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Old 09-21-2009, 02:09 PM  
KILLER_CLOWN KILLER_CLOWN is offline
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Obama: We Need To Bailout Newspapers To Stop New Media Taking Over

President says preserving “mutual understanding” is critical to democracy

Steve Watson
Infowars.net
Monday, Sept 21, 2009

President Obama has stated that he is happy to consider bailing out the corporate media, expressing concerns that alternative internet based news outlets will grow in popularity as a result of the downfall of newspapers.

Obama told editors of the Pittsburgh Post-Gazette and Toledo Blade that preserving the print media is “critical to the health of our democracy”.

“I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding,” Obama said.

He also indicated that readers should be made to pay for online news content in the near future:

“What I hope is that people start understanding if you’re getting your newspaper over the Internet, that’s not free and there’s got to be a way to find a business model that supports that.” he said.

Over the past year, scores of newspapers have gone out of business or shifted to online only output, due to the rise of the alternative media and the resulting loss of ad revenue. Several large newspaper corporations have filed for bankruptcy, including the Tribune Co., owner of the Chicago Tribune and the Los Angeles Times.

Obama said he “would be happy to look at” legislation aimed at providing newspapers tax-breaks if they were to restructure as 50 (c) (3) educational corporations. Democratic Senator Ben Cardin has introduced a bill in this vain titled “The Newspaper Revitalization Act.”

Critics may point out that, far from being “critical” to democracy, a bailed out government subsidized media is the very antithesis of a “free press”.

Government Banking and Government Motors would effectively be joined by the Government Press if bailouts were to be granted.

Bailing out the corporate media would once again constitute rewarding outdated and failing monopolies with more taxpayer dollars, thus punishing innovative forward thinking competition.

Furthermore, there is absolutely no basis for bailing out the newspapers, given that they employ less than one percent of the labor force in the United States.

The dinosaur corporate media is dying because it has proven itself to be almost wholly untrustworthy, acting as an unquestioning mouthpiece for the establishment.

Denouncing all blog based media as unreliable or without context is laughable in the face of the mainstream media’s recent track record.

http://www.toledoblade.com/apps/pbcs...WS16/909200326

http://www.infowars.net/index.html
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Old 09-21-2009, 02:10 PM   #2
Taco John Taco John is offline
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Another one of these threads?
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Old 09-21-2009, 02:11 PM   #3
KILLER_CLOWN KILLER_CLOWN is offline
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Another one of these threads?
Would you prefer another Health care thread?
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Old 09-21-2009, 02:29 PM   #4
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Monday, September 21, 2009
Dear President Obama: Blogs Fact-Check and Put Stories in Context Much Better than the Corporate Media


President Obama said yesterday:

I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding.

But as Dan Rather pointed out in July, the quality of journalism in the mainstream media has eroded considerably, and news has been corporatized, politicized, and trivialized.

Rather also pointed out that “roughly 80 percent” of the media is controlled by no more than six, and possibly as few as four, corporations. As I wrote in July:

This is only newsworthy because Rather said it. This fact has been documented for years, as shown by the following must-see charts prepared by:

* Media Channel

* The Nation

* Free Press

And check out this list of interlocking directorates of big media companies from Fairness and Accuracy in Media, and this resource from the Columbia Journalism Review to research a particular company.

This image gives a sense of the decline in diversity in media ownership over the last couple of decades:



As I have also documented, there are four major problems with the mainstream reporting:

* Widespread self-censorship by journalists

* Censorship from editors and producers

* Pro-war bias

* Government censorship

(Oh, and also moolah)

Moreover, as I wrote in March:

The whole debate about blogs versus mainstream media is nonsense.

In fact, many of the world's top PhD economics professors and financial advisors have their own blogs...

The same is true in every other field: politics, science, history, international relations, etc.

So what is "news"? What the largest newspapers choose to cover? Or what various leading experts are saying - and oftentimes heatedly debating one against the other?

As blogger Michael Rivero pointed out years ago, mainstream newspapers aren't losing readers because of the Internet as an abstract new medium. They are losing readers because they have become nothing but official stenographers for the powers-that-be, and people have lost all faith in them.

Indeed, only 5% of the pundits discussing various government bailout plans on cable news shows are real economists. Why not hear what real economists and financial experts say?

To the extent that blogs offer actual news and the mainstream media does not, the latter will continue to lose eyeballs and ad revenues to the former.

In reality, the best blogs offer far more fact-checking and context then the mainstream media.

http://www.mediachannel.org/ownership/chart.shtml

http://www.thenation.com/special/2006_entertainment.pdf

http://www.freepress.net/ownership/chart/main

http://www.cjr.org/resources/

http://www.washingtonsblog.com/2009/...-media-is.html

http://www.washingtonsblog.com/2009/...msm-sucks.html

http://www.washingtonsblog.com/2009/...out-blogs.html

http://whatreallyhappened.com/WRHART...q=blogger.html

http://thinkprogress.org/2008/03/06/press-trust-poll/

http://thinkprogress.org/2009/02/12/...imulus-debate/

http://www.washingtonsblog.com/2009/...act-check.html
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"If the people let government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny." - Thomas Jefferson
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Old 09-21-2009, 02:48 PM   #5
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Please tell me that the article in the OP is from The Onion.
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Old 09-21-2009, 02:52 PM   #6
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Quote:
Originally Posted by BY1401 View Post
Please tell me that the article in the OP is from The Onion.
Rest assured that unless the article came from CNN, ABC, NBC, CBS or MSNBC it’s a fake. Or at least racist.
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Old 09-21-2009, 02:57 PM   #7
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