Day By Day

Sunday, September 20, 2009

Another Obama Takeover?

From The Hill:

Obama open to newspaper bailout bill

By Michael O'Brien - 09/20/09 04:24 PM ET
The president said he is "happy to look at" bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses.

"I haven't seen detailed proposals yet, but I'll be happy to look at them," Obama told the editors of the Pittsburgh Post-Gazette and Toledo Blade in an interview.

Read it here.

Great! Government-subsidized newspapers. Just what we need!