These leftwing yellow rags deserve to go out of business. They are guilty of criminal conduct. There is a coup on the constitution and they won't report on it. There is blatant criminal activity between Obama and ACORN - and they won't report on it.
In the greatest act of perfidy, they did not vet the candidate when the American people rely on our media to maintain some journalistic standard (ha!) and vet our politicians.
The leftwing media will be government run? This is a socialist Democrat proposal. This party is evil. They must be stopped. Notice all the newspapers mentioned in this article are left wing tools of the Democrat party.
WASHINGTON (Reuters) - With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.
"This may not be the optimal choice for some major newspapers or corporate media chains but it should be an option for many newspapers that are struggling to stay afloat," said Senator Benjamin Cardin.
A Cardin spokesman said the bill had yet to attract any co-sponsors, but had sparked plenty of interest within the media, which has seen plunging revenues and many journalist layoffs.
Cardin's Newspaper Revitalization Act would allow newspapers to operate as nonprofits for educational purposes under the U.S. tax code, giving them a similar status to public broadcasting companies.
Under this arrangement, newspapers would still be free to report on all issues, including political campaigns. But they would be prohibited from making political endorsements.
lol. Their mere continued existence is a political endorsement.
Advertising and subscription revenue would be tax exempt, and contributions to support news coverage or operations could be tax deductible.
The failure of these newspapers long preceded this Democrat created economic crisis. The New York Times is textbook failure.
"We are losing our newspaper industry," Cardin said. "The economy has caused an immediate problem, but the business model for newspapers, based on circulation and advertising revenue, is broken, and that is a real tragedy for communities across the nation and for our democracy.
Newspaper subscriptions and advertising have shrunk dramatically in the past few years as Americans have turned more and more to the Internet or television for information.
In recent months, the Seattle Post-Intelligencer, the Rocky Mountain News, the Baltimore Examiner and the San Francisco Chronicle have ceased daily publication or announced that they may have to stop publishing.
Good riddance to bad rubbish.
