Posted on 01/28/2009 4:02:43 AM PST by governsleastgovernsbest
An op-ed in the New York Times suggests turning the paper into a non-profit. Hey, the gurus of the Gray Lady have already accomplished that, thank you very much!
But seriously–at least I think they were being serious–the authors, two Yale investment officials, propose transforming the Times and other struggling newspapers into “nonprofit, endowed institutions — like colleges and universities.”
Great idea. Just like the rich sons of Eli turn up to root the football team to victory against Harvard–dropping the odd million into Yale’s endowment while they’re at it–so too will the Times’ benefactors head out to Central Park to watch the paper’s softball team take on the NY Post.
There’s just one nagging little detail in the authors’ otherwise brilliant plan that could present something of an obstacle. According to their calculation, in order to throw off the $200 million in annual income required to operate the paper, the endowment required would be . . . $5 billion.
(Excerpt) Read more at finkelblog.com ...
We know what floats to the top and is flushed down, last.
Just let Yale put up $5 billion from its own shrinking endowment for this purpose —— move the Times staff to New Haven and re-brand it as the “New Haven Times”......
It would be a great extra-curricular activity for all the young Yale liberals who could displace a lot of the expensive “professional” journalists.......
A great educational move for Yale!
WOW.
"Subscriptions?/donations?/graft down? ('cept in Chicago), not to worry- we can still tap the taxpayer, fool!" /Mr. T
"America has already become so socialist I'd like to shove my boot up it's ass."/budwiesest
"Look, if we didn't have a crony at Treasury, we'd never convince the useful idiots to pay the taxes we need to implement our socialist plan." /Step and Fetch It
"Blagojovich got caught trying to sell a senate seat. I'm selling the country and I ain't gettin' caught!" /Kingfish Obama
"It's no longer the party of the working man, it's the party of the non-working man." "Democracy has met it's match."/budwiesest
“All the news that fits the agenda of our socialist masters, we’ll print.”
Of course, that’s more or less their motto right now anyway.
The NYTimes is already not-for-profit.
It’s just unintentional.
What a profoundly truthful statement, budman!!! Power to the BUDMAN!!
Just Awful...but not surprising.
Because the electorate hadn’t been dumbed down enough in those days.
Damn....that is a purty chart.
A truly great statement on the RAT party.
Tax cheat heads the IRS. Bailouts turning into payoffs, etc.
What we are witnessing here is a transition from a country with laws (a constitution) to one without. It's happening within our lifetimes. Woe to our children and theirs, if it is not stopped.
I blame the black-robed judges as much as the uninformed, full-time politicians. When Heller vs D.C. came down 5-4 instead of 9-0, I knew most laws could not hold. This 'katrina' knocked the legs out from under the courthouse, the statehouse, and the sh*thouse.
The 'Greatest Generation' fought an enemy from without and won. The 'Second Greatest Generation' will have to fight the enemy from within, and win.
The Win Strategy is very simple, really. Just go back to following the rules. Simple as that. Not a shot need be fired. A synapse or two, yes. Freedom and liberty are real easy. What you 'can't do' is easy to remember. Especially if the guy next to you happens to be wearing a gun.
As society becomes more complex, some people start having breakdowns which evokes even greater crackdowns on freedom.
I picture Obama with a pineapple on his head.
That oughta be fun to watch... pass the popcorn!!!
I sure liked your summation!!!
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