Nicodemus
2008-05-19 00:08:52
“The AP is a not-for-profit owned and controlled by member newspapers. I continue to be puzzled why they are letting the AP destroy their businesses . . .”
Why? Because the major newspapers are not profit-oriented businesses either. Despite what they tell the IRS, they are nonprofit political organizations. The New York Times is a case in point. It has been hemorrhaging money for years, but has not reformed itself in response, because profit is not its purpose. Disseminating leftist propaganda to the American people is its purpose, and if the NYT has to lose money hand over fist in order to accomplish that goal, then it will not hesitate to do so.
