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#1 Gov't/News Merge Urged By Congress Critter.
12-03-2009, 12:36 PM
Struggling media will need government help: US congressman
Dec 2 04:35 PM US/Eastern
The newspaper industry is suffering "market failure" and the government will need to help preserve serious journalism essential to democracy, an influential US congressman said Wednesday. "The newspapers my generation has taken for granted are facing a structural threat to the business model that has sustained them," said Representative Henry Waxman, a Democrat from California.
"The loss of revenue has spurred a vicious cycle with thousands of journalists losing their jobs," he told a meeting on journalism in the Internet age hosted by the Federal Trade Commission (FTC).
Waxman, who chairs the House Committee on Energy and Commerce, which has jurisdiction over the FTC, said the "depression in the media sector is not cyclical, it is structural."
"While this has implications for the media it also has implications for democracy," he added. "A vigorous free press and vigorous democracy have been inextricably linked.
"We cannot risk the loss of an informed public and all that means because of this market failure," he said.
Without endorsing any proposals, Waxman noted various proposed remedies, including new tax structures for publishers, providing non-profit status, changing anti-trust regulations or eliminating a law that bars owning a newspaper and a television station in the same city.
Acknowledging that talk of government support for the press raises "red flags," Waxman stressed it is not the job of Congress to "deny the evolution of media."
But "as we look at these various solutions, government's going to have to be involved in one way or the other," he warned.
Breitbart
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12-03-2009, 12:58 PM
"Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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12-03-2009, 01:06 PM
Originally Posted by Idiot Waxman
Voted hottest "chick" at CU - My hotness transcends gender
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12-03-2009, 01:32 PM
Exactly. We're at a time when newspapers have to reinvent themselves or die. The Washington Times is in the process of doing both. It's laid off almost half its staff and will be a free giveaway at a few downtown locations.
"Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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12-03-2009, 01:50 PM
I'm thinking of starteing a telegraph business. I demand gov't intevention. We cannot allow the telegraph to fail!
Education without values, as useful as it is, seems rather to make man a more clever devil.
C. S. Lewis
Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
Ayn Rand
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12-03-2009, 01:54 PM
Liberal critters like Waxman should take a dose of their own medicine to include tax breaks for small business . You know, the ones that create 75% of the jobs.
Liberal newspapers that print mostly biased news are failing because readers do not want to read their crap. Let them fail if they can not adapt. That's what happens to other segments of the economy.
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12-03-2009, 02:29 PM
"Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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12-03-2009, 02:52 PM
But the slant is whatever the Boomer authority perspective says it is and this is coincidentally usually whatever the public schools and government outreach agencies are also preaching. Let's face it, the Boomers are The Man at this point in time. When you question authority today, you are automatically questioning mainstream Boomer views and this is all NPR and PBS run.
News "papers" have run their course. News agencies still have a lot to offer. The beauty of the Internet is that the reader isn't confined to one major viewpoint driven by demographics. Neither NPR nor PBS should get public funds, let alone other media outlets.
Why should I subsidize some white, middle-class Boomer's unflagging interest in racial guilt, social justice, and sex over 60? :p
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12-03-2009, 02:56 PM
"Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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