DISCLAIMER: I work for Charles Koch.
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I certainly don’t claim to know everything that he knows,
but I struggle to understand how owning a chain of newspapers
creates any long term value.
Maybe by operating part of a system (the media) that helps tell the rest of the world what is actually taking place, and reporting those facts, this purchase might the best investment they’ve ever made.
If Free Enterprise dies, everything else they own goes to zero. And the death of that system is the goal of those in power right now.
Including the MSM.
This is good enough reason for me.
http://en.wikipedia.org/wiki/Charles_G._Koch
Charles Koch looks upon the Tea Party movement favorably. “The way it’s grown, the passion, and the intensity, was beyond what I had anticipated,” he told an interviewer.[19] He’s funded groups opposed to the Barack Obama’s administration.[33]