I was convinced back in 2003 that the New York Times was in an irreversible decline. It was obvious the Old Gray Lady had finally lost the trust of its center-left readership. Only the whacked-out leftists would remain loyal. And I therefore concluded that the Schultzberg family might soon sell the paper. Logically, it seemed inevitable. But it didn’t happen! What in hell was the family thinking? It has forevermore lost hundreds of millions of dollars. I simply shrug my shoulders in amazement.