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Wednesday, September 23, 2009
Michael Reagan :: Townhall.com Columnist
Newspaper Profitability -- Is it Critical to our Democracy?
by Michael Reagan
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Will Congress pass Obamacare by the end of the year?

Today, as you read this column in your favorite newspaper, I hope that you can appreciate the irony of where I am choosing to voice my opposition to President Obama's expressed "happiness" to look at proposals to provide federal funding to help "rescue" the struggling print segment of the Fourth Estate. Just what we need.more of our tax dollars going to pick and choose segments of the public sector that the administration deems worthy of assistance.

Arguing with Idiots By Glenn Beck

I do agree with President Obama when he states that good journalism is "critical to the health of our democracy." While I think we can all agree that the media find maintaining neutrality and hiding biases difficult in many circumstances, one cannot discount their role in keeping this nation's representatives in check and sometimes even holding them accountable for their actions. The essential nature of a free press was so recognized by our Founding Fathers that it was enshrined in the Bill of Rights.

But these views on the importance of journalism in a free society does not mean I am willing to submit or subscribe to the theory that we can abandon the principles of a free market in order to pick and choose select private industries deemed worthy of receiving federal dollars to bolster their chances of surviving the ever-changing marketplace.

Today, many of our nation's longest standing print outlets are struggling to garner advertisers and subscribers. The impact of the challenging economy on advertising budgets and the ease and freshness of online news sources have put traditional newspapers in a challenging position. However, rather than arrogantly assuming government dollars may be the key to their continued viability, we should step back and take note of the countless periodicals that are withstanding these unfriendly challenges to their profitability by exploring new, creative ways to remain viable during times of economic hardship and increasing competition from the online community.

We are not facing the end of the press, but a necessary and perhaps even desirable evolution in the particular form and style of our media sources. Journalism is diversifying, not dying. This is the free market at work.

But this administration and this Congress seem to think that government is the solution -- the only answer. The answer to what? To help struggling financial institutions as well as the auto and newspaper industries gain an advantage? But what industry, what sector is next? Perhaps they should next look at helping revive the now-defunct Arena Football League?

As we look out over our nation as it attempts to climb out from the devastating economic morass of the last 18 months, we can still see so many Americans out of work and countless small business struggling to make ends meet. How can President Obama talk about continued bailouts -- especially one directed toward the media -- when we fail to address the concerns of the small businesses that make up a majority of the jobs in our country? How about targeted tax cuts/rebates for these small businesses instead?

Sadly, it appears to be political. The president seems more concerned about the influence of blogs and other online informational resources on the political process than he does about helping the working families of our nation by being judicious and fair with their tax dollars. He claims that many of the online news options are simply carefree when it comes to the facts. Or perhaps he does not appreciate the online use of facts that is helping to shape our health care debate?

But regardless of his reasoning or intentions, one thing is clear: the use of our tax dollars to bail out the newspaper industry is just one new example of a federal government that is intent on expanding its own power and reach -- all the while trampling on America's traditional notion of capitalism and free markets. Now, that is something worth reporting.

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About The Author
Michael Reagan, the eldest son of Ronald Reagan, is heard daily by over 5 million listeners via his nationally syndicated talk radio program, “The Michael Reagan Show.”
why I cancelled the Inq. in 2004
The Phila. Inquirer does not deserve a bailout. I am one of thousands of former subcribers who cancelled delivery in October of 2004 during the Kerry-Bush campaign.

The Inq. ran a series of 20 or so editorials, one issue per day, "23 reasons to vote for Kerry" (I think it was 23. I dont really remember now)

anyway, I cancelled. I wasnt going to pay for propoganda.

Lots of other people did too.

He who dances pays the Piper
My Opinions: The MSM CHOSE to be "wet on water"
with BO & his minions, including Congress. They are so far out in left field, they are in
orbit! Like all space junk; they'll fall.
Article X of the Bill of Rights (10th
Amendment): "DECLARES THAT POWERS NOT DELEGATED
TO THE FEDERAL GOVERNMENT BELONG TO THE STATES
OR TO THE PEOPLE."
Article IX states: "Confirms that the PEOPLE
also have rights not mentioned in the Constitution. PEOPLE..NOT THE FED. GOV'T!

The 18th Amendment prohibited the sales,
manufacture, or transportation of alcoholic
liquer in the U.S. The 22nd Amendment repealed
the 18th. 2 Amendments for alcoholic liquor.
Take a look at the next paragraph. Is alcohol MORE IMPORTANT THAN:
The Hate Crimes Act, which resulted in a 2-tier system of "EQUAL JUSTICE," (as guaranteed) BY OUR Constition; the Stimulus (which granted $8.5 Billion to ACORN;) bank bail-out, auto bail
out, Cash for Clunkers, the proposed Cap & Trade, and newspaper bail out. Any left out??
NONE OF THOSE DESERVING OF A CONSTITUTIONAL AMENDMENT, WHICH WOULD HAVE TO BE SENT TO THE STATES, FOR THE PEOPLE TO VOTE FOR/AGAINST?AND THE STATES TO RATIFY EACH ONE? Think again!
THIS CONGRESS & 'Resident of the White House' took an oath..a vow..a promise to protect, uphold, defend our Constitution. Do you think
they have lived up to that oath? What does it take to impeach a (p)Resident?
The "9-12ers" & "CanYou Hear Me Now" (multi-million members)and other small groups of thousands won't get burned again...in 2010!
The MSM has been BO's "make-up" man; covering the blemishs / imperfections; make the lighting
right, so there are no unwanted shadows.
If their sales graphs are hitting the tank, I
wouldn't throw them a candy Life-Saver. Let
them sink. They made their choices.
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