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MrMickeysMom

(20,453 posts)
Sat Jul 5, 2014, 09:37 AM Jul 2014

Richard Mellon Scaife - July 3, 1932 - July 4, 2014

Ideologue, philanthropist, newspaper publisher

By Gary Rotstein, Pittsburgh Post Gazette

Local newspaper publisher Richard M. Scaife, an heir to the Mellon fortune who became one of America's leading funders of conservative causes, died Friday morning. He was 82.

A shy, even reclusive, man who was both among the biggest benefactors and biggest enemies of U.S. presidents, Mr. Scaife was one of the few Western Pennsylvanians to end up on the annual Forbes list of wealthiest Americans. The magazine last year estimated the Shadyside resident's worth at $1.4 billion.

He began experiencing serious health problems in late 2012, when he was hospitalized for months with pneumonia and a collapsed lung. In a newspaper column on May 18, he disclosed that he had recently been diagnosed with untreatable cancer.

"Some who dislike me may rejoice at this news. Naturally, I can't share their enthusiasm," he noted with wry reference to how he could be a prominently polarizing figure.

Mr. Scaife may have been best known locally as owner of the Tribune-Review Publishing Co., which puts out editions in Pittsburgh and Greensburg in addition to operating other daily newspapers. He was also a prominent philanthropist for the past half-century through funding of the art museum at The Carnegie, the historic redevelopment of Station Square and numerous other institutions.

The Ligonier native's influence, however, ranged far beyond Pittsburgh, Westmoreland County and the rest of the region where he spent his life.

He donated widely not just to Republican political candidates -- Barry Goldwater's presidential run in 1964 was among the first -- but to the think tanks, research institutes and university departments whose work has been closely tied to the ascendancy of right-wing ideology since the Reagan presidency.

The public foundations and private trusts controlled by Mr. Scaife have been major backers of the Heritage Foundation, Cato Institute, American Enterprise Institute, Hoover Institute in California and the Georgetown University Center for Strategic and International Studies, among many institutions linked to the right. "He is nothing less than the financial archangel for the movement's intellectual underpinnings," the Wall Street Journal once said of Mr. Scaife.



Read more: http://www.post-gazette.com/news/obituaries/2014/07/04/Tribune-Review-publisher-Scaife-dies/stories/201407040150#ixzz36bDYPPar


I, for one, won't "rejoice" Scaife' departure, as I would cluck my tongue at his the waste of opportunity to learn something in life. And, this is what makes me shake my head... Old money passes on … So much opportunity to learn. But, you would have thought after attending Deerfield Academy in Massachusetts, then flunking out of a private university like Yale after being disciplined for out of control partying, perhaps you would learned something when you returned home to get a degree of Pitt (degree, British history!) Hey, at least it's history.

Instead, Scaife took control of the foundation's money, and became one of the earliest seeds in starting "think tanks" to move against everything liberal. Look at what Scaife did in particular the Clinton's during their 8 years in Washington. I see examples of what passes as the Tribune Media "conservative news, and balanced views". That ridiculous nonsense feeds all the misguided fools in this part of the state.

Then, surprise… all is forgiven by the Clinton's, because….Scaife became a 6 figure contributor to the William J Clinton Foundation.

Yes, good-bye, Richard Mellon Scaife. Falling off of a horse at the age of nine must have influenced something in your limbic brain. You probably hated your caregivers, which explains a lot. The Clintons just sucked up to you, as they had plenty of practice and probably count on that sort of person who remained uninformed to the end of his life.
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femmocrat

(28,394 posts)
1. You won't believe the Tribune-Review today.
Sat Jul 5, 2014, 09:45 AM
Jul 2014

It went overboard in dedicating the entire first section to him.

Yes, that connection to the Clintons is very unseemly, IMO. Makes me wonder about Hillary. One article said that after their meeting, he endorsed her in the democratic primary.

MrMickeysMom

(20,453 posts)
2. Yeah, that figures!
Sat Jul 5, 2014, 10:11 AM
Jul 2014

I see your and raise you another

My theory on the Clintonion backing is her ability to deliver on the only industry which lubricates the world these days, besides debt… the military!

These people are more out of touch than ever. She donated all her recent honoraria to the Clinton's own foundation. The people are in a class of their own.

Guess you know who I'm not supporting...

Divernan

(15,480 posts)
5. There is no money/political influence too dirty for HRC or Bill to solicit.
Sat Jul 5, 2014, 05:48 PM
Jul 2014

So the Clintons have accumulated enough wealth to become part of the one percent, and if their financial wealth and ongoing ambitions distort their perceptions of what it means to be Americans who have always been poor, or who find themselves falling out of middle class security, I can understand that. Can you say nouveau-riche, boys and girls? arriviste? If they can milk their political power to negotiate huge fees for brief speeches/appearances? Well, that's what sports and entertainment celebrities do as well.

What is extremely alarming - in fact, beyond comprehension - to me, is that they would turn to Scaife for support, given the history among the 3 of them and remembering the always present quid pro quo which comes with major support to political figures. Because then there is no one whom, regardless of how much damage said person/corporation may have caused, the Clintons will not welcome into their circle of influence.

Let's also keep the facts straight - HRC and Bill sold out to Scaife at different times for different reasons:

In 2008, Hillary Clinton and Dick Scaife stunned political partisans when they met for a lengthy editorial board interview in the Pittsburgh Trib's office. They got along famously, and he endorsed her in Pennsylvania's Democratic presidential primary.

He met privately with Bill Clinton a year earlier, in an unrelated encounter at Clinton's New York offices, and later donated to the Clinton Global Initiative foundation. After a second meeting, he told friends that he enjoyed the former president and admired his intellect, even if they disagreed on some issues.


