A Broadway depiction of former President Bill Clinton and former First Lady Hillary Clintonwill be ending its run early due to underwhelming ticket sales.
The production of “Hillary and Clinton” was scheduled to close July 21, but producer Scott Rudin announced Monday that its final performance will be held Sunday. June 23.
The play cost $4.2 million to produce and accumulated only $4.7 million at the box office, according to The Hollywood Reporter.
The show, titled “Hillary and Clinton,” takes place in March 2008 and offers a fictional behind-the-scenes look at the former secretary of state’s first presidential campaign as then-Senator Barack Obama began gaining momentum.
In Australia a week ago, the party of the left lost an election it was supposed to win, to a conservative government headed by an evangelical Christian who won working-class votes by opposing liberal climate policies. In India last week, the Hindu-nationalist prime minister, Narendra Modi, won an overwhelming electoral victory. And as of this writing, Europeans are electing a Parliament that promises to have more populist representation than before.
The global fade of liberalism, in other words, appears to be continuing. Right-wing populism struggles to govern effectively, but it clearly has a durable political appeal — which, as Tyler Cowen points out in a Bloomberg column, has not yet been counteracted by the new socialism, the new new left.
The global context is useful for thinking about how American liberals understand their own situation. Since the shock of Donald Trump’s election, many liberals have decided that their own coalition is the real American majority, victimized by un-democratic institutions and an anti-democratic G.O.P. . . .
If you want to put climate change at the center of liberal politics, for instance, then you’ll keep losing voters in the Rust Belt, just as liberal parties have lost similar voters in Europe and Australia. In which case you would need to reassure some other group, be it suburban evangelicals or libertarians, that you’re willing to compromise on the issues that keep them from voting Democratic.
Alternatively, if you want to make crushing religious conservatives your mission, then you need to woo secular populists on guns or immigration, or peel off more of the tax-sensitive upper middle class by not going full socialist.
But the liberal impulse at the moment, Buttigiegian as well as Ocasio-Cortezan, is to insist that liberalism is a seamless garment, an indivisible agenda that need not be compromised on any front. And instead of recognizing populism as a motley coalition united primarily by opposition to liberalism’s rule, liberals want to believe they’re facing a unitary enemy — a revanchist patriarchal white supremacy, infecting every branch and tributary of the right.
It’s far too early to predict which party will win next year’s election, but not too early to announce the national media as a clear loser in terms of national influence and prestige.
Pew reports that millennials have become as negative about major media as older generations, with their rate of approval dropping from 40% in 2010 to 27% today. Gallup tracks a similar pattern, finding 70% losing trust in the media, including nearly half of Democrats.
As Trump backers never cease to point out, the Mueller report undermined the supposedly rock solid case for “collusion.” Whatever the truth, a solid majority of Americans believe the Russiagate brouhaha was politically motivated. Some progressives, like Rolling Stone’s contributing editor Matt Taibbi, believe Mueller represents “a death-blow for the reputation of the American news media.”
Ironically, Trump, the man the media wanted to bring down, was largely their creation. At a party in 2016, my wife and I were regaled by a CNN account executive crowing about the company’s strategy of using Trump rallies, at the exclusion of others, to boost ratings. Once having created President Frankenstein, CNN then tried to keep up the ratings by chronicling his disposal — this worked for MSNBC which, unlike CNN, never much pretended to be an objective network. Today, CNN’s audience share has fallen below not only leader Fox, but MSNBC, Home and Garden, Discovery and Food networks.
Democrats are not the only ones who insist on proving yet again that socialism does not work. Panera Bread recently proved it by applying Marx’s “from each according to his ability, to each according to his needs” motto to selling food:
Panera Bread’s socialist pay-what-you-want restaurant, Panera Cares, will officially be closing shop on February 15 due to the business model’s unsustainability.
Moonbats like sustainability when it comes to envirotyrannical demagoguery, but not so much regarding economic matters.
Panera tried to create a socialist system in which meals were offered at a suggested donation price. That means some people would pay more while others would pay less based on what they felt like or could afford. By not simply offering food at a low price (hat-tip, Dollar Tree), Panera completely removed any incentive for patrons to meet even the lowest standards of consumer/retailer exchange. The result: some people paid their fair share while others enjoyed a “free lunch.”
If that sounds family, you may be thinking of the Welfare State.
