The Sad, Sad Truth, The Dirty Lowdown…..

Poor old Bill Keller. He knows that the end, as in The End Times, is nigh. Check out this, I think optimistic, assessment of The Times’ financial situation by Henry Blodget over at Silicon Alley Insider’s The Business Insider. It’s not a pretty picture. In fact, the situation may well be much worse, as some have written, because, given the overall market collapse, and The Times’ dire straits, the lender who extended the initial $400 million revolving credit line (of which $180 million remains theoretically available) in a much palmier era for both The Times and the markets, may no longer wish to throw its money onto The Times’ bonfire of vanity. If that $180 million is no longer available to The Times, they will burn through all of their remaining cash by the end of this quarter, which will land them in bankruptcy in just a few months.

Thus we have The Keening Keller, by turns lamenting the sad fate of “quality journalism”, unappreciated by the despised, unsavory, untutored, and unappreciative masses of paying readers, and touting The Times’ haul of five, count ‘em, five Pulitzer Prizes, delivered with their curious latter day onanistic cast by The Club to The Club, kind of a fizzle and not meaning much of anything anymore.

But, no matter, Keller will continue to keen non-stop from now on. He and The Times will not go quiet into that goodnight. In fact there is a method and a reason for all the racket. A racket even. Pinch and his merry band don’t want to land in bankruptcy court — because Pinch et al will be tossed out on their collective derrières if they go that route. Heaven forfend!

They have another plan….. Under the Pinch regime, The Times has become a propaganda rag (think Pravda). As a disseminator of propaganda for the Obama crew, The Times should be supported by the government so that it can continue its educative work and quality journalism for the greater good…… You get the picture. When we come to it, there will be some pretty frou-frou and lots of lipstick decorating this pig, but be assured it will still oink. Citizens, grab your wallets, and hold on tight!