about this blog
- Elizabeth MacDonald is the stocks editor for Fox Business Network. She is recognized as one of the top prize-winning business journalists in the country, and has received 14 awards, including the top prize in business journalism, the Gerald Loeb Award for Distinguished Business Journalism, and the Newswomen's Club of New York Front Page Award for Excellence in Investigative Journalism.
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Sharon
Am I the only one that has a problem with #2? Since when is a newspaper supposed to be anyone's moral compass? That isn't journalism.
Ed
The NY Times should have had their offices raided by the FBI, and the Editor hauled off to prison after they started printing leaked nad stolen classified info on the front pages.
Glen
Quoted... “One, inform the world; two, act as the moral barometer of the nation; three, turn a profit. All three of which are vital legs in the New York Times’ stool." Number two is the problem... by appointing themselves to be the moral barometer, many people have stopped reading their publication. I, for one, want the news reported without comment, thought or opinion. The employees of The Times are just news reporters. They do not have experience or degrees that validate any comment they make on the economy, politics or human nature. If they want to comment on these issues, they need to sell books like everyon else and not include it in the news that they should be publishing.
Roy
Everything in this article except the profit plunge is complete bunk. The NYT demise is due to one thing and one thing only. Their extreme liberal ideology, period. Their first two functions, inform the world and be a moral barometer is hogwash but even if it was true, they have failed completely and utterly in both. That my dear Elizabeth, determines the third, profit. Good riddance to the NYT.
Orlando Castro
The Times is the "Canary in the mine shaft". Most educated American citizens are politically in the middle and just slightly to the right. The "news" media is daily becoming left and do not care what or how the public reacts. We are not reading articles that teach us how to make an educated decision anymore. We read articles that tell us what decision we should be making. However because we are educated, and hopefully rational and independent, we are not falling for the left wing control of what used to be "the free press".
James Price
I love these comments!
Herbert Galloway
The New York Times going under-- HOW SWEET IT IS!!
Al
Yeah baby! I like it like that...
Steve Long
What I find remarkably interesting is that the NYT themselves has admitted their own bias in the past. Their "highlight" op-ed writers such as Maureen Dowd continue with their obstreporous and highly inaccurate tripe. Ah well, with all the liberal keesters they have kissed over the years, I am sure that ALGORE will take care of them all.
Javier
The New York Times fate will be the same as liberal talk shows, not demand for them.
Mike Lockhart
I would humbly suggest that the NYT's problems stem from its attempts to be the moral barometer of the nation. Its perspective, from the far left side of the political spectrum, has led to its own lack of any moral compass, its failure to impartially inform the nation and its inability to make a profit. I hope to raise a glass of champers to its ultimate downfall.
Mike
It would be great to see that piece of trash called the NY Times out of business once and for all. Anyway, who wants to read a paper who hires plagiarists? What kind of news is that?
Jack
"This is Great! Maybe they can all go to work for Hillary or Obama." I thought they already were. LOL!
Joe De
I've been looking for used NY times papers, I refuse to purchase one....What I need to know is, who are the advertizers, so I know where not to shop an what not to purchase.....Who ever ownes the Times, should fire all top management and the entire editorial staff, otherwise, tun out the lights and layoff everybody and write off your losses on your next tax forms.....
Pamela
long lives the trees
Woodside Gil
Ah....music to my ears. I hope that this is just the beginning of the end for the most biased, one-sided, liberal piece of garbage out there. The only place it has any value is back up in the bathroom in case one runs out of TP. I hope they fold and every one of their employees is out of a job and goes on welfare, a support system that they have championed for years.
John Steitz
When you lose your integrity you lose just about everything. The NYT has lost nearly every shred of integrity they ever had.
Annette
The demise of the Times is a long time coming and way overdue. For too long this voice of all that is subversive to this country has been allowed to spew it's leftist dribble to it's supposedly elitist readers. My family and friends will party when the final wooden stake is placed in it's heart.
Tony De Angelis
July 23, 2008 at 3:56 PM In recent years the NYT motto has become "All the news unfit to print."
Ron
Hurray! For the newspaper that would leak/disclose sensitive CIA info in fighting terrorism, but refrain from releasing the ending of a Harry Potter new release, I am surprised they are turning a profit at all!
Dan
Would love to see this socialst rag go under. What a blessing this would be for the U.S.A.
Ferrell Gummitt
Profits plunging at the New York Times? You don't say? I predict there will be a couple "Bill O'Reilly Talking Points" on this subject. Maybe if they hadn't their souls to the far left crowd, the profits or at least the losses would be a little better...
Manny
This is really not surprising. Back in the day everyone read the Times; it was practically required reading. In more recent years they have become more and more of a liberal propaganda forum and print retractions like our country prints money. They used to report the news and now they make the news and have turned off hundreds of thousands of readers. Three generations of my family alone stopped reading their garbage and it doesnt surprise me if many Americans both conservative and liberal want the news reported in a "fair and balanced" manner.
Jim Woodward - Oklahoma
A real bummer for this left wing rag. Maybe they will get the message that U.S. citizens are sick and tired of their left wing vapid drivel.
Mark G.
Well, to coin a phrase, the 'pulp pulpit' of the NYT evidently is having the same success as Air America and for good reason. The sheer hubris and chutspah of an editor to deny an op-ed piece to someone running for president is truly beyond the pale. Every morning I read the online editions of all the major metros. After reading the LA Times, and the NYT, I'm ready for a dose of reality, that's when I read the Middle-America papers. The notable exception being the Chicago Tribune. Some of the columnists are great, but the majority of the op-ed pieces are simply astounding in their idiocy and balance to wit; 'Repeal the Second Amendment!' Pretty amazing that such a formerly great paper would pander to a Mayor and his incredibly corrupt adminstration. I now call Chicago 'Newark on the Lake'. As a blogger myself with nearly all of the majors, it does appear that from the vast majority comments that they are so off-base in their observations and commentary, that it could hardly be called news. It's more like 'journalistic day care' and they are passing out crayons, because we can't think for ourselves. The papers who's numbers are sinking into the collective toilet might do well in reading the reader's comments about the various pieces and coverage thereof. They would then realize the Emperor really needs some clothes, because sometimes the naked truth of reader's opinions is the truth.