Observations by Peter Hossli, a curious reporter who always finds a good story

Copy Paste 2.0

google1.jpgAt the end of June, The Atlantic Monthly published an interesting cover story about the effects of the Internet on the human brain. Under the provocative headline “Is Google Making Us Stupid?” author Nicholas Carr wrote a personal story on how the Internet has changed the way he’s reading, acting, and learning. Carr wrote that the use of the Internet and interactive media has changed they way he thinks:

Over the past few years I’ve had an uncomfortable sense that someone, or something, has been tinkering with my brain, remapping the neural circuitry, reprogramming the memory. My mind isn’t going—so far as I can tell—but it’s changing. I’m not thinking the way I used to think.

 

spiegel.jpgToday, German weekly magazine Der Spiegel published a cover story on the effects of the Internet on the human brain. It is titled “Macht das Internet Doof?” Three writers write about how the Internet has changed the way we think, act and learn.

Both cover pages look almost the same.

Of course, the Spiegel piece is well written, well researched and it also references Carr’s ideas. But the German story might be a perfect example on how the Internet is making journalism and journalists both stupid and lazy. Instead of coming up with original concepts, writers and editors of well regarded magazines like Der Spiegel often just surf the web for ideas. Or they adapt other magazine’s stories and pretend to be original.

What’s really funny: Der Spiegel blames the Internet for creating a culture of copy pasting. In my opinion, there is no other industry that has embraced copy and paste more widely than journalism.

By the way, critical voices about the Internet are not all that new. Ten years ago, the now defunct Swiss magazine Facts published a cover story titled “Alptraum Internet”, Nightmare Internet.

Swiss Gangsters

briefkastenschweiz.jpgIn Switzerland, even gangsters try to be efficient and civilized. On August 1, my wallet was stolen by a group of sophisticated pickpocket artists. They observed me while I took out some money at a Cash machine. Five minutes later, my wallet was gone – snatched from my pockets in a small Swiss town called Baden.

“This happens all the time”, a police officer told me later. “They always attack in groups”.

Of course, I was devastated. All my important ID cards plus a couple of credit cards were stolen. Immediately, I canceled my credit cards, and filed a report with the local police.

Three days later, I received an e-mail from a local postmaster. The Post Office found my wallet in an official yellow Swiss mailbox. All the cash was gone, obviously. But my ID cards, credit cards and even old receipts were still there, completely untouched. “Thieves do this very often”, the postmaster told me. “They take the money and throw the wallet in the next mailbox.”

Wow. One has to be impressed by Swiss thieves. Where else in the world do gangsters show empathy for their victims? In Switzerland, thugs keep the money but make sure to get everything else back to the rightful owner.

UBS Reader

martin_liechti.jpgDie UBS ist in den USA in Bedrängnis geraten. Vor einem Gericht in Florida hat Ex-UBS-Banker Bradley Birkenfeld gestanden, wohlhabenden US-Kunden bei der Steuerflucht geholfen zu haben.

Das U.S. Department of Justice untersucht, ob die Schweizer Bank über Offshore-Konten US-Bürgern zur Steuerflucht verhalf. Die amerikanische Börsenaufsichtskommission SEC will wissen, ob die UBS in den USA ohne Lizenz Anlagetipps abgab.

Senator Carl Levin geht gegen Steueroasen vor. UBS-Manager Martin Liechti (Bild, beim Verlassen des Senatsgebäudes) wird Ende April in Miami festgehalten. Mitte Juli wird er vor einen Senatsausschuss zitiert, wo er die Aussage verweigert.

UBS-Finanzchef Mark Branson entschuldigt sich für das Fehlverhalten der UBS. Die UBS beschliesst, künftig US-Kunden nur noch von den USA aus zu betreuen. Ein Bericht der US-Regierung belegt: vor allem US-Banken verwalten amerikanische Vermögen im Ausland.

Eine Sammlung von Artikeln und wichtigen Dokumenten.

Artikel

“Es war ein Kniefall”, Interview mit Mark Branson, Weltwoche, 24. Juli 2008

Riskanter Auftritt, Weltwoche, 24. Juli 2008

“Amerikaner bellen den falschen Baum an”, Sonntag, 20. Juli 2008

Alptraum Birkenfeld, Bilanz, 18. Juli 2008

Martin Liechti sagt aus, Bilanz, 15. Juli 2008

“Kein Angriff auf das Bankgeheimnis”, Interview mit John C. Coffee, Weltwoche, 26. Juni 2008

Bankdaten gegen Straffreiheit, “Sonntag”, 22. Juni 2008

“Bankgeheimnis schwierig zu verteidigen”, “Sonntag”, 8. Juni 2008

UBS sucht Deal mit US-Behörden, “Sonntag”, 1. Juni 2008

Cowboy-Methoden, Hossli.com, 11. Mai 2008

Dokumente / Links
Senatshearing zu Banken und Steueroasen

GAO-Report zu QIs

Tax Haven Banks and US Tax Compliance, US-Senats Bericht von Carl Levin

Opening Statement von Mark Branson (UBS), Senat-Hearing 17. Juli 2008

Wohnsiedlung von Bradley Birkenfeld in North Weymouth

Anklageschrift gegen Bradley Birkenfeld

Schuldbekenntnis von Bradley Birkenfeld

Verhör-Protokoll von Bradley Birkenfeld

Statement UBS / English

Statement UBS / Deutsch

Liechti-Befragung nach einer Minute zu Ende

UBS-Banker Martin Liechti hat heute vor einer Subkommission des US-Senats die Aussage verweigert. Damit nutzte er sein verfassungsmässiges Recht, sich als Zeuge nicht selbst belasten zu müssen.

Derweil dauerte Liechtis Befragung durch die US-Senatoren Carl Levin und Norm Coleman nicht länger als eine Minute. Liechti legte einen Schwur ab, die Wahrheit zu sagen, verweigerte die Aussage und hastete anschliessend zusammen mit drei Anwälten aus dem Bürogebäude des Senats.

Mehr zum Fall UBS

Is Apple the new Microsoft?

iphone_small.jpgApple’s new iPhone is a hit. Everybody wants it. But the high global demand has crashed Apple’s servers. Thousands of iPhone buyers are stuck with phones that can’t make calls. The new MobileMe service has been on-and-off all day. It still works rather spotty. Owners of the old iPhone can’t activate its new software.

It seem as if Apple is experiencing the sweet smell of success. It’s harder to handle a lot of customers than just a few. Just ask Microsoft.

Jugend 96 Redux

jugend96.jpgAutor Bänz Friedli reflektiert für Radio DRS über die Schweizer Jugend 2008 – und wie die Medien damit umgehen:

Jede zweite Schlagzeile verkündet es: Die heutige Jugend ist schlimmer als früher!

