Most Telling Sign of Lefty Panic Yet?
The Left's NGO-Media Complex must be gearing up for a Romney administration!
The Ford Foundation awarded a $500,000 grant to the Washington Post to expand its government-accountability coverage, the foundation’s second major grant to a for-profit newspaper this year.
The foundation made its first for-profit newspaper grant to the Los Angeles Times this spring—an award of $1 million to enlarge coverage of local immigration and ethnic communities.
The grants come as newspapers continue to struggle with print revenues declining much faster than digital revenues are growing, forcing closures and job cuts throughout the industry. The Washington Post’s newsroom, for instance, has shrunk to around 600 people today from about 1,000 at its peak in 2000.
The one-year grant to the Post, which is owned by Washington Post Co., will fund four reporters to work on “special projects related to money, politics and government,” under the paper’s investigative unit, according to a memo from Post editors.
“The Foundation’s support enables us to build on one of our central missions, and the terms of the grant give us complete independence,” the editors said.After all, why would they suddenly be interested in "government accountability" 98 days from another four years of Obama?
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