Roger Explains [Dan Collins] [UPDATED BY JEFF]
the rogering. Sort of.
Congress hedges itself against stagflation with a $93k raise. We’re all going to have to sacrifice.
update: With thanks to Darleen for reading Roger’s Version so that I don’t have to, an excerpt:
Actually that part of our business has been losing money from the beginning, so the people getting their quarterly checks from PJM were getting a form of stipend from us in the hopes that advertisers would start to cotton to blogs and we could possibly make a profit. DidnÃ¢â‚¬â„¢t happen. No wonder those people are kicking and screaming now that they are off the dole. I might too. [What's their beef? I thought most of them were free marketeer libertarians or something.-ed. Go figure.]
Here’s the thing, Roger: you never once told us that the blog network you kept insisting was the next great thing “has been losing money from the beginning” — at least, not to our faces, and certainly not in any way that would suggest that you were carrying us like welfare recipients.
And really, if that was truly the case, why not let us know and offer us a chance out of contracts rather than blow sunshine up our asses? And don’t tell me you were keeping us on out of the goodness of your heart, either. Because there’s simply no way a big businessman like you would feel the tug of conscience. It’s all about the bottom line, after all.
The fact is, Roger, not everyone was given millions of dollars of venture capital to blow through. So before you go comparing people YOU SOLICITED TO JOIN YOUR ORGANIZATION to people taking welfare (you ever try paying a hooker with food stamps?), you might want to think about where it is “your” money is coming from.
We free marketers aren’t complaining that the business model failed. We’re upset (well, I am, at least) that the outfit was run into the ground by those who, to this day, can’t even articulate what it is they hope PJM to become, and who wasted the talents of a lot of popular average Joes in order to pay marquee names to post choppy versions of already syndicated columns — all in a complete 180 from what we were told PJM was about when we signed on.
So if it makes you feel better to take swipes at we ungrateful proles in your (predictably self-forgiving) apologia, have at it. But the truth is, you’re now running a vanity site for wannabe journalists.
About as edgy as bowling ball, and with even more holes.