These days, it’s hard to believe that anybody still falls for the fallacy of objective reporting from the mainstream press. For over half a century, media bias in favor of the Left has been a problem. And it seems to have gotten worse during the Obama years. From skewed reporting of events, to fawning, softball interviews with the president, to the insertion of the Obamas into otherwise apolitical situations, it is abundantly clear that the mainstream media is firmly planted in the Obama camp.
Just when you thought it couldn’t get any worse, it has. Two influential media corporations are now receiving money from an Obama administration program, to the tune of hundreds of thousands of dollars. (But don’t worry: their coverage of health care reform will be unbiased, won’t it?)
This week, The Daily Caller reported that the Washington Post Company and CBS are among the many large companies to dip into an Obamacare fund which uses taxpayer money to pay for health insurance for early retirees:
Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a $5 billion grant program that’s doling out cash to companies, states and labor unions in what the Obama administration considers an effort to pay for health insurance for early retirees. The Washington Post Company raked in $573,217 in taxpayer subsidies and CBS Corporation secured $722,388 worth of Americans’ money.
The ERRP, which Republicans call a slush fund, provides taxpayer money to Obama administration-selected states, companies and labor unions with already-in-place early retiree health insurance programs, and aims to make certain that their employees who retire early still have health insurance coverage before they reach Medicare eligibility age. Almost $2 billion of the $5 billion fund, which was supposed to last until 2014, has already been distributed to corporations. New projections expect the funding to run out before the end of 2012, if not sooner.
Continue reading at NewsReal Blog…