NY Times Stock Tanks; Illegal Alien Pandering Continues Unabated
07/13/2008
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Shockeroo: the New York Times stock value has fallen to a new low in a decade. Its relentless adoration of illegal aliens and hateful undermining of American values are not the only reasons why its financial worth is sinking like a stone, but those aspects cannot be disregarded either.
Hours after The New York Times Co. suffered the embarrassment of a third person scaling its Eighth Avenue headquarters in recent weeks, the company got pounded by Wall Street, which sent its shares tumbling when an analyst said its stock was pricey relative to its peers.

The stock sank 7 percent, or $1.05, to $14.01 yesterday, near its lowest point in 10 years and 77 percent off its 52-week high of $24.76.

The drubbing came after Lehman Brothers analyst Craig Huber slammed the Times' shares for being too expensive, compared with Gannett and McClatchy. [NY Times Hits 10-Year Low on Downgrade, New York Post, July 10, 2008]

Following is a typical piece of open-borders glop from yesterday served up to the readers as part of the Times' daily fare: An Interpreter Speaking Up for Migrants.
During fast-paced hearings in May, 262 of the illegal immigrants pleaded guilty in one week and were sentenced to prison — most for five months — for knowingly using false Social Security cards or legal residence documents to gain jobs at the Agriprocessors kosher meat plant in nearby Postville. It was the largest criminal enforcement operation ever carried out by immigration authorities at a workplace.
The whole point of the Times article was that the illegal alien Guatemalans did not sufficiently understand what was going on in their trials and that supposedly constitutes unfair treatment. But there is no mention of the citizens who suffered identity theft when those illegal aliens ripped off their Social Security numbers. As business journalist David Lazarus recounted, having your identity stolen can create years of personal financial chaos that may never get sorted out. [Revenge can be sweet, San Francisco Chronicle, April 18, 2003]
"It can take victims years to deal with this," said Linda Foley, executive director of the Identity Theft Resource Center in San Diego. "Some victims never do recover their lives."
Illegal immigration is not a victimless crime, and neither is the identity theft that fuels illegal alien employment.
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