Or, should I say, in the front of the line?
Every boob under the sun is getting a bailout. Yesterday? The adult entertainment biz. Today? The digital TV industry.
Unlike the tongue-in-cheek porn bailout, the Boob Tube bailout is happening here and now. Pricetag: $250 million.
A Hill source sent me this e-mail from the Bush administration outlining the giveaway, which provides for a new cash injection to the federal TV converter box fund. Yes, there is such a thing. The fund ran out of money last month.
George Will dubbed this federal entitlement the “No Couch Potato Left Behind” program back in 2005.
It’s a darn good thing our government has so much money to burn! Otherwise, all these bailouts might spell trouble.
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1 Comment
January 9, 2009 at 3:38 pm
A friend has taken advantage of this program, an older gent with limited income. He did it right, heard about the program, asked me to submit his application online, got his 2 cards and bought a converter at a local Radio Shack. It wasn’t hard at all. He has been “Digital Ready” for the last couple of months for $20 plus sales tax. Leaving the appropriateness of the program out of the equation, where has everybody else been to justify extending the program – Pray Tell? -S-