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THE GUARDIAN IS RUNNING OUT OF MONEY

By Pete Moore On June 18th, 2011

The Guardian newspaper is on its uppers:

On Thursday, Guardian News and Media (GNM) announced that The Guardian and its sister paper, The Observer, had lost £33m in cash terms last year after failing to staunch losses that ran to £34.4m the year before. Unaudited results for the year ending 31 March showed that GNM’s revenues, fell to £198m last year compared with £221m the year before […]

Andrew Miller, the chief executive of GNM’s parent company, Guardian Media Group (GMG), warned staff in a series of meetings this week that the group could run out of cash in three to five years if he does not make radical changes, which could include up to 175 redundancies.

This is such terrible, terrible news. Well, it’s terrible for someone but I’ve just popped another umbrella in my beer. To think that a prime HQ of the Leftist power elite, commies, Fabians, terror supporters and other riff-raff might be going down the gurgler is cheering me no end. Hey, maybe we’re not killing gaia fast for The Guardian to survive. If we bought more polluting cars the paper might be in a healthier state.

“What are you talking about Pete?” I hear you ask.

What I mean is that The Guardian, home of Goerge Monbiot and a chief promoter of all things enviroloony is subsidised with the profits from … Auto Trader. Oh the irony, oh the towering hypocrisy of routinely demonising the selfish destructiveness of driving a car while taking white can man’s shilling. Another great subsidy comes from the working man because The Guardian is the state’s choice of advertiser for thousands of economy-killing government jobs each week. Even so, it’s looking grim. It’s interesting to see that whilst more debt and spending is the Left wing solution when it’s someone else’s money, at The Guardian 300 jobs have gone already in what would be the act of an ideological maniac if he was spending the taxpayer’s money.

16 Responses to “THE GUARDIAN IS RUNNING OUT OF MONEY”

  1. That reminds me of how I laughed my ass off when that horrific Tory rag “Today” went out of circulation. That was a happy day for journalism.

  2. All newspapers are suffering, even that hate-filled Rightworld rag the Daily Mail.

  3. However little you might share a particular newspapers views, it’s never good to hear that one has folded. The more newspapers and the more different they are, the healthier it is for society.

  4. Looks like former Chief Executive Carolyn McCall was a disaster, splurging money left right and centre, flogging off valuable assets at bargain prices and then leaving soon after getting / taking a large bonus, despite the fact that the company lost money during her reign.

    Did she attend the Gordon Brown School of Economics I wonder?

    A useful name to remember for when the likes of Harriet Hormone call for more women in boardrooms.

  5. Julio

    Do you think that men are more intelligent than women?

  6. I’m sure that there are hundreds of millions of women more intelligent than you Peter.

  7. They always know better than me.

  8. Julio

    Why not answer the question? I assume you understand it.

  9. Peter – on average, there is little meaningful difference in the average intelligence of me and women but, at the top end, there is a discernable difference and it is based on one simple fact: men have larger cranial capacity than women. Check out who the top chess players and most accomplished scientists/mathematicians/engineers are.

  10. So the Tories should not have elected Thatcher as their leader?

  11. I did, you are just too dumb to understand my answer. I said that I’m sure that millions upon millions of women are more intelligent than you. You are male aren’t you?

  12. And you are clearly a Rightworld misogonist (look it up) moron. Jerk.

  13. But of course I knew that anyway. Dumbo!

  14. And you’re an illiterate liberal cretin. At least I know how to spell misogynist.

  15. Can men be bitchier than women. Yes, judging by the conversation between Julio and Peter. 😉

  16. Girls, Pete Moore doesn’t like uncivil talk under his posts.