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In Despair, New York Times Pens Suicide Note

Judy721 Wrote: Oct 29, 2012 12:05 PM
Just ask your friend hussein obama for a bailout, yeah I'm sure he will not let his liberal rag die on the vine, after all the lies and coverups you did for him, ooops too late, there will be no help coming from that friend who likes to throw people and companies under the bus after he gets what he wants. Just give New York Times 1 term obama sucker of the year award.

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.

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

Newspapers in general are struggling still as advertisers turn more money over to digital. Unlike newspaper display ads, which are just dead print on a...