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The establishment print media is now worthless with the announcement today that Newsweek sold for a dollar. Andrew J. Bacevich has just written about the failure of American-style warfare and how a determined guerrilla opposition continues to hold back the massive fire-power of what Washington formerly called “shock and awe.” The new internet media continues to report on Washington political corruption, excesses and failures as well as what is really going on with Wall Street, the Fed and the dollar.
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- Washington Post Co. selling Newsweek to Sidney Harman (usatoday.com)
- Robert Naiman: Bacevich: Vietnam vs. Munich, and Creating an “Iraq/Afghanistan Syndrome” (huffingtonpost.com)
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