Michelle Malkin has a post that says the New York Times is nearing "junk bond" status in its credit rating. The leftwing rag is losing money and failing. Malkin foresees a "bail out plea" from the Times, and suddenly it all makes sense. Or so says Mark Steyn.
He writes at the Corner:
I get it! The mainstream media are failing financially and want to wipe out the competition, i.e. conservative talk radio and the internet. Their only hope for accomplishing that is to get Obama elected. This election is more than a political preference for them, it is about their long-term economic survival.The reason the press are going to such shameless lengths to drag Obama across the finish line is because he's their last best hope at restoring the old media environment, including a new Unfairness Doctrine for radio, and regulation of the Internet. The Obama's-already-won-give-it-up-you-GOP-losers stories are intended only to demoralize turnout. Bear in mind, that round about 5pm Eastern on Election Day, they'll be doing those stories at industrial strength, in order to clobber any Republican voters still dumb enough to think it's worth making the trip to the polls.
I don't feel sorry for the bastards. By creating a monopoly on opinion for so many years, they assured the arise of the competition that is now threatening them. But it does explain why the MSM has become so unprofessional, openly biased and Machiavellian in their reporting. They're desperate. Be sure and vote Republican and help them into their well deserved bankruptcy.
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