Democrats seek financial rescue of minority-owned broadcasters

The Hill ^ | 20 May 2009 | Silla Brush

[KRyanJames]

High-ranking House Democrats are urging the Treasury Department to prop up minority-owned broadcasters suffering from a lack of capital and lost advertising revenue amid the economic slump.

House Majority Whip James Clyburn (D-S.C.) is leading an effort to convince Treasury Secretary Timothy Geithner to take “decisive action” by extending credit to this sector of the broadcasting industry.

Clyburn and other senior members, including House Financial Services Committee Chairman Barney Frank (D-Mass.) and Ways and Means Committee Chairman Charles Rangel (D-N.Y.), argue that minority-owned broadcasters are sound businesses, but that the recession could undermine the government’s efforts to diversify the airwaves.

A number of members from the Congressional Black Caucus signed the letter, too.

[Drango]

I want a pony. (And a government grant to feed him.)

[FES0844]

Must be nice to have a MONEY TREE!

[Oldeconomybuyer]

Clyborn, Rangel, and Fwanks

[A_Former_Democrat]

Disagree.

The Stooges actually contributed to the culture and economy

[cripplecreek]

Tell them to ask ACORN for the money.

[Oldeconomybuyer]

Good point!

[Reagan69]

NO MORE BAILOUTS!!

[rfp1234]

“minority-owned broadcasters” [M.O.B.]

[madamemayhem]

that’s racist.

[river rat]

These clowns keep up this bull squat that diminishes the value of EVERYTHING I own or saved - and they’re going to have one hell of a reaction....

[PLKIng]

Wow! This is about as unethical as you can be. Odumbo hates the free market so much that his every move seems calculated to destroy it. When has this ever worked in history and where? Pathetic.

[jessduntno]

I want a condo at THE VILLIAGES with Joe Biden;

http://www.youtube.com/watch?v=NmRXH7RkCZQ

Yes, it is really him...

[river rat]

I so damned sick and tired of hearing why EVERYTHING must be diversified -— I’ll believe they mean it when 85% of professional sports players are non-Black.

Until then, sink or swim and no taxpayer bailouts..

[jessduntno]

"These clowns keep up this bull squat that diminishes the value of EVERYTHING I own or saved - and they’re going to have one hell of a reaction...................................................

[240B]

Liberals have a pathological need to determine and control the outcome according to their own personal idea of ‘fairness’.

They have to pick winners and losers.

[Mad_Tom_Rackham]

Once the barn door has blown down...

[Menehune56]

Opponents of this legislation will be called out as racists and klan members of course.

[yazoo]

“I want a pony.”

You’re not a Dem so all you’ll get is a pile of horse manure and shovel so you can dig for the pony.

[Lonely Bull]

The members are asking for a meeting with the Treasury Department and minority-owned broadcast entities and representatives from the National Association of Black Owned Broadcasters.

What's the acronym for that association?

Hm, look at their domain name, even.

[DoughtyOne]

Sound businesses? I don’t even hear them saying that about the auto manufacturers.

[Chode]

please mr.president... make it rain candy!!!

[Let's Roll]

Not no, but h*ll no!

If they can’t manage or can’t offer something people actually want to listen to, they should fail just like anyone else (except Union run companies of course).

[devolve]

[KarlInOhio]

I have a dream that broadcasters will one day live in a nation where they will not be judged by the content of their character but by the color of their skin.< /sarc>

[Boiling Pots]

More like the Money Hole http://www.theonion.com/content/video/in_the_know_should_the_government

[BilLies]

You forgot the blackface.

[BilLies]

How do I get that graphic?

[blam]

Incompetence pays?

[Winstons Julia]

Are you black or another recognized minority? You might be able to get a pony if you are.

[Drango]

I’m as black as the first black president...Bill Clinton. Do I get the pony or not?

[Winstons Julia]

How you gonna vote in 2012, brother?

[Drango]

ain’t saying till I get the pony.

[Winstons Julia]

Nice try. You gotta put your name on the paper to get the pony. Still, and you didn’t hear this from me, if you can get 1000 more people to put their name on the paper, you get another pony AND four chickens.

[devolve]

.

I made that a few months ago

Just sign up for a free hosted Photobucket.com image account and upload that URL to Photobucket

Then just post it using standard HTML image tags

[NYRepublican72]

I want a pony. (And a government grant to feed him.)

And I want a hot blond with an "enhanced" rack (and the money for other enhancement procedures and maintenance issues (her clothes, my Viagra, etc).

0bama, Congressional Black Caucus, do you think you can deliver that for me?

[jessduntno]

“You forgot the blackface.”

Hahahaha...no, really, I got it on...

[dr_who]

minority=reliably democrat

[SunkenCiv]

Ping!

[potlatch]

Read about this on Drudge earlier today.
I like your Reparations gif, very eyecatching.

[devolve]

.

Obama is 24/7 reparations

Obama just announced that “he” wants to give 100 billion (of your money) to an World Bailout Fund

[potlatch]

Every day - EVERY DAY, is another surprise from him, not that we're surprised but some are so outrageous that it boggles the mind.

Did you see that 76 Senators wrote Obama a letter about Israel?

[HereInTheHeartland]

Stage coach manufacturers unite; your industry deserves (or did 120 years ago) a bailout.

[HereInTheHeartland]

” minority-owned broadcasters “

What exactly does this mean?
Does this apply to people of Danish ancestry? Swiss?
Both are small countries with small numbers of people here.

What is the cutoff? Who decides?

[devolve]

.

DC is a Chocolate City

.....like NO

[potlatch]

I don't get your connection, they aren't just talking about DC concerning the minority broadcasters, are they.

Yeah, the 76 Senators are concerned about how Obama’s doing Israel.

[Flint]

Conservative white males are very much a minority now, wonder if they can have some of that cash?

[devolve]

.

I paraphrased Mayor Nagin.....

[timestax]

[nathanbedford]

1. It is wrong and should be held to be unconstitutional for the federal government to bail out or subsidize any for-profit enterprise.

2. It is worse for the government to subsidize for-profit enterprises engaging in political press coverage because it aggravates all the damage done by government when it subsidizes any enterprise by tempting government to control free speech and engage in propaganda.

3. It is still worse for the government to allocate its subsidies on the basis of race.

Only the Libs could come up with this trifecta. But then they are bent on committing many constitutional sins and covering those sins with the race card.