Josh Marshall&#x27;s take is worth reading:<p><a href="http:&#x2F;&#x2F;talkingpointsmemo.com&#x2F;edblog&#x2F;chainsaw-chris" rel="nofollow">http:&#x2F;&#x2F;talkingpointsmemo.com&#x2F;edblog&#x2F;chainsaw-chris</a><p>Sample:<p>&quot;As someone who has had to run a media operation at at least break-even levels for many years, I don&#x27;t buy the idea that The New Republic had to run at a loss forever. But a lot of this is a matter of executive&#x2F;owner priorities. It&#x27;s been owned and run by people who had the luxury of sustaining some annual loss. The key is that The New Republic, as anything like what it&#x27;s been for a century, was never going to be a profit-making operation, certainly not a vertically integrated media cineplex or whatever they were trying to make it.&quot;