Saturday, May 16, 2009

Ink-stained Retching

The Wall Street Journal: 'President Obama deserves credit for finally identifying an industry he doesn't want to rescue -- ours. Pressed about a bailout for struggling newspapers, White House Press Secretary Robert Gibbs said last week that while it's sad for cities to lose their daily papers, any public assistance "might be a tricky area to get into." He added, "I don't know what, in all honesty, government can do about it."

That wisdom apparently doesn't extend to Massachusetts Senator John Kerry, who held a hearing on the future of newspapers -- and how the federal government can help...

Mr. Kerry is especially worried about the Boston Globe, which admires him greatly and was recently threatened with closure in a showdown between unions and its owner the New York Times Co.'