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Showing posts with label 2nd September 2012. Show all posts
Showing posts with label 2nd September 2012. Show all posts

Saturday, 1 September 2012

A Hell Of GOP Show



Liberals and the mainstream media are having a field day over Clint Eastwood’s appearance at the Republican National Convention, mocking it ceaselessly on cable. They’re using it just like the storm beforehand—doing whatever it takes to distract from Mitt Romney and the message he wants to convey. But no matter how crazy it drives critics, Clint pumped up the hall, showed people it was OK to poke fun at President Obama—and left ’em laughing in the aisles. No amount of post-game complaint can change the fact that the GOP—and convention organizer Russ Schriefer in particular—put on a hell of a show.
russ-schriefer-mckinnon
Russ Schriefer and Mitt Romney. 
Heart, brains, and courage. It was all there for America to see on stage. And Schriefer was the man behind the curtain. Given the challenges faced by the party and its nominee, he proved to be a true wizard.
Fighting hurricanes of nature and man (Isaac and Todd Akin), not to mention the very difficult and divided factions within the GOP these days, Schriefer managed one of the most successful conventions in memory.
Russ is the second half of the well-known Republican consulting duo of Stevens and Schriefer, the media-and-strategy team that has held the reins of the Romney operation since the beginning. Stuart Stevens usually gets most of the attention, as he is a flamboyant character who writes for movies and television and participates in extreme sports. Schriefer is the quiet half of the team. But as anyone who has worked with them knows well, Russ’s talent and contribution are just as strong as Stevens’s. Like any great team, it works because they complement each other so well. (Rumors that the two were at war over the Eastwood appearance are greatly exaggerated.)
The problem with the nominating conventions, as I’ve recently written, is that they are anchored by tradition and legacy. It’s hard to break with both and do anything that seems truly modern and in step with today’s media and consumer demands. Russ ran the 2004 Republican convention (which media critic Tom Shales pronounced to be “more media-hip and glitzy than the Democrats’”), and played a heavy role in 2000 as well. We had dozens of conversations about how to change the format. Could we get outside the cavernous, impersonal building? Did it really have to be four days? And the answer was and is always, “No” and “Yes.”
So, let’s stipulate that if there weren’t decades of history and physics that don’t leave a lot options, it’s unlikely you’d sit down and decide in the 21st century to have four nights of speeches from lone figures standing in the middle of an empty stage in a huge convention hall with thousands in stadium seating and expect a lot of sustained public or media interest. But let’s look at this last week for what was actually accomplished.
Mitt Romney became not only the nominee of a now-united party, he became the leader his party, and quite possibly the country, needs. We already knew he had a brain, but we also saw his heart and his courage through the reflection of his wife’s love and the moving testimonials of those who have seen him quietly caring when no one was watching. His running mate, Paul Ryan, proved he is the man for the task ahead, serious and earnest, likeable and charming, and—most important—ready for a fight. The party also showed a deep and diverse bench of talent, from the unexpected stars Mia Love and Susana Martinez to the expected all-star performers Condoleezza Rice and Marco Rubio. And despite skirmishes on the floor over rule changes and distractions lobbed by Democrats and the media, the focus remained positive, and on the economy and the future.
“A convention is a circus on steroids where everyone from the man with the big mustache to the gang in the clown car has a disproportionately oversized ego,” said Jim Dyke, senior advisor to the convention. “Russ outlined a program that would communicate the critical policy positions that are the foundation for governing and the personalities that connect Americans with the character of our party and our candidates. He then executed the plan with a contagious calm.”
Beth Myers, Romney’s trusted head honcho who ran the vice-presidential selection process, effused, “Russ was absolutely the perfect person to run the convention for Mitt. He intimately understands both Mitt and the campaign, and he has Mitt’s full confidence. Russ crafted each night’s theme in order to tell Mitt’s story in a way that all Americans would learn about the man that you can’t see in sound bites and 30-second ads.
“Russ’s creativity and vision are what made this convention feel different. The warmth and intimacy of this large hall didn’t happen by accident—it’s a product of Russ’s drive to get everything right. From the lighting to the stagecraft to the programming. It’s creative, innovative, and reflects Mitt in every detail. The program, of course, is the heart of every convention. And the program told every facet of the Romney story—his family, his faith, his service, his business acumen. It’s a daunting task, and Russ got it all right.”
The Wizard got a strong assist from the convention program director, Anne Hathaway. “Every successful organization has a backbone that keeps all the parts functioning, and if not for Anne we definitely would have lost at least our head along with a few limbs,” said convention press secretary Kyle Downey. “Our success is a testament to both her skills, constant optimism, and friendship.”
It’s easy to criticize the Eastwood moment. But who among us would not have done the same if offered the most iconic actor in America today? Not me. He’s always delivered. He’s always made our day. And despite the mainstream media and liberal hysterics, I’ll bet a lot of conservative and independent voters found Eastwood’s routine refreshingly nonpolitical and authentic. And who knows how many people tuned in to see Eastwood and no matter what they thought about his performance, they likely stuck around to watch Romney’s speech and see a side of him they’d never seen. It was impossible not to be moved by the human moments like Mitt choking up telling the story of his father and the roses he gave his mother every day, until one day a rose didn’t show up and that’s how she knew he had passed.
Schriefer is a big fan of politics and a consummate political pro, having now worked for four out of the last five presidential campaigns, and numerous gubernatorial and Senate races, including Chris Christie’s. But he’s also a fan of the theater, and serves on the board of Washington, D.C.’s Signature Theater. To pull off a successful convention, it took someone like Schriefer who has the vision and creativity of a theatrical director.
Schriefer oversees all the advertising for the Romney campaign.  He produced the terrific Romney biographical film that Joe Scarborough dubbed “amazing.” And in his spare time, he oversaw the entire convention. He’s the quiet man behind the curtain. But, make no mistake, he is a wizard. And deserves a lot of credit.
As global vice chair of Hill+Knowlton Strategies and president of Maverick Media, Mark McKinnon has helped meet strategic challenges for candidates, corporations, and causes, including George W. Bush, John McCain, Ann Richards, Charlie Wilson, Lance Armstrong, and Bono. He is cofounder of No Labels and co-chair of Arts & Labs.
Explore: World News       Romney         Ann Romney         Paul Ryan         Obama    Todd Akin        Jillian Manus        Akin's Apology         Obama's Remarks          White House          Medicare           U.S           Religion          CBO         Voters Undecided          Clint Eastwood


