6 May, 2009
Not in the cards
No bailout for newspaper industry: White House
The White House on Monday expressed "concern" and "sadness" over the state of the ailing US newspaper industry, but made clear that a government bailout was not in the cards.
"I don't know what, in all honesty, government can do about it," White House spokesman Robert Gibbs told reporters. "That might be a bit of a tricky area to get into given the differing roles."
Gibbs was responding to a reporter who asked what the White House thought about the recent closure of several US newspapers and a threat to shut down the venerable Boston Globe.
"Obviously (President Barack Obama) believes there has to be a strong free press," the spokesman said. "I think there's a certain concern and a certain sadness when you see cities losing their newspapers or regions of the country losing their newspapers."
US newspapers have been grappling with a steep drop in print advertising revenue, steadily declining circulation and the migration of readers to free news online.
A US senator recently introduced legislation aimed at helping US newspapers by giving them tax breaks as non-profit organizations, an arrangement similar to that enjoyed by public broadcasting outlets, which survive on tax-deductible contributions from listeners. Advertising and subscription revenue would be tax exempt and contributions to support coverage or operations would be tax deductible.
story & photo courtesy of - breitbart.com
For he has rescued us from the kingdom of darkness and transferred us into the Kingdom of his dear Son, who purchased our freedom and forgave our sins.
What does today's God's Story scripture teach us about bailouts?
In the Kingdom of the Son we all get a bailout, in the kingdoms of the world politicians pick and choose who is shown grace and who is not. God's grace is universal and unconditional, the grace of governments is narrow and conditional. The borders of God's Kingdom are always open to anyone seeking rescue, governments build walls, fences, and protect their borders with armored tanks and attack dogs. God sent his son Jesus to set captives free, heal the sick, care for the widow and orphan, show love to tax collectors, prostitutes, and sinners, while governments favor the wealthy, healthy, and powerful. God gave up his own Son for our salvation and redemption, governments have never and will never be capable of such profound sacrifice.
To which Kingdom would you rather belong?
If you are a citizen of the Kingdom of God, if you've been rescued from the kingdoms of darkness that rule this world, than you are an ambassador of God's holy nation in a world of sinful empires. May we all embrace this opportunity, may we share with others the same freedom and forgiveness that has been given to us by God.
- Bailout someone today. Forgive a wrong, show love to an enemy, bring God's grace to life.
- Ask your friends, "which businesses or organizations would you bailout if you were president?"
- Talk with your friends about the differences between the "Kingdom of the Son" and the kingdoms of the world.
- May 2012 [14]
- April 2012 [19]
- March 2012 [21]
- February 2012 [19]
- January 2012 [18]
- December 2011 [20]
- November 2011 [15]
- October 2011 [15]
- September 2011 [14]
- August 2011 [22]
- July 2011 [19]
- June 2011 [21]
- May 2011 [20]
- April 2011 [20]
- March 2011 [21]
- February 2011 [20]
- January 2011 [21]
- December 2010 [21]
- November 2010 [21]
- October 2010 [21]
- September 2010 [22]
- August 2010 [21]
- July 2010 [22]
- June 2010 [20]
- May 2010 [18]
- April 2010 [20]
- March 2010 [23]
- February 2010 [19]
- January 2010 [22]
- December 2009 [22]
- November 2009 [21]
- October 2009 [22]
- September 2009 [21]
- August 2009 [20]
- July 2009 [21]
- June 2009 [22]
- May 2009 [18]
- April 2009 [15]
- March 2009 [7]
- February 2009 [17]
- January 2009 [20]
- December 2008 [23]
- November 2008 [19]
- October 2008 [22]
- September 2008 [22]
- August 2008 [19]
- July 2008 [22]
- June 2008 [11]
- May 2008 [19]
- April 2008 [22]
- March 2008 [21]
- February 2008 [18]
- January 2008 [20]
- December 2007 [18]
- November 2007 [15]
- October 2007 [19]
- September 2007 [18]
- August 2007 [12]
- July 2007 [12]
- June 2007 [9]
- May 2007 [11]
- April 2007 [10]
- March 2007 [11]
- February 2007 [14]
- January 2007 [7]
- December 2006 [4]
- November 2006 [13]
- October 2006 [17]
- September 2006 [11]
- August 2006 [16]
- July 2006 [10]
- June 2006 [3]