Bezug nimmt Friedli auf eine Facts-Titelgeschichte vom 18. Januar 1996: Rumhängen, kiffen, knallen

Wie Jugendliche in der Schweiz damals über Drogen, Sex und Gewalt sprachen: “Kiffen ist am geilsten”

Steiger on the Journal

steiger.jpgWhile doing a story for Swiss business magazine Bilanz on the Wall Street Journal, I interviewed former managing editor Paul Steiger. The interview was conducted before Robert Thomson was appointed the Journal’s new managing editor. Steiger runs the non-profit newsroom ProPublica.

Excerpts:

On how Murdoch’s approach differs from the Bancrofts’:

Steiger: It’s changed dramatically in the sense that the new owner is a serious newspaper proprietor. And he’s got ideas about how the paper can improve, expand its audience, have more impact. And so he’s gonna be much more of an activist. Whereas the Bancroft’s delegated control to the board of directors and management.

On whether he sees a culture change at the Wall Street Journal.

Steiger: I don’t know. All I know is what I see in the paper. And the paper looks fine to me.

On whether the view on business journalism has narrowed since Rupert Murdoch bought Dow Jones.

Steiger: I don’t know what they’re talking about. I don’t see any narrowing of the definition of business. On the contrary, the paper seems more interested in covering or the paper seems interested in more coverage of politics and foreign affairs than ever before, without giving up its business franchise. So anybody who tells you that they’re narrowing the definition of what constitutes business, that’s just nuts.

On whether a sports section, more political news and fashion coverage will endanger the Journal’s niche.

Steiger: If you do it ineptly, sure. I don’t see any evidence that they’re gonna do that. I mean so far they’ve been retaining their dominance of business coverage. And they’ve been adding other stuff. As long ago as I can remember, the Journal’s always had strong political coverage. Strong coverage of social trends. Strong coverage of foreign affairs. Not tons and tons in terms of column inches. But very strong, well selected pieces. And so to say that the Journal narrowly defined its niche and stayed there in the past is just wrong. The Journal’s always taken a broad view of what business readership is interested in. And has attempted to provide that. And what the new ownership seems interested in doing is intensifying the coverage of politics in international affairs. And but not losing the dominance of business coverage. I don’t see anything wrong with that as a strategy.

On whether Murdoch’s capital infusion has improved the morale at the Journal after years of downturns and layoffs.

Steiger: I never place much stock in assessments of morale. I think that there are always things to worry about. And journalists are trained to see risks and dangers. And so there’s always in any newsroom, there’s always a certain amount of apprehension. Now in recent years at the Journal there have been two powerful reasons for apprehension. One is the chaos that’s taking place in the business model of print newspapers. And that has people rightly concerned about the future of the business. And then there’s the arrival of new ownership, which on the one hand you’re quite right, has brought new money. I mean the Journal is one of the few daily papers that’s expanding.

But it’s also brought apprehension over what kind of changes might occur to the culture. And that apprehension was stirred by, you know, making a change in the managing editor so quickly. You can expect to have a certain amount of turmoil for a while. But it’s turmoil that is mitigated to some extent that unlike, you know, let’s say the New York Times and the Washington Post, two great papers which are going through buyouts and layoffs. The Journal in general is – while it’s made some targeted cost reductions – it’s been expanding its investment in the product.

On the future of business journalism.

Steiger: It’s instructive to think in terms of what’s going on in print journalism, as an analog of what has happened in the music business. You know, the music business has been totally transformed by the Internet. It’s no longer possible to sell huge numbers of CDs at $18.49 a pop. Because you can go on iTunes and get individual songs for .99 and I forget what it costs to buy an album, you know, $9.99 or $12.99, something like that. And if you’re a, you know, a teenager or a college kid, you go on and get ‘em for nothing with file sharing. But does that mean there’s no music? Of course not. There’s more new music than ever before. And there’s a certain analog to that in the newspaper business. Where the web is making available for free all the announcement news. I mean you get the wires for nothing. Business news. Sports, weather statistics, stock prices and opinion, you know, more opinion than you’ve ever seen before.

There are really only two things that are missing. And one is investigative reporting. And the other is foreign reporting. And why? ‘Cause those are both very expensive. And so what is going to, first of all replace foreign reporting and investigative reporting, and then second, what is going to permit a continued expansion of what’s available to audiences who are interested in news?

There are two main avenues. One is the non profit sector. The second domain is what I call a cross subsidy. Where you have a diversified corporate entity, which includes one or more print newspapers in the mix. It includes investigative journalism or foreign correspondence in the mix. And there are more examples of that than you might think. Washington Post company now is a perfect example of that. It’s got Kaplan. Its educational side is bigger than its news side. And the existence of Kaplan within the company permits the subsidy of the Washington Post newspaper and Newsweek Magazine. And the broader company probably benefits from having those entities within its walls because it gives greater prestige, gravitas to Kaplan.

Another example is Bloomberg. Bloomberg could probably get along just fine with between 500 and maybe at most 800-900 journalists to cover its business bases. But there are like 2,200 journalists at Bloomberg. And they cover all kinds of things. And now why do they do that? I think in part because it helps promote the Bloomberg name. But secondly it casts the Bloomberg company, in a quasi-public service kind of posture. So there are cross subsidies there.

On Rupert Murdoch’s interest in the Wall Street Journal and Dow Jones.

Steiger: Well I mean I think he hopes to make money. But I also think that he’s looking to expand his own influence. And one can imagine a variety of scenarios under which the fortunes of News Corps as a whole would be enhanced by having something as prestigious as the Wall Street Journal in the company.

On Murdoch’s strategy.

Steiger: The most likely scenario is that he increases the penetration of the Wall Street Journal’s journalism. And thereby increases the revenues and profits of the newspaper itself. And also enhances the ability of other entities within News Corps to get access to the properties and the investment partners and the political and regulatory leaders that they would like to have access to.

On whether this is an golden age for journalism.

Steiger: The golden age is over. It may well be replaced by a new golden age. There’s gonna be a lot of heavy digging to find the vein.

On what will happen to this legacy.

Steiger: I have high hopes that it’ll be enhanced.

So long, Sydney

pollack.jpgHeute starb der amerikanische Regisseur und Schauspieler Sydney Pollack an Krebs. Er war 73 Jahre alt. Vor zwölf Jahren traf ich ihn im Zürcher Hotel Dolder zum Interview. Er hatte eben ein Remake des Billy-Wilder-Klassikers «Sabrina» gedreht.

Pollack flog damals im Privatflugzeug in die Schweiz. Nicht als Passagier, er flog selbst.

