Katie Couric’s CBS Evening News explored tonight an interesting paradox about the current fortunes of the newspaper industry. Why is it that with such steep declines in circulation, some of the country’s most notable millionaires are exploring the possibility of buying these businesses?

Millionaires don’t get rich by making bad decisions.

Two camps are forming: the impatient Wall Street folks who react only to what is happening now, and the visionaries. Millionaires tend to have vision.

Newspapers don’t sell paper, they sell news. And the news commodity isn’t going away. If anything, news is in greater demand than ever.

Unfortunately, most folks running newspapers don’t have the millionaire’s vision or determination. Most have acknowledged a changing economic yet still walk the same line toward failure.

Millionaires don’t get rich by reacting slowly to changes in the market.

They are committed to doing anything that sells the product more and helps the business make money. Yes, that’s meant to sound scary. If the old journalists running the place won’t do something about declining revenues, then the corporate cut-throats will.

My guess is that although the millionaires will succeed, it will sometimes come at the expense of journalism. So stop talking about big ideas and actually get something done. Remember who is in line to take the job.