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Entries in Murdoch (1)

Thursday
Dec032009

Waxman says government has ‘to be involved’ to help media: a horror story

During hearings on Cap and Trade in April, Rep. Henry Waxman (D-Calif.) told former speaker of the House Newt Gingrich, "You gotta have some threat sometimes—you have to say to incentivize you, we’re going to give you some assistance, but there are going to be consequences." The exchange illustrated Waxman's disdain for Main Street, in the opinion of some conservatives.[Photo of Waxman screen shot/TUSR.]Rep. Henry Waxman (D-Calif.) treads dangerous constitutional waters by declaring “government's going to have to be involved in one way or the other" in order to help struggling media companies. Waxman made that statement, as well as acknowledging such support raises “red flags” when the Federal Trade Commission held a workshop themed on journalism surviving the “Internet Age.”

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