Arrivederci Newsweek!

I subscribed to Newsweek magazine for decades. Yeah it had liberal columnists but it had some conservative ones too and the news features often had interesting pieces. When Jon Meacham became editor it became a Left-wing opinion journal which interested me not one iota, so I canceled my subscription with an explanatory note explaining why. I read later that they had expected a substantial loss of readers and were okay with it because of all the new lefties they would undoubtedly pick up. Well, it didn't exactly work out that way.

Newsweek has just been sold for $1, which is $3.95 less than the newsstand price for a single copy, plus assumption of liabilities, which are many.  The buyer is Sidney Harman of audio speaker fame. He is a stalwart of the Democratic party and has no clear direction for turning the magazine around. I mean, why spoil a good thing?  At least the Left can go on patting each other on the back and telling each other how swell they are, as long as Mr. Harman is willing to subsidize their lovefest. They (not we) may all be socialists now, but the fate of this once proud magazine is a warning what happens when the lefties try to run a business enterprise. Perhaps they can sell it to the government. Obamaweek anybody?