[theymakemesick]

A useful tax write-off for the wealthy husband of a California Democrat Congresswoman.

Hmmm, gearing up for a print media bailout and lining up to be a beneficiary?

[Mobties]

Simpler than that, I think. He makes a lot of money ... pays a lot of taxes and next year he'd be paying more without the ongoing losses at Newsweek offsetting his income. And who knows? Harmon is a successful businesman. Maybe he can turn Newsweek around.

I'm assuming he and his accountants can transfer the losses to the Harmon tax return without too much trouble.

The best take on Newsweek is still Iowahawk’s “I need some ‘Me’ time” http://iowahawk.typepad.com/iowahawk/2010/05/i-need-some-me-time.html#more