Highest Recorded Price for an Office Building Ever
Stunning one-of-a-kind fixer-upper. Constructed on Capitol Hill in Washington, D.C. in the 19th and 20th centuries, "The Capitol" is an absolute treasure exemplifying the very best in 19th-century neoclassical architecture in full period detail and charm. Its renowned center dome may well be one of the most famous man-made landmarks in America. Its designs, derived from ancient Greece and Rome, evoke the ideals that guided the nation's founders. Situated on about 4 acres, the structure has approximately 16-1/2 acres of usable floor space. The building contains approximately 540 rooms and is zoned for commerce. Sotheby's International Realty Masterpiece. $2,800,000,000.
According to The Center for Responsive Politics, the nation’s premier research group tracking U.S. political spending and its effect on public policy, this midterm election for control of the House of Representatives and Senate will be the most expensive midterm election ever. Candidates, national political parties and special-interest advocacy groups will spend more than $2.8 billion to buy the 472 federal contests that are taking place throughout the country. This represents a 27% increase over ’02.
Damn! That's a LOTTA advertising and PR!!
All candidates for House and Senate have raised nearly $1.3 billion, based on data available from the Federal Election Commission on Oct. 23. Candidates still in the running for House have raised, on average $760,000, while Senate candidates have raised $5.8 million (which includes money raised since the start of the six-year term in 2001). Incumbent senators have a 4:1 advantage over their current challengers, on average. House incumbents have outraised their current challengers 7:2.
Republicans are expected to retain their edge in fundraising. The Center predicts that Republican interests — candidates, party committees and conservative advocacy groups — will spend $1.4 billion on this election. Democratic interests will spend $1.3 billion.
Lastly, topping the Center’s 2006 list of big donors are lawyers, the real estate industry, and Wall Street. Business interests account for more than three-quarters of all contributions.
Last year, the insurance giant Met Life sold the Met Life Building at 200 Park Ave., the 58-story, 2.8 million square-foot office tower formerly known as the Pan-Am building, for $1.72 billion, the highest recorded price for an office building in America. The buyer was a joint venture of Tishman Speyer, the New York City Employees' Retirement System, and the New York City Teachers' Retirement System.
Ya gotta know that at least a billion of that is pure PR puffery.
To war, to war, to war we're gonna go!
Oh, hi-de, hi-de, hi-de, hi-de, hi-de, hi-de-ho.
They got guns, We got guns,
All God's chillun got guns.
Oh doncha cry for me,
Coz I'm comin' round the mountain
With a banjo on my knee.
It all harkens back to PR’s Golden Age. There once was a time when the PR brigades marched proudly with their armed compatriots on any given Memorial Day. Floats of pretty girls aside, PR color guards, bands and drill teams performed for the crowds that lined the streets 6 deep. The guards performed prerequisites such as "Pass in Review", "Posting of Color" "Manual of Arms;" but the "Synchronized Rolodex Spin" always stole the show. As sons on their father’s shoulders cheered, tears came to the eyes of many a veteran flack.
But in recent decades, PR warriors have had to live in the shadows as mere mercenaries. They were mere hired guns for fast-food chains, pharmaceutical companies and big-box discounters. "The pay was excellent but we lost a lot of good flacks; And for what?" we still here some of the senior practitioners say. It was just about the money.
Finally, that’s going to change. Praise be to the indomitable patriot spirit of Donald Rumsfeld, who’s now recognized the need. “We probably deserve a 'D' as a country as to how well we're doing in the battle of ideas that's taking place in the world today.”
And the PR profession has already answered the call. We are about to bring the war room… into the war room! The esprit de corps! The derring-do! The pitch letters—bursting in air!!
The new public relations plan began to take concrete shape on Friday as new construction began in the E-Ring, the Pentagon's outermost corridor, to accommodate new hires.
Ruff said today that the reorganization, spearheaded by Smith, will help the department "set the record straight" and provide accurate, timely information.
He denied that the effort was set up to respond to the eroding public support for the war, or that it was aimed at helping in (this) week's elections. He also said he would not call it an "information operations" program, which generally refers to a propaganda-type campaign.
For the record, like their brothers and sisters in Iraq, Rumsfeld’s PR Irregulars are expected to go into battle ill equipped. Sure they’ve got a website; but it will likely take forever for business cards to be printed. Not everyone will have a Treo. Some poor bastards will have to make do with Blackberries from 2003! Can’t be helped! But alas, we’ll make do. Some blighter has already stolen the 2005 Bacon’s. Another has fixed the copier with duct tape and panty hose. War always brings out the best in a man.
WISHING FOND FARWELL
So we at Strumpette wish our comrades good luck and Godspeed and... oh... I promised myself I wouldn’t cry…
We'll meet again,
Don't know where,
Don't know when,
But I know
We'll meet again
Some sunny day.
Keep smiling through
Just like you
Till the blue skies
Drive the dark clouds
THIS JUST IN: News from the Front Lines
In response to a sneak attack from the Military Times Media Group (publishers of Army Times), our brave fighters have rolled out the heavy artillery. It’s a shock and awe campaign. They’ll never know what hit them! White House Press Secretary Tony Snow lead the charge:
The White House is dismissing fresh calls for Defense Secretary Donald Rumsfeld's ouster, calling an editorial in leading newspapers for the military "a shabby piece of work."
White House spokesman Tony Snow said Saturday the president has shrugged off an editorial by the Military Times Media Group, which publishes the Army Times, Marine Times, Air Force Times and Navy Times, calling for Bush to fire Rumsfeld. Bushs feels it is merely "grandstanding," he added. The editorial says Rumsfeld has "lost credibility" with top officers.
Snow called the editorial "a caricature" and a "shabby piece of work" filled with inaccuracies. He said it implied the administration's made nothing but "rosy" predictions about Iraq. Snow said that isn't true, leading the president to "shrug it off."
He shrugged it off – brilliant work, troops! Mark this day in the annals of PR history! We’re back in the fight!
On Thursday, March 8, 2007 at 7:41 AM, Ronn Torossian, President and CEO of 5WPR, emphatically promised that he was going to sue us. No real reason, he was just irritated by our teasing him about getting in bed with pornographer Joe Francis. Anyway, Ronn gave his obscenity-laced word that we'd see the complaint in 72 hours. It's now late by
Kathleen Durazo about A Measly $2.8 Million Goes Missing, Lawsuit Results Fri, Jul 31, 10:58:34 AM Ray Durazo (the founder) sold the company to Dan in 1999. He was not involved in any of this. He (and I) found out about the lawsuit in the LA Times. In addition to embezzling this m [...]