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Obama Looking To Bail Out Newspaper Industry
Toledo Blade/The lid ^ | 9/20/09 | The Lid

Posted on 09/20/2009 5:24:14 PM PDT by Shellybenoit

With the federal treasury facing insolvency what industry do we help next? Well lets see, how about the public relations arm of the Democratic party, the newspaper industry. That way when our Taxes go even higher they can tell us that it is a great idea. Today the President said that he would be happy to look at the Senate proposal allowing papers to restructure as non-profit organizations.

Non-Profit may describe a newspaper's balance sheet, but it should not describe its tax status, unless of course, if Senator Benjamin Cardin( D-Md.) gets his way. The Senator introduced a bill on the Senate floor that would allow newspapers to elect to receive tax-exempt status all they have to do is promise not to endorse any political candidates (but they can report on the campaign).

Most newspapers today do not need an editorial page to show their bias, maybe that's why the President took this opportunity to bash the internet and spread love toward the newspaper industry.

(Excerpt) Read more at yidwithlid.blogspot.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: 111th; acornmedia; acornnetwork; agenda; bailout; benjamincardin; bho44; cardin; chavez; communist; democrats; dncmedia; dncmediaarm; hugochavez; ministryofpropaganda; newspapers; nonprofits; obama; pravda; propagandaministry; shadowgov; socialist; staterunmedia; venezuela

1 posted on 09/20/2009 5:24:15 PM PDT by Shellybenoit
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To: Shellybenoit

Did we not see this coming?


2 posted on 09/20/2009 5:26:30 PM PDT by SandWMan ( A riot ist an ugly sing, und, I sink it's about time zat ve had vone!)
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To: Shellybenoit

Why stop now? /s


3 posted on 09/20/2009 5:26:54 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Shellybenoit

well, you have to admit, he sure owes them some big favors.


4 posted on 09/20/2009 5:26:56 PM PDT by the invisib1e hand (hang the Czars.)
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To: Shellybenoit

He’ll probably bail out the liberal ones, not conservative ones like the OC Register.

By the by, were all the auto dealers forced to close down either conservative or not Democrat donors?


5 posted on 09/20/2009 5:27:17 PM PDT by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: Shellybenoit

If the government is funding a bailout, do they not only control the content of what is published? So much for the first amendment.


6 posted on 09/20/2009 5:28:45 PM PDT by The Great RJ ("The problem with socialism is that you eventually run out of other people's money." M. Thatcher)
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To: Shellybenoit
Well shoot-- isn't The New York Slimes already a "non-profit" enterprise? I mean, who thinks that they actually make money?

Nope, I think that the State-Run Media isn't in it for the profits-- otherwise they would look more like Fox News.

7 posted on 09/20/2009 5:28:59 PM PDT by Lysandru
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To: Shellybenoit
a bill on the Senate floor that would allow newspapers to elect to receive tax-exempt status all they have to do is promise not to endorse any political candidates (but they can report on the campaign).

"President Obama, brilliantly running his re-election campaign -- a campaign that for centuries will be admired for it's wisdom and benevolence will appear in Chicago tomorrow: oh, lucky town! Meanwhile, the Republican candidate seems to have avoided embarrassing themselves yesterday by mostly staying out of sight, leading some sources to say that yesterday was the candidate's best so far."

8 posted on 09/20/2009 5:29:55 PM PDT by ClearCase_guy (Play the Race Card -- lose the game.)
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To: Shellybenoit

Print is dead.


9 posted on 09/20/2009 5:32:14 PM PDT by MyFreedomIHoldDear
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To: Shellybenoit
For forty years we've listened to the Mainstream Media spew their left-wing, secular, anti-American bias and the America people are sick of it.

Obama won't win over any Conservatives or Independents by doing this.

10 posted on 09/20/2009 5:32:17 PM PDT by Carbonsteel
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To: Shellybenoit
The punk in the oval orafice is looking to deprive me of the one pleasure I get from newspapers these days - their imminent demise.

He's got to be stopped and as humiliatingly as possible...

11 posted on 09/20/2009 5:34:28 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: SandWMan

We all need to become non-profit organizations. Then he will have no profit to tax and the Communists will have no income.


12 posted on 09/20/2009 5:35:07 PM PDT by screaminsunshine (!!)
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To: Shellybenoit

Change the 2nd amendment... game over. Not far away.


13 posted on 09/20/2009 5:35:26 PM PDT by BigFinn (Obamanation then Obamaggedon.)
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To: A CA Guy
By the by, were all the auto dealers forced to close down either conservative or not Democrat donors?

Great point! I'll bet only "friendly" newspapers will be eligible for the "bailout."

14 posted on 09/20/2009 5:36:37 PM PDT by FlingWingFlyer (I don't remember Americans being called "racists" when we fought against Hillarycare.)
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To: Shellybenoit

I hope he does bail them out.

It would be the nail in the coffin for the MSM. Look how great it’s been for the auto industry.


15 posted on 09/20/2009 5:37:30 PM PDT by webstersII
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To: Shellybenoit

Why do “progressive” Democrats keep trying to perform CPR on dying 20th century institutions with OUR money?!!!Dare we spend for OUR own healthcare!!!!


16 posted on 09/20/2009 5:38:45 PM PDT by mo
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To: webstersII

Good point, then Foxnews, talkradio, and the Internet can start calling the mainstream media the state media.


17 posted on 09/20/2009 5:40:18 PM PDT by Carbonsteel
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To: Shellybenoit

The press would officially be bought and paid for.


