The Bastard Press.
Even for the press actions speak louder than words.
There is a reason that both the press and Obama are sinking.
The NYT’s stock, which as recently as last spring was trading in the low $20s, tumbled down 10.75 percent to close in single-digit territory, at $9.55. The company’s debt was downgraded to “below investment grade” — or “junk” status — by Standard & Poor’s.
We sure traded down with Obama:
I had the great opportunity to see the Dalai Lama speak at MIT this afternoon. When he opened the forum to audience Q&A, the following stunning exchange occurred (I will paraphrase):
Audience member: “Can you give us an example of a leader we should look up to as a positive influence?”
Dalai Lama (after thinking for a few seconds): “President Bush. I met him personally and liked him very much. He was honest and straightforward, and that is very important. I may not have agreed with all his policies, but I thought he was very honest and a very good leader.”
All this in Cambridge . . .
H/T Jay Nordlinger at The Corner.
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