Despite the political success moonbattery has enjoyed recently, it
isn't thriving on the marketplace. The New York Times — the top dog of
leftwing journalism, from which the alphabet networks take their
marching orders — continues its decline:
The New York Times Company plans to borrow up to $225 million
against its mid-Manhattan headquarters building, to ease a potential
cash flow squeeze as the company grapples with tighter credit and
shrinking profits. …
Standard & Poor’s recently lowered its credit rating on the Times
Company below investment grade, and Moody’s Investors Service has said
it was considering a similar move. Times Company stock, which has lost
more than half its value this year, closed on Friday at $7.64, down 30
cents.
Maybe it wasn't such a hot idea for the Gray Lady to build this
massive moonbat temple as revenues were declining. But then, if the
Times showed sound reasoning, it would print news instead of leftist
propaganda, and wouldn't be losing its advertisers.
http://www.moonbattery.com/
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