Tuesday, April 18, 2006

Why Katie? Why not Laura Ingraham?

It's been too long since I've posted, but hopefully I'll get some regular opinions on the board.

Katie Couric replaces Dan Rather at CBS... doesn't make much sense from a business standpoint. There is one news outlet that caters to conservative viewers (Fox News Channel) and a slew of them catering to liberal viewers (to varying degrees: ABC, CBS, NBC, CNN, MSNBC, PBS). With the populace's ideology split pretty evenly between the liberal and conservative camps, why would CBS continue to compete against 5 competitors instead of 1? It would make sense to compete against only the Fox New Channel for conservative viewers... CBS would generate higher ratings, which translates into more ad dollars!

I've been following the real estate market on the blogosphere and in the local news. A 1-BR 722 sq ft Condo down the street from me went for 400K! Supply and demand will eventually determine the outcome of the recent price increases, but rising interest rates and prices will damper both investor and occupier demand for homes.

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