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Less Than Ten Cents on the Dollar ( Salon.com owes the White House $, can't pay )
Fox News.com ^ | March 02, 2004 | Jim Angle

Posted on 03/04/2004 4:14:47 AM PST by Hillarys Gate Cult

Edited on 04/22/2004 12:39:07 AM PDT by Jim Robinson. [history]

Salon.com -- the online magazine that made a name for itself covering President Clinton's dalliances in the White House -- still owes the White House for travel expenses during that administration... as well as this one.

But when the White House asked for its money again last week, Salon.com sent the administration a letter, saying -- "Salon has been incurring losses ... its accumulated deficit totals $86 million ... as of December 31st, 2003. ... [W]e cannot offer a full payment at this time, but would offer you the opportunity to settle all amounts owed by us."


(Excerpt) Read more at foxnews.com ...


TOPICS: Government; News/Current Events
KEYWORDS: crooks; liberals; salon; saloncom; salondeathwatch
Sorry this is a couple of days late, have been looking for this item for days. All news searches turned up nothing.
1 posted on 03/04/2004 4:14:48 AM PST by Hillarys Gate Cult
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To: *Salon Deathwatch
Salon Deathwatch ping.
2 posted on 03/04/2004 4:18:23 AM PST by Hillarys Gate Cult (Proud member of the right wing extremist Neanderthals.)
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To: Hillarys Gate Cult
are they in bankruptcy? If they are then take it, If they are not they get in writing it is a downpayment and suspend them until the ballance is paid.

How does an online service get 87 million in losses? What are they paying people?
3 posted on 03/04/2004 4:19:13 AM PST by longtermmemmory (Vote!)
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To: Hillarys Gate Cult
made a name for itself covering President Clinton's dalliances in the White House

They misspelled "attacking Ken Starr".

4 posted on 03/04/2004 4:23:25 AM PST by AppyPappy (If You're Not A Part Of The Solution, There's Good Money To Be Made In Prolonging The Problem.)
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To: longtermmemmory
Better yet, why is the White House fronting $25K in travel expenses to a financialy strapped online editorial magazine?
5 posted on 03/04/2004 4:26:09 AM PST by joebuck
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To: longtermmemmory
I guess this fits the liberal motto, "always throw good money after bad." Should make them happy that tax dollars are finally involved in the Salon.com mess.

I don't know why they're still in business.
6 posted on 03/04/2004 4:33:37 AM PST by Hillarys Gate Cult (Proud member of the right wing extremist Neanderthals.)
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To: longtermmemmory
Guesses on other threads say that rich liberals want to keep Salon around until the election, then let it die. Salon still spends more than it makes from subscriptions. I don't know how their creditors haven't come after them by now, it's not like they're going to come back.
7 posted on 03/04/2004 4:58:03 AM PST by Hillarys Gate Cult (Proud member of the right wing extremist Neanderthals.)
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To: Hillarys Gate Cult
That's not the White House Travel Office's money, IT'S OUR TAX MONEY.

Make the scum pay in full, selling off servers, etc. if need be!
8 posted on 03/04/2004 5:08:23 AM PST by Fierce Allegiance (John Kerry encouraged the losers who spit on my uncle returning from Viet Nam. He is a scumbag!)
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To: joebuck
Better yet, why is the White House fronting $25K in travel expenses to a financialy strapped online editorial magazine?

They have too much money.......we deserve another tax cut.
9 posted on 03/04/2004 5:35:40 AM PST by PeterPrinciple
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Comment #10 Removed by Moderator

To: Hillarys Gate Cult
Death to Salon.
11 posted on 03/04/2004 6:03:39 AM PST by Drango (Liberals give me a rash that even penicillin can't cure.)
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To: Drango
BTT.
12 posted on 03/04/2004 1:06:13 PM PST by Hillarys Gate Cult (Proud member of the right wing extremist Neanderthals.)
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