Decline of Newspapers - Obama bailout?

The slow, painful death of the newspaper is old news and for several years opinion on how to resurrect the art of traditional journalism have been torn amongst commentators in the industry. But this clip from CNN has brought a new refreshing angle to the debate, albeit from the other side of the pond.

President Obama recently pledged billions to the ailing car industry, described by the US government as a 'national institution.'

Well, newspapers have been around longer than cars, they've served the American public just as reliably, and they aren't drastically damaging the O-zone. Journalism is in dire straits, so come on Barack, let's have a bailout. Spark a trend - before it's too late.

I have no doubt that Gordon Brown will quickly follow suit. After all, if America does it then it must be right.