"Minority Broadcasters Seek Federal Aid -"... What About the Rest?

By taking from the so called non minority to give to the so called minority eventually turns the non minority into the minority and vice-versa, why can't everyone simply fend for themselves?

This is the most dangerous path the government can travel down when taking ownership status of even a small percentage of a media outlet. Don't these people know any history at all and what happens when you give up liberty like this?, it's almost impossible to get it back once lost.

Minority Broadcasters Seek Federal Aid

WSJ.com: "WASHINGTON --A group of minority broadcasters asked Treasury Secretary Timothy Geithner Monday for financial assistance akin to the aid that has been extended to the financial and auto industries.


'Minority-owned broadcasters are close to becoming an extinct species,' the letter said. 'Even in better economic times, minority broadcasters have historically had difficulties accessing the capital markets.'


The broadcasters told Mr. Geithner they can bounce back if they are given some temporary assistance while the credit markets are slow. 'Unlike the auto business, broadcasting has been healthy for many years,' their letter said.


The broadcasters appeal follows a proposal sent in May to Mr. Geithner by a group of influential House members asking for a minority broadcaster support program, bridge funding, or government-backed loans."

The broadcasters appeal follows a proposal sent in May to Mr. Geithner by a group of influential House members asking for a minority broadcaster support program, bridge funding, or government-backed loans.

The House letter was signed by House Majority Whip James Clyburn (D., S.C.) and a group of key committee chairmen, including Financial Services Committee Chairman Barney Frank (D., Mass.) Ways and Means Committee Chairman Charles Rangel (D., N.Y.) and Oversight Committee Chairman Edolphus Towns, (D., N.Y.). more

Gee ya think there'll be a long line of handouts for the conservative radio stations around the country who are also being hurt by the downward spike of the economy coupled with higher taxes?

Fat chance of that.

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