Was fasziniert sie am Fliegen?
Pollack: Ich spiele weder Tennis noch Golf und kann es mir überhaupt nicht vorstellen, einen ganzen Tag auf einem Rasen zu verbringen und einem Ball hinterherzulaufen. Beim Fliegen hingegen werden meine beiden Hirnhälften beansprucht. Es gibt einen Teil des Fliegens, der sensibel, akrobatisch, athletisch, fast künstlerisch ist. Es ist schlicht sensationell, in der Luft zu sein. Der andere Teil ist technisch extrem anspruchsvoll.

Das ganze Interivew

“The Nazis” for Dad

for_daddy.jpgToday, I went to Barnes & Noble in Brooklyn Heights with my two daughters. As usual, the store had a special table filled with bookish gift ideas for an upcoming event. I noticed a reddish “For Dad” sign, promoting father’s day.

The books on the table made me desire a tie.

If it’s up to Barnes & Noble Brooklyn dads will get “The Nazis”, “In Search of Famous Shipwrecks”, “Muscle Cars”, “The History of the CIA” or “Tanks” for father’s day.

Do sales people at B&N really think that fatherhood is bad enough so dads want to escape it reading about Goebbels and Corvettes?

Boys Will Be Boys

edwards.jpgThe Democrats are playing a dangerous game. They ignore the sentiments of two crucial demographics they need desperately if they want to beat John McCain in November – women and rural voters.

Yesterday, Hillary Clinton beat Barack Obama by more than 40 points in the crucial swing state of West Virginia. Not since 1916 have the Democrats won the White House without winning in West Virginia. Obama’s poor showing demonstrated once more his weakness among rural voters, and among women. Both groups have been deciding American elections for decades.

Today, two men acted like West Virginia never happened. Following rather condescending words of praise for Hillary Clinton, John Edwards endorsed Barack Obama as his choice for president.

It looks very unlikely that Clinton can turn this primary contest around. But the image of two aggressive looking guys rubbing it into her face is certainly not attracting many women who had hoped to finally see a female president.

Until the Last Dog Dies

clinton_times.jpgMuch has been said about Bill Clinton’s apparently meager performance on the campaign stomp. The Daily New asked the questions whether Clinton lost his mojo after his heart bypass surgery in 2004. Some even suggested he is jeopardizing the candidacy of his wife on purpose.

Most of it has been anti-Hillary rhetoric, as the New York Times explains in an enjoyable piece of Clinton-nostalgia. Writer Adam Nagourney describes how Bill Clinton got his groove back, and how he really enjoys campaigning in small towns.

He seems to be believe that Hillary Clinton can still win this race. Should she upset the Democrats by winning Indiana and North Carolina, Nagourney argues, her husband deserves a big share of the credit. Just like in 1992 the former president seems to be willing to work “until the last dog dies”.

Air Needs Assistant - The Sequel

As noted here before, Apple’s ultra thin laptop Mac Book Air looks awesome while being limited. We suggested that owners of such a computers need assistants who carry all those additional cables, drives and computing power that the Air lacks.

Chinese computer maker Lenovo picks up on this notion in a funny spoof on Apple’s commercial for the Air Book. The ad’s message: While the Lenovo X300 does not fit into an envelope, it’s a complete computer without the need for add-ons.

You need to a flashplayer enabled browser to view this YouTube video

Swiss Gold for Starbucks

mastrena_obs.jpgA little more than a year ago, Starbucks CEO Howard Schultz warned in memo about “the commoditization of the Starbucks experience”. Schultz specifically blamed the Swiss made espresso machines, which “blocked the visual sight line the customer previously had to watch the drink being made, and for the intimate experience with the barista”.

Swiss manufacturer Thermoplan was worried. At the time of the memo Starbucks bought 50 percent of their production. Since 1999 Thermoplan has been delivering automated espresso makers to every Starbucks store around the globe.

Thermoplan acted fast. They’ve just introduced a brand new machine, specifically designed for Starbucks. It is called Mastrena (pictured), and it looks like it was designed by a prop master for “Star Trek”. Schultz calls it the “gold standard among espresso machines”. It’s much lower profile enables baristas to connect with customers.

Starbucks wants to aggressively rollout the new machines. By the end of the year, 30 percent of all U.S. stores should have it, by the end of 2010 the Mastrena rate should stand at 75 percent.

Thanks to the Mastrena, Thermoplan will increase its revenue by 35 percent. The small, family owned company in Weggis, Lucerne, will hire an additional 40 employers to manufacture the new machines. Their dependency on Starbucks also increases. From now on, the coffee chain giant buys up 65 percent of Thermoplan’s production.

Early last week, Starbucks managers traveled to Switzerland and threw a mountaintop party for Thermoplan’s 210 staff members. “They told us that Starbucks wouldn’t be where they are without us”, says Thermoplan managing director Adrian Steiner.

Tommie Smith on China

tommie_1.jpgLast November, I met Olympian Tommie Smith in his house outside Atlanta, Georgia. At length, we talked about his silent protest during the award ceremony at the 1968 Olympics in Mexico City. This week, I called him by phone to discuss the current protests against China. He doesn’t support attacks on the torch rally.

Mr. Smith, will you participate at the opening ceremony of the Beijing Olympics?
Tommie Smith: So far, nobody has invited me. I normally don’t just walk into places.

But will you go to Beijing to watch the games?
Smith:
I hope so. The airfare to China is pretty expensive. If I can scrape up the money, I’ll go.

At the 1968 games in Mexico City you protested human rights violations in the United States. Should you go to China now, you’ll betray your basic principles.
Smith: I’ve never wavered my support for social justice, human rights and my opposition to genocide. In 1968 I spoke out against American injustices. I can’t fight for every country in the world. It’s not up to me to speak out against China.

Pro Tibet protesters are attacking the Olympic torch. What do you think about this kind of action?
Smith: By attacking the torch you won’t extend peace. We need conversations, not warfare. Olympic games can encourage human interactions. They’ll lead to peace, not boycotts, not war, not bullets.

tommie_2.jpgWhy do you criticize protest? You also were a protester.
Smith:
Mexico City was non-violent. There was not a word said; there was not a rock thrown; there were no flames put out. Tommie Smith started a conversation without saying a word on the victory stand in 1968.

How should athletes speak out against human rights violations in Beijing?
Smith: Whatever other athletes do, it’s their responsibility, not mine. But they would need to talk together and negotiate a platform before they go to Beijing. People can’t just go there and follow somebody blindly.

