Original Article on Gawker

Old Arab-hating literary tycoon Marty Peretz is putting his beloved Washington treasure The New Republic the "in-flight magazine of Air Force One," according to a movie about how much of its content was completely fabricated on the market, again. Who should purchase this esteemed leftist journal of moderately regulated capitalism and hella warmaking? The sale, according to the Wall Street Journal, will be handled by the Blackstone Group, which will "reach out to various media companies" and then extract a large fee. The two names mentioned are Bloomberg LP and News Corp. We can all hope that it's sold to Rupert Murdoch, purely for laughs. But where's the creativity in slipping down that omniscient suckhole so quickly? Let's run through a ...(read more)