Panera Cares went on to open five locations in cities like Dearborn, Portland, Chicago, Boston, and St. Louis. None of the restaurants were self-sustaining, with some locations reportedly being “mobbed” by students along with homeless people looking for a free meal.
This calls to mind the underdefended US border.
The last remaining Panera Cares will be shut down next week in Boston. Too bad the border won’t be shut down so long as socialists have a say in the matter.
When we think about an overflow of immigrants and strained resources for dealing with them, most conversations deal with the southern border. This story, however, takes place nearly as far from there as you can get in America. We’re talking about Portland, Maine. It’s a beautiful city (we took a vacation there last summer) and it has a lot to offer visitors. But Portland has also been known for its generous policy toward immigrants seeking asylum in the United States. They set up programs to provide housing in shelters and set aside funds to support them, along with a list of attorneys willing to do pro bono work on their claims.
Unfortunately for them, the word spread quickly that Portland was an excellent destination for those looking to flee to America and they began arriving in large numbers. Primarily coming from African nations, they have now overwhelmed the shelters and are drying up the available funds to help them.
Maine’s largest city, population about 67,000, is now struggling with an influx of asylum seekers, to the point where a local official is alerting shelters in other parts of the country to discourage people from heading here.
“The word is out there that our community is open to that population and has some assistance programs,” said David MacLean, administrator of Portland’s Social Services Division. “Our local resources are not able to keep up.”
Asylum seekers, who are primarily from African countries, now make up 90% of the people living in Portland’s city-run family shelter and overflow shelter, where new arrivals sleep on mats. A city fund that assists with necessities is dwindling fast, and pro-bono lawyers are overwhelmed with cases, Mr. MacLean said.
This is a very different story than the ones we hear about on the Mexican border. Very few of Portland’s guests are illegal immigrants. Most are here following State Department guidelines for those seeking asylum. When the program first began it seemed to work out fairly well. It’s a fairly balanced program, and those getting this housing and aid have to do work for the city as a condition of participation. But now it’s estimated that 65% to 70% of more than 1,000 people currently getting public assistance are noncitizen asylum seekers.
The shelters are running out of space and some new arrivals sleep on mats on the floors. Others are outdoors. And unlike southern California, Texas or Arizona, the weather in the winter is far from gentle. The funds the city spends on the program are being strained to their limits and they require frequent subsidiary payments from the taxpayers.
So what’s the lesson here? America remains a generous nation that’s willing to help those who are truly in need provided they follow the rules. But once the word gets out that the doors are open, you can quickly be overwhelmed. We already know that the immigration courts serving the southern border are months or years behind schedule and the housing available for detainees and asylum seekers are bursting at the seams. That can happen anywhere, including places like Portland. And while it may be painful to admit, there are limits even to our generosity.
GET WOKE? GO BROKE.
The Huffington Post began laying off employees Thursday as part of its parent company Verizon Media Group’s corporate restructuring plans.
HuffPost employees started receiving calendar invitations to meet with human resources in the morning, according to HuffPost reporter Andy Campbell. Among the areas impacted was the opinion editorial team, which was eliminated, Deputy Opinion Editor Chloe Angyal reported.
That PhD? “Pre-Barista”!
BuzzFeed News has announced a 15 percent cut in personnel in a new round of layoffs. Can you say “Instant Karma”? Altogether now, let’s sing a chorus of John Lennon’s “We all shine on”. I know it’s indulging in schadenfreude, but it feels so good. Let’s indulge and discuss.
The Wall Street Journal reported:
BuzzFeed is planning to lay off about 15% of its workforce, according to people familiar with the situation, as the company seeks to reorient itself in a shifting digital-media landscape.
The cuts could affect around 250 jobs, the people said. The firm, among the most high-profile digital-native publishers, also is looking to realign its resources to invest more in promising areas of the business like content licensing and e-commerce, one of the people said.
One impetus for the changes is to get BuzzFeed on the path to profitability and in proper shape as it scouts out potential merger combinations with other digital media players, the people said.
Another driver of the cuts is to help the company avoid raising money again, one of the people said. BuzzFeed has raised about $500 million and was valued at about $1.7 billion following its last funding round in 2016.
Doing the math, that means that the digital media company employs around 1500 people. A company that is not profitable employs that many people. Well, I guess it takes that many people to come up with quizzes, memes and fake news. I know that investing in digital is the wave of the future, but who are the fools that keep shoveling money into this gaping maw?
