Newspapers are laying off staff, newsprint paper mills are closing.
Why buy into an industry like this ?
Because the liberals want to save the newspaper industry. What better way than the government handing over money to help Warren Buffet who in turn returns the favor by using a hundred million or two to shore up the newspaper industry which in turn will publish more leftist propaganda?
I don't like the answers that I can find. Either Buffet expects to get more back in tax dollars than he spent for the companies, or he expects to use his control over information as a lever to obtain what he wants.