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==Newspaper philosophy==
 
==Newspaper philosophy==
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Hussman sums up his philosophy about newspapers by referring to a statement from his father.​
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Hussman sums up his philosophy about newspapers by referring to a statement from his father.:
 
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<blockquote>
 
<blockquote>
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A newspaper has a number of constituencies. Among those are readers, advertisers, employees, creditors, and stockholders. If a newspaper and its publisher always keep those constituencies in that order: readers first, advertisers second, employees third, creditors fourth, and shareholders last, then the newspaper will do well journalistically and financially, and the interests of all constituencies will be well served."</blockquote>​
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A newspaper has a number of constituencies. Among those are readers, advertisers, employees, creditors, and stockholders. If a newspaper and its publisher always keep those constituencies in that order: readers first, advertisers second, employees third, creditors fourth, and shareholders last, then the newspaper will do well journalistically and financially, and the interests of all constituencies will be well served."</blockquote>
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For years ''The Democrat'' was considered the [[conservative]] newspaper in Little Rock in contrast to the [[liberal]] ''Gazette''. In the merger, the conservative viewpoint at first seemed to emerge triumphant in the combined ''Democrat-Gazette.''​
 
For years ''The Democrat'' was considered the [[conservative]] newspaper in Little Rock in contrast to the [[liberal]] ''Gazette''. In the merger, the conservative viewpoint at first seemed to emerge triumphant in the combined ''Democrat-Gazette.''​
  
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