What Jack Welch should do instead of trying to buy the Globe: Start his own online newspaper

Adam Reilly writes he could do it for $1.2 million or so - the cost of a start-up online news venture in Minneapolis, and chump change to somebody like Welch.

Ed. refugee-from-print note: That assumes that Welch and his undead pal Barnicle would have the least interest in actually doing something innovative, as opposed to simply buying our local paper of record because they have egos the size of Rhode Island and like the idea of being media moguls. Recall during the initial fooferall involving Welch and the Globe that Welch seemed to want to ditch boston.com.