Why would content that you've already read be the most prominent? Following the convention of 'newest on top' would make more sense.
By throwing the big stuff on the right, we're also making people who jump into the site for the big stuff move their eyes across the content, which might prompt a click.
We've thought very hard about who our site is designed for and the path their eyes will take. The column hierarchy is designed for different groups of people looking for different content.