White House Press Secretary Robert Gibbs had played down the possibility of government assistance for news organizations, which have been hit by an economic downturn and dwindling ad revenue.
They lied, they died. The corporate media's troubles are being blamed on the economy, but the truth is that the public saw the media stand shoulder to shoulder with the government and lie us all onto pointless wars of conquest.
They probably figured that after the victory, nobody would care how the war got started, but the best laid plans "gang aft agley, nn' lea'e us nought but grief an' pain" etc. The wars are disasters; quaqmires that are sucking down money and our children's lives, and the public rightly places much of the blame on a corporate media that abandoned their self-professed role as watchdogs on government abuse.
The corporate media has lost the trust of the public. Lost? Indeed they deliberately cast it away in exchange for a ride on Air Force One. They will not get that public trust back any time soon.
They SHOULD go out of business, as punishment for betraying the public trust.
So of course the government, whose water the media carries, will bail them out with your tax money.