*SNORT*
Keep Free Republic Alive!
Donating Monthly would be Ideal.
Generous FReeper Sponsors are donating $10 for every New Monthly Donor
Koch Industries is not a publically traded company. L.A. couldn’t purchase stock if they wanted to.
Everywhere we look Liberals are trying to suppress and shutdown conservative speech.
These people care as much for liberty in their actions as they do for their garbage.
Hilarious. Apart from all the laugh lines about the sacred standards of journalism practiced by the LA Times as now constituted, there’s the additional piquant irony of the stony broke and deep in the red LA pension fund being brandished as a weapon by the same liberal pinheads who turned the city into a basket case.
Your talking about the L.A city council, there is no depth too low for them to go. They make Soros look conservative.
Civil Rights violation. Very clear.
The reason to sell your stock in the LA Times is because it is a failing business model. However, if you want to sell because it is the PC things to do, well I guess that is okay as well.
But if you think your selling will have any effect one way or the other you don’t understand the way stocks work.
In order to sell, someone else has to buy. The more people wanting to buy then sell, the price of the stock goes up. If more people want to sell then want to buy, the stock goes down.
Outside of the stockholders none of that has any effect on the business itself (unless they own a lot of their own stock).
This all reminds me of how Rush will pick who will win a football game depending on which teams name is more PC. It the City of Los Angeles wants to pick stock based on how PC they are then go for it. The sooner they go bankrupt the better.
I hope they invest a lot in Green Energy and Battery Cars and wind mills. We know how these PC industries are doing.
If the Koch brothers offer LA Times subscriptions online, I’d buy one because they’d be one of the few conservative, large newspapers in the country.
yank investments by the city’s three pension funds in the Tribune Co., which owns the Times, if the company opts to sell the paper to someone who does not uphold “the highest terms of professional and objective journalism.”Hellooo?... the reason LA Times has to be sold is because it's CRAP.
Its outrageous... that the pension funds are still invested in the old buggy whip firm now. They should be placed in someplace financially viable regardless of who the old white elephant gets pawned off on.
Only a stupid liberal would invest pension fund money into a dying medium anyway.
>> Legal experts say Rosendahl’s political motivations in directing the city’s pension funds could run afoul of the Kochs’ First Amendment rights.
Racketeering? Coercion?
The Kochs have as much right to buy the paper as anyone.
I just wish they were actually as conservative as most people think they are.
“City funds?” We didn’t know that the paper was communist-owned, but we do now.
The Communist Takeover Of
America - 45 Declared Goals
#20. Infiltrate the press. Get control of book-review assignments, editorial writing, policy-making positions.
http://rense.com/general32/americ.htm
(HURRY, commies!!!)
““turning L.A.’s metropolitan daily into an ideological mouthpiece whose commitment to empirical journalism would be unproven at best,” Rosendahl wrote.”
And what is it now?
“We cannot support the sale of the Times to entities who Times readers would view as a political transaction first and foremost, turning L.A.’s metropolitan daily into an ideological mouthpiece whose commitment to empirical journalism would be unproven at best,” Rosendahl wrote.
That’s really rich!
Satire?
Government leaders are threatening to intervene if a republican may purchase the local newspaper?
“the highest terms of professional and objective journalism.”
If that is a problem they should have never invested in the first place/
The LA Times is as big a DNC tool as the NY Times.