganaut1 · 64 replies · 2,889+ views
    Wall Street Journal ^ | July 14, 2009 | Mortimer Zuckerman
    The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad. [...] Here are 10 reasons we are in even more trouble than the 9.5% unemployment rate indicates: - June's total assumed 185,000 people at work who probably were not. The government could not identify them; it made an assumption about trends. [...] - More companies are asking employees to take unpaid leave. These people don't count on the unemployment roll. - No fewer than 1.4...
  • Talking ourselves to death: Obama must get tough on an increasingly dangerous Iran

    03/22/2009 5:11:38 AM PDT · by StatenIsland · 23 replies · 669+ views
    New York Daily News ^ | 03/22/09 | Mort Zuckerman
    Iran is making fools of everyone. Even as it lies about its closeness to acquiring nuclear missiles, it continues to menace the political order throughout the Middle East, pressing on with rocketry and rearming Hamas and Hezbollah. And that mischief is nothing compared to what it will do if it is allowed to become a nuclear power. President Obama's tentative video overture to the Iranians on Friday must not become an opportunity to let them buy more time for their nuclear program. Nuclear Iran will be a threat to U.S. national security, worldwide energy security, the efficacy of multilateralism and...
  • (NY) DAILY NEWS OWNER MORT ZUCKERMAN MADOFF VICTIM (Steven Spielberg, too?)

    12/15/2008 2:41:47 AM PST · by jimbo123 · 47 replies · 2,398+ views
    NY Post ^ | 12/15/08 | CHUCK BENNETT and FRANK ROSARIO
    Daily News owner and real-estate mogul Mort Zuckerman is one of the investors ripped off by swindler Bernard Madoff, it was reported today. Zuckerman, who also owns US News & World Report, has "significant exposure" through a fund that invested virtually all of its assets with Madoff, The Wall Street Journal says, quoting a person familiar with his investments. A Zuckerman spokesman did not comment to the Journal. The Journal further reported that powerhouse movie director Steven Spielberg's charity, Wunderkinder Foundation, also got burned, investing roughly 70 percent of its money with Madoff. A spokesman said he couldn't comment on...
  • Mort Zuckerman: The right way to save the economy

    10/02/2008 2:35:09 PM PDT · by 2ndDivisionVet · 16 replies · 837+ views
    The New York Daily News ^ | October 2, 2008 | Mort Zuckerman
    In the boom years the financial world, which we call Wall Street, reaped rewards to satisfy King Midas. In just one recent year, 2006, its firms paid out an astonishing $62 billion in bonuses (no, this is not a typo). The "masters of the universe" created not one bubble, but two: a housing bubble and then a credit bubble, and now that both have burst we face a growing danger of a global financial panic. Every day that passes without a remedy multiplies the risk of a complete freeze up of the financial and credit markets. This threatens a crash...
  • (NY)Post and (NY)Daily News Explore Print Pact (Dinosaur Media DeathWatch™)

    07/15/2008 3:29:12 PM PDT · by abb · 7 replies · 257+ views
    The New York Times ^ | July 16, 2008 | Tim Arango
    Rupert Murdoch, whose News Corporation owns The New York Post, and Mortimer B. Zuckerman, the real estate developer and owner of The Daily News, who for years have been bitter tabloid competitors, are considering the unthinkable: cooperation. Representatives of Mr. Zuckerman and Mr. Murdoch have been in discussions for several weeks to find ways to combine some business functions of The Daily News and The Post, according to people briefed on the matter. They spoke anonymously because the talks are at a sensitive stage and both sides had hoped they would remain confidential. Talks between the two papers began in...
  • Stop the Energy Insanity

    07/11/2008 11:09:17 PM PDT · by flyfree · 50 replies · 198+ views
    US News ^ | July 10, 2008 | Mortimer Zuckerman
    No combination of solar, wind, ethanol, biodiesel, or anything else will allow us independence in the foreseeable future. We are in a hole—and still digging. We have oil at a catastrophic $140 a barrel yet no sign of a bipartisan energy policy assured of passage—let alone the forceful execution needed to expand domestic supplies and restrict domestic consumption. Instead, we have the blame game about greedy speculators, careless consumers, and cowardly politicians, inevitable maybe in an election year but a betrayal of the promise of America. In the meantime, as gasoline soars over $4 a gallon, the availability of credit...
  • U.S. News dropping its weekly frequency (Dinosaur Media DeathWatch™)

