The Market, Energy, And Political Page, Part 2, T+7 -- May 15, 2018

Elon Musk reorganizing. I think TSLA dropped $9 yesterday. Right now, TSLA is down another $9 and trading at $283. My understanding is that Tesla has run out of the "usual" or "standard" methods of raising cash. I don't know. I have no idea. I thought I would just post that.

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Win a free trip to Calgary, Alberta. The Vancouver Board of Trade (British Columbia, Canada, the province west of Alberta, and known as the province that hates Alberta) is flying "supporters" of the Kinder Morgan Trans Mountain Pipeline project for an all-expense paid trip to Calgary to show the movers and shakers in the Alberta oil sector that some folks in British Columbia actually support the pipeline. When a reader sent me that link, I replied:

• hold out for another week, and supporters may get an all-expense paid trip to Hawaii
• hold out until May 30th, and supporters may get an all-expense paid trip to the destination of their choice

Mainstream media dying. This is tracked elsewhere. Warren Buffett, just a few days ago, said print media -- i.e., newspapers -- is dead. The Salt Lake Tribune this week is reporting that the Tribune is laying off one-third of its newsroom, cuts back print offerings, citing plunging revenues. There was another newspaper reporting almost the same thing this week. Can't remember if I posted that; can't remember the newspaper. From the linked article:

In a radical restructuring of Utah’s largest newspaper, owner Paul Huntsman proceeded Monday with cutting 34 Salt Lake Tribune employees from a newsroom staff of 90, along with the elimination of key print sections and some well-known writers who were read for generations.

After sounding the alarm last Tuesday, Huntsman — whose wealthy father, philanthropist and Tribune champion Jon Huntsman Sr., died Feb. 2 — enacted a drastic reduction in costs at The Tribune in light of what he said were unexpectedly sharp declines in print circulation and advertising revenues since he bought the Salt Lake City-based publication in 2016.

Along with cutting one in every three newsroom employees, The Tribune will eliminate its high-profile Utah news section Tuesdays, Thursdays and Saturdays, having already gone dark with its Monday version of the local news page. Remaining pages devoted to news, features, entertainment, business, sports and puzzles will all contract slightly.

Too short. This is a good example of a song that is about a minute too short. Bob Dylan wold change this to a 12-minute long-play version. Play with a good woofer, or subwoofer:

Far From Any Road, The Handsome Family