If newspapers were a baseball team, they would be the Mets – without the hope for those folks at the very pinnacle of the financial food chain – who average nearly $24 million a year in income – next year. – Eric Alterman
More and more, Democrats are starting to worry they that they have a more um, colorful version of Jimmy Carter on their hands. Obama acts cool as a proverbial cucumber but that awful 70s show seems frightfully close to a rerun. – Eric Alterman
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics – just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems. – Eric Alterman
To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In the Internet age, however, no one has figured out how to rescue the newspaper in the United States or abroad. – Eric Alterman