-By Warner Todd Huston
You may recall the big publishing story of 2010 when stereo equipment magnate Sidney Harman bought financially troubled Newsweek Magazine for $1 in the hopes of revitalizing the venerable old publication into the “thought leader” it once was. Now, since Mr. Harman’s death, his family seems poised to bail on the old man’s publishing charity case and the left-leaning Daily Beast website it is coupled with.
Since Sydney Harman bought Newsweek and took controlling interests in the Daily Beast, neither has become a profitable venture. This has caused the Harman family to re-think their position.
Now, the Harman family has announced that it is pulling back and has stopped investing in the Newsweek Daily Beast joint venture with Barry Diller’s InterActiveCorp (IAC).
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Big Investor Bailing From Support of Newsweek Daily Beast”
The message from the Old Media to Romney backers is that anyone daring to oppose Barack Obama better be prepared for the full weight of the Obama-friendly press to come down upon you. This is what small businessman Jack Gilchrist discovered after appearing in a Mitt Romney for President TV ad.
National Public Radio’s Nina Totenberg appeared on the July 20 episode of PBS’s Inside Washington when the discussion turned back to Obama’s attack on American businesses and those successful enough to become a target of the his ire. But Totenberg wasn’t going for any blame being assigned to Obama. To her the problem isn’t Obama’s attack on the business sector, but that bankers and businessmen who are “super-crooked.”
BBC Chief Mark Thompson admitted openly that his network “got it wrong” in its initial dearth of coverage of the mass murder in the West Bank of a Jewish family, killed by Palestinians.
This may sound like a contradiction, but tax-supported National Public Radio is hiring more lobbyists to help get more tax dollars sent its way.
In a July 21 
Execs at MSNBC recently attempted to refute Sean Hannity’s claim that their host Rev. Al Sharpton “rushed to judgment” in the case of George Zimmerman who was arrested in April for the shooting of Florida teen Trayvon Martin.
Strangely enough it took four to five long days for CNN and the big three networks to notice that Obama told his audience at a Virginia campaign rally that business owners and other successful Americans aren’t responsible for their own success. Worse, it took advisors for Mitt Romney to comment before these news organizations deigned to report on the incident.
Jumping on the gun-ban band wagon and to take political advantage of the murders in Colorado, film critic Roger Ebert immediately ran to his keyboard to decry our “insane” gun laws in an 
TNT Cable network chose to ridicule motherhood, motherhood activism, marriage, and large families all at once on its latest episode of the cop-dramaedy series 
Well, here’s a shocker. Soledad O’Brien’s gay-supporting panel on her CNN morning show, Starting Point, all agreed that gay advocates should attack the Boy Scouts of America for its recently renewed decision to exclude gay men from serving as scout leaders.
Remember when the Old Media assured us that Reagan was stupid, when they told us how dumb George W. Bush was, and how dumb McCain was? Remember how they were all too stupid to know what they were talking about? Not like Obama, right? Why he’s the smartest guy in the room… any room. Why he even knows that “paralegals” are on hand to help those who might faint at one of his campaign appearances. Well, that is what he said.
The awful crime in Colorado was only hours old when Brian Ross, a so-called “journalist” from ABC News, immediately began to politicize the shooting attempting to blame the crime on the Tea Party, conservatives, Republicans, and anyone from the right side of the political aisle with whom he disagrees quite despite the fact that he really had no information that might point to his political enemies.
The Associated Press does it again, falsely reporting something that might tend to make Mitt Romney look bad. This time, with a headline that screams, “Perry calls on Mitt Romney to release tax returns,” the AP garbles the story of Texas Governor Rick Perry’s comments about Romney’s tax returns. Contrary to the AP, Perry made no such call on Romney, however.
For months the Chicago Tribune has been suffering the slings and arrows of local critics for having hired a web-based company called 
It’s another case of newspaper columnists claiming someone they’ve never listened to in their lives is talking trash against them. This time it is Paul Farhi for the Washington Post who on July 17 claimed that Rush Limbaugh said that the super villain in the new Batman movie is a “liberal attack on Romney.”
Left-wingers are hailing HBO’s new series The Newsroom happily proclaiming it as The West Wing for the 2010s. Like The West Wing, this new show is penned by liberal activist and TV producer Aaron Sorkin. But, wait. Who is writing it? According to Sorkin’s writing team, it seems as though the George Soros-funded, extremist website Think Progress is doing the heavy lifting for team Sorkin.
Once again The New York Times lends its “paper of record” as a vehicle for Obama’s reelection campaign by leaving out important parts of a story, parts that mitigate in favor of GOP candidate Mitt Romney. 
The New York Times is 
Reuters has apparently singed up on Obama’s communication team if its 
Now that Congress passed and the President signed the 
This week ABC’s morning show, Good Morning America, had it’s best Monday morning ratings in the 25-54 demo since 2006. Significantly, this same Monday was the official debut morning of Savannah Guthrie as the official new co-host of NBC’s Today, 
Now we have to ask, who is using the race card in this presidential campaign again? Is it Republicans? Is it Governor Romney? Nope. You got it, it’s the left as we see again with the efforts of a former operative of Soros-funded Media Matters and some of his Old Media pals who have created a video saying that Mitt Romney is too white to appeal to black voters. So much for that new tone, eh?
The journalist Buzzfeed assigned to cover Barack Obama for this campaign season, Michael Hastings, recently took to his Twitter account to claim that “neocons” are gay. I guess accusing people of being homosexual is what passes for serious journalism these days.