CBS Sunday Morning on April 3, 2011
News: Southwest Airlines grounding of planes. US ended combat missions in Libya. Mention of friendly fire incident. Ivory Coast. Burning of Koran. Charlie Sheen's Violent Torpedo. NCAA basketball dog fight. Bald eagle hatching.
The cover story on April 3, 2011 was on unemployment among older Americans. Are long term unemployed out of luck? Duration of unemployment is on average 39 weeks. Tracy Smith started with a job fair in Orlando, Florida. People over age 50 are less likely to be laid off, but if laid off, less likely to get another job. Under 34, 36% chance. Over 62, 18%. Experience is less valuable to employers today than being cheap. Joanna Leahy at Texas A&M did survey: employers 40% more likely to go for . "The New Unemployables": older people dropping. Jacqueline B. James, Ph.D., Boston College. Baby boomers as burden on government? CFEC: Sandy Vidal holds job fairs in Orlando. Discussion about Facebook, LinkedIn, Twitter. Gary Boxall in Oregon: cracked open his nestegg. Sending out resumes kind of like fishing.
Almanac. TV Guide. April 3, 1953 publication date of first issue of TV Guide. Cover with photo Lucille Ball's son. Circulation peaked in 1980's at 20 million. 2008 TV Guide sold for $1 to private equity group.
Russ Mitchell on Pat Metheny. Strike Up the Band. Musical robots. A one-man band like you have never seen before. Taking animal sounds and see what they sound like on electronic instruments. Orchestrionics. Eric Singer in Pittsburgh,, PA: the guitar box. Tim Caulkins of Ragtime. Blowing across bottles. Peterson in Chicago: bottle organs. Polyphonic. Put his guitar box through its paces.
43 years ago tomorrow, King assassination (April 4, 1968). Mark Strassman talks about 1968 (Magic Carpet Ride). Riots swept 168 cities. Harry Reasoner. Award of Oscars postponed. Walter Cronkite. It took two months to track down James Earl Ray. Lorraine Motel. Hampton Sides has book on Ray. 1977 interview with Dan Rather: I didn't do it. In 1967, Ray escaped from Missouri prison. In 1968, volunteer for George Wallace. Cultural smile on their crime. King: violence of poverty. Rev. Lesley Moore in Memphis. I am a man. Remington deer hunting rifle. "I may not get there with you." A little before 6pm; King was completely exposed at the motel. A sniper's dream. Murder weapon with Ray's fingerprints left behind in green blanket. Ray sought to get to Rhodesia. Robbed a bank in London. Caught June 8, 1968. Ray died in 1998.
Snippet on Coover (superglue) with Elvis "stuck on you" in the background. Coover mentioning the government cancelled the contract. Snippet with Gary Moore.
Mo Rocca on GenCon. 30,000 gamers go to Indianapolis. Randemic, PowerGrid, the swarm. Settlers of Catan. Mortal Kombat. Angry Birds is now a board game. Scott Nicholson of Syracuse University: we can play board games from 100 years ago. The game Go. Candyland designed to keep kids inside. Escapism game. Carcasonne. Piece of cake. Learning to be a good loser is important. Bezzerwizzer. Edelweis.
32788 traffic deaths in 2010. Safest year on roads since 1949. India, 1.2 billion. Median pay for chief execs (sample of 158), 8.6 million in 2010. Average ballplayer, 3.3 million.
Harry Smith does Sunday Profile on Chris Rock. Don't hate the player, hate the game. Ray Romano would laugh at my house. "The MotherF**ker with the Hat." Raging Bull without the boxing. Adult version of The Honeymooners. I almost want to buy back all my movies. Murphy gave Rock his start. Catch a Rising Star. Black salad dressing, hot sauce. "Head of State": black man being president was funny. "Everybody hates Chris." In 2005, Rock hosted the Oscars. At this point in his life: re-booting. Being rich is about having lots of options. Tyler Perry in the Park (not Shakespeare in the Park).
Greatest baseball player of all time. Babe Ruth got 33%.
65% of all $100 bills are held overseas. Alternative: 500 euro note, named the Bin Laden note. In 1969, US stopped making $500 bills (Harding).
Loosey Goosey by Steve Hartman. Echo Park in Los Angeles. Maria the goose. Dominick. (reprised from CBS Evening News (Couric))
Sunday Morning Moment of Nature. Underwater, in the town of Dumaguete in the Phillipines.
**Footnote. The "news" portion indicated Sheen was not well-received in Detroit. "CBS Sunday Morning" effectively provided the first vehicle for CBS to comment on Sheen's Detroit performance.
From Charlie Sheen's 'Torpedo of Truth' a dud in Detroit
by the Detroit News:
With a team of writers and some time, Sheen could have pulled together something workable. But the "Violent Torpedo of Truth" show appeared to be thrown together and vetted by a close circle of friends who probably think Sheen is the funniest, most brilliant man alive. In that circle, he probably is.
Sheen's monologue was full of his usual poetic metaphors, pop cultural references and gruff egotism, but instead of lasting for the one or two minutes we were used to on TV, the piece went on and on, making the audience fidget and then explode in boredom and rage (the time between boredom and rage was frighteningly short). He was reduced to stop reading (yes, he was reading) and say, "Come on, let me finish...this is all leading to something!" when the boos became more insistent.
Reuters noted in Charlie Sheen's "Torpedo" bombs in Detroit :
"It was a bomb tonight. When you have people walking out and it's only the first quarter of the show, well, that's not a good sign."
Early reviews from critics were just as bad. "Call it 'tiger blood' or 'Adonis DNA' if you will. Just don't call it entertainment," wrote The Hollywood Reporter's David Rooney.
**Of vetted by a close circle of friends who probably think Sheen is the funniest, most brilliant man alive, managers have to avoid a similar trap in IP and take an objective look at their company's patent claims. And, recall, Detroit is the site of the first satellite USPTO office, and the site of Sheen's torpedoed torpedo.
**Footnote on unemployment among older Americans.
US News reported that there was a LOSS of 454,000 jobs by Americans in the age group 45 to 54 in the last 15 months.
HOWEVER, there was a GAIN of 1.3 million jobs in the age group over 55 the same 15 months. US News also wrote:
More working seniors. Workers over 55 are snagging the most new jobs, which says a lot about the state of retirement planning in America. Numerous surveys show that perhaps half of all Americans heading toward their retirement years lack enough savings to maintain their current standard of living as they age. The sharp drop in home values has hammered away at the household wealth of many retirement-age people. Many others lost a bundle when the stock market fell in 2008 and 2009--and bailed out just in time to miss the bull market that followed. Add to that fears of cutbacks in Social Security and Medicare, due to the skyrocketing national debt. The golden years, for many, aren't shimmery at all.
Many seniors say they plan to postpone retirement or work indefinitely, and the data shows they're doing just that. For the last decade, the overall labor-force participation rate--the percentage of the population that wants to work--has been gradually shrinking. But for workers 55 and over it's been going straight up. At the beginning of 2001, for instance, about 33 percent of seniors counted themselves as part of the labor force. Right before the recession started, in 2007, it was about 39 percent. The participation rate dropped sharply for all other age groups during the recession, as people gave up looking for work, went back to school, or decided to stay home for awhile to help with the kids. But for seniors it inched up, and is now at 40 percent--about 7 points higher than a decade ago. On one hand, it's good news that older workers are able to keep a paycheck coming, and build (or rebuild) their nest eggs--and that employers are willing to hire them. But they may also be taking jobs that would go to younger workers. And rising later-life employment is probably a sign of economic stress that could last awhile.
See Why the Middle-Aged Are Missing Out on New Jobs