Is TNA Imploding?

Looking at some of the headlines lately, one has to wonder if TNA is its own worst enemy:

They sign Jeff Hardy knowing that he has been indicted on drug charges. They sign Rob Van Dam, an admitted marijuana user. I'm not sure how these individuals will factor into any type of drug testing TNA may use.

Ric Flair is having serious financial problems including losing his NWA world title belt after pledging it as collateral to two different entities. His wife was arrested for domestic violence against him in February, and Ring of Honor is suing him for the return of $40,000 which represent monies paid in advance of appearances by Ric at there shows. Ric never made the appearances.

The loss of the six-sided ring, not promoting the X-Division and some of the real gems of the show. While I thought the ring was stupid, it is what made iMPACT! unique along with the X-Division. TNA should have being showing what is unique about them, not trying to be the WWE of the South. Losing Awesome Kong, Christopher Daniels, and Melissa Anderson doesn't help either. Misusing AJ Styles is a huge understatement.

Allowing Hulk Hogan to hire his old conies. I don't think The Nasty Boys or Bubba the Love Sponge had anything to offer and it gave less air time to the talent that deserved it. They have finally gotten rid of both, but BTLS has created quite controversy.

Constantly mentioning the WWE. It began with the Voodoo Kin Mafia (VKM-Vince McMahon's initials). The Voodoo Kin Mafia appeared in front of WWE headquarters in Stamford (which was a cheap imitation of DX invading WCW during the Monday Night Wars) and called out Triple H and Shawn Michaels but had to refer to them by their real names after being put on notice by WWE legal. Currently Hulk Hogan and Ric Flair have had matches involving potentially losing their WWE Hall of Fame rings. TNA never hesitates to refer to "that other company" or "the company up North" as though no one knows who thay are talking about. You will never hear TNA or references to it mentioned on WWE programming.

Hiring every WWE cast-off. Just because they are available doesn't mean they should work for you. Has anyone in TNA questioned what Rob Terry is on?

Hulk Hogan stated that when Dixie Carter approached him about coming to TNA, he told her he wanted "Vince McMahon" control. Now he says that he can't handle it. Let's see, he can't handle the corporate side and he has no business in the ring. So why is he there?

Bad press, bad ratings, reported low morale, top stars leaving. It seems that TNA should be taking care of home instead of trying to copy WWE.