Posted on 03/16/2009 6:34:47 PM PDT by paul in cape
House Speaker Nancy Pelosi, worried about the fate of The Chronicle and other financially struggling newspapers, urged the Justice Department Monday to consider giving Bay Area papers more leeway to merge or consolidate business operations to stay afloat.
In a letter to Attorney General Eric Holder, released by Pelosi's office late Monday, the San Francisco Democrat asked the department to weigh the public benefit of saving The Chronicle and other papers from closure against the agency's antitrust mission to guard against anti-competitive behavior.
"We must ensure that our policies enable our news organizations to survive and to engage in the news gathering and analysis that the American people expect," Pelosi wrote.
The speaker said the issue of newspapers' survival and antitrust law will be the subject of a hearing soon before the House Judiciary Subcommittee on Courts and Competition Policy, chaired by Rep. Hank Johnson, D-Ga.
Pelosi's spokesman, Brendan Daly, said the speaker was moved by the recent announcement by the Hearst Corp., the parent company of The Chronicle, that it would be forced to sell or close the paper if it could not achieve major cost-savings quickly. Hearst has said the paper lost $50 million last year and that this year's losses will likely be worse.
(Excerpt) Read more at sfgate.com ...
...
Separated at birth?
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 subsidize a tax credit for home computers and digital devices?
The DNC has beaucoup bucks. Why don’t they bail out their propaganda rags?
Nan is deeply saddened.
PRAVDA USA needs financial support.
Where’s that media deathwatch guy?
Newspapers are great for birdcage liners, not much else.
I think we all new this was coming.
she proposes to give newspapers some type of local news monopoly?
Someone please point out the section in the Constitution where Congress funds or aids newspapers (or automakers, banks, insurance companies, etc, etc..) Have these people ever read the thing?!
I guess the MSM is “too big to fail”.
No bonuses, and the paperboy has to be paid the same as the CEO
no crisis should be allowed to go to waste.
Ping of interest. To be expected from Pelosi.
Hey, the Examiner is doing fine. They’re hiring.
This is the market at work, Nan. No one reads the Chron any more.
Does Nazi Pelosi include the SF Examiner who backed McCain/ Palin?
Surely she means them too??

“Someone please point out the section in the Constitution where Congress funds or aids newspapers (or automakers, banks, insurance companies, etc, etc..) Have these people ever read the thing?!”
It is right next to the paragraph about how tax dollars are used to fund NPR.
Pelosi wants the failing papers to succeed and SHE will be the arbiter in their favor.
She's a fascist (NAZI, acronym for nationalsozialist)).
Leni
So now Congress is gonna pay for bird cage liner?
That’s pretty good.
The following rich liberals should pool their money and buy the papers if they are so concerned:
The Pelosis
The Boxers
The Feinsteins
Just out of curiosity is Pelosi’s vineyard unionized?
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