Congress to Bail Out Ailing Newspapers?
Original post made by Sun and Sand, Embarcadero Oaks/Leland, on Mar 27, 2009
I'm not sure how I feel about this. On the one hand, there is a real paucity of really excellent reporting on the national level - both in print and the electronic media. However, this bill is aimed at small local newspapers, because there is a fear that those papers will disappear over time.
What's puzzling about this is that small, local papers are actually better positioned to survive the Internet's disintermediation than the large national chains, because small locals bring the kind of news that only local reporting can provide.
Keeping small papers from editorializing, as this bill promises to do if passed, would be of virtually no consequence, because small local and large daily newspapers are effectively editorializing anyway, in the choice of their news output, what they decide to cover, etc. etc.
I really don't want my tax dollars going to support yet another enterprise sector that has failed to adapt! Steel, Auto's, Banks, noe newspapers?? What's next? the plumber?