March 24, 2009
Dangerous Paper Route
In an end around to a newspaper industry bailout, Maryland Senator Benjamin Cardin, a Democrat, would like to begin his first paper route by delivering newspapers from non-profit organizations to the American public.
Today, Cardin introduced the Newspaper Stabilization Act that would allow newspaper organizations to convert from corporation to non-profit status.
Under his proposal, papers would not be allowed to make endorsements for political candidates, but they would still be able to freely report all news including political campaigns.
Oh, great.
The New York Times could continue to be biased for Democratic politicians, and smear Republicans during a Presidential campaign, they just can't blast their endorsement for a candidate on the pages of their newspaper.
In addition, revenues generated from advertising and subscriptions would be exempt from taxes and contributions may be tax deductible.
Awesome.
The Los Angeles Times, as a 501 (c)(3) non-profit organization, could continue to sit on potentially damaging news towards Democrats during a campaign and for their continued support receive millions of dollars from liberal supporters and because of their non-profit status, the United States tax code would allow them to not disclose who is donating money to their organization.
Caution: Danger Ahead.
As if the print media were not already in the liberal tank, the last thing that is needed is to allow these institutions to become like PBS and be pumped with non-transparent money to support left-wing propaganda, forever.