Monday, September 21, 2009

Obama open to newspaper bailout bill

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.
http://thehill.com/blogs/blog-briefing-room/news/59523-obama-open-to-newspaper-bailout-bill
Hopefully this is just wishful thinking on the president’s part; bailing out news organizations would be a colossal mistake! The problem with news organizations today they are to partisan, to bias and give out false information. It’s a wonder more Americans get their news from other sources instead of from traditional news sources. In a previous post for the Pew Research Center reported that just 29% of Americans state that news organizations get the facts straight, our biased and report inaccurate information. The news media needs to get back to reporting the news not making news. A tax payer bailout is out of the question!

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