Probably when the government pays down the mortgages of delinquent borrowers 100% and then pays for it by selling treasuries to the Fed.
But Wait!.......There's More!!! Kerry Aims to Rescue Newspapers By Jennifer Harper (Contact) | Wednesday, April 22, 2009 Troubled by the possible shuttering of his hometown paper, Sen. John Kerry reached out to the Boston Globe on Tuesday, then called for Senate hearings to address the woes of the nation's print media. "To the Boston Globe family," the Massachusetts Democrat wrote to employees of the 132-year-old publication, which faces closure unless it can come up with $20 million in union concessions to parent company the New York Times by May 1. The Globe is losing $1 million a week. "America's newspapers are struggling to survive, and while there will be serious consequences in terms of the lives and financial security of the employees involved, including hundreds at the Globe, there will also be serious consequences for our democracy where diversity of opinion and strong debate are paramount," Mr. Kerry said. Most newspapers are in similar circumstances as the industry struggles with the worst job losses on record and plummeting revenues. Faced with competition from online and broadcast sources, all papers now seek multimedia ways to deliver their news and monetize their content. "I am committed to your fight, committed to your industry and committed to ensuring that the vital public service newspapers provide does not disappear," Mr. Kerry told the Globe employees. Lawmakers are witnessing the crisis firsthand. Press watchdogs who once prowled Capitol Hill are disappearing, replaced by special-interest publications and foreign news organizations. In February, a study by the Pew Research Center's Project for Excellence in Journalism found that in the past two decades, the number of American news organizations accredited to cover Congress fell by two-thirds - from 564 in 1985 to 160 in early 2007. More cutbacks have been made since then. Washington once hosted 71 newspaper bureaus; now there are 25. Policy-influencing, special-interest publications and foreign newspapers, however, have multiplied. For example, in 1968, there were 160 foreign journalists in Washington. Now there are nearly 800. Mr. Kerry, who has called for Senate hearings on "the future of journalism" to begin May 6, also cited the negative influence of "agenda-driven reporting" and media conglomerates. The new complexities of the marketplace have drawn other interest. Seeking to parse some potential policy solutions, the House Judiciary courts and competition policy subcommittee held a hearing Tuesday addressing fair competition, new business models and other alternatives for the troubled industry. "The decline of print newspapers doesn't mean the decline of journalism. What we need to have for journalism is journalists, and lots of them," testified Ben Scott of the Free Press, a nonpartisan group for media reform. "But we should avoid the temptation to turn to policies that resemble bailouts. We should not relax the antitrust standards to permit further consolidation. The most consolidated newspaper companies are among those in the worst financial shape today," he said. Last month, Sen. Benjamin L. Cardin, Maryland Democrat, introduced the Newspaper Revitalization Act" that would allow papers to operate as nonprofits, prompting many analysts to examine the political implications
As an active life long democrat I can tell you that this is already happening. The dems I know who are in business are shaking their heads and wondering what Obama is thinking and were generally supportive of the tea parties, the other half have morphed from thinking people in to the ditto heads of the left. If I didn't know any better I would swear that Bush and his cronies were still in charge of fixing the credit crisis, saving the bondholders at the expense of future generations of the middle class who have been saddled with crushing debt.
No you just don't get it - we need to reward the crappy banks - that is the only way we can get out of this mess - reward failure!
Until the government become like Micheal Vick. The judge added "You can't be everything to everybody. If you do, you're going to be nothing to anybody."
By the way, why don't we as taxpayers pay our own lobbyist. People vote over the internet on issues and our lobbyist representative has to lobby based on our votes. Fight money with money. It would at least be a start to fighting Wall Street's hold over our representatives at the moment, especially Goldman Sachs.