tag:blogger.com,1999:blog-6427940.post850678770941133761..comments2023-12-05T07:50:19.855-05:00Comments on No Oil for Pacifists: Leftist Media Bias of the Day@nooil4pacifistshttp://www.blogger.com/profile/16688417615117569825noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6427940.post-81750422696403404702009-05-23T09:48:45.626-04:002009-05-23T09:48:45.626-04:00> No wonder the New York Times Company corporat...> No wonder the New York Times Company corporate bonds have become junk.<br /><br />What's really absurd is that this need not have ANY effect on the NYT, its editorial behavior, or on the corporation.<br /><br />All OTC for the NYT, as I understand it, is <I>non-voting</I> stock -- one of Dogbert's Dream Investment Scenarios -- Translated as "Here -- take my money and do whatever you like with it... Oh, please? Take it... I really, really want you to have it. C'mon, take my money, will you?"<br /><br />Which means that the people who get screwed by the stock tanking aren't Pinch Sulzberger and crew, <I>it's the idiots who took the above rather imbecilic investment proposition</I>.<br /><br />That isn't necessarily a bad thing -- anyone who had money in the NYT given all the other things it was doing pretty much had to be a lefty supporter, which means that that's one large chunk of monies in the hands of someone other than leftist idiots. God doesn't put out even a catastrophe where someone doesn't benefit.OBloodyHellhttps://www.blogger.com/profile/09992539380115488567noreply@blogger.com