Airlines have never been a great business

Domestic airlines in the United States are failing financially. Fine. Sure. We knew that. But here’s the kicker: They’ve been financially failing for 40 years, almost the entire time they’ve been popular. And that? Is fascinating. Back at the turn of the 20th century, a lot of the first electric utilities and long-distance railroad companies went bankrupt, because people couldn’t figure out how to make a profit in an industry with huge, fixed overhead costs. This is some evidence that the kinks haven’t totally been worked out on that, even today. (Via Matt Yglesias)


via Boing Boing http://boingboing.net/2012/06/06/airlines-have-never-been-a-gre.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+boingboing%2FiBag+%28Boing+Boing%29

WSJ silent on Mitt’s email address

The paper, which first made Romney’s email address public, is not commenting on its decision.



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Watch Steve Carell’s Princeton Graduation Speech

Meanwhile, Brett Butler high-fived somebody at the University of Arizona commencement speech.

via Daily Intel http://www.vulture.com/2012/06/steve-carell-princeton.html

On Second Thought, Jeb Bush Would’ve Liked To Be The Republican Nominee

He’s realized 2012 was “probably my time.”

via Daily Intel http://nymag.com/daily/intel/2012/06/jeb-bush-wouldve-liked-to-run-for-president.html

First Lady Keeps Career, but Choice Stirs Unease

Valérie Trierweiler, the partner of President François Hollande, said she would continue to contribute to Paris Match magazine.

via NYT > Most Recent Headlines http://www.nytimes.com/2012/06/07/world/europe/first-lady-keeps-career-but-choice-stirs-unease.html

In a Moment of Levity, Obama and Romney Poke Fun at Politics

President Obama and Mitt Romney appeared in a comedy sketch opening the CMT Music Awards on Wednesday night, reaching the country music fans who populate so many battleground states.

via NYT > Most Recent Headlines http://thecaucus.blogs.nytimes.com/2012/06/06/in-a-moment-of-levity-obama-and-romney-poke-fun-at-politics/

Mosquito Coast

Have you heard a little buzzing in your ear while out on the patio or in the backyard? It seems that everyone agrees that this summer is going to be a bad one for mosquitoes in the Northeast.

via NYT > Most Recent Headlines http://www.nytimes.com/2012/06/07/opinion/mosquito-coast.html

Renewing a Debate Over Secrecy, and Its Costs

Republicans have accused the Obama administration of leaking for political advantage, and Democrats lodged their own protests about high-level disclosures.

via NYT > Most Recent Headlines http://www.nytimes.com/2012/06/07/world/americas/drones-and-cyberattacks-renew-debate-over-security.html

Focus Features Options New Yorker Article ‘The Yankee Comandante;’ George Clooney Directing

Mike Fleming

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EXCLUSIVE: Focus Features is making a rights deal for David Grann’s massive article in the May 28 issue of The New Yorker, The Yankee Commandante, with George Clooney attached to direct. He will produce with his Smokehouse partner Grant Heslov.

The article is about William Alexander Morgan, an American who helped Castro and the Cuban rebels overthrow Fulgencio Batista. He’d reached the status of Comandante, the sole foreigner other than Argentinian Che Guevara to be so highly regarded. Shortly after, Morgan, a shadowy man whose motives for being there were subject to suspicion, was imprisoned and facing a firing squad, charged with working for U.S. intelligence. At the same time, his exploits as a rebel soldier led J. Edgar Hoover and everyone else scrambling to sort out his motives and who he was working for.

Clooney most recently directed The Ides of March, and got an Oscar nom for The Descendants. He just produced the Ben Affleck-directed Argo and stars with Sandra Bullock in the Alfonso Cuaron-directed 3D space adventure Gravity for Warner Bros.  Clooney is repped by CAA, which also brokered the deal for Grann.

 

via Deadline.com http://www.deadline.com/2012/06/focus-features-options-new-yorker-article-the-yankee-comandante-george-clooney-directing/

Kerry questions NYT story decision

He says he was ‘disturbed” by the leaking of classified information in the cyberattacks story.



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