Dan Alexander: “What should we think when robber barons descend on a valuable industry, one that serves a vital role in communities across the nation?”
by Dan Alexander
Something of value requires regular investment, maintenance and proper care — especially if the possession is to continue to remain productive.
If the goal is to buy cheap, remove everything of value and then abandon it as a shell of its once-lofty state, then you’ve earned the title of robber baron.
But what should we think when robber barons descend on a valuable industry, one that serves a vital role in communities across the nation?
Sadly, it’s what we continue to see for the newspaper industry as it merged into obscurity for no good reason other than investment owners who value profits over communities and service.
Famed CBS anchorman and 60-Minute commentator, Dan Rather recently posted a short video titled “Wall Street Killing Newspapers,” where he outlines his concerns for an all-important resource when it is needed the most.