18 posted on 09/20/2009 5:45:14 PM PDT by Flag_This (ACORN delenda est)
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To: Shellybenoit

Let them fail. We already have Gov media. Newspapers created their own failure by the greed of their publishers.

I refuse to buy the Kansas City Falling Star. My last day as a subscriber was October 1, 2008.


19 posted on 09/20/2009 5:45:19 PM PDT by ncfool (Cash for Clunkers - A big failure and Obama and rats want us to trust them with our healthcare!)
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To: ncfool
Newspapers created their own failure by the greed of their publishers.

Not greed, but ideological self-centeredness.

They looked at their newspapers and rather than asking "what can I print that will make me the most money" (greed), or "what news should the public read" (good journalism) they instead decided to print either what fit their own worldview and beliefs, or what they WANTED the public to read.

The correlation between the decline in readership and the decline in public trust is strong enough to conclude causality.
20 posted on 09/20/2009 5:53:29 PM PDT by tanknetter
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To: John Semmens

Did you write this... come on .. really


21 posted on 09/20/2009 6:00:44 PM PDT by pnut22
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To: ncfool
We need to starve the beast. No dealing with companies that have taken Federal tax dollars (TARP for instance). Quit buying crap, buy only whats really needed. Until they tax it, buy on-line sales tax-free if possible. Support your local businesses. In other words cut down on the taxes/government funding that is within your power. I know there is not much one can do about income, property,and other like taxes but if the government dares to raise them high enough maybe the sheep will become goats and start butting back......maybe
22 posted on 09/20/2009 6:09:19 PM PDT by yadent
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To: yadent

Good point I agree with you.


23 posted on 09/20/2009 6:12:37 PM PDT by ncfool (Cash for Clunkers - A big failure and Obama and rats want us to trust them with our healthcare!)
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To: Shellybenoit

NOT WITH MY DAMN MONEY you Communist bastard.


24 posted on 09/20/2009 6:19:28 PM PDT by Gator113 (YES WE CAN.... http://www.youtube.com/watch?v=7cMxJBenigY&feature=related)
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To: Shellybenoit

they are already the government propaganda rags... this would just pay them for their service

0bama will leave it on the dresser


25 posted on 09/20/2009 6:34:10 PM PDT by sten
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To: MyFreedomIHoldDear

“Print is dead.”

- True. And Obama doesnt like it. In a newspaper column praising His Royal Assness, dissenting comments aren’t allowed. Thus, Obama doesn’t like all of these forums, blogs, talk radio call-ins, etc.


26 posted on 09/20/2009 6:46:37 PM PDT by Soothesayer9
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To: MyFreedomIHoldDear
"Print is dead."

Too bad. They jumped off of a cliff.

The new media is a lot more dangerous. The new media knows everything that you read, and every site you post on.

Print never could tell for sure.

They win even as they die.

27 posted on 09/20/2009 6:49:48 PM PDT by Radix (Obama represents CHAINS for posterity.)
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To: FlingWingFlyer

I believe that 80% of the shutdown dealers were Republican donors; however, I believe that it was shown that 80% of the remaining dealers also were Republican donors...


28 posted on 09/20/2009 7:10:17 PM PDT by bt_dooftlook (ACORN = Another Communist-Overrun Rats-Nest)
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To: Shellybenoit

This is truly frightening.


29 posted on 09/20/2009 10:26:07 PM PDT by Lorianne
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To: the invisib1e hand

I bet he don’t bail out the good ole Washington Times or any like minded papers like that.


30 posted on 09/20/2009 10:56:51 PM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: Shellybenoit
Newspaper Industry???


31 posted on 09/20/2009 11:08:44 PM PDT by Stand Watch Listen ("All that's necessary for evil to triumph is for good men to do nothing.")
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To: Shellybenoit

They aren’t making anything now and not paying income taxes so if they put an item in the bill the makes it illegal to charge for online content it might be alright.


32 posted on 09/20/2009 11:16:33 PM PDT by dalereed
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To: Shellybenoit
The Senator introduced a bill on the Senate floor that would allow newspapers to elect to receive tax-exempt status all they have to do is promise not to endorse any political candidates (but they can report on the campaign).

Exactly like "nonpartisan" ACORN; indeed, the NEW and IMPROVED ACORN

33 posted on 09/20/2009 11:36:58 PM PDT by piasa (Attitude adjustments offered here free of charge)
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To: webstersII; Shellybenoit
It would be the nail in the coffin for the MSM. Look how great it’s been for the auto industry.

There's a difference. They WANT the papers to succeed. The automotive companies, not so much.

34 posted on 09/21/2009 12:06:18 AM PDT by Grizzled Bear ("Does not play well with others.")
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To: Shellybenoit

Only newspapers that agree with and cover for him, of course. This is B.S.


35 posted on 09/21/2009 5:18:20 AM PDT by Overtaxed Patriot (Liberals are terrible at math.)
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To: Stand Watch Listen

luv the graphic.


36 posted on 09/21/2009 9:15:02 AM PDT by the invisib1e hand (hang the Czars.)
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To: Shellybenoit

Are they going to drop that “objectivity” lie yet? They should rename their papers to include “Pravda” in the title.

But, that might be confusing seeing as how the real Pravda is more trustworthy than most of the American press.


37 posted on 09/21/2009 11:55:55 AM PDT by MichiganConservative (ObamaCare is socialism. It will do nothing but increase premature, unnecessary death.)
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