Newspapers as nonprofits

Sen. Benjamin Cardin (D-MD) proposes legislation to allow struggling newspapers to operate as nonprofits similar to public broadcasting stations. Revenues would be tax-exempt and they wouldn't be allowed to make political endorsements. Sounds like a workable idea, but I wonder if it could be executed in the real world.

The mainstream newspapers are so saturated with liberal reporters and journalists that it'll be near impossible for a nonprofit newspaper to be unbiased politically.

And even if this doesn't sound like a true bailout in the Wall Street sense, it's still going to impact the taxpayer's wallet. These newspapers are struggling because nobody wants to read them. By allowing them to become nonprofits, they still need money to operate, and without enough subscribers, that's still a problem. Then what? Will the government subsidize them then?

In today's tough economic time about every business is struggling, but not every one of them is asking for help. The newspaper business is like any other business. If you cannot turn a profit to stay in business by conserving cash and evolve your business model, you may not deserve to be in business considering there are no consumers.

Obama campaign predicts landslide victory

Apparently Obama and his team believe they can win in a landslide on November 4. Latest polls have Obama in a five-point advantage over McCain. Many swing states are turning blue.

The Obama campaign has confidence in the new registered Democratic voters turning out on election day.

Hopefully the McCain campaign ground troops are aware of this.

Obama's secret (unbuilt) garden

The Illinois attorney general is probing a state grant for a botanic garden awarded by then-state Sen. Barack Obama. Evidently the $100,000 was never spent on building the garden. Portions of the money were given to people and organizations with ties to Obama's congressional campaign.

Obama asked for delayed troop withdrawal

Since the beginning of Obama's campaign (which is when he became a junior senator), he has made an issue with withdrawing U.S. troops in Iraq. He wanted them to come home immediately, no matter the cost to Americans and to Iraqis. But according to Amir Taheri of the New York Post:

Obama has made many contradictory statements with regard to Iraq. His latest position is that US combat troops should be out by 2010. Yet his effort to delay an agreement would make that withdrawal deadline impossible to meet.

Supposing he wins, Obama's administration wouldn't be fully operational before February - and naming a new ambassador to Baghdad and forming a new negotiation team might take longer still.

So while in Iraq, Obama actually "demanded" that the withdrawal of troops be delayed until the election is over and a new administration takes office! What was he trying to pull? Did he want to be the Commander-in-Chief, if elected, to bring home the troops so he'd look good?

More evidence that this man is manipulative and dangerous. He will step over anyone and say anything to have power.