New York Times loses $40million in 2011

New York Times loses $40million in 2011. “The company’s loss was blamed on the terminal decline in print advertising.” Not to mention the terminal decline in the quality of their “product”. Maybe Obama can give them a subsidy to make solar panels – they already seem to have the necessary skills (i.e. the ability to blow enormous amounts of money quickly.)

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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I HATE THE MEDIA ™
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