Mr. SMITH of Texas. Madam Speaker, The Washington Post Company is trying to sell Newsweek because the magazine is losing money, according to news reports.
In response, The Weekly Standard wrote that ``not only has Newsweek suffered from its online competition, it seems to have done everything within its power to hasten its own demise.
``During the 2008 presidential election, for example, its fawningly voluminous coverage of Barack Obama made it something of a journalistic laughingstock, and certainly affirmed every weary accusation of liberal bias in the mainstream media.''
The Standard wrote that Newsweek's recent overhaul was ``designed to create a left-wing journal of opinion.''
The American Spectator called Newsweek, ``The Canary in the Liberal Coal Mine'' and outlined the magazine's history of liberal bias.
Maybe Newsweek's biased reporting didn't cause its downfall, but it certainly didn't help.