SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (59474)2/17/2009 1:03:28 AM
From: Neeka3 Recommendations  Respond to of 224749
 
No Kenneth.......each of us experience events individually. I am not in this with you or the Congressmen who voted for this horrible law. A law that will enslave millions of workers and destroy my children's and grandchildren's future. I am not with that. I do not support that. I am not "in this together" with you or The One.



To: Kenneth E. Phillipps who wrote (59474)2/17/2009 1:07:11 AM
From: Hope Praytochange1 Recommendation  Respond to of 224749
 
A Reporter Faces the Naked Truth: a buddy of kennyboy (american spit)

By KEVIN HELLIKER

A couple of years back, around the time he was turning 50, Michael Precker was in his prime as a journalist. He'd never imagined himself doing anything else: "I knew in seventh grade I wanted to be a newspaperman."

A graduate of Columbia Journalism School, he was a foreign correspondent for 11 years in the Middle East and wrote feature articles on countless subjects for the Dallas Morning News. One year, the paper nominated him for a Pulitzer Prize.

Now he has a new job: running a strip club. "I feel lucky," he says.

Mr. Precker's career adjustment reflects the recent chaos of the newspaper business. It happened in 2006. Back then the industry was already pretty far along in its path to today's never-ending reports of bankruptcies and layoffs.

View Full Image
The Lodge

A commercial for the Lodge, the Dallas strip club where Mr. Precker now works.
The Lodge
The Lodge

When the Morning News offered buyouts in 2006, he says the paper's leadership made clear that the reduction in staff wasn't temporary -- or necessarily complete. And maybe the next buyout offer would be less generous. Demand for the long-form journalism he favored was drying up. He could see "storm clouds" all around him.

"It seemed pretty clear that people of my vintage weren't going to get through retirement," says Mr. Precker, now 53 years old.

Around that time he found himself seated at a charity dinner near the owner of a Dallas strip club, Dawn Rizos. Hearing him mention the newspaper industry's travails, she offered him a job. "I like smart people. You could do communications," she told him.

He laughed it off. "I thought, 'I couldn't stoop to something like that,'" he recalls.

Soon afterwards, he was visiting Israel when the war with Hezbollah in Lebanon broke out, and to his surprise he found himself disinterested in covering it. "As much as I loved my job and was proud of what I'd done, I didn't have the urge anymore to run up to the border and explain it all to the American people and then come back and brag about how I'd been shot at," he says.
More

Mr. Precker's career change was mentioned earlier this week in a column written by Mr. Helliker.

* Health Journal: You Might as Well Face It: You're Addicted to Success
02/12/09

For him, that experience made it all the harder to ignore the industry's deepening financial travails. In his mind, he says, "the lines on the graph crossed. It got to be more ridiculous to hang on at a newspaper and less ridiculous to take this leap."

Upon returning to Dallas, he called Ms. Rizo, who made the offer contingent on the approval of Mr. Precker's wife of more than two decades. "I talked to her myself and made sure it was okay with her," says Ms. Rizos.

His decision to take the buyout and join the strip club surprised some at the Morning News. "He's probably the last guy anyone would have expected to become the manager of a topless joint," says columnist Steve Blow, a 30-year veteran of the Morning News. "He was a family man, a truth seeker, a serious journalist who covered the Middle East for us and then came back and wrote lifestyle stories about every subject imaginable."

Now he's serving as an all-purpose manager of the 12-year-old establishment, called the Lodge. Mr. Precker's new employer offers upscale food in a plush setting replete with a business center. Last year it won "Best Overall Club" at the Gentlemen's Club Owners Expo in Las Vegas.

"If you disapprove of the entire genre, then they all seem the same," says Mr. Precker. "But at the Lodge, class and elegance and integrity are very important to us." With a laugh, he adds, "Obviously, I have drunk the Kool-Aid."

At the Lodge, Mr. Precker writes speeches for Ms. Rizos as well as advertising copy. He has given the club a new slogan: "For the finer things in life." The old one: "Where a man can be a man."

Ms. Rizos says Mr. Precker combines "great intelligence and writing ability" with a willingness to handle operational duties. This week, for instance, he wrote a press release about the guest appearance of a burlesque star named Tiny Tina. Then he drove to the airport to pick up the 3-foot-9-inch entertainer.

For his part, Mr. Precker takes pride in how the club treats its dancers. He says Ms. Rizos encourages them to go to college, even pays tuition in some cases, and lectures them that, like professional athletes, they need to prepare for a second career.

Mr. Precker says it's a myth that the strip-club industry is immune to recession. But The Lodge is doing all right, he says, and he feels much more secure than he did at the Morning News. "Everybody in newspapers feels like they have a sword hanging over the heads, and are just wondering when it's going to fall," he says.

He says he roots for the newspaper industry and aches for its glory days. But he sums up his job much as he might have described being a reporter in earlier, better times. "I love the work. I love the variety."

Write to Kevin Helliker at kevin.helliker@wsj.com



To: Kenneth E. Phillipps who wrote (59474)2/17/2009 1:09:18 AM
From: Hope Praytochange1 Recommendation  Respond to of 224749
 
Market's 'Hope Balloon' Loses Air: how tax cheater fixes this market ???

Disappointment with the credit-market bailout and stimulus snuffed out the budding U.S. stock-market rally, and now investors worry stocks could fall back to November lows -- and possibly even further.
online.wsj.com



To: Kenneth E. Phillipps who wrote (59474)2/17/2009 8:22:57 AM
From: JakeStraw1 Recommendation  Read Replies (1) | Respond to of 224749
 
The stimulus bill appears focused on stabilizing a bust, not stimulating a boom. If government spending was the key to economic growth and vitality, we'd never have a recession; the gov't would just sell some T-bills to borrow a few hundred billion, spend it, and bam we'd be back in shape.



To: Kenneth E. Phillipps who wrote (59474)2/17/2009 10:07:17 AM
From: Hope Praytochange3 Recommendations  Read Replies (1) | Respond to of 224749
 
crude down below $35 BUT gasoline higher: how does tax cheater resolve this ? Grinding watermelon to get juice to replace gasoline ?