So long, Moses

Charlton Heston ist tot.  Der Schauspieler (Moses, Ben-Hur) und Waffenlobbyist starb am Samstag in Los Angeles an Alzheimer. Er war 83 Jahre alt.  Vor zehn Jahren traf ich Heston in Cannes zum Interview. Er sprach über Hamlet, Gewehre, US-Politik, seinen Rechtsrutsch und über die Homoerotik von Ben-Hur.

Das Interview

Vorzimmer der Macht

khalilzad_hossli.jpgFür das deutsche Magazin Cicero habe ich unlängst den amerikanischen Uno-Botschafter in New York interviewt. Zalmay Khalilzad ist gebürtiger Afghane und höchster Moslem in der US-Regierung. Sollte John McCain im November die Wahlen gewinnen, dürfte Khalilzad sein Aussenminister werden.

Bevor er den Posten an der Uno antrat, führte Khalilzad die amerikanischen Botschaften in Bagdad und Kabul. Er gilt als einer der Architekten des Irak-Krieges. So schrieb er im Januar 1998 einen Brief an US-Präsident Bill Clinton. Darin verlangte er die Absetzung von Saddam Hussein. Unterzeichnet hatten das Schreiben Donald Rumsfeld, John Bolton, Richard Perle und Paul Wolfowitz.

Khalilzad ist ein mächtiger Mann. Tröstlich, dass sich Macht in der Politik nicht in den Immobilien spiegelt, in der sie ausgeübt wird.

Nach langem Warten empfing mich Khalilzad in einem kahlen, fensterlosen und ausgesprochen schlecht dekorierten Saal in der amerikanischen Uno-Mission. Die Decke war niedrig, das Licht dumpf. Vor einem Sternenbanner standen einsam zwei karge Stühle und ein kleiner Tisch. Für ein intimes Gespräch war der Raum zu riesig. Ständig beobachtete uns zudem eine bronzene Büste von General Dwight Eisenhower. Wohl aus Sicherheitsgründen fand das Interview hier statt. «Niemand darf sein Büro sehen», sagt mir seine Pressefrau.

Khalilzad füllte den tristen Raum rasch mit einnehmendem Charme und angenehmem Humor. wurdeklar: Nicht das Haus bestimmt die Macht. Es ist der Politiker, der darin agiert.

Zum Interview

A Dollar A Bagel

bagels1.jpgOn weekends I normally get bagels for breakfast. Back in January our bagel shop in Brooklyn Heights charged 75 cents for a circle of bread made of yeasted wheat dough, hole included. Not long ago they would give you a dozen bagels for just $6.

Today, I paid a dollar a bagel. That’s as historic as $1000 for an ounce of gold.

My baker explains the pricey treat with higher wheat prices. And he promises the sticker shock will just be “temporary”. Yeah, right. There are two things in New York that’ll never get cheaper – bagels and subway rides. Okay, maybe we need to include apartments as well.

A dollar a bagel tells us much about inflation, which seems to be creeping in everywhere. Wheat really has gone up tremendously, over 30 percent since the beginning of the year, reports the Mercury News. It affects the price of bagels in New York, but also of pasta in Rome, and of tortillas in Mexico City.

Some people blame U.S. energy policy for high food prices. Instead of focusing on conserving, Americans fill their cars with renewable energy, made from corn or wheat. This greatly reduces the land for grain production. Today, Nestlé CEO Peter Brabeck warned that the production of biofuels is endangering food supply.

There is also a connection between the $1 bagel and the $2 that J.P. Morgan Chase is paying for a share of crumbling investment bank Bear Stearns. With recent bailouts by the Federal Reserve Bank gigantic sums of new money have been pouring into the system, without actually creating any economic growth. The result is rising inflation, the underlying problem of the current financial crisis. Especially since the Fed is cutting interest rates rapidly, which fuels inflation even further.

Additionally, the falling dollar is making imports much more expansive for Americans. It’s not just the bagel that is more expansive, but also Italian olive oil, Swiss chocolate or French cheese.

While most economists already see the U.S. economy in a recession, the danger of stagflation looms. This is a combination of high rates of inflation, coupled with sluggish economic growth and unemployment. Or, as commentator Terry Turner calls it, “our worst nightmare”.

Considering this prospect, a dollar a bagel seems a minor problem.

John Slades Erbe

slade.jpg Vor knapp vier Jahren traf ich John Slade am Hauptsitz von Bear Stearns in Manhattan. Der Doyen der amerikanischen Investmentbank hatte mich zum Lunch eingeladen. Es gab Tomatensuppe und Penne.

Er sei ein Optimist, sagte mir der damals 96-jährige Banker. Am 26. März 1936 hatte der deutsche Immigrant als Laufbursche bei Bear Stearns angefangen. Gerade mal 50 Mitarbeiter zählte die Bank damals.

Als John Slade im September 2005 im Alter von 97 als Ehrenvorsitzender und vielfacher Millionär starb, beschäftigte das Finanzhaus rund 14000 Personen. Seinen Erben hinterliess er 350000 Bear-Stearns-Aktien. Diese hatten im Februar 2007 noch einen Wert von 59,5 Millionen Dollar.

Im Zuge massiver Liquiditätsprobleme wird Bear Stearns nun an J.P. Morgan Chase verkauft – für 2 Dollar pro Aktie. Demnach liegt der Wert von John Slades Bear-Stearns-Portfolio noch bei 700000 Dollar. Damit könnte er sich nicht mal mehr eine Einzimmerwohnung in Manhattan kaufen.

Photo: Charly Kurz

Apologize, Ms. Power

I demand an apology from Samantha Power. Not for calling Hillary Clinton “a monster”, she already did that. I want her to apologize to me for endangering my livelihood. After her rather naive dealings with British reporter Gerri Peev she’s made it almost impossible for foreign journalists to truly cover the 2008 presidential election.

Power, a Harvard Professor, Pulitzer Prize-winning author, and an influential aide to Barack Obama, chose British newspaper The Scotsmen to publicize her new book on UN diplomat Sergio de Mello. When the journalist asked her about Hillary Clinton, she carelessly uttered, “She is a monster, too – that is off the record – she is stooping to anything.”

Of course, any reporter with a backbone would print this quote because Power said it before she hastily tried to withdraw it.

But there is something else at play. Power said it to a reporter with whom she most likely had no professional relations. Without the “monster” remark interviewer Peev and author Power would never have met again. Peev could run the quote, without fearing to lose any access in the future.

The episode will teach the campaign managers of Hillary Clinton, Barack Obama, and John McCain to limit interviews to the American media. They know them, and they might have leeway with them by offering or denying access later on. But foreign correspondents now appear to be an even bigger and more dangerous unknown to politicians then they have been before Power’s remarks.

