Update to our earlier report on the sale of the WaPost for $250,000: Turns out that during the Bush years, the media source was worth more than 2 billion dollars.

Brietbart tells us:  

The announcement that the Washington Post Co. sold its flagship paper to billionaire Amazon founder Jeff Bezos for $250 million, surprised everyone. And in an era when the Washington Postsells Newsweek for $1 and the New York Times sells the Boston Globe at a 93% loss; $250 million might sound like a lot of money. But buried in the Post's own reporting of its sale is the news that ten years ago the Post would have sold for $2 billion with a -B-.

That represents an 87% loss in just a decade. You figure in ten years of inflation and we are probably over  90%.  

In case you are wondering  what is happening to Progressive national news:   We are happily witnessing the collapse Progressive national news broadcasting and the Leftist propaganda source they have become.  Four years of feckless leadership,  perpetual scandals and constant whining have made times ripe for the progressive failure we are witnessing.