Wall Street Journal offends liberals/moderates

The New York Post reports that:

Earnings plunged by 54 percent at the newspaper's parent Dow Jones & Co., with its fledgling online operations earning more money for the first time than the flagship Journal and the weekly Barron's.

Even more interesting: I called the WSJ today to NOT renew my online subscription, and when asked why I answered that I just couldn't tolerate the editorial stance of the Journal anymore.  The customer service rep. then surprisingly replied "I can't tell you how many people have told me that recently when they cancelled".  Apparently this has become very common.

Is it possible that one the premier megaphones for right-wing propaganda is finally offending even their own reader base?

(more quotoes from article below)

The cust. svc. rep. tried to interest me in a 'special offer' of 4 months online service for $6.95 total, so they are almost ready to give it away. The article says online subscriptions are $84 a year, but the rep. told me the current price is $59, a 30% reduction.

Feinseth said the company "doesn't earn enough to cover the cost of the capital they use -- its average profit is 4.2 percent but the annual cost of its capital is 8.4 percent.

"They're simply losing market share to other media. Print publishing is not a profitable business for Dow Jones anymore," said Feinseth.

Some investors say the jury is still out on his $538 million gamble on buying free financial Web site MarketWatch last year.

Maybe some liberal groups should find an investment manager to put together a leveraged buyout, and makeover the WSJ into a liberal voice.  I'd feel really good about telling the current wingnut editorial board: "You're Fired!"