The Boston Globe, The Washington Post, Liberal Bias and a Conservative America

Posted by PITHOCRATES - August 8th, 2013

Politics 101

Far Fewer People pay to read Papers Online than they once Paid to read them in Print

The Washington Post has a market capitalization of $4.2 billion.  Which is the number of issued shares of publically traded stock multiplied by its stock price.  In other words, this is what the shareholders of The Washington Post believe the paper is worth.  Yet on Monday they sold the paper for $250 million.  Which is 94% less that its market capitalization.

This follows the sale of The Boston Globe.  Which The New York Times sold for $70 million.  After buying it for $1.1 billion in 1993.  Coincidentally, a loss of 94%.  The Washington Post and The Boston Globe show how newspapers have lost their value.  Each paper suffered huge declines in circulation.  And with fewer people reading these newspapers advertisers placed their ads elsewhere.  Which led to tens of millions in annual losses.  Common in much of the established print media.  Why?

In part because of the Internet.  People like getting their news online.  Free.  Some papers have installed pay-walls for their online content.  Some more successful than others.  But far fewer people pay to read these papers online like they once paid to read them in print.  On paper.  Old-school style.  Yes, online content is instantaneous.  Up to date.  Free (much of it).  And you don’t get that black ink on your fingers when reading the paper.  But is there something else causing papers like The Boston Globe and The Washington Post to fail so miserably?  Perhaps.

Approximately 75% of all Americans do NOT call themselves Liberal

The problems these papers are having are caused bytheir liberal bias.  This is why so many people are refusing to pay to pass the pay-wall.  And why they aren’t buying the print version.  Because today there is choice.  A lot of choice.  And a lot of choice that doesn’t insult them on a daily basis.

The (once) leading newspapers, the television news networks, the public schools, our colleges and universities, Hollywood, television and the music industry (apart from country music) leans left.  People are bombarded with a liberal agenda from school to television to the movies to their music.  Making the liberal agenda appear to be the mainstream thought.  But it’s not.

According to Gallup the ideological breakdown of the country in 2011 (and 2010, 2009, 2004, 2001, 2000, 1999, 1988, 1997 and 1996) was approximately 40% conservative.  While 35% identified themselves as moderate in 2011.  And those calling themselves liberal came to 21% in 2011.  So nearly half of all Americans call themselves conservative.  While 75% of all Americans do NOT call themselves liberal.  So is it a surprise that newspapers with a liberal slant that insult approximately 75% of the population are failing?

The Boston Globe and The Washington Post are Failing because People don’t like Elitists talking down to Them

The American people don’t like the liberal agenda.  Even liberals don’t like the liberal agenda when it affects their lives.  Matt Damon is a diehard liberal.  And champion of our public schools.  Loving their liberal agenda.  But when it comes to his own kids, surprise, surprise, they go to a private school.  Just like President Obama’s daughters.  The president is such a fierce supporter of our public schools that he ended the school voucher system in Washington DC.  Keeping those kids in the public school system.  Because he took away their choice.  While exercising his choice with his own daughters.  As the president believes that private schools are better than public education.  And he wants to keep the poor people out of them.  Which is what cancelling the school voucher system did.

And just recently we’ve seen Congress and their staff get an exemption from Obamacare.  The same Obamacare they’re forcing on the masses.  But those working in Congress have the best health insurance plans known to mankind.  And they’re expensive.  So much so that the government (i.e., the taxpayers) pays 75% of their premium costs.  They liked their plans.  They wanted to keep their plans.  But an unattended consequence of Obamacare put them in the same boat as the rest of us when it came to their health insurance.  And it was just a gosh-darn shame that these people would have to pay an enormous amount of money for their gold-plated-Cadillac plans.  So the executive branch of the federal government will pay (i.e., the taxpayers will pay) their 75% subsidy so they can keep the plans they like.  Without seeing their premiums going up.  Unlike the rest of us.

This is why papers like The Boston Globe and The Washington Post are failing.  Because people don’t like elitists talking down to them.  Telling us that we don’t know what’s best for us.  Or that we are simply too stupid to know that things we don’t like are actually good for us.  Like our public schools.  And Obamacare.  While the very people telling us this are exempting themselves from these very things.

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