"The Wall Street Journal is read by the people who run the country. The New York Times is read by people who think they run the country. The Washington Post is read by people who think they ought to run the country. USA Today is read by people who think they ought to run the country but don't understand the Washington Post. The Los Angeles Times is read by people who wouldn't mind running the country if they could spare the time. The Boston Globe is read by people whose parents used to run the country." -- The Nation magazine tipocap
And saps like me who purcha$e it.
'New York Times' Likely to Sell 'Boston Globe' for 1/10th Purchase Price
Bloomberg News reports that the New York Times Company, that bought the Boston Globe for $1.2 billion in 1993, is now accepting bids in the range of $100 million, or about a tenth of what it paid just twenty years ago. Complicating matters further is $110 million in pension liabilities.
--MORE--"
At lea$t I'm not alone in the sap boat.
Related: Appeals Court SLAPPing Around Bloggers
And now I see that the NSA spy system may have snagged some New Zealand reporters? Too bad the Amerikan media is an intelligence operation; otherwise, that might piss them off. But as we see with the DOJ's AP-gate, it doesn't even ruffle a feather. Congress moans and complains, then passes the spy program as is. Had enough of that fooley, too.
Also see: The dollar amounts of the bids could not immediately be learned
And we are slapping around the AmeriKan media.
C'mon, Globe!
The competing bids range from $65 million to $80 million
The price is only going down?
"Thomas Jefferson said in 1787 that if forced to choose between “a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter.” Then again, Jefferson also said that “the man who never looks into a newspaper is better informed than he who reads them.”
Smart man, that Jefferson.
So what happens when the paper is the government mouthpiece?
Time to get out of here:
"Ride-sharing is one of the business models springing out of the smartphone revolution that seem to have been made for, and by, the young, tech-savvy set who use the Web for everything from marketing their businesses to watching TV — and see a real taxi as belonging to an older generation."
Like newspapers, in particular the regional flagship.
Also see: Blue Heron Bash
That's who my paper is for, folks. Not me.
