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09-21-2009, 01:49 PM #1
Obama open to newspaper bailout bill !!!!!!
What the hell!!!!!
Obama open to newspaper bailout bill
By Michael O'Brien - 09/20/09 04:24 PM ET
The president said he is "happy to look at" bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses.
"I haven't seen detailed proposals yet, but I'll be happy to look at them," Obama told the editors of the Pittsburgh Post-Gazette and Toledo Blade in an interview.
Sen. Ben Cardin (D-Md.) has introduced S. 673, the so-called "Newspaper Revitalization Act," that would give outlets tax deals if they were to restructure as 501(c)(3) corporations. That bill has so far attracted one cosponsor, Cardin's Maryland colleague Sen. Barbara Mikulski (D).
White House Press Secretary Robert Gibbs had played down the possibility of government assistance for news organizations, which have been hit by an economic downturn and dwindling ad revenue.
In early May, Gibbs said that while he hadn't asked the president specifically about bailout options for newspapers, "I don't know what, in all honesty, government can do about it."
Obama said that good journalism is "critical to the health of our democracy," but expressed concern toward growing tends in reporting -- especially on political blogs, from which a groundswell of support for his campaign emerged during the presidential election.
"I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding," he said.
Source:
http://thehill.com/blogs/blog-briefing- ... ilout-bill
The contents of this site are © 2009 Capitol Hill Publishing Corp., a subsisiary of News Communications, Inc.
Comments (2041)
http://thehill.com/blogs/blog-briefing- ... ilout-billWork Harder Millions on Welfare Depend on You!
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09-21-2009, 01:55 PM #2
DO NOT
Bail out these Liberal Newspaper organizations with our money. You have been warned...
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09-21-2009, 02:15 PM #3
NO,NO,NO, AND H##L NO!!! This idget and all his friends must go.
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09-21-2009, 02:57 PM #4
NO MORE BAILOUTS!
RIP Butterbean! We miss you and hope you are well in heaven.-- Your ALIPAC friends
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09-21-2009, 04:18 PM #5
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Quote:
"Sen. Ben Cardin (D-Md.) has introduced S. 673, the so-called "Newspaper Revitalization Act," that would give outlets tax deals if they were to restructure as 501(c)(3) corporations."
=s Pravda.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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09-21-2009, 05:47 PM #6
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I’m reminded of this line in Plant of the Apes: “It's a mad house. A mad house.â€
I would never be so arrogant as to move to another country and expect them to change for me.
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09-21-2009, 07:28 PM #7AprilGuest
STOP THE INSANITY!!! NO MORE BAILOUTS!!!!
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09-21-2009, 07:56 PM #8
Socialist fools...keep digging your hole deeper and soon you will be buried. Americans have their eyes on you like a laser beam!
...I call on you in the name of Liberty, of patriotism & everything dear to the American character, to come to our aid...
William Barret Travis
Letter From The Alamo Feb 24, 1836
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09-21-2009, 09:23 PM #9
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