Word: programming
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...powers that be are taking away Jack Donaghy's microwave ovens. The cast of 30 Rock - a show about a fictional program on a very real TV network - will have to find a new target to make fun of, now that cable giant Comcast has finalized its bid on a majority stake in NBC Universal. If the plan gains final approval from government regulators, Comcast will have effectively bought a controlling 51% stake in the entertainment company from General Electric in a deal worth some $30 billion. As GE's vice president of East Coast television and microwave-oven-programming...
Much of NBC's early DNA can be found in its current programming. Its Sunday-morning stalwart Meet the Press was originally a radio program when it was founded in 1947. The Today Show was launched on TV in 1952, followed by The Tonight Show in 1954. But by the 1970s, many of NBC's other TV offerings had foundered: local affiliates were defecting to competitors CBS and ABC, which were proving deft at luring away younger audiences. The company was bought - again - by General Electric in 1986; the new owners quickly shed NBC's remaining radio operations in part...
...problem the Administration is out to tackle is related to the structure of the Home Affordable Modification Program (HAMP). The first three months of a mortgage rewrite are something of a probation period- and very few homeowners are making it out of that trial. More than 650,000 borrowers have been placed in trial modifications, but as of September, fewer than 2,000 had become permanent. (See pictures of the faces behind the foreclosures...
...Fund. Pelosi last summer had pushed for a $600 billion six-year highway reauthorization bill, but the Administration and Senate balked at raising gas taxes, which is how the bill is traditionally paid for. Instead, Oberstar and House Appropriations Committee chairman Dave Obey have suggested a smaller, Band-Aid program of $100 billion drawn from general Treasury funds, though Oberstar has also suggested using some of the leftover bank-bailout money. He still hasn't heard anything back on either proposal. "It's like shouting out into outer space - nothing's coming back from the other side of the Hill...
...might reasonably ask, did the strategy review really have to take so long and be so public? Obama had no choice about the public part of the program; he is privately furious about the leaks, especially those from the military. "We will deal with that situation in time," an Obama adviser told me. The criticism of the President for dithering is also unfair. This second Afghan strategy review in less than a year was made necessary by an assortment of dramatic new developments on the ground. Each had to be analyzed individually and then correlated with the others. There...