One of the main liberal outlets as far as what all liberal news media follow is the New York Times. Usually if the New York Times does not investigate a big story then most often the other news outlets will not do the story as well, especially if it will affect President Obama and the democrats.
There are two major news media that is in financial trouble: one is the New York Times and the other is NBC. One might wonder why this might be, but if we examine further why this is the case, we would find the answer is they push the liberal agenda which is the same as the Obama agenda.
Michael Hirschorn thinks the New York Times might be bought out soon or will go under. He says this:
“It’s certainly plausible. Earnings reports released by the New York Times Company in October indicate that drastic measures will have to be taken over the next five months or the paper will default on some $400million in debt. With more than $1billion in debt already on the books, only $46million in cash reserves as of October, and no clear way to tap into the capital markets (the company’s debt was recently reduced to junk status), the paper’s future doesn’t look good.”
One can speculate why the New York Times is having problem, but I believe they are losing their audience due to the fact they are not reporting the news anymore. They are firing people right and left.
Another news media giant is NBC news that is having problems. Everybody knows that Comcast now owns 51% of the company that GE once owned. The following is an excerpt from a news blog concerning their financial woes:
“The NBC network ranks fourth in ratings and is cutting down on scripted shows to save money. Its operating profit fell 27 percent in the first three quarters of 2009.
“The financial crisis has been difficult for GE. In an effort to eliminate debt, GE has sold some businesses, is shopping others, and is chasing nearly $200 billion in stimulus money from worldwide governments in an effort to stabilize the company.”
This doesn’t sound good for NBC news. I like the old saying, “You reap what you sow.” NBC has been reaping bad economic times because their viewership has dropped drastically over the years due to their pandering to the left, hence, they loose viewers along with that their sponsors and then eventually profit.
Why would NBC stick their necks out for the far left in our country? Well, NBC has a vested interest in the success of the Obama administration. Obama and the liberals push global warming theory. With this push comes Cap and Trade, which is basically a tax on any type of fossil fuels to push for greener energy. In the Cap and Trade bill that was passed last December by the House (but not the Senate) there are tougher regulation on businesses and household to control CO2 content in the air, even right down to the type of light bulb you need to use in your house. Who is to gain from this? The government will benefit because they will have more control over our lives and GE because they will be making the right kind of light bulbs for citizens to buy. Obviously it goes deeper than light bulbs, but they will be producing and selling a lot of things that is in the Cap and Trade bill. This is why they have a vested interest. Who owns NBC? GE owns it, or used to. Who is better to send a message on behalf of the Obama administration? Well NBC and all of its news outlets. Who is now in financial trouble? NBC and New York Times, along with other news outlets because they push the liberal agenda.
