Well, for one thing.. then I'm a publisher, not a journalist. Running a business does not appeal to me in the slightest.

Secondly, most of the problems facing publications are market forces that aren't going to go away just because the person at the helm does care about quality.

There are publications that succeed by the skin of their teeth. LWN for example. But that's a pretty rare, niche example that would be very difficult to replicate.

Your newspaper can be as simple as a web site you create. There's almost zero cost of entry. It can be grown organically, as you develop a reputation for real journalism. Start small by specializing in articles on one topic like, say, what the city council is doing or what Boeing is doing. Become the go-to source of accurate information on that.

It'd be like the olden days when random people would print and distribute pamphlets like "Common Sense".