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The New York Times Gets Life Support

cher15 Wrote: Nov 11, 2012 8:47 AM
Tell Hubby if he stops his insanity, every Christmas Santa will bring him the paperback version of the crosswords....maybe they put one out monthly, I do know there is a paperback version out there. I am sure the Times makes $$$ on the crossword books as well, but at least it will not be encouraging that lying, liberal, editorial behavior that is so beneficial to our blood pressure..

The common stock of the New York Times (NYSE: NYT) plunged from $10.87 last week to a close of $8.19 on Friday after the liberal mouthpiece announced that its 3rd quarter net income dropped 85 percent.

While analysts are blaming soft advertising revenues, I think something more ominous is happening at America’s national, bleeding-heart newspaper.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday with a crop of Email and Hate Mail)

For sure, advertising revenues are dropping nationally as economic conditions have deteriorated over the last two quarters.

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