The Collapse of the Left-Wing Press

There is much irony in the fact that while liberals have won power in Washington big time, the left-wing media is collapsing all over the place. In the past couple of weeks, the Seattle Post-Intelligencer, the Minneapolis Star Tribune and the mother of all liberal publications, the New York Times, all have issued SOS announcements.

The Seattle paper will cease publication in March unless a buyer is found. Even though it can’t pay its bills, the Post-Intelligencer should get into the left wing hall of fame after its publisher told the FBI to buzz off when the agency asked for media help in locating two possible terror suspects.

The Minneapolis paper, called the “Red Star” by some in Minnesota, has filed for bankruptcy after its earnings dropped more than 50% in one year. That, despite the Presidential vote and a vicious election between Senator Norm Coleman and Al Franken.

As for the New York Times, it is Twilight Zone time. The paper is already trying to use equity from its Manhattan office building to pay debts and now has borrowed $250 million from Mexican billionaire Carlos Slim Helu. And get this—the Times is paying old Carlos an astounding 14% interest rate! What, was Tony Soprano not available? Does the description “loan shark” mean anything to the ideologues running the Times? I mean, the prime lending rate in America is 3.25%, and these guys are paying Carlos Slim 14%! Wow.

On the TV front, the über-liberal, Bush-hating MSNBC network ranked #31 in total day ratings for the first two weeks of January. I think that’s right behind the “Roller Derby Channel.” General Electric, which owns NBC, has taken a sharp turn to the left in its corporate philosophy, while at the same time it watched its stock price decline from about 50 dollars a share to around $13. The fact that CEO Jeffrey Immelt still has his job ranks up there with the miracle of the US Airways water landing.

So, why is the liberal media taking a pounding when the left now controls Congress and the Oval Office? It may be because of the economy. After the recession blindsided the folks last fall, anger filled the air. Why weren’t we warned that the finance industry was awash in bad housing loans? President Bush and Senator John McCain had no answer. So the folks voted for the Democrats.

But that doesn’t mean that the American people suddenly became liberals over night. In fact, some folks became even more conservative with their spending and lifestyles. The images of left-wing media people gloating over the failure of the Bush administration did not cheer many people up. In fact, I believe it teed a lot them off.

Despite the power shift in Washington, America remains a traditional country that largely rejects big government and radical social change. The former hippies running the crazy left media will never get that. They think most Americans want gay marriage, political correctness and unfettered abortion. They think everyday folks think ponytails and pierced ears on old guys are cool.

Well, these Abbie Hoffman wannabes are sadly out of touch… and, soon, may be out of work.