tim dobbyn

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Henry Waxman: government intervention to help MSM; far-left Soros group cheers (John Poirier, Tim Dobbyn) - 12/02/09

John Poirier of Reuters offers this (edited by Tim Dobbyn): House Energy and Commerce Committee Chairman Henry Waxman, saying quality journalism was essential to U.S. democracy, said eventually government would have to help resolve the problems caused by a failing business model... Tweaks to the tax code to allow newspapers to spread losses over a greater number of years, providing a nonprofit structure to allow for public and foundation funding, and changes to antitrust laws are being considered by lawmakers and policymakers... [Waxman said] "Eventually government is going to have to be...