In response to:

The New York Times Gets Life Support

ericynot Wrote: Nov 11, 2012 2:02 PM
Steve, I've been a serious student of history since trotting off to college in 1967. I'm well-versed in both the National Socialist Party and Communism. You may disagree with much of what Obama does, as do I, but he is no Hitler or Stalin.

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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