This is the largest crisis President Obama will face – how to keep his slavishly devoted MSM alive through the 2012 election:
The Star Tribune, saddled with high debt and a sharp decline in print advertising, filed a Chapter 11 bankruptcy petition Thursday night.
Minnesota’s largest newspaper will try to use bankruptcy to restructure its debt and lower its labor costs.
“Lower its labor costs” translates as “less workers at lower pay”. Who wants to be that the Star Tribune favored increases in the minimum wage in the past and has had a lot of good things to say about unions? Liberalism meets reality, liberalism loses.
As a conservative, I’d normally feel a twinge of regret at the downfall of such elderly institutions – but the reality is that the sooner the MSM is dead and buried, the sooner we can fully restore American liberty and dignity.
