Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Great Newspaper Bailout
Business and Media ^ | 11/5/09

Posted on 11/05/2009 9:52:50 AM PST by FromLori

President who gave us Government Motors now wants to give us Government Media

Executive Summary

A study from the Business & Media Institute

The pattern repeats itself – an industry in chaos, companies going bankrupt, thousands of workers losing jobs. It’s time for government intervention. That’s been the Obama administration’s model for Wall Street, insurance giant AIG and the auto industry. Now it could be the same for the American media. Congress, the Federal Trade Commission and the FCC are all looking at ways to “help” journalism. On Sept. 20, President Obama threw his support to the concept by saying: “I’ll be happy to look at” bills aiding the industry. That fits the Obama mindset, who said in a Sept. 22 interview that big government wasn’t the problem with Wall Street. “We had too little government, too little regulation,” he explained.

There’s no question that the news industry has fallen on hard times. The rise of the Internet, plummeting advertising and more have contributed to a broad decline, especially in newspapers. But even prominent journalists are so desperate to save their profession and their own jobs that they are heedless to the overall dangers inherent in Government Media.

Instead, journalists are working hand-in-hand with left-wing media groups including the Huffingtonpost.com and George Soros-funded Free Press to plan how government can expand its media influence. Both Free Press and American Public Media, which owns and operates 780 public radio stations in the U.S., joined top media experts in an August session on the future of journalism. That event included extensive discussion of ways government could aid the news business, from to tax policy to “direct government subsidies for media.”

With Congress looking into a media bailout, here are some important aspects of the debate that must be considered:

Government Aid = Government Control: As soon as Obama bailed out Detroit, he forced out GM Chairman and CEO Rick Wagoner. The White House also gave majority ownership in Chrysler (55 percent) to the UAW. Wall Street bailouts resulted in overnight government regulation – even salary controls. Government intervention in media gives Obama the same opportunity to control the news. Seven major newspaper chains have gone into bankruptcy. If he uses the same strategies he used for Detroit, that would let Obama control major media outlets across the nation and he could dictate the news. BBC or Pravda, Does It Matter?: Liberal supporters of government involvement argue the U.S. pays less for public media than other major nations. But the liberals have it exactly backward. One cannot have a successful democracy without a free press. Or put it another way, the less government controls the media, the more free the people are. As such, it should be our goal to have the U.S. government pay nothing for public media. Left Wants a ‘PBS on Steroids’: The cornerstone for government involvement in media is more money for public broadcasting. Liberals and media executives want to use the “existing infrastructure” to promote local news media – through public media. These attempts ignore repeated analysis showing the left-wing tilt of public broadcasting. Speaking in front of a left-wing media group, FCC commissioner Michael J. Copps raised the idea of funding a “PBSS – Public Broadcasting System on Steroids.” Liberals Advocate $60 Billion for Government-Funded Journalism: At a time of massive government growth and trillion-dollar deficits, liberal groups are calling for a “bridge” to the future of journalism. They want $60 billion over three years for everything from subscription subsidies to postal “reforms.” Much of that funding would, of course, go to NPR and PBS. The Corporation for Public Broadcasting is slated to get $420 million in the 2010 budget. If all of the new money went to public broadcasting, that would be a more than 4,700 percent increase.

Recommendations

Increasing government involvement in the media is wrong-headed and dangerous. The government is already too involved in media. The 1st Amendment clearly states: “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press.” Getting government more involved in the media – either through regulations or outright funding – would have horrible long-term consequences.

The biases of the traditional media have been long established in numerous studies. Making journalists more beholden to the politicians and government officials they are supposed to cover would further undermine the integrity of the Fourth Estate.

Instead, the Business & Media Institute has several recommendations on the future of journalism:

Just Say No: Journalists have to draw a clear line in the sand and say they neither want nor need help from government. This should include the overt help of direct subsidies and the more subtle forms of aid such as specific tax breaks and antitrust assistance. Trust in the Marketplace: The future of journalism won’t be exactly like anyone envisions it. It will depend on what people want, not what the media elites want, and wants change with time. Readers and viewers might not want news the way it has been traditionally delivered. News organizations need to first focus on ways to make money – online and off. Then, essential areas that aren’t easily funded – such as foreign bureaus – can be aided through nonprofits and foundations. The Media Are Not the Message: The reporting of a free press is essential to a thriving democracy. How that reporting reaches its audience – TV, radio, print, Internet or text message – is inconsequential. Journalists need to recognize that the day of print is changing. Secondary newspapers continue to fold as they have done for decades and some mismanaged larger outlets are closing as well. But just because newspapers die doesn’t mean the news will. The print newspaper is just a vehicle. The information is what is important. Too many in the industry and in government are stuck on the old way of delivering information.

Click Here to Read the Full Report


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: bailout; newspaper

1 posted on 11/05/2009 9:52:51 AM PST by FromLori
[ Post Reply | Private Reply | View Replies]

To: FromLori

Communist destruction of the First Amendment.


2 posted on 11/05/2009 9:54:11 AM PST by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FormerACLUmember

Welcome to National Public Wrag.


3 posted on 11/05/2009 10:00:17 AM PST by Oldexpat
[ Post Reply | Private Reply | To 2 | View Replies]

To: FormerACLUmember

Can you think of a more ingenious way to take over the free press?

Well I guess it is not really an unbiased press anyway. Like in V where the aliens say he cannot ask any questions that would portray them in a negative light our press voluntarily did not ask any pertinent questions and in fact seemed to cover up the truth anyway so I guess other then the part about we will get stuck paying for it but that alone makes me furious.


4 posted on 11/05/2009 10:03:15 AM PST by FromLori (FromLori)
[ Post Reply | Private Reply | To 2 | View Replies]

To: FromLori

How about we get someone in Congress to propose a TAX!

A TAX on NEWSPRINT!

Whereas the production of newspapers causes trees to be cut down, hauled by polluting trucks to polluting paper mills, and hauled from paper mills to publishers and

Whereas the production of newspapers requires toxic ink and solvents and energy wasting machinery and

Whereas the distribution of newspapers requires the use of dirty internal combustion engines and

Whereas a large portion of every landfill is used for discarded newspapers,

Therefore:

Be it resolved that a Newsprint tax, of $1,000.00 per pound, be charged to EVERY newspaper with a daily subscription, within the United States!
________________________________________
We should get some Republican to propose THIS as an amendment to any “cap and trade” or “carbon tax” proposal that comes up!
Maybe we can make it like “Cap and Trade” and use the revenue generated, from this tax on dirty dinosaur newspapers, to subsidize a tax credit for home computers and digital devices?
Or, we could use the money to subsidize talk radio! Well, those guys really don’t need any help!


5 posted on 11/05/2009 10:03:49 AM PST by Kansas58
[ Post Reply | Private Reply | To 1 | View Replies]

To: FromLori
There’s no question that the news industry has fallen on hard times.

The "news industry" has not fallen on hard times. There is more news available to more people than ever before in history. Some outdated methods of news delivery might in jeopardy but the news business is alive and flourishing.

6 posted on 11/05/2009 10:03:52 AM PST by Prokopton
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kansas58

Sounds good but then if we are the ones who have to pay to bail them out then we will just have a bigger bill.

The whole thing sucks.


7 posted on 11/05/2009 10:05:36 AM PST by FromLori (FromLori)
[ Post Reply | Private Reply | To 5 | View Replies]

To: FromLori

And the buggy whip industry is in trouble too !!!


8 posted on 11/05/2009 11:00:39 AM PST by DontTreadOnMe2009 (So stop treading on me already!)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson