A Democrat seeks to salvage the propaganda arm of the Democratic Party:
With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks….
A Cardin spokesman said the bill had yet to attract any co-sponsors, but had sparked plenty of interest within the media, which has seen plunging revenues and many journalist layoffs. Cardin’s Newspaper Revitalization Act would allow newspapers to operate as nonprofits for educational purposes under the U.S. tax code, giving them a similar status to public broadcasting companies. Under this arrangement, newspapers would still be free to report on all issues, including political campaigns. But they would be prohibited from making political endorsements.
Yeah, because it’s the endorsements that are the problem… prohibiting the op/ed sections would be more credible. I have no doubt whatsoever that the media is EXTREMELY interested in this bill, as it’s one of the few things they’d actually like better than a public-funded sports stadium. Of course, journalists are far too short-sighted to understand that the passage of this act would cause half the country to go from merely holding them in contempt to full-blown, outright hatred.
Although I suppose that the national media has been little more than the federal government’s PR agency for the last three decades, so at least this would put it all right out in the open for everyone.