Senator proposes nonprofit status for newspapers
By LARRY MARGASAK
WASHINGTON (AP) — Struggling newspapers should be allowed to operate as nonprofits similar to public broadcasting stations, Sen. Benjamin Cardin, D-Md., proposed Tuesday.What about CNBC? Are they next?
Cardin introduced a bill that would allow newspapers to choose tax-exempt status. They would no longer be able to make political endorsements [yeah, right!], but could report on all issues including political campaigns.
I received this comment on 3/26/09 in response to one of the stories posted on 3/25/09.
Give some credit where it is due... The markets like what the administration is doing. Of course You'll never publish this quote, because the administarator [sic]is a giant _____ who can't take an alternative point of view. Not that anyone reads this piece of ____ blog anyway.I chose to post it like this for two reasons:
1) I wanted to delete the swear words (Why can't libs discuss anything? Instead, they get all emotional.)
2) I don't know which post this comment was aimed at...