Power speaks after her resignation to Irish TV station RTE:

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As Goes Ohio

As we have noted here weeks ago, Senator Barack Obama has a problem with the Electoral College. He keeps winning in the wrong states, while Hillary Clinton is strong where it matters in the general election in November.

Let me explain. The Electoral College follows the winner-take-all rule. Whoever wins a state in the general election in November gets all the delegates of that state. The only exception is Maine, where delegates are distributed proportionally, but Maine has only a small number of delegates.

So far Obama has mostly won in states that are most likely won by Senator John McCain in November. Obama has strong support among Democrats in red states like Alabama, South Carolina, Kansas, and Idaho. It would be earth shattering if a Democrat wins in those places in November.

Clinton on the other side is strong in states that have many delegates such as California, Massachusetts, and New York as well as in crucial swing states, such as Ohio, Florida, Michigan, and Pennsylvania. The only swing state that Obama’s won so far is Missouri.

The strongest argument against Obama might be the state of Ohio. No Democrat has ever won the White House without winning in Ohio. Had John Kerry carried Ohio in 2004 he’d be running for re-election now. Last Tuesday Hillary Clinton won Ohio by a landslide. Obama just won five counties.

Should Clinton also win Pennsylvania, she will probably be the nominee. Obama might have a hard time to make an argument for his candidacy. The Democrats need Pennsylvania in November. The state has many so-called Reagan Democrats that might find John McCain very appealing.

But should Obama win Pennsylvania, he’s the nominee.

Striking

Just a quick thought: Is the writers strike delivering the Democratic presidential nomination to Senator Barack Obama? A simplistic explanation? Maybe. But just over a week ago Saturday Night Live went on the air again after a three-month hiatus. In the show’s first episode after the strike SNL’s comedians spoofed the sheer endless media love fest for Obama.

The sketch was a wake up call for many US journalists, especially on television. After SNL they finally started to take on Obama and looked much more critically at the Senator from Illinois, as a study by the Project for Excellence in Journalism as well as watching a lot of CNN suggest. Critical stories on Obama started to come up left and right.

It’s probably to late for Hillary Clinton. Well, had the SNL writers not been on strike for three months they might have had some eye opening sketches much earlier.

It sometimes takes a clown to tell the truth.

Liberal Sexism

Once the votes are counted in Ohio and Texas tomorrow night, we’ll be looking back to probably the most sexist primaries in US election history. It’s been amazing to watch how Senator Hillary Clinton’s gender ended up being the defying factor. It’s been even more amazing how liberals turned out to be the sexists du jour.

From the onset of the campaign Clinton’s experience was reduced to being a former president’s wife. Repeatedly, lefty commentator Robert Scheer belittled her as “a First Lady”.

I remember going to the 2000 Republican convention in Philadelphia. A right-winger was selling doormats, sporting the face of then First Lady Hillary Clinton, “so you can rub it right into her”, he told me. I asked him why he hates her that much. “Ah, she’s a cunt”, he answered. That was his only argument.

Well, it seems that many liberals are copying the ugly bias against Clinton without making an argument. The C-word has been typed by Obama supporters all over liberal blogs. Salon.com even had a competition to find “more ways to call Hillary Clinton the C-word”.

Bill Maher, one of my favorite comedians, lashed out at Hillary with a nasty montage of her “different personalities”:

You need to a flashplayer enabled browser to view this YouTube video

He introduced the piece in an all male panel as “I’m not sexist”, knowing how sexist it is. He also talks about “Hillary Clinton’s cunt”:

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Slate published a video that looked for “Hillary’s Inner Tracy Flick”. Flick was the ambitious and therefore horrible girl in the 1999 movie “Election”.

On Alternet, she’s been called a “woman who has tied herself to the semen-stained coattails of her husband”, and she is “no more a feminist than the man in the moon”.

On the comment boards of the Huffington Post Hillary was called the “most selfish witch in politics”, or “headless chicken”.

MSNBC, long called the liberal’s news network, called Chelsea Clinton’s campaigning for her mother “pimping”:

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Chris Matthews, also on MSNBC and a long time liberal, said she’ be nothing without her husband: “The reason she’s a U.S. Senator, the reason she’s a candidate for president, the reason she may be a front-runner is her husband messed around. That’s how she got to be senator from New York. We keep forgetting it. She didn’t win there on her merit.”

Matthews apologized for his “sexist (though correct) comments”, as the Huffington Post put it. So it’s true that Hillary Clinton only has a shot at the presidency because of Monica Lewinsky. Liberals sometimes have a rather twisted mind.

Liberals on the New York Times editorial pages have been particularly sexist. Frank Rich, normally a great thinker, uses one argument against John McCain in his latest column: He is like Hillary Clinton. And what is Hillary Clinton, in Rich’s thinking? “Tone-Deaf” for Obama’s cultural appeal. He called her campaign “whiners”.

It’s pretty pathetic how New York Times columnist Maureen Dowd seems to get a kick out of kicking another woman in the stomach in almost every column she’s published latley. A recent letter to the editor summed it up by quoting Dowd’s words to describe Clinton – “desperate,” “primal scream,” “clanging,” “churlish,” “discombobulated,” “gloomy,” “flipping,” “begrudging,” “whining,” “experience,” “pea green with envy,” “Sybil,” “cascading,” “dizzying,” “unsettling,” “struggling,” “tartly,” “peevishly,” “pointlessly,” “sarcasm” – versus words she uses for Obama – “golden child,” “sunny,” “consistency,” “bedazzling,” “confidence,” “excitement,” “exceptionally easy in his skin”. Enough already.

As the New York Times points out, US Magazine treated Hillary Clinton as a fashion victim while Barack Obama is shown as “a good dancer, a cool dad, a regular guy”. US, edited by a newsroom full of trendy liberals, gives Hillary the classy girl treatment while Obama is oh so great.

When Hillary stood up against sexism, she was accused of double playing. At a speech in Salem, N.H., a guy was holding up a yellow sign that read “Iron My Shirt”. One Clinton was on the podium he kept yelling at her. “Oh, the remnants of sexism, alive and well!” Clinton said, to roaring cheers and applause from the stunned crowd. When MSNBC reported on it on a blog, the first comment accused Clinton of dishonesty. “If this turns out to be a slick Hilly plant, then, shame on slick Hilly.” Or: “Completely staged. First the crying thing to appeal to women. Not this, to piss them off into voting for Hillary!”

Walter Shorenstein from Joan Shorenstein Center on the Press, Politics and Public Policy at Harvard University, asks the right question: “Is it in the country’s best interest that voters received far more information about Hillary’s laugh than Obama’s legislative record?”

Well, what’s the come after this? Probably the most racist general election in U.S. history. And don’t forget ageism. John McCain, as we already know, would be the oldest president to enter the White House.

