MyGuy wrote:
Acording to NALS President Hr. Hernandez a Profit is being made by the CS webio project.
1. I would be willing to wager my annual salary that is not correct.
2. Feel confident some attempt at a'spin' would be made to expalin that.
3. Profit might exist on paper if all income is recorded and all expenses are capitlized for long term, because of that in an array of accounting tricks that AIG could be proud of, anyone can claim a profit.
4.If I have a business and I spend $800,000 in one year and have $97,000 in income, that's not a profit no matter how you amoortize it.
Mr Hernandez meant to say, north is making a profit. north takes his salary from Davey and pays no expenses toward the overhead of the webio. north gives his lapdog davey something far more valuable, his expertise at running a media outlet. and remember north went out and got notre dame HS and city of rosemont to give him money for the comcast show so it won't be long until he pulls in a real big sponsor like...............David Spada !! yeah thats the ticket.
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