Seven years ago, I wrote about the “Butterfield Effect,” which is a term used to mock clueless journalists. A former reporter for the New York Times, Fox Butterfield, became a bit of a laughingstock in the 1990s for publishing a series of articles addressing the supposed quandary of how crime rates could be falling during […]
Caution – a little language in here:
How good is it that the New York Times is looking to borrow money in a down economy with a shrinking revenue base? Apparently the Schultzberger family will take out every penny before going to the government for a newspaper bailout.
And the Tribune Company (LA Times, Orlando Sentinel, Cubs, etc.) sure didn’t last long with their little buyout. They go down in flames with $13 billion in debt and $7.6 billion in assets.
The Obama cheering section continues to get thinner and thinner in the dead stream media ranks.
Some rough language, but you shouldn’t be drinking or eating anything as you watch this one or your monitor will be messed up: