Air America Pretty Much Just Paid Advertising For Democrats
Advertising that’s paid for, unfortunately, by the liberal radio network’s creditors.
It’s hardly a coincidence that Air America debuted in time for the 2004 presidential campaign or that the bankruptcy filing was put off long enough so that creditors actions won’t stop broadcasts before the Nov. 7 election. As if the willingness to lose money weren’t already obvious, over a year ago the network started asking listeners to donate money to keep the programs on the air.
Air America merely follows a grand tradition of circumvention by the very people who have supported campaign-finance regulation. George Soros donated millions to help pass McCain-Feingold, but was quick to work around it so that his big dollars could keep flowing. During the 2004 presidential campaign,Mr. Soros was prohibited from giving money directly to his preferred candidate, Howard Dean, so he gave $15 million to MoveOn.org so that it could raise the money for Mr. Dean.
The big innovation for Air America was using the bankruptcy laws to turn non-Democrats into involuntary campaign donors. Not only are Democratic “investors” out in the cold, but landlords, limo services, law firms, stations that sold Air America air time and state governments are owed money. Apparently, the network still owes the Gloria Wise Boys and Girls Club, a New York City program for poor kids, a whopping $875,000 — money that was transferred from the club by its former director. But even while these people are being stiffed, since the bankruptcy Air America’s founders brazenly announced they are starting a new left-wing radio network.
Read the whole thing.
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