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The New York Times Gets Life Support

yachtsman388 Wrote: Nov 11, 2012 11:37 PM
"....Neo-Con Republican shills often repeat the phrase, "America is in the fight of our lives...America is at a cross roads and the stakes are high, maybe even our lives are at stake." These are the same people who looked at all the data, the evidence and concluded that Romney would win in a landslide.
Mountain Rose Wrote: Nov 11, 2012 11:55 PM
Sadly, America took the left fork and we are all headed over the fiscal cliff

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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