Sunday, December 23, 2012

"The Nation" is Deep in Debt


"The Nation" is deep in debt.

Why have I written :"the nation" in scare-quotes? Because I am not just writing about the United States federal government, but about the liberal New York based publication headed by progressive firebrand Katrina Vanden Heuvel.

One of her recent pleas starts out with:
 
Thank you for reading TheNation.com. Please help us close our six-digit deficit before the end of the year by making a small donation today.
 
Katrina was on the December 23 edition of "This Week", and she has been clamoring for the 'rich' to  pay their fair share. Is she hoping that the "rich" in New York will pay their fair share.

She claimed that the United States has a short-term budget deficit problem, yet her newspaper is struggling under the same troubles.
 
Whether you read The Nation in print, on an e-reader, online or on social media for free, we depend on your donations to pay for this journalism. A full 20% of all of The Nation's revenues come from reader-supporters like you.

Twenty percent comes from donations. The paper cannot rely on profit alone to stay in print? Seems to the casual observer that fewer people want to read Vanden Heuvel's journalism in the first place.
 
Invest in hard-hitting investigative reporting you won't get from the mainstream media and our renowned political and cultural commentary. Your help allows us to promote our message and advance a progressive agenda. We are grateful for gifts of any size. And thank you!

Vanden Heuvel's liberal spin mirrors the "Mainstream Media", which may explain why her paper is struggling to make ends meet. When the editor of national publication hypes about "paying their fair share", one has to wonder if she has any credibility beyond marginal sniping at the Beltway and the conservative causes in this country. Progressives like Vanden Heuvel want to claim that they ride above the fray, offering elite opinion on "what is really going on in this world." Yet like "everyone else", she has deadlines to meet and budgets to balance, and the very liberal values which she espouses war against the bare-bone realities of publication and dissemination of information.

Vanden Heuval wants the rich to pay "their fair share" so that her newspaper can get a subsidy like National Public Radio.

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