At any rate, soon I might not be reading anything at all from the city's only daily newspaper. The Miami Herald is on the verge of retreating behind a paid-only web availability. It is shutting itself to paid subscribers in bold move. A Last Stand. It will invite competition from other news sources that don't share its legacy cost burdens.
The paper's hemmoraging fortunes are not strictly the fault of the internet and readers trusting other non-pay websites.
In the case of McClatchy and The Miami Herald: the cause is debt. McClatchy, to the Herald's former owners and shareholders, was like the Art Basel billionaire playing with house money and the former Herald shareholders, and executives who benefited from profit sharing compensation packages, were like gallery owners touting art objects priced in the millions.
How much damage was done to the public interest, when Miami Herald owners and top shareholders and executives in profit sharing glommed onto the housing boom that resulted, finally, in the biggest crash since the Great Depression? That is so, yesterday's news.
It is a disputable point, and in main part, the same as the one raised by Jorge Perez -- the real estate developer who was too big to fail notwithstanding the wreckage he stood behind of downtown Miami and Miami politics -- in the New York Times today, "In Miami, Using the South American Playbook".
Perez, in the Times, registers surprise at the asset flipping that happened during the speculative wave that wrecked Miami's chances to emerge from its status as a fly-by destination.
Walking-away-from history is a common thread in Miami. It is a city sustained by forgetful-ness. This is not going to be apparent or even of importance to the buyers of real estate from Latin and South America whose reverse migration is wholly accountable for propping up the city from confronting exactly what the speculators did to Miami during the housing boom.
On days the Herald is good, it can be very good. When it's not, you can read the entire paper in less time than it takes to read this blog post.
The role of The Miami Herald is less like the sun that lights our day than the obstacle that blocks our view of the sea.
I pay for The New York Times, daily. The paper is indispensable, because it offers critical coverage of news and events. I can't find that in The Miami Herald on most days, and because of its on-and-off character -- when the paper disappears from open access on the web -- I am divided about what to do.