Friday, September 19, 2008

Star-Ledger on the Ropes

Things aren't looking good for the Star-Ledger, New Jersey's largest newspaper.

In July, Publisher George E. Arwady characterized the paper as being "on life support" when he told employees that the newspaper will be sold if management cannot win union concessions and persuade 200 of the 756 non-union, full-time workers to take buyouts by October 1, 2008.

Last week, with less than a month before the October 1 deadline, Arwady stated that the paper has not yet received the 100 news staff buyouts needed.

On Tuesday, in an internal e-mail, Arwady told employees that the Star-Ledger could be sold or closed by January if the Newspaper and Mail Deliverers Union doesn't ratify a labor agreement by October 8. Arwady told employees that the newspaper and union were "far from an agreement" and that "it is doubtful that the Drivers will ratify an agreement by October 8, 2008." As such, formal notices will be sent to all employees this week advising them that the Company will be sold, or, failing that, that it will close operations on January 5, 2009.

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Sunday, February 04, 2007

The Asbury Park Press gets it wrong

Ok, so its really Tom Hester Jr. of the Associated Press who got it wrong, but the Asbury Park Press is exacerbating the situation by printing Hester's article entitled Senate to vote Monday on property tax cut.

This is all quite simple: A property tax credit is not a property tax cut.

Joe Ryan of the Star-Ledger gets it right by calling the Democrats' plan what it is -- property tax relief.

But remember, property tax relief through tax credits is not property tax reform.

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