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April 29, 2008
New York Times Stock Now One Notch Above Junk Status
Looks like moonbattery doesn't pay:
Credit-ratings agency Standard & Poor's Ratings Services on Tuesday cut its long-term rating on newspaper publisher The New York Times Co., as its advertising revenue continues to fall.
S&P cut its corporate credit rating and senior unsecured debt rating to "BBB-" from "BBB."
"BBB-" is one notch above "junk bond" status. The ratings were removed from CreditWatch, but the outlook is negative, meaning another downgrade could occur.
No wonder liberals think their propaganda should be financed by taxpayers. The free market isn't supporting it.
On a tip from mega.
Posted by Van Helsing at April 29, 2008 8:13 PM
Comments
OT
high school in Illinois that had previously forced halal food on its students, has now banned Christmas and Easter, to avoid offending Muslims.
Parents are so pissed off that police are coming to their "meetings" with school administrators, to break it up.
But, the schools are trudging ahead with their plans.
Unbelievable. Check it out:
http://www.postchronicle.com/commentary/article_212144362.shtml
Posted by: mega at April 29, 2008 8:39 PM
Please tell me that picture is photo-shopped. Not that it would be that shocking if it were real.
Posted by: Smoke TNT at April 29, 2008 10:09 PM
Indeed, hopefully the NY Times will go the same way Air-America did. What is to be expected of a business run be socialist swines anyway?
Posted by: Ludwig Van Beethoven at April 30, 2008 1:54 AM
Well mega, if I were in the postion those parents are in, I'd be rioting too. Geesh!
Posted by: HoosierArmyMom at April 30, 2008 8:28 AM
