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  • Obama Looking To Bail Out Newspaper Industry

    09/20/2009 5:24:14 PM PDT · by Shellybenoit · 36 replies · 1,921+ views
    Toledo Blade/The lid ^ | 9/20/09 | The Lid
    With the federal treasury facing insolvency what industry do we help next? Well lets see, how about the public relations arm of the Democratic party, the newspaper industry. That way when our Taxes go even higher they can tell us that it is a great idea. Today the President said that he would be happy to look at the Senate proposal allowing papers to restructure as non-profit organizations. Non-Profit may describe a newspaper's balance sheet, but it should not describe its tax status, unless of course, if Senator Benjamin Cardin( D-Md.) gets his way. The Senator introduced a bill on...