Monday, August 2, 2010
You Can Buy A Copy of Newsweek for $6 but You Can Have the Whole Operation for $1
Yes, that's right. You missed a chance to buy a once great magazine for pocket change. But it's really not that great a deal since, apparently, the condition for selling for less than what the rolling stock is worth is a pledge to retain most of the present staff and the money losing editorial policy. There is a good story about all of the specifics at Hot Air.com.
So who would be dumb enough to take on this automatic money loser with a promise to keep the staff and the editorial policy that has caused it to lose tens of millions of dollars? The poor fool is the husband of doctrinaire lib congresswoman Jane Harman. Like the typical Democrat fat cat this guy seems to have more money than sense. So, for the foreseeable future it will remain the ObamaWeek Dem Party Line Rag.
Here are a couple of reader's comments from the Hot Air story that entertained me.
Who says you can’t buy a lot of crap for $1 anymore.
trs on August 2, 2010 at 4:18 PM
You get what you pay for.
tommer74 on August 2, 2010 at 4:23 PM