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Home Front: Culture Wars
Bailout for Huffasnuffaguffalous
2008-11-22
Arianna Huffington looks set to cement her position as the Queen of Capitol Hill in the next few days. The Times has learnt that the Huffington Post, her influential political website, will confirm within the next week that it has completed a $15 million (£10 million) fundraising from investors.
So there you have it, Brethren and Sistern! If the Burg can raise $15 million we can continue to publish for the next 150,000 months at our current financial burn rate. That's 12,500 years, not counting anything I skim off the top for beer or software. So dig deep! Drop your unneeded millions into the Paypal or Amazon accounts and win the fight against Donate-and-Spend Liberals!
The money will finance the expansion of HuffPo, as it is known, into the provision of local news across the United States and into more investigative journalism. And it will ensure that Ms Huffington's influence continues to spread across the US political scene.
The little progressive suckers around America are grateful they could help Ariana, of course ...
She is a close friend of Barack Obama, the President-elect - who, with Hillary Clinton, has posted on her site - and, at a dinner in London on Wednesday night, joked: "I only text three people - my two teenage children and Barack Obama."
Honey, you need to learn the truth: Bambi has no friends. First hint of trouble and you'll be under the bus Air Force One.
Ms Huffington launched HuffPo, which has about 2.5 million bloggers contributing to it regularly, in May 2005 with $2 million of seed capital. She then raised $5 million in August 2006 from venture capital firms including SoftBank Capital and Greycroft Partners, as well as individuals such as Bob Pittman, the former AOL executive. In a second round of fundraising in September 2007, HuffPo raised a further $5 million.

Ms Huffington, 58, the daughter of a Greek newspaperman, has been turning heads ever since she arrived at Cambridge University in the late 1960s. Then called Arianna Stassinopoulos, she became the first foreigner - and only the third woman - to be president of the Cambridge Union debating society. A lengthy affair with the journalist Bernard Levin raised her profile farther. During their eight years together she wrote three bestselling biographies, including works on Pablo Picasso and Maria Callas, before moving to the US in 1980.

There, she met and married Michael Huffington, the oil billionaire, becoming one of Manhattan's leading socialites and a champion of the Republican revolution led by Newt Gingrich, the Speaker of the House of Representatives. Her marriage ended in 1994.

The launch of HuffPo came after Ms Huffington had spent a decade of campaigning for causes such as opposition to the Iraq War, concluding a remarkable political journey from right to left.
Posted by:Fred

#9  I visited the Puffington Host once, for about ten minutes. I spent the next three days on my knees seeking God's forgiveness. That place is FOUL, which is one of the reasons the Donkeys like it. It's not quite as bad as Democratic Underground (which is where it belongs - at LEAST six feet under) or Daily KOS (kos why?), but it's foul. They won't see any of my money.

Heck, I don't even see any of my money...
Posted by: Old Patriot   2008-11-22 19:52  

#8  Think of how much furniture can be refinished for $15 mil!
Posted by: Alaska Paul   2008-11-22 14:43  

#7  well, she made Michael Huffington turn gay....just saying
Posted by: Frank G   2008-11-22 11:30  

#6  Fred, all you have to do is pimp yourself out to some billionaire. The paparazzi will then splash you mug all over the magazines and TV. Then you'll be famous and the contributions will flood into the Rantburg coffers...not to mention the backing you'll get from the billionaire. It's simple.
Posted by: Abu Uluque   2008-11-22 11:18  

#5  ...and into more investigative journalism.

HuffPo does investigative journalism? Who knew?

A lengthy affair with the journalist Bernard Levin raised her profile farther.

OMG, like, you're such a slut!

There, she met and married Michael Huffington, the oil billionaire,

Eat that, John Kerry...

...had spent a decade of campaigning for causes such as opposition to the Iraq War

She opposed the Iraq war for an entire decade, or is that the only 'cause' the writer could come up with?
Posted by: Raj   2008-11-22 08:12  

#4  uh huh, and since the Greek Screech has absolutely no business plan, this is just rich libs throwing money at the Air America of the blogs
Posted by: Frank G   2008-11-22 08:10  

#3  So there you have it, Brethren and Sistern! If the Burg can raise $15 million we can continue to publish for the next 150,000 months at our current financial burn rate.

Wow, Fred. That's a 100 times what I ever made blogging, you rich capitalist bastard!
Posted by: badanov   2008-11-22 07:57  

#2  I think she found that money buys you a lot more influence and access on the Left than it does on the on the Right.
Posted by: phil_b   2008-11-22 01:46  

#1  A severely weakened and handicapped group. I am glad that these donors were able to help with little miss anxiety attacks and thick accent.
Posted by: newc   2008-11-22 00:20  

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