Air America Can't Even Preach to the Choir--Can't Keep Track of Truth
Everyone knows that Rush Limbaugh, Hugh Hewitt, Sean Hannity, Bill Bennett, Laura Ingraham and other conservative radio hosts stay on the air for one reason: there is a market for their viewpoints and presentation. Which is why they don't have much problem getting sponsors. Likewise, if there is no market, there will be plenty of trouble getting people to underwrite a program, given that advertisers are picky about spending money for commercials that people will never hear. Such is the grave reality facing Air America.
Air America has numerous problems, chief among them is that nobody really wants to listen to its programming--a significant obstacle to overcome. And when there is no market, there is no money. And when high-level efforts to get funding from reliable liberal donors fail, that says much about the very unappealing product they are broadcasting. When you can't preach to the choir, it's probably time to close up. Which probably explains why this happened as alluded to in the Newsmax piece above. And the claims of new management that they were clueless about it are apparently false, per Michelle Malkin.
And the question on everyone's mind is, "why on earth are the mainstream media treating this as a non-issue?!"
As Malkin notes, Al Franken seems to be implying that Evan Cohen, the former chairman of Air America who was also the Development Director (read: money handler) from the Gloria Wise Boys and Girls Club (surely no connection there), may have embezzled the cash. But it seems that the same people are running the show before as now, so it rings a little hollow to say that current ownership knew nothing of the acts of prior ownership.
And if this was Fox News, Chris Matthews would be screaming loud enough to blow out the speakers on people's TVs, there would be a Barbara Walters special with Brit Hume crying, The New York Times editorial boardroom would need to be daily mopped from all of the drool, Katie Couric would have pages and pages of leading questions she could ask guests, and there would be calls for a public hanging of Roger Ailes and Rupert Murdoch. But then again, people want to advertise on Fox News...