Posted on 11/07/2008 11:51:36 PM PST by purplelobster
If you're thinking about retiring from your job at The New York Times Co., you should probably do it soon. Tucked inside its latest 10-Q are the Times Co.'s plans to shave tens of millions of dollars from its budget by hacking away at pension and medical benefits for non-union employees. Those who retire on or after March 1, 2009, will no longer receive medical coverage after they turn 65, when they become eligible for Medicare. The Times Co. also said it has decreased the formula for pension benefits. The changes, adopted Oct. 22, will yield estimated savings of $24 million in 2009.
(Excerpt) Read more at biz.yahoo.com ...
But, but , but, what does Obama think?
In journalism, your most valuable employee is the one you fired last week.
Hypocrisy Personified:
On the editorial pages, the NY Times is now endlessly banging the drum for income redistribution.
At the same time that the elite Times management is gorging themselves, the little people at the Times are being royally screwed.
Yeah, I don’t think that Paul Krugman will be writing any columns excoriating Times management for pulling the rug out from the under the loyal, longtime low-level employees as he’s too busy ingratiating himself with Pinch.
Hilarious!
I wish that paper would hurry up and die.
It has done enough damage to my country, thank you.
“Die, Wesley Crusher! Die!” :o)
“I love the smell of napalm in the morning”
Correct!
NY Slimes editorialist Krugman is Weasel One when it comes to demanding you hand over your wallet to the Chicago Machine, while ignoring the total economic rape of the little people at the paper.
Don’t worry about it, honey. On January 21st zerO will personally sign and send these people a check.
What check? They want pie.
I wouldn’t be surprised if Maureen Dowd had an annual 150K clothing budget.
I wouldn’t be surprised if Maureen Dowd had an annual 150K botox budget.
Medical benefits the non-elite don’t get. Krugman’s good for $200K annual in hemmorhoid treatments.
Fat chance of the liberal mouthpiece for BHusseinO dying! After all, he holds the purse strings for bailing out the auto industry and the states, so what's to keep him from adding all the media industry to his list of "necessary" industries?After all, by bailing out his favorite financially distressed media outlets, he'd have even more intensely partisan propaganda microphones than he had during the last two years!
We've been too long getting to the revolution we need, but it's not too late. Our battlecry should be the time-honored one of "Let right be done!"
Regards . . . Penny
“But, but , but, what does Obama think?”
Obama wants everyone on Social Security and Medicare. They’re much easier to control that way.
Sure hope they put their money into 401ks!!! Oh, whooooops! Those will be entirely gone shortly too!
It is my hope that someone out there... is planning to do a massive viral marketing effort against the NYT and select media. MSNBC will hurt themselves over time. But, the LA Times and NYT are hemorrhaging. Sell your Mutual fund or tell your financial Advisor to sell any portion of your portfolio where the NYT is part of your investment. NYT is now at junk bond status. We need to get as many cancellations across America as we can while they are hurting. Then let’s go after the LA Times. Then quit watching CBS, NBC and ABC.... it will make a difference!!!!
they can just turn over their retirement benefits to Social Security, haven’t they been following the House hearings?
Baghdad Jim McDermott and George Miller are willing to take your retirement money or 401K and toss it into the black hole which is Social Security. Then you can get it back when you are 72 and they promise you a whopping 3% return on your money (considering deflation of the dollar, you’ve just lost 7% by doing that).
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