The Shrinking Newsmags

Everyone else is doing the inauguration, so I’m not.

However some of the Fallout is here. The Washington Post gives a most kind and gentle analysis of the SHRINKAGE of Time and Newsweek Magazines, and the reduction of U.S News and World Report to a monthly website.

There aren’t enough Lefties who read, to sustain these magazines. They’re wasting away, internal morale is in the septic tank, and we don’t need ’em anymore.
A Mexican billionaire, Carlos Slim, has infused 250 million into the NY Times and now has 17 percent control of what remains.

Also in the WaPo is another kind analysis as to why some of the inaugural balls are not well attended, tickets being sold at discount, and why some are actually being canceled, such as (no surprise), the Veterans Ball at the St. Regis hotel. Betcha that would have been a no show from the Obamas.