Wash. Times for Sale
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?
"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?
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