Financial Armageddon

The housing market?


The liberal media:

Weekday circulation at U.S. daily newspapers fell 2.1 percent in the six-month period ended in March . . . . Sunday circulation dropped 3.1 percent.

Go figure.

Furthermore here’s a recent story which for obvious reasons didn’t receive too much coverage by the “Fourth Estate:”

Shares of New York Times [Co.] have fallen 48 percent in three years. Net income fell 3 percent in 2004 and 13 percent in 2005, and the company posted a $543 million loss in 2006 after writing down the value of its New England publications. In the first quarter of 2007, profit dropped 32 percent.


On the bright side, however, when the dazed and confused malcontents who write for that pile of garbage inevitably are fired — en masse — it should not take them too much time to obtain replacement jobs.

There’s always high demand for carnival clowns.

Rosie's Outrageous Insult to U.S. Troops
From the Front