The New York Times Co. says it has retained investment firm Goldman Sachs to help explore a sale of its stake in the company that owns the Boston Red Sox.

The New York Times is in perilous times as circulation and ad revenue drops. They have reported earnings 48 percent less in the fourth quarter because of lower advertising revenue due to a weak economy.

Interests in the company that holds 17.8 percent stake in New England Sports Ventures, which owns the Boston baseball team as well as Fenway Park, a portion of a cable sports network and other properties is on the block. The Times has retained investment firm Goldman Sachs to help explore liquidation of its stake in the company that owns the Boston Red Sox.

Rush Limbaugh is calling Obama’s economic stimulus plan "a trillion-dollar debacle." To this, Obama says: "You can't just listen to Rush Limbaugh and get things done."

Rush then emiled this reply: "I believe his stimulus is aimed at re-establishing 'eternal' power for the Democrat Party rather than stimulating the economy, because anyone with a brain knows this is NOT how you stimulate the economy.

"Obama’s plan would buy votes for the Democrat Party, in the same way FDR’s New Deal established majority power for 50 years of Democrat rule, and it would simultaneously damage any hope of future tax cuts."

The Rush vs. Obama feud over sound economic policy continues to engage those who champion the economic principles of economist John Maynard Keynes or the economic principles of Ludwig von Misus.

In past implimentation, Keynes economic polices have proven fatal. The Ludvig von Mises Institue writes: "People who call themselves free marketers such as Bush, Paulson, Greenspan, and Bernanke are the primary threat capitalism faces. These false prophets of capitalism are the greatest friends that proponents of socialism have."

Layoffs are rampant and there's no relief in sight. Tens of thousands of fresh layoffs were announced earlier this week and more American companies are expected to cut payrolls. Thirty-nine percent of NABE's forecasters predicted job reductions through attrition or "significant" layoffs over the next six months. This figure is up from 32 percent in the previous survey in October.

For more than a year, the United States has been crippled by a sharp recession that was triggered by a housing market downturn. Last summer, financial institutions with exposures to securities backed by bad mortgages due to a complete breakdown in lending pracitces championed by liberal politicians began to unravel and buckle.

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