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News weep

Reading the headline of the post, “How much for Newsweek?,” my first thought was: “liquidate the company and pay dividends to the shareholders.” Seriously, Newsweek? Why bother? There can’t be enough lobbies in America to keep that magazine going.

I don’t know what the solution is for this. These are certainly tricky economic times for everyone. But I do have a suggestion for the Washington Post. Why don’t they put their newspaper and Newsweek on sale together – a package deal? That seems somehow more appealing. Maybe Craigslist would buy them.

Perhaps that is a better idea. I’d guess that my suggestion isn’t feasible because the liabilities from outstanding pensions makes the whole enterprise underwater. Good riddance.

(From “Roger L. Simon » How much for Newsweek?“, via Instapundit.)