 
The End of Times?
The New York Times is most definitely a committed left-wing concern that is openly contemptuous of the conservative, traditional point-of-view. That is the primary reason the paper may soon dissolve.
The nation's largest left-wing newspaper and the bible for network news producers and bookers may be going under. This week, the New York Times announced more staggering losses: nearly $75 million dollars in the first quarter alone. The New York Post is reporting the Times Company owes more than one billion dollars and has just $34 million in the bank. A few months ago, the company actually borrowed $225 million from a Mexican billionaire, Carlos Slim, at a reported 14% interest. With things going south fast, pardon the pun, Mr. Slim might want to put in a call to Times publisher Arthur Sulzberger, Jr.
The spin from Sulzberger is that the Internet is strangling the newspaper industry, and there is some truth to that. Why read an ideologically crazed paper when you can acquire a variety of information on your PC? But other papers are not suffering nearly as much as the Times, so there must be more to this.
Continue reading the full column...

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