Wednesday, December 02, 2009

Govt will need to help shape U.S. media: Waxman

This is not good;

From Reuters;

WASHINGTON- A top Democratic lawmaker predicted on Wednesday that the government will be involved in shaping the future for struggling U.S. media organizations.

House Energy and Commerce Committee Chairman Henry Waxman, saying quality journalism was essential to U.S. democracy, said eventually government would have to help resolve the problems caused by a failing business model.

Waxman, other U.S. lawmakers and regulators are looking into various options to help a newspaper industry hurt by the shift in advertising revenues to online platforms.

Ok, Mr. Waxman, first, we are a "Republic", second, we the people, are sick and tired of you commie lawmakers "bailing" everything and everyone "out". Stop Spending My Money!!! What say you out there?
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