Posted on 01/21/2010 1:58:38 PM PST by GeorgiaDawg32
It is with the greatest regret, on behalf of our Board, that we must announce that Air America Media is ceasing its live programming operations as of this afternoon, and that the Company will file soon under Chapter 7 of the Bankruptcy Code to carry out an orderly winding-down of the business.
(Excerpt) Read more at airamerica.com ...
The DUmmies wanted to run Limbaugh off the air for his Haiti comments... now this. This must be like a horror movie for them.
Good one !!!!!
Supply and Demand. Something hardcore liberals just don’t understand.
Anybody have the Franken Stuart Smally diaper picture. We need to have a nice JPG of what a Whining US Rat Senator looks like.
Glen Beck just announced Air America would cease to exist at 6 pm and that from 5:59 until 6:00 Air America would recap their hi-lites.
This has certainly been a red-letter week for American conservatism.
I’m surprised Obama doesn’t just give them some money from the “stimulus” or TARP slush funds.
Release says Chapter 7. Nothing to resurrect after that.
Title: Air America Sucks Last Breath!
Good question. First thing I would check is to see if they bothered to even think about it in the first place - a lot of people unthinkingly file corporate dissolution papers without ever considering the value left in the corporate shell with the name still attached. Mainly this happens because too few liquidation accountants understand that, for federal income tax purposes, you can “dissolve” a corporation - that is, kill it off - without actually having to file the corporate dissolution papers with the secretary of state.
Too bad, too. There's so much happening these days. I really would like to hear Air America's spin ... er .... take on the Virginia, New Jersey, and Massachusettes elections.
Nah, it's much better this way.
Amazing!
Through that whole verbose statement the word “liberal” was never used.
“Progressive” this and “progressive” that... What cowards!
There excuse:
“The very difficult economic environment has had a significant impact on Air America’s business. This past year has seen a “perfect storm” in the media industry generally. National and local advertising revenues have fallen drastically, causing many media companies nationwide to fold or seek bankruptcy protection.”
Sure, you don’t think free enterprise conservative industry is going place ads with liberal losers!
6. Kaine gets the smackdown in Virginia. Woot!
the Clean Air Act has produced another positive result.
If you ever had the misfortune to listen to any of their programming it was not funny, in poorest of taste, illogical, often perverted and nonsensical. what a bunch of TOTAL losers. I am quite surprised that these liberal fools didn’t hang themselves on air. Losers...slink away. Not only do you not like your selves, no one else likes you.
From DU:
“I cannot believe there isn’t some liberal billionaire out that doesn’t invest in Progressive Radio. It makes no sense to me - maybe someone could explain it to me.
“This is all we have. Why do the repigs own the radio stations?”
They just don’t understand capitalism, do they? LOL!!
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