The journalistic newspapers have found a new business model! It involves begging the President to either:

  • A. criminalize the Internet, or
  • B. monetarily reward the newspapers, with American currency, for their Stockholm syndrome in broadsheet prisons of their own creation.

Every few months Robert Gibbs bothers to respond by asking them why they think anyone on Earth, much less the President, would give them money. WELL: today the newspapermen received a thrilling categorical "dunno, give it a shot?"

Hear ye, hear ye, read all about it:

"The president said he is 'happy to look at' bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses.

'I haven't seen detailed proposals yet, but I'll be happy to look at them.'"

The "Newspaper Revitalization Act" would give money to newspapers who restructure as non-profits. It has like two supporters in the Senate, but the sky is the limit after they write the inevitable Huffington Post blog post arguing for the necessity of the newspaper bailout.

[The Hill]


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