-By Warner Todd Huston
Sidney Harman, the 91-year-old retired business executive and husband of California Rep. Democrat Jane Harman, purchased the flailing news magazine Newsweek yesterday. The price tag rang in at an astonishing $1.
Granted one dollar doesn’t buy what it used to, but that is quite a price for a whole business operation, isn’t it?
Still, I don’t blame Mr. Harman for not wanting to put real money toward buying a magazine that has been losing millions on a yearly basis. In fact, $1 might be an exorbitant cost as things stand right now.
Interestingly, the owner of Newsweek, the Washington Post, reused to take a bid to sell the magazine to the folks at the conservative website NewsMax.com. Apparently the NewsMax operation was too conservative for the Washington Post to accept their bid.
Also apparently, the husband of a prominent Democrat of Congress had just the right ideological bent to be allowed to bid as far as the Washington Post is concerned.
Lord knows we wouldn’t want any conservative group to own a famous national news magazine, right?
____________
“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
–Samuel Johnson
Warner Todd Huston is a Chicago based freelance writer. He has been writing opinion editorials and social criticism since early 2001 and before that he wrote articles on U.S. history for several small American magazines. His political columns are featured on many websites such as Andrew Breitbart’s BigGovernment.com, BigHollywood.com, and BigJournalism.com, as well as RightWingNews.com, CanadaFreePress.com, StoptheACLU.com, AmericanDaily.com, among many, many others. Mr. Huston is also endlessly amused that one of his articles formed the basis of an article in Germany’s Der Spiegel Magazine in 2008.
For a full bio, please CLICK HERE.
Comments are closed.