From the Washington Post:
"Washington Times executives are negotiating to sell the newspaper, after the Rev. Sun Myung Moon's family cut off most of the annual subsidy of about $35 million that has kept the Unification Church-backed paper afloat, company officials said."
Given that this cheesy propaganda rag, i.e. the major conservative newspaper in the country, has never ever turned a profit, and has cost the Rev. Sun Myung Moon an estimated $2 billion dollars over the years for the privilege of publishing it, I wonder what a fair purchase price would be. How about if I take it, and they agree to pay me $20 million a year in perpetuity to keep it going? After all, by conservative economic principles that would result in a $150 million profit in just ten years.
Interested, Moonies?
Monday, May 3, 2010
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