Edited By Cen Fox Post Team

Facebook Shares Hit A New Low



SAN FRANCISCO (MarketWatch) — Facebook Inc. slumped to a record low on Friday after a pair of brokers slashed their price targets on the stock, citing the combined weight of massive share lockups as well as signs of a weakening advertising business at the social network.
In morning trades, Facebook (US:FB) shares fell more than 4% to $18.31. This represented an all-time low for a stock that has steadily been losing ground since its high-profile IPO in May, with the company’s market value now less than half the level set by its debut price of $38 per share.
More than 24 million shares had traded hands in the first hour of trading, compared to the stock’s three-month daily average of 36.8 million.
Bank of America Merrill Lynch and BMO Capital Markets both cut their price targets on Facebook. Stifel Nicolaus does not have a price target on the stock, but trimmed its forecast for the company’s 2013 fiscal year.
“Although valuation appears tempting, the uncertainty of the earnings trajectory and increasing public float leaves us cautious,” wrote Stifel’s Jordan Rohan in a note to clients.
A major issue weighing on Facebook at present is the expiration of post-IPO share lockups. About 271 million shares were released in mid-August, while more than 1.3 billion shares will become available for trading by mid-November. This will significantly increase the size of the company’s share float, with investors worried that the influx will push down the stock’s price if insiders like early investors and employees rush to sell their shares.
“Facebook has multiple lock-up expirations over the next year, and recent selling activity on the August lock-up suggests to us the risk of future selling pressure,” wrote Bank of America’s Justin Post.
Pointing to the mid-November lockup expiration that will release about 1.2 billion shares, Post said: “We wouldn’t expect the stock to see buying momentum until December.”
Daniel Salmon of BMO cut his price target to $15 from $25, and said the lockup was one factor, but also cited weakness in the company’s advertising business.
“Checks on paid media spending remain mixed; many conversations referenced a ‘pause’ in order to reevaluate earned/owned/paid mix and ROI [return on investment] measurement,” he wrote, adding that another risk factor is “continued industry pricing pressure.”
Salmon, who has an underperform rating on the stock, said that investor sentiment “is now much worse” than sentiment among advertisers for Facebook, but that focus will return to the company’s business fundamentals “after the technical challenges presented by lock-up expirations over the next six months have been absorbed by the stock (possibly offset by some index buying at some point).”
Bank of America’s Post kept a neutral view on the shares, cutting his target to $23 from $35. He noted “opportunities for new ad formats” that could help the company improve its advertising business, but expects continued pressure for the rest of this year.
Stifel’s Rohan said Facebook’s platform “has huge potential,” but still faces “significant” challenges with monetization.
“We believe the period of indigestion may continue as more shares come to market, limiting the positive reaction to growth initiatives,” he wrote, keeping his hold rating on the stock.
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Edited By Cen Fox Post Team

