Reuters, in their infinite wisdom born of new-age European socialism, thinks it’s a GOOD idea for the U.S. Agovernment to Bail Out bankrupt newspapers:
NEW YORK (Reuters) – Connecticut lawmaker Frank Nicastro sees saving the local newspaper as his duty. But others think he and his colleagues are setting a worrisome precedent for government involvement in the U.S. press.
Nicastro represents Connecticut’s 79th assembly district, which includes Bristol, a city of about 61,000 people outside Hartford, the state capital. Its paper, The Bristol Press, may fold within days, along with The Herald in nearby New Britain. That is because publisher Journal Register, in danger of being crushed under hundreds of millions of dollars of debt, says it cannot afford to keep them open anymore.
Nicastro and fellow legislators want the papers to survive, and petitioned the state government to do something about it. “The media is a vitally important part of America,” he said, particularly local papers that cover news ignored by big papers and television and radio stations.
Of course legislators want newspapers to survive; newspapers are the best friends liberals ever had.
To some experts, that sounds like a bailout, a word that resurfaced this year after the U.S. government agreed to give hundreds of billions of dollars to the automobile and financial sectors.
Okay, let’s see: (1) Newspapers failing, (2) government steps in with money, (3) Newspapers saved. How is this NOT a bailout???
Relying on government help raises ethical questions for the press, whose traditional role has been to operate free from government influence as it tries to hold politicians accountable to the people who elected them. Even some publishers desperate for help are wary of this route.
“You can’t expect a watchdog to bite the hand that feeds it,” said Paul Janensch, a journalism professor.
The lifeline comes as U.S. newspaper publishers such as the New York Times, Tribune and McClatchy deal with falling advertising revenue, fleeing readers and tremendous debt.
Many media experts predict that 2009 will be the year that newspapers of all sizes will falter and die, a threat long predicted but rarely taken seriously until the credit crunch blossomed into a full-fledged financial meltdown.
“The whole idea of the First Amendment and separating media and giving them freedom of control from the government is sacrosanct,” said Digby Solomon, publisher of Tribune Co’s Daily Press in Newport News, Virginia.
If this nimrod gets his way, the First Amendment will be a thing of the past. Newspapers need to look at the deeper problems of why their revenues are falling. There is a HUGE crisis of confidence about the media generally, and newspapers are leading the charge. New York times reporter Jason Blair, who filed overseas dispatches without ever leaving Queens. Publisher Pinch Sulzberger, who couldn’t write a fair or impartial editorial if his life depended on it. Blatant leftist support and bias — the Washington Times is calling the rockets raining down and killing Jews “nuisance rockets.”
Yep – it sure was a nuisance when MY Grandma died — i can sure say that.
Nuisance – yeah, that’s what it was. Yeah.
Newspapers are dead. Bailing them out will just make them state organs for the Liberal agenda (which really is what they’ve been for years – it just formalizes the equation.)
And the fact that this liberal meathead thinks there’s nothing wrong with that is terrifying to me. Is he trying to tell me this will have no effect whatsoever on the way newspapers report the news? OF COURSE IT WILL. These are the same lawmakers who are pusing for a return of the “Fairness Doctrine” in an attempt to muzzle conservative talk radio.