Sign that the Economy is Doing Well

When the deadstream media reports this:

The pending transfer of the widow of television producer Aaron Spelling to a condo unit from a mansion reflects the downturn of the American economy and the real estate market.

You know that things will soon be just fine for the economy.  Of course the details make one giggle:

Candy Spelling, when Aaron was still alive, lived with her husband for almost two decades in a 56,500-square foot French chateau-style mansion which had a wine-tasting room, bowling lanes and silver, china and gift-wrapping rooms. Aaron was the man behind hit TV series like “Charlie’s Angels” and “Seventh Heaven.”

Recently she bought a high-end condo unit for $47 million at The Century in Los Angeles, which has identified wealth with estate living, not a high-rise lifestyle. The 140-unit building is still under construction. Spelling will have two penthouse floors measuring 16,500 square feet, which boils down to $2,848 per square foot.

So downsizing to a $47 million two-floor penthouse condo is a sign of the apocalypse?  Really?

I think its a very rich lady who’s getting older and doesn’t want to have a staff of 12 to take care of a 56,000 square foot house, but doesn’t want to feel cramped so is getting a condo about 8 times bigger than a 2,000 square foot house.  And could probably be staffed with a 4 person staff.

And a sign that the media is really reaching on this foreclosure crap.

John Edwards Love Child – Updates

The LA Times orders a gag on all its blogs about it:

From: “Pierce, Tony”

Date: July 24, 2008 10:54:41 AM PDT

To: [XXX]

Subject: john edwards

Hey bloggers,

There has been a little buzz surrounding John Edwards and his alleged affair. Because the only source has been the National Enquirer we have decided not to cover the rumors or salacious speculations. So I am asking you all not to blog about this topic until further notified.

If you have any questions or are ever in need of story ideas that would best fit your blog, please don’t hesitate to ask

Keep rockin,

Tony

And even the international press is reporting it:

John Edwards was fighting for his political future yesterday as America’s mainstream media began reporting a colourful scandal involving his alleged mistress, a disputed “secret love child”, and an altercation at a Beverly Hills hotel in the early hours of Tuesday morning.

I guess Johnny boy can kiss that VP slot goodbye.  Of course the press is still keeping a tight gag on this under the excuse that he’s not an elected official or anything.  Right.  And if this were some prominent Republican who is nationally known, had run for President twice, had been a Vice Presidential candidate and was under active consideration for the current VP slot they wouldn’t be saying anything?

Yes – we all know the answer to that one.

As US Troops Succeed, Media Retreats from Iraq Stories

Not really surprising, but the disappearance of Iraq from the front pages and the newscasts is predictable as the situation improves in America’s favor.
clipped from www.mrc.org

After months of improving security in Iraq, the big network morning shows on Friday cited one horrific suicide bombing as proof that “mayhem and misery are back in Baghdad,” as CBS correspondent Mark Strassmann put it. But over the last five months, the broadcast networks have consistently reduced their coverage of Iraq, as if the story of American success in Iraq is less worthy of attention than their old mantra of American failure in Iraq.
On all three networks, however, journalists are admitting that the U.S. strategy is yielding success. “As a new year begins, overall violence is falling and hope seems to be rising,” fill-in anchor Harry Smith announced on the January 1 CBS Evening News.
  blog it