June 12, 2012
Dear Mr. Buffett,
I understand you are out buying newspapers. You are probably the only one in the world doing this right now and you have an uncanny way of making money so you are probably going to score big on this gambit. And at the same time you might be able to put the profession of Journalist back into a revered position.
But the reason I am writing you is to beg you to please buy the Albuquerque Journal. You could probably get a pretty good deal on it. Their cost cutting has turned it into a ghost of its former self, but there is still much potential there because people here want a real newspaper instead of an ink using version of Fox News. You see, the publisher and Editor are right wing and they are ruining a once great newspaper. Well, kind of great anyway. They didn't get this story which deserves to be run. It was dug up by an independent PAC. It will be interesting to see if they write a story about it. I think some of the real journalist there will insist.
So, please send me the person who does your newspaper buying and I will gladly gather some people for him that could give him about one million reasons why this would be a good thing to do. Mostly for the state of New Mexico.