    06/09/2008 5:19:30 PM PDT · by abb · 28 replies · 96+ views
    Media Life ^ | June 9, 2008 | Diego Vasquez
    Newsweekly will begin publishing every other week By Diego Vasquez Jun 9, 2008 Long rumored, it's now a fact. Mort Zuckerman's U.S. News + World Report is formally dropping out of the newsweekly race, leaving the field to Time, Newsweek, The Week and The Economist. Next year, U.S. News will go biweekly, in a shift of focus away from news and the print title to its rankings, such as of colleges and hospitals, and toward its online properties, with their emphasis on data. Calls to publisher Bill Holiber were not returned. A spokesperson for the magazine could not say when...
  • Rudy Runs the Rapids

    04/02/2007 10:13:12 AM PDT · by areafiftyone · 56 replies · 714+ views
    U.S. News and World Report ^ | 4/1/07 | Mort Zuckerman
    The 2008 marathon has begun in double quick time. It is disconcerting to be so far ahead of where we normally are in presidential elections, but the political reality today is that the clusters of primaries, rivers of funding, and bookings of TV spots and experts are all on fast forward. I will be discussing the main contenders in this space, but one has to start with the contender who has come out, in the words of the Civil War cavalry Gen. Nathan Bedford Forrest, "firstest with the mostest." Rudy Giuliani.To everyone's surprise, Giuliani has been dominating the Republican preference...
  • Yusef Jackson invests in first media venture ( Burke buying another paper ? )

    06/30/2006 6:50:50 PM PDT · by george76 · 6 replies · 328+ views
    Chicago Business ^ | June 29, 2006 | Gregory Meyer
    Beer distributor Yusef Jackson has finally added a coveted title: publisher... Son of Rainbow/PUSH Coalition leader Rev. Jesse Jackson is attempting to resuscitate Radar, a saucy New York culture magazine that folded last year. He also said he’s hungry for other media properties, including the Chicago Sun-Times, for which he was an unsuccessful suitor in 2004, and possibly properties Tribune Co. sells off as it pares $500 million in assets amid a corporate restructuring. Mr. Jackson declined to say who his co-investors are in Radar. In 2004 he sought to buy the Sun-Times with California billionaire Ron Burkle, but he...
  • Moscow's Mad Gamble

    01/22/2006 5:55:22 PM PST · by Tailgunner Joe · 19 replies · 913+ views
    U.S.News & World Report ^ | 1/30/06 | Mortimer B. Zuckerman
    Russian President Vladimir Putin,in an interview several years ago, criticized America's decision to go to war against Iraq and told me, "The real threat is Iran." He was right. But Russia has become part of the problem, not the solution. Iran today is the mother of Islamic terrorism. Tehran openly provides funding, training, and weapons to the world's worst terrorists, including Hezbollah, Hamas, the Palestinian Islamic Jihad, and the Popular Front for the Liberation of Palestine, and it has a cozy relationship with al Qaeda. It has given sanctuary to major al Qaeda terrorists, including senior military commander Saif al-Adel,...
  • Seeing the Job Through

    12/03/2005 4:32:25 PM PST · by ncountylee · 11 replies · 553+ views
    U.S.News & World Report ^ | 12/12/05 | Mortimer B. Zuckerman
    President Bush arrived a little late with the 7th Cavalry. Until he rode up last week with an arsenal of powerful arguments for fighting on in Iraq, his policy had been dangerously enfiladed by hostile fire, some of it wild but all of it taking a toll on public confidence. The ambush by Rep. John Murtha was a critical moment, his record as a defender of America in blood and word suddenly legitimizing the argument for pulling U.S. troops out of Iraq. A new CNN/ USA Today /Gallup poll found that a majority of Americans want the troops withdrawn within...