Lee Bollinger, president of Columbia University, host to Iranian President Mahmoud Ahmadinejad, and newly appointed head of the New York Federal Reserve Bank, says government should get into the business of subsidizing journalism. Like other Obama appointees, he says he is concerned that, with the changes in the financial structure of journalism, Americans might be deprived “of the essential information they need as citizens.”
It’s not difficult to imagine that one of those “needs” would be a more “balanced” view of President Obama. Can anyone doubt that an administration that was willing to Madoff General Motors’ bondholders in favor of its own union supporters would not exercise maximum bias in subsidizing the press? Mr. Bollinger, practicing the glib and oily art to speak and purpose not, is a harbinger of Venezuelan-style gangster journalism.
Bollinger writes, “American journalism is not just the product of the free market, but of a hybrid system of private enterprise and public support.” It is?
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Read More: By Daniel Oliver, American Spectator