(Gates is going up in my book. He recently said that "market capitalism" is wonderful for developed countries - very arguable -but can't help or develop the rest of the world. Quite an admission. Anyone else see that?)
>>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
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