Jim Barnett’s Why NYT Co. might not be as quick to sell the Globe as you might think at Nieman Journalism Lab
The Globe does cost a lot more than my Honda to operate. But the really big bucks — the $1.1 billion purchase price — is money long since spent. Just like the cost of a new car bought 13 years ago, there’s no way to recover anything close to the purchase price. I can tell by checking the Blue Book value.
General Motors’ Hummer
Steve Buttry’s AP contradiction: Move forward but restore
When I read the Associated Press “Protect, Point, Pay” plan, I think of the Hummer.
General Motors thought it was moving forward when it trotted out the massive sport-utility version of a military vehicle. The Hummer represented a lot of smart work by a lot of engineers and GM sold a lot of Hummers. It carried on a GM tradition of massive vehicles under the Cadillac, Buick and Oldsmobile brands. But how did the Hummer work out in the long run? How’s GM doing today? In a world threatened by climate change and in a nation dependent on oil from unstable regions, the Hummer was simply the wrong move.