Well, actually, the fools include some major media players. From WSJ again:
Its investors include Comcast Corp.’s NBCUniversal—which has invested $400 million—Andreessen Horowitz, Lerer Hippeau Ventures, New Enterprise Associates, RRE Ventures and Hearst Ventures.
You might be interested to know that the Comcast/NBCUniversal behemoth also has pumped about $200 million into Vox Media, another digital media company chasing profitability. But what else do these companies have in common? They have the corporate strain of Trump Derangement Syndrome.
Former Vice President Al Gore hailed the city of Georgetown, Texas, for powering itself with only solar and wind energy, but now the city is losing millions on its green energy gamble.
Georgetown’s bet against fossil fuel prices cost the city-owned utility nearly $7 million this year, and prompted officials to look for a way out of their long-term contracts for solar and wind energy.
“It’s costing them big time,” Bill Peacock, vice president of research at the Texas Public Policy Foundation, told The Daily Caller News Foundation in an interview. “This doesn’t appear to be the first time they’ve lost money, just the first time it was big enough to have to go public with it.”
With sales falling after the implementation of corporate gun control Dick’s Sporting Goods may have to close 35 stores across 18 states.
The option of the closing the stores was revealed during a retail conference question and answer session with Goldman Sachs.
Dick’s Chief Financial Officer Lee Belitsky made clear no more of the company’s Field & Stream stores would be built and CEO Edward Stack went even further, floating the option of the closing the Field & Stream stores that exist already…………..
Additionally, Dick’s followed its decision to quit selling commonly owned semiautomatic rifles by destroying the unsold rifles in stock, rather than sending them back to the manufacturer. They did the same thing with “high capacity” magazines in their inventory. And on August 31, Breitbart News reported that Dick’s would begin removing “hunt products” from certain stores.
With sales falling, Dick’s now faces the option of closing its Field & Stream stores altogether. The Washington Free Beacon reports that Dick’s has 35 such stores across 18 states.
What's worse is that according to the woke and Macron himself this same broke France has got to find terrabucks to stop global warming and simultaneously cut back on destructive economic activity to save the planet. Where's the money going to come from?
— wretchardthecat (@wretchardthecat) December 11, 2018
Sales at Dick’s Sporting Goods dropped in the past three months amid backlash against tighter gun-sale restrictions following a mass killing early this year at a Florida high school.
Revenue dipped 4.5 percent to $1.86 billion amid challenges in the company’s hunting business during the quarter through Nov. 3. Sales at stores open at least 12 months – a key metric for the retail industry – fell 6.1 percent compared to the prior year.
Dick’s raised the minimum age to purchase a gun to 21 and stopped selling assault rifles last February after a Valentine’s Day shooting in Broward County that left 17 students and staff dead. The decision sparked opposition from conservative activists, some of whom had proposed arming teachers in response and threatened to boycott the brand, and prompted at least one employee to resign.
While Chief Executive Officer Edward Stack previously said the firearms policy brought in new customers and sales were reported as flat in August, Dick’s has now warned that “negative reaction” could affect future results.
Facebook is facing a mountain of problems.
The social media giant’s stock fell nearly 5 percent on Monday, hitting its lowest level since February 2017, as the social media company came under fire after a damaging report about its top management in The New York Times.
Facebook is poised to close its third straight month in the red, which would mark its longest monthly losing streak on record. Furthermore, Facebook is on track for its longest quarterly losing streak since 2013, and its first full year of losses since going public. According to some experts, the stock isn’t done falling.
“Technically, when I look at this, there’s no question that we’ve violated the long-term uptrend support line off of the  lows. We’ve got some support that’s going to come in right around $130, but better support coming in at $114,” Craig Johnson, chief market technician at Piper Jaffray, said Friday on CNBC’s “Trading Nation,” adding that he would stay on the sidelines here, rather than putting fresh money to work, or “further reduce positions on it at this point.”
So far that makes it $24 million that needs to be grossed, because even if they don’t acknowledge it, they still spent the money.
Michael Moore’s latest anti-Republican documentary tanked at the box office compared to his movies from a decade ago, as “Fahrenheit 11/9” barely registered with a $3.1 million take on its first weekend.
