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Press Talk: Of getting tough and comments

Friday, May 1 | 11:16 p.m.



Lou Brancaccio is The Columbian’s editor. Reach him at 360-735-4505 or lou.brancaccio@columbian.com.

Joseph P. Kennedy, the father of John F. Kennedy and one-time U.S. ambassador to Britain, had this great quote attributed to him:

"When the going gets tough, the tough get going."

And that's exactly The Columbian's plan. On Friday we announced we were filing for Chapter 11 bankruptcy protection. It's really a reorganization. The bad economy was a major player. But it also has to do with our ill-timed decision to put up a multipurpose building. It was to be — in part — used as The Columbian's offices.

So all of that spelled trouble.

Lots of us are worried about what will happen tomorrow, if we'll be able to keep our jobs or our homes. Businesses worry if they'll be able to stay in business. And Chapter 11 might sound bad to some. But truth is, Chapter 11 is there to be helpful, not hurtful. It's there to keep businesses in business, not to shut them down.

And make no mistake about it. We're in business and expect to be for a long, long time.

Look at what President Obama said just Thursday about the Chapter 11 filing by Chrysler.

"This is not a sign of weakness but rather one more step on a clearly charted path to … revival."

Amen.

So Chapter 11 allows a business some time to reorganize. And fortunately for us, we've been doing that for several months now.

Frankly, if you're a regular reader of The Columbian, you're aware of all of this. We've been very open with the public about the possibility of Chapter 11 as well as the reorganizing we've done here to better get expenses in line with revenue.

Because of that openness, we've heard from many of you. Most appreciate the situation we are in. Some let us know what they think is the real reason we're having problems: We're too conservative; we're too liberal; we don't cover The University of Oregon well enough; we cover The University of Oregon too much.

You get the picture.

And we allow our detractors to use our Web site to tell us how bad we are. As it should be.

One blogger told readers we'd be sold on the courthouse steps the upcoming Friday. That was several weeks ago. No surprise. No sale.

I just don't see it happening.

What do I see happening? Sometime this year we'll settle with the bank and we'll be out of Chapter 11.

But the most important thing I see happening — for our readers and advertisers — is tomorrow's newspaper. And the next day and the next day.

In other words, it's basically business as usual. Kennedy had it right: We're tough and we'll get going.

*****

Speaking of business as usual, I often get comments on this column and last week — when I compared fishing to news stories — was no exception. A letter came in slapping me upside the head a number of different ways. It described my column as "inane and convoluted." OK.

But there were also these comments:

  • "The column is upbeat and thought-provoking."
  • "I enjoyed the column."
  • "Lou, what a great (column!) Living in Alaska, I can relate to salmon fishing … love to cook it!"

Now, how — one might wonder — could the same column be "inane and convoluted" and "thought-provoking" at the same time? Well, there are those who love the taste of salmon and those who hate it. Two people can look at the same piece of fish — or a column — and have completely different reactions. All I can ask is that, while we always should respect other opinions, we should not assume that our opinion is always the right opinion. Mine included.

They're just opinions.

Lou Brancaccio
is The Columbian's editor. Reach him at 360-735-4505 or lou.brancaccio@columbian.com.



   
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