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Reply #2: Would raising rates help..?.. [View All]

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Home » Discuss » Places » Michigan Donate to DU
cyclezealot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-01-09 09:34 AM
Response to Reply #1
2. Would raising rates help..?..
The biggest problem is the likes of newspaper chains such as Gannett are sucking the life out of newspapers, because they can't render a 30% return on investment. More examples of corporate greed....Newspapers are not meant to compete with Chinese labor. They are meant to inform the public of our civic life. Newspapers are traditionally locally owned...Who expects Gannett to be a part of our civic life... Since they are really vampires... So, we have no newspapers. Expect our politicians to flourish , since there will be no oversight of their potential public corruption.
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