The question asked of Senator Joe McCarthy (namesake for McCarthyism for the younger readers) at the Army-McCarthy hearings was: "Have you no sense of decency, sir, at long last? Have you left no sense of decency?"

My question to those supporting HRC for 2016, is: If she will seek out support from Scaife, is there anyone, at long last, who is so politically indecent as to be unacceptable to her? To all those who excoriate Scaife on his passing, I say, remember that the friend (HRC) of your enemy (Scaife) is your enemy as well.

And Scaife took to his grave the answer to the question: What did HRC promise you in exchange for the support of your chain of conservative newspapers in 2008?

MrMickeysMom

(20,453 posts)
6. Memory engaged on my end...
Sat Jul 5, 2014, 06:13 PM
Jul 2014

I'm still looking for someone who has a sense of decency about how to get to the White House. For now, I choose to subscribe to the Pittsburgh Post Gazette over any Scaife "Tribune Media".

PADemD

(4,482 posts)
7. Scaife and Hillary were both supporters of Barry Goldwater in 1964.
Sat Jul 5, 2014, 10:10 PM
Jul 2014

She was a high-school Young Republican and "Goldwater Girl" in 1964 but swung to supporting Democrat Eugene McCarthy’s campaign in 1968 and George McGovern’s in 1972.

http://www.factcheck.org/2008/03/hillary-worked-for-goldwater/

MrMickeysMom

(20,453 posts)
8. Yes, I remember reading that.
Sat Jul 5, 2014, 11:57 PM
Jul 2014

If you ask me, I think she should have smoked more pot during the McCarthy campaign.

I'm gonna be in such trouble for saying that.

JPZenger

(6,819 posts)
9. Will his paper survive without his financial subsidies?
Sun Jul 6, 2014, 04:34 PM
Jul 2014

I wonder if his descendents will be willing to continue to subsidize the paper?

MrMickeysMom

(20,453 posts)
10. Who knows?
Sun Jul 6, 2014, 05:41 PM
Jul 2014

The Tribune-Review reported Scaife is survived by a daughter, Jennie K. Scaife, a son, David N. Scaife, a daughter-in-law, Sara Scaife; and two grandchildren.

Hopefully they are better grounded in reality than he ever was. "From shirtsleeves to shirtsleeves in three generations…"

Divernan

(15,480 posts)
11. He set up a trust fund to make sure that those papers continue.
Mon Jul 7, 2014, 10:19 AM
Jul 2014

I read that in a Trib-Review article - not sure that "trust fund" was the term they used - but it stated he had made financial arrangements to make sure the papers survived as his legacy.

JPZenger

(6,819 posts)
12. As of 2007, Tribune was losing $20 to $30 million a year, according to divorce papers
Mon Jul 7, 2014, 05:28 PM
Jul 2014

"Mrs. Scaife, 60, contends that the Pittsburgh Tribune-Review, one of a half-dozen local Tribune-Review Publishing newspapers owned by Mr. Scaife, 75, should be considered a hobby or personal cause rather than a business investment because the paper has lost $20 million to $30 million annually since it began publishing in 1992."

2007 newspaper article. The losses probably got worse since 2007, because most newspapers lost much of their advertising during recent years.

http://www.post-gazette.com/frontpage/2007/09/23/Scaife-demands-documents-from-Post-Gazette/stories/200709230168#ixzz36ovLzI8j

Divernan

(15,480 posts)
13. He could easily afford it & the Trib has overtaken the Post-Gazette in circulation.
Mon Jul 7, 2014, 09:00 PM
Jul 2014

In the article Scaife wrote, announcing his fatal illness, he stated:

That is why, several years ago, I took steps to ensure that my newspapers outlive me. I believe they are essential to our communities and will be my most valuable legacy.


Read more: http://triblive.com/news/adminpage/6132589-74/newspapers-lives-media#ixzz36pgPRIH6

Forbes estimated his net worth at $1.5 billion.
http://www.forbes.com/sites/kerryadolan/2014/07/04/conservative-billionaire-publisher-richard-mellon-scaife-dies/

The uber-wealthy have access to very high return investments which are not open to us peons. I'm talking 30+ percent per annum. So by dedicating the income stream from around $150 to $200 million, Scaife could guarantee such high annual subsidies for his chain of papers. Reading all the quotes from him about his newspapers and what they meant to him, I think these papers were like his third child. And he has gotten some value for his money, according to this recent report on circulation.

(Headline)
Trib circulation pulls away from Post-Gazette's
May 17, 2014, 12:01 a.m.

The Tribune-Review widened its circulation edge over the Post-Gazette with gains in its printed newspapers on Sundays. The Tribune-Review and its Trib Total Media-branded papers and electronic editions posted a Sunday circulation total of 337,484 during the six months that ended March 31, more than 45,000 ahead of the P-G, according to figures from the Alliance for Audited Media. Average weekday and Saturday circulation over the six months at the Trib also outpaced the competition.

The Arlington Heights, Ill.-based Alliance for Audited Media reported circulation figures for 610 daily newspapers in the United States. Some of the largest metro newspapers in the country continued to show circulation losses, a trend that has persisted for more than a decade despite adding branded editions to their figures.

The Trib appears to be bucking the trend.

“In the last 10 years, print circulation of daily newspapers is down by half in this country,” said media analyst Alan D. Mutter, a former newspaper executive who teaches at the Graduate School of Journalism at the University of California at Berkeley.


Read more: http://triblive.com/news/allegheny/6108284-74/trib-circulation-editions#ixzz36pj2amUa
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