But aren't they widening the gap between rich and poor? Times to close Boston Globe?

Times co. threatens to shut down Globe

The New York Times Co. has threatened to shut the Boston Globe unless the newspaper's unions swiftly agree to $20 million in concessions, union leaders said.

Executives from the Times Co. and Globe made the demands Thursday morning in an approximately 90- minute meeting with leaders of the newspaper's 13 unions, union officials said. The possible concessions include pay cuts, the end of pension contributions by the company and the elimination of lifetime job guarantees now enjoyed by some veteran employees, said Daniel Totten, president of the Boston Newspaper Guild, the Globe's biggest union, which represents more than 700 editorial, advertising and business office employees.

The concessions will be negotiated individually with each of the unions, said Totten and Ralph Giallanella, secretary-treasurer of the Teamsters Local 259, which represents about 200 drivers who deliver the newspaper.

You mean that newspapers can hang tough times on the unions, but GM can't?

Well, aren't these mgrs at fault then as well?

Look, no matter what we feel about how the editorial policies have infiltrated what hard news is reported, and how, these are two great newspapers caught in a position not unlike buggy whip manufacturers in 1901.

Printed newspapers AS WE KNEW THEM are over.

The economic structure which paid line workers at GM, Ford and Chrysler nearly $100,000 a year and valued their labor at over $70/hour is over. Have the unions got that message yet? I don't like it either to tell you the truth, but it is compulsory to recognize reality.

The incredible salaries which CEO's and boards paid to themselves at 200-1000 times hourly workers weekly take are dead. Have they got that message yet? If not be prepared to get Geithnerized as the govt moves to take power because you abuse freedom with greed. Don't mistake our support for principals of the Constitution for belief in naked AVARICE.

Ideas that driving up stock prices are as beneficial in and of themselves as MAKING THINGS FOR A PROFIT SHOULD BE DEAD, but I don't believe that message has penetrated, and lies perhaps as the great unutterable scare fact many are avoiding.INCLUDING BY OBAMA, and even Warren Buffett.

Efforts to sustain the policies which lead to the disasters EXPOSED by the credit-mortgage-margarita blender securities default fiasco will cause another deeper crash as confidence is crushed for a generation.

I hope the printers union and the Times and Globe Board understand what needs to be done to create something NEW which can live, NOT prolong what must die.