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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Friday’s unemployment numbers, Super Bowl ads, and AOL’s purchase of the Huffington Post.
We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.
Related Links:
U.S. jobless rate drops, but experts question how many actually found jobs
Money Matters: Deciphering Bureau of Labor unemployment statistics
AOL to Acquire Huffington Post
Who Will Profit From AOL’s Deal for Huffington Post?
LEAKED: AOL’s Master Plan
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Well Arianna is good at one thing
jackhammer Monday, February 7th at 11:43AM EDT (link)And that is find people as desperately in need of attention as she is, and milking them for a tonne of money.
She did it playing the beard for her husband, stealing the name in the process, and now she is doing ti for AOL…..if that thing doesn’t turn a decent profit now, when she doesn’t pay her staff, and half her articles are just links to other stuff, how will it make money for AOL.
And selling to AOL, wouldn’t that company just be better off calling it quits, and dispersing whatever money is just left in the bank to their shareholders? It is a vestige of a time when it was tough to get on the internet, about as relevant as the horse and buggy industry was in 1948…..
jackhammer, did you hear about the segregation
lineholder (Diary) Monday, February 7th at 2:30PM EDT (link)policies of Huffington Post?
http://pajamasmedia.com/blog/arianna-huffingtons-insulting-treatment-of-minorities/
Wonder if AOL will continue this policy under Ms. Huffington’s leadership?
Interestingly, the Reagan job boom started the same way
Death_of_the_Donkey (Diary) Monday, February 7th at 12:58PM EDT (link)Francis, look at the data from early 83, it almost exactly mirrors what we are seeing today (declining labor force, lower unemployed, but no real increase in employment in the household survey). It does this roughly through May before the jobs start showing up (household survey only, obviously in that case the establishment survey was showing big gains).
But does that mean history will repeat itself?
earlgrey (Diary) Monday, February 7th at 2:53PM EDT (link)The odds are stacked against return on investment for any type of inverstment in the US including an investment in the american wiorker. When you make if harder for people to succeed, fewer will try. Otheriwise, I would be trying out for the next Olympics.
Because these bailouts always worked out so well for all the other lib blogs
H (Diary) Monday, February 7th at 1:11PM EDT (link)like for example…. errr…. ummm… Nevrmind.
So how long until we're getting the Communist Manifesto on CDROM in the mail? NT
bannedtroll Monday, February 7th at 1:30PM EDT (link)I’m a banned Democrat who came here to promote the idea that Republicans are racists for disliking Barack Obama.
Sweet!
tomswifty Monday, February 7th at 2:23PM EDT (link)I’ve been missing my drink coasters arriving in the mail
Liberals prove yet again that Free Market Capitalism Works!
After Seven (Diary) Monday, February 7th at 4:03PM EDT (link)Of course, we can assume Arianna will be returning $300,000,000 to the US Treasury…to help out the people and all…I mean she didn’t really earn it did she? And how much money does a person really need? All those fat cats in the blogosphere need to start giving back. Right?
“The powers delegated by the proposed Constitution to the Federal Government, are few and defined. Those which are to remain in the State Governments are numerous and indefinite.” ~ James Madison
(Federalist 45)
A lot of money for that liberal site...
enzomedici Monday, February 7th at 4:23PM EDT (link)I sometimes go there to see what the liberals are up to, but I can’t believe it sold for that much. I also visits sites like Digg & Reddit, but conservative stories rarely make the front page since most of the members are die hard liberals. I started using http://www.subbmitt.com instead. All stories make the front page and they are not liberal biased either.
Huffers go to AOL
kyle8 (Diary) Monday, February 7th at 6:00PM EDT (link)and common sense is SOL
“Nothing works like freedom, Nothing succeeds like liberty”
Kyle
Doesn't this deal just mean
proudmarinemom (Diary) Tuesday, February 8th at 8:30AM EDT (link)that AOL sold out its investors by funneling money to Arianna Huffy’s pal, George Soros?
This deal smells. What else is going on here?