What started out as an exciting US election – the first time in some five decades without an incumbent president or vice president running, the prospect of a first woman president or the first African American president – is turning into a nasty, and mostly meaning less affair. Issues anyone? Rather not.

Live From New York

Should you have missed last night’s Saturday Night Live, check out the opening sketch and Hillary Clinton’s editorial response. It pretty much sums up the treatment of the Democratic presidential candidates by the American press. And it’s a wonderful addition to last week’s mockery of presidential debates and Obamania.

Thanks to blogger Norm and his great site onegoodmove. If you visit this site regularly you don’t need to turn on your television anymore. You’ll find every clip that is either funny or relevant.

Alptraum Internet - 10 Jahre später

alptraum_internet.jpgVor genau zehn Jahren titelt das Schweizer Nachrichtenmagazine Facts “Alptraum Internet”. Auf zwölf Seiten klagte ich Ende Februar 1998 über technische Mängel der Datenbahn, beschrieb die Internet-Sucht und stellte fest, dass im Internet weit mehr Geld vernichtet als gemacht wird. Es war der letzte Artikel, den ich als Facts-Redakteur verfasst hatte; seither bin ich selbstständig.

Das Magazin Facts gibt es heute nicht mehr. Das Internet aber bestimmt den Alltag in der entwickelten Welt mehr denn je. Dann war der Artikel bloss ein provokatives Stück Thesenjournalismus? Kaum. Nur zwei Jahre danach platzte an den Börsen weltweit die Internetblase. Schätzungsweise 5 Billionen Dollar wurden in den Jahren 2000 und 2001 vernichtet. Bis heute hat sich die Technologie-Börse Nasdaq nicht erholt.

Breitband-Anschlüssen und verbesserte Software beseitigten technische Probleme. Hingegen erleben etliche Branchen wie die Kundschaft zu kostenlosen Anbietern ins Internet abwandert. So fiel die Musikindustrie dem World Wide Web zum Opfer, danach verloren Printjournalisten ihre Jobs. Derzeit werde das Fernsehen zu “Internet roadkill”, schreibt heute das Wall Street Journal.

Umso mehr lohnt sich eine kurze, selektive Rückschau. “Alptraum Internet - 10 Jahre danach.” Kursiv gehalten sind damalige Textstellen, in normaler Schriftlage verfasst sind die Kommentare von heute.

Was haben die meisten Internet-Talker zu sagen oder zu zeigen? Oft banale Redundanz.

Etliche Blogger publizieren heute gute Inhalte. Das Internet verbindet Gleichgesinnte. US-Präsidentschaftskandidat Barack Obama mobilisiert eine Generation neuer Wähler online. Ein Grossteil der publizierten Inhalte ist aber nach wie vor banal.

Die Glaubwürdigkeit des World Wide Web als taugliches und ernsthaftes Medium hat gelitten. Als «elektronischen Turm von Babel» bezeichnete die «Washington Post» das Internet. Nicht bloss herkömmliche Zeitungen oder TV-Anstalten, auch Tausende privater Homepages liefern sich im Netz einen News-Wettbewerb. Nicht Qualität, nur noch Schnelligkeit zählt.

Fälscher-Skandale um Tom Kummer oder Claude Bühler in Europa, Jayson Blair oder Stephen Glass in den USA haben der Glaubwürdigkeit herkömmlicher Medien arg zugesetzt, ebenso die laschen Recherchen vor dem Irak-Feldzug. Da traditionelle Medien immer weniger Geld ausgeben können für echte Recherchen, schreiben sie häufiger aus dem Internet ab.

Das Internet fördert die Faulheit vieler Journalisten. Es ist bequemer, die Welt vom Pult aus zu beschreiben als sie wirklich anzuschauen und darüber zu berichten.

Zwar ist die Qualität vieler Blogs enorm angestiegen. Doch Blogger leisten kaum journalistische Arbeit. Sie verdienen nichts oder zu wenig, um wirklich recherchieren, reisen und telefonieren zu können. Mit weit weniger Aufwand kommentieren sie die Arbeit anderer. Herkömmliche Reporter werden deshalb zwar kontrolliert, journalistische Werte enstehen selten. Es gibt immer mehr Kommentare und immer weniger recherchierte News. Irgendwann fehlen den Bloggern die News zum kommentieren.

Es gibt Ausnahmen. Letzte Woche gewann Joshua Micah Marshall mit seinem Blog Talking Points Memo einen Polk Award für investigativen Journalismus.

Vom globalen Sprachrohr ist das Internet weit entfernt. Fast drei Viertel der Menschheit hat kein Telefon. Nur drei Prozent der Weltbevölkerung hat Zugang zu einem PC.

Gemäss Internet World Stats nutzten Ende 2007 rund zwanzig Prozent der Weltbevölkerung das Internet. Wobei in Nordamerika über 70 Prozent der Bevölkerung im Internet surfen, in Afrika sind es 4,7 Prozent.

Internet Addiction Disorder (IAD), wahlweise auch Internet Addiction Syndrome (IAS) nennt die Wissenschaft die Internet-Sucht. Die Krankheit, erst seit zwei Jahren beschrieben, ist so zerstörerisch wie die Abhängigkeit von der Flasche oder der Nadel … Netz-Junkies surfen zu Hause und am Arbeitsplatz, verlieren ihre Jobs, ihre Beziehungen gehen in die Brüche.

Schätzungen gehen davon aus, dass heute 10 Prozent der Internet-Nutzer süchtig sind nach ihren vernetzten Computern. Weit verbreitet sind Online-Sex- und Spielsucht, die Sucht nach Online-Beziehungen und die Sucht nach Online-Shopping. New York Times-Blogger David Carr beschreibt in einem Essay die Sucht vieler Blogger, ständig publizieren zu müssen.

Das Internet? Ein Ärgernis.

Ärgerlich geworden ist vor allem der nützlichste Bestandteil des Internets: E-Mail. Zuerst hat Spam die Inboxen überfüllt. Dann kamen Spam-Filter, die selbst wichtige E-Mails nicht mehr durchliessen. Nun taugt E-Mail als 100 Prozent verlässliches Kommunikationsmittel nicht mehr. Da zu viele E-Mails ankommen, bleiben zudem selbst wichtige unbeantwortet. Die Abarbeitung der Inbox raubt täglich kreative Arbeitszeit.

Geldvernichtungsmaschine. Ein Irrglaube bleibt das billige, gewinnbringende Internet. Der bescheidene Werbeertrag im Internet kann die hohen Kosten nicht decken.

Der Internet-Handel floriert. Dank Websites finden Händler mehr Kunden und Kunden mehr preiswerte Produkte.

Nach wie vor ist aber nicht klar, wie mit Inhalten im Internet Gewinne erzielt werden können. Zeitungen und Magazine werden wegen Gratis-Angeboten im Internet geschlossen. Die Musikindustrie leidet seit Jahren. Derzeit bangen Fernsehanstalten um Werbeeinnahmen.

Mit dem viel gepriesenen Web 2.0 werden kaum Werte geschaffen, sondern hauptsächlich zerstört. Früher übte eine Band in der Garage, trat dann sie in einer Bar auf – und kriegte vielleicht einen bezahlten Plattenvertrag. Heute lädt die Band ihre Musik ins Netz, die Songs werden viele Millionen gratis mal runter geladen. Verdient hat die Band keinen Cent.

Ein Barkeeper verdient mehr und ist sozialer als ein Blogger.

Die unendliche digitale Geldvermehrungsmaschine? Ein Fass ohne Boden.

Online-Agenturen wie Adsense von Google oder Adword von Microsoft schalten Werbung auf privaten Blogs wie auf der Website der New York Times. Die Herstellungskosten für digitale Inhalte herkömmlicher Medien sind aber um einiges höher als jene der Blogger. Der Werbeindustrie ist dies allerdings egal, da sie nur am einzelnen Klick interessiert ist.

Google hat eine Technologie entwickelt, um bei YouTube-Videos Werbung zu platzieren. Für die einzelnen Produzenten der Videos bleibt relativ wenig Geld, für Google dank der schieren Masse jedoch sehr viel. Filmt jemand sein Baby und stellt das Video online, verursacht das keine Kosten. Der Hersteller einer Fernseh-Serie oder eines journalistischen Betrags wendet hingegen zig-tausend Dollar auf. Am Schluss teilen sich beide Produzenten die knapp bemessenen Werbeeinnahmen.

Noch immer ist im Netz nämlich Happy Hour. Die Inhalte sind meist gratis. Geld machen Hard- und Software-Firmen sowie Kabel- und Netzbetreiber, nicht Informationslieferanten. … Einschaltquoten sacken ab, sobald es etwas kostet. Erhebt jemand eine Nutzergebühr, springt sofort ein Gratisanbieter in die Bresche.

Heute sind noch mehr Inhalte gratis zu haben als vor zehn Jahren. Selbst hochwertige Titel wie die New York Times brachen Versuche wieder ab, für Inhalte Geld zu verlangen. Gewinne mit kostenpflichtigen Internet-Inhalten erzielt das Wall Street Journal. Der neue Besitzer Rupert Murdoch glaubt jedoch, dass er mehr Leser zu WSJ.com locken kann mit kostenlosen News.

Alle sind bereit, ihre Inhalte kostenlos ins Netz zu laden. «Autoren werden durch das Netz bedeutungslos», sagt die US-Internet-Visionärin Esther Dyson.

Esther Dysons Vision ist Realität geworden. Wie Andrew Keen in seinem Buch “The Cult of the Amateur” schreibt, hat das Internet das Jahrhunderte alte Wechselspiel zwischen Leser und Autorin aufgebrochen. Jeder ist nun ein Autor, es gibt kaum mehr Leserinnen. Das, argumentiert Keen, hinterlasse eine medienungebildete Welt.

Die Medienlese blickt auf den Artikel zurück.

Still a Winner

Sound mixer Kevin O’Connell is still a winner. Tonight he lost for the 20th time in his quest to win an Academy Award. This will ensure him a spot on every morning television talk show once his nominated again.

Had he won, O’Connell would just be another sound guy with an Oscar. Now he will be able to proudly carry the title of being the biggest loser in Hollywood. I’ll keep rooting for him to keep losing.

Fidel and I

fidel_gross.jpgToday’s announcement that Fidel Castro will finally retire left me both happy for the Cuban people and a bit nostalgic for my youth. Back in December of 1993, I traveled to the Havana Film Festival on my first foreign assignment as a very young journalist. I was freelancing for Swiss daily Tages-Anzeiger as a contributing film writer.

For the first couple of days I was pretty hungry. Even though I had dollars to spend, food was hard to find. A visit to the presidential palace changed all that. Fidel Castro invited the festival’s participants to a dinner party. There was plenty to eat. Foreign journalists stuffed themselves on everything the Cuban people didn’t have, and they drank a lot of rum.

After about an hour Fidel showed up, all dressed in army green. His tall black leather booths were shiny. It was a grand entrance. As most of his guests, I went up to him and tried to shake his hand. Suddenly he stood in front of me. He looked very much smitten by himself. I introduced myself as a Swiss reporter, grabbed his hand – and I was rather disappointed. His hand was sweaty, and his shake was weak.

At the palace I realized that Fidel was a fraud. Though he started out with a worthy cause and kicked out a dictator, he became one himself. He didn’t really care about his people. All that mattered to Fidel was Fidel himself.

The festival’s winner was Fresa y chocolate, a critical and very funny film about contemporary Cuba by Tomás Gutiérrez Alea. After premiering at Havana’s Karl Marx Theater everybody had hoped it would be the beginning of the end of Castro’s area. Well, it took another 15 years.

I traveled with a PowerBook 165 to Havana, which had a black-and-white screen and a dial-up modem. I didn’t have e-mail, so I had to fax my story directly from the computer to the home office. The entire staff of the press office was starring into the laptop as it was slowly transmitting from Havana to Zurich. It was my first trans-Atlantic filing.

Of course, my article (in German) was way to long and not very good. I still feel a bit sorry for the editor who had to re-type and shorten it

50 Years of Symbolic Peace

peace_symbol_5.jpgPacifists and war protesters all over the world wear peace signs on shoulder bags and jeans jackets. But only few know what the symbol really means, and where it came from. ☮

Exactly fifty years ago British designer Gerald Holtom created what would become the international peace symbol. On February 21, 1958 the Royal College of Art trained artist designed a logo for the Campaign for Nuclear Disarmament, the start of the British peace movement. ☮

While it looks like a stylized B-52 bomber or a chicken’s foot, Holtom said the symbol was inspired by the semaphoric signals for the letters “N” and “D”. They stand for “Nuclear Disarmament”. The symbol was first used on Trafalgar Square during a peace march in London. ☮

friedensdemo.jpgDuring the 1960s the symbol became a unifier among protesters against the war in Vietnam. It appeared on the walls of Prague when the Soviet tanks invaded in 1968. People painted it on the Berlin Wall. During the 1990s t-shirts sporting the symbol could be seen in Sarajevo and Belgrade. After 9/11 and the many anti-war marches that followed the attacks the symbol had another revival. ☮

Today, it is most commonly seen as the favicon of global classified ads giant Craigslist. ☮

Find many variations of the peace symbol in this tribute. Check out a brief history of the peace symbol. ☮

Bush’s Swiss Man for McCain

Republican presidential candidate John McCain has made a big catch. His new chief fundraiser is Mercer Reynolds, a financier from Ohio and former Ambassador to Switzerland. In 2004, Reynolds helped George W. Bush raise a record 273 million dollar for his re-election campaign. Reynolds had already raised substantial amounts of money for Bush’s 2000 campaign.

He will be a tremendous asset for McCain. Reynolds knows every rich Bush supporter and is extremely well connected within the wealthy Republican establishment.

What is not well known: Mercer Reynolds is the man who literally made George W. Bush.

In 1984, the financier bought Bush’s ailing company Arbusto Energy. It saved the young oilman from bankruptcy. Reynolds hired Bush as president of his own oil company, Spectrum 7 for an annual salary of $75′000.

A couple of years later Reynolds served Bush the possibility to buy the Texas Rangers, a baseball team. The price tag for his share: $600′000. Bush connections – his father was U.S. president – helped to convince the city of Arlington, Texas, to build a new stadium with taxpayer’s money. The stadium increased the value of the team tremendously. Bush later sold his share in the Rangers for a whooping $16 million.

Once in the White House Bush would not forget his mentor. In 2001, he named Reynolds Ambassador to Switzerland and Lichtenstein. In 2003 Reynolds stepped down to push Bush’s re-election effort.

Last week, Reynolds was inaugurated as the new chairman of the American Swiss Foundation. He won’t have much time for his new job.

GM’s Ghost Towns

anderson1.jpgToday, General Motors announced a record loss of 38,7 billion dollars for 2007. At the same time the car manufacturer offered all its 74′000 U.S. hourly workers new rounds of contract buyouts. GM doesn’t say how many people it hopes to shed. But the plan is to replace as many union represented workers as possible with non-union folks.

It will create many more GM ghost towns in America’s heartland. Two years ago photographer Robert Huber and I went to Anderson, Indiana, a town that used to have 20 GM factories with 24′000 GM workers. Now they have none. But Anderson is still doing quiet well. Many retired GM workers still live there, spending their GM pension and enjoying free health care benefits.

Read the feature story in English, in German or in Italian.

Florida and Ohio Matter

Barack Obama is on a roll. Last weekend the senator from Illinois won four primaries and caucuses. His Democratic opponent Hillary Clinton won none. But can he win Ohio and Florida in the general election in November?

This question is crucial.

The outcome in those two states will most likely determine who will be the next president of the United States. The reasons are purely mathematical. States in the North East and in the West will vote Democratic, while states in the South will go to the Republican candidate. Florida and Ohio are swing states with a large number of delegates. A Democratic candidate needs to win both of them in order to win the White House. In 2000 Al Gore lost in Florida; in 2004 John Kerry lost in Florida and in Ohio.

Barack Obama is very vulnerable in both states because of his positions on immigration, the number one issue in Ohio and Florida. Obama favors driver’s licenses for illegal immigrants. A wide majority of Americans is vehemently against it. Governor Eliot Spitzer had to retract the idea after facing huge opposition in the liberal state of New York. Workers in Ohio and Florida fear that immigrants are taking their jobs

While Obama can make a strong argument about his positions on the war in Iraq, U.S. elections are almost always won on domestic issues

Weltexklusive Weltwoche

Ein Interview mit US-Präsident George W. Bush? Das druckt jedes Magazin gerne, am liebsten exklusiv. Gar «weltexklusiv» sei das Gespräch aus dem Oval Office, das die Schweizer Weltwoche am 7. Februar veröffentlichte, heisst es im Editorial.

Geführt hatte es Morton M. Kondracke, Executive Editor bei der Zeitung Roll Call. Der ist Geschäftsmann genug, um seinen Zugang ins Weisse Haus nicht nur in der kleinen Schweiz zu verkaufen. Erstmals veröffentlichte er wesentliche Teile des Interviews in Roll Call am 31. Januar, also über eine Woche vor der Weltexklusivität in der Weltwoche. Tage später schon war das Interview in etlichen amerikanischen Lokalzeitungen zu nachzulesen, etwa im York Dispatch, der San Gabriel Valley Tribune oder der Chicago Sun-Times.

«Exklusiv», wie ein Freund treffend sagt, «war schon auf den Ariola-Platten immer eine Beinah-Lüge.» Dem Interview in der Weltwoche gebührt wohl eher das Prädikat «Teilexklusivität».

The Man Who Made Bush

Last night at the Harvard Club the torch was passed at the helm of the American Swiss Foundation. Ambassador Faith Whittlesey stepped down; Ambassador Mercer Reynolds took over as new chairman of the New York based organization. Whittlesey modestly introduced Reynolds as “a business man from Ohio” who was responsible for raising funds for George W. Bush’s re-election campaign in 2004.

What she didn’t say: Reynolds is the man who literally made Bush.

In 1984, the financier bought Bush’s ailing company Arbusto Energy. It saved the young oilman from bankruptcy. Reynolds hired Bush as president of his own oil company, Spectrum 7 for an annual salary of $75′000.

A couple of years later Reynolds served Bush the possibility to buy the Texas Rangers, a baseball team. The price tag for his share: $600′000. Bush connections – his father was U.S. president – helped to convince the city of Arlington, Texas, to build a new stadium with taxpayer’s money. The stadium increased the value of the team tremendously. Bush later sold his share in the Rangers for a whooping $16 million.

Once in the White House Bush would not forget his mentor. In 2001, he named Reynolds Ambassador to Switzerland and Lichtenstein. In 2003 Reynolds stepped down to push Bush’s re-election effort.

With Reynolds at the rudder the American Swiss Foundation is getting a great wealth of connections.

Why Romney Quits

Mitt Romney is dropping from the race for the Republican nomination. “I feel I now have to stand aside for our party and our country”, he said today.

What does it mean? Romney is getting ready for a run in 2012. He knows that the prospects for Republicans are rather dim this fall. The party is deeply divided, the current republican president is highly unpopular, and the base is not motivated to support any of the candidates.

In four years everything might look different. Hillary Clinton might have infuriated conservatives. They’ll do everything to kick her out of the White House. Republicans still seek revenge for 1992 when Bill Clinton ousted George H. W. Bush.

Since John McCain’s age will most likely prevent him from running again in 2012, a graceful exit is putting Romney into a pole position for the next election cycle. The former governor of Massachusetts might even convince some evangelicals that Moroni is no real threat for Jesus.

Print is Falling off the Cliff

Ten years ago I wrote a story, in German, titled “Alptraum Internet”. I described the Internet as a