Salon turns 10
Salon.com, which has come perilously close to shutting down on numerous occasions, is celebrating its 10th anniversary this week.
"Of all the dot-coms that saw their obituary written when the bubble burst, perhaps none had so many, written so gleefully, as Salon," writes Dan Fost in a San Francisco Chronicle article on Thursday.
"'It felt like it was a gleeful death watch,' said David Talbot, Salon's founder and chairman. 'I understand why the media did that story. It was schadenfreude.'"
Although the stock is down to 23 cents a share from more than $15 in the high-flying dot-com days, venture capitalist Bill Hambrecht, of W.R.Hambrecht, remains convinced his funding of the online magazine has been a wise investment.
"Media properties take a long time to succeed," he said. "USA Today took nine or 10 years to turn a profit. But once you get there, they can be valuable properties."
Salon initially was a hit among the digital literati for its witty and irreverent coverage of technology and culture. The left-leaning Web site made history in 1998 with a story that Republican Representative Henry Hyde, who was heading up the impeachment hearings of President Clinton at the time, had had an affair 30 years earlier.
All they do is run up their credit cards. One I know has 9 cards, each with a $15K limit. All she does is put everything on the cards, max them out, and go to the next one. Of course, she just borrows from her Mom to pay the minimum payments, or doesnt pay at all.
There is a word for fiscal laziness like this: LOSER."
by BryanW217i December 15, 2009 10:52 AM EST
BryanW217i,
There are also people out there that speak and fecal matter actually flows from their mouths. You happen to be one of them. But fortunatly for you, there's lots more in your cranium.
Obama has 8 years of puke to clean up. He's making a dent, but economic health won't come overnight.
You have overlooked the now-wealthy ones who intentionally cheated and brought ruin to so many. These criminals are currently immune from prosecution and punishment, because the system has licensed their unconscionable financial 'activities'.
'Achievers' by fraud = success and highly-valued ingenuity ?
What a wonderful example to set for our progeny!
The wealthy conservatives think they have it great and think it's going to last forever. But wait another year, when the depression sets in and they lose their job and the stock market crashes and crime escalates and they lose their power and much more.
Then they will change their tone and we will give them sympathy -right!
61 and unemployed for the first time in my life- you know a freeloader socialists.
THE WALL STREET 'FINANCIERS', THEIR LAWYERS AND ACCOUNTANTS,
THEIR POLITICIANS, AND OTHER PARASITES OUT FROM THEIR HOMES...
...confiscate their moneys, their assets, and their hidden and secret bank accounts etc, and put them to hard labor...
...for the many years, and decades they were granted 'licenses to steal.'
It's time they contributed back to the people, to the country, and to the community, that they have misled, abused, and otherwise ripped off.
Send these selfish, greedy parasites and their children to fight and die in wars from which they profit, and raise their share of taxation to just and meaningful levels.
These economy-wreckers must be brought to justice!
Do you know how many people's lives these parasites have destroyed by their criminal acts?
Have you any idea of the financial ruin, and to so many that these selfish, greedy, non-contributing parasites brought with their often clever, sophisticated, misleading, deceiving, well-planned schemes?
Or don't you care?
Legislation to execute some of these parasites would be considered far more just and fair, than to reward them (as Obama is wrongfully doing).