Tuesday, 29 September 2009
Obama and CONgress to take over News Organizations with Bailout
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They did it with the Auto industry, they did it with the Banks, they did it with our Gas and Energy, they are trying with Healthcare and now Obama and the New World CONgress have their sights set on the Newspapers. Senate bill S.673 (in the House of Rep. as H.R. 3602) introduced by Sen. Ben Cardin ( D - Md. ) also called the "Newspaper Revitalization Act," would give the papers an opportunity to restructure as and “not for profit” and not pay income tax.
I'm certain that for this wonderful priviledge of not paying taxes the government will want a 'voice' in deciding what is printed and perhaps even a seat on the board of directors... hell, why not make it a co-editors position.
In addition to CONgress not getting the message from the American people, "STOP SPENDING!", this bill begins to give the government unfettered control of what is supposed to be a free societies most powerful means of exposing and stopping bad government.
This bill if passed would mean that honest journalism is dead. In case you think the government would not possibly use this as a stepping stone to full control of the information and news you get daily consider the following statements that President Obama told the Toledo Blade.
"Journalistic integrity, you know, fact-based reporting, serious investigative reporting, how to retain those ethics in all these different new media and how to make sure that it's paid for, is really a challenge," Mr. Obama told the Toledo Blade. "But it's something that I think is absolutely critical to the health of our democracy."
The President whined,
"I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding," he said.
Hmmm.... and who would have the most to gain or lose with truthful news and opinions on the blogosphere? Dear Leader Obama and the New World CONgress of course.
Keep on spinning the news Dear Leader... we still ain't buying and hopefully you'll get dizzy.
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