Showing posts with label desperation. Show all posts
    Showing posts with label desperation. Show all posts

    Monday, December 22, 2008

    2008 - A Year Of Stupidity - 9 Days Left

    Desperation breeds stupidity, and that's what the world saw in the New York Times article blaming the Housing and Financial Crisis on President Bush. A once huge and respected newspaper - desperate to increase sales - resorts to tabloid-style sensationalism lies and distortions in a vain attempt to jump sales.

    Even sadder are all the other liberal newsprint that jumped to stick this same junk into their papers. I don't think it worked - if anything, it backfired. I suppose the Liberals need some sort of distraction from the reality of the Chicago mob-infested corrupt politics that produced Barack Obama.

    It shows the desperate measures of Liberal print - going down the toilet like Air America. Half truths or outright lies - people are tired of all their puke.

    The NY Times is struggling. Even back in 2005 they terminated 500 of their staff (4%) as well as hundreds more since then. The Boston Globe, owned by the NY Times, is going down the same toilet. Last year they closed all of their foreign overseas operations.

    This month the NY Times retained Cushman & Wakefield to mortgage off their prize New York Times Building in Midtown Manhattan (they own 58%).

    The pais de resistance of this Liberal rag? Standard & Poor's recently lowered its credit rating on The Times Company below investment grade. For those not familiar with financial terms, The Times Company is now rated as JUNK BOND status - just like their articles.