Is Obama Open to Newspaper Bailout?

President Barack Obama was interviewed recently by the Toledo Blade / Toledo Times website/newspaper. The topic of discussion was the flailing and struggling that’s taking place in the print newspaper industry.

In the interview, the discussion started heading towards the idea of a potential government bailout or other options for the newspapers. President Obama said he hadn’t seen any detailed proposals, but would be open to options to help the struggling papers.
We’re advancing technology right? Why do we need to support an industry that doesn’t need to be saved? I believe the reason they’re failing is because the newspapers haven’t …read more