Monday, September 21, 2009

Bail out for news organizations?


The president said he is "happy to look at" bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses.

"I haven't seen detailed proposals yet, but I'll be happy to look at them," Obama told the editors of the Pittsburgh Post-Gazette and Toledo Blade in an interview.

Sen. Ben Cardin (D-Md.) has introduced S. 673, the so-called "Newspaper Revitalization Act," that would give outlets tax deals if they were to restructure as 501(c)(3) corporations. That bill has so far attracted one cosponsor, Cardin's Maryland colleague Sen. Barbara Mikulski (D). More here:

Oh hell yes, Obama. Give my tax money to everyone trying to bankrupt America. Plenty of money for illegal aliens. Plenty of money for "Stimulus." Plenty of money for "Healthcare." Plenty of money for ACORN. Plenty of money for every communist with a fur hat ... but the war on terror? Ohhhh, that's a BIG problem, right, jackass?

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