The title was a play on his 2004 documentary “Fahrenheit 9/11” that sought to expose mishandlings in President George W. Bush’s White House following the attacks on Sept. 11, 2001. The latest film, as Fox News previously reported, sought to do the same to President Trump at a key time for the country: the 2018 midterm elections.
“Fahrenheit 11/9” took in $3.1 million in 1,719 cinemas
Twitter shares were down as much as 6 percent Wednesday during CEO Jack Dorsey’s testimony before the Senate Intelligence Committee on meddling in the 2016 U.S. election.
Dorsey is testifying alongside Facebook COO Sheryl Sandberg about election meddling and abuse on their platforms. Google was also invited to testify, but the tech giant declined to send its CEO or parent company Alphabet’s CEO.Twitter’s stock fell 1 percent Wednesday before the committee hearing began. Other tech stocks were also down on Wednesday.
President Donald Trump and other prominent Republicans have accused Twitter, Facebook and Google of political bias in recent months, with frustrations intensifying in recent weeks. Trump last week said social platforms are “treading on very, very troubled territory and they have to be careful.”
“Now you’ll be able to tell progressive socialists from conservatives by their clothing choices. Levis and Nike – progressives. Wranglers and New Balance – Conservatives.”
American clothing company Levi Strauss & Co. announced Tuesday the launch of a new campaign aimed at preventing gun violence.
“We can’t take on every issue. But as business leaders with power in the public and political arenas, we simply cannot stand by silently when it comes to the issues that threaten the very fabric of the communities where we live and work,” he wrote. “While taking a stand can be unpopular with some, doing nothing is no longer an option. That’s why Levi Strauss & Co. is stepping up our support for gun violence prevention.”
Mr. Bergh said the company is stepping up its gun-control activism in three areas: First, by creating the Safer Tomorrow Fund, which will direct more than $1 million in philanthropic grants to boosting gun-control groups; Second, by partnering with Everytown for Gun Safety and Michael Bloomberg to form Everytown Business Leaders for Gun Safety; And third, by doubling the company’s usual employee donation match to organizations aligned with the new Safer Tomorrow Fund.
The company will also pay employees for their political activism, for up to five hours a month.
On Monday, the new face of Nike’s 30th anniversary “Just Do It” campaign was unveiled, and NFL fans will have no problem recognizing him: Colin Kaepernick, who started the protest movement back in 2016, when he declared, “I am not going to stand up to show pride in a flag for a country that oppresses black people and people of color.”
In early trading Tuesday, Nike’s shares dropped by nearly 4 percent, “the biggest intraday slide in five months,” Bloomberg reports. “Nike shares slipped as much as 3.9 percent to $79 as of 9:31 a.m. Tuesday in New York — the biggest intraday slide in five months. They had climbed 31 percent this year through Friday’s close.”
(Reuters) – Dick’s Sporting Goods (DKS.N) reported a bigger-than-expected drop in quarterly same-store sales on Wednesday and forecast further declines this year, hit by tighter gun controls and a drop in Under Armour sales.
Shares in the company fell as much as 10 percent after it posted a 1.9 percent drop in same-store sales, bigger than analysts’ average estimate of a 0.62 percent dip.
Dick’s was one of the first retailers to stop selling assault rifles and high-capacity magazines as well as bar the sale of guns to people under age 21 following a massacre at a Florida high school in February.
The company had predicted that its hunting guns business would be pressurized by the change in policy but said the move should also attract more people to its stores.
Dick’s said on Wednesday it expected annual same-store sales to decline by 3 percent to 4 percent, compared with a 0.3 percent decline in 2017.
100 Grand. What a statement
A California woman’s refusal to sell her family home to a Trump supporter may have cost her more than $100,000.
In March the woman placed her Sacramento-area home on the market for $625,000 with one stipulation: The buyer must not be a Trump supporter. She later took the home off the market for reasons that were not clear.
But now the two-bedroom, two-bathroom home is being sold for less than $500,000, leaving some to wonder if the significantly lower price is at all related to the no-Trump-supporters demand, the San Francisco Chronicle reported.
The original ad, saying Trump backers need not apply, had some questioning its legality. The Fair Housing Act, prohibits race, religion, sex, and national original (among other classifications) from consideration in a transaction, but makes no mention of political affiliation. Yet one lawyer claimed the stipulation was a violation of a potential buyer’s First Amendment rights.
