Are Newspapers Next

[Towntalk]

Obama open to newspaper bailout bill

http://thehill.com/blogs/blog-briefing-room/news/59523-obama-open-to-newspaper-bailout-bill

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.

OBAMA: "I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding."