HEAVEN HELP US ALL, LOOK AT WHAT THEY ARE DOING NOW!
High-ranking House Democrats
(DON'T MISS THEIR NAMES..LORD ONE IS A GUY NAMED...Edolphus) 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 (A TOTAL DORKASSFOOL WHO HAS PROVEN TO THE NATION HE IS COMING UP WAY SHORT IN THE BRAINS DEPARTMENT) to take “decisive action” by extending credit to this sector of the broadcasting industry.
Clyburn and other senior members, including House Financial Services Committee Chairman Barney Frank (D-Mass.) (KILL ME NOW..THE BARNEY FRANK WHO NEVER MET A FANNY HE DIDN'T LOVE) and Ways and Means Committee Chairman Charles Rangel (HEY CHUCK PAY YOUR DANG TAXES OK?) (D-N.Y.), argue that minority-owned broadcasters are sound businesses, but that the recession could undermine the government’s efforts to diversify the airwaves. (DID THEY SAY THE GOVERNMENT'S EFFORTS? I THOUGHT WE WERE THE GOVERNMENT AND IF WE ARE WE COULD GIVE A RAT'S SOUTHBOUND IF THESE STATIONS GO BELLY UP TOMORROW!)
A number of members from the Congressional Black Caucus
signed the letter, too. (WOW I AM SO SHOCKED!..NOT!)“While many jobs are at stake, a more important principle — the government’s fundamental interest in promoting a diversity of voices, including service to underserved communities — is severely threatened,” (HECK, I THOUGHT THE GOVERNMENT WAS HERE FOR NATIONAL DEFENSE..NEVER KNEW IT WAS TO PROMOTE DIVERSITY? LIVE AND LEARN!) the members write in a draft of a letter that was scheduled to be sent Tuesday.
The letter comes as some of the biggest recipients of government bailout money, including JPMorgan Chase & Co., Goldman Sachs and Morgan Stanley, jockey to repay government bailout money. As banks seek a way out from the government’s restrictions, other industries struggle and seek government support. Some firms seeking to repay the government argue that the government’s restrictions have burdened their businesses.
The congressmen suggest the Treasury Department could provide access to capital to minority-owned broadcasters, which they say represent less than 7 percent of full-power radio stations and a “negligible” ownership of television stations. (LORD YES THEY REPRESENT LESS THAN 7 BECAUSE FULL POWER RADIO STATIONS ARE ALL BUILT AROUND THE IDEA OF MAKING MONEY WITH THE EXCEPTION OF THE SEVEN TALKED ABOUT ABOVE!)
“They are looking for continued access to capital to continue their otherwise fundamentally sound operations,” the members write. (HEY MEMBERS IF THEY ARE FUNDAMENTALLY SOUND THEN THEY DO NOT NEED O U R TAX DANG DOLLARS!)
The letter suggests Treasury could set up a credit facility specific to the industry, similar to the government’s efforts to support auto suppliers, or possibly set up a program for bridge financing and government-backed loans until the economy improves. (OR HERE IS A BETTER IDEA OUR TREASURY SHOULD RUN FROM THIS FASTER THAN A MAN TRYING TO CARRY A FLAT SCREEN OUT OF SEARS IN A RIOT!)
“In addition to the credit crisis, also weighing heavily on minority broadcasters is a significant decline in advertising revenues, particularly the loss of automobile advertising,” the congressmen write. (HEY CONGRESSMEN, CAR ADVERTISING IS DOWN AT ALL STATIONS, IF YOU ARE REALLY GOING TO DO THIS SACK OF BULL FECES IDEA THEN LETS SEND SOME CHECKS TO ALL OF THEM!)
The members are asking for a meeting with the Treasury Department and minority-owned broadcast entities and representatives from the National Association of Black Owned Broadcasters. (GOD TO TO HAVE THE FRIED CHICKEN CONCESSION AT THAT MEETING!)
Other members signing the letter are Democratic Reps. Bobby Rush (Ill.), Edolphus (WHERE IN THE HECK DID YOUR MOMMA GET THAT NAME EDOLPHUS?) Towns (N.Y.), Maurice (PLEASE TELL ME YOU ARE NOT THE SAME MAURICE THAT IS THE GANGSTER OF LOVE?) Hinchey (N.Y.), Carolyn Maloney (N.Y.), Maxine Waters (OH NO...SHE IS CRAZIER THAN TWO OUT HOUSE RATS!) (Calif.), Gregory Meeks (N.Y.), G.K. Butterfield (N.C.), Barbara Lee (Calif.), Lynn Woolsey (Calif.) and Bennie Thompson (Miss.)
WE ARE IN SUCH TROUBLE IF THIS KIND OF COW DOO DOO (words Whoopie used on TV to describe a FOX NEWS show host) EVEN GETS A LEG UP LET ALONE PASSES!
FRIENDS and FELLOW AMERICANS PASS THIS ON AND USE IT AS ONE MORE NEEDLE TO REMIND EVERYONE THE ELECTIONS OF 2010 ARE A BIG STEP IN GETTING OUR NATION BACK!
