I picked this up off of WorldChanging Seattle, though it's originally from The Common Language Project - Fourth Estate Foreclosure: Why we need a National Endowment for Journalism.
All I've been hearing about is how the internet killed the newspaper star. It's true that the inter-tubes are fierce competition in the realm of information delivery. However, while it's easy for bloggers to get the advantage on local issues, it's not as if they have the money to pay for investigative or international journalism. And for some reason, that's what always gets cut first... by, as Mr. Stonehill points out, the newspaper's parent corporation board of directors. Ah, sound business sense at it's finest.
Who knows? Maybe President Obama [:D] will find a little money left over to bolster one of the cornerstones of a modern democracy: high-quality journalism.
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