Can You Say Goodbye Pinch? I Knew That You Could...

I hate to to see any American institution crumble into a useless heap of scrap and waste, unless of coarse it's the treasonous left wing ragsheet known as the New York Times. Goodbye and let this be lesson to all purveyors of left wing socialist propaganda passed off as news. Your all dead meat.

This is what Sulzberger and the faltering crumbling empire his father bequeathed to him is headed for now. A once proud and great empire known as the paper of record that he's ridiculously pissed away running it straight into the ground by catering to strictly liberals and socialist ideologues at the expense of America's safety and unity.

This is what they're now reduced to in order to borrow money to pay down debt, the equivalent of seeing a local loan shark for businesses and their failing ownership who are basically worthless junk, as the floundering Times now is rated in the bond market.

Earlier this week, the Times Co. reached a deal under which Mexican billionaire Carlos Slim will lend the beleaguered company $250 million at an astonishing 14 percent interest rate.

Having to borrow money from a Mexican, Marxist, Billionaire crook. A man who's the world's richest crook at the moment and getting richer,( meanwhile his home of Mexico get's poorer) at rates reserved for illegal aliens and bankrupt Americans in order to pay the electric bills and payroll. And here's the man responsible for ruining the company and the lives of it's mostly innocent employees who have no say in the ideological direction of which the paper has taken under this loser's direction.:

NY TIMES DEBT JUNKED BY MOODY'S -

New York Post: "The New York Times Co.'s efforts to complete the sale of its Midtown headquarters took on greater urgency yesterday after Moody's Investors Service joined Standard & Poor's in downgrading the troubled newspaper company's debt to 'junk' status.

Moody's move is expected to sharply impact the Times Co.'s ability to raise debt, as companies with junk ratings often find it prohibitively expensive to borrow capital through traditional channels.

The rating agency cut the Times Co.'s rating to Ba3 from Baa3, saying that crumbling advertising revenue will continue to put 'significant downward pressure' on the company's cash flow." continued

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