Syria Rebels Target Air Bases


Clashes in Aleppo, Syria
Syrian rebels take position in Aleppo this week during clashes with government forces. 
BEIRUT — Thwarted by aerial attacks, Syrian rebels appear to have begun systemically targeting government air bases and aircraft, while trying to capture antiaircraft missiles that can shoot down helicopters and fighter jets.
An opposition group reported Saturday that insurgents had captured an air defense base in eastern Syria, close to the Iraqi border, and that battles were raging near a military airport in the area. News reports cited opposition sources as saying that some antiaircraft missiles were seized.
It was reportedly at least the third time in a week that rebels had targeted government air installations. The others were near the northern cities of Aleppo and Idlib, close to the Turkish border. If the reports are accurate, the operations demonstrate an elevated degree of coordination among various rebel brigades, which often operate autonomously.
The attacks seem to be directed at bases from which aircraft take off to strike opposition-held territory.
"When you can't hit the airplanes when they are flying, you will make sure they can't take off," said a rebel representative in Idlib province who goes by the nickname Abu Bashir. "There are not enough antiaircraft weapons and missiles, so targeting air bases … is a natural choice."
The government of President Bashar Assad rarely deployed fighter jets and helicopter gunships in the early days of the conflict, now in its 18th month. The military initially relied heavily on tanks, artillery and ground troops. But as insurgent forces grew in strength and attacks became more audacious, the government unleashed its considerable air assets.
Rebels complain about a lack of surface-to-air missiles that could help neutralize military aircraft. There have been repeated reports that the opposition has received some supplies of such weapons, either provided by overseas suppliers, captured from government stocks or purchased on the black market. But there has been no indication of widespread deployment of shoulder-fired surface-to-air missiles in Syria.
Still, in the last week, the opposition has reported downing several aircraft, including a helicopter that was seen in a video Monday falling to the ground in flames in Damascus, the capital. On Thursday, another opposition video posted on the Web appeared to show a downed fighter jet in Idlib province and a pilot parachuting from the aircraft.
The videos could not be corroborated.
The official state news service said authorities repulsed a "terrorist" assault Wednesday on the Taftanaz air base in Idlib province. But a rebel media activist known as Abu Houmam said 10 helicopters were destroyed and six damaged in a surprise attack on the base.
The rebel spokesman described the attack as an intricate operation in which the base was closely observed for weeks and defectors from the facility provided details on operations. The rebels deployed heavy weapons, including mortars, locally manufactured rockets and a captured tank, with an eye to destroying as many aircraft as possible, Abu Houmam said.
A day later, the opposition reported that more helicopters were destroyed in an attack on an air base in Aleppo.
There was no independent confirmation of any of the attacks. Authorities have yet to acknowledge that rebels have shot down any aircraft or destroyed any helicopters or planes on the ground.
Meanwhile, another day of fierce combat was reported Saturday in Aleppo, where rebel and government forces have been fighting for more than a month. Rebels have pulled back from some initial territorial gains, but government forces have not succeeded in dislodging insurgents from the city.
Tens of thousands of civilians have fled and officials have warned of a humanitarian catastrophe in Aleppo, the country's biggest city.
On Saturday, the new United Nations envoy to Syria issued a warning to the Assad government.
"I call on parties inside Syria to halt the fighting. Undoubtedly, this call is primarily directed to the government," the envoy, Lakhdar Brahimi of Algeria, said in New York. "The need for change is urgent and necessary."
Also Saturday, the government and rebels accused each other of a new round of extrajudicial executions. Such charges have become an almost daily feature of the conflict.
The official Syrian news service alleged that "an armed terrorist group" had killed five members of a family in Aleppo's Marjeh district. State news media said a terrorist known as "the captain" headed the faction responsible for the attack.
An opposition organization, the British-based Syrian Observatory for Human Rights, alleged that a dozen people were "summarily executed" in the town of Kfar Batna, outside Damascus.
There was no independent substantiation of either incident.
Explore:  World News       UN        Ban Ki-moon        Syria           Abu Allawi  
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Edited By Cen Fox Post Team

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