The woman was nevertheless adamant, telling CBS Sacramento: “When you’re talking about principles, morals, and ethics, it’s very, very deep.”
Now the home’s most current listing is under a different real estate agent and makes no mention of any special “restrictions,” the Sacramento Bee reported.
Louisiana Attorney General Jeff Landry and the state’s Bond Commission denied $600 million to Citibank and Bank of America over the gun control stance adopted by both companies. Citibank and Bank of America were both to be part of a road financing plan in the state, but were omitted from the financial plan after arbitrarily placing new gun controls on banking customers.
Louisiana Executive Division press secretary Ruth Wisher told Breitbart News that Landry and State Treasurer John Schroder have been working on the state’s response to corporate gun control ‘for some time.’ Omitting them from the $600 million is part of that response.
One thing is clear: Little socialist twit is a stupid idiot, and that tells what a Boston University level education is actually worth today.
It really is hard to watch. pic.twitter.com/OGiPAArlce
— The Daily Caller (@DailyCaller) July 27, 2018
Present estimates for a Medicare-for-All system range from Bernie Sanders’ $14 trillion over ten years to the $28 trillion predicted by the Committee for a Responsible Federal Budget, according to a Politifact review almost exactly a year ago.
Here’s the BU economist on the pay-for:
“But one of the things that we saw is, if people pay their fair share, if corporations and the ultra wealthy — for example, as Warren Buffett likes to say, if he pays as much as his secretary paid, 15 percent tax rate, if corporations paid — if we reverse the tax bill, raised our corporate tax rate to 28 percent … if we do those two things and also close some of those loopholes, that’s $2 trillion right there. That’s two trillion dollars in ten years.”
$2 trillion over ten years doesn’t even pay for 20% of Medicare for All even under Bernie Sanders’ projections, let alone the rest of Ocasio-Cortez’ agenda.
From mathematical incompetence, Ocasio-Cortez tries on economic idiocy:
“If we get people to pay their fair share, that’s $2 trillion in ten years. Now if we implement a carbon tax on top of that, so that we can transition and financially incentivize people away from fossil fuels, if we implement a carbon tax — that’s an additional amount, a large amount of revenue that we can have.”
Well, how much more? She never says, and it’s clear that she has no idea.
Where Ocasio-Cortez sets herself apart, however, is by demonstrating utter incompetence on a basic federal budget item:
“Then the last key, which is extremely extremely important is re-prioritization. Just last year we gave the military a $700 billion budget increase, which they didn’t even ask for,” she said. “They’re, like, ‘we don’t want another fighter jet!’ They’re, like, ‘don’t give us another nuclear bomb,’ you know?”
We have to unpack a couple of levels of ignorance in this statement. First off, $700 billion is the entire annual defense budget for the United States, not a “budget increase.” It’s true that the final defense budget outstripped the original Department of Defense request of $639 billionfor FY2018, but only by $70 billion, not $700 billion. If we rolled back and capped DoD spending to FY2017 levels, we’d end up saving less than a trillion dollars over ten years — and if she thinks the Pentagon would cheer that result, she’s clearly not taken the time to discuss it with the military branches.
Put simply, Ocasio-Cortez’ agenda doesn’t add up, because Ocasio-Cortez seems incapable of math and basic research.
Probably explains this:
Get ‘woke’? Go broke.
Since President Trump’s shocking defeat of Hillary Clinton in the 2016 presidential election, conservative news websites who relied on Facebook to drive traffic to their sites, have watched engagement numbers drop as much as 93%. Are Facebook users getting sick and tired of Facebook deciding who they can and cannot see in their newsfeed? In a country where free speech is so highly valued, will Congress continue to ignore the monopoly social media giants run by liberal activists in Silicon Valley have on the dissemination of news?
Is today’s massive plunge in Facebook’s stock just the beginning of their problems?
Eric Church on Meeting Obama: ‘Found Him Nothing But Great’
What anyone does with this information is up to them.
Facebook pays for all its mistakes at once, and it is a big bill
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149.02 – 218.62
Facebook just suffered its worst day ever
- The company missed projections on key metrics after struggling with data leaks and fake news scandals.
- The stock is flirting with bear market territory — nearly 20 percent off its 52-week high — after having clawed its way back from those levels hit on the heels of the Cambridge Analytica privacy scandal earlier this year.