In addition tooutdated business models, another reason people turn to blogs for news is that bloggers tend to beindependent thinkers; and most do not charge a fee with the exception of proprietary materials. On the other hand, the news media tends to be biased towardsliberalandsocialistic ideals, which is one constituent group of Obama, and theDemocratic Party. In addition, many news organizations are starting tocharge a feefor internet content. It shouldn’t be a surprise which one the public flocks to in this economy.
As much as the West, with the U.S. being the most vocal, has been condemningChinafor its media censorship, one could not help but sense a whiff ofmedia controlandcensorshipin the President’s remark.
As a nation, we do not need anotherbailout of incompetent businesses. Bailouts and restructuring into non-profits, as suggested by Obama, only guarantees the continuation of a proven failed business model. This strategy would only undermine the already tenuous nature ofobjective journalistic integrityand move the U.S. one step closer towards the much despisedcontrolled marketapproach.
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