Secular Dems

Doug Henwood dhenwood at panix.com
Thu May 16 07:02:20 PDT 2002


Luke Weiger wrote:


>Scroll down through most of Kaus' customary nonsense to the ME polling data.
>
>slate.msn.com/?id=2065783
>
>-- Luke

And just below it...


>The paleoliberal magazine The American Prospect, lavishly funded by
>the Bill Moyers-led Schumann foundation, was described in a previous
>item as "troubled." It turns out I accidentally understated the
>case. The Prospect, I've learned, is way more than "troubled"
>financially. It seems that a businessman placed by Moyers on the
>Prospect board, Michael Johnston, actually looked at the Prospect's
>books and, unlike Enron's accountants, sounded the alarm. The
>resulting financial crisis has insiders speculating that TAP might
>revert to bi-monthly or quarterly status, or even become a
>Hotline-like newsletter plus a Web site (Note to Moyers: Keep the
>blog!) .Š Prospect managers have now decided to ask/beg Schumann to
>simply continue giving TAP money to maintain it as a biweekly.
>Fellow TAP-bashers might want to pay close attention to the next
>Schumann board meeting, on June 13th. Š How is TAP like Vietnam? Why
>would Schumann keep sluicing money down the Prospect-hole, with no
>end in sight? Moyers' foundation may in fact have considered pulling
>the plug on TAP. But the magazine is now so associated with Schumann
>-- and with Moyers -- that they would be publicly humiliated if it
>suddenly collapsed or shriveled up (after they'd poured in many
>millions and reaffirmed their confidence in its leadership). They
>can't just pull out! They need to prop it up for a decent interval,
>Kissinger-style Š Note to executive editor Harold Meyerson: This has
>been going on for weeks. Don't you think you should have been, like,
>told? Š How is TAP like Ishtar? As for the Prospect's hope of being
>saved by a Hollywood celebrity - well, kausfiles has been talking to
>its extensive Tinseltown network, and wonders: Why would a cautious,
>publicity-conscious star like, say, Warren Beatty want to get
>involved in such a potential disaster? Š



More information about the lbo-talk mailing list