Newsmax sent out an email today to
its mailing list touting the presence of Sarah Palin in “a special pre-election
webcast series we will be airing exclusively online” starting October 12.
According to the email, the webcast, to be called “Make America Great Again,”
will be hosted by Michael Reagan and feature Palin as well as “other opinion
leaders such as Dick Morris.”
Morris, of course, has been a longtime
marquee participant in shilling for Newsmax’s money-making schemes. Like
Palin, Morris is a Fox News contributor, making her at least the third Fox News
employee to team up with Newsmax; the other is Bill O’Reilly, who did an
interview featured in an informercial for yet another financial
product (though Fox News denied that it knew O’Reilly would be used in that way).
Palin has also previously touted Newsmax as one of the news sources she reads.
It wouldn’t be Newsmax, though, if
it wasn’t using people like Palin to try and sell you something.
If you sign up for this webcast, you
are directed to a web page (PDF) that gives you the opportunity to upgrade your Palin experience --
for a price, of course. You can continue to pay nothing and receive only “Brief
Clips of the Exclusive Interviews With Governor Palin, Dick Morris, Mike
Reagan, and the Entire Lineup of Important Guests” and “Limited Access to the
‘Make America Great Again’ Attendee Website.” Or you could pay $9.95 to be a
“VIP Member” and receive “Unlimited Access to the Make America Great Again
Campaign, PLUS” a copy of Palin’s forthcoming book.
You also get trial subscriptions to Newsmax’s magazine and one of its financial
reports, which has the usual caveat that you must cancel before the trial
period ends to avoid being automatically charged for a year’s subscription to
them.
Or you can pay Newsmax an extra $20 not
to send you the magazine and newsletter; a $29.95 “Book Subscription” gives you
“all of the benefits of VIP access as noted above, as well as Sarah Palin’s
upcoming new book, but you will NOT receive free trial subscriptions to Newsmax
magazine and The Franklin Prosperity Report.” Seeking payment for not doing
something is an interesting money-making strategy, and it’s a big clue as to
how much the profitability of Newsmax’s promotion depends on people forgetting to
cancel their trial subscriptions.
The web page also gives previews of
the webcast series, which looks like it will be mostly about attacking Obama, reinforcing right-wing talking points,
and encouraging conservatives to vote in November. It also sycophantically
calls Morris “the top political strategist and the man Time magazine referred to as ‘the most
influential private citizen in America’
” – which, as we’ve previously noted,
it did just before Morris resigned in disgrace from Bill Clinton's 1996 re-election
campaign.
Newsmax may not be selling financial
schemes for once, but it sure has a connection with Fox News that it has no
problem exploiting.
Tony Boeckh has issued his most recent investment letter, which, at 15 pages, discusses an outlook that can be summarized best as "we really have no clue what will happen" and may have been about 14.5 pages too long. On the other hand, with everyone having surefire money making schemes up their sleeve, and peddling a guaranteed economic outcome, perhaps some outlook humility is precisely what is needed. "Some believe the bull market in gold has just begun. Others believe we are headed for a deflationary depression in which high quality bonds would continue to thrive. Another view is that we are heading into high inflation and a dollar collapse. Yet others believe there will be a return to the good old days of stability and growth. In the time frame of most investors, we are in none of those camps. With bonds significantly overvalued, investors hardly have an edge in that area, except perhaps to go short. High yield bonds are fair value but the weak economic picture suggests growing risk for those companies with poor balance sheets and poor cash flow prospects. Gold as insurance at 5-10% of the portfolio makes sense but only for the long run and only if volatility can be ignored." All in all, some good observations.
From Tony Boeckh, U.S. Government Debt: The Upward Spiral Continues
h/t Chips4Pips
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Newsmax sent out an email today to
its mailing list touting the presence of Sarah Palin in “a special pre-election
webcast series we will be airing exclusively online” starting October 12.
According to the email, the webcast, to be called “Make America Great Again,”
will be hosted by Michael Reagan and feature Palin as well as “other opinion
leaders such as Dick Morris.”
Morris, of course, has been a longtime
marquee participant in shilling for Newsmax’s money-making schemes. Like
Palin, Morris is a Fox News contributor, making her at least the third Fox News
employee to team up with Newsmax; the other is Bill O’Reilly, who did an
interview featured in an informercial for yet another financial
product (though Fox News denied that it knew O’Reilly would be used in that way).
Palin has also previously touted Newsmax as one of the news sources she reads.
It wouldn’t be Newsmax, though, if
it wasn’t using people like Palin to try and sell you something.
If you sign up for this webcast, you
are directed to a web page (PDF) that gives you the opportunity to upgrade your Palin experience --
for a price, of course. You can continue to pay nothing and receive only “Brief
Clips of the Exclusive Interviews With Governor Palin, Dick Morris, Mike
Reagan, and the Entire Lineup of Important Guests” and “Limited Access to the
‘Make America Great Again’ Attendee Website.” Or you could pay $9.95 to be a
“VIP Member” and receive “Unlimited Access to the Make America Great Again
Campaign, PLUS” a copy of Palin’s forthcoming book.
You also get trial subscriptions to Newsmax’s magazine and one of its financial
reports, which has the usual caveat that you must cancel before the trial
period ends to avoid being automatically charged for a year’s subscription to
them.
Or you can pay Newsmax an extra $20 not
to send you the magazine and newsletter; a $29.95 “Book Subscription” gives you
“all of the benefits of VIP access as noted above, as well as Sarah Palin’s
upcoming new book, but you will NOT receive free trial subscriptions to Newsmax
magazine and The Franklin Prosperity Report.” Seeking payment for not doing
something is an interesting money-making strategy, and it’s a big clue as to
how much the profitability of Newsmax’s promotion depends on people forgetting to
cancel their trial subscriptions.
The web page also gives previews of
the webcast series, which looks like it will be mostly about attacking Obama, reinforcing right-wing talking points,
and encouraging conservatives to vote in November. It also sycophantically
calls Morris “the top political strategist and the man Time magazine referred to as ‘the most
influential private citizen in America’
” – which, as we’ve previously noted,
it did just before Morris resigned in disgrace from Bill Clinton's 1996 re-election
campaign.
Newsmax may not be selling financial
schemes for once, but it sure has a connection with Fox News that it has no
problem exploiting.
Tony Boeckh has issued his most recent investment letter, which, at 15 pages, discusses an outlook that can be summarized best as "we really have no clue what will happen" and may have been about 14.5 pages too long. On the other hand, with everyone having surefire money making schemes up their sleeve, and peddling a guaranteed economic outcome, perhaps some outlook humility is precisely what is needed. "Some believe the bull market in gold has just begun. Others believe we are headed for a deflationary depression in which high quality bonds would continue to thrive. Another view is that we are heading into high inflation and a dollar collapse. Yet others believe there will be a return to the good old days of stability and growth. In the time frame of most investors, we are in none of those camps. With bonds significantly overvalued, investors hardly have an edge in that area, except perhaps to go short. High yield bonds are fair value but the weak economic picture suggests growing risk for those companies with poor balance sheets and poor cash flow prospects. Gold as insurance at 5-10% of the portfolio makes sense but only for the long run and only if volatility can be ignored." All in all, some good observations.
From Tony Boeckh, U.S. Government Debt: The Upward Spiral Continues
h/t Chips4Pips
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Fox <b>News's</b> Obama 'Loves Gangsta Rap' Headline Is Pulled Down
Drop to the end of Jann Wenner's Rolling Stone interview with President Barack Obama, and you'll get to the part where Wenner asks the president to talk about the music he's been listening to lately. Here's Obama's answer, in its ...
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The New York Times Co. is joining a group of news organizations in backing the maker of software that helps publishers aggregate news, according to a person familiar with the matter.
Fox <b>News's</b> Obama 'Loves Gangsta Rap' Headline Is Pulled Down
Drop to the end of Jann Wenner's Rolling Stone interview with President Barack Obama, and you'll get to the part where Wenner asks the president to talk about the music he's been listening to lately. Here's Obama's answer, in its ...
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The New York Times Co. is joining a group of news organizations in backing the maker of software that helps publishers aggregate news, according to a person familiar with the matter.
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