It’s happened: Scare America files for bankruptcy

Posted by: ST on October 13, 2006 at 11:10 am

Via AP:

NEW YORK (AP) — Air America Radio, a liberal talk and news radio network, has filed for Chapter 11 bankruptcy protection, a network official told the AP.

The network had denied rumors just a month ago that it would file for bankruptcy, but on Friday Air America said negotiations with a creditor from the company’s early days had broken down.

The network will stay on the air while it resolves issues with its creditors, spokeswoman Jaime Horn told the Associated Press.

A formal announcement was expected to be made later Friday.

For ages I’ve watched as liberals have claimed how ‘successful’ Air America is. Heck, Think Progress, the lefty blog who posted the original rumor (which Air America initially denied) tried to spin AAR as a success. Gonna be kinda impossible to do that now, eh?

I, and so many other conservatives, have said for so long that there simply was not a market for liberal talk radio. Considering they dominate all the cable news channels and news programs (with the lone exception of Fox) they, for all intents and purposes, already had their liberal outlets: the MSM. I think, perhaps, this announcement confirms that belief.

(Thanks to ST reader Sev for the tip.)

Read more via Malkin and Radio Equalizer.

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  • 17 Responses to “It’s happened: Scare America files for bankruptcy”

    Comments

    1. Mwalimu Daudi says:

      It’s a lie! A vast right-wing hypocritical Halliburton-hatched chickenhawk anti-choice racist pro-trans-fat environmentally-incorrect anti-science imperialist pedophile non-vegan intolerant pro-Fox News homophobic theocratic tax-cutting pro-tobacco ethnocentric warmongering lie! Air Amerika is not broke – they are merely re-deploying their financial resources! Don’t question their patriotism! No blood for oil! Re-elect Gore! Osama was framed! Impeach Bushitler! US out of New Orleans! There were no WMDs in Iraq! 9/11 was a Jewish/neocon conspiracy! War is peace! Freedom is slavery! Ignorance is strength as well as the official Democratic Party motto!

    2. Lorica says:

      Is this really a big surpise. Being forced to steal all of that money from the youth center it should be apparent that this was going down in flames. George Soros is not a complete idiot. He knows a dog with fleas when he sees one. Why keep funneling money into this pit. He would get more benefit from taking his money and throwing it off the Empire State Building. – Lorica

    3. Severian says:

      Questions are a burden to others, answers a prison for onself.

    4. G Monster says:

      So when are dumb and dumber going to stop broadcasting thier B.S.?

    5. G Monster says:

      Randi Rhodes and I think the other guy is Al Franken. He looks like a cartoon character with a bad temper.

    6. Severian says:

      Well, not to dampen the party too much, but if the Dems gain control of one or both houses of Congress in this election, expect the demise of Air Amerika to be used as a rationalization for the Dems to hammer conservative talk radio and news with a return of the “fairness” doctrine. Liberals have wanted to silence their opponents on the right by shutting down talk radio for years, and this, in conjunction with a Democratic takeover of Congress, will be all the excuse they need.

      If any conservative needs a reason to get their butts to the polls this November, this is a good one. If anyone doubts that the Democrats would attempt to do this, just look at the Peggy Noonan piece on how the left treats opposing viewpoints.

    7. Steve Skubinna says:

      HAHAHAHA…aaaahHAHAHA!!!!! Snort, snort… HAHAHA!!! Shiff, gasp…HAHAHAHA(thud).

      Ouch. I think I just sprained something.

    8. daveinboca says:

      Air America was a projectile-vomit spew of Randy Roads/Al Franken’s undigested stomach-pump junk food for the left-wing mind [pardon the oxymoron]. It paid stations to run its drivel, since the audience ranged from slim to none and advertisers wouldn’t run ads on such an idiotic set of programs.

      I listened only a few times, and between the vulgarities, the obscenities, and the inanities, there was nothing but idle chatter about the weather. Otherwise just chewing gum for the left-wing mind [again, pardon the oxymoron].

      But I watched an ultra-left professor at the U. of Minnesota-Duluth last night on The Factor and this obese idiot claimed Bush was behind the 9/11 disaster and had it staged with thousands of accomplices. UWis-Madison has an adjunct prof making his students buy a book touting the same insane lunacy.

      Franken just moved to Minnesota, to be closer to his mental colleagues who elected the brain-challenged buffoon-wrestler Jesse Ventura. The dumb Swedes and Norwegians there eat lutefisk and adore Garrison Keillor. Something in the water, I guess. By the way, Minnesota and Wisconsin lakes are where the loon is found more than anywhere else. Coincidence?:)

    9. Ryan says:

      I’d like to point out that there are a lot of conservative areas in Minnesota. Unfortunately the Twin Cities and Iron Range-Duluth area aren’t among them and that’s where the left gets its support.

    10. Drewsmom says:

      FINALLY, I hope randi rhodes is can’t find a job cleaning port-o-lets, she just makes me want to hurl.
      Wonder where she’ll go next to spew her venom, maybe onstage at the dnc convention in 08?=))

    11. - Oh well then Ryan. I wasn’t aware of that. In other words the “freedom of speech” station’s 24/7 “hate America” format wasn’t embraced by the racist Conservative demographics it was located in. That’s a completely different situation. Maybe the Radio waves, which the last time I checked we fair and balanced, were in concert with Rove, and stopped in mid-air, a definate conspiracy to suppress your sides freedom to hate if I ever saw one.

      - I’m simply shocked. I demand a Congressional investigation. This cannot stand. This is almost as bad as the WTC conspiracy, with the elephants, and the bombs disguised as Big Mac’s. I’m going to email my Congressman. Thats all there is too it. A

      - American’s, not the French/Europran “visitor’s”, busy trying to overthrow our Republic, but REAL American’s, should stand up and demand Err America be supported by our Taxes.

      - Bang **==

    12. Leslie says:

      The simple fact is, outside of Randi Rhodes, none of their personalities really knew how to do radio.

      I’m sure Randi will find another radio gig; as for the others, well–they won’t starve.

      The free market is, as always, what it is.

      :-?