Wednesday, May 20, 2009

Democrats seek financial rescue of minority-owned broadcasters


Washington - High-ranking House Democrats are urging the Treasury Department to prop up minority-owned broadcasters suffering from a lack of capital and lost advertising revenue amid the economic slump. House Majority Whip James Clyburn (D-S.C.) is leading an effort to convince Treasury Secretary Timothy Geithner to take “decisive action” by extending credit to this sector of the broadcasting industry. More... Discount Magazine Subscriptions - Discount Cigarettes and Tobacco - Nutty News Today Marketplace - Drs. Foster and Smith