National Public Newspaper or Public Newspaper System?

[genlock]

By Thomas Ferraro

WASHINGTON (Reuters) - With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.

"This may not be the optimal choice for some major newspapers or corporate media chains but it should be an option for many newspapers that are struggling to stay afloat," said Senator Benjamin Cardin.

A Cardin spokesman said the bill had yet to attract any co-sponsors, but had sparked plenty of interest within the media, which has seen plunging revenues and many journalist layoffs.

Cardin's Newspaper Revitalization Act would allow newspapers to operate as nonprofits for educational purposes under the U.S. tax code, giving them a similar status to public broadcasting companies.

Under this arrangement, newspapers would still be free to report on all issues, including political campaigns. But they would be prohibited from making political endorsements.

[genlock]

Bought and paid for, just like PBS and NPR.

[fearpeddler]

yay socialism!

[genlock]

The New York Pravda.

The end is near.

[Force Commander]

The end of freedom of the press may be near. If this socialism doesn't stop, it will end the United States (as least what we know as the U.S.).

[Hoosier Daddy]

The end of freedom of the press may be near. If this socialism doesn't stop, it will end the United States (as least what we know as the U.S.).

Are you guys giving out tin foil hats with those bumper stickers?

[fearpeddler]

didnt know foil hats were required... this is PNS... lol i can see it now...