Mark Halperin – editor=at=large of thinly read, left-leaning Time magaine said on live TV that President Obama acted like a (blank) during his press conference yesterday.
Watch the clip to fill in the blank … worth watching.
Archive for June 30th, 2011
Herman Cain’s bona fides …
June 30, 2011When pundits speak about Herman Cain – or introduce him for an interview – they usually reference him as the (black) tea party candidate and former Godfather’s Pizza CEO who once hosted a talk radio show.
As reported by The Atlantic:
It hasn’t gotten much attention that Cain was chairman of the Kansas City Federal Reserve Bank in the mid-1990s.
The Kansas City Fed is one of twelve regional banks that advise the Federal Reserve Board and initiate changes in the discount rate.
The Kansas City Fed in particular has a reputation for monetary conservatism and distrust of central authority.
From 1992 to 1996, Cain served as a director of the Federal Reserve Bank of Kansas City in the capacities of deputy chairman and then chairman of the Board.
Hmmm …. puts a whole new paint job on the candidate.
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Pepsi decides to focus on, well, Pepsi …
June 30, 2011Ken’s Take: Indra Nooyi — PepsiCo’s CEO — is an Obama fav because she pushes healthier foods (even healthier than sugar-water and corn chips ?) and charity causes.
Bottlers ask “Is she ashamed of selling carbonated sugar water?”
Investors and industry insiders are concerned that her push into healthier brands have distracted the company from some core products.
When flagship Pepsi-Cola dropped to number 3 – behind Coke and Diet Coke – even Ms. Nooyi had to take notice.
Her plan: flashier containers and a summer ad campaign featuring Santa.
Might work …
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Excerpted from the WSJ:
Snack-food and beverage giant PepsiCo is launching the first new advertising campaign for its flagship Pepsi-Cola in three years—offering one of the most visible signs PepsiCo is throwing new weight behind its biggest brand after it sank to No. 3 in U.S. soda sales last year, trailing not only Coke but Diet Coke.
Ceding the top two spots to rival Coca-Cola Co. marked a huge embarrassment in a cola war that traces its roots to the 19th century.
PepsiCo is launching its first ad campaign in three years with a spot that focuses on its Pepsi-Cola. “Summer Time Is Pepsi Time” featuring Santa on vacation.
PepsiCo says it plans to spend about 30% more this year on TV advertising for its North American beverages, with soda a big focus.
As recently as 2005, PepsiCo spent $348 million on soda ads in the U.S., almost as much as Coke, which spent $377 million.
But by last year, the company had more than halved its spending to $153 million, while Coca-Cola spent $253 million, according to Nielsen Co., which tracks advertising.
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In late 2008, Pepsi implemented a costly overhaul of all brands, that were looking “tired on the shelf.”
PepsiCo launched new graphics for all the big beverage brands and new packaging for more than 1,200 individual products, an unusually ambitious redesign.
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Move over, Richard Simmons …
June 30, 2011Wally the Walrus is latest fitness icon.
Click the pic for for a smile …
The Homa Files 