DaytonOS — March Report

This is my March report.

In March, DaytonOS averaged 407 visits each day and 1243 hits on specific articles each day. For the month, this amounts to 11,902 visits and 36,247 hits. In my February Report, I showed that we averaged 394 visitors each day and 1130 hits each day on various articles.

We earned $20.37 this month, about 65 cents on average each day, from Google ads. In January, we averaged 68 cents of ad revenue each day, and in February we earned 52 cents of ad revenue each day.

DaytonOS syndicates three web-sites: Esrati, Daytonology , and Kurt’s NIghtmare. I’m wondering if there are other Dayton area web-sites, particularly, similar to these, that would like to be syndicated on DaytonOS? Let me know: mbock@att.net.  You are also welcome to simply register as an author and make individual posts.  It was great to see Greg Hunter making posts this month.

Sometimes I’m asked what the OS in DaytonOS means. David Esrati named the site and I think he came up with a very provocative name. Every Mac user recognizes the OS as meaning Operating System.

What the Operating System for Dayton should be is an educated, informed and engaged public empowered by a vigorous democracy. The mission of DaytonOS is to help bring such an operating system into reality. Yes, big goals. We have a long way to go. To become a credible alternative media, we need to be moving toward a size about 100 times where we are now — say, 40,000 visitors each day. If ad revenue remained proportional to what it is now, such a size would generate over $2000 each month in ad revenue, and with such revenue, we could pay writers and video producers.

It is always interesting to note which posts have the most activity. Posts on the Dayton Tea Party got the most attention this month.

  1. Dayton Tea Party Coming 478
  2. Dan Lipsky involved in consumer fraud? 234
  3. Dayton Tea Party receives more than 1,00 173
  4. Ohio\’s Overcrowded Prisons Have Record Record Number Of Inmates, Yet Face Budget Cuts 139
  5. Grassroots Group, CODEPINK, Scolded For AIG Disruption, “Pink Ladies” Seek Peace and Social Justice 116
  6. Governor Strickland Offers Five Point Plan To “Build Ohio’s Education System Anew” 110
  7. Montgomery County Jail Computer SNAFU stops visits 106
  8. Executive Committee of Montgomery County Democratic Party To Recommend Replacement for Tom Roberts 95
  9. Dayton Tea Party Rally sets venue at Courthouse Square on Tax Day 91
  10. Paul Krugman: “Boehner’s Idea of Economics Is Completely Insane” 76
  11. Why Ohio’s Senate Democratic Caucus Might Surprise Everyone And Choose Vic Harris — Not Fred Strahorn 73
  12. PACKED Nutter Center Cheers on Sarah Palin; Obama’s True Believers Mirror Hitler Rally 71
  13. Does Qbase Require Employees To Make Campaign Contributions? 70 More stats
  14. Organized Opposition Contributed to Centerville’s School Levy Defeat 66
  15. What Dayton Leadership is All About – Groupthink 66
  16. Governor Strickland In “Education Foruum” Discusses Six Principles To Guide Ohio’s Education Reform 62
  17. Rick Steves, Travel Expert, Says Americans Should Learn From Europe’s Socialism And Outlook 62
  18. Does your kid need braces? For FREE!? 60
  19. Why we’ll lose the Dayton Daily News, and what we’ll really be missing 49
  20. Joseph Stiglitz Says Anti-Regulation Ideology Caused Financial Meltdown48
  21. Obama’s Theory That Education Is Key To “Lasting Shared Prosperity” Is Contradicted By Statistics 45
  22. Open letter to Clay Mathile 44
  23. Fannie And Freddie Not Responsible For Housing Bust; Affordable Housing Goals Not At Fault 44
  24. Gov. Strickland’s Education Plan Disappoints — Fails To Deal With The Central Issue Of System Structure 43
  25. The World According To Rush Limbaugh 43
  26. Our Democracy Is Failing And It’s All Your Fault — So, Buy My Book 42
  27. Kucinich Urges Congress Investigate Whether Dick Cheney Used Illegal Death Squads For Assassinations 41
  28. The Third & Main Problem 39
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Economist Joseph Stiglitz Slams Geithner $500 Billion Bank Plan: “Far Worse Than Nationalization”

This I hate to hear.

Joseph E. Stiglitz, professor of economics at Columbia, awarded the Nobel prize in economics in 2001, writes in the NYT about the Obama administration’s $500 billion or more proposal to deal with America’s ailing banks, “The Geithner plan works only if and when the taxpayer loses big time.”

Stiglitz says, “What the Obama administration is doing is far worse than nationalization: it is ersatz capitalism, the privatizing of gains and the socializing of losses. It is a ‘partnership’ in which one partner robs the other. And such partnerships — with the private sector in control — have perverse incentives, worse even than the ones that got us into the mess.”

He says, “We are already suffering from a crisis of confidence. When the high costs of the administration’s plan become apparent, confidence will be eroded further. At that point the task of recreating a vibrant financial sector, and resuscitating the economy, will be even harder.”

Excerpts from the article:

  • Treasury hopes to get us out of the mess by replicating the flawed system that the private sector used to bring the world crashing down, with a proposal marked by overleveraging in the public sector, excessive complexity, poor incentives and a lack of transparency.
  • In theory, the administration’s plan is based on letting the market determine the prices of the banks’ “toxic assets” — including outstanding house loans and securities based on those loans. The reality, though, is that the market will not be pricing the toxic assets themselves, but options on those assets. The two have little to do with each other. The government plan in effect involves insuring almost all losses.
  • Under the plan by Treasury Secretary Timothy Geithner, the government would provide about 92 percent of the money to buy the asset but would stand to receive only 50 percent of any gains, and would absorb almost all of the losses. Some partnership!
  • Assume that one of the public-private partnerships the Treasury has promised to create is willing to pay $150 for the asset. That’s 50 percent more than its true value, and the bank is more than happy to sell. So the private partner puts up $12, and the government supplies the rest — $12 in “equity” plus $126 in the form of a guaranteed loan.
  • If, in a year’s time, it turns out that the true value of the asset is zero, the private partner loses the $12, and the government loses $138. If the true value is $200, the government and the private partner split the $74 that’s left over after paying back the $126 loan. In that rosy scenario, the private partner more than triples his $12 investment. But the taxpayer, having risked $138, gains a mere $37.
  • With the government absorbing the losses, the market doesn’t care if the banks are “cheating” them by selling their lousiest assets, because the government bears the cost.
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Young Creatives, Ages 18-40, Invited To Attend Summit On April 18 At Dayton Convention Center

Amy Forsthoefel sent me this e-mail message:

Here’s the scoop: Bring your big ideas for a better Dayton to the first-ever Updayton Young
Creatives Summit.

On Sat. April 18th at the Dayton Convention Center, young local creatives, ages 18-40, will join together with Miami Valley leadership to develop innovative ideas to transform Dayton into a better place to live, work and play.

Summit participants will discuss critical topics such as regional jobs, starting your own business, culture, neighborhoods, community service, diversity and schools while leaders listen to what young people believe we need to build a better Dayton. For those starting a business, finding the best llc service is crucial to ensure everything is set up properly and legally from the beginning.

The event will also include lunch and resource fair where attendees can network with peers, local businesses, organizations, and community leaders.

We need your ideas! Grab your friends and join us for the Updayton Young Creatives Summit on April 18.

Space is limited. Go to updayton.com to reserve your spot today.

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