Obama's post-American world is at hand.
There are more Commie schemes rolling around in leftist Democratic circles in the senate and they are listed under the euphemistic terms "bailout" and "rescue":

"Sen. Benjamin Cardin, D-Md., has proposed rescue legislation to allow willing newspapers to run as nonprofits, a move critics warn may invite government oversight of newspaper content.
The Maryland Democrat proposed a bill Tuesday that would rewrite tax law to allow newspapers to operate as tax-exempt nonprofit organizations, just as long as they don't make official endorsements of political candidates.
But some media analysts say that could create government control of the news."
Nationalizing the media.

What a great Commie idea!
Don't you just love the way leftists use the word "rescue"???......as if their Commie nationalization seizures are something positive??
There's more....this Commie plan has been being discussed by Leftists since November:
"An Obama Administration will likely show little love for the workaday press, as a simple holler out to your reporters that covered his campaign will confirm. (If you still employ campaign reporters, that is.) But Barack Obama is a civic-minded man. He will appoint civic-minded staffers. They may not love reporters, but they grew up with newspapers. They won't want them to go away, especially since we will paint a news paradigm without papers as being dominated by Fox News and bloggers banging on spittle-flecked laptops."

Leftists will control the media and you will be forced to pay for pieces of literay sh&t like the Leftist New York Times and the Seattle pi-libbie news whether you want to or NOT:
Debt Relief/Subsidization. The U.S. assumes all outstanding debt at all newspaper companies. At midyear that was $14 billion for the publicly traded players (excluding News Corp., which only owns two U.S. newspapers, but more on them later), $12.5 billion for the Tribune Co., plus more for other private players. The U.S. may take equity stakes in all companies, should the government deem this wise. This plan also includes a onetime sum to offset current revenue shortfalls. Newspapers took in $45 billion from advertising in '07; let's assume ad declines this year and next will total $15 billion. Cost: Around $45 billion.
Industry Digitization. Think of the "license fee" British households pay to the BBC. Government will subsidize Amazon's Kindle (or equivalent device) and mandate that each household purchase one for $50. (Households below the poverty line will get one free.) This plan also provides several billion dollars to develop new digital news products, retrofit or dispose of obsolete assets (like printing presses), and roughly maintain existing newsroom staffs. Government again has the option to secure passive equity stakes. We will stress this plan's "green" aspects. Cost: Approximately $55 billion."
To paraphrase incoming Chief of Staff Rahm Emanuel, never let a crisis go to waste—it allows you to do big things..."

Obama and his Commie pawns are getting ready to SEIZE YOUR MONEY AND CONTROL YOUR LIFE in the biggest Commie POWER GRAB in history.
The Blitzkreig is moving at breakneck speed.
The Obama administration intends to blindside everyone before they even know what pile of Commie horse sh*t hit them!@

His worshippers will be pleased....

The Obama rage boy will have another reason to sig heil~!

Soon.....very soon,there will be a huge referendum.
The Obama administration will say it needs more than 2 terms (to extinguish the light of liberty).
Then there will be a vote just as there was in Venezuela:

"In a referendum this past February 15th, Hugo Chavez managed to reverse the results of the previous December 2, 2007 vote by winning the constitutional right to be re-elected indefinitely.
Chavez won the referendum after running a campaign of intimidation and blackmail. Chavez does not govern democraticly. To the contrary he has abused state power and resources. He has used the instruments of government to harass unions, human rights advocates and has violated free speech. The state-owned oil-company, PDVSA and other state companies have been encouraged to intimidate employees so they would vote in favor of the referendum."
The stage is being quickly set.
Unless the current administraion's Commie agenda is interrupted by brave souls, America is on the way out.