danger-cliff-ahead

Incorporation: A Fool’s Game

Danger AheadMeet Bob, the owner and editor of a struggling newspaper.

Circulation and interest in his publication remains pretty stable, but advertising revenue dropped precipitously over the last several months. He’s on the verge of shutting down the presses when a very wealthy businessman comes and offers to underwrite the entire venture. He woos Bob with a passionate speech about his commitment to news. He tells Bob he values hard hitting reporting and talks about “speaking truth to power.” He even expresses a willingness to take a loss for the sake of keeping journalism alive in their town.

The businessman comes to the table with just one condition: he gets to make the final decision on all content.

Understandably, Bob feels somewhat reluctant initially.

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A Step in the Right Direction?

Sometimes, support for state action to block unconstitutional acts springs up in the most unlikely of places. Take this gem from a former Washington D.C. prosecutor who admits he “just about always sided with the United States in circumstances in which the states have tried to preempt the federal government.” Jeffery Shapiro agrees that states should not enforce any federal acts